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RENTALS
Landlord’s Protector Package
… a package of protection for your 1 or 2 unit rental property.
PACKAGE OF PROTECTION TAILORED TO
YOUR NEEDS
PROPERTY
COVERED:
The house and any separate
structures on the residence premises and used principally as a
private rental residence are covered for almost any type of damage
except for a few common sense exclusions listed in the policy such
as wear and tear, earth movement (including earthquake), flood,
and nuclear hazard.
Your house
that is rented to others including attached structures and
wall-to-wall carpeting are covered up to the limit you select.
Separate structures
on your rental property, other than for business purposes, such as
a detached garage or tool shed, are covered up to 10% of the
amount of coverage on your house.
The following is a general
description of the package and is not a policy contract.
The policy itself should be read for the actual coverage
and exclusions.
PERSONAL
PROPERTY:
Your personal property, which is
rented or held for rent with the rental dwelling, is covered while
it is on the insured location.
Your personal property in the
rental dwelling is covered for a loss by the following perils:
- Fire or Lightning
- Windstorm or Hail
- Explosion
- Riot or Civil Commotion
- Aircraft
- Vehicles
- Smoke
- Vandalism or Malicious
Mischief
- Falling objects
- Weight of ice, snow or sleet
- Accidental discharge of water
or steam from a plumbing, heating or air conditioning system,
or domestic appliance
- Burglary
- Freezing of domestic
appliances
- Electrical Damage to
appliances and fixtures (but not tubes or transistors)
- Damage resulting from bulging,
cracking, rupture, and burning of steam or hot water heating
systems and hot water heaters
ADDITIONAL
COVERAGE:
TREES, SHRUBS, PLANTS &
LAWNS
Pays up to an additional 5% of
the amount of coverage on the residence premises and no more than
$500 per item for a loss by Fire or Lightning, Explosion, Riot or
Civil Commotion, Aircraft, Vehicles not owned or operated by a
resident of the residence premises, Vandalism, Malicious Mischief
and Theft.
LOSS OF RENTS
If after a covered loss, your
house/property rented to others is unfit to live in, we cover the
loss of rents. We pay
for the shortest time needed to make the rental livable but not to
exceed twelve months.
FIRE DEPARTMENT SERVICE
CHARGE*
Pays up to $500 for service
charges made by a Fire Department as an additional amount of
coverage, with no deductible.
DEBRIS REMOVAL
Pays up to an additional 5% of
the amount of coverage on the residence premises for reasonable
debris removal expense following a covered loss.
*Not available in Arizona
LIABILITY
COVERAGE:
EXPENSES
Pays expenses in a suit we defend
on your behalf, such as court costs, attorney fees, investigator
fees, expenses of witnesses and witness fees.
Also pays expenses you incur at
Farmers’ request, including up to $60 a day for actual loss of
wages.
Pays the premium on appeal bonds,
bonds to release attachment, and the cost of bail bonds.
EMERGENCY FIRST AID
Pays expenses you incur for
necessary medical and surgical aid to 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 of the rental dwelling covered
by this policy.
DISCOUNTS:
NEW HOMES DISCOUNT (ELECTRICAL
SYSTEMS DISCOUNT)
If your house was constructed
this year or within the past 7 calendar years, you qualify for a
New Homes Discount. The actual discount depends directly upon the actual age of
your house.
OPTIONAL
COVERAGE:
EARTHQUAKE
Extends protection for damages
caused by an earthquake up to the policy limits.
FLOOD (FEDERAL PROGRAM)
Coverage for flood is available
from the Federal Flood Insurance Program.
If you are interested, we can help you submit your
application.
RENTERS PACKAGE POLICY:
THE PACKAGE POLICY FOR RENTERS
FROM FARMERS INSURANCE GROUP OF COMPANIES
PERSONAL
PROPERTY:
Your personal property is covered
for a loss by the following perils:
- Fire or Lightning
- Windstorm or Hail
- Explosion
- Riot or Civil Commotion
- Aircraft
- Vehicles
- Smoke
- Vandalism
- Theft
- Glass Breakage
- Falling objects
- Weight of ice, snow or sleet
- Sudden and accidental
discharge of water or steam from a plumbing, heating or air
conditioning system, or domestic appliance
- Collapse of building
- Freezing of a plumbing,
heating, air conditioning system or household appliance
- Sudden and accidental damage
from artificially generated electrical current (Does not
include loss to tubes or transistors).
This is a general description of
the package and is not a policy contract.
The policy itself should be read for the coverage and
exclusions.
ADDITIONAL
COVERAGE:
ADDITIONAL LIVING EXPENSES
Pays the additional costs of
living in hotels, eating in restaurants, etc., while living
quarters are not habitable due to insured loss.
Limited to 20% of insurance on personal property.
IMPROVEMENTS AND BETTERMENTS
Covers improvements, alterations
or additions you make to rented property.
Limited to 10% of insurance on personal property.
PERSONAL PROPERTY AWAY FROM HOME
Coverage applies to your personal
property anywhere in the world.
Limited coverage applies to your property usually located
at other than your residence premises.
PERSONAL
LIABILITY PROTECTION:
This coverage gives you and your
family living with you 24 hour a day liability protection against
claims caused by almost any unintentional act.
You are covered for accidents
caused by your pets and your participation in sports activities.
Coverage applies where you live
and all other premises you may own such as vacation cabins, vacant
land, etc. And, reasonable medical payments are provided for guests
whether you are liable or not.
DISCOUNTS/CREDITS:
*
NON-SMOKER DISCOUNT
If the qualified family members
of your household have not smoked tobacco products in the past two
years, you can save money with our Non-Smoker Discount.
50 PLUS DISCOUNT
If you are 50 or more years old,
you qualify for our 50 Plus Discount.
AUTO/HOMEOWNERS DISCOUNT
If your personal autos are also
insured with Farmers, you may qualify for a discount on your
Renters policy.
*Not
available in All States. |
