Homeowners

Product Information

Protection and Peace of Mind

At First American, we know how important your home is. When a disaster strikes, you will have the security of knowing your house is backed by an insurance services leader with more than a century of experience. You can customize your policy to fit your needs, and we have many coverage options available from basic homeowners coverage to guaranteed replacement cost for high value homes.

When you combine your auto and home policies with First American, we will give you a 25% multi-policy discount. If you home is less than 14 years old, you may be eligible to receive up to a 35% discount off your premium.

With superior customer service and claims handling, our commitment to quality has earned First American Property and Casualty Insurance Group an “Excellent” (A) rating from A.M. Best rating service.

Coverage

With a First American Homeowner’s Policy, you will have a comprehensive package of protection for your property. Your policy will cover:

  • Your home and other structures (detached garage, shed, etc.)
  • Your personal property
  • Replacement Coverage on personal property, which means we will pay for your belongings without deducting for depreciation
  • Valuables like jewelry, fine art, or other collectibles, as scheduled by you
  • Personal Liability to protect you in the event someone is injured on your property. This coverage follows you wherever you go and includes the cost of legal representation
  • Loss of use coverage for extra expenses you incur, such as renting an apartment if you are temporarily unable to occupy your home

Enhancement Plus

With additional coverage in Enhancement Plus, you get:

  • 125% Replacement cost for your dwelling
  • 20% More personal property coverage
  • 100% Replacement coverage on personal property
  • Additional coverage and limits are increased on two valuable types of property
  • Identity Fraud Expense Coverage (applies to certain states)

Eagle Premier

With additional coverage in Eagle Premier, you get:

  • 150% Replacement cost coverage on your dwelling in the event of a total loss
  • 20% More personal property coverage
  • 100% Replacement coverage on personal property
  • Additional coverage and limits are increased on nine types of valuable property
  • Identity Fraud Expense Coverage (applies to certain states)
  • 10% more coverage to bring your home up to code in the event of a total loss

Eagle Platinum

With the added protection of Eagle Platinum, your high value home will have:

  • Guaranteed replacement cost coverage on your homes
  • Replacement cost coverage for personal property
  • More coverage for your business property
  • Additional coverage for jewelry, watches, and furs
  • Extended coverage for Silverware, Goldware, and Pewterware

Discounts

Save money when you utilize First American Discounts. Discounts are available for:

  • Multi-policy discount of 10% when you combine your homeowners coverage with your auto, condo, or renters policy
  • New home credit with a discount up to 35%
  • Fire Alarm and Sprinklers in your home
  • Higher deductible to add additional savings to your annual premium
  • Loyalty credit if you are a valued First American customer for more than a year

Flood Insurance

Most homeowners do not realize a few inches of water from a flood can cause thousands of dollars in property damage. During the last 4 years, the average residential flood claim was almost $40,000 in property damage. Protect your property from a huge financial loss by purchasing flood insurance.

Flood insurance is available to various types of property owners, and protection includes: homeowners, renters, condo, and landlord/rental property owners.  The cost for a flood insurance policy depends on how much insurance you purchase and the risk profile of your property.

Flood insurance provides coverage for the building and personal property, but personal property coverage is optional, so consult your local insurance agent.  Please note…There is a 30-day waiting period from the day you purchase flood insurance until the policy goes into effect, so plan accordingly.

Definition of a Flood

The National Flood Insurance Program defines a flood as:

“A general and temporary condition of partial or complete inundation of two or more acres of normally dry land area or two or more properties (at least one of which is the policyholder’s property) from:

Overflow of inland or tidal waters; or Unusual and rapid accumulation of runoff or surface waters from any source; or Mudflow; or Collapse or subsidence of land along the shore of a lake or similar body of water as a result of erosion or undermining caused by waves or currents of water exceeding anticipated cyclical level  that result in a flood as defined above.”

The best way to protect your property and personal possessions resulting from a flood is to understand how flood insurance works and what it covers.

Flood Insurance Coverage

Flood insurance can provide coverage for the building, personal property, or a combination of both. If you are a homeowner, you should purchase both building and personal property coverage.  If you are a renter, you may want to purchase personal property coverage since you are not responsible for the insuring the building.

Flood Zones

Coverage is determined by the location of your home, and if your home is in a flood zone.  Flood zones are areas determined by government studies which track how floods have affected or changed specific areas over the last 100 years.  The studies are charted by zones on government flood maps, and flood zone maps are updated when major floods change flood zone areas.

Where can I purchase Flood Insurance?

Flood insurance rates are set by the government, and the cost for your flood insurance policy will vary depending on the flood risk/potential in your area. Other factors that affect the cost of your flood policy are: year your home was built, amount of coverage you purchase, and the deductible amount you select. For more information about flood insurance, please contact your local agent.