Homeowners Basic & Basic Plus
Our homeowners products are designed with your Texas clients in mind. We offer key coverages and policy options not readily available through national insurors; with competitive prices your customers will appreciate.
Coverages & Options (Texas)
Guidelines
HO1 Basic
HO1 Basic Plus
Age of home
80 years old or newer
80 years old or newer
Home value
Max. value is $250,000 / Min. value $75,000
Max. value is $500,000 / Min. value $75,000
Occupancy type
Owner & seasonal occupancies
Owner & seasonal occupancies
Coverage
9 Named Perils
18 Named Perils
Liability
Personal Liability included at $25,000 with option up to $300,000
Personal Liability included at $25,000 with option up to $300,000
Fire Protection Class
Any protection class, including classes 9 & 10
Any protection class, including classes 9 & 10
Personal Property
Named Peril; 40% of dwelling limit included
Named Peril + additional coverages; 40% of dwelling limit included with option up to 100%
Prior claims
Multiple claims acceptable, up to three losses in the past three years
Multiple claims acceptable, up to three losses in the past three years
Loss settlement
Actual Cash Value
Replacement Cost with Extended Replacement Cost option
Coastal Risks
Accepted; Wind/Hail restrictions apply to risks located within 20 miles of the coastline
Accepted; Wind/Hail restrictions apply to risks located within 20 miles of the coastline
Aspen MGA will consider risks with the following characteristics, based on location and condition. Through Tower Hill Specialty. An A.M. Best, A - Rated Company.
Download PDFA Proud Partner of Tower Hill Specialty
Tower Hill Specialty offers a unique blend of industry experience and broad Underwriting appetite for niche markets often underserved by national insurers. Our specialty homeowner, dwelling, and manufactured home products provide key coverages and policy options at competitive prices. Our targeted programs provide access to a market specializing in often challenging to place risks.
Tower Hill Specialty, LLC is a subsidiary of Tower Hill Insurance Group, LLC headquartered in Florida. Founded in 1972, Tower Hill Insurance, is a leader among residential and commercial property insurers in the Southeast. Financial strength, product experience, a comprehensive reinsurance program and exceptional claims service are core business strategies of the organization. To learn more about Tower Hill Products click here.
