GEOVERA SPECIALTY INSURANCE COMPANY
HOMEOWNERS POLICY
FLORIDA UNDERWRITING MANUAL
Page 1 of 20
Effective January 2014
GeoVera Specialty Insurance Company
Florida Homeowners Manual
TABLE OF CONTENTS
SUBJECT
1. Introduction
2. General Description
3. Binding Authority and Issuance
4. Policy Term and Premiums
5. Application
6. Inspection Reports
7. Rating Criteria
8. Transfer or Assignment
9. Property Address Changes
10. Backdated Cancellations
11. Highlights of Policy Sublimits and Exclusions
12. Ineligible Risks
13. Coverage Summary
14. Section I Coverages and Available Decreases and Increases
15. Section II Coverages and Available Increases
16. Additional Coverages
17. Surcharges and Credits
18. Additional Insureds and Interests
19. Deductibles
Forms Listing
Page 2 of 20
Effective January 2014
PAGE NUMBER
3
3
3
4
4
4
4-5
5
5
5
6-7
8-9
10
11-12
12-13
13
13-16
16
17-18
19-20
GeoVera Specialty Insurance Company
Florida Homeowners Manual
1.
INTRODUCTION
This GeoVera Specialty Insurance Company Underwriting Manual contains the rules for the
Homeowners program, as well as rules governing eligibility and underwriting requirements, including
premium/rating factors.
The program is intended to serve the basic homeowners insurance needs of the middle market. This
program may be supplemented by purchase of additional policies to cover risk exposures not covered
in this basic homeowners program. Some examples of additional policies might include: a watercraft
policy, a scheduled personal property floater policy, or a personal excess umbrella policy.
Any questions regarding limits, deductibles, coverages, acceptability or any other area not specifically
addressed in this manual must be referred directly to GeoVera Specialty Insurance Company.
The information in this manual is non-binding and does not amend or otherwise affect the terms,
conditions or coverages of any insurance policy issued by GeoVera Specialty Insurance Company.
All terms and conditions are contained in the policy itself.
2.
GENERAL DESCRIPTION
The GeoVera Specialty program uses primarily ISO forms and endorsements, as well as some
proprietary GeoVera Specialty endorsements.
The program issues one basic form for owner and/or tenant occupied residential dwellings:
HO-3 (HO-00-03)
A Forms List in this manual contains all valid forms and endorsements.
3.
BINDING AUTHORITY AND ISSUANCE
A.
Binding authority rests with GeoVera Specialty Insurance Company. Policy issuance done by
the program administrator or designated service center.
B.
The Company will suspend binding of coverage for new business at its discretion.
C.
The Company will suspend the binding of increases in coverage at its discretion.
Page 3 of 20
Effective January 2014
GeoVera Specialty Insurance Company
Florida Homeowners Manual
4.
POLICY TERM AND PREMIUMS
Annual policies (12 months) are issued.
Premium financing is not permitted.
5.
APPLICATION
The Company requires a completed application submitted via the Residential
Homeowners Quote (RHQ) website.
The Company also requires a signed copy of the GeoVera Specialty RHQ application.
The application is completed on-line and printed in the producer’s office. The producer
is responsible for maintaining the completed signed application in their files for no less
than 7 years.
6.
INSPECTION REPORTS
Inspection reports will be ordered at the discretion of the Company.
The Company will rely on public records information to verify proper replacement cost.
7.
RATING CRITERIA
A. TERRITORY DEFINITIONS (LOCATION BASED ON ZIPCODE)
B. PROTECTION CLASS INFORMATION - ISO protection classes are used. There is no
suburban rating rule or protection class deviation plan in effect.
C. CONSTRUCTION DEFINITIONS
FRAME – wood or steel frame; exterior walls of wood or other combustible
construction, including wood-iron clad, stucco on wood, or plaster on combustible
support, aluminum or plastic siding over frame, and brick veneer (up to 100%).
MASONRY – includes masonry and CBC (concrete/cinder block) construction.
SUPERIOR  Non-Combustible: Exterior walls and floors and roof constructed of, and
supported by metal, asbestos, gypsum, or other non-combustible materials.
 Masonry Non-Combustible: Exterior walls constructed of masonry materials and
floors and roof of metal or other non-combustible materials.
 Fire Resistive: Exterior walls and floors and roof constructed of masonry or other
fire resistive materials.
Page 4 of 20
Effective January 2014
GeoVera Specialty Insurance Company
Florida Homeowners Manual
D. INSURANCE TO VALUE – Pricing contemplates writing the amount of insurance at
100% of the replacement cost of the dwelling for the owners program. Valuation
