SORM Property Conference Protecting the State of Texas

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Transcript SORM Property Conference Protecting the State of Texas

How to Obtain a Quote?

Property Conference

Protecting the State of Texas

SORM’s Website Application Contents Only Schedule Property Insurance Schedule

www.sorm.state.tx.us

Application

• • • • • Contact Information General Information Questionnaire Loss History (Last 5 Years) Prior Insurance Carrier Information (3 Years) Description of Agency’s Operation

Contents Only Schedule Agency Name and Number Contact's Name Contact's Phone Contact's Email Date last Updated:

Description of the Item Number of Items Serial Numbers Today's Cost to replace it - New (1 item) Today's Cost to replace it - New (all items) Date New Item added Date Old Item Deleted

Total Contents Value

Property Insurance Schedule Example of SORM:

Agency Name – State Office of Risk Management Sub Agency Name - SORM SORM Agency # - 479 Location # - 1

Arthur J Gallagher Building # - N/A

Agency Building # - 1 Description – William P. Clements Street Address – 300 W 15 th St., 6 th Floor

Property Insurance Schedule

Where do I find my

Latitude and Longitude

?

-www.geocoder.us

What is

Time Element Value

?

What if my building value is not

accurate

?

Tier 1, 2, and 3 Counties

Property Insurance Schedule

Where do I find this information?

Flood Zone Certificate

New Requirement on SOV Base Flood Elevation & First Floor Elevation RMS Estimated Flood Zone Elevation Reference

Property Insurance Schedule

If you are in a Tier 1, 2, or 3 County…

BE AWARE!

Secondary Characteristics

• • • • • • • • • Construction Quality Roof Covering Year of Roof Installed Age of Roof Roof Geometry Roof Anchor Roof Equipment Hurricane Bracing Basement Appurtenant Structures • • • • • • • Cladding Type Roof Sheathing Attachment Frame-Foundation Connection Ground Level Equipment Opening Protection Flashing and Coping Quality Content Grade

Sally Balderas, Insurance Manager

Email: [email protected]

Phone: (512) 936-1483

State Office of Risk Management

300 W. 15 th Street, 6 th Floor Austin, Texas 78701