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Foremost's program is designed to accept risks that do not qualify in the standard market. There are two homeowners policies.
Foremost Classic CL is similar to a California Homeowners policy (Form HO-3). It offers Comprehensive coverage, Replacement Cost settlement on the dwelling and other structures, and Named Peril coverage and Actual Cash Value settlement on Personal Property. In order to qualify for a Foremost Classic CL policy, a risk must meet at least one of the following criteria:
- Customers with losses
- Customers who have been cancelled, declined or non-renewed
- Properties located in Fire Protection Classes 9 or 10
- Customers with problem animals (with animal liability exclusion)
- Log homes or adobe homes
- Customers with trampolines (with trampoline liability exclusion)
- Customers who have had a lapse in coverage
- Homes with a wood stove or auxiliary heating systems
- Seasonal or secondary properties, including unsupported seasonals
- Properties with business or farm activities
- Homes under construction
- Homes with a wood roff
Foremost Classic ACVwas designed for customers who want Comprehensive coverage, but whose homes don't qualify for a Replacement Cost policy. A Foremost Classic ACV policy offers Comprehensive coverage on the dwelling and other structures, and Named Peril coverage on personal property. The dwelling, other structures and personal property have Actual Cash Value settlement.
Please contact your representative for more information about this valuable coverage.
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∙ 12y ago
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If you have a classic car that is not covered and it cause a fire and burns your home Will it be covered by the homeowners policy?
Yes, Your homeowners Insurance Policy will cover fire damage to your home.AnswerYou better contact your insurance agent on that one.
Is a homeowners policy a multiline policy?
No, Homeowners policies are considered Mono-Line
Does a homeowners insurance policy have to have the name of the current owners on the policy?
Yes, of course. The current owners on the policy have to pay for the insurance policy, This is why this policy states that it is a homeowners policy.
Will AAA homeowners insurance policy cover overflow of water from sink?
No. This is not a covered cause under a homeowners policy. This is something that was caused by the homeowners neglect which is not covered under the terms of the policy.
Does homeowners insurance cover demolition?
Yes. That is covered on a homeowners policy.
Does a standard homeowners insurance policy cover the death of the insurer?
No, Homeowners Insurance does not provide the coverage of a life insurance policy.
What does homeowners insurance cover?
The basic structure of a homeowners policy looks like this:
What percent does one get on stolen goods on homeowners policy?
The answer depends on the policy.
Does homeowners cover removal of honeybees?
No. Damage from insects would not be covered on a homeowners policy.
Will homeowners insurance cover university student?
A homeowners insurance policy will cover the interests of the named insured on the policy. It does not matter if the insured is a student or not.
Does homeowners cover a murder of a person on the policy?
Homeowners insurance does not generally cover the murder of a person listed on the policy. For that, you need life insurance.
What does ho-4 mean on homeowners insurance?
Ho4 means it's a renters policy ho3 is a homeowners policy ho6 is a condo policy dp3 is a rental property (landlord coverage)
