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Published by jsisenstein032085, 2018-09-07 13:39:52

Amy's Homeowners Manul

Amy's Homeowners Manul

H.O.P.E.

Home Ownership
Preservation Experience

Jim Rollo Insurance and Financial Services, Inc.

3130 Watson Blvd • Endicott, NY 13760 • Fax 607-754-0009

607-754-3000

1332 Upper Front St., Suite 4 • Binghamton, NY 13901 • Fax 607-217-7404

607-238-1355

Jimrollo.com

“Weatherproofing Your Dreams for the Storms of Life”

—Jim Rollo

Table of Contents H.O.P.E.

Home Ownership
Preservation Experience

MY TEAM Helpful Information
HOME Team Member Info
Home Purchase Team (Real Estate Agent, Mortgage Broker, Closing Attorney, Home Inspector)
PERSONAL PROPERTY Business Cards
LIABILITY
Xactware Estimate Identity Restoration Coverage
INCOME PROTECTION Home Quote Business in the Home
ESTATE PLANNING Estimated Replacement Cost National Flood Insurance Program
Homeowner Coverage Checklist Interesting Facts
Back Up of Sewer and Drain Losses

Personal Articles Policy Quote Recreational Vehicle Insurance
Personal Articles Policy
Home Inventory Checklist
Boatowners Insurance

Coverage Sheet
Personal Liability Umbrella Policy Quote
Personal Liability Umbrella Policy
Payoff Protector®

Triangle of Protection® Disability Insurance
Life Insurance Quote State Farm® Visa® Credit Cards
Life Insurance
Disability Insurance Quote

Estate Planning Quick List
Estate Planning Attorneys

HOME MAINTENANCE My Service Providers Water Loss Prevention Checklist
POLICIES Appliance/Maintenance/Warranty Directory Burglary Prevention
Business Cards Fire Prevention
Home Maintenance Checklist

A convenient area in which to store your insurance policies

JIM ROLLO INSURANCE AND FINANCIAL SERVICES, INC.

3130 WATSON BLVD, ENDWELL, NY 13760 • 607-754-3000

1332 UPPER FRONT ST., SUITE 4, BINGHAMTON, NY 13901 • 607-238-1355

[email protected]



Home Purchase Team

Bill & Betty Buyer

123 Homeowner Lane, Someplace, NY 12345

Realtor John Realtor
Awesome Realty, Inc
Name: awesomerealty.com
Company: [email protected]
Web Address: (607) 123 4567
Email:
Phone Number:

Mortgage Broker

Name: Ben Lender

Company: Ben's Mortgages

Web Address: bensmortgages.com

Email: [email protected]

Phone Number: (607) 222-2222

Attorney Marcy Litigator
M&M Law
Name: mandmlaw.com
Company: [email protected]
Web Address: (607) 765-4321
Email:
Phone Number:

Home Inspector

Name: Bethany Brick

Company: We Inspect Homes

Web Address: weinspecthomes.com

Email: [email protected]

Phone Number: (607) 555-5555

The State Farm® Mobile App

Redesigned with you in mind.

Access ID cards Connect with
Pay bills your agent
Deposit checks
Request roadside File a claim
assistance Get a quote

Transfer money

Download the State Farm mobile app today to see
all the ways we’re here, anywhere and anytime you need us.

Log in. We’re always open.

State Farm, Bloomington, IL SM-10128 12/2017

Estimated Replacement Cost

Understanding the Value
of Your Home

How to determine your homeowners coverage When buying a new home, be sure to obtain a
replacement cost estimate
Your home may be the biggest investment you’ll ever make. Before you purchase a new home, make sure you determine
So if you’re serious about protecting that investment, here is the appropriate amount of coverage needed. Here’s how:
some important information to consider when determining the • Ask if a replacement cost estimate is available when you
coverage amount for your home.
Make sure that your home is insured for at least have the home appraised.
100 percent of its estimated replacement cost • Or, consult with your local builder association or a
To determine your amount of homeowners coverage:
• Get an estimate of the replacement cost of your home. reputable builder for an estimate.
• Select the coverage amount that best fits your needs. • You can also check with your State Farm® agent to help
We recommend that you purchase an amount of coverage at
least equal to the estimated replacement cost. But the choice you with this process.
is yours. Determining your home’s estimated replacement Be aware of any architectural details or unique building
cost is important because this will ultimately determine which materials that may affect your estimated replacement
policy options are available to you. Since it is impossible cost, such as:
to predict today what the exact cost will be to replace your • Upgraded bathrooms or kitchens (including cabinets).
home in the future, it’s important to have enough coverage to • Finished or partially finished basement.
account for unforeseen circumstances. • Additional rooms or living space.
Understand the difference between market value • Custom molding or arched windows.
and replacement cost • Other unique features.
Market value is the amount a buyer would pay for a home, A contractor or appraiser can help estimate your home’s
including the land, regardless of how much it would cost to replacement cost
rebuild the home. Replacement cost for this is the rebuilding Building contractors or professional replacement cost
cost necessary to repair or replace the entire home. appraisers are a good source for obtaining an estimated
Replacement cost IS NOT: replacement cost of your home. Estimates from these sources
should reflect your home’s features, like those mentioned
above. If you are unable to obtain a detailed estimate from
these sources, your State Farm agent can discuss other
options for estimating the replacement cost of your home.

• The market value of the home.
• The home’s purchase price or the cost of the land.
• The outstanding amount of any mortgage loan.

