Continuing to demonstrate insurance industry leadership and compassion for their Vermont member policy holders, in addition to offering payment leniency during this period, Co-operative puts in writing their additional policies with respect to Irene: • Policyholders currently receiving a Loss-Free Credit will not lose their credit as a result of payment for any loss related to this event. • We have suspended policy vacancy provisions for policyholders who are temporarily displaced as a result of this event. • We will not re-rate, cancel, non-renew, or refuse to provide insurance solely due to an individual’s status as an evacuee or person otherwise affected by this event. • We will refrain from changing policyholders’ rating classifications or increasing their rates solely because they are an evacuee or person otherwise affected by this event. |
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