Program Overview

• Minimum Policy Premium:

• $500 on Property

• $500 on General Liability

• $250 on any Inland Marine Schedule

• Policy Deductible:

• $1,000, $2,500, $5,000, $10,000 and $25,000 deductibles available

• Eligible Agents:

• Must have a current property & casualty and brokers license in the state (s) where you will be writing business.

• Provide necessary documentation for the risk.

• Eligible Insureds:

• Hospitality risks that are decorated with period or regional furnishings and provide breakfast to guests and whose primary business is the operation of an underwriting acceptable Inn which may include but is not limited to the following:

• Bed & Breakfasts
• Country Inns
• Homestays
• Guesthouses
• Urban Inns
• Romantic Hotels.
• Soon to Come - - coverage for Destination Spa's, Fishing & Hunting Lodge's

• Any of the above risks with a restaurant and/or bar exposure at the premise. Receipts from a liquor exposure may not exceed 50% of the restaurant receipts and the liquor-serving facility must close when the restaurant closes.
• Tenant occupied dwellings on the insured premise. We cannot insure stand alone rentals.
• Owner's residence on or off premise.

• Binding:

• OLD LINE will bind coverage within 24 hours with the following conditions being met:
  1. Receipt of a completed and insured signed application.
  2. Photographs or website with photographs of structures.
  3. Determination that underwritting conditions are satisfied or will be within 30 days.
  4. Receipt of Loss Runs for the last 3 years.

• Our delivery target is to forward the Policy within 7 to 10 days.

• If the risk is not approved, you will be notified immediately via telephone, fax or e-mail.

• Claims:

• A dedicated claims department is available for you and your insureds. (Fax Claim Notices to 240-405-1450)

• Claim processing will commence immediately and insureds will be contacted within 24 hours.

• Paying Premium:
  
  
  • Producing agencies will be billed for client premium.
    
    
  • Insureds Payment Options
    
    
    • Pay full annual premium to their local agent or
    • Effective 8/1/2004, finance their premium less a down payment.