Outstanding coverage begins at home

Home coverage from The Hanover

The Hanover offers home insurance with flexible coverage packages. Support your customers, now and in the future, with Platinum and Prestige packages that cover their specific insurance needs beyond the basics. These protection options can be shaped with an array of available endorsements, for home, auto and more.

For customers needing only a homeowners policy, we offer Connections coverage.

 

Hanover Platinum

Hanover Platinum is a product designed to help attract and retain customers with high quality expectations of their insurance program. These customers enjoy the benefits of packaging all of their personal insurance needs into a single account, as well as excellent coverage protection, a single account bill, one effective date, world-class claims service, digital tools and more. Platinum home coverage can include: 

  • Extended dwelling replacement cost
  • Personal property replacement cost
  • Personal belongings 75% of Coverage A
  • Refrigerated products
  • Lock replacement
  • Waiver of deductible
  • Fire extinguisher replacement/recharge
  • Siding and/or roof restoration coverage
  • Water backup
  • Personal injury
  • Identity protection program
  • Service line

Learn more about Hanover Platinum

Hanover Prestige

Hanover Prestige is The Hanover's distinctive brand of personal insurance options for your customers with higher-value homes and autos. Available to customers with home replacement cost values starting at $750K, Hanover Prestige home coverage can include:

  • Guaranteed replacement cost plus—provides the added benefit of a cash-out option
  • Flexible property limits
  • Loss of use—actual loss sustained
  • Jewelry, watches, furs—$10K
  • Loss assessment—$50K
  • Ordinance or law coverage—100% of Coverage A
  • Debris removal—reasonable expense
  • Loss mitigation expense coverage—$2,500
  • Service line coverage—$20K
  • Water backup and sump pump overflow— $25K with options available up to Coverage A
  • Deductible waiver for large loss—included when loss exceeds $50K

Learn more about Hanover Prestige

 

Select

Select

Our Select coverage includes basic level coverage and the four additional coverages listed below. In addition, higher policy limits apply to many coverages.

  • Extended dwelling replacement cost—covers additional costs when the loss is more than the policy’s limit
    • Helps cover spikes in rebuilding labor and material costs
    • Helps ensure replacement of materials with like/kind and quality
  • Personal property replacement cost—covers damaged, destroyed or stolen property with no deduction for age or condition
  • Refrigerated products—covers food spoilage in a refrigerator or freezer due to loss of power
  • Lock replacement—covers replacement of external locks when keys are stolen

Select Plus

Select Plus

Select Plus has all the coverages of the Select option, adds two important coverages and increases policy coverage limits for several additional coverages.

  • Water back-up and sump overflow—covers up to $10,000 for losses and clean-up cost that result from water backing up through sewers or drains or sump overflows
  • Identity protection program—provides proactive and restorative services as well as reimbursement for legal fees, document duplication, mailing costs and more

Select Premium

Select Premium

Select Premium is designed for the well-established homeowner. It goes beyond Select Plus with even more coverages and policy payment limit increases such as an additional $15,000 of coverage for water back-up and sump overflow losses totaling $25,000 in coverage.

  • Waive deductible—removes the deductible when the loss to an insured's home exceeds $50,000
  • Special personal property coverage—covers the insured against all but specifically named causes of loss (such as freezing, wear and tear, smog, rust and corrosion, release or escape of pollutants) and broadens some policy payment limits. Covers:
    • Misplacing or losing firearms, jewelry, and silverware
    • Breaking fragile items not covered in standard policies
    • Damage resulting from earth movement not associated with earthquakes

Select Premium Extra* 

Select Premium Extra* 

  • Guaranteed replacement cost to ensure we rebuild an insured's house with materials and craftsmanship of like kind and quality in the event of a covered loss
  • Increased loss of use limit to the actual loss sustained during a coverage period up to 24-months from the time of loss
  • Debris removal coverage up to 100% of the limit that applies to the damaged property
  • Ordinance or law coverage up to 100% of the Coverage A limit, provides coverage to meet current building codes, pay permit fees, engineering fees, and other specified fees.

* Optional coverage may be added for an additional premium.

 

Coverage not available in all states and limits may vary. Please refer to your agent guides for more details.  

 

The Hanover offers the following homeowners policy premium credits in most states:

  • Credit for newly built homes
  • Group discount
  • Safety and security devices
  • Account or multi-policy credit
  • Non-smoker discount

In addition, customers who bundle their home and auto with a Platinum or Prestige package benefit from a total account discount. 

 

Product offering

Hanover Platinum

Hanover Platinum is a product designed to help attract and retain customers with high quality expectations of their insurance program. These customers enjoy the benefits of packaging all of their personal insurance needs into a single account, as well as excellent coverage protection, a single account bill, one effective date, world-class claims service, digital tools and more. Platinum home coverage can include: 

  • Extended dwelling replacement cost
  • Personal property replacement cost
  • Personal belongings 75% of Coverage A
  • Refrigerated products
  • Lock replacement
  • Waiver of deductible
  • Fire extinguisher replacement/recharge
  • Siding and/or roof restoration coverage
  • Water backup
  • Personal injury
  • Identity protection program
  • Service line

Learn more about Hanover Platinum

Hanover Prestige

Hanover Prestige is The Hanover's distinctive brand of personal insurance options for your customers with higher-value homes and autos. Available to customers with home replacement cost values starting at $750K, Hanover Prestige home coverage can include:

  • Guaranteed replacement cost plus—provides the added benefit of a cash-out option
  • Flexible property limits
  • Loss of use—actual loss sustained
  • Jewelry, watches, furs—$10K
  • Loss assessment—$50K
  • Ordinance or law coverage—100% of Coverage A
  • Debris removal—reasonable expense
  • Loss mitigation expense coverage—$2,500
  • Service line coverage—$20K
  • Water backup and sump pump overflow— $25K with options available up to Coverage A
  • Deductible waiver for large loss—included when loss exceeds $50K

Learn more about Hanover Prestige

 

Home coverage resources

The Hanover offers homeowners coverage resources for you and your customers. You can access our library of ready-to-use marketing materials for agents on TAP Marketing.

Open TAP Marketing


Market value vs. replacement cost infographic

This infographic helps customers understand their home's replacement cost and helps explain the difference between market value and replacement cost.

Download now

Resources for you

Use these pieces to learn more about The Hanover's homeowners coverage offering. Find more agent resources in TAP Marketing.

Identity protection overview [PDF]

Market value vs. replacement cost infographic [PDF]

Platinum move a home information sheet [PDF]

Prestige agency brochure [PDF]

Home business solutions [PDF]

Cyber protection fact sheet

 

 

 

Questions about home coverage?

Contact your underwriter for more information.