For the third year in a row, we are conducting a project focusing on insurance-to-value. This year we are engaging with 360Value to help ensure our policies are written at limits in keeping with inflation. Our focus is on the Preferred and Masterguard tiers of our Farmowners book, Dwelling Fire policies on a FL-3 policy form, and Bed & Breakfast policies.

For any policy found to be 5.5-15% under-insured, we will automatically increase those policies to their 360Value replacement estimates as they renew starting with August 1, 2025 renewals.

For policies found to be 16-50% underinsured, we feel a review needs to occur before any change is made. Therefore, we are offering your agency the opportunity to attain a listing of such policies. If you would like this list, please email Jenna Livesay at jenna.livesay@loudounmutual.com

Please remember, the 360Value replacement estimates are based on public data. Though we are confident that most estimates are accurate, we also encourage agents to do their own due diligence when working with policyholders to find the right coverage limits.

If you have questions, please contact Jenna Livesay.