methodology reflects repair and replacement cost based on location, age, and size of
home.
The Company will calculate the minimum amount of insurance offered for each property
based on replacement cost. The amount of insurance offered can be increased in $1,000
increments up to the program limits, but cannot be decreased below the minimum.
8.
TRANSFER OR ASSIGNMENT
A policy may not be endorsed to effect assignment from one insured to another.
Name changes due to marriage, divorce, or death are permitted if accompanied by supporting
legal documentation.
9.
PROPERTY ADDRESS CHANGES
Changes to the property address are not permitted, except for corrections as a result of
typographical errors or address changes stipulated by the United States Postal Service
(USPS). Requests must be in writing with reason given for the address change. If the
change is the result of a change by the USPS, then a copy of the USPS documentation
must be provided.
The policy will be re-underwritten based on the corrected property address. Any resulting
premium changes will be charged or credited as appropriate. If the policy is ineligible
based on corrected property address information, an underwriting action will be taken.
10.
BACKDATED CANCELLATIONS
Backdated cancellation for duplicate coverage, sale of home, total loss to the property, or
foreclosure is limited to 1 year with adequate proof.
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Effective January 2014
GeoVera Specialty Insurance Company
Florida Homeowners Manual
11.
HIGHLIGHT OF POLICY SUBLIMITS AND EXCLUSIONS – FLORIDA
The GeoVera Specialty Homeowners Program uses the HO-00-03 (10-00) policy form, which contains standard
policy sublimits and exclusions. In addition to the sublimits and exclusions contained in the HO-00-03 policy form,
the following sublimits and exclusions are added to the policy by way of endorsement.
Coverages
Animals Owned or Kept
by an Insured*
Asbestos or Lead
Contamination
Bodies of Water**
Criminal Acts
Domestic Animals
Covered Under the Policy
Exterior Paint or
Waterproofing damaged
by windstorm or hail
Firearms
Flooring
Home Day Care
Limited Swimming Pool
Enclosure and Patio
Enclosure Coverage
Loss Assessment
Mobile Homes
Mold
Ordinance or Law
Pollution Liability
Premises Liability
Punitive or Exemplary
Damages
Roof Coverage
Seepage or Leakage over
14 days
Sinkhole Collapse
Terrorism
Sublimits or Exclusions
Section II: Liability & Medical Payments coverage excluded
Excluded
Section II: Liability & Medical Payments coverage excluded
Excluded
Section II: Liability & Medical Payments coverage limited to $25,000
Excluded
Section II: Liability & Medical Payments coverage limited to $25,000
“Hard floor covering” limited to “room(s)” where loss or damage occurred
US-04-42 (02-13)
US-05-04 (02-13)
US-05-10 (02-13)
US-01-09 (08-11)
US-04-42 (02-13)
US-05-04 (02-13)
US-05-10 (02-13)
HO-23-70 (07-01)
US-04-42 (02-13)
US-05-04 (02-13)
US-05-10 (02-13)
US-05-15 (06-09)
Section I: Personal Property coverage limited to $2,500
Section II: Liability & Medical Payments coverage excluded
$5,000 per policy period total limit
HO-04-96 (10-00)
$5,000
Excluded
US-04-35 (09-07)
US-04-42 (02-13)
US-05-04 (02-13)
US-05-10 (02-13)
US-03-55 (07-13)
HO-04-77 (10-00)
US-01-09 (08-11)
US-05-10 (02-11)
$5,000 per policy period total limit
25% of Coverage A
Section II: Liability & Medical Payments coverage excluded
Section II: Liability & Medical Payments limited to losses on residence
premises for non-owner occupied dwelling
Excluded
US-05-02 (09-07)
US-01-09 (08-11)
Multi-Layer Roof coverage limited to $10,000
US-05-25 (04-12)
$1,000 per policy period total limit
US-03-55 (07-13)
Excluded, however, catastrophic ground cover collapse is provided
Excluded
US 01-10 (08-11)
US-03-80 (09-07)
Page 6 of 20
Effective January2014
Endorsement
Number
US-04-42 (02-13)
US-05-04 (02-13)
US-05-10 (02-13)
US-01-09 (08-11)
GeoVera Specialty Insurance Company
Florida Homeowners Manual
Coverages
Sublimits or Exclusions
Unfenced Pools
Section II: Liability & Medical Payments coverage excluded
“Vicious Dogs”***
Section II: Liability & Medical Payments coverage excluded
Endorsement
Number
US-04-42 (02-13)
US-05-04 (02-13)
US-05-10 (02-13)
US-04-42 (02-13)
US-05-04 (02-13)
US-05-10 (02-13)
*
Animals Owned or Kept by an Insured:
“Animal Owned or Kept by an Insured” means any animal owned by an “insured” or in their care, custody
or control other than domestic animals not commonly considered livestock, such as dogs and cats kept as
pets, and not otherwise excluded under this policy.
**
Bodies of Water:
Any natural or man-made body of water, including but not limited to:

