When it comes to protecting your home, having the right coverage matters.
At Ovation Home Insurance Exchange, we know our members may need more specialized coverage and increased limits for their personal property and so we offer three different home insurance coverage add-ons: Plus, Gold, and Platinum Premium Packages.
Ovation Home's three Premium Packages are tiered to provide homeowners with tailored protection to fit their needs with enhanced home insurance coverage add-ons.
Understanding Ovation’s Premium Packages
Plus Package: The Plus Package offers essential home insurance coverage add-ons for your house and belongings. This is a balanced option for homeowners seeking higher limits for personal property and extended protection for valuable items.
Gold Package: A step up from the Plus Package - the Gold Package delivers enhanced protection with expanded limits and additional benefits such as broader Personal Injury coverage. This home insurance coverage add-on is ideal for homeowners who want more comprehensive insurance.
Platinum Package: For those seeking top tier coverage, the Platinum Package delivers first-rate protection, offering the highest coverage limits. It is designed for homeowners with high-value properties and assets requiring superior protection.
What is Covered in Each Premium Package Category
Money:
This category includes money, bank notes (cash), bullion, gold other than gold-ware, silver other than silverware, platinum, coins, and medals.
While you were out of the house, someone broke in and stole some cash from your safe along with some of your other belongings, like your TV and computer. The TV and computer would be insured under Coverage C (Personal Property). With proof, your Ovation Home insurance policy may cover up to $200 of the stolen cash but with one of the premium packages it could be covered up to $500.
Credit Card, Fund Transfer Card, Forgery and Counterfeit Money:
This category covers loss resulting from theft or unauthorized use of credit cards, fund transfer card, forgery or alteration of checks, and receiving counterfeit money.
You sent a check and a congratulations card to your grandchild and found the check was cashed but not by your grandchild. Sometimes your financial institution’s policy may cover this fraudulent activity, but it’s not guaranteed. With the forgery coverage included in the premium packages, you could be protected for up to $1000.
Jewelry/Furs
This home insurance coverage add-on covers jewelry, watches, furs, and precious and semi-precious stones with no single item exceeding $1,500.
During a once in a lifetime winter storm with a record of 8.9 inches of snow in the Panhandle, the weight of the snow caused the ceiling closet to collapse, and your fur coat was damaged. Thankfully, it is repairable and with the jewelry and fur coverage in premium packages, that cost might be covered up to $1,500.
Personal Liability
Personal Liability Coverage protects you if you or someone in your household are legally responsible for bodily injury to others or damage to their property. This coverage can also help pay for legal expenses if you are sued. This increase in coverage would help protect you (and your wallet) from any accidental injury or damage. In addition, the extra $100,000 provided by the Premium Package together with your policy coverage of $400,00 will help you reach the $500,000 liability coverage sometimes required by Umbrella policies.
Coverage F - Medical Payments to Others
Coverage F, Medical Payments to Others, pays for reasonable medical expenses for people not residing in your household, who are accidentally injured on your property.
The neighborhood children are playing with your kids at your house and one of the children is accidentally injured. The child and their parents rush off to see the dentist and have the tooth repaired. Even though it was an accident, medical and dental bills can rise rapidly and since it happened in your house, having additional coverage for medical payments to others (Coverage F) can help with those costs.
Water Back-up and Sump Discharge or Overflow
The homeowners policy does not provide coverage for direct physical loss resulting from water which backs up through sewers or drains or which overflows or is discharged from a sump pump.
One of the things a homeowner never wants to see is water coming into the house from the drains of the bathtub, shower, sink, and toilet. This water could contain sewage and other contaminants and really cause some damage to your flooring, walls, and fixtures. With water back-up and sump discharge home insurance coverage add-on found in our Platinum packages, our members would have up to $5000 of direct physical loss covered.
Please note: You may also obtain the Water Back-Up and Sump Discharge or Overflow coverage via a single endorsement for just $25 a year.
Choosing the Right Plan
Ovation Home Insurance Exchange’s reasonably priced Plus, Gold and Platinum Premium Packages make it easy and affordable to obtain additional home insurance coverage add-ons and protect your possessions and wallet.
At Ovation Home Insurance Exchange, we understand that every home is unique. Whether you are looking for essential coverage, added benefits, or comprehensive protection, our package options ensure that your insurance plan is as personalized as your lifestyle.
Interested in learning more about a policy with Ovation Home Insurance Exchange or upgrading your existing coverage? Contact your agent or get a quote from our website today.