COVERAGE OVERVIEW
Coverage perils can be selected as
- Named Peril Form…Fire, Lightning, Explosion,Windstorm, Hail, Riot, Civil Commotion, Aircraft, Vehicles, Smoke,Vandalism & Malicious Mischief, Sonic Boom, Glass Breakage (building coverage only), Theft, Falling Objects, Sudden & Accidental Tearing Apart / Burning / Bulging of Heating or A/C Systems (excludes freezing), Accidental Discharge of Liquid/Steam from Plumbing/ Heating / Appliance (exclusions apply), Freezing, Sudden & Accidental Damage from Artificially Generated Electric Current, Weight of Ice & Snow
- Comprehensive Peril Form…
All physical damage is covered except exclusions such as war, nuclear radiation, earthquake, flood, radon, and others listed in the policy.
Claim Settlement Options include
- Replacement Cost (Building Alterations & Additions, Other Structures, Personal Property) No depreciation, repair or replacement matches kind & quality before covered loss
- Actual Cash Value
(Building Alterations & Additions, Other Structures, Personal Property) Depreciation for age, wear, tear
BUILDING ALTERATIONS & ADDITIONS
You may include additions, alterations, fixtures, improvements, & installations made by & exclusively used by you. The $5,000 limit may be increased.
CONTENTS
You may choose perils and claim settlement options.
THEFT – SPECIAL LIMITS
$3,000 per item / $3,000 per class Guns / Furs / Jewelry / Silverware
LOSS ASSESSMENT
Unit owners may be assessed for insurance claims by the association. The $5,000 limit may be increased.
POLICY DEDUCTIBLE
Raising your deductible (portion you pay) lowers your premium.
LOSS OF USE
Covers the additional expenses, up to 12 months, you incur while your home is rebuilt after a covered loss.
MEDICAL PAYMENTS
Offers assistance to visitors injured at your home, even when you are not negligent.
LIABILITY
Provides legal defense and a settlement to those you may injure, or for property you may damage.
PARTIAL LIST of OPTIONAL COVERAGES
- Collectibles & High Value Items
- Earthquake
- Home Business
- Liability – Additional Home
- Sewer & Drain Back-Up
- Watercraft
- Advantage Bundle ($20)
ID Recovery; $5,000 Theft limit in special classes;
- Plus Bundle – Advantage and…$10,000 Building Alterations; $10,000 Loss Assessment; 24 months Loss of Use; Additional $2,000 PC Coverage
- Select Bundle – Plus and…$10,000 Theft limit in special classes
REVIEW
We ask for the opportunity to review your needs when purchasing home insurance. We also provide a written review each year.
DISCLAIMER: This brochure is provided as a convenient summary. It is not an offer of coverage. Details, limitations and exclusions are found in the actual policies.