Real Estate Owned (REO) Property

The REO program that allows you to select the coverages you want, the limits you need and the deductible you prefer.

Benefits and options:

• Wide Eligibility - accepts all types of residential and commercial properties including mobile and manufactured homes, available business contents coverage
• All-risk - coverage with limits available up to $5M per location at competitive rates
• Replacement Cost - claim settlement with certain exceptions, no depreciation adjustments
• Includes Wind Coverage - even in coastal areas and for named storms
• Offers 3 Flood Options:
  $25,000 per property with $2M annual aggregate
  $250,000 per residential and $500,000 per commercial property; or $1M per porperty location
• Deductible - options from $250 up to $100,000 (special Wind deductibles apply)
• Available Earthquake - coverage except Alaska and California
• Available General Liability - limits up to $1M each occurrence; $2M general aggregate
• Available Vacant Land Liability - coverage
• Available Independant Contractor Liability - limits of $50,000 and $100,000