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22 Cards in this Set

  • Front
  • Back

Homeowners Policy

Includes property and liability

Homeowners Eligibility

Owner occupied, no more than a four family dwelling, primary purpose as a residence, can be under construction, mobile homes with endorsement

Cancellation conditions

During first 60 days, minimum of 10 days notice


After 60 days, 30 days notice


Non payment, 10 days notice

HO-2

Broad form, owner occupant

HO-3

Special form, owner occupant

HO-4

Tenants or renters

HO-5

Comprehensive form, owner occupant

HO-6

Condominium owners

HO-8

Modified form special risks

Coverage A

Dwelling

Coverage B

Other structures, 10% of coverage A

Coverage C

Personal property- included in all HO policies


50% of coverage A when on premises


10% of coverage C if off premises

Coverage D

Loss of use- included in all HO policies


30% of coverage A

Coverage C Exclusions

Pets, vehicles, property of renters or boarders

Property Removed

Protects for 30 days

Credit Cards, Forgery and Counterfeit Coverage

Covers up to 500 with no deductible

Loss Assessment Coverage

Pays up to 1,000, deductible applied once

Claims Payment for personal propery

Paid on actual cash value basis

Claims payment on dwelling and other structures

Replacement cost basis

Coverage E in Section 2, Liability

Personal liability

Coverage F in Section 2, Liability

Medical payments to others

Watercraft Coverage

Covers sailsboats less than 26 feet, boats with inboard motors of 50 HP or less, boats with outboard motors of 25 HP or less