IDEAL SOLUTIONS FOR PRIMARY, SECONDARY AND SEASONAL HOMES.
Owner Occupied Key Features Your Farmers® agent can offer you a Dwelling Fire policy that is an ideal solution for primary residences, seasonal and secondary homes that fall into special categories, like
- Older or lower-value homes
- Homes with minor cosmetic conditions
- Customers with most credit or loss issues (Loss history and credit scores must meet acceptable guidelines)
- Customers who have been declined, cancelled or non-renewed by another insurance company Coverage Highlights The Dwelling Fire program consists of two product choices offering different levels of coverage. Dwelling Fire One and Dwelling Fire Three allow you to create a policy based on your desired level of coverage and payment needs.
- Dwelling Fire One policies are similar to an ISO DP-1 policy. The policies are specifically designed for the unique needs of landlord, owner-occupied, or vacant properties. These policies are Named Peril with an Agreed Loss settlement in case of a covered total loss (available in most states).
- Dwelling Fire Three policies are similar to an ISO DP-3 policy, for landlord or owner-occupied customers who want Comprehensive coverage on the dwelling. This policy also has an Agreed Loss settlement (available in most states). Replacement Cost (RC) coverage on the dwelling and personal property is optional. Your Farmers agent can offer you a broad range of personal insurance products including auto, home, manufactured home, specialty homeowners, landlord or rental property, seasonal or vacant property, motor home, travel trailer, motorcycle, off-road vehicle, snowmobile, boat, personal watercraft and collectible auto
INSURANCE THE WAY YOU WANT IT.
At Farmers®, we know that insurance can be complicated, so we want to make it easier. Just a quick call to your Farmers agent and you can look forward to
Insurance solutions for your autos, homes, motorcycles, boats, RVs and more! Discounts on both your auto and your “toys” when you bundle Flexible billing plans as well as electronic payment options Best in class claims service And your Farmers agent will be there to help you manage all of your policies as your life and your insurance needs change Farmers.com If you… Want the best solutions for managing multiple policies? Want to save money on your insurance? Want a one-stop shopping experience for all your insurance policies? Want a dedicated agent who can help you select the best coverages and features? Contact your Farmers agent today or visit Farmers.com for more information! You’ll be glad you did.
Whether you live in the perfect starter house, a custom-built dream home or something in between, one thing is true: You want to protect the life you’ve made there.
Standard: Designed for homeowners who are just starting out, the Standard package balances affordability with features that really matter. This package also makes it easy to choose higher limits for a few unusually valuable items.
Enhanced: Established homeowners tend to want more — the Enhanced package accommodates higher policy limits and includes several extra features like covering the costs to replace your roof and contents without deducting depreciation.
Premier: The Premier *package comes with the highest limits and coverage on personal property, and can include Guaranteed Replacement Cost coverage for your home if certain requirements are met. When Guaranteed Replacement Coverage applies, Farmers will reimburse 100% of the cost of rebuilding after a covered loss on the same premises, regardless of your policy’s limits.
Within each of these packages, you have tremendous flexibility — you can raise or lower limits in virtually every type of coverage, and add or change coverage. Your Farmers agent can show you how each change will affect your premium.
Here are some typical situations in which Farmers homeowners insurance can help:
There’s a fire in your kitchen
Risk: You act quickly and prevent a grease fire from getting out of control, but smoke damages the counters and cabinets in your kitchen.
Coverage: Property coverage in your policy can help if your house is damaged by fire and/or smoke.
Thieves strike while you are away
Risk: You return from a family vacation to discover thieves have stolen electronic equipment from your media room.
Coverage: If your possessions are stolen, damaged or destroyed in an insured loss, your coverage can help replace them, up to the policy’s stated limits.
A visitor is injured
Risk: A guest at your annual Fourth of July barbecue trips on the steps between your deck and the lawn — fracturing his wrist when he falls against a stone retaining wall.
Coverage: Medical payments coverage can cover the medical costs if a visitor is hurt on your property, regardless of liability.
A tornado hits
Risk: You heard the warning sirens and escaped uninjured, but you can’t live in your house while tornado damage is repaired.
Coverage: Coverage for additional living expenses can help with the extra cost of temporary relocation caused by a covered event.
Losses away from your home: Instance where your homeowners insurance could help:
Your jewelry is stolen
Risk: You mastered the basics of surfing during lessons in Hawaii — but your wedding ring is stolen.
Coverage: With personal possessions coverage, lost jewelry is covered up to your policy limits.
You lose your passport
Risk: While on vacation in Europe, you lose the tote bag that has everyone’s passports.
Coverage: Your homeowners policy can help with the cost of replacing passports and other valuable papers.
Optional coverage that’s popular with homeowners
Homeowners policies generally cover valuable items like jewelry, artwork and collectibles — but
usually at relatively low limits. With personal articles floaters, you can insure specific valuables at higher limits.
Farmers also offers coverage options like these:
You want to go green
Risk: You want to “go green” when you rebuild after a fire — using eco-friendly materials and appliances.
Coverage: With Eco-Rebuild coverage, you can receive up to $25,000 toward the extra cost of replacing materials and appliances with “green” alternatives.
Get brand new replacements
Risk: An electrical fire destroys the 70-inch flat screen TV in your living room.
Coverage: With Contents Replacement Cost Coverage, you’ll be reimbursed for the cost of buying a new television of similar quality — not what your old TV was worth.
Your identity is stolen
Risk: You discover you’ve become the victim of identity theft when a series of unfamiliar charges appears on your credit card statement.
Coverage: Farmers Identity Shield can help with losses and expenses if your identity is stolen — you’ll also receive help resolving the crime and replacing certain documents.
Normally, a homeowners’ insurance policy provides coverage for the following:
- Structure (the dwelling itself)
- Other structures (like sheds and fences)
- Personal property (the contents of the structures)
- Loss of use (also called Additional Living Expense or ALE)
- Personal Liability
- Medical Payments to Others
If you rent, you may want coverage to help you protect your personal possessions and assets. Your Farmers® agent can help you understand your insurance options so you can choose the coverage you want. Here is how renters insurance may help for covered losses…
- Property coverage under your renters policy may help if personal property like a sofa and a bookcase are damaged by fire.
- Liability coverage may help if you’re responsible for an injury to someone who is not a member of your household.
- Medical Payments to Others coverage may help if a guest is injured on your premises.
Additional living expenses coverage may help with the extra costs of housing and food if you’re forced to move out for temporary repairs to your residence. Contents Replacement Cost coverage may help cover the cost of replacing older items with their brand new equivalents — ask your agent about some limitations that may apply.
However, many people who rent are under the mistaken belief that their lease protects them from unforeseen circumstances. Instead, most leases are there to protect landlords and rarely offer any type of reimbursement for a tenant’s loss.
If you rent an apartment, house, condo, or even a dorm room, it is wise to have renters insurance. Don’t leave the cost of your belongings to chance. In the event of fire, theft, , vandalism or other catastrophe, renters insurance can protect you from the monetary loss of such an event. Shall a residence become uninhabitable, renters insurance may even temporarily reimburse you the cost of another residence.
Renter’s insurance does not have to be expensive. This is especially true if you take into account the costs of computers, televisions, jewelry and the myriad of other possessions that are in your home.