Same policy, extra coverage: additional insured explained and why you may need it An additional insured endorsement is important when it comes to protecting yourself from third- party risks. The purpose of adding an additional insured endorsement to your policy is to extend coverage to another individual or entity who is not a named insured but has an insurable interest in the property. Germania’s new additional insured endorsement for property policies can be used to name an additional insured with respect to primary dwellings and other structures, as well as scheduled and unscheduled personal property and outbuildings. Who would benefit from this coverage? We provided four scenarios in which an additional insured endorsement for property can be useful. 1. An individual or organization who is not the named insured but has an insurable interest in the property. 2. A co-owner – but not a resident – of a property. 3. An owner – but not a resident – on a lease purchase. 4. A person who inhabits a structure where there is a life estate arrangement or trust. The life estate’s interest in the property is protected by the additional insured endorsement. Reach out to your agent to ask about how this endorsement may benefit you when your policy renews in 2020.
for customers on the go Accomplish tasks anytime, anywhere with Germania’s expanded mobile services. Policyholders can make a payment, file a claim, and even view and print auto ID cards all from their mobile devices. View Documents Hard paper copies can get lost in the shuffle – or the mail – these days. You need a quick, easy alternative to accessing your insurance documents to reference at all times. Germania’s online documents include invoices, payment schedules and receipts, letters and notices, as well as policy declaration and amended declaration pages. These documents can be found under the Documents button in your GermaniaConnect account, and online copies are made available to both you and your agent. Manage Payments Pay your current balance on your policy through the Make Payment button or select Manage AutoPay to set up recurring premium payments using a bank account or credit or debit card. You can now set up or change AutoPay options on multiple policies at the same time! File a Claim There’s no need to delay reporting a claim in fear you won’t have time for a hassle. In fact, waiting to file a claim could result in the loss of critical information and details. You can initiate the claims process and keep tabs on your claim’s status all at your fingertips. Need help using your GermaniaConnect account? Contact your agent or Germania Support at 800-392-2202 and select the option for Technology Support.
10 | Germania Today
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