Bulletin: GA2021006

Dear Associates:

The new 2021 STG Gold Endorsement to the 2021 ALTA Homeowner’s Policy improves the coverage that the Insured receives in the 2021 ALTA Homeowner’s Policy. The new 2021 STG Gold Endorsement to the 2021 ALTA Homeowner’s Policy is now available for issuance in Georgia with the new 2021 ALTA Homeowner’s Policy.

Although the 2021 ALTA Homeowner’s Policy can be issued with one-to-four family residences as can the 2013 ALTA Homeowner’s Policy, the new 2021 STG Gold Endorsement to the 2021 ALTA Homeowner’s Policy can only be issued if the property is improved with an existing single-family residence.

You may issue the STG Gold Endorsement with the 2021 ALTA Homeowner’s Policy without any additional charge or premium and without any additional requirements if the property is improved with a single-family dwelling. Since it improves coverage for the Insured, we recommend that it be issued unless you receive contrary instructions from the Insured. You should comply with existing Guidelines for the ALTA Homeowner’s Policy.

Some of the additional coverages afforded by the STG Gold Endorsement to the 2021 ALTA Homeowner’s Policy include:

• Expansion of policy availability to legal entities
• Expansion of post-policy covered risks
• Expansion of continuation of coverage provisions, including transfers to a limited liability company where the insured is the sole owner

The STG Gold Endorsement is not designed for nor should it be issued with any prior version of the ALTA Homeowner’s Policy, such as the 2013 ALTA Homeowner’s Policy. It should not be issued with any of the ALTA Expanded Coverage Residential Loan Policies or the 2021 ALTA (standard) Owner or Loan Policies.

Please contact your title production software vendor to have the new form uploaded to your title production software system or call your sales representative for questions in this regard.

If you have any questions relating to this or other bulletins, please contact a Stewart Title Guaranty Company underwriter.

For on-line viewing of this and other bulletins, please log onto www.vuwriter.com.