FARMERS CONDOMINIUM OWNERS POLICY

Farmers has a Condominium Owners Package that can provide you with many special features.

• A $1,500 assessment arising from a covered peril. This can be used to pay for your share of property damage or injury awards for which your Association's policy does not provide coverage. Higher limits of $10,000, $25,000 or $50,000 are available, at extra cost.
• If your condominium unit becomes unliveable due to an insured loss, we pay for those extra costs of housing, eating expenses, etc., up to the applicable limit.
• Coverage is also provided for accidental damage to improvements you make in your unit for which your Association's policy does not provide coverage, up to $2,000 or 10 percent of your basic coverage amount. Higher limits are available.
• Farmers Condominium Owners Package Policy also provides worldwide coverage for your personal property. (Off premises, in a secondary dwelling, coverage is limited to 10 percent of basic coverage or $1,000, whichever is greater.)

Your personal property is covered against losses from:

Note: Various deductible combinations are available on most coverages, except Personal Liability.

Personal Liability Coverage Pays for bodily injuries to other people, or damage to their property, if you are liable (subject to policy limits), resulting from:

• Unintentional acts committed by qualified family members, while engaged in such activities as hunting, fishing, and other sports
• The acts of your pets
• Pays the medical expenses for other people accidentally injured through your activities, regardless of liability

Expenses

Pays expenses in a suit we defend on your behalf, such as court costs, attorney fees, investigator fees, expense of witnesses and witness fees. Also pays necessary expenses you incur at Farmers' request, including up to $60 a day for actual loss of wages. Pays the premium on appeal bonds and bonds to release attachments.

FARMERS TOWNHOUSE PROTECTOR PLUS

This Farmers package of protection is tailored to specifically meet the special needs of townhouse owners. Our Townhouse Protector Plus policy provides protection for your property, both real and personal, and provides many coverages that are usually offered optionally on other policies. With this complete package of protection, you can have peace of mind.

The following is a general description of the package and is not a policy contract. The policy itself should be read for actual coverages and exclusions.

Property

Property Covered

• Your townhouse and separate structures are covered for almost any type of damage except for a few common exclusions listed in the policy, such as wear and tear, earth movement, flood, nuclear hazard, and earthquake. Your townhouse and any attached structures, including wall-to-wall carpeting, are covered up to the limit you select. Our built-in Value Protection feature adjusts your policy limit based on current construction costs.
  Separate structures on your property (other than those used for business purposes), such as a detached garage or toolshed, are covered up to 10 percent of the amount of coverage on your townhouse.

Personal Property

Your personal property is protected for up to 75 percent of the amount of coverage on your townhouse. However, if your personal property is located at a secondary residence, such as a vacation home, the policy pays up to $1,000 or 10 percent of your personal property limit, whichever is greater.

The Townhouse Protector Plus also has higher limits on certain personal properties such as $1,000 limits on securities, manuscripts, watercrafts, stamps and trailers.

Contents replacement cost extends protection on your personal property to include the cost of repair or replacement without deduction for depreciation. This additional coverage pays the replacement cost up to four times the actual cash value of the item, but not more than the policy limit. This coverage is optional on other policies but is built in at no additional charge on this policy.

Damages

While your townhouse is covered for all causes of loss, except those specifically excluded, your personal property is covered for damages resulting only from:

Loss of Use/Additional Coverages

LOSS OF USE ... if you can't live in your townhouse after a covered loss, we cover the additional cost of living in hotels and meals while repairs are made, up to a year. This policy pays up to 50 percent of the amount of insurance on your townhouse as an additional coverage, with no deductible. Also pays for loss of rents if that portion of your townhouse/property, rented to others, is unlivable.

TREES, SHRUBS, PLANTS AND LAWNS ... pays up to an additional 5 percent of the amount of coverage on your townhouse and no more than $500 per item for a loss by Fire or Lightning, Explosion, Riot or Civil Commotion, Aircraft, Vehicles not owned or operated by any insured person, Vandalism and Theft.

Liability

Personal Liability Protection

Pays for bodily injury to other people, or damage to their property, if you are liable, resulting from:

• The use of your premises, including swimming pools. Other residential property you use as a rental can also be added.
• The acts of your pets.
• Unintentional acts committed by you or qualified family members, either on or off your premises.

Also pays medical payments for other people injured on your premises, regardless of liability, up to certain limits stated on your policy.

If you would like more information on our condominium and townhouse insurance policies or if you have any questions, please contact us.

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