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A CRITICALLY IMPORTANT CHANGE FOR AGENTS PROVIDING HOMEOWNERS INSURANCE AND FOR ANYONE OWNING A HOME THAT IS INSURED

The pages of the PIPELINE has been traditionally reserved for agency management issues. Our goal has always been to provide information that will help agents grow and prosper. However a change is coming on October 1, 2015 that will change the residency definitions of homeowners policies and YOU must be aware of this impending change.

The source of this information is IIABA’s Virtual University (Bill Wilson, CPCU, ARM, Assoc. VP Education and Research). Rather than republish Bill’s fine work, please link to the information here. It is eye-opening and extremely important for every agent who writes homeowners policies and for every homeowner to understand.

We commend Bill and IIABA for its dogged determination and foresight to work with ISO to address these issues.