RealCare customers that have a Navigators Insurance Company Real Estate E&O policy and have their sellers use Glide’s software to complete disclosures are eligible for a 50 percent reduction in their deductible (up to a maximum of $5,000). The reduction is available for claims arising solely out of actual or alleged undisclosed defects in the residential real property that are brought against an insured agent who represented the seller of the property.
FREQUENTLY ASKED QUESTIONS:
1: How do I know if I'm eligible?
The benefit is available to California agents with a Navigators Insurance Company Real Estate E&O policy that includes the “Seller Disclosure Software Endorsement”.
2: What is the maximum deductible reduction I’m eligible for?
50%, up to a maximum of $5000.
3: Do I have to use Glide for all of my transactions to qualify?
Glide must be used to prepare a seller disclosure form (e.g. the Real Estate Transfer Disclosure statement), which should be fully executed as part of the transaction referenced in the claim.
4: How do I claim my benefit?
Email Glide Support for an Audit Trail Certificate to provide to your Navigators claims handler. Navigators must receive the certificate within 60 days of filing the claim.
5: Is there any cost to using Glide?
Glide is available free of charge to the majority of California REALTORS®. Visit www.glide.com for more information.
6: What is the effective date of this program?
The program is effective beginning May 1, 2019
7: How can I become eligible for this benefit if I’m not currently a RealCare customer?
Not a RealCare customer? Apply online or give them a call at 800-939-8088.
Additional questions? Email us anytime at firstname.lastname@example.org.
Underwritten by Navigators Insurance Company or Navigators Specialty Insurance Company; One Penn Plaza, 32nd Fl., New York, New York 10119. The material in this publication does not bind the company in any manner. The coverage is subject to the language of the policy as issued. Programs or products may not be available in all states and policy features may vary by state. Please consult your insurance broker and review the policy for coverage limitations, restrictions, exclusions, terms and conditions. US0518