|COVERAGE FEATURES||WHAT IT MEANS||WHY IT MATTERS|
|Guaranteed Rebuilding Cost||Coverage is provided with
no cap or limitation on the cost
to rebuild the home.
|With Guaranteed Replacement Cost coverage,
the insurance company will pay to
rebuild your home to the same like
and quality even if doing so exceeds the policy limits.
|Cash Settlement Option||In the event of a total loss,
you can opt to receive a cash settlement,
up to the coverage limit,
rather than rebuild on-site
|In the unfortunate event your home is destroyed,
a cash payout allows you to rebuild elsewhere
or purchase a new home
|Law or Ordinance Coverage||The insurance company will pay for
required upgrades necessary in order
to satisfy local building ordinances during the rebuilding process.
|Covers you for expenses tied to
required changes that are directly linked
to the property damage
|Contents away from premises||Coverage for property that is lost,
damaged or stolen outside of the insured residence.
|The comfort and security to know that
your personal property is protected everywhere!
|Damage caused by Domestic Pets||Provides coverage for the costs associated with items damaged by pets||This feature is typically exclude from most standard policies|
|Landscaping||Coverage is provided for losses to landscaping
usually up to 5% of the coverage limit
or as needed with a max of $5,000 for any one tree, shrub or plant
|Most people aren't aware of the value of trees and shrubs until you have to replace them.|
|Valuables Coverage Extension||Policies will pay market value up to 150% of scheduled
items with NO deductible. Policies also grant
a limited amount of automatic
coverage for newly acquired items
|In many cases, the basic form only covers
items which are specifically scheduled and
doesn't offer any blanket coverage for valuables
and fine arts.
|Waiver of Deductible||If your loss is greater than $50,000 than
the deductible is waived
|In the event of a large loss, out-of-pocket
expenses are minimized
|Unlimited loss of use||Covers additional living expenses in order
to maintain standard of living while home
is being repaired.
|In the event that you are forced to be out
of the home for a while, its nice to know that
you can maintain a similar
standard of living for your family while the repairs are being made.