Ponds;

Lakes;

Streams;

Pools;

Swamps; and

Creeks.
This exclusion does not apply to swimming pools which are not otherwise excluded under this policy.
*** “Vicious Dogs” definition:

A “vicious canine” means a canine, regardless of the breed, that any “insured” knows, or should
have known, has attacked, bitten, or otherwise caused “bodily injury” to any person;

A Staffordshire Bull Terrier;

An American Pit Bull Terrier;

A Rottweiler;

A Doberman Pinscher;

A Chow Chow; or

An American Staffordshire Terrier.
A canine is deemed to be a Staffordshire Bull Terrier, American Pit Bull Terrier, Rottweiler, Doberman
Pinscher, Chow Chow, or an American Staffordshire Terrier if its lineage contains part of that breed.
Page 7 of 20
Effective January2014
GeoVera Specialty Insurance Company
Florida Homeowners Manual
12.
INELIGIBLE RISKS
Owner Only or Owner/Tenant Occupancy
Aluminum wiring, knob and tube wiring, fuse boxes, or homes without
circuit breakers
Animals owned or kept other than domestic pets
Bars on windows without release
Body of water on the property other than a swimming pool
Builders risk
Claims: More than 2 paid in the past 3 years or total more than $20,000
Condemned or without public utility services
Construction other than Frame or Masonry
Converted commercial building
Conviction for arson or coverage-related crimes
Course of Construction
Dwellings or premises in need of maintenance or repair
EIFS construction
Farmettes or Ranchettes
Foreclosure, repossession, or bankruptcy during the past 5 years (filed,
declared or any kind of other involvement in such proceedings)
Foundation of stilts, pre-2002 concrete pilings/piers, post & pier, pier &
beam, or “unknown”
Held for rental
Located on more than 5 acres
Mobile Homes, Modular Homes, Prefabricated Homes
More than 3 Levels
More than 4 Units
Premises Never Occupied By Insured
Properties with 3 or more mortgages or loss payees
Protection Class 10
Rural route property location addresses
Tenant only Occupied
Unconventional designed dwellings, including but not limited to berm,
geodesic, log, or underground homes
Uncorrected fire code violations
Undergoing renovation or reconstruction
Unfenced pools
Unoccupied homes
Vacant homes
Wood stoves or Pellet stoves
Year built prior to 1945
Page 8 of 20
Effective January2014
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
GeoVera Specialty Insurance Company
Florida Homeowners Manual
Tenant Only Occupancy
Aluminum wiring, knob and tube wiring, fuse boxes, or homes without
circuit breakers
Animals owned or kept other than domestic pets
Bars on windows without release
Body of water on the property other than a swimming pool
Builders risk
Claims: Any liability or vandalism claim in the past 3 years
Claims: More than 1 water or 1 theft loss in the past 3 years
Claims: More than 2 paid in the past 3 years or total more than $20,000
Condemned or without public utility services
Construction other than Frame or Masonry
Converted commercial building
Conviction for arson or coverage-related crimes
Course of Construction
Dwellings attached to, or occupied, as a commercial risk
Dwellings or premises in need of maintenance or repair
Dwellings with farm operation
EIFS construction
Farmettes or Ranchettes
Foreclosure, repossession, or bankruptcy during the past 5 years (filed,
declared or any kind of other involvement in such proceedings)
Foundation of stilts, pre-2002 concrete pilings/piers, post & pier, pier &
beam, or “unknown”
Fraternity or Sorority houses
Horses boarded or rented to others
Located on more than 5 acres
Mobile Homes, Modular Homes, Prefabricated Homes
More than 3 Levels
More than 4 Units
Plumbing and heating not updated in past 40 years
Properties with 3 or more mortgages or loss payees
Protection Class 10
Rooming or Boarding homes
Rural route property location addresses
Seasonal or Secondary dwellings
