We are excited to inform you of an upcoming iBIS enhancement which will be available on February 28, 2013.  This enhancement will apply homeowner loss surcharges at quote time.  This feature will greatly assist you in quote accuracy at the time of submission. 

The loss surcharge will be applied to home policies having two or more paid claims within a 3- year period.  This surcharge does not apply to identity theft losses.   With this enhancement, additional verbiage will be added to the Agency Feedback screen, Quote Summary screen, and on the iBIS printable quote. 

Michigan & Ohio Group & Ohio Non-Group quoted policies will display the following verbiage: 

“Claims surcharge has been applied for Homeowners.  Please contact your Underwriter if you have any questions.”

Michigan Non-group policies will display the following verbiage: 

“Claims surcharge has been applied for Homeowners.  Please contact your Underwriter if any of the claims are outside the control of the insured.”  

We hope you find this iBIS enhancement valuable in quoting Frankenmuth Insurance Personal Lines products.  If you have any questions, please don’t hesitate to contact your Personal Lines Underwriter or Field Manager.  Thanks for thinking of Frankenmuth Insurance for your new business.