Residential Specialty Homeowners

Palomar is proud to partner with Wellington Risk Insurance Agency to offer specialty homeowners programs. Palomar utilizes a focused approach in wind-exposed counties to provide comprehensive and affordable coverage.

Homeowners Standard and Select offered with Wellington

Available in: TX

Offered in partnership with Wellington Risk Insurance Agency

Product Overview

• The Standard and Select Homeowners Insurance Programs are available on properties located in the entire state of Texas
• Standard Homeowners coverage provides 12 named perils, replacement cost on the dwelling, other structures and personal property, liability protection limit up to $300,000 and medical protection up to $5,000
• Select Homeowners coverage provides 16 named perils, replacement cost on the dwelling, other structures and personal property, family liability protection up to $500,000 and guest medical protection up to $5,000

Guidelines & Eligibility

• One and two-family dwellings used for private residential purposes
• Risk must be insured for to the replacement cost value
• Risks with prior loss history are subject to underwriting review
• Properties in a state of disrepair or with existing damage are ineligible for coverage
• Dwellings undergoing construction are ineligible for coverage

Coverage & Limits

• Coverage A – Dwelling protection up to $600,000
• Coverage B – Other structures up to 50% of Coverage A
• Coverage C – Personal property protection up to 75% of Coverage A
• Coverage X – Family liability protection up to $500,000
• Coverage Y – Guest medical protection up to $5,000
• Deductible options up to 5% of Coverage A
• Optional coverages offered include:
  • Additional protection endorsement
  • Scheduled personal property
  • Water back-up to $5,000

Standard Dwelling Fire offered with Wellington

Available in: TX

Offered in partnership with Wellington Risk Insurance Agency

Product Overview

• The Standard Dwelling Fire Insurance Program is available on dwelling fire properties located in the entire state of Texas
• Dwelling Fire coverage provides named perils, replacement cost on the dwelling and actual cash value on the personal property with the replacement cost option if owner occupied
• Personal liability limit up to $300,000 and medical payments up to $2,000

Guidelines & Eligibility

• Owner-occupied, rental, seasonal, and temporarily vacant dwellings are acceptable
• Properties may contain up to 4 families in one dwelling (1, 2, or 3 stories)
• Risk must be insured for to the replacement cost value
• Risks with prior loss history are subject to underwriting review
• Properties in a state of disrepair or with existing damage are ineligible for coverage

Coverage & Limits

• Coverage A – Dwelling limits up to $400,000 and other structures 10% of dwelling limit
• Coverage B – Personal property up to 60% of dwelling limit
• Coverage C – Premises liability limits up to $300,000
• Coverage D – Medical payments limits up to $2,000/$25,000
• Deductible options up to 5% of Coverage A
• Optional coverages offered include:
  • Fair rental value
  • Personal property replacement cost
  • Vacancy amendatory endorsement
  • Water back-up to $5,000