For policies that began or renewed in 2015, your customer has one of the following policy types:
- Homeowners Choice offers coverage for dwelling, building code upgrades and emergency repairs. Optional coverages include personal property and additional living expenses (loss of use).
- Standard Homeowners bundles all of the coverages into one package: dwelling, personal property, building code upgrades, loss of use (additional living expenses) and emergency repairs.
- 10% or 15% Dwelling deductible.
- Building Code Upgrade coverage to bring the dwelling up to current building code while making covered repairs, $10,000 included, $20,000 optional. No deductible after the dwelling deductible has been met.
- Personal Property (belongings like TVs and furniture) – up to $100,000 with a 10% or 15% deductible.
- With Homeowners Choice, the Personal Property deductible is waived if Dwelling deductible is met.
- Standard Homeowners does not have a separate Personal Property deductible –payments for covered personal property are made when the Dwelling deductible is met.
- Up to 5% of Dwelling and 5% of Personal Property coverage is available for Emergency Repairs such as repairing broken windows or tarping a roof. The first $1,500 in Emergency Repairs has no deductible.
- Loss of Use—the additional costs to live and eat elsewhere following an earthquake—is covered up to $25,000, with no deductible.
| Dwelling||Included ||Included|
| Building Code Upgrade (Costs to bring house up to current building code while making covered repairs) || Included || Included|
| Personal Property||Optional|| Included |
|Emergency Repairs|| Included ||Included|
|Loss of Use||Optional|| Included |
2015 Policy Samples
We encourage you to read the entire CEA policy to see what is covered and what is not. Exclusions and special limits apply.
All details, limits, and conditions of CEA coverages are found in CEA insurance policies. Refer to a Sample Policy, below, for the full terms and definitions.