Estimated Replacement Cost
Review your policy annually to make sure
that your coverage meets your needs

Have you recently remodeled or improved your home?
When you upgrade or improve your home, you may increase
your home’s estimated replacement cost. Your State Farm
agent will then help you adjust your policy to meet your
coverage needs. As part of your policy’s provisions, you have
90 days to notify us of any remodeling or additions to your
home that increases its value by $5,000 or more.
Has the rate of inflation risen since your last appraisal?
State Farm provides coverage that automatically adjusts
each year in an effort to compensate for increases in
construction costs in your area. However, certain conditions
such as severe weather can increase the demand for labor
and materials, and raise costs beyond normal inflation. It is
important to update your coverage amount each year to keep
up with the changing economy.
What influences the building costs in your area?
Market conditions in your area may impact the amount
it will cost to rebuild your home if you experience a loss.
Replacement cost estimates are influenced by supply
of labor, demand for labor and the cost of construction
materials. Keeping up with the current market conditions in
your area and changing your coverage amount accordingly,
will help you maintain coverage at least equal to 100 percent
of the estimated replacement cost coverage for your home.
If you have any questions, contact your State Farm agent or
visit statefarm.com®.

All coverages are subject to the terms, provisions, exclusions and conditions in
the policy itself and in any endorsement.
State Farm Fire and Casualty Company
State Farm General Insurance Company
Bloomington, IL
State Farm Florida Insurance Company
Winter Haven, FL
SMF-50011.6 03-2018 statefarm.com®

Homeowner Coverage Checklist

Name:
Date:
Telephone:

Dwelling Liability Medical Deductible
Payments
□ Replacement Cost □ $100,000 0.50%
□ $1,000 □
□ Actual Cash Value □ $300,000 1%
□□ $500,000 □ $2,000 □
□ $3,000 □ 2%
□□ $1,000,000
□□ $2,000,000 □ $5,000 □ 3%
$1,000
□ $10,000 □ $2,000

Jewelry & Furs Business Property Firearms Silverware/Goldware

□ $1,500/$2,500 Inc □ $1,000 Inc □ $2,500 □ $2,500

□ $2,500/$5,000 □ $2,500 □ $5,000 □ $5,000
□ $5,000 □ $7,500

Back-up of Sewer &

Identity Restoration Drain Earthquake Incidental Business

□ No □ No □ No □ No

□ Yes □ Yes □ Yes □ Yes

Planning for the Unexpected

Personal Liability

Flood Insurance Umbrella Mortgage Life Mortgage Disability

□ Yes □ Yes □ Yes □ Yes

□ No □ No □ No □ No

Agent has explained available insurance coverages and coverages selected above have been
chosen by the above named policyholder.

Acceptance: Date
(Customer's Signature)

(Agent's Signature) Date

Jim Rollo, State Farm Agent
3130 Watson Blvd.
Endwell, NY 13760
(607) 754-3000

INTERESTING FACTS
about Home Insurance

andJFiminaRnoclJliioamlISnResorulvlroiacneIncses, uInrac.nce and Financial Services, Inc.

Interesting Facts about Home Insurance

• Homeowners doesn’t cover unrelated Household members
• You cannot list a Trust as a named insured on a homeowners
• Liability can extend to an off premises Structure as long as it is for

personal use

• At age 15 you can insure a home
• Homeowners Does Not Cover Flood
• If a tree falls on a structure on your property because of wind,

you file the claim through your policy no matter who “owns” the tree.

• Loss of use coverage pays for additional living expenses including:
rented furniture, Additional Food expenses and Pet expenses.

• Back up of Sewer & Drain is an added coverage but is the only way
you will be covered if the sewer system backs up into the home.

• General Maintenance is the responsibility of the insured.
• Covered causes of loss: Fire or Lightning, Wind or Hail Storm,

Explosion, Riot or Civil Commotion, Aircraft, Vehicles, Smoke,
Vandalism or Malicious Mischief, Theft, Falling Objects, Weight of
ice and snow or sleet, Sudden & accidental discharge or overflow
of water from a plumbing device, Sudden & Accidental Tearing,
creaking, burning or bulging of a heating system, Freezing, Sudden
& Accidental Damage to electrical devices due to electrical
current, Breakage of glass.

Back Up of Sewer Make sure your drainage system is working properly.
and Drain Losses • Clear you gutters at least twice a year
• Extend gutter downspouts 10 feet away from the home’s
Understanding &
Prevention foundation
• Grade your yard to slope away from the house
When it rains, it pours, and sewers and drains • Keep drain lines clear
can back up, filling your basement with foul-smelling • Ask if anti-backflow, check-valve, or gate-valve devices are
water and sewage. Each year, sewer or drain backups
right for your home
cause millions of dollars in damage to the homes
owned by State Farm® policyholders. Sump Pump
Sump pump systems help keep unwanted water out of your
home. There are several types, including single sump pump
and dual-level systems. A battery or generator can be used to
power the pump in case of a power failure. Remember to test
your system monthly.

For finished basements
• Use casters or shims under furniture, and arrange it away

from floor drains
• Keep items that are stored in the basement off the floor with

shelving
• Check with your local building code department, water utility

or a qualified plumber for more information on steps you can
take to reduce the chance of water damage to your home.

As always, contact your State Farm agent with any questions
you have on insurance coverage of sewer or drain backup.

Learn more about protecting your basement from sewer or
drain losses, visit: s.f/sewerdrain

This brochure contains only a general description of the coverages and is not a statement of contract. All coverages
are subject to the exclusions and conditions in the policy itself.
Note: State Farm® homeowners policies do not include coverage for losses incurred from sewer or drain backup.
Contact your State Farm agent to find out if you can add a policy endorsement for some limited coverage.
This information was obtained from various sources. We believe it to be reliable and accurate; however, we do not
warrant the accuracy or reliability of the information contained herein. We do not endorse, recommend or guarantee
any products. The information provided is not intended to replace any manuals or other instructions provided by the
manufacturer. Further, State Farm® makes no guarantees of results from the use of information contained herein.
The information contained herein does not affect any policy contract. We assume no liability in connection with either
the information contained in this material or the loss control suggestions made. Moreover, we caution that not every
acceptable loss control procedure is contained in this material. When appropriate, you should consult a licensed
qualified professional to perform various loss control measures.

statefarm.com® State Farm Like a good neighbor, State Farm is there.®
Bloomington, IL

statefarm.com®

09-2014
Printed in U.S.A.
530-9690.2

Identity Restoration Coverage

Keep your identity your own

You’ve worked hard, with goals in mind,
and now the day has come …

You go to purchase an engagement ring, put an offer on a
home or maybe buy that car you’ve test-driven three times
already. But instead, what if this is the day you find out the
credit you’ve worked so hard to build was destroyed by
identity fraud?

