Attention Franklin Mutual Customers

Attention Franklin Mutual policyholders:

On policy renewals September 1, 2012 and later, Franklin Mutual is including a notification to their policyholders indicating that they will no longer include sump pump failure coverage automatically in their homeowners and rental home (dwelling fire) policies.  This is now an optional coverage that you will need to add at an additional premium, should you wish to have the coverage.

What this means for you is that if your home has a sump pump, and you wish to have coverage should that pump fail, you will need to contact our office and request that the coverage be added.  The coverage can be added with the following limits and their respective additional premiums:

Coverage                                                             Additional premium

$3,000                                                                   $75

$5,000                                                                   $145

$6,000                                                                   $180

$7,000                                                                   $215

$8,000                                                                   $250

$9,000                                                                   $285

$10,000                                                                 $320

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    Nelson-Patterson Insurance Agency
    746 River Road
    New Milford, NJ 07646
    Phone: 201-262-1431
    Fax: 201-262-3740