PL - IA 01/01/2013 Rates and Manuals - Western National Insurance ...

Western National Mutual Insurance CompanyIOWA HOMEOWNER RULES3.5.3 LandlordsA policy can be endorsed at no additional premium charge to provide coverage for alandlord for liability arising out of the insured premises. Coverage applies only while theinsured leases or occupies the premises.Attach Endorsement ML-416 and make entries to show the location of the premises andthe names of the additional insureds.3.5.4 Interest In Coverages A, B, C, L, and MA policy can be endorsed at no additional premium charge to cover the insurableinterests of others in property covered under Coverages A, B, and C and their liabilityarising out of all premises insured under Coverages L and M.Attach Endorsement ML 0672 and make entries to show the names of the additionalinsureds and the extent of their interests.3.6 Transfer Or AssignmentAt the option of the company, a policy can be endorsed to effect:• Transfer to another location within the same state; or• Assignment from one insured to another in the event of transfer of title of the dwelling.Refer to Company for additional guidelines.3.7 Restriction Of CoverageIf a policy would not be issued because of unusual exposures, the applicant may request arestriction of coverage at no reduction of premium. The request, signed by the applicant, mustbe referred to the Company.3.8 Cancellation Or Changes In Limits Or CoveragesPolicies must be canceled in accordance with the terms of all applicable cancellation provisions.Mandatory coverages may not be canceled unless the entire policy is canceled.If a policy is canceled or the limits are reduced, the amount of any return premium due iscalculated on a pro rata basis, subject to any minimum premium requirement.7-1-2010 IA - Rules - 8 General RulesIncludes copyrighted material with permission of American Association of Insurance Services