Builders and Homeowners
EMB White Paper
BRINGING THE DEFINITION OF NON-COMBUSTIBLE SUPERIOR CONSTRUCTION INTO THE 21st CENTURY a disscussion of the need for Property & Casualty Insurance Industry to review their definitions of superior construction dwellings and buildings in view of the 21st century technology and innovations.
EMB WHITE PAPER
NO-BURN SE, Inc. is pleased to announce the introduction of a Discounted Builders Risk Insurance Policy. Premium savings are now available, on a nationwide basis, to contractors that protect their buildings with NO-BURN® during the course of construction. The NO-BURN® builder's risk insurance program is applicable to single and multi family residential projects as well as stick frame commercial construction. The Builders Risk policy is underwritten by major insurers that carry an "A" Rating from A.M. Best, Fitch and Standard and Poor's.
Mortgage Interest Rate Discounts
In addition to being a good investment in its own right, the NO-BURN® family of products offers a direct financial benefit in the form of insurance and mortgage rate incentives.
Many mortgage companies are offering a discount rate typically in the 0.25 percent range just for using NO-BURN®. On a home with a mortgage of $500,000 the direct immediate savings vs. paying discount points to reduce the rate by 0.25 percent is over $5,600.00 assuming a 1.125% discount point rate paid. In addition over $25,000 over the life of the loan can be saved assuming reducing the rate from 6.50% to 6.25%.
Homeowners' Insurance Rate Discounts
Homeowners' insurance policies are often discounted as much as 15% by participating insurance companies, saving hundreds of dollars over the course of a few years. If for example, the normal annual premium is $400.00 for insurance, the homeowner saves $60 per year in annual costs, more than $500.00 over a 10-year period.
No Burn Inc. and Phoenix Mortgage Group can now offer reduced mortgage rates doc
Countrywide Mortgage Incentive Program
The Westfield Insurance is pleased to announce Home Owners Insurance Discounts doc
The Motorists Insurance Group is pleased to announce Home Owners Insurance Discounts doc
United Fire Group is pleased to announce Home Owners Insurance Discounts doc
Barkley Insurance Group, inc is pleased to announce Home Owners Insurance Discounts doc
