Insurance Policy Forms and Endorsements
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Copies of over 100 Insurance policy forms and endorsements from many insurers, with annotations by Ron Cercone, are available for instant download at UClaim.com. New forms are constantly added. There is also a “free” policy offer. Policy forms are FREE for DISASTER VICTIMS. There is also a free 2nd eBook offer now at UClaim.com.
Trying to get a copy of your complete policy form book and or endorsements after a major loss will be met with resistance by most adjusters and agents. Trying to get a “certified copy” of your insurance policy form will draw even more resistance. Here is our best insurance claim advice for consumers in need of a policy form copy. There is a reason why most insurers (as of this writing in 2008) don’t make their insurance policy form and endorsements available on their websites. They don’t want you to read your insurance policy. They want you to trust them and what they tell you that your policy covers. If you ask your agent for a copy of your policy form after a loss, most agents will give you 1 piece of paper, the “Declarations Page”, which has your name, address and general dollar amounts of coverage on a few general categories like structure, contents and living expense. They will say “Oh, we don’t keep an extra copy of ‘your’ policy on hand, when you buy your insurance, the insurance company sends us ‘your’ policy and we forward it to you.” Why does your agent not want you to have it? Because what they never tell you is that when one of their policy holders has a loss, it affects their overall “loss ratio”. And that means they get a lower commission rate when policies renew.
By the time you get a “complete” copy of your policy form with all the endorsements (weeks or months, if you get it at all), you will have already been steered into making a number of uninformed major decisions. Most of those decisions will have benefited the insurer and reduced your settlement, or resulted in a complete denial.
“ISO” policy form designations stand for “Insurance Services Office”, a business that allegedly “creates” hundreds of generic policy forms and endorsements. These forms are used by many insurers in their original form. Some larger companies like Allstate, State Farm and Farmers Insurance modify these policy forms (to their benefit) and put their own logo on them.
Note, the edition of the policy form is very important. Generally speaking, older editions have better coverage. Insurers are constantly reducing coverage with endorsements. It seems like after every major natural disaster, they come up with a new endorsement reducing coverage. Don’t be surprised if Hurricane and Tornado are soon excluded and only covered with an endorsement for an extra premium, like Earthquake coverage.