This is to keep you informed of our many exciting changes and form revisions that are now live in SLATE.

NEW RATES:

• We have revised the HO-3 and Basic Choice Rules and Rates
  • New Business rates are effective 4/1/2026
  • Renewal Business rates are effective 6/1/2026
• Will my quote be honored?
  • An existing quote with a future effective date will honor the previous rate
  • Any quoting modifications will update the premium to the newly filed rates
  • Please note, many areas of the state will see rate reductions, so the new rate may benefit your insured
  • Should you require an exception to honor the previous rate, an agency underwriter will need to assist you
  • We are happy to honor your quote up until Tuesday, April 7th at 5pm EST

• We added increased HO-3 AOP Deductible options: $7,500, $10,000, $15,000
• Due to these new options, you’ll see that the Homeowners Application (PTIC HO APP 0425), Homeowners Declarations Page (PTIC D001 0425), and Notice of Change in Policy Terms (PTIC NOCPT 1025) have been revised
• Policies that exclude the peril of Windstorm or Hail or have an AOP Deductible greater than $5,000 are not eligible for the Roof Deductible – Standard Option

• We revised the Rejection of Roof Deductible Form (PTIC HOFL RJRD 0325) from a two-page to one-page document for ease of submission (🥳see, we really listen!)
• This is applicable to both HO-3 and Basic Choice products

• “In-Ground Pool” and “Attached Garage” are two new RCE attributes available in Quote and Policy Endorsements
• You will no longer have to select “Above Average” Home Quality Grade if the risk has a pool
• You can select the appropriate quality grade and then choose whichever replacement cost amount best fits
• Review your renewal book now that these fields are available, and submit any necessary changes to underwriting