Options available for other structures

Outbuildings come in a variety of sizes and are used for many different purposes. To cover outbuildings, Phenix Mutual homeowners policies include a base limit equal to 10 percent of the Coverage A limit. In the event that this limit is not adequate or is restricted by contract language, the following ISO endorsements are available to increase the Coverage B limit or provide coverage that will apply to an outbuilding on the residence premises:

• HO 04 48        Other Structures – Increased Limits
• HO 04 40        Structures Rented to Others – Residence Premises
• HO 04 42        Permitted Incidental Occupancies

For outbuildings which are not insurable or that the insured does not wish to include with their coverage, Phenix Mutual offers the BE-22 Other Structure Exclusion endorsement. This form excludes Section I coverage for the named outbuilding.

Many homeowners own structures away from the residence premises, such as sheds or other structures not capable of being used as a dwelling or not used for business. For these types of structures, the following optional endorsements are available to Phenix Mutual policyholders:

• HO 04 91       Coverage B – Other Structures Away From The Residence Premises
• HO 04 92       Specific Structures Away From the Residence Premises

Phenix Mutual has many options to help find solutions to your clients’ needs. Our Personal Lines associates are happy to answer any questions you may have: 800-343-5888.