We cover seasonal and secondary properties, as well as properties in rural areas. We also accept homes that other carriers won't take due to age, condition, value or other considerations. In certain states, we do not require that your primary residence be insured with us to insure your seasonal or secondary home.
Unlike other companies, Farmers doesn't require that your primary residence be insured with us in order to insure your seasonal or secondary property.
This means we cover most direct, sudden and accidental physical losses that aren't specifically excluded in your policy.
We cover "perils" (fire, explosion, lightning, windstorm and hail damage) which are specifically named in your policy, subject to policy exclusions and conditions.
This provides coverage if you're found legally responsible for an accident that causes injury to someone who doesn't live in your home or causes property damage to another's property.
In the event of a covered loss, this covers the cost to replace or repair your damaged property, with a deduction for depreciation, which reflects the age and condition of your home.
If your home is destroyed by an insured loss, you receive the full amount of agreed upon insurance for your home (minus any applicable deductible).
Purchase Optional Replacement Cost coverage and get a settlement that reflects the cost to replace the damaged items with new property of comparable material and quality, without any deduction for depreciation.
You can receive up to 25% of the insured amount, to replace your home where available.
This brief summary is not a policy document. Please read the actual policy documents for your state for important details on coverages, exclusions, limits, conditions and terms. If there is any conflict between this summary and the policy documents, the policy documents will control. Not all products and discounts are available in every state.