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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 (FL-1), Broad (FL-2),
and Special (FL-3).
1. Basic (FL-1):
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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.
Click here for perils covered
chart.
2. Broad Form (FL-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 (FL-3):
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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.
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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-256) 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 to provide limited
protection on Basic Form policies.
Perils Insured Against
 Click button for perils covered chart.
Premises
Liability Coverage
Hidden
trip hazards. Slip and fall accidents. Pet
encounters. All of 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.
Premises
Liability