Unconventional designed dwellings, including but not limited to berm,
geodesic, log, or underground homes
Uncorrected fire code violations
Undergoing renovation or reconstruction
Unfenced pools
Unoccupied homes
Vacant homes
Wood stoves or Pellet stoves
Year built prior to 1945
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Effective January2014
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
Not Eligible
GeoVera Specialty Insurance Company
Florida Homeowners Manual
13.
COVERAGE SUMMARY
A summary of the issuance levels, permitted increases, covered perils, and loss settlement terms are as
follows:
Owner Only-Occupied
Primary Usage
Coverage ADwelling
Coverage BOther Structures
Coverage CPersonal Property
Coverage DLoss of Use
Coverage EPersonal Liability
Coverage FMedical Payments
Perils on A&B
Perils on C
Loss settlement
on A&B
Loss settlement
on C
Ordinance or Law
(Building Code)
Loss Assessment
Issued at
100% replacement cost
Issued at 10% of A
Unless Specifically
Excluded
Issued at 50% of A
with options to reduce
Coverage C Limit to 25% of
A, or increase Coverage C
Limit to 70% of Coverage A
Issued at 20% of A
(no decrease/increase)
Issued at $300,000
(Options to decrease to
$100,000 or
Increase to $500,000 if
required by umbrella)
Owner Only or
Owner/Tenant Occupied
Seasonal or Secondary Usage
Issued at
100% replacement cost
Issued at
100% replacement cost
Issued at 10% of A
Issued at 10% of A
Unless Specifically Excluded
Unless Specifically Excluded
Issued at 50% of A
With an option to reduce
Coverage C Limit to 25% of
Coverage A Limit
Issued at 5% of A
(no decrease/increase)
Issued at 10% of A
Issued at 10% of A
(no decrease/increase)
(no decrease/increase)
Issued at $100,000
(Premises liability coverage
options of $50,000, $100,000, or
$300,000)
(no decrease/increase)
No Coverage
No Coverage
Issued at $2,000
Issued at $2,000
(no decrease/increase)
(no decrease/increase)
(Option of $2,000 Limit with
premises liability coverage)
All risks not excluded
16 broad form
named perils
All risks not excluded
16 broad form
named perils
All risks not excluded
16 broad form
named perils
(“all risk” not available)
(“all risk” not available)
(“all risk” not available)
Replacement cost
protection up to 125% of
Coverage A for dwellings
24 years of age and newer
Replacement cost protection up
to 125% of Coverage A for
dwellings 24 years of age and
newer
Replacement cost protection up
to 125% of Coverage A for
dwellings 24 years of age and
newer
(via endorsement US-82-01);
otherwise, 100%
replacement cost applies
(via endorsement US-82-01);
otherwise, 100% replacement cost
applies
(via endorsement US-82-01);
otherwise, 100% replacement cost
applies
Replacement cost;
ACV is not an option
Issued at 25% of A
Replacement cost;
ACV is not an option
Issued at 25% of A
Replacement cost;
ACV is not an option
Issued at 25% of A
(via endorsement HO-04-77)
(via endorsement HO-04-77)
(via endorsement HO-04-77)
Issued at $5,000
(no increases)
Issued at $5,000
(no increases)
Issued at $5,000
(no increases)
(via endorsement US-04-35)
(via endorsement US-04-35)
(via endorsement US-04-35)
Page 10 of 20
Effective January2014
Tenant Only-Occupied
Rental Usage
GeoVera Specialty Insurance Company
Florida Homeowners Manual
14.
SECTION I COVERAGES AND AVAILABLE DECREASES AND INCREASES
A.
COVERAGE A – DWELLING LIMIT
The amount written is shown on the declarations.

Policies with dwellings 24 years of age and newer include replacement cost coverage up
to 125% of the Coverage A amount shown on the declarations; otherwise, 100%
replacement cost applies

Coverage A may be adjusted for inflation at renewal
B.
COVERAGE B – OTHER STRUCTURES LIMIT

Coverage B is issued at 10% of the Coverage A limit unless specifically excluded.

Credit applies when there are no other structures on the premises and endorsement US05-08 (09-07) (No Coverage for Other Structures) is attached.

