Dwelling Property Coverage Comparison

Document was prepared to provide a quick reference guide and does not supersede or change any of the coverages or exclusions existing in the actual policy form.

Coverage
Description

Citizens
DP1 & DP3

Safepoint Insurance Company DP1 & DP3

Comments or Explanations

Eligibility

Tenant Occupied Risks or otherwise ineligible risks for the HO program

Tenant Occupied Risks or otherwise ineligible risks for the HO program

 
Standard Coverage

Coverage A - Dwelling

Named Perils - Basic Form for DP1 and Open Perils Coverage for DP3 Min Cov A $15,000 Max $1,000,000.

Named Perils - Basic Form for DP1 and Open Perils Coverage for DP3 Min Cov A $15,000. Max $1,000,000.

 

Coverage B - Other Structures

Up to 10% of Coverage A. There is no specific coverage available for Other Structures

Up to 10% of Coverage A. Additional coverage for specific other structures not rented to others can be purchased up to 70% of Coverage A

Note: The limit of Coverage B on a DP1 is not additional insurance

Screened Enclosures/
Hurricane Coverage

Not Available

Not Available

 

Coverage C - Personal Property

Optional Coverage can be purchased to a limit of 50% of A. Maximum of $200,000 on Condos, $100,000 on tenant contents and $30,000 on tenant named insured.

Optional Coverage can be purchased to a limit of 50% of A. Maximum of $200,000 on Condos, $100,000 on tenant contents and $30,000 on tenant named insured.

 

Coverage D - Fair Rental Value and E - Additional Living Expense

The limit of insurance will be 10% of the Coverage A limit applicable to these two coverages combined.

The limit of insurance will be 10% of the Coverage A limit applicable to these two coverages combined.

Note: The limit of Coverage D and E on a DP1 is not additional insurance

Coverage L - Liability

$100,000

$100,000 or $300,000

 

Coverage M - Medical Payments (obtained only in conjunction with Coverage L)

$2,000

$2,000

 
Optional Coverages

Limited Fungi, Wet or Dry Rot, or Bacteria Coverage

$10,000 included in the Property form which cannot be increased. When Personal Liability is included in the policy a $50,000 sub-limit applies.

$10,000 Property Limits; $50,000 Liability Limits. May be increased to $25,000 or $50,000 Property and $100,000 Liability.

 

Water Backup, Sewer and Drains or Sump Overflow

Not Available

Not Available

 

Permitted incidental Occupancy - Liability

Not Available

Coverage available for an additional premium.

 
Miscellaneous

Cosmetic or Aesthetic Damage to Floors

Cosmetic or Aesthetic Damage to Floors subject to a $10,000 limit for Coverages A, B, D and E.

Cosmetic or Aesthetic Damage to Floors subject to a $10,000 limit for Coverages A, B, D and E.

Damage by Falling Objects is not covered unless there is first damage to the roof or outside walls

Equipment Breakdown Enhancement Endorsement

Not Available

This optional endorsement (available only on DP-3 policy form) provides for the inclusion of equipment breakdown as a covered peril. Limit of coverage per occurrence $50,000/$500 deductible.

 

Contact Information:

24 Hour Claims:
855-CLAIM15
Personal Lines:
877-858-7445
Commercial Lines:
844-722-9985
This company was issued a rating by the A.M. Best Company, click for additional details
FSR for SAFEPOINT INSURANCE COMPANY

Customer Service

Phone: 877-858-7445
Fax: 813-906-6474
underwriting@safepointins.com
billing@safepointins.com

Payments

Safepoint Insurance Company
P.O. BOX 292547
Tampa, FL 33687

Overnight Mail

Safepoint Insurance Company
8761 N 56th Street
Box 292547
Tampa, FL 33617