Each homeowner has individual, unique, circumstances. Your homeowners and renters insurance policies should be carefully designed for you. The more you know the better you will be when working with our agents when we build a policy for you. Please review the information below and discuss these items with us. In the end you will be better informed and more satisfied with the insurance policy you purchase. Contact us at 607-843-8860 or Insurance@drickardinsurance.com.com.
This chart shows what you can expect in the most common unendorsed homeowners policies. You must contact for a complete description of how the coverage works from company to company. This chart is designed only to provide a visual aid when considering coverage options. There are many more types of policies available to you depending on your needs.
| Coverage | Dwelling Fire | Homeowners Basic | Homeowners Broad | Homeowners Special |
|---|---|---|---|---|
| Fire |
|
|
|
|
| Lightning |
|
|
|
|
| Windstorm |
|
|
|
|
| Hail |
|
|
|
|
| Smoke |
|
|
|
|
| Explosion |
|
|
|
|
| Riot or Civil Commotion |
|
|
|
|
| Vehicle |
|
|
|
|
| Aircraft |
|
|
|
|
| Glass Breakage |
|
|
|
|
| Vandalism |
|
|
|
|
| Theft From Premises |
|
|
|
|
| Theft Away From Premises |
|
|
|
|
| Liability Coverage |
|
|
|
|
| Medical Payments |
|
|
|
|
| Outbuilding Coverage |
|
|
|
|
| Contents Coverage |
|
|
|
|
| Loss of Use Coverage |
|
|
|
|
| Weight of Ice and Snow |
|
|
||
| Falling Objects |
|
|
||
| Rupture |
|
|
||
| Collapse |
|
|
||
| Freezing |
|
|
||
| Electrical Discharge |
|
|
||
| A Change to Open Perils |
|
There are many additional coverage types that you may add to your basic homeowners insurance policy. The following is a small list of coverage options you may have. Know that not every insurance company will offer the all of the coverage options you see here. Please contact us so we may build your custom insurance solution with you.
| Additional Household Member Coverage | Person(s) who lives with you and who is a member of your household but who is not an insured, guest, residence employee, tenant, roomer or boarder still need their property covered. They can buy there own renters policy or this policy may be added to the policy to cover their property. Contact us at 607-843-8860 or insurance@drickardinsurance.com. |
| Adult Care | Someone who does not live with you but who is related to the insured by blood, marriage or adoption, and who regularly resides in an assisted living care facility still needs insurance coverage. Contact us at 607-843-8860 or insurance@drickardinsurance.com. |
| Antenna | Antennas have limited amount of coverage on most homeowners policies. You can add this endorsement to increase that coverage, when available. Contact us at 607-843-8860 or insurance@drickardinsurance.com. |
| Assisted Living Care Facility Resident Coverage | Someone who does not live with you but who is related to the insured by blood, marriage or adoption, and who regularly resides in an assisted living care facility. Contact us at 607-843-8860 or insurance@drickardinsurance.com. |
| Backup of Sewers and Drains | Water damage is excluded or limited in most homeowner insurance policies. This coverage endorsement increases your protection from loss from covered causes of loss. Contact us at 607-843-8860 or insurance@drickardinsurance.com. |
| Boat | In some cases you will be able to add certain types of watercraft to your homeowner policy. However we suggest buying a policy more specifically designed to cover your boat or watercraft. Contact us at 607-843-8860 or insurance@drickardinsurance.com. |
| Child Day Care | Business enterprise is extremely limited in unendorsed homeowner policies. This optional coverage will give some coverage for this type of home based business. We suggest you get a more specific form of coverage for this business. Contact us at 607-843-8860 or insurance@drickardinsurance.com. |
| Condo | Condo Owner or Renter insurance policies are needed to cover the unique concerns related to the various forms of condo agreements. Contact us at 607-843-8860 or insurance@drickardinsurance.com. |
| Earthquake | Coverage for damage caused by earthquake is often excluded from coverage on the unendorsed homeowner policy. This option adds some coverage back. Contact us at 607-843-8860 or insurance@drickardinsurance.com. |
| Enhanced Settlement Option for A | This is a way to increase the amount of coverage you have on the residence structure that may be activated when certain circumstances exist. Contact us at 607-843-8860 or insurance@drickardinsurance.com. |
| Extension Pack | Have you seen a group of coverage options in this table that you like? Many companies have discounted prices for coverage that they package together in one endorsement. Contact us at 607-843-8860 or insurance@drickardinsurance.com. |
|
Higher Limit of Liability on Certain Property
or Scheduled Personal Property |
Jewelry, Guns, Art, Tools, Cameras, Computers, Collectables, Antiques, and really anything that you want to make sure that you have a specific amount of coverage on is something you should list in this type of coverage option. This is a. Contact us at 607-843-8860 or insurance@drickardinsurance.com. |
| Home Business | Many people work from their homes. Many times the amount of insurance they have for the entire business is capped at $2,500. However, the need when calculating the replacement value of the items used in the business exceed that amount. Adding this endorsement and increasing the coverage for home bases business personal property is what needs to be done. This endorsement may also be used to provide liability coverage that would otherwise be excluded. WARNING: If you have a building that your business occupies you likely do not have insurance coverage for it. Contact us at 607-843-8860 or insurance@drickardinsurance.com. |
| Identity Theft Recovery | This important coverage provides protection for expenses and identity recovery services you incur as a result of the fraudulent use of your identity by a third party. It is typically very difficult for individuals to work with or even reach the correct person in credit bureaus, creditors and financial institutions. Our case manager will guide you through the steps in the process to correct your credit history and identity records. Contact us at 607-843-8860 or insurance@drickardinsurance.com. |
