No two homes are exactly the same. Our home insurance products have options that allow you to craft a policy that fits your family’s unique needs.
Available Coverage Options
Bodily Injury and Property Damage LiabilitySelecting the right homeowners insurance is one of the most important steps you can take to protect your house and your belongings. Here are some key features and benefits that our insurance carriers offer for home insurance
Available Coverage Options
Dwelling Coverage – Coverage A
This home insurance coverage protects your home and any structures attached directly to it. Ideally, the amount of homeowners insurance coverage you carry should equal the cost of rebuilding your home after a total loss.
Other Structures – Coverage B
This homeowners insurance coverage covers other structures set apart from the dwelling on the residence premises, such as a detached garage. This coverage applies up to the limits provided in your policy and can be increased if necessary. Most policies automatically provide a limit equal to 10% of your dwelling coverage amount.
Personal Property – Coverage C
This home insurance coverage protects your personal belongings, such as furniture, clothing and appliances. Most policies provide a limit of liability equal to 50% to 70% of the dwelling coverage amount. Certain possessions may be excluded or have only limited coverage. You can also purchase additional coverage to provide enhanced protection for valuable items and other special possessions.
Loss of Use – Coverage D
This homeowners insurance coverage is available when you cannot live in your home due to a covered loss. It pays reasonable and customary living expenses up to the limit provided in your home insurance policy.
Liability – Coverage E
This homeowners insurance coverage protects you in two ways. First, it provides for your legal defense against a liability claim (lawsuit). Second, it will pay any court judgments against you for covered losses, up to the policy limit.
Medical Payments – Coverage F
This homeowners insurance coverage pays emergency medical bills for anyone injured on your property or any injury caused by a member of your family or a pet regardless of where it happens. All bills are paid, up to your home insurance policy limit, whether or not you’re legally responsible.
100% Protection Plan
When you choose this homeowners insurance benefit and insure your home for 100% of its replacement cost, you’re assured that if something happens to your home, we’ll pay the full cost to rebuild it—even if it costs up to 125% of the applicable limits of your policy.
Replacement Cost Protection
With our optional replacement cost coverage for contents, we’ll pay the actual cost of replacing your possessions—regardless of age or condition—with brand new items of equal quality.
24/7 Homeowners Claims Hotline
Our homeowners insurance claims professionals are available any time of the day or night, ready to assist you with service that is backed by a satisfaction commitment.
Scheduled Personal Property
For homeowners who need more than $5,000 of protection for valuables, or have special valuables such as antiques or fine art, our scheduled personal property coverage allows you to list items and their value for more customized protection. (Appraisals may be required.)
Most homeowners insurance policies don’t cover flood damage to your home or its contents. The good news is that flood insurance is available through the federally-backed National Flood Insurance Program (NFIP).
For more product information, please schedule a call to speak with a CBE Insurance Group Agent