This policy is the best coverage form you can obtain for your rental properties in Cincinnati. Unlike DF-1 and DF-2 policy forms this policy form offers all risk coverage under coverage A and Coverage B except for losses excluded in Section I – Property Protection Exclusions.
To find a company offering low-priced premiums for landlord insurance policies in Cincinnati click here.
If you recall the DF-1 and DF-2 policy forms only extend coverage for what is named in the policy. If something happens to your rental and the peril is not listed in the policy you have no coverage available.
Keep in mind the DF-3 does not provide unlimited coverage for all situations. Exclusions, limitations of coverage and terms and conditions of coverage are listed, read the entire policy carefully. Additionally do not assume that each DF-3 policy is identical to other companies DF-3 policy form. (READ YOUR INDIVIDUAL POLICY) Click here to review typical coverage exclusions for the DF-3 policy form in Cincinnati.
Because this coverage is the broadest of the three policy forms it’s also the most expensive. Additionally to obtain the DF-3 policy form requires you to insure your Cincinnati rental property to 80-100% of the replacement cost of the building. This option may require you to insure your property for an amount much greater than what the market dictates. This is particularly true with some of the older homes found in the Cincinnati area.
To find a company offering the best premium rates for rental insurance policies in Cincinnati Click here.
Or if you have a question please feel free to contact me directly by calling 513-662-7000 or sending a quick email to jack@pathwayinsurance.net
[...] DF-3 Special Form- Click here to see what typically is covered under the DF-3 [...]