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Do you own a one- to four- family dwelling that you rent to others? Then this package
is tailored to your needs.
The following is a general description of the package and is not a policy contract. The
policy itself should be read for your actual coverages and exclusions.
REAL PROPERTY COVERED
Your house and any separate structures on the residence premises, used principally
as a private rental residence, are covered for almost any type of damage. A few common
exclusions are listed in the policy such as wear and tear, earth movement (including
earthquake), flood, and nuclear hazard.
Your house, rented to others, including attached structures and wall-to-wall carpeting, is covered up to the limit you select.
Separate structures on your rental property, such as a detached garage or tool shed, are covered up to 10 percent of the amount of coverage on your house. Optional higher amounts are available. Separate structures used for manufacturing, commercial or farming purposes are not covered by this policy.
PERSONAL PROPERTY COVERED
Your personal property, rented with the rental dwelling, is covered for up to 5 percent of
the amount of coverage on your rental dwelling while it is at the insured location.
Optional higher amounts of coverage are available.
Your personal property at the rental dwelling is covered for a loss by the following perils:
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ADDITIONAL COVERAGES
Trees Shrubs, Plants and Lawns.
Pays up to an additional 5 percent of the amount of coverage on the residence premises,
but not more than $500 per item, for loss by fire or lightning, explosion, riot or civil
commotion, aircraft, vehicles not owned or operated by a resident of the residence
premises, vandalism, and theft.
Loss of Rents. If, after a covered loss, your house, rented to others, is unfit to live in, we cover loss of rents. We pay for the shortest time needed to make the rental livable, not to exceed 12 months.
Fire Department Service Charge. (not available in Arizona). Pays up to $500 as an additional amount of coverage, with no deductible, for service charges made by a fire department.
Debris Removal. Pays up to an additional 5 percent of the amount of coverage on the residence premises for reasonable debris removal expenses following a covered loss.
Expenses. Pays expenses in a
suit we defend on your behalf, such as court costs, attorney fees, investigator fees,
expense of witnesses and witness fees. Also pays expenses you incur at Farmers'
request, including up to $60 a day for actual loss of wages. And, in addition, this policy
pays the premium on appeal bonds, bonds to release attachments, and the cost of bail
bonds.
Emergency First Aid. Pays for necessary medical expenses incurred by other people at the time of an occurrence covered by this policy.
Business Liability. Pays for damages from an occurrence because of bodily injury, personal injury or property damage arising out of the ownership, maintenance or use of the rental dwelling covered by this policy.
New Homes Discount. (Electrical Systems Discount in Minnesota and Missouri). If your house was constructed within the past eight years, you qualify for a New Homes Discount. The actual discount depends directly upon the actual age of your house.
Home Renovation Discount. (Not available in all states). If you have recently renovated your plumbing, electrical, and heating/air conditioning systems, you may qualify for our Home Renovation Discount.
Flood. (A federal program)...Coverage for flood is available from the National Flood Insurance Program. If you are interested, we can submit your application.