NEIUSelect For High-Value Homeowners Coverage

New England Insurance Underwriters is pleased to offer NEIUSelect high-value Homeowners coverage.  Maximum Coverage A of $5,000,000 and Total Insured Value (TIV) of $6,500,000.

Risk Parameters

• Central station alarms – fire, burglar, and low temperature – are required for homes with a Coverage A limit exceeding $1,500,000.
• Minimum AOP Deductible – $5,000.  AOP Deductibles up to $100,000 are available
• Wind / Hail Deductible only. Minimum 2% up to 10%
• One and two family homes only
• HO3 form
• Roofs must be less than 30 years old

Coverage Options

• Extended Replacement Cost coverage limited to 125% via endorsement
• Limited fungi limits up to $100,000 / $300,000
• Mechanical Breakdown limit up to $25,000
• Water Back Up limit up to $100,000
• Jewelry and fine arts coverage can be scheduled

Quoting

• Submissions can be made on the NEIU quoting platform

Billing

• NEIUSelect accounts will NOT be billed through our third party billing platform (Bill It Now).
• Insureds will be sent a paylink at time of binding.
• Payment can be made via ACH / e-check or physical check. Insured is responsible for any ACH fees
• Two and four pay installment plans are available.  Installment fees apply.