Homeowners Insurance Coverages and Settlement Options

Foremost Insurance offers a variety of homeowners insurance products, so you can choose the coverage and settlement options that you want for your homeowners insurance.

Comprehensive Coverage

This provides coverage for most direct, abrupt and accidental physical losses that aren’t specifically excluded from your homeowners policy, subject to policy exclusions and conditions.

Liability Coverage

This provides coverage if you're found legally responsible for an accident that causes injury to someone who doesn't live in your home or causes property damage to another's property, subject to policy exclusions and conditions.

Replacement Cost

If you purchase replacement cost coverage for your policy and your home is damaged by an insured loss, the settlement reflects the cost to replace the damaged property with new property of like kind and quality, without deduction for depreciation, subject to policy exclusions and conditions.

Coverage A Plus SM

For a covered total loss, you won’t need to pay more than your chosen deductible, even if the current construction costs to rebuild (with materials of like kind and quality) are more than the dwelling limit. Subject to policy exclusions and conditions. (Not available in all states or programs.)

Named Peril

This provides coverage for "perils" (fire, explosion, lightning, windstorm and hail damage) that are specifically named in your homeowners policy, subject to policy exclusions and conditions.

Actual Cash Value

If your home is damaged or destroyed by an insured loss, this covers the cost to replace or repair your damaged property, less allowance for depreciation, deterioration and obsolescence, subject to policy exclusions and conditions. (Not available in all states or with all policy types.)

Extended Replacement Cost

You can receive up to an additional 50% of the insured amount to replace your home in the event of a total loss by a covered peril (not available in all states or programs), subject to policy exclusions and conditions.

Guaranteed Rebuild

Coverage pays the cost to repair or replace the home without deduction for depreciation (less the deductible), even if that cost exceeds the amount listed in the policy, subject to policy exclusions and conditions. (Not available in all states or programs.)

Coverage and settlement methods vary by product. Please check with an agent for details.

Extras We offer

  • Home share endorsement
  • Service line coverage
  • Replacement cost or comprehensive coverage on personal property
  • Equipment breakdown/home systems coverage
  • Scheduled personal property
  • Business property and liability
  • Higher liability limits
  • Blanket property limit
  • Ordinance or law coverage
  • Water backup coverage

Please verify availability in your state and program. If your home is located in Texas, please locate an agent to find out about additional coverages offered to Texas residents.

Homeowners Insurance Discounts

Here are a few ways you could save money with a Foremost policy.

Home Devices

Available for devices including fire protection, theft protection, and self-monitored thermostat.

Age of Home

Newer homes qualify for a higher discount.


Customers who remain claim-free could be eligible for discounts.


Insure another product such as a boat, auto, or motorcycle.

Discount availability varies by state, underwriting company and policy type, please talk to your agent for details about all the available discounts.

FAQ Homeowners Insurance

Here are just a few of the ways you can save money by choosing Foremost:

Foremost specializes in insurance policies for all types of homes, from newer “standard” and “preferred” homes, to older homes that may not qualify for "standard" or "preferred" insurance for one reason or another. We sell policies for both homeowners and owner-occupied dwellings, policies that provide coverage for the following kinds of properties and risks, subject to underwriting guidelines:

  • Primary residences, seasonal and secondary homes.
  • Newer, high-value homes and those that are older or lower in value.
  • Homes that are in above-average condition and reflect excellent maintenance to average homes that may have minor cosmetic conditions.
  • A broad range of applicants, including those with outstanding credit and those who may have credit or loss issues.
  • Applicants with prior insurance and those who may have been declined, cancelled or non-renewed by another insurance company.
Foremost Insurance offers policies with a variety of settlement options and has policies with quality coverage. Other companies may decline you and not offer you any policy.
Foremost Insurance offers flexibility with you in mind. We give you options and have multiple policy forms, so you can choose the coverages, limits, and deductibles that make sense for you. A Foremost policy allows you to customize coverage to your individual needs.
We’ve got a policy for nearly every customer and their home. We offer coverage for homes that may not qualify elsewhere. If you don’t qualify for “standard” or “preferred” homeowners insurance with other insurance companies, you may not be able to insure your home at all with those other insurance companies; Foremost has options that expand coverage availability for most consumers.
In addition to “standard” and “preferred” homeowners insurance, Foremost also offers flexible underwriting to accommodate most other situations. You may be pleasantly surprised to learn what Foremost charges to insure the liability arising from swimming pools and from owning certain types of dogs.
Foremost insures mobile and manufactured homes under our mobile home program, subject to underwriting guidelines. We offer coverages that are specific to mobile homes.

Get a homeowners quote