Homeowners Insurance

Whether it’s your primary residence, a secondary/seasonal property, or an investment property, Prizm can provide you the coverage needed to protect you.

All homeowners’ policies are not the same, and unfortunately most people don’t find out until their homeowner’s policy does not protect them as they had expected. Prizm works with carriers that provide the most robust policies in the market, so you’re not left with surprises when you need support the most.

Your home is likely your most valuable asset, and you want to protect it from the unexpected. But with all the options out there, how do you know the coverage you are selecting is right for you? With Prizm, our experts understand the unique needs of our clients and we work with the top carriers in the industry to provide insurance solutions with the broadest coverage that exists. 

Coverage Highlights

Guaranteed replacement cost - Rebuilds the home to current replacement cost at existing property after a total loss even if the cost exceeds the policy limit

Cash settlement option - Pays up to the policy limit should you choose not to rebuild your home

Loss of Use - Reimburses you, potentially-on an unlimited basis for increased living expenses to maintain your normal standard of living when you are unable to stay in your home after a covered loss

Back-up of sewers and drains - Covers damage up to your dwelling limit due to water backing up through sewers, drains or sump pump failure. This includes seepage and hydrostatic pressure

Large loss deductible waiver - Waives deductible for property losses over $50K

Replacement cost - Replaces damaged personal property at the full cost to repair or replace without a
deduction for depreciation.

Building ordinance or law
– Covers increased costs you incur caused by the enforcement of building codes for your home and other structures, potentially on an unlimited basis.

Equipment Breakdown - Helps you manage unexpected, sudden and accidental mechanical or electrical breakdowns (wear and tear is not covered) and cover the cost of diagnosing and repairing insured equipment.

Service Line - Added protection to your homeowner policy to guard against potentially expensive failure of utility lines for water supply, waste disposal, electrical power, heating, communications, drainage or compressed air lines.

Coverage Features
Standard Market
PRIZM Carriers
Guaranteed replacement cost
Capped at 120-150%
Cash Settlement
Backup of Sewers and Drains
Must be purchased, limited coverage
Yes, up to dwelling cost
Equipment Breakdown
Service Line Coverage
Large Loss Deductible Waiver
Loss of Use
Usually capped at 10% of dwelling
Seasonal / Secondary Home

Much like your primary residence protecting additional homes you own is as important as protecting your primary residence. Depending on where these homes are located, you may even be exposed to a variety of additional risks. For example, if your secondary home is in an area where there are frigid winters, and the home is left unattended for extended periods of time, the risk of freezing pipes and other winter related damages increases considerably. 

Or maybe your home is in Florida where hurricanes and flooding are an issue. Prizm’s ability to insure properties in all 50 states allows us to manage all your risks with the ease of one broker, ensuring we cover each risk properly and specifically, and also giving us a deeper understanding of your complete risk profile.

What if I rent my home out?

Having investment properties is a great way to create additional income streams, but they also come with their own unique set of risks. Long-term rentals and short-term rentals require entirely different policies, and not all carriers are willing to take on these risks: and many that do, have a laundry list of exclusions that ultimately leave you exposed. Understanding the appropriate policy type and the unique risks that come along with rental properties is key to protecting your financial future. Prizm not only has the best available policies for investment properties, but we also have the industry expertise to advise you on the coverage that you need.

Contact Us

Want to chat before you start the process?
Call us at (872) 298-2779 or use the form below to send us an email

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