UTICA POLICYHOLDER INFORMATION
There are many factors that affect E&O premiums with Utica Mutual Insurance Company. Size of the agency, staff size, mix of business and specialization all can have an impact on your premium. But, there is one sure way to reduce your premium: attend PIA’s E&O loss prevention seminars and other educational options administered by PIA.
Utica applies a 5 percent credit to E&O premiums for attendance at any of our approved E&O loss prevention seminars presented several times a year at convenient locations around the state. There is no minimum premium threshold for an account to be eligible for the credit, which will be applied after the application of any schedule rating modifiers.
The following criteria must be met for the credit to be applied to your current renewal:
- attendance at PIA’s approved E&O seminars every 15 months prior to your renewal date or up to 30 days after
- required staff attendance based on the size of your agency:
- 1-3 staff size 1 principal/office manager or CSR
- 4-10 staff size 1 principal/office manager and CSR
- 11-20 staff size 1 principal/office manager and 2 CSRs
- 21+ staff size 20% of entire staff