Credit schedule is as follows:
Distance To Coast

C.
0.0 to 0.50 miles
0.51 miles to 3.0 miles
3.1 miles to 5.0 miles
5.1 miles to 10.00 miles
10.00+ miles
No increases available
Other Than
Tenant Only
Occupied
4.0%
5.0%
5.5%
6.0%
6.5%
Tenant Only
Occupied
3.0%
3.0%
4.0%
4.0%
5.0%
COVERAGE C – PERSONAL PROPERTY LIMIT
1)
For primary usage – owner only occupied:
 Coverage C is issued at 50% of the Coverage A limit
 Coverage C decreasable to 25% of the Coverage A limit
o Credit applies when Coverage C is decreased to 25% of the Coverage A limit.
Credit depends on Distance to Coast.
 Coverage C increasable to 70% of the Coverage A limit
o Surcharge applies when Coverage C is increased to 70%. Surcharge depends on
Distance to Coast.
 Endorsement HO-04-65 is included on all policies for no additional charge. This
endorsement increases the limit on loss by theft of jewelry, watches, and furs to
$2,500.
2)
For seasonal or secondary usage – owner only or owner/tenant occupied:
 Coverage C is issued at 50% of the Coverage A limit
 Coverage C decreasable to 25% of the Coverage A limit.
o Credit applies when Coverage C is decreased to 25% of the Coverage A limit.
Credit depends on Distance to Coast.
 No increases available
 HO-04-65 is included on all policies for no additional charge. This endorsement
increases the limit on loss by theft of jewelry, watches, and furs to $2,500.
3)
For rental usage – tenant only occupied:
 Coverage C is issued at 5% of the Coverage A limit
 No increases or decreases available.
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Effective January2014
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Florida Homeowners Manual
4)
D.
15.
Personal Property Replacement Cost:
 Personal property loss settlement is on a replacement cost basis. Endorsement HO-0490 will be added to every policy for no additional cost.
COVERAGE D – LOSS OF USE
1)
For primary usage – owner only occupied:
 Coverage D is issued at 20% of the Coverage A limit
 No increases or decreases available
2)
For seasonal or secondary usage – owner only or owner/tenant occupied:
 Coverage D is issued at 10% of the Coverage A limit
 No increases or decreases available
3)
For rental usage – tenant only occupied:
 Coverage D is issued at 10% of the Coverage A limit
 No increases or decreases available
SECTION II COVERAGES AND AVAILABLE INCREASES
A.
B.
COVERAGE E – PERSONAL LIABILITY
1)
For primary usage – owner only occupied:
 Coverage E is issued at $300,000
 Coverage E may be decreased to $100,000.
If decreased, an $18 credit will be applied.
 Coverage E may be increased to $500,000 for $100 if required by an umbrella
carrier.
2)
For seasonal or secondary usage – owner only or owner/tenant occupied:
 Coverage E is issued at $100,000
 No increases or decreases available
3)
For rental usage – tenant only occupied:
 Coverage E not included.
 Coverage E (premises liability) may be increased to $50,000, $100,000, or
$300,000. A flat surcharge between $45 - $200 will be applied, depending on
Coverage limit and number of units.
COVERAGE F – MEDICAL PAYMENTS
1)
For primary usage – owner only occupied:
 Coverage F is issued at $2,000. No increases or decreases available.
2)
For seasonal or secondary usage – owner only or owner/tenant occupied:
 Coverage F is issued at $2,000. No increases or decreases available.
3)
For rental usage – tenant only occupied
 Coverage F is issued at $2,000 when Coverage E is included. No increases or
decreases available.
Page 12 of 20
Effective January2014
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Florida Homeowners Manual
C.
16.
17.
EXTENSION OF SECTION II COVERAGES
Available to Owner Only or Owner/Tenant Occupied Dwellings Only:
1)
Section II coverage may be extended to a maximum of four rental units. Specify the
insured locations; use endorsement HO-24-70, and charge $300 per unit.
2)
Section II coverages may be extended to a maximum of two seasonal/secondary
locations owned and occupied by the insured. These locations may not be rented to
others. Specify the insured locations; use endorsement US-24-70, and charge $100 per
residence.
ADDITIONAL COVERAGES
A.
ORDINANCE OR LAW COVERAGE

Endorsement HO-04-77, providing 25% of Coverage A, will be added to all policies
for no additional charge.
B.
EXCLUDING WIND COVERAGE

Windstorm/hail coverage can be excluded via endorsement HO-04-94 for a 25%
credit.
C.
LOSS ASSESSMENT ON CONDOS AND HOMES – INCREASED LIMIT

Policy includes $5,000 of coverage (extended via endorsement US-04-35)

