VACANT AND LANDLORD PROPERTY
Corrin Trowbridge
We want to be the best, most reliable Partner to help you succeed.
Farmers offers you a policy for vacant and landlord properties that provides specialized coverage for all types with a program that can be easily customized.
Vacant Product and Coverage Highlights
The Vacant policy is a Named Peril policy that offers coverage for many common perils like fire, explosion, lightning, windstorm, hail damage and more. These policies are specifically designed for the unique needs of vacant properties.
?? Full 12-Month Policy with pro rata cancellation.
?? Coverage Options including liability, personal property and vandalism and malicious mischief with optional high deductibles to help lower premium
?? Agreed Loss Settlement in the case of a covered total loss to the home, the settlement will be the Amount of Insurance listed on the Declarations Page.
Landlord and Rental Coverage Highlights
The Landlord program offers two Dwelling Fire policy options.
?? Dwelling Fire One policy is similar to an ISO DP-1 policy. This policy is specifically designed for landlord properties. This policy is Named Peril with an Agreed Loss settlement in case of a covered total loss.
?? Dwelling Fire Three policy is similar to an ISO DP-3 policy, for landlord customers who want comprehensive (open peril) coverage on the dwelling. This policy also has an Agreed Loss settlement.
Landlord Optional Coverages
?? Loss of Rents
?? High Liability limits
?? Personal Injury (available in most states)
?? Replacement Cost coverage on Personal Property (not available in all landlord programs)
?? Business Property and Liability
?? Replacement Cost (RC) coverage on the dwelling and Extended RC
?? Higher deductibles to help lower premium
?? Repair Cost (available in most states)
?? Water backup from sewers and drains (available in most states)
Other Features (Available in most states)
The Landlord program can be fully customized, from the property alone to a full complement of coverages.
?? Discounts for Superior credit
?? Discounts for Professional Landlords
- Members of a Landlord Association
- Use a Property Management Company
- Insure multiple properties with Foremost
- Conduct tenant screening
?? Discounts for age of home, burglar alarms and masonry construction
?? Multi-policy discounts for another Farmers or Foremost policy
We Cover
?? One to Four Family Dwelling
?? Open Foundations*
?? Vacation Rentals*
*Available in most states
Claim Services
You can expect superior claims service through a network of highly trained employees stationed across the country. Their primary job is to settle your claim quickly and efficiently – to be there for you when trouble strikes. The claim service line is always open. You can report a claim 24 hours a day, seven days a week – including holidays at 1-800-527-3907 or report a claim online at Foremost.com.
Flexible Payment Options
Because every customer’s budget is a little different, we offer several flexible payment plans, deductible options and limits to help keep premium payments affordable. Talk to your Farmers agent today about the available billing solutions. Your Farmers agent can offer you a broad range of personal insurance products including auto, home, manufactured home, specialty homeowners, landlord or rental property, seasonal or vacant property, motor home, travel trailer, motorcycle, off -road vehicle, snowmobile, boat, personal watercraft and collectible auto.
For more information contact Corrin Trowbridge, 650-FARMERS (327-6377), [email protected]