Identity Restoration Coverage

Protect yourself against one of America’s 2 – Identity Fraud Expense Reimbursement
fastest-growing crimes Having your identity stolen is already stressful. This feature
may provide up to $25,000 for covered expenses as a result
As many as 17.6 million Americans experienced identity fraud of identity fraud, including:
in 2014.1 With just a few bits of your personal information,
such as your driver’s license or Social Security number, an • Costs to obtain credit bureau reports.
identity thief can open credit accounts, secure loans or even • F ees to reapply for loans, grants or other credit
enter into contracts in your name. By the time it is discovered,
you could spend hours trying to repair the damage to your instruments.
credit history and personal information. • Telephone and postage fees.
• Notary and certain legal fees.
State Farm® can help. You can purchase Identity Restoration • Up to $1,000 for deductibles or service fees from financial
(IDR) Coverage for only $25 annually as an endorsement
to a Homeowners, Renters, Condominium Unitowners, institutions and other costs to recover control over your
Manufactured Home (not rented to others), or Farm/Ranch personal identity. This is part of, not in addition to, the
(homeowners or renters) Policy. expense reimbursement coverage limit.
• Up to $5,000 combined for lost wages and child and
Let us help you get your identity back elder care expenses. This is part of, not in addition to, the
where it belongs expense reimbursement coverage limit.

When you have an identity fraud case that is covered under It’s your financial future … protect it with
the State Farm Identity Restoration Coverage, IDR Coverage a company you can trust
may help you in two ways:
• W e’re here when you need us most. We have one of the
1 – Identity Restoration Case Management Service nation’s largest professional claim networks, so we can
If your identity is stolen, it could take a great deal of time to settle your claims promptly and fairly.
restore on your own. But with IDR Coverage, a personal case
manager may be assigned to help you recover control of your • G etting in touch is easy. Walk in, Mail in, Call in, Click in.
identity and assist you with correcting your credit history with Contact your State Farm agent today or visit
affected agencies and institutions. This can include the case statefarm.com®.
manager working with credit card companies, credit bureaus,
creditors and businesses, to help you correct records and It only takes seconds for someone to steal the credit and
recover control of your identity. Case management services identity you worked so hard to build. Talk to your State Farm
are available for up to 12 months. agent about protecting it today.

1 Bureau of Justice Statistics, from Identity Theft Series, Sept. 27, 2015.
This is only a general description of coverage. All coverages are subject to the
terms, provisions, exclusions and conditions in the endorsement itself.
There may be situations where an insured receives a notice that their
personal information was lost or stolen, but most people whose information is
compromised never have their identities fraudulently used. If no fraud event
occurs, there is no covered loss under this endorsement.
State Farm Fire and Casualty Company
State Farm General Insurance Company
Bloomington, IL
State Farm Florida Insurance Company
Winter Haven, FL
SMF-50026.5 03-2018 statefarm.com®

Business in the Home

Running a business
out of your home?
We’ve got you covered.

There are so many good things about running a home-based Did you know?
business. The freedom. The productivity. The total lack of Homeowners policies
a commute. But whether this business is your full-time job, may not provide
or something you do on the side, your homeowners policy adequate coverage
may not give you the specialized coverage you need. for home-based
At State Farm®, our agents are small business owners, too. businesses.
So we understand your needs, and offer you coverage
options to help insure your home-based business.

Option IO–Incidental Office
This coverage option is available under your homeowners
insurance. Option IO offers limited coverage for some of
your business equipment and supplies.

Businessowners Policy
This is a separate policy from your homeowners policy,
and offers much broader coverage for your business.

The option you choose will depend on how much coverage
you need. For a detailed comparison of these two products,
please see the chart on the following pages.

Business in the Home

COVERAGE/POLICY OPTION IO

Dwelling Extension • N o coverage applies to detached structures used for business purposes
(if you work from an or detached structures rented for business purposes.
additional structure on
your property) • O ffers $5,000 on-premises/$1,000 off-premises coverage for damage from some
specific causes.
Business Personal
Property • N o additional coverage for merchandise kept as samples or for sale.

Computer Coverage • N ot available.

Loss of Income and • N ot available.
Extra Expense
Equipment Breakdown • N ot available.
Property of Others
Accounts Receivable • N o coverage for damage caused by business pursuits.
Forgery Or Alteration
Valuable Papers • N ot available.
Signs
Liability & Medical • N ot available.
Expense
• N ot available.
Optional Coverages
• N ot available.

• O nly covers liability for property damage and bodily injury.

• N o coverage such as:

- Advertising injury - Incidental medical malpractice (first aid)
- Limited contractual liability - Non-owned auto
- Employees - Personal injury

• N ot available.

1 Indicates increased limits are available.
2 Limit is within the applicable Limit of Insurance.
This is only a general description of coverages and is not a statement
of contract. Details of coverage or limits vary in some states.
All coverages are subject to the terms, provisions, exclusions,
and conditions in the policy itself and in any endorsements.

Business in the Home

BUSINESSOWNERS POLICY ‒ ALL BASE POLICY CONTRACTS
• U p to the structure’s replacement cost.

