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We are pleased to offer you the following quote for your renters insurance policy.  This quote is for people who rent an apartment or house in South Dakota.

We represent an insurance company who offers this coverage at an annual premium of $TotalPremium$

The premium is based on the information you provided when we talked to you about your renters insurance.  

The premium is based on your residence located in the city limits of $fireCity$.  This quote is also based on no wood burning stove in your rented house or apartment.   

The coverage and limits in our program are as follows:

Personal Property Limit:  $DollarValueC$.

Deductible on Property Coverage:  $dollardfded$.

Loss of Use: $LossOfUse$

Personal Liability Limit: $dollarliab$.

Medical Payments Coverage: $1,000.

RENTERS INSURANCE COVERAGE EXPLAINED

A  Renters Policy is a package type of policy, which means that it includes protection against several types of losses.

Our policy includes coverage for the following items. These are our own definitions. The actual policy itself should be read for exact coverage, definition, and exclusions.

THE PERSONAL PROPERTY

Your personal property like clothing, beds, chairs, television, stereo, etc. are covered. These items have been quoted on a replacement cost basis. 

This means that losses to your personal property are insured for replacement value with no deduction for depreciation. As an example, if your television is destroyed in a fire, the policy will replace the television with a new one of equal quality and features.

Your personal property is covered for a total replacement cost value up to $DollarValueC$.

THE PERSONAL PROPERTY ITEMS WITH LIMITS

Certain personal property has specified limits of coverage, and to increase the limits, additional premium is charged.

The following items and limits should be checked by you and values increased if needed:

1. $200 limit for money, bank notes, bullion, gold, silver, coins, and metals.

2. $1500 limit for electronic apparatus, securities, passports, tickets & stamps.

3. $1500 limit for watercraft, including their trailers, furnishings, equipment, and outboard motors.

4. $1500 limit for trailers not used with watercraft.

5. $1500 limit for loss by theft of jewelry, watches, furs, precious and semi-precious stones.

6.  $2500 limit for loss by theft of firearms.

7.  $2500 limit for loss by theft of area rugs, silverware, goldware, pewterware, or other items that are metal plated.

8.  $2500 limit for property on your premises, used at any time or in any manner for any business purpose.

9.  $2500 limit on computers, computer equipment and Collector items.

10.  $500 limit on cameras & video recording equipment.

THE PERILS YOU ARE INSURED FOR

Your personal property is insured with a broad form homeowners policy. The policy covers your property against loss caused by the following:

Fire or Lightning, Windstorm or Hail
Explosion, Riot or Civil Commotion
Aircraft, Vehicles, Smoke
Vandalism or Malicious Mischief
Theft or Attempted Theft
Falling Objects, Weight of Ice, Snow or Sleet
Sudden and accidental cracking, burning, or bulging of heating or air conditioning systems.
Freezing of plumbing, heating, air conditioning systems.

Your policy will have a $dollardfded$ deductible for each loss you may have on the property coverage.

THE LOSS OF USE

In the event you could not live in your home or apartment, after an insured peril occurs, we offer payment of temporary living quarters while you are waiting for repair work to be completed. You would also have necessary increased expenses for food and laundry paid for as well. The maximum limit of this coverage is $LossOfUse$

FAMILY PERSONAL LIABILITY

Our Homeowners policy also covers claims for bodily injury or property damage for which you are legally responsible. This normally excludes auto and business related claims. This policy also excludes any claims caused by animals you own or under your control.

You would be covered up to $dollarliab$ for each accident that happens during the year.

Examples would be:

You injure someone in a hunting accident
Your child breaks someone else's window with a baseball
Someone is injured in or around your home or apartment

This part of the policy also provides defense at the insurance company's expense for lawsuits brought against you, even if that suit is groundless, false, or fraudulent.

This policy excludes all animal related liability claims like dog bites.  If you have animals, give us a call.  In some cases we can add animal liability for a premium of $13 per year for $100,000 of coverage and $27 for $300,000 of coverage.

MEDICAL PAYMENTS COVERAGE

Another coverage included is for medical payments to a non-policy holder. Medical payments can be made to others up to a $1,000  limit per person. This will often prevent going to court to see whose "fault" it was. The amount paid to others will cover many minor accidents, regardless of who was responsible.

SUMMARY

Thank you for reviewing our renters insurance quotation.

TOTAL PREMIUM QUOTED IS $TotalPremium$ FOR A ONE YEAR TERM.

Please call us at $AgencyPhone1$ to purchase the policy.

Sincerely,

 

$Producer$
$ProducerEmail$.

 

Date quoted:  $today$
Quoted by:  $EmployeeName$   Signed by:  $Producer$

$FullName$ $FullAddress$ $CityStateZip$

Phone:  $Telephone$                 Email Address: $EmailAddress$

Fidelity National Insurance Company - Renter's Policy  HO4
Prices Effective on 1-24-03
Fidelity National 1-800-849-6140

TOTAL PREMIUM IS $TotalPremium$ FOR AN ANNUAL POLICY.

Base Premium before deductible:  $ContentsTotal$
(discounts and replacement cost are based on this premium)

    Base Premium after deductible:  $ContentsTotalPremium$
                           Replacement Cost:  $ReplacementCostPremium$
                             Liability Premium: 
$famliab1$
Smoke Alarm-Dead Bolt Discount: 
-$alarmsdeadboltsdiscount$
       Auto Home Package Discount:  -
$autohomediscount$

                                  Total Premium:   $TotalPremium$

Payment options - Pay $TotalPremium$ in full for 12 months
      

         Territory quoted: Territory 1,2,3,4 all the same in South Dakota
         Subzone quoted:  Subzone 1,2,3,4,5 all the same in South Dakota

         Protection class - in the city limits of all cities with 1 through 8

Personal Property Limit:  $DollarValueC$.

Deductible on Property Coverage: $dollardfded$.

Loss of Use: $LossOfUse$

Personal Liability Limit: $dollarliab$.

Medical Payments Coverage: $1,000.

Animal liability:   $100,000 add  $13       $300,000 add $27
Liability buy back excludes many large dogs - See the manual

Jewelry:    up to $3,000    $30 minimum per year   ($250 deductible)
                              $4,000    $36
                              $5,000    $43
                              $6,000    $50
                             $10,000   $75

$FullName$ $FullAddress$ $CityStateZip$

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