Alabama
Homeowner Products
Our homeowner products are designed for primary,
full-time occupied residences as well as secondary
occupancy. We even have a place for the seasonal risk
that may be rented to others occasionally. The HO-3 is
our most popular form and includes replacement coverage
on the dwelling for most homes. Some companies offer
the ability to endorse replacement cost on personal
property as well as schedule valuable items. The HO-8
is a named peril policy for those risks that do not
qualify for the HO-3. Coverage is available for all
protection classes. Photos are not required from the
agent as inspections are ordered by the company.
Certain Underwriters @ Lloyd’s
- is an "A" rated company. This is our most
accommodating company. They offer the HO-3, HO-4
and HO-8 forms for primary or secondary occupancy. They can even accommodate the seasonal risks that may be
rented occasionally. The maximum dwelling value is
$500,000 for the HO-3 and $200,000 for the HO-8. Lloyd’s accepts homes with wood roofs, asbestos siding,
and semi or unprotected homes. This company is
designed to make room for the "hard to place" risks.
Aegis Security
– is an “A” rated admitted company. The Bronze program
is written on a basic peril form which includes personal
property, unattached structures, loss of use, personal
liability and medical payments. This program is designed for
older homes $40,000 to
$125,000. Used for primary and secondary occupancy.
Alterra Specialty
- is an "A" rated company. The program is
designed for the better than average homeowner with
values ranging from $175,000 up to and over $1,000,000
TIV in protection classes 1-8. The focus with this
program is on the preferred homeowner, with the best fit being
homes located in coastal counties written on an X-wind
basis.
Lexington - is
an "A" rated company. This program offers the HO-3
and HO-6 forms. This program is very competitive on high
value homes located in coastal areas. It is written to
include the peril of wind. |