• Coverage for property replacement cost for damage from a wide variety of causes (accidental direct physical loss).
• Newly acquired business personal property – $100,000.
• Includes coverage for merchandise kept as samples or for sale and property of others.
• Seasonal Increase – 25%1

• Coverage for computer hardware and software replacement cost (up to Coverage B limit) for damage from a wide
variety of causes.

• C omputer Property Form - Property – $25,0001
• C omputer Property Form - Loss of Income ‒ $25,0001

• A ctual loss sustained up to 12 months.

• S ublimits included2.

• P roperty of Others - $2,5001.

• S ublimits included – vary by base policy contract.

• Forgery or Alteration – $10,000.

• Sublimits included – vary by base policy contract.

• S ublimits included – vary by base policy contract.

Business Liability coverage may include:

- Bodily injury, personal and advertising injury, and property damage - Non-owned auto

- Limited contractual liability - Products/Completed operations

- Host Liquor Liability

• Barber, cosmetologist and estheticians professional • Spoilage

• Hired auto • Utility interruption

• Seasonal increase • Veterinarian professional

Business in the Home
When you work at home, great service
makes all the difference.

At State Farm, we’re here to help life go rightTM. In fact,
we’ve spent more than 60 years listening and responding
to business owners like you. And today, we’re happy to help you
choose coverage that fits your individual business, and bring
you a level of attentive service you won’t find anywhere else.
• We’re here for you all day, every day. We let you choose

how and when you want to interact with us. In person.
On the phone. Or online at statefarm.com®.
• Prompt, friendly claims service from one of the nation’s
largest, most experienced claims networks.
• Individual attention from your State Farm agent.

Have questions about our businessowners
insurance or financial products? Feel free
to contact your State Farm agent.

This is only a general description of coverages and is not a statement
of contract. Details of coverage or limits vary in some states.
All coverages are subject to the terms, provisions, exclusions,
and conditions in the policy itself and in any endorsements.
State Farm Fire and Casualty Company
State Farm General Insurance Company
Bloomington, IL
State Farm Florida Insurance Company
Winter Haven, FL
SMZ-80029.4 04-2017 statefarm.com®

National Flood Insurance Program

Summary of Coverage

FEMA F-679 / November 2012

This document was prepared by the National Flood Insurance Program (NFIP) to help you
understand your flood insurance policy. It provides general information about deductibles, what is
and is not covered by flood insurance, and how items are valued at the time of loss.

This document is based on the Standard Flood Insurance Policy Dwelling Form, which is used to
insure one-to-four-family residential buildings and single-family dwelling units in a condominium
building. There are two other policy forms:

T he General Property Form is used to insure five-or-more-family residential buildings and
non-residential buildings.

The Residential Condominium Building Association Policy Form is used to insure residential
condominium association buildings.

While the three forms are similar, they do contain some important differences. For example, the
General Property Form does not provide coverage for contents in any building other than the insured
building, and the Residential Condominium Building Association Policy Form contains a coinsurance
clause, which provides for a pro-rata reduction in the building claim payment if the building is not
insured to 80 percent of its replacement value.

Two Types of Flood Insurance Coverage

The NFIP’s Dwelling Form offers coverage for: 1) Building Property, up to $250,000, and 2) Personal
Property (Contents), up to $100,000. The NFIP encourages people to purchase both types of coverage. Your
mortgage company may require that you purchase a certain amount of flood insurance coverage.

For information about your specific limits of coverage and deductibles, refer to the Declarations Page in your flood
insurance policy. It is also a good idea to review your policy with your insurance agent or company representative.

What Is a Flood? Three Important Facts About Your
Flood Policy
Flood insurance covers direct physical loss caused by
“flood.” In simple terms, a flood is an excess of water on A Standard Flood Insurance Policy is a single-peril (flood)
land that is normally dry. Here’s the official definition policy that pays for direct physical damage to your insured
used by the National Flood Insurance Program. property up to the replacement cost or Actual Cash Value
(ACV) (see “How Flood Damages Are Valued”) of the actual
A flood is (1) “A general and temporary condition of damages or the policy limit of liability, whichever is less.
partial or complete inundation of two or more acres of
normally dry land area or of two or more properties (at 1. C ontents coverage must be purchased separately.
least one of which is your property) from a. overflow of
inland or tidal waters; b. unusual and rapid accumulation 2. I t is not a valued policy. A valued policy pays the
or runoff of surface waters from any source; or c. limit of liability in the event of a total loss. For example:
mudflow*. (2) collapse or subsidence of land along the Your home is totally destroyed by a fire and it costs
shore of a lake or similar body of water as a result of $150,000 to rebuild it. If your homeowners insurance
erosion or undermining caused by waves or currents of policy is a valued policy with a $200,000 limit of
water exceeding anticipated cyclical levels that result in a liability on the building, you would receive $200,000.
flood as defined in A.1.a. above. Flood insurance pays the replacement cost or ACV
of actual damages, up to the policy limit.
* M udflow is defined (in part) as “A river of liquid and flowing mud
on the surfaces of normally dry land areas, as when earth is carried 3. It is not a guaranteed replacement cost policy.
by a current of water.” A guaranteed replacement cost policy pays the cost to
rebuild your home regardless of the limit of liability.
For example: Your home is totally destroyed by a fire
and it costs $200,000 to rebuild it. If your homeowners
insurance policy is a guaranteed replacement cost policy
with a $150,000 limit of liability on the building, you
would receive $200,000. Flood insurance does not pay
more than the policy limit.

