Counting down to 2019

In just four short days it will be the new year, and with it comes a new policy period for Terrafirma insurance. Through February 1, 2019, you can log on and update your application for the 2019 policy period that begins on March 1, 2019. Land trusts in the accreditation pipeline who are waiting for their decision in February will receive an extension.

Before you update, we recommend that you take a few minutes to review the counting rules for your properties, including:

  • Separate easements held by the same land trust can be counted as just one property for Terrafirma as long as they have the same owner, same restrictions and permitted uses, and are contiguous.
  • Different parcels under the same easement can count as one property, even if it’s not contiguous, as long as they have the same landowner and the same land trust.
  • If you want to insure property within a certain category of property right (conservation easement, trail easement, fee land, etc.), you must list every parcel within that category.

See last month’s Terrabite here (set link https://terrafirma.org/blog) for more counting tips.

Have questions? Please let us know. You can email us directly or call 202-800-2219 for Lorri, 802-262-6051 for Leslie, or 202-800-2248 for myself.

 

Thanks,

Hannah

 

Hannah Flake

Conservation Defense Coordinator

ALLIANCE RISK MANAGEMENT SERVICES LLC

(202) 800-2248 | help@terrafirma.org

 
 
January 03, 2019 | Tags:

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