No increases available
SURCHARGES AND CREDITS
Premium credits and surcharges will be computed at various points in the rating calculation.
A.
PRIOR LOSS SURCHARGE
1)
For primary usage (owner only occupied) or seasonal/secondary usage (owner only or
owner/tenant occupied):
 A 15% surcharge applies if there has been 1 paid claim in the past 3 years.
 A 35% surcharge applies if there have been 2 paid claims in the past 3 years.
 Include losses at previous residences, and losses at the insured residence whether
or not the insured was a resident at the time of loss.
 Maximum of 2 paid claims in the last 3 years if the total of both claims does not
exceed $20,000.
 Prior losses not surcharged (do not include on application loss history):
o Medical Payments or Liability claims for prior owners
o Claims $250 or under (any loss cause) for prior owners
o “Mysterious disappearance” claims on scheduled articles
o Watercraft or boat claims
o Catastrophe claims
2)
For rental usage (tenant only occupied):
 A 20% surcharge applies if there has been 1 paid claim in the past 3 years.
 A 50% surcharge applies if there have been 2 paid claims in the past 3 years.
 Include losses at previous residences, and losses at the insured residence whether
or not the insured was a resident at the time of loss.
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Effective January2014
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Florida Homeowners Manual




B.
Maximum of 2 paid claims in the last 3 years if the total of both claims does not
exceed $20,000.
Maximum of 1 water or 1 theft loss in the last 3 years.
No liability or vandalism claims in the last 3 years.
Prior losses not surcharged (do not include on application loss history):
o Medical Payments or Liability claims for prior owners
o Claims $250 or under (any loss cause) for prior owners
o “Mysterious disappearance” claims on scheduled articles
o Watercraft or boat claims
o Catastrophe claims
ROOF AGE CREDIT/SURCHARGE
1)
For primary usage – owner only occupied or seasonal/secondary usage; or owner only
or owner/tenant occupied:
 If roof is concrete shingle or concrete tile, then a 10.0% credit applies regardless
of age.
Roof Age
0 – 5 years
6 – 10 years
11 – 15 years
16 – 20 years
21 - 35 years
36+ years
2)
Credit/Surcharge
-10.0%
-7.5%
0.0%
1.5%
3.0%
5.0%
For rental usage – tenant only occupied:
 If roof is concrete shingle or concrete tile, then a 9.0% credit applies regardless of
age.
Roof Age
0 – 5 years
6 – 10 years
11 – 13 years
14 – 16 years
17 - 18 years
19 - 21 years
22 - 23 years
24 - 25 years
26 years
27 - 28 years
29 - 30 years
31+ years
Credit/Surcharge
-9.0%
-4.0%
-1.0%
1.0%
2.0%
4.0%
5.0%
6.0%
8.0%
9.0%
10.0%
12.0%
Page 14 of 20
Effective January2014
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Florida Homeowners Manual
C.
D.
SECURITY DISCOUNTS
1)
For primary usage – owner only occupied:
 If the risk location has an in-home security package (deadbolts, smoke/fire
detector, and fire extinguisher) then a 3% discount applies.
 If the risk location has a central station alarm then a 4% discount applies.
2)
For seasonal or secondary usage – owner only or owner/tenant occupied:
 If the risk location has an in-home security package (deadbolts, smoke/fire
detector, and fire extinguisher) then a 3% discount applies.
 If the risk location has a central station alarm then a 4% discount applies.
3)
For rental usage – tenant only occupied:
 If the risk location has an in-home security package (deadbolts, smoke/fire
detector, and fire extinguisher) then a 2% or 3% discount applies (depending on
distance to coast).
 If the risk location has a central station alarm then a 1% - 3% discount applies
(depending on distance to coast).
 If the risk location has automatic fire sprinklers in all areas then a 2% - 4%
discount applies (depending on distance to coast).
 If the risk location has automatic fire sprinklers in all areas except attics,
bathrooms, closets, and attached structures, then a 1% - 3% discount applies
(depending on distance to coast).
AGE OF STRUCTURE CREDIT/SURCHARGE


Credits and surcharges apply based on the property’s year built, roof shape, gable
bracing, and distance to coast.
Credit/surcharge ranges are as follows:
Year Built
2007 & Later
2002 - 2006
1996 - 2001
1993 – 1995
1986 - 1992
1976 - 1985
1967 - 1975
1957 - 1966
1949 - 1956
1948 & Earlier
Credit/Surcharge
-34.5% to -17.0%
-33.5% to -15.0%
-23.0% to 0.0%
-13.0% to 7.5%
-7.0% to 17.0%
-0.5% to 22.5%
6.5% to 31.0%
7.5% to 35.0%
11.0% to 38.1%
13.5% to 39.5%
Page 15 of 20
Effective January2014
GeoVera Specialty Insurance Company
Florida Homeowners Manual
E.
STORM SHUTTER CREDIT

