The Dwelling Fire Owner ( or, in the insurance world, DF3-DO) policy is an "a la carte insurance policy" because it offers more flexibility than a standard homeowner insurance policy. Despite the name, this policy has the option to cover more than fires. A Dwelling Fire Owner policy provides coverage for an owner-occupied home or condo unit. The Dwelling Fire Owner policy has a variety of optional coverages that you may choose to include. A few examples of the optional coverages available in this program are personal property replacement cost, ordinance or law, theft, liability, and medical payments coverage.
Your insurance agent can provide a complete list of the coverage options available in this program. So, you can make the coverage selections that best suit your insurance needs.
We also offer Dwelling Fire insurance for landlords of homes (e.g., single-family homes) and condo units.
Many coverages have a minimum and maximum coverage amount (commonly referred to as "coverage limit"). Each of the coverage tabs below provide a basic overview of the coverage and the applicable coverage limits that allow you to customize your policy to best suit your needs.
A Dwelling Fire Owner policy provides coverage for damage to the structure—your home—in the event of a covered loss. Coverage A includes replacement cost for covered losses. This means that the structure of your home is valued using today's construction costs to rebuild or repair your home, which is not the same as the real estate value of your home.
Homes with an older roof that may not be eligible for a standard Homeowners Insurance policy could be eligible for a Dwelling Fire Owner policy because the Dwelling Fire program has an Actual Cash Value Roof Loss Settlement endorsement that can be added to the base policy.
Dwelling (Coverage A) Limit: $125,000 - $1,000,000
Our Dwelling Fire Owner policy provides coverage for “other structures” located on the residence premises. For example: a detached garage or an in-ground swimming pool may be considered an “other structure”. Additional coverage is also available for pool enclosures.
Other Structures (Coverage B) Limit: 1% - 20% of Coverage A
Coverage C provides coverage for your personal belongings. Some examples of the contents you may elect to cover are furniture, clothing, jewelry, television, stereo, and appliances.
Personal Property (Coverage C) Limit: $0 - $250,000
Optional replacement cost coverage for your personal property allows you to replace or repair items that were damaged or destroyed based on current market prices. Without this coverage, your items will be valued at actual cash value (ACV), which is generally less than the cost of a brand new item. ACV is more like the price you'd see at a garage sale. We recommend purchasing replacement cost coverage for your belongings.
If your home becomes uninhabitable due to a covered loss, our Dwelling Fire Owner policy provides coverage for the additional living expenses you and your family incur while you are living away from your home. This includes costs for a place to stay, food, and clothing.
Coverage D & E Limits: 10% of Coverage A
Tip: Make sure you keep all your receipts.
In the event of a covered loss, we provide a pre-paid debit card that you can begin using right away to cover those additional, unexpected expenses. This eliminates the hassle of having to deposit a check and will allow you to withdraw the cash you need immediately upon activation. This is one of the many solutions we've put in place to improve the customer experience with Security First Insurance.
This coverage provides protection if someone were to file a lawsuit against you, claiming you caused them bodily injury or damaged their property. Liability can protect you in situations that may be unforeseen, such as a friend twisting their ankle on a loose step. Liability coverage also covers certain defense costs—even if the lawsuit filed against you is false, groundless or fraudulent.
Personal Liability (Coverage L) Limits: $0, $100,000, $200,000, $300,000, or $500,000
This coverage is paired with Personal Liability coverage to provide medical expense coverage to others (not living at your residence) who are injured on your property, or who incur injuries resulting from your personal activities.
Medical Payments (Coverage M) Limits: $0, $1,000, $2,500, or $5,000
Many coverages have a minimum and maximum coverage amount (commonly referred to as "coverage limit"). Each of the coverage tabs below provide a basic overview of the coverage and the applicable coverage limits.
Remember: Your condo association's insurance policy does not provide coverage for the interior of your unit and personal property. It is your responsibility to repair or replace your flooring, appliances and other interior features.
This is coverage for property which is specifically your responsibility under your Condo-Owner’s Association Agreement. This includes items of real property permanently affixed to the unit that are not covered by the association's policy, such as flooring, and drywall.
Coverage A Limit: $25,000 - $150,000
This is coverage for your personal belongings located on or off your residence premises. Coverage C also provides coverage for your guest's personal property when items are located on the residence premises.
Coverage C Limit: $15,000 - $200,000
Optional replacement cost coverage for your personal property allows you to replace or repair items that were damaged or destroyed based on current market prices. Without this coverage, your items will be valued at actual cash value (ACV), which is generally less than the cost of a brand new item. ACV is more like the price you'd see at a garage sale. We recommend purchasing replacement cost coverage for your belongings.
If your condo becomes uninhabitable due to a covered loss, our policy provides coverage for the additional costs you or your family incur while you are living away from your condominium unit. This includes costs for a place to stay, food, and clothing.
Coverage D & E Limits: 10% of Coverage A
Tip: Make sure you keep all your receipts.
In the event of a covered loss, we provide a pre-paid debit card that you can begin using right away to cover those additional, unexpected expenses. This eliminates the hassle of having to deposit a check and allows our customers to withdraw cash immediately upon activation. This is one of the many solutions we've put in place to improve the customer experience with Security First Insurance.
This coverage provides protection if someone were to file a lawsuit against you, claiming you caused them bodily injury or damaged their property. Liability can protect you in situations that may be unforeseen, such as a friend twisting their ankle on a loose step. Liability coverage also covers certain defense costs—even if the lawsuit filed against you is false, groundless or fraudulent.
Premises Liability is only available on Limited Liability for Corporation, Estates, and Trust for a Dwelling Fire Owner policy. Premises Liability provides the same coverage as personal liability for the insured structure.
Coverage L Limits: $0, $100,000, $200,000, $300,000, or $500,000
This coverage is paired with Personal Liability coverage to provide medical expense coverage to others (not living at your residence) who are injured on your property, or who incur injuries resulting from your personal activities.
Coverage M Limits: $0, $1,000, $2,500, or $5,000