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Homeowners and Dwelling

Wildfire damage has increased significantly over the past 35 years, going from 2 million to 8 million acres burned each year

Ensure your clients have the right protection for their properties. With risks ranging from fire and water damage to catastrophe and liability losses, it is important that your clients are covered.

Burns & Wilcox provides access to a variety of Homeowners Coverage solutions when standard markets are no longer an option due to a broad spectrum of hard-to-place exposures.

Coverage Details and Features

  • Personal Liability and Umbrella Coverage available
  • Underwriters with in-house authority
  • Personal Cyber Coverage on primary homes
  • Replacement cost for contents
  • Water backup
  • Limited mold endorsements
  • Form 3 Coverage with replacement cost and extended replacement cost

Target Classes

(including but not limited to)

  • High-Value homes
  • Homes with minor maintenance issues
  • Homeowners with financial instability
  • Homes with claims history
  • Homes under construction and renovation
  • Unsupported secondary homes and rental properties
  • Homes located in protection class 9-10
  • Homes in brush, wind and earthquake zones
  • Lower value

Ask an Expert

When should an agent or broker recommend a dwelling fire policy to a client?
Dwelling fire policies are designed for properties that are tenant-occupied, vacant or under construction, including rental and seasonal homes. Since vacant and seasonal properties are not under constant supervision, they are inherently more susceptible to greater losses, like acts of vandalism or broken pipes, and a dwelling fire policy helps supplement the increased risk.
What does dwelling fire insurance cover?
Despite its name, dwelling fire coverage is not limited to fire protection. And unlike homeowners insurance, which is offered as a package, dwelling fire policies are offered a la carte-style, so an agent can help clients customize and tailor coverage to their specific needs. Dwelling fire policies cover losses related to perils like fire, smoke damage, hail, wind and vandalism. We most often receive inquiries on behalf of landlords, owners of property under construction or renovation and seasonal homeowners.
What are some key considerations for an agent selling a dwelling fire policy to a client?
It’s important for agents to check in regularly with clients on the status of their properties to see if circumstances have changed that would call for dwelling fire coverage. For example, if a client moves from Atlanta to Chicago and their former house is still on the market, they would need to insure it through a dwelling fire policy because homeowners insurance may no longer cover the vacant property. Dwelling fire policies also do not include the guaranteed replacement cost clause that is part of many homeowners insurance policies. So, in the event of a total loss, the cost of a new home may not be fully covered.

At Burns & Wilcox our expertise becomes your expertise. Our marketing materials are designed to help you give your clients what they want to hear – yes to almost any hard-to-place-risk.

$4,041

Single Family Dwelling, HO3 Coverage A, Excelsior, MN

$3,540

Single Family Dwelling, HO3 Coverage A, La Quinta, CA

$11,746

Single Family Dwelling, HO3 Coverage A, Ramona, CA

$4,343

Single Family Dwelling, HO3 Coverage A, Dana Point, CA

$2,318

Single Family Dwelling, HO3 Coverage A, Lake Arrowhead, CA

$3,387

Single Family Dwelling, HO3 Coverage A, Del Mar, CA

$4,086

Single Family Dwelling, HO3 Coverage A, Laguna Beach, CA

$5,300

Single Family Dwelling, HO3 Coverage A, Truckee, CA

$17,667

HO3 Single Family Dwelling

$2,900

HO3 Single Family Dwelling

$3,030

HO3 Single Family Dwelling

$4,280

DP3 Single Family Dwelling

$3,468

HO3 Single Family Dwelling

$2,300

HO3 Single Family Dwelling

$5,507

PC9 Builders Risk

Applications for this product may vary. Please click below to find the office nearest to you for assistance.

Office Locations