| Mechanical, Electrical or Pressure Systems Breakdown | There are many versions of this type of endorsement. While not providing insurance for maintenance of many item in your home, this coverage provides a wide range of coverage for many of the customary systems found in residences. Contact us at 607-843-8860 or insurance@drickardinsurance.com. |
| Mentally Handicapped | Many people care for persons with a variety of disabilities. Some insurers have special programs to take care of the unique liability and property needs of this type of home based business. Contact us at 607-843-8860 or insurance@drickardinsurance.com. |
| Refrigerated Food | We cover loss to your contents in a freezer or refrigerator unit located at the covered residence. Contact us at 607-843-8860 or insurance@drickardinsurance.com. |
| Replacement Cost on Contents | If you purchase a Replacement Cost policy and your home is destroyed by an insured loss, the settlement reflects the cost to replace the damaged items with new property of comparable material and quality, without any deduction for depreciation. Contact us at 607-843-8860 or insurance@drickardinsurance.com. |
| Siding and/or Roofing Matching Coverage | If there is a loss that damages your siding or roofing materials you will need to replace the damaged portion. Now they do not match and look weird. This optional coverage helps with this unsightly concern. Contact us at 607-843-8860 or insurance@drickardinsurance.com. |
| Service Line Coverage aka Sewer Line Coverage | Underground utility coverage covers your buried pipes and electrical services from many causes of loss including collapse and wear and tear. This is coverage that is ussually excluded on standard landlord insurance policies. More>> |
| Tenant's Improvements | When you are a renting your residential space and you have made improvements to the building and attached features, it is this type of additional coverage that you what to add to you residential renters insurance policy. Contact us at 607-843-8860 or insurance@drickardinsurance.com. |
| Vanishing Deductible | *POOF* Ok, not quite. Some insurance companies have an endorsement that, based upon a formula, decrease your deductible in the event of a claim. These rules vary by insurer and in New York State your deductible will never completely disappear. Contact us at 607-843-8860 or insurance@drickardinsurance.com. |
| Water Damage Coverage | Back up of sewers and drains coverage. This is not Flood insurance. For Flood insurance you need to buy a Flood Insurance Policy. Contact us at 607-843-8860 or insurance@drickardinsurance.com. |
| Liability | Liability |
| Additional Household Members | In many instances there are persons living on a permanent basis in homes that the owner or renter is not an immediate relative. By naming the person specifically in this optional liability coverage the homeowner insurance policy may respond to protect them. Contact us at 607-843-8860 or insurance@drickardinsurance.com. |
| Additional Insured | Is there someone else that has an interest in your home by being the deed holder or the beneficiary of a trust? These persons should be listed on the homeowner policy under this clause. In this way, if they are named in a suit related to the named location, the homeowner policy may respond to protect them also. We most frequently see the need for this type of coverage in a Buyer/Seller Under Contract situation or a property that is deeded to the children but the parent(s) have lifetime use of the property. Contact us at 607-843-8860 or insurance@drickardinsurance.com. |
| Additional Residence | When you have a secondary residence that you own or rent for your own use coverage for liability at that location may be easily extend to those other locations by using this coverage option. This may be a nice way to meet underlying coverage rules in umbrella insurance policies. Contact us at 607-843-8860 or insurance@drickardinsurance.com. |
| Boat | This is a liability coverage that your insurer may offer to extend your homeowners insurance liability limit to watercraft. Keep in mind that usually unless you have this optional coverage activated your motorized watercraft will be excluded from coverage on your homeowner policy. Contact us at 607-843-8860 or insurance@drickardinsurance.com. |
| Day Care | Business enterprise is extremely limited in unendorsed homeowner policies. This optional coverage will give some coverage for this type of home based business. We suggest you get a more specific form of coverage for this business. Contact us at 607-843-8860 or insurance@drickardinsurance.com. |
| Golf Cart | Both property and liability coverage is usually absent for motorized vehicles that are not used to service the residence premises. However you may add this endorsement to cover you golf cart for both. Contact us at 607-843-8860 or insurance@drickardinsurance.com. |
| Home Business | Many people work from their homes. Many times the amount of insurance they have for the entire business is capped at $2,500. However, the need when calculating the replacement value of the items used in the business exceed that amount. Adding this endorsement and increasing the coverage for home bases business personal property is what needs to be done. This endorsement may also be used to provide liability coverage that would otherwise be excluded. WARNING: If you have a building that your business occupies you likely do not have insurance coverage for it. Contact us at 607-843-8860 or insurance@drickardinsurance.com. |
|
Homeowners ASSOC |
If you are a member of a Homeowners Association you have probably signed an agreement that you share in the liabilities of that association. In this case you need this type of liability coverage endorsement. Contact us at 607-843-8860 or insurance@drickardinsurance.com. |
| Personal Injury | Homeowners and renters policies standardly come with liability insurance for bodily injury. They do not come with coverage for liability resulting from Personal Injuries. Just about everyone needs this coverage. Contact us at 607-843-8860 or insurance@drickardinsurance.com. |
| Waterbed | Water beds may damage your property in many ways. When you rent your water bed may be the cause of property damage to the property of others. This endorsement may help protect you. Contact us at 607-843-8860 or insurance@drickardinsurance.com. |
| Watercraft | In some cases you will be able to add certain types of watercraft to your homeowner policy. However we suggest buying a policy more specifically designed to cover your boat or watercraft. Contact us at 607-843-8860 or insurance@drickardinsurance.com. |