Blue icon of a seasonal or vacation home.Vacation & Seasonal Homes

 

Whether your seasonal or vacation home is a condo or row house in the city, or a treasured lake house or a remote cabin that’s been in the family for generations, we help you get the insurance coverage you need for your special property. We can even provide coverage if you occasionally rent your secondary home to others.

Major Coverages & Features2

Comprehensive protection for buildings

Replacement cost claim settlement basis for buildings

Coverage for structures other than the dwelling on the property

Coverage for reasonable repairs expenses

Fire department service charge coverage 

Water and mold damage coverage

Loss Settlement Options2

Replacement cost claim settlement basis

Agreed loss claim settlement basis

Actual cash value claim settlement basis

Extended replacement cost

Optional Coverages & Features2

Customize your coverage to suit your needs. Use the chat feature on this page or call us at 800.373.5793 for information about these coverages.

  • Additional coverage for jewelry, watches, and furs
  • Business property and business liability
  • Comprehensive Coverage for personal property
  • Coverage for a property occasionally rented to others
  • Coverage for stolen items (not related to burglary)
  • Equipment breakdown
  • Home equipment breakdown protection
  • Identity recovery
  • Law or ordinance compliance cost coverage
  • Premises liability protection
  • Protection for loss to personal property due to a burglary of its structure, such as a theft of a heat pump or even copper piping
  • Service and utility line coverage
  • Water and mold coverage extension
  • Water backup and sump pump

Take the Risk Coach™ Approach

A 2022 survey found that 96% of survey respondents misunderstood at least one important feature of their auto coverage. More than half misunderstood several. We want better than that for our clients. When you work with one of our Risk Coaches, you’ll work with a licensed insurance professional who’ll help you get the right coverage at the best price.

Disclosure statements (Opens in a new window)

 

Extended Replacement Cost

This option adds up to 25% of your home’s coverage amount to your claim payment if you have to replace or rebuild your home after a total loss caused by a covered event.

Comprehensive Protection for Buildings

This coverage types applies to damage due to any covered cause of loss except those that are specifically excluded by the policy. 

Replacement Cost Claim Settlement Basis for Buildings

Losses are settled for the cost to rebuild or repair the damaged structure, up to the policy limit.

Coverage for "Other" Structures on the Property

Protection is extended to sheds, detached garages, pools, pool houses, fences, etc. to a maximum of 10% of the policy’s Coverage A amount (the value of the dwelling as shown on the policy’s Declarations Page).

Coverage for Reasonable Repair Expenses

The policy will provide reimbursement for reasonable costs associated with emergency repairs, such as boarding up broken windows after a storm so that no further damage is done.

Fire Department Service Charge Coverage

If a fire department outside your property’s area responds to a call to save the property or prevent damage to it, the policy will pay up to a specified limit for related service charges.

Water and Mold Damage Coverage

The policy will cover water damage unrelated to floods up to a specified percent of the policy’s Coverage A amount (the value of the dwelling as shown on the policy Declarations Page) and up to a specified limit for mold remediation.

Replacement Cost Claim Payment Basis

A policy "replacement cost" policy would pay the cost of replacing your covered rental dwelling and damaged items with new property of like kind and quality without reducing the payment to reflect depreciation based on age or condition.

Agreed Loss Settlement Claim Payment Basis

If your insured dwelling is destroyed by a covered cause of loss, the policy would pay the full amount that you and the insurer agreed upon when you purchased the policy. Please note that the policy deductible would apply.

Actual Cash Value Claim Payment Basois

This type of loss settlement pays toward the cost of repairing or replacing your covered property if it is damaged or destroyed. Please note that both the policy deductible and depreciation reflecting the age and condition of your property would apply.

Disclosure Statements

1 Information shown on this page is for illustrative purposes only and is not a policy document. Coverage for the property and liability exposures shown above is underwritten by third-party carriers, including American Modern Insurance Group and Foremost® Insurance Group, and is placed through Electric Insurance Agency, LLC.

Coverage is subject to policy terms, conditions, limitations, exclusions, and underwriting review and approval, and may vary or not be available for all risks or in all states. Rates and discounts vary based on multiple factors and are subject to change.

Extended Replacement Cost

This option adds up to 25% of your home’s coverage amount to your claim payment if you have to replace or rebuild your home after a total loss caused by a covered event.
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