Carrier: American Reliable Insurance Company
This form offers named peril coverage, which means it covers specific perils named in the policy, subject to policy exclusions and conditions.
- Ownership by an LLC, trust or corporation is acceptable.
- Available to Multiple Occupancies: Policies may be written for Primary, Seasonal/Secondary, Rental or Vacant.
- Vacant Mobile Homes are also eligible.
- Option to schedule up to 10 rental dwellings on one policy.
Additional Coverages May Include
- Other Structures
- Fair Rental Value: Helps with loss of rent when tenants can’t live in the dwelling due to damage or destruction from a covered loss.
- Dwelling Actual Cash Value: Covered losses are settled at the actual cash value at the time of the loss, but not more than the amount required to repair or replace the damaged property. Depreciation is taken into account.
- Debris Removal: Pays for the cost or removing debris caused by a covered peril.
- World-wide Coverage: Up to 10% of the Coverage C limit for a loss by a covered peril is available to personal property anywhere in the world.
- Fire Department Service Charge: Pays for fire department charges if a fire department must be called due to a fire in or endangering the home.
Optional Coverages Offered
- Personal Liability
- Premises Liability
- Medical Payments to Others
- Additional Living Expense
- Vandalism or Malicious Mischeif (VMM)
Available in the Following States
- Minnesota
- North Dakota
- South Dakota
