Agent Bulletins

* * * * B U L L E T I N * * * *

** EFFECTIVE 10/1/2010 NEW OFFICE LOCATION **

We have moved!!! Our new office location address is listed below.

INDIANA BASIC PROPERTY INSURANCE UNDERWRITING ASSOCIATION

(INDIANA FAIR PLAN)

8777 Purdue Road, Suite 360

Indianapolis, IN 46268

TELEPHONE: (317) 264-2310 or (800) 888-8627

FAX: (317) 264-2313 or (888) 597-4819

* * EFFECTIVE 9/3/2010 NEW WEBSITE ENHANCEMENT * *

Our policy status program is now online. You now have the ability to print policies, review coverages, and check payment status.

Once you have signed in as an agent you can review your policies under our “VIEW POLICIES” tab.

Our policy status program is called: NAVIGATOR

IMPORTANT FAIR PLAN CHANGE EFFECTIVE JANUARY 1, 2010

NOTICE TO AGENTS: 2010 RATE INCREASE

DWELLING FIRE PROGRAM POLICIES ONLY

This rate increase will apply to all New and Renewal FAIR Plan Dwelling Property Policies with effective dates on or after January 01, 2010.

Premium rate increase is: 11.7%.

******** IMPORTANT FAIR PLAN CHANGES EFFECTIVE APRIL 1, 2009 ******

MULTIPLE DWELLINGS - ONE POLICY

In the past, the FAIR Plan has written a separate policy and charged a separate premium for each non-owner dwelling owned by a policyholder who owns multiple dwellings.

Effective April 1, 2009, we will convert policyholder multiple dwellings onto one policy by dwelling location endorsements. After a policy is issued, any new dwellings will be added as an endorsement. A new Multiple Dwelling Supplement Application for each location will be used for additional dwelling locations only. Signatures are not required on the Multiple Dwelling application as it will become part of the original Basic Property Insurance Application.

Premium will be pro-rata from the day added to the end of the policy term. Any deletion of a dwelling during the policy period will cause a refund of premium pro-rata.

Multiple dwelling policies will have the same rules, procedures and rating as current single dwelling policies do now.

FAIR PLAN DECLARATION PAGE HAS BEEN UPDATED.

Surcharges now show the actual surcharge premium associated with each surcharge. Policy forms and endorsements are now named.

COMING SOON – WEBSITE IMPROVEMENTS AND ENHANCEMENTS

Site will provide online computer quoting and easier access for agents to status their policies. Manual rate quoting will no longer be necessary. Agents will have access to status their own policies.

These enhancments are projected to be completed during 2010.

NEW BUSINESS APPLICATION - REMINDER

Pictures are still required when submitting a new business risk, applications without pictures will be returned. New business applications can be printed from our website.

Indiana recently has had storms and flooding in several Indiana counties.

The Indiana Commissioner of Insurance has issued a 60 day moratorium / grace period (Bulletin 163) which restricts a company’s ability to cancel, nonrenew or charge late payments to policyholders in “impacted areas”.

Effective June 17, 2008 - August 16, 2008.

RE: AMOUNT DUE NOTICE

AMOUNT DUE NOTICE FOR PAYMENT will be extended to August 16, 2008. Premium not paid by August 16, 2008 will cause policy coverage to cancel as of August 16, 2008 due to non payment of premium.

RE: RENEWAL NOTICE

RENEWAL NOTICE: Insurance coverage / payment will be extended to August 16, 2008. If renewal premium is not paid by August 16, 2008, then the grace period provided will expire and coverage will expire as of expiration date shown on notice.

Please contact your agent or the Indiana Fair Plan if you have questions or concerns regarding your extension of time for paying premium.