Credit applies to policies located within 3 miles of water which are written
with wind as follows:
Protection Type
Hurricane
Basic
Impact Resistant Glass
Not Rated
Wood Panels
F.
HURRICANE STRAP CREDIT

G.
A 5% credit applies to risks with hurricane straps which are located within 3
miles of water and written with wind.
SEASONAL OR SECONDARY SURCHARGE

18.
Credit
10.0%
5.0%
4.0%
2.0%
2.0%
A 5% surcharge applies to locations used as a seasonal or secondary residence.
ADDITIONAL INSUREDS AND INTERESTS

Persons or organizations having an insurable interest in the residence premises may be added
to the policy for Section I protection on Coverages A and B, and for Section II protection on a
“premises only” basis. Attach endorsement HO-04-41 (Additional Insured) and specify the
name and address of the party.

Persons or organizations—in addition to a mortgagee—having an interest in the residence
premises will be notified of cancellation or non-renewal of the policy. Attach endorsement
HO-04-10 (Additional Interests) and specify name and address of the party.
Page 16 of 20
Effective January2014
GeoVera Specialty Insurance Company
Florida Homeowners Manual
19.
DEDUCTIBLES
SECTION I (ALL OTHER PERILS) DEDUCTIBLE
A. For primary usage – owner only occupied or seasonal/secondary usage – owner only or
owner/tenant occupied:
1) The Section I deductible with Coverage A limit of $100,000 or less is $500.
 Credit is available for a higher deductible dependent on distance to coast as follows:
AOP
Deductible
$1,000
Distance to Coast
0.00 to 1.00
1.01 to 5.00
miles
miles
-1%
-2%
> 5.00
miles
-3%
2) The Section I deductible with Coverage A limit of $101,000 and over is $1,000.
 Credit is available for a higher deductibles dependent on distance to coast as follows:
AOP
Deductible
$2,500
$5,000
0.00 to 1.00
miles
-2%
-4%
Distance to Coast
1.01 to 3.00
3.01 to 5.00
miles
miles
-3%
-4%
-6%
-8%
> 5.00
miles
-5%
-10%
B. For rental usage – tenant only occupied:
1) The Section I deductible is $1,000.
 Credit is available for a higher deductibles dependent on distance to coast as follows:
AOP
Deductible
$2,500
$5,000
0.00 to 1.00
miles
-2%
-4%
Distance to Coast
1.01 to 3.00
3.01 to 5.00
miles
miles
-3%
-4%
-6%
-8%
Page 17 of 20
Effective January2014
5.01 to 10.00
miles
-5%
-10%
> 10.00
miles
-6%
-11%
GeoVera Specialty Insurance Company
Florida Homeowners Manual
WINDSTORM/HAIL DEDUCTIBLE
1)
2)
3)
4)
5)
6)
7)
8)
9)
10)
11)
12)
13)
The windstorm/hail deductible in every county: $1,000 minimum
The windstorm/hail deductible is 10% in the following county: Monroe
The windstorm/hail deductible is 5% in the following counties: Hernando, Palm Beach,
Pasco, Pinellas
The windstorm/hail deductible is 3% in the following counties: Citrus, Dixie, Franklin,
Glades, Okeechobee, Taylor, Wakulla
The windstorm/hail deductible is 2% in the following counties: Alachua, Baker, Bradford,
Calhoun, Clay, Columbia, Gadsden, Gilchrist, Hamilton, Holmes, Jackson, Lafayette, Lake,
Leon, Liberty, Madison, Marion, Putnam, Seminole, Sumter, Suwannee, Union
The windstorm/hail deductible is 3% if > 3 miles to shore, or 5% if <=3 miles to shore in
the following counties: Broward, Dade
The windstorm/hail deductible is 3% if > 10 miles to shore, or 5% if <=10 miles to shore in
the following counties: Hillsborough, Manatee, Sarasota
The windstorm/hail deductible is 2% if > 10 miles to shore, or 3% if <=10 miles to shore in
the following counties: Jefferson, Levy
The windstorm/hail deductible is 3% if > 5 miles to shore, or 5% if <=5 miles to shore in
the following counties: Charlotte, Collier, DeSoto, Hardee, Hendry, Highlands, Lee, Polk
The windstorm/hail deductible is 2% if > 5 miles to shore, or 3% if <=5 miles to shore in
