Kingstone Insurance Company
ProducerGram

April 4, 2014
Kingstone Insurance Company 
Personal Lines Coastal Eligibility Expanded
Coastal Definition Modified 

To Our Select Producers,

Kingstone is pleased to announce that effective April 7, 2014, we are lifting our restriction on Personal Lines coastal risks that are within 500 feet of the coast on the South Shore of Nassau County and in most of Suffolk County. This means that you will now be able to quote and submit/bind risks within 500 feet of the coast in all of these areas. The elimination of the 0-500 foot restriction applies  on the South Shore of Nassau County and the South Shore of Suffolk west to Bridgehampton. An Aon Benfield report will be required for risks from Mastic Beach to Bridgehampton that are within 500 feet of the coast.  

 

Kingstone is changing its definition of coast in Nassau and Suffolk county.  This change will extend the coastal surcharge to areas that were not included in our original coastal definition.   Changes to the coastal definition will be effective April 7, 2014 for new business and will be applied to existing policies at their next renewal beginning July 2014.

 

We believe that these changes will allow us to write more personal lines coastal business at adequate rate levels and provide you with an additional market in these under-served areas.

  

As always, thank you for being one of our Select Producers. 

Sincerely,

Dottie Barkman

Personal Lines Underwriting Manager 

We at Kingstone Insurance Company appreciate your support and value our relationship with you.  We write all of our business through our Select Producers and offer no products directly.

 

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