Affluent Homeowners Access with PIIAC
As a member of PIIAC, you will have access to homeowner policies with Chubb Masterpiece® & AIG coverage.
Chubb Masterpiece® Benefits
Coverage is available for stand-alone lines or package coverage as determined by underwriting and company requirements. Each homeowner risk receives a complimentary, in-depth appraisal to verify your insureds are properly covered. All policies are direct bill to the insured. The minimum deductible is $1000 and risks with prior losses will be considered based upon the merits of the account.
Replacement cost on contents & extended replacement on home
Total loss settlement option
Lock replacement coverage
Water/Sewer back up coverage
Credit Card/Bank coverage up to $10,000
Business property coverage on premises up to $10,000
Unlimited ordinance and law coverage
Unscheduled jewelry coverage up to $5000, silver coverage up to $7500
Identity fraud included
AIG Homeowners Coverage
Coverage is available for $1M or more.
Primary Condos, Co-ops, and Tenants will require a minimum Coverage C of $500,000. With a policy, insureds will get guaranteed replacement cost, replacement cost cash out with business property coverage up to $25,000 and deductible options up to $100,000. Clients will also have coverage of sewers and drains, lock replacement and even food spoilage. There are many more coverage options available for insureds.
Primary flood
Equipment breakdown
Identity fraud restoration expenses, ATM robbery, and financial fraud, embezzlement or forgery
Traumatic threat or event recovery
Green rebuilding expenses
Waiver of deductible on losses over $50,000
Loss prevention devices following a claim – up to $2,500 available
How do I get access?
To get started with these affluent homeowners products, start quoting through Big “I” Markets. See resources on how to register and quote with Big “I” Markets below.
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I interviewed and joined the PIIAC board a little over seven years ago. I never expected to give this much of my time, but I must admit that I have gained more than I’ve given. My 36 years in the insurance industry include over 26 years working at a regional captive insurer. 2012 was the year I decided to join the ranks of independent agents. Prior to becoming an independent agent, I had met Barbara Fidler who was the CEO of PIIAC for many years. Joining PIIAC was an easy decision and pathway to meeting people in the independent channel.
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