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Underwriting Bulletin 58 July 1, 2007
EXPANDED BINDING AUTHORITY FOR ALL AGENTS!
Universal is committed to supporting our agencies with expanded binding authority. We are pleased to announce that based on Agency feedback, our new maximum binding authority for Coverage A for homes 0 to 5 years old is $ 1 Million dollars. (the previous maximum was $750,000.)
We have updated our Homeowner Quick Reference Guide with this information.
As always, we thank you for your continued support of Universal and appreciate your business. Please contact your area representative if you have any questions.
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