Named peril protection - Your policy covers those causes of loss listed by name in your policy documents (fire, lighting, wind, hail, explosion, and others). It covers the essentials, but not everything.
Actual cash value loss settlement - For a total or partial loss, we settle at the actual cash value (ACV) of the loss, which takes depreciation into account when settling your claim.
Term - We write 3-, 6- and 12-month policy terms.
Eligible home types
• Home should be in fair or better condition, showing proper maintenance
• Up to four-family construction, with no age restriction
• Valued up to $500,000 (most states > $1M in a few)
• Renovations in process are accepted without surcharge
Shorter vacancies can be handled with an endorsement. More information can be found here.
American Modern Insurance Group
9 listings in 50 states + DCView Company
Availability 50 states + DC