Home Insurance

Fine homes deserve special treatment

The ACE Platinum Portfolio recognizes that fine homes often have unique features and high quality furnishings that require special treatment not found in standard industry policies. To ensure the proper level of protection, our home policy includes many benefits.

Benefits:

Full replacement cost on your home. We promise to pay the full cost of having your home and other structures on your property rebuilt after a covered total loss, even if the amount exceeds the limit in your policy.

Replacement cost for contents. We do not apply depreciation to furniture, clothing, and your other possessions. Buy new replacements of similar type and quality, and we will reimburse you.

Cash settlement option. If you decide not to rebuild your home after a covered total loss, you can choose to receive a cash settlement up to your policy limit.

Broad coverage. We automatically include coverage for identity fraud, kidnap and ransom, home banking records, mortgage re-negotiation, land restoration, and personal computers and computer records. We can also provide extra coverage for losses due to flood.

Rental property option. If you rent a property you own to someone else, you have the option to insure only the structure and not the contents.

Coverage Comparison

The ACE Platinum Portfolio homeowners policy promises to pay the full cost of having your home and other structures on your property rebuilt after a covered total loss, even if the amount exceeds the limit in your policy.

By contrast, standard industry policies cap the payout amount. Since studies show that most homes in the country are undervalued in their insurance policy, the payout cap can leave homeowners, especially affluent ones, dangerously exposed if their home is destroyed. Check your current policy or ask your agent what kind of coverage you have. See a coverage comparison.

Learn more about other advantages the ACE Platinum Portfolio has over standard industry policies.

Home & Safety Review

When you first insure your home with us or add a new home to your policy, we provide a complimentary evaluation of the home and valuable collections it might contain. In many cases, we can provide prudent advice about reducing the risk of loss without ever visiting your home. In other cases, we can provide effective advice only by visiting a home due to its location, size, complexity, and contents.

When we do visit a home, our goal is to equip you with the most current loss prevention advice based on our actual claim activity, confirm that you are receiving appropriate credits on your policy, document your home and its architectural features, identify techniques for operating a more eco-friendly household, and provide an estimate of your home's current replacement value in the event of a total loss.

This approach helps us proactively protect your home and family, reduce the cost of insurance over time, and streamline the claim process if you do have a covered property loss. Your agent will advise you on the risk consultation appropriate for your needs.

Take our home tour to see the design features and cost factors we consider to help make sure you have enough insurance to fully repair or rebuild your home if it were damaged.

Testimonials

When you have a claim, we have our best opportunity to demonstrate the superb quality of our coverage and service. That’s why we ask every client who has received a claim payment to assess our performance. The result: 97 percent of respondents would refer us to their friends or family.

View our customer testimonials.