Great Lakes Mutual

Dwelling Properties

From tenant-occupied rentals and vacant property, to garages and seasonal camps, Great Lakes provides flexible Dwelling Properties Insurance to meet your coverage requirements.

Whether you need basic dwelling fire coverage or greater protection from a wider range of perils, GLM can create a market value policy tailored to meet your replacement needs. You'll also enjoy the flexibility to insure multiple dwelling properties at different limits and with different coverages. How convenient is that?

Contact a Great Lakes Mutual agent today to learn more about our Dwelling Properties policies.


Dwelling Properties Policies

Great Lakes Mutual Insurance offers five different levels of dwelling property protection across three Forms: Basic (DP-1), Broad (DP-2), and Special (DP-3).

1. Basic (DP-1):

  • Dwelling Fire Coverage: This Basic Form policy protects your property from fire, lightning and explosion.

  • Fire and Extended Coverage: Dwelling fire and additional coverage from wind, hail, smoke and other perils.
    See below for for perils covered chart.

2. Broad Form (DP-2):

  • Broad Form: This comprehensive policy covers a wide array of named perils from fire and falling objects to electrical damage and frozen plumbing. Broad Form coverage also includes burglary damage and vandalism.

3. Special Form (DP-3):

  • Special Form: GLM offers open peril property coverage to the residence and related private structures. Coverage includes all perils under the Broad Form and other perils not specifically excluded in the policy.   


Property Coverage 

Great Lakes Mutual Insurance policies provide the following types of coverage, up to the limits outlined in the policies.

  • Residence (Coverage A): With GLM Basic Form coverage, your residence can be insured up to 100% of your home’s actual cash value. Both Broad and Special Form coverage can be written for the market value of your property. A Modified Replacement Cost Endorsement (FL-5256) is applied to waive depreciation, in the event of a loss, on property insured to less than 80% of its replacement cost.

  • Related Private Structures (Coverage B): Coverage is provided for loss to structures related to the dwelling (including additions and built-in components) for Broad and Special Form policies. Coverage B can be added to Basic Form policies. Examples include: storage sheds, gazebos, saunas and permanently installed outdoor fixtures such as privacy fences, sidewalks and driveways.

  • Personal Property (Coverage C): Coverage C can be added to any GLM Dwelling Insurance Policy. Personal property loss, is settled on an actual cash value basis. Contact your Great Lakes agent about coverage for your personal property.

  • Loss of Use and Additional Living Costs (Coverage D): In the event your home or tenant-occupied dwelling becomes unfit to live in due to a covered loss, Great Lakes Mutual will pay for additional living costs and fair rental value. Additional costs may include temporary housing, meals and other living expenses you may incur while your dwelling is uninhabitable. Coverage D is included on GLM Broad and Special Form policies and can be added on Basic Form policies.

    Additional Coverage D limits are available. Talk to your agent about increasing Coverage D on your policy.


Perils Insured Against


Premises & Personal Injury Liability Coverage

Hidden trip hazards. Slip and fall accidents. These conditions, and many other events, could result in legal and medical expenses if a person gets hurt on your property. Talk to your GLM agent about an optional Premises Liability Endorsement.

Great Lakes Mutual will cover legal costs and payments if you are found negligent for bodily injury or property damage caused by an incidence or an occurrence on your property. GLM also covers Personal Injury Liability such as slander, libel and wrongful eviction.

Premises Liability coverage limits range from $100,000 up to $500,000 and include $5,000 in medical payments. Protect yourself and your property in one GLM policy!


Optional Endorsements

Great Lakes Mutual offers optional endorsements for certain risks that qualify. Contact your Great Lakes agent.

  • Water Backup & Sump Overflow or Discharge (DP 3508):
    The Water Backup & Sump Overflow or Discharge endorsement can be used to add coverage for direct physical loss caused by water or matter present in or carried by water that backs-up through sewers or drains or overflows or discharges from a sump, sump pump, or related equipment or any other type of system designed to remove subsurface water that is drained from the foundation area. Flood is excluded. Coverage options include $5,000 with a $500 deductible and $10,000 with a $1,000 deductible.

  • Limited Theft Coverage (DP 3535):
    Great Lakes endorsement DP3535 can be used to provide on-premises theft coverage on policies that insure personal property in non-owner occupied dwellings. Theft by tenant is excluded.

  • Increased Cost - Ordinance or Law (DP 3557):
    Great Lakes Mutual endorsement DP 3557 can be used to add coverage for the increased cost that results from the enforcement of a code, ordinance, or law that regulates the construction, demolition, remodeling, renovation, or repair of property following a covered loss.


Dwelling Properties

  • NEW! Short-term / Vacation Rentals

  • NEW! Student Rentals

  • Rental Properties

  • Vacant Properties

  • Homes for Sale

  • Homes in Estate

  • Garages

  • Builder’s Risk

  • Hunting Camps

  • Cottages

  • Pole Buildings

  • Storage Sheds

...and More!