The Right Policy
for Every Property.
Whether you own a house, a condo, or a rental property — there's a specific policy built for your situation.
Understanding Your Policy Options
Insurance policies are named by their form type. Choosing the right one depends on how you use the property.
HO-3
HO-3: Special Form Homeowners
"The gold standard for homeowners. Covers dwelling and other structures on an "open perils" basis."
Best For
Owner-occupied single-family homes
Key Coverages
- Dwelling structure
- Other structures
- Personal property
- Loss of use
- Personal liability
HO-6
HO-6: Condo Unit Owners
"Specifically designed for condo owners. Protects interior walls, flooring, fixtures, and personal belongings."
Best For
Condo and co-op unit owners
Key Coverages
- Interior walls and floors
- Personal belongings
- Personal liability
DP-1
DP-1: Basic Dwelling Fire
"Basic, named-perils policy for rental or investment properties. Affordable landlord protection."
Best For
Investment properties
Key Coverages
- Fire
- Lightning
- Internal explosion
DP-3
DP-3: Special Dwelling Fire
"Premium choice for landlords. Covers rental dwelling on an open-perils basis with replacement cost."
Best For
Rental properties
Key Coverages
- Dwelling (Open Perils)
- Loss of Rent
- Other structures
- Liability
HO-4
HO-4: Renters Insurance
"Protects your personal belongings and provides liability coverage when renting an apartment or home. Your landlord's policy does NOT cover your stuff."
Best For
Tenants renting an apartment or home
Key Coverages
- Personal property
- Personal liability
- Additional living expenses
Builders Risk
Builders Risk & Vacant Property
"Crucial protection for properties under construction, undergoing major renovations, or sitting vacant. Standard policies often suspend coverage if vacant for 30+ days."
Best For
Properties being built, renovated, or vacant
Key Coverages
- Building materials
- Structure in progress
- Vandalism/Theft (if endorsed)
Mixed Use
Mixed-Use & Apartment Buildings
"Specialized commercial property coverage for multi-family apartment complexes and buildings combining residential units with retail or office spaces."
Best For
Buildings with both apartments and businesses
Key Coverages
- Building structure
- General liability
- Loss of income
Understanding Key Exclusions
Water Exclusions
Standard policies typically exclude damage from floods, sewer backups, and surface water. Specialized riders or separate flood insurance are required for full protection.
Wind & Hail Exclusions
In high-risk areas, wind and hail damage may be excluded or subject to a separate, higher deductible. Always check your policy declarations.
Personal Property Protection
This covers your belongings—furniture, electronics, and clothing. Most policies protect your items even when they are outside your home, such as in your car or while traveling.
Pro Tip: Scheduled Personal Property
High-value items like jewelry, fine art, or expensive musical instruments may have "sub-limits" (e.g., $1,500 max for jewelry). We recommend "scheduling" these items individually to ensure full coverage for their appraised value.
Replacement Cost vs. Actual Cash Value
Understanding how your claim is paid is crucial. Toggle below to see the difference:
Replacement Cost (RC)
Pays to replace your property with new items of similar kind and quality, without deducting for depreciation. (Highly Recommended)
Example: A 5-year-old TV is destroyed. The policy pays $1,000 (the cost to buy a brand new equivalent TV today).
This comparison is for illustrative purposes only. Actual coverage depends on your policy terms.
First-Time Homeowner? Start Here.
Buying your first home is stressful enough. Your mortgage lender will require you to have insurance in place before closing. We work directly with your loan officer to ensure the process is seamless and your coverage meets all bank requirements.
Why Bundle Home + Auto?
Multi-Policy Discount: Save up to 25% on your premiums when you bundle.
Single Deductible: Some carriers offer one deductible if a single event (like a storm) damages both your home and car.
Landlord Risk Mitigation
Protecting your rental property goes beyond insurance. Use these tips to mitigate risk and avoid claims.
Require Renters Insurance
Mandate that tenants carry an HO-4 policy. It protects their belongings and provides liability coverage if they cause damage.
Regular Inspections
Conduct bi-annual inspections to catch leaks, roof damage, or safety hazards before they become expensive claims.
Screen Tenants Thoroughly
Background and credit checks help ensure you rent to responsible individuals who will maintain the property.
Educational Content — Not Insurance Advice
The information on this page is provided for general educational purposes only and does not constitute professional insurance, legal, or financial advice. Every insurance situation is unique. Please speak with a licensed insurance professional before making any coverage decisions. By using this site, you acknowledge this and agree to our waiver of lawsuits as outlined in our Terms of Service.
Ready to Get Protected?
Speak with a licensed agent today. We'll find the right coverage at the right price — in your language.