Lifestyles of 55+
Condo and Townhouse Program with Utica First
Utica First is the first company to offer a condominium / Townhouse Policy aimed specifically at America’s fastest growing population segment-- folks over 55 years of age. As families approach retirement, many are choosing to downsize from larger homes to more manageable sized properties. This Program includes a wide variety of special coverages at Rates that are LOWER than our everyday condominium prices! Our unique increase of improvements and betterments coverage to 50 % of coverage C makes this policy your best value in condominium and townhome policies.
Eligibility: - Named Insured must be age 55 or above (But does NOT have to be retired) - Home must not be rented to others - Minimum Values: $ 20,000 - Maximum Values: $ 400,000 - Personal Inland Marine: $ 10,000 maximum one Item and $ 50,000 maximum schedule Coverage Enhancements - Identity Fraud: $ 1,000 - Personal Liability: $ 300,000 - Jewelry, Watches, Precious & Semi-Precious stones, gems, & Furs: $ 1,500 per item and $ 5,000 total Schedule (includes mysterious Disappearance) - Silverware, Goldware, and Pewterware, including gold or Silverplated items: $ 1,500 Per Item and $ 5,000 total schedule (includes mysterious Disappearance) - Personal Injury coverage - Lock Replacement: $ 500 - Loss Assessment: $ 5,000 - Credit and Fund Transfer Cards: $ 10,000 - Business Property: $ 5,000 on Premises, $ 500 off Premises - Condominium Unit Owner Additions: increased to - Personal Property away from Premises due to Flood, Earth- Quake, or Collision: $ 1,000 _ Back-up of sewers and Drains: $ 2,000