Foremost Permits Unoccupancy for Those Deployed for War
NU Online News Service, April 7, 4:30 p.m.EST?A homeowners insurer is relaxing its non-occupancypricing and claim payment rules to benefit people being deployedfor war.
Grand Rapids, Mich.-based Foremost Insurance Group, which writesmobile home and non-standard homeowners coverage, will continue toinsure homes that are unoccupied because of military service, withno rate increases or claim penalties. Normally, the insurer wouldraise the premium on such policies to account for the higher risksof unoccupancy, and limit claim payments for losses occurringduring the period of unoccupancy.
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