1

Choosing Deductibles Reminder: Keep Your Receipts

Choosing the amount of your deductible is an important While you are not expected to keep receipts
decision. As with car or homeowners insurance, choosing for every household item and article of
a higher deductible will lower the premium you pay, but clothing, do try to keep receipts for electronic
will also reduce your claim payment. equipment, wall-to-wall carpeting, major
appliances, and other higher-cost items. Your
You can choose different deductibles for Building Property adjuster will be able to process your claim
and Personal Property coverage. The deductibles will apply more quickly when you can prove how much
separately to Building Property and Personal Property items cost at the time of purchase. Also keep
claims. Your mortgage company may require that your receipts for any repairs made with a flood
deductible be no more than a certain amount. insurance settlement.

Review the Declarations Page in your flood insurance
policy for amounts of coverage and deductibles. Talk
with your insurance agent, company representative, or
lender about raising or lowering deductibles within an
allowable range.

What Is Covered by Flood Insurance—and What Is Not

Physical damage to your building or personal property “directly” caused by a flood is covered by your flood
insurance policy. For example, damages caused by a sewer backup are covered if the backup is a direct result of
flooding. If the backup is caused by some other problem, the damages are not covered.

The following charts provide general guidance on items covered and not covered by flood insurance.
Refer to your policy for the complete list. (For information on flood insurance coverage limitations in areas
below the lowest elevated floor and in basements, see page 3 of this document.)

General Guidance on Flood Insurance Coverage

What is insured under D ebris removal. What is not insured under either
Building Property coverage: Building Property or Personal
What is insured under Property coverage:
T he insured building and Personal Property coverage:
its foundation. D amage caused by moisture,
P ersonal belongings such as mildew, or mold that could
T he electrical and clothing, furniture, and have been avoided by the
plumbing systems. electronic equipment. property owner.

C entral air-conditioning C urtains. C urrency, precious metals,
equipment, furnaces, and and valuable papers such as
water heaters. P ortable and window stock certificates.
air conditioners.
R efrigerators, cooking stoves, P roperty and belongings outside
and built-in appliances such P ortable microwave ovens and of a building such as trees,
as dishwashers. portable dishwashers. plants, wells, septic systems,
walks, decks, patios, fences,
P ermanently installed carpeting C arpets not included in building seawalls, hot tubs, and
over an unfinished floor. coverage (see above). swimming pools.

P ermanently installed C lothes washers and dryers. L iving expenses such as
paneling, wallboard, temporary housing.
bookcases, and cabinets. F ood freezers and the food
in them. F inancial losses caused by
W indow blinds. business interruption or loss of
C ertain valuable items such use of insured property.
A detached garage (up to 10 as original artwork and furs
percent of Building Property (up to $2,500). M ost self-propelled vehicles such
coverage); detached buildings as cars, including their parts (see
(other than detached garages) Section IV.5 in your policy).
require a separate Building
Property policy.

2

General Guidance on Flood Insurance Coverage Limitations in Areas
Below the Lowest Elevated Floor and in Basements

Flood insurance coverage is limited in areas below the lowest elevated floor (including crawlspaces) depending
on the flood zone and date of construction (refer to Part III, Section A.8 in your policy) and in basements
regardless of zone, or date of construction. As illustrated below, these areas include 1) basements, 2) crawlspaces
under an elevated building, 3) enclosed areas beneath buildings elevated on full-story foundation walls that are
sometimes referred to as “walkout basements,” and 4) enclosed areas under other types of elevated buildings.

What is insured under Furnaces, water heaters, heat C arpeting, area carpets, and other
Building Property coverage: pumps, and sump pumps. floor coverings such as tile.

Foundation walls, anchorage What is insured under Drywall for walls and ceilings
systems, and staircases attached Personal Property coverage: (below the lowest elevated floor).
to the building.
Washers and dryers. Walls and ceilings not made
C entral air conditioners. of drywall.
Food freezers and the food in
C isterns and the water in them. them (but not refrigerators). In certain cases staircases
and elevators.
D rywall for walls and ceilings Portable and window
(in basements only). air conditioners. M ost personal property such as
clothing, electronic equipment,
Non-flammable insulation What is not insured under either kitchen supplies, and furniture.
(in basements only). Building Property or Personal
Property coverage:
E lectrical outlets, switches, and
circuit-breaker boxes. Paneling, bookcases, and
window treatments such as
Fuel tanks and the fuel in them, curtains and blinds.
solar energy equipment, and well
water tanks and pumps.

1. Basement 2. Crawlspace
Coverage limitations apply to “basements,” which are any area of When a building is elevated on foundation walls, coverage
the building, including a sunken room or sunken portion of a room, limitations apply to the “crawlspace” below.
having its floor below ground level on all sides.

3. ELEVATED BUILDING ON FULL-STORY 4. Elevated building with enclosure
FOUNDATION WALLS Coverage limitations apply to “enclosed areas” at ground level
under an “elevated building.” An elevated building allows water to
Coverage limitations apply to the enclosed areas (lower floor) even flow freely under the living quarters, thus putting less strain on the
when a building is constructed with what is sometimes called a building in the event of flooding. An “enclosure” is the area below
“walkout basement.” the lowest elevated floor that is fully shut in by rigid walls.

3

How Flood Damages Are Valued

The value of flood damage covered under the Dwelling Form is based on either Replacement Cost Value
or Actual Cash Value.

Replacement Cost Value (RCV) Actual Cash Value (ACV)

RCV is the cost, without depreciation, to replace that ACV is Replacement Cost Value at the time of loss,
part of a building that is damaged. To be eligible, three less the value of its physical depreciation.
conditions must be met:
Some building items such as appliances and carpeting
1. T he building must be a single-family dwelling; and are always adjusted on an ACV basis. For example,
wall-to-wall carpeting could lose from 10 to 14 percent
2. The building must be your principal residence at of its value each year, depending on the quality of
the time of loss, meaning you live there at least the carpeting. This depreciation would be factored
80 percent of the year; and into the adjustment.

