Please note the following exclusions for coverage under the F.A.I.R. Plan.
You must also include:
There are some errors in your form... Look for the RED fields
List all losses in the past 3 (three) years.
Protection classes are determined by the distance from the property to a fire hydrant or fire station. In some circumstances NMPIP’s guidelines will supersede ISO guidelines.
PC 1 - 8
Indicates a hydrant has been located within 1,000 feet
PC 8B, 9 and ending with an X
Indicates a hydrant has NOT been located within 1,000 feet
PC 10 and ending with a Y
Indicates there is not a fire station within 5 miles
A minimum of 80% coinsurance of ACV is required an ALL buildings.
NMPIP guidelines state that unless a home is built from the ground up on the site being insured it will be considered a mobile or modular home.
NMPIP guidelines will only accept brand new construction as a builder’s risk. Construction that has already started is not eligible for this discount.
NOTE: NMPIP does not insure vacant properties!
All payments must be made to NMPIP in the form of money order or check (personal, company, agency or cashier’s).
No other payments options are available. We do not accept payment via credit cards, electronic payment via phone nor do we auto-debit accounts.
Payments are due on the day of the month the policy became effective. For example: if a policy became effective June 12 quarterly payments would be due on the 12th of the month in June, September, December and March. Insureds do not have the option of choosing their own due date.
Note: the quarterly and semi-annual payments option is available for insured pay only. Mortgagees, escrow and title companies may only be set up for annual payments.
Contract of Sale (COS)
Additional Insured (AI)
Second Additional Insured(AI)
NMPIP offers the option of entering specific amounts of coverage for the dwelling, contents and additional structures.
We do not automatically calculate other coverages based on a percentage of the dwelling amount.
If yes, please provide expiring/cancellation date and reason.
If yes, please explain.
If yes, how long and why?
If yes, please explain
If yes, what is the total acreage?