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FRAUD STATEMENTS
Arizona Notice: Misrepresentations, omissions, concealment of facts and incorrect statements shall prevent recovery under the policy
only if the misrepresentations, omissions, concealment of facts or incorrect statements are; fraudulent or material either to the acceptance
of the risk, or to the hazard assumed by the insurer or the insurer in good faith would either not have issued the policy, or would not have
issued a policy in as large an amount, or would not have provided coverage with respect to the hazard resulting in the loss, if the true facts
had been made known to the insurer as required either by the application for the policy or otherwise.
Colorado Fraud Statement: It is unlawful to knowingly provide false, incomplete, or misleading facts or information to an insurance
company for the purpose of defrauding or attempting to defraud the company. Penalties may include imprisonment, fines, denial of
insurance and civil damages. Any insurance company or agent of an insurance company who knowingly provides false, incomplete, or
misleading facts or information to a policyholder or claimant for the purpose of defrauding or attempting to defraud the policyholder or
claimant with regard to a settlement or award payable from insurance proceeds shall be reported to the Colorado division of insurance
within the department of regulatory agencies.
District of Columbia Fraud Statement: WARNING: It is a crime to provide false or misleading information to an insurer for the purpose
of defrauding the insurer or any other person. Penalties include imprisonment and/or fines. In addition, an insurer may deny insurance
benefits if false information materially related to a claim was provided by the applicant.
Florida Fraud Statement: Any person who knowingly and with intent to injure, defraud, or deceive any insurer files a statement of claim or
an application containing any false, incomplete, or misleading information is guilty of a felony of the third degree.
Florida Notice: (Applies only if policy is non-admitted) You are agreeing to place coverage in the surplus lines market. Superior
coverage may be available in the admitted market and at a lesser cost. Persons insured by surplus lines carriers are not protected under
the Florida Insurance Guaranty Act with respect to any right of recovery for the obligation of an insolvent unlicensed insurer.
Florida Fraud Statement: You are agreeing to place coverage in the surplus lines market. Superior coverage may be available in the
admitted market and at a lesser cost. Persons insured by surplus lines carriers are not protected under the Florida Insurance Guaranty Act
with respect to any right of recovery for the obligation of an insolvent unlicensed insurer.
Florida and Illinois Notice: I understand that there is no coverage for punitive damages assessed directly against an insured under
Florida and Illinois law. However, I also understand that punitive damages that are not assessed directly against an insured, also known
as “vicariously assessed punitive damages”, are insurable under Florida and Illinois law. Therefore, if any Policy is issued to the Applicant
as a result of this Application and such Policy provides coverage for punitive damages, I understand and acknowledge that the coverage
for Claims brought in the State of Florida and Illinois is limited to “vicariously assessed punitive damages” and that there is no coverage for
directly assessed punitive damages.
Kansas Fraud Statement: Any person who, knowingly and with intent to defraud, presents, causes to be presented or prepares with
knowledge or belief that it will be presented to or by an insurer, purported insurer, broker or any agent thereof, any written statement as
part of, or in support of, an application for the issuance of, or the rating of an insurance policy for personal or commercial insurance, or
a claim for payment or other benefit pursuant to an insurance policy for commercial or personal insurance which such person knows to
contain materially false information concerning any fact material thereto; or conceals, for the purpose of misleading, information concerning
any fact material thereto may be guilty of a crime and may be subject to fines and confinement in prison.
Kentucky Fraud Statement: Any person who knowingly and with intent to defraud any insurance company or other person files an
application for insurance containing any materially false information or conceals, for the purpose of misleading, information concerning any
fact material thereto commits a fraudulent insurance act, which is a crime.
Maine and Washington Fraud Statement: It is a crime to knowingly provide false, incomplete or misleading information to an insurance
company for the purpose of defrauding the company. Penalties may include imprisonment, fines or a denial of insurance benefits.
Maryland: Any person who knowingly or willfully presents a false or fraudulent claim for payment of a loss or benefit or who knowingly
or willfully presents false information in an application for insurance is guilty of a crime and may be subject to fines and confinement in
prison.Minnesota Notice: Authorization or agreement to bind the insurance may be withdrawn or modified only based on changes to
the information contained in this application prior to the effective date of the insurance applied for that may render inaccurate, untrue or
incomplete any statement made with a minimum of 10 days notice given to the insured prior to the effective date of cancellation when the
contract has been in effect for less than 90 days or is being canceled for nonpayment of premium.
New Jersey Fraud Statement: Any person who includes any false or misleading information on an application for an insurance policy is
subject to criminal and civil penalties.
New York Disclosure Notice: This policy is written on a claims made basis and shall provide no coverage for claims arising out of
incidents, occurrences or alleged Wrongful Acts or Wrongful Employment Acts that took place prior to retroactive date, if any, stated on
the declarations. This policy shall cover only those claims made against an insured while the policy remains in effect for incidents reported
during the Policy Period or any subsequent renewal of this Policy or any extended reporting period and all coverage under the policy
ceases upon termination of the policy except for the automatic extended reporting period coverage unless the insured purchases additional
extend reporting period coverage. The policy includes an automatic 60 day extended claims reporting period following the termination of
this policy. The Insured may purchase for an additional premium an additional extended reporting period of 12 months, 24 months or 36
months following the termination of this policy. Potential coverage gaps may arise upon the expiration for this extended reporting period.
During the first several years of a claims-made relationship, claims-made rates are comparatively lower than occurrence rates. The insured
can expect substantial annual premium increases independent overall rate increases until the claims-made relationship has matured.
Excess Auto 10/13