3. Your building coverage is at least 80 percent of Personal property is always valued at ACV.
the full replacement cost of the building, or is the
maximum available for the property under the NFIP.

Special Considerations for What Is Increased Cost of Compliance
Multiple Claims (ICC) Coverage?

Owners of NFIP-insured residential property, Most NFIP policies include ICC coverage, which
identified as “severe repetitive loss” (SRL) property, applies when flood damages are severe. ICC
may be eligible for a FEMA mitigation grant for coverage provides up to $30,000 of the cost to
property improvements that reduce the likelihood elevate, demolish, or relocate your home. If your
of future flood damages. Participation in the SRL community declares your home “substantially
program is voluntary, but property owners who refuse damaged” or “repetitively damaged” by a flood, it
an offer of mitigation may expect an increase in their will require you to bring your home up to current
flood insurance premium rate equal to 150% of the community standards.
chargeable rate for the property at the time the offer
was made. The total amount of your building claim and
ICC claim cannot exceed the maximum limit for
An NFIP-insured property is defined as a severe repetitive Building Property coverage ($250,000 for a single-
loss property when it meets one of the following criteria family home). Having an ICC claim does not affect a
since 1978, regardless of ownership: Personal Property claim (up to $100,000), which is
paid separately.
1. Four or more separate flood claim payments have
been made and each claim payment exceeds $5,000 Details about eligibility are in Section III.D. of
(including building and contents payments), or your policy.

2. A t least two separate flood claim payments (building Congress created the National Flood Insurance Program
payments only) have been made and the cumulative (NFIP) in 1968 to reduce future flood damage through
payments exceed the current value of the property. floodplain management, and to provide people with
flood insurance through individual agents and insurance
A final note companies. The Federal Emergency Management Agency
This document provides general information about flood (FEMA) manages the NFIP. As required by Congress,
insurance coverage. However, please be aware that your this document was prepared by the NFIP to help flood
Standard Flood Insurance Policy, your application, and insurance policyholders understand their policy.
any endorsements, including the Declarations Page, make
up your official contract of insurance. Any differences
between this information and your policy will be resolved
in favor of your policy. If you have questions, call your
insurance agent or company representative.

4

T OFDEPARTMEN
H OOMM
U. S. EELLAN D SECU
RRIITT Y
FEMA

FEMA F-679
Catalog No. 10078-2

For more information about the NFIP and flood insurance, call
1-800-427-4661

or contact your insurance company or agent.

http://www.fema.gov/business/nfip
http://www.floodsmart.gov

F-679 Revised 11/2012; Reprinted 1/2013

A PERSONAL ARTICLES
POLICY CAN PROTECT
YOUR VALUABLES FOR AS

LITTLE AS…

EXAMPLE:
ENGAGEMENT RING $3500
CAMERA EQUIPMENT $1000

$60ANNUAL COST OF PERSONAL ARTICLES:

$0 DEDUCTIBLE

$0

COVERS YOUR VALUABLES FOR LITTLE OR NO DEDUCTIBLE FOR MANY
DIFFERENT KINDS OF LOST SUCH AS ACCIDENTAL BREAKAGE OR
MYSTERIOUS DISAPPEARANCE.

JIJMIMRROOLLLOOIINNSSUURRANCEE AANNDDFFININAANNCCIAIAL LSESREVRIVCIECSE, SIN, CIN.C.

3130 W1A3T3S2OUNP3PB1EL3RV0DFWR,OAETNNSTDOSWNT.,EBSLLVUL,IDTNE, EY4N,1BD3IWN76GE0LHL•A, NMJYITMO1@3N7J,6INM0Y•R1O6309L70L-1O75•.4C6-3O007M0-203•8-610375-5754-3000
[email protected]

Personal Articles Policy

Protection
for the items
you value the most.

We know many possessions mean more to you than how much they’re worth. It could be an
engagement ring, jewelry, or artwork passed down for generations. Maybe it’s something that
improves your quality of life, such as a hearing implant, prosthesis or insulin pump.

From musical instruments to personal computers, these valued items may need extra protection
for coverage beyond your homeowners or renters policy. At State Farm,® we can provide you with
that special kind of insurance protection to help replace or repair your valued treasures.

An insurance option to This coverage may provide broader financial protection
protect the items you value for your possessions, so you can feel confident they’re
covered against theft, accidental damage or loss.
At State Farm, we’re here to help life go right® — and that
means offering insurance options like a Personal Articles
Policy to help you protect the things you value.

Personal Articles Policy

Broader coverage
for important items

• Musical instruments Right-sized options Broad coverage
• Sports equipment for your type of items for prosthetic devices
• Cameras
• Silverware Broad Pair and Set Coverage: If a piece • Direct physical loss or damage
• Jewelry of jewelry that’s part of a pair or set — for with few exclusions
• Furs example, one of the earrings in a pair —
• Collectibles is lost or destroyed beyond repair, we • Choice of deductibles
• Racing or electronic assist bicycles cover its value before the loss or pay the • Work with prosthetist to repair
• Personal-use computer equipment difference between the actual cash value
of the property before and after the loss. or replace
and software • Applies to prostheses and
• Fine art Inflation Coverage: The amount of
• Artificial eyes/limbs coverage is automatically adjusted related components
• Hearing aids/implants based on the consumer product
• Insulin pumps inflation coverage index. Consider Worthy protection for your
having your items regularly reappraised most valued possessions
Coverage that travels with you by a professional.
At State Farm, we’re here as your
Coverage applies anywhere in the world1, Wedding Present Coverage: Coverage life evolves, working with you to find
so items such as jewelry and cameras for wedding presents may be added by insurance options that help address your
are protected when you travel. (Fine art endorsement. It provides temporary changing needs. Let’s talk about how
items are covered only within the United coverage (before and up to 90 days after adding a Personal Articles Policy may
States and Canada.) Also, your covered your wedding) to protect your gifts. provide extra protection for the things
property is insured against both theft you treasure. Getting in touch is easy.
and direct physical damage, with only a Just call, email or visit statefarm.com.®
few limitations and exclusions.2 There’s
usually no deductible either, although
deductibles are available if desired.

