All Risk or Comprehensive Policy | We cover your dwelling and property for "all risks", not specific losses or "perils" |
Off Premises coverage - contents | We insure your contents both while temporarily away from your premises AND while permanently at another uninsured location (worldwide).
This includes student property while at school. |
Guaranteed Replacement Cost – on home | We protect you in case the cost to repair or replace your dwelling increased during the policy term ---with no maximum. If you choose not to rebuild on the same site, we will settle on replacement cost, up to the full sum insured. |
Replacement Cost – on contents | We pay based on Replacement Cost on your contents, with no allowance for depreciation,even if you choose a cash settlement instead of replacing the items. |
Bylaws Coverage | We cover additional costs to bring your house up to current building standards in the event of a loss ---additional sum with no maximum. |
No Deductible for Losses over $50,000 | |
Temporary Relocation Costs Protection | We cover your additional expenses if you need to move out of your home as a result of an insured loss |
Liberalization Clause | If we increase any included coverage, you immediately get that coverage – at no extra charge. |