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Our
Recommendations
Strategies
and Solutions
We recommend
a comprehensive risk management strategy for your home that
includes the following important insurance coverage's:
All
Risk Coverage
Broader than “named peril” coverage, all risk coverage
means that you are covered for whatever loss occurs for any
reason unless there is a specific exclusion in the policy.
Extended
Replacement Cost
(also Guaranteed Replacement Cost Coverage) Settlement basis
that pays the full cost of rebuilding your home after a
loss, even if the cost to do so exceeds the amount of
coverage on your homeowner policy.
Cash
Settlement Option
An option that allows you to receive a cash settlement up to
the policy limit, with no requirement to repair or replace a
covered item.
Rebuilding
to Code
Also known as Law and Ordinance coverage, this pays the cost
of rebuilding your home following a covered loss, including
compliance with any law or ordinance, up to a specified
limit.
Backup
of Sewers and Drains
This coverage protects your home and contents from water
damage caused by back-up of sewers or drains, up to the
amount of coverage specified on the policy for a covered
loss.
Special
Limits
These limits represent the maximum amount you will receive
from your insurance company for specific items that are
lost, misplaced or stolen. Special limits apply to items
such as jewelry, silver, money, stamps, coins, and furs.
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