Protect your newest
treasures right away

For jewelry, furs, cameras, or musical
instruments, we cover newly acquired
property for up to 25 percent of the
amount of insurance, or $10,000,
whichever is less.3

1Subject to the terms and conditions of your Personal Articles Policy. Special exclusions and conditions apply to fine arts, sports equipment, and
2Refer to the policy for a complete description of Losses Not Insured. stamp and coin collections.
3Coverage for newly acquired possessions is subject to certain restrictions. This is only a general description of coverages and is not a statement of
The new property is required to be reported to us within 30 days and contract. All coverages are subject to the terms, provisions, exclusions, and
additional premium paid. conditions in the policy.
Each State Farm insurer has sole financial responsibility for its own products.
State Farm Fire and Casualty Company
State Farm General Insurance Company
Bloomington, IL
State Farm Florida Insurance Company
Winter Haven, FL
SMF-50016.8 05-2018

Home Inventory Checklist

The threat of loss of property from fire, theft, or other causes
is always present.

An accurate inventory and proof of ownership at the time of a loss can make claim settlement easier
and faster. The inventory will take time to compile, but the time and frustration it may save you later
will more than make up for it. This checklist will help you compile your home inventory. A good home
inventory includes a detailed list of your possessions including receipts, descriptions, and photos of
your home’s contents.

Checklist Contents Page # Items Grouped According to Category Page #
Appliances
Items Grouped According to Room 2 Clothing 15
Living Room 3 Collectors’ Items 16
Dining Room 4 Electronics 17
Family Room/Den/Office 5 Hobbies 18
Kitchen/Laundry Room 6 Jewelry and Furs 19
Bathrooms 7 Miscellaneous 20
Halls 8 Precious Metals 21
Master Bedroom 9 Sports Equipment 22
Bedroom #2 10 Other 23
Bedroom #3 11 Total Sheet 24
Bedroom #4 12 25
Attic 13
Basement 14
Garage

Home Inventory Checklist Page 1

Home Inventory Checklist

Living Room

Number of Items Item Year Purchased Cost
Air Conditioner Window Units
Books
Bookcases
Bric-a-brac*
Cabinets and Contents*
Closet Contents*
Desks
Fireplace Equipment
Furniture
Lamps
Organ
Piano
Rug
Tables
Wall Shelves

Total #1 $
(See Page 25.)

*Where applicable, itemize contents in extra space provided.

Home Inventory Checklist Page 2

Home Inventory Checklist

Dining Room

Number of Items Item Year Purchased Cost
Air Conditioner Window Units
Bric-a-brac*
Buffet
Cabinets and Contents*
Dining Room Set
China
Crystal
Rug
Silverware/Goldware
Table Linens
Wall Shelves

Total #2 $
(See Page 25.)

*Where applicable, itemize contents in extra space provided.

Home Inventory Checklist Page 3

Home Inventory Checklist

Family Room/Den/Office

Number of Items Item Year Purchased Cost
Air Conditioner Window Units
Books
Bookcases
Bric-a-brac*
Cabinets and Contents*
Card Table
Chairs
Closet Contents*
Couch
Desk
Fireplace Equipment
Lamps
Organ
Piano
Rugs
Tables
Wall Shelves

Total #3 $
(See Page 25.)

*Where applicable, itemize contents in extra space provided.

Home Inventory Checklist Page 4

Home Inventory Checklist

Kitchen/Laundry Room

Number of Items Item Year Purchased Cost
Appliances Total #4 $
Books (See Page 25.)
Bric-a-brac*
Cabinets and Contents*
Crystal
Cutlery
Dishes
Dryer
Freezer
Glassware
Ironing Board
Kitchen Utensils
Linens
Portable Dishwasher
Pots and Pans
Refrigerator
Silverware
Stove
Tables
Washing Machine

*Where applicable, itemize contents in extra space provided.

Home Inventory Checklist Page 5

Home Inventory Checklist

Bathrooms

Number of Items Item Year Purchased Cost
Cabinets and Contents*
Closet Contents*
Electrical Appliances
Linens

Total #5 $
(See Page 25.)

*Where applicable, itemize contents in extra space provided.

Home Inventory Checklist Page 6

Home Inventory Checklist

Halls

Number of Items Item Year Purchased Cost
Bric-a-brac*
Cabinets and Contents*
Chairs
Closet Contents*
Lamps
Rugs
Tables

Total #6 $
(See Page 25.)

*Where applicable, itemize contents in extra space provided.

Home Inventory Checklist Page 7

Home Inventory Checklist

Master Bedroom

Number of Items Item Year Purchased Cost
Air Conditioner Window Units
Bedding
Bed
Books
Bric-a-brac*
Chairs
Chests and Contents*
Closet Contents*
Desk
Dressers and Contents*
Dressing Table
Lamps
Rug
Sewing Machine
Tables
Wall Shelves

Total #7 $
(See Page 25.)

*Where applicable, itemize contents in extra space provided.

Home Inventory Checklist Page 8

Home Inventory Checklist

Bedroom #2

Number of Items Item Year Purchased Cost
Air Conditioner Window Units
Bedding
Bed
Books
Bric-a-brac*
Chairs
Chests and Contents*
Closet Contents*
Desk
Dressers and Contents*
Dressing Table
Lamps
Rug
Sewing Machine
Tables
Wall Shelves

Total #8 $
(See Page 25.)

*Where applicable, itemize contents in extra space provided.

