Lloyd’s Coverholder Facility
Homeowners Program

New York, New Jersey, and Connecticut

AM Best Rating: A Excellent

The above underwriting company(s) are Non-Admitted in the states listed above. Subject to a 25% Minimum Earned Premium

Form: ISO Homeowners 3 Only

Minimum Cov A Dwelling Limit: $200,000

Coverage B: Other Structures: 10% of Cov A
Coverage C: Personal Property: 50% of Cov A
Coverage D: Loss of Use:20% of Cov A
Coverage E: Personal Liability: $300,000 ($500,000 Available)
Coverage F: Medical Payments: $5,000 ($1,000 in NJ)
Deductibles:
AOP Deductibles:
Under $500,000 Limit: Minimum of $1,000
$500,000 – $999,000: Minimum of $2,500
$1,000,000 – $2,000,000: Minimum of $5,000

Windstorm Deductibles:
1,000 to 2500 ft. 3%
2,500 ft to 5 miles 2%
5 miles to 10 miles 1%
Over 10 miles Not Required

Valuation:
Coverage A: Replacement Cost if insured at 80% RCV
Coverage C: Actual Cash Value (Replacement Cost Avail.)
Secondary or Seasonal Dwellings:

• Will underwrite coverage without primary
• Policy will include Warranty that heat must be maintained or water drained while unoccupied

Other Policy Warranties:

• Central Station Fire & Burglary will be required for all High Value Dwellings

Acceptable Loss Experience:
Will consider 2 prior losses within the past 3 years.

The above summary does not constitute an offer for coverage nor does it exhibit all program terms and conditions.