Ask the Experts.
Policies we offer cover properties in Massachusetts, New Hampshire and Maine. Sullivan Insurance is a solid company to help you insure your largest investment.
TYPICAL HOME INSURANCE COVERAGE'S
Protect What Matters Most
Coverage A covers the value of the dwelling itself (not including the land). Typically, a coinsurance clause states that as long as the dwelling is insured to 80% of actual value, losses will be adjusted at replacement cost, up to the policy limits. This is in place to give a buffer against inflation. HO-4 (renter’s insurance) typically has no Coverage A, although it has additional coverage for improvements.
Covers a variety of expenses such as debris removal, reasonable repairs, damage to trees and shrubs for certain named perils (excluding the most common causes of damage, wind and ice), fire department changes, removal of property, credit card / identity theft charges, loss assessment, collapse, landlord’s furnishing, and some building additions. These vary depending upon the form.
Coverage B covers other structure around the property that are not used for business, except as a private garage. Typically limited at 10% to 20% of the Coverage A, with additional amounts available by endorsement.
In an open perils policy, specific exclusions will be stated in this section. These generally include earth movement, water damage, power failure, neglect, war, nuclear hazard, septic tank back-up expenses, intentional loss, and concurrent causation (for HO3). The concurrent causation exclusion excludes losses where both a covered and an excluded loss occur. In addition, the exclusion for building ordinance can mean that increased expenses due to local ordinances may not be covered. A 2013 survey of Americans found that 41% believed mold was covered, although it is typically not covered if the water damage occurs over a period of time, such as through a leaky pipe.
Coverage C covers personal property, with limits for the theft and loss of particular classes of items (e.g., $200 for money, banknotes, bullion, coins, medals, etc.). Typically 50 to 70% of coverage A is required for contents, which means that consumers may pay for much more insurance than necessary. This has led to some calls for more choice.
Flood damage is typically excluded under standard homeowners and renters insurance policies. Flood coverage, however, is available in the form of a separate policy both from the National Flood Insurance Program (NFIP) and from a few private insurers. 
Coverage D covers expenses associated with additional living expenses (i.e. rental expenses) and fair rental value, if part of the residence was rented, however only the rental income for the actual rent of the space not services provided such as utilities.
Coverage E covers damages which the insured is legally liable for and provides a legal defense at the insurer’s own expense. About a third of the losses for this coverage are from dog bites.
NEED RENTERS INSURANCE?
*Motor vehicle accidents with excessive physical damage, bodily injuries, or death.
Read more.. *Slip and fall accidents on your property
*Swimming Pool Accidents
*Physical damage or bodily injury caused by your dog
*Slander, libel, and defamation lawsuits
*Judgments that exceed the limits of your auto or home policies
Need Other Insurance?
Let Sullivan Insurance Help You!
Click On The Icon Below!
Fill in the information below and we’ll call you and discuss the information we need to provide a quote.
Mark was very helpful when I sent in my auto quote request by showing me online the information required by my carrier. He helped me fill out the information and was able to get a quote quickly. Now I have been with Sullivan for more than 5 years! Great Customer Service
I had a number of things that I needed to review in my homeowners policy and better understand. There had been a couple of changes to my home and I purchased a boat and wanted to make sure all these things were covered. Peter took the time to review the details with me and redid the policy. I couldn’t have done it alone. Thank You Sullivan Insurance
Having a business comes with a lot of risk. I met with Sullivan Insurance and they provided a free consultation and presented all the options my business would need and by the end of the meeting I was sure and confident in the direction I needed to take and signed before I left. Relief!
I’m getting older –now over 60--and I realized a life insurance policy would be good to have for me and my family. I read the options on websites but it was so helpful to have someone go thru the details with me. I filled out a quote form and sent it to Sullivan Insurance and got a call to review the details. Within a day they got back to me, verified the details we has wanted and I signed. Simple as that.