Hoffman Comparison

NEW HOME-Declined







OLD HOME as primary policy (not for rental)
Dwelling Coverage $429,600 plus Guaranteed Replacement Cost
Medical Payments- $5,000
Liability- $500,000
Deductible- $1,000
Total $1,380/year

AUTO
Bodily Injury $250,000/$500,000
Property Damage $100,000
Medical $5,000
Uninsured/Underinsured $250,000/$500,000
Uninsured Property Damage $100,000
Collision Deductible $400
Comprehensive Deductible w/ full glass $100
Total $1,715.50/year

UMBRELLA
Each Occurrence $1,000,000
Excess Uninsured/Underinsured Motorists $1,000,000
Total $445/year

NEW HOME
Dwelling Coverage $1,100,000 plus Guaranteed Replacement Cost
Medical Payments- $5,000
Liability- $500,000
Deductible- $2,500
Total $3,477/year

OLD HOME
Dwelling Coverage $450,000 plus Extended Replacement Cost (125%)
Medical Payments- $5,000
Liability- $500,000
Deductible- $2,500
Total $1,414/year

AUTO
Bodily Injury $250,000/$500,000
Property Damage $100,000
Medical $5,000
Uninsured/Underinsured $250,000/$500,000
Uninsured Property Damage $100,000
Collision Deductible $1,000
Comprehensive Deductible w/ full glass $500
Total $1,714/year

UMBRELLA
Each Occurrence $1,000,000
Excess Uninsured/Underinsured Motorists $1,000,000
Total $452/year

NEW HOME
Dwelling Coverage $840,869 plus Guaranteed Replacement Cost
Medical Payments- $5,000
Liability- $500,000
Deductible- $1,000
Total $4,001/year

OLD HOME
Dwelling Coverage $446,384 plus Extended Replacement Cost (125%)
Medical Payments- $5,000
Liability- $500,000
Deductible- $1,000
Total $2,082/year

AUTO
Bodily Injury $250,000/$500,000
Property Damage $100,000
Medical $5,000
Uninsured/Underinsured $250,000/$500,000
Uninsured Property Damage $100,000
Collision Deductible $500
Comprehensive Deductible w/ full glass $100
Total $1,368/year, now rated $1636/year

UMBRELLA
Each Occurrence $1,000,000
Excess Uninsured/Underinsured Motorists $1,000,000
Total $487/year