Types of coverage: Home
Fine homes deserve special treatment
The ACE Platinum Portfolio recognizes that fine homes often have unique features and high quality furnishings that require special treatment not found in standard industry policies. To ensure the proper level of protection, our Home policy includes many benefits, such as:
- Full replacement cost on your home. We promise to pay the full cost of having your home and other structures on your property rebuilt after a covered total loss, even if the amount exceeds the limit in your policy.
- Replacement cost for contents. We do not apply depreciation to furniture, clothing, and your other possessions. Buy new replacements of similar type and quality, and we will reimburse you.
- Cash settlement option. If you decide not to rebuild your home after a covered total loss, you can choose to receive a cash settlement up to your policy limit.
- Broad coverage. We automatically include coverage for identity fraud, kidnap and ransom, home banking records, mortgage re-negotiation, land restoration, and personal computers and computer records. We can also provide extra coverage for losses due to flood.
- Rental property option. If you rent a property you own to someone else, you have the option to insure only the structure and not the contents.
To learn more, please contact one of the independent agents or brokers that represent us. Click on Find an Agent to locate one near you.