Home Inventory Checklist Page 9

Home Inventory Checklist

Bedroom #3

Number of Items Item Year Purchased Cost
Air Conditioner Window Units
Bedding
Bed
Books
Bric-a-brac*
Chairs
Chests and Contents*
Closet Contents*
Desk
Dressers and Contents*
Dressing Table
Lamps
Rug
Sewing Machine
Tables
Wall Shelves

Total #9 $
(See Page 25.)

*Where applicable, itemize contents in extra space provided.

Home Inventory Checklist Page 10

Home Inventory Checklist

Bedroom #4

Number of Items Item Year Purchased Cost
Air Conditioner Window Units
Bedding
Bed
Books
Bric-a-brac*
Chairs
Chests and Contents*
Closet Contents*
Desk
Dressers and Contents*
Dressing Table
Lamps
Rug
Sewing Machine
Tables
Wall Shelves

Total #10 $
(See Page 25.)

*Where applicable, itemize contents in extra space provided.

Home Inventory Checklist Page 11

Home Inventory Checklist

Attic

Number of Items Item Year Purchased Cost
Furniture
Luggage
Other Storage
Trunk and Contents*

Total #11 $
(See Page 25.)

*Where applicable, itemize contents in extra space provided.

Home Inventory Checklist Page 12

Home Inventory Checklist

Basement

Number of Items Item Year Purchased Cost

Bric-a-brac*
Chairs
Dehumidifier
Hand Tools
Heating Unit
Luggage
Other Equipment
Piano
Rugs
Storage
Tables
Washing Machine
Workbench

Total #12 $
(See Page 25.)

*Where applicable, itemize contents in extra space provided.

Home Inventory Checklist Page 13

Home Inventory Checklist

Garage

Number of Items Item Year Purchased Cost

Auto Equipment
Garden Tools
Lawn Furniture
Lawn Games
Other Tools
Storage

Total #13 $
(See Page 25.)

*Where applicable, itemize contents in extra space provided.

Home Inventory Checklist Page 14

Home Inventory Checklist

Appliances

Item/Brand Serial Number Year Purchased Cost

Total #14 $
(See Page 25.)

*Where applicable, itemize contents in extra space provided.

Home Inventory Checklist Page 15

Home Inventory Checklist

Clothing Item Year Purchased Cost

Number of Items

Total #15 $
(See Page 25.)

*Where applicable, itemize contents in extra space provided.

Home Inventory Checklist Page 16

Home Inventory Checklist

Collector’s Items

Item/Brand Serial Number Year Purchased Cost
Antiques
Figurines
Art Objects
Paintings

Total #16 $
(See Page 25.)

*Where applicable, itemize contents in extra space provided.

Home Inventory Checklist Page 17

Home Inventory Checklist

Electronics

Item/Brand Serial Number Year Purchased Cost
VCR-DVD Players
Calculators
Computers
Computer Accessories (Fax, Scanners, Printers, etc.)
Stereo Equipment
Televisions
Video Equipment
Game Systems (Nintendo, Playstation, etc.)

Total #17 $
(See Page 25.)

*Where applicable, itemize contents in extra space provided.

Home Inventory Checklist Page 18

Home Inventory Checklist

Hobbies Serial Number Year Purchased Cost

Item/Brand
Collections (Coin, etc.)
Craft Materials
Photography
Musical Instruments
Toys

Total #18 $
(See Page 25.)

*Where applicable, itemize contents in extra space provided.

Home Inventory Checklist Page 19

Home Inventory Checklist

Jewelry and Furs

Item/Brand Serial Number Year Purchased Cost
Bracelets
Brooches
Earrings
Necklaces
Rings
Watches

Total #19 $
(See Page 25.)

*Where applicable, itemize contents in extra space provided.

Home Inventory Checklist Page 20

Home Inventory Checklist

Miscellaneous

Item/Brand Serial Number Year Purchased Cost
Lawn Mower
Power Tools

Total #20 $
(See Page 25.)

*Where applicable, itemize contents in extra space provided.

Home Inventory Checklist Page 21

Home Inventory Checklist

Precious Metal Items (Gold, Silver, Pewter, Etc.)

Item/Brand Serial Number Year Purchased Cost

Total #21 $
(See Page 25.)

*Where applicable, itemize contents in extra space provided.

Home Inventory Checklist Page 22

Home Inventory Checklist

Sports Equipment

Item/Brand Serial Number Year Purchased Cost
Bikes
Bowling Equipment
Fishing Equipment
Golf Equipment
Guns
Skis
Swim and Diving Gear
Tennis Rackets

Total #22 $
(See Page 25.)

*Where applicable, itemize contents in extra space provided.

Home Inventory Checklist Page 23

Home Inventory Checklist

Other Year Purchased Cost

Number of Items

Total #23 $
(See Page 25.)

*Where applicable, itemize contents in extra space provided.

Home Inventory Checklist Page 24

Home Inventory Checklist

Total Cost of Items Enter your total number of items and total cost of items for each category.

Total Number Item Category Number of Items Cost

Total #1 Living Room
Total #2 Dining Room
Total #3 Family Room/Den/Office
Total #4 Kitchen/Laundry
Total #5 Bathrooms
Total #6 Halls
Total #7 Master Bedroom
Total #8 Bedroom #2
Total #9 Bedroom #3
Total #10 Bedroom #4
Total #11 Attic
Total #12 Basement
Total #13 Garage
Total #14 Appliances
Total #15 Clothing
Total #16 Collector’s Items
Total #17 Electronics
Total #18 Hobbies
Total #19 Jewelry and Furs
Total #20 Miscellaneous
Total #21 Precious Metals
Total #22 Sports Equipment
Total #23 Other

Total Number of Items Total Cost
$

Home Inventory Checklist Page 25


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