Dwelling fire coverage from The Hanover
We extend the same care into protecting rental properties and second homes as we do with a primary residence.
With dwelling fire coverage, we offer a suite of options tailored to owners of income-generating properties. Our dwelling fire product features flexible coverage offerings and limits, for up to four two-unit buildings, so you can tailor each policy to your customer's needs. Plus, it's a valuable part of any total account play for customers with summer homes or rental properties.
The Hanover covers up to four two-unit properties, with liability limits that can be added to protect against expenses stemming from accidents or lawsuits.
Securing structures
- Water backup—for damage and loss resulting from water which backs up through sewers and drains, or which overflows from a sump pump
- Protection for older properties—for buildings built pre-1940, our functional replacement cost coverage the amount which it would cost to repair or replace a damaged building using materials and methods functionally equivalent to obsolete, antique or custom construction materials and methods.
- Ordinance or law coverage—for post-claim repairs that need to be brought up to current building codes
- Coverage for loss resulting from earthquakes (separate deductible applies)
- Dwelling under construction—offering protection until completion
- Other structures—extending protection to detached structures on property not used to generate income
Protecting investments
- Optional extended dwelling replacement cost—up to 125% of the Coverage A limit
- Lost rental income
- Trust coverage—protects against any liability from bodily injury or property damage that occurs on a rental property held in trust
- Theft—optional coverage, for personal items stolen from a rental property
- Personal injury—protection for events arising out of offenses as false arrest, malicious prosecution, wrongful eviction, slander or libel
Coverage not available in all states and limits may vary. Please refer to your agent guides for more details.
Available discounts
With dwelling coverage from The Hanover, your customers have access to a variety of discounts when they have safety devices in their properties, including:
- Water
- Temperature
- Fire
- Burglary, and more
Dwelling fire coverage overview
Learn about The Hanover's dwelling fire coverage for rental properties.
The Hanover covers up to four two-unit properties, with liability limits that can be added to protect against expenses stemming from accidents or lawsuits.
Questions about dwelling fire coverage?
Contact your underwriter for more information.