All-risk Coverage

Protects against property damage or loss regardless of cause; for dwelling, other stuctures and personal property

Broadest coverage in the industry

Cash Settlement Option on Contents

Option to receive a cash settlement in lieu of replacing lost or damaged property

Flexible at the time of loss

Total Loss Cash Settlement Options

Option to receive a cash settlement up to the coverage limit, rather than rebuild on the site

Flexible at the time of loss

Extended Guaranteed Rebuilding Cost* for Dwelling

No caps or limitations for rebuilding both the dwelling and other stuctures

Rebuild to match exceptional building quality, historic homes and unique structures, even when policy limits are exceeded

Replacement Cost for Contents

Damaged personal property can be replaced with new item(s)

Reimburses up to the coverage limit without depreciation

High Deductible Options

Deductibles available up to $100,000

Assuming more of the upfront risk can result in meaningful premium savings

Other Structures and Personal Property

Standard Limits: 20% of dwelling coverage for other structures and 50-70% of dwelling coverage for personal property; limits can be adjusted as needed

Flexible limits for more precise coverage

Bulding Ordinance Increased Costs

Pays for required upgrades to satisfy local building ordinances when rebuilding property damaged by a covered loss

Accounts for mandated increases and rebuilding costs up to the policy limit

Additional Living Expense and Fair Rental Value

Unlimited coverage for necessary increases in living expenses incurred when the home is uninhabitable due to a covered loss; includes loss of rental income

Policyholder can maintain a comparable standard of living while displaced from the home

Additions and Alterations

Combined with personal property coverage and into one aggregate limit for condos and co-ops

Allows for seamless coverage; simplifies claims process

Personal Property Away from Premises

Reimburses up to the highest content limit for any single location on the policy; responds if loss occurs away from any residence the insured owns or lives in

Reimburses up to the highest content limit for any single location on the policy; responds if loss occurs while away from any residence the insured owns or lives in

* Availability varies by state.

Coverage provided by the member companies of the American International Group, Inc. (AIG). The descriptions contained herein are summaries only. Please see actual policy for full terms, conditions and exclusions. All submissions are subject to underwriting guidelines. Coverage may not be available in all jurisdictions.