Pg 2 Instructions and Guidelines Effective: April 18, 2022
Commercial Risks ........................................................................................................................................ 17
Manufactured Homes ................................................................................................................................. 17
Minimum Amount of Coverage ............................................................................................. 17
Photographs .......................................................................................................................... 18
Inspections ............................................................................................................................ 18
Replacement Cost Valuation .................................................................................................. 18
Agent/Agency License Information ........................................................................................ 18
Federal Coastal Barrier Resources Zone ................................................................................. 19
Policy Changes ....................................................................................................................... 19
Policy Change Criteria ................................................................................................................................. 19
When requesting an increase in amount of insurance, provide the following: ...................................... 19
Miscellaneous endorsement requests: .................................................................................................... 20
Cancellations ......................................................................................................................... 20
Agent Originated Cancellations .................................................................................................................. 20
When coverage has been rewritten or there is duplicate coverage: ...................................................... 20
When there is an NSF check to the agent: .............................................................................................. 20
Cancellations from the Premium Finance Company Cancellation Requests ........................................... 20
Mortgagee Cancellation Requests .............................................................................................................. 21
Commercial Insurance ........................................................................................................... 21
Deductibles ................................................................................................................................................. 21
Values in excess of TWIA Limit/Insuring the deductible on an excess policy ............................................. 21
Replacement Cost Endorsement Form TWIA-164 ...................................................................................... 22
Replacement Cost Excluding Roof Endorsement Form TWIA-165 ............................................................. 22
Increased Cost of Construction (ICC) Form TWIA-432 ................................................................................ 22
Business Income Coverage (BI) Form TWIA-17 ........................................................................................... 22
Builder’s Risk Coverage ............................................................................................................................... 23
Commercial Insurance Parameters ............................................................................................................. 24
Church, Lumber Yard, and School Forms .................................................................................................... 24
Residential Insurance ............................................................................................................ 25
Policies with Multiple Risk Items and/or Property Locations ..................................................................... 25
Dwelling and Farm & Ranch Deductible ..................................................................................................... 25