AMIG

American Modern is a widely recognized, national leader in the specialty insurance business. With close to 50 years of experience, the company delivers residential insurance for many property classes – rental property, a vacant home, seasonal or vacation homes, and full-time residences including mobile homes. In the recreational insurance market, they offer solutions for owners of boats, yachts, personal watercraft, and classic cars. American Modern’s A+ (Superior) financial condition is recognized by well-known industry analyst A. M. Best Company.

Important Update - American Modern Late Payment Procedure Changes

AMIG

To update an earlier message that was inaccurate - American Modern WILL consider policies with a lapse in coverage and we CAN rewrite Mobile Home policies that cancel for non-payment.

American Modern has instituted a 7 day grace period for late payments on all product lines. The system will no longer allow a late payment to be applied on any product after 7 days. The only exception is Leinholder billed accounts which will receive a 15 day grace period.

American Modern Mobile Home - Photo Requirement Lifted

AMIG

Most of you are familiar with the "undo" button on our computers... consider this an "undo" of the Underwriting Update we sent last month on this subject.

After further consideration, American Modern will no longer be requiring photos as previously outlined for Manufactured Homes.

Just to give you some background, the original reasons for the change were concerns around older Mobile Homes and also concerns about Mobile Homes with possible prior unrepaired damage. American Modern was trying to take measures to ensure their Mobile Home product remained healthy.