New Homeowners Product Features
Primary & Secondary Homes - $350,000-$1,000,000 - Written on a HO3 policy form - $1,000,000 and above - Written on HO3 or HO5 Tenanted Homes - Written on DP3 form. Multifamily Dwellings - No more than four units. - The owner must be living in one of the units. Vacant Homes - Written on DP3 form. Course of Construction - Written on HO3 form.
- All homes must be built or fully updated post 1980. - FULLY UPDATED MEANS: Roof – complete replacement unless slate in which case a prior inspection proving adequate remaining life expectancy is required prior to quoting Electrical – complete replacement including circuit breakers and at least 150 amps Heating – complete replacement Plumbing – complete replacement
- Wind/hail only insurance is available under the contract
- Hurricane Minimum Earned Premium Clause will be applied to these policies
Take a look at our available products and give us a call.
Point of Contact: Blake T. Souders, CPCU
Website: www.soudersgroup.comTags: homeowners product