Niche Habitational (ON only)

Target Clients

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• Hard to place, non-standard risks

 

 

Coverage Features

 

• 100% Guaranteed Replacement Value

• Limited water damage coverage available

• Home based business coverage available (max $100k annual revenues)

• Rented Dwellings

• Primary Residences

• Seasonal Homes (ACV only)

• Vacant Properties (ACV only)

• Aluminum wiring 

• 60 AMPS with ESA certification

 

Underwriting Considerations

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• 12-month policies only

• up to 3 mortgages (including privates)

• up to 3 NSF's

• Seasonal Property- cannot be rentals

• Vacant Dwelling- maximum 21 month vacancy

• Rented Dwelling - Guaranteed Building Replacement Cost available

• Minimum $1,000 deductible

• Secondary, seasonal and vacant can each be standalone policies

• All buildings to be insured 100% of their replacement cost