Wrap Around Homeowner Insurance
Wrap Around Insurance
What os Wrap Insurance for
Homeowners? -Wrap policy, also known as Wrap Around
Insurance Policy, Difference in Condition, and a few more.
Not all homes are built equally. In many instances, a property is too old, or located in a brush area which makes it inelligible for regular homeowner insurance policy through most insurance companies.
Other factors contributing could be the type of roof, or generally any factor that makes insurance companies to walk away from the given property.
When insurance companies reject writing a regular HO3 homeowner policy for a given property, the agent will look for alternatives which would most likely include California BUY FAIR PLAN POLICES; Fair Plan policies can cover the property against Fire, Vandalism, and Lightening.
Fair Plan also has options to cover personal belongings in case of fire and vandalism, but not theft.
What does Wrap Around
Policy Cover? - While the BUY FAIR PLAN POLICES covers
against fire and vandalism, it does not cover for Liability,
Theft, Water damage, and many other coverages included in
regular homeowners insurance policy. This is where
Wrap Around Insurance policy comes into play.
Wrap Around Insurance policy covers most, if not all, of the coverages, except those associated with Fire and smoke.
To get more details and a quote for Wrap Around policy,
contact us at: 1-310-860-5000
Services
- Personal Insurance Products
- High Value Autos and Homes
- Business Insurance Products
- Commercial Property Insurance
- Workers Compensation Insurance
- Professional Liability Insurance
- Commercial Auto Insurance
- Employment Practices Liability (EPLI)
- Earthquake Insurance
- California Fair Plan Insurance