the following counties: Duval, Flagler, Nassau, Orange, Osceola, St. Johns, Volusia,
Washington
The windstorm/hail deductible is 5% if <=5 miles to shore and built prior to 2002, otherwise
3% in the following counties: Brevard, Indian River, Martin, St. Lucie
The windstorm/hail deductible is 5% if <=0.5 miles to shore and built prior to 2002,
otherwise 3% in the following counties: Bay, Gulf
The windstorm/hail deductible is 5% if <=0.5 miles to shore and built prior to 2002, or 3%
if <=0.5 miles to shore and built 2002 and later, or 3% if > 0.5 and <=10 miles to shore, or
2% if > 10 miles to shore in the following counties: Escambia, Okaloosa, Santa Rosa,
Walton
Page 18 of 20
Effective January2014
GeoVera Specialty Insurance Company
Florida Homeowners Manual
FORMS LISTING PAGE
MANDATORY ENDORSEMENTS:
Number
HO-00-03 (10-00)
CLIL (01-12)
HO-04-65 (10-00)
HO-04-77 (10-00)
Name
Special Form
Signatures of GeoVera Specialty Officers
Increased Limit on Jewelry, Watches, and Furs
Ordinance or Law Increase
HO-04-90 (10-00)
HO-04-96 (10-00)
HO-23-70 (07-01)
USPRIV (09-07)
US-01-09 (08-11)
US-01-10 (08-11)
Personal Property Replacement Cost
Limited Home Day Care Coverage
Windstorm Exterior Paint or Waterproofing
GeoVera Specialty Privacy Policy
GeoVera Specialty Special Provisions
GeoVera Specialty Insurance Company Special
Provisions – Specific Florida Locations
US-03-55 (07-13)
Description
Policy Form for Owners
Amendatory Endorsement
Amendatory Endorsement (not with non-owner
occupied dwellings)
Amendatory Endorsement
Amendatory Endorsement
Amendatory Endorsement
Amendatory Endorsement
Amendatory Endorsement for all Property
Locations in Florida
Limited Smog, Rust, Mold, Rot, or Bacteria
Coverage and Limited Seepage or Leakage
Coverage
Nuclear Hazard and Biochemical Release
from Terrorism Exclusion
Loss Assessment Coverage
Master Endorsement
Amendatory Endorsement
Inflation Guard Coverage
Limited Swimming Pool Enclosure and Patio
Enclosure Coverage
Master Endorsement – Seasonal/Secondary
Usage
Amendatory Endorsement
Amendatory Endorsement
Clarifying Endorsement
Amendatory Endorsement
Amendatory Endorsement for Rental Usage
US-05-15 (06-09)
US-05-25 (04-12)
US-82-01 (09-07)
Policy Fee Disclosure
No Coverage For Other Structures
Master Endorsement –
Non-Owner Occupied Dwelling
Hard Floor Covering Limitation
Multi-Layer Roof Limitation
Replacement Cost Protection Up To 125%
US-09-32 (04-13)
US-09-34 (07-13)
US-09-35 (11-13)
Important Notice – New policy Terms
Important Notice – New Policy Terms
Important Notice – New Policy Terms
US-03-80 (09-07)
US-04-35 (09-07)
US-04-42 (02-13)
US-04-91 (09-07)
US-05-02 (09-07)
US-05-04 (02-13)
US-05-05 (09-07)
US-05-08 (09-07)
US-05-10 (02-13)
Page 19 of 20
Effective January2014
Amendatory Endorsement
Amendatory Endorsement
Amendatory Endorsement for Primary Usage
Amendatory Endorsement for
Seasonal/Secondary Usage
Amendatory Endorsement
Amendatory Endorsement
Amendatory Endorsement for dwellings 24 years
of age and newer
Clarifying Endorsement
Clarifying Endorsement
Clarifying Endorsement for dwellings 25 years of
age and older
GeoVera Specialty Insurance Company
Florida Homeowners Manual
FORMS LISTING PAGE
OPTIONAL ENDORSEMENTS:
Number
HO-04-10 (10-00)
Name
Additional Interest
HO-04-41 (10-00)
HO-04-94 (09-01)
HO-24-70 (10-00)
US-24-70 (09-07)
Additional Insured
Windstorm or Hail Exclusion
Additional Residence Rented to Others
Additional Residence Occupied by Insured
Page 20 of 20
Effective January2014
Description
Acknowledges others’ interests in the
premises
Extends some coverages to others
Amendatory Endorsement
Extends liability to 1-4 rentals
Extends liability to insured’s
seasonal/secondary