How much lead-time is necessary in order to obtain insurance coverage, and what costs are entailed in “hurry up” insurance binders or certificate requests?
Renewal applications should be completed and returned to our office 30 days prior to your policy’s expiration. This will give both you and PMT enough time to fix any errors that may occur (i.e.: applications not filled out correctly, not signed, or if we need additional information). PMT does not charge for a “hurry up” binder or certificate. Bind orders and certificate requests are dealt with in order of priority, therefore a special charge is not warranted. If a certificate request does not need special wording, and does not require adding an additional insured, additional charges will not apply (unless it is a newly disclosed event). Although, if a certificate needs to be issued for a facility that was not originally named on the application a $20 charge will apply. We do ask that if a facility is requesting a special form or wording (many Municipalities require this) please give us a day or two notice.
