At Orchid we offer a wide range of homeowners products to suit your needs. We currently offer HO3, HO5 and HO6 and even HO4 policies.
Key Features:
- HO3 and HO5 minimum is as low as $200,000 in most states
- HO6 programs start at $50,000
- Flexibility allowed in coverage limits as long as they don’t exceed the maximum values of:
- Coverage B Up to 30% of Coverage A
- Coverage C Up to 70% of Coverage A
- Coverage D Up to 30% of Coverage A
The Orchid Difference
- Can write in 50 states and the Caribbean
- Write as high as $20 million total insured value with carrier approval
- Provide flexible wind deductible options as low as 1% (varies by state)
- Offer multi-family dwelling with a maximum of 4 families
- Can write Protection Class 9 or 10 risk with the appropriate questionnaire completed
- Provide the option to exclude Wind on any policy type
- We offer Earthquake coverage at 5% and up in select states
General Requirements
- There needs to be no existing unrepaired damage to the risk
- No more than two mortgages on the property
- Dogs on the excluded breed list are acceptable but will be excluded from liability
- Slides, diving boards, trampolines and large outdoor play sets are acceptable but will be excluded from liability
- Business within the risk is generally not included
- No more than 2 non catastrophic losses within the last 3 years
- Daycare risks are not acceptable
- No modular or mobile homes
