3/9/2022 - Reminder: Transfer of Germania Boatowners Policies to Foremost
Reminder: Transfer of Boatowners Policies to Foremost |
|
As a reminder to our agents, Germania began discontinuing the boatowners line of business on Sept. 1, 2021, for new business, and Feb. 1, 2022, for renewal business. A copy of the non-renewal notice is being issued to policyholders 75 days prior to the expiration date of their policy. We ask that you contact your policyholder prior to their receipt of this notice to inform them that Germania no longer offers boatowners coverage and that you are able to offer coverage with Foremost through Germania General Agency (GGA). The nonrenewal process of existing boatowners policies is expected to take one year to complete. A list of your agency’s existing boatowner policyholders is available from the Inforce Policy Mailing List found in GermaniaConnect > Reports. Agents are able to export this report from GermaniaConnect to Excel and filter for the Boatowners line of business. For agents' convenience, attached are two documents for reference:
If you have any questions on coverage conversion, please contact Foremost. For other questions, feel free to contact your Germania sales rep.
|