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Updated Version of Marshall & Swift/Boeckh's Residential Component Technology (RCT) valuation tool for Geovera and Pacific Select Insurance Company
Residential Earthquake Program
Maintaining accurate replacement costs is critical to ensure that your clients have enough coverage to rebuild in the event of a loss. To help achieve this, GeoVera periodically updates the version of Marshall & Swift/Boeckh's Residential Component Technology (RCT) valuation tool. Implementing the most recent version of RCT will result in an average increase in replacement values of 8% in California (for both GeoVera and Pacific Select Property), 3% in Oregon and 3% in Washington. Please note this is only an average as some values will increase more and some less. This is not a rate change but only an update to the MSB RCT tool and has been implemented for new business effective April 29, 2013 and renewals with effective dates of June 28, 2013 and later.
A Top Ten List of Reasons to Transfer CEA policies to EQ Insurance Services with June McCue, Residential EQ Specialist. See the video below!
Click here to see the CEA Disclosure Form
Producer Forms have been updated to the latest markets! Please head to the Producer Forms section of the website for your downloadable forms.
Index Map of Recent Earthquakes in California-Nevada (this will open the USGS.GOV recent earthquake website)
U.S. Bureau of Labor Statistics Reports