Homeowners
EMC’s homeowners insurance program offers replacement cost insurance—the best protection for a home. We recommend homeowners purchase insurance at 100 percent of the home’s estimated replacement cost. That way, in the event of a total covered loss, our homeowners policy provides the cost to replace your home, even if rebuilding costs go over the limit of the policy.
Your insurance agent can provide you with an accurate assessment of your home’s replacement cost value, and you should also be sure to ask about replacement cost coverage on personal property. EMC automatically adjusts the home and personal property values annually based on the most recent local inflation factor property cost indexes. Let your agent know about any renovations or improvements made to your home so the necessary adjustment can be made to your policy limit.
We Cover More than Your Home
Not only does EMC’s homeowners policy provide coverage for homes, but it
also insures other structures on the premises (such as a detached garage),
personal property, loss of use (additional living expense if you are forced
to live elsewhere for a period of time), personal liability and medical payments coverage to others.
Discounts
Various premium discounts are available to homeowners who meet certain criteria, such as:
- Protective devices – central station burglar and/or fire alarms, smoke alarm, deadbolt locks, fire extinguisher
- Other discounts – new home discount, combination policy discount (available when EMC insures both your auto and home) and discounts when a larger deductible is selected
There is a variety of optional property and liability endorsements available to provide coverage for most personal insurance needs. Your local insurance agent can help set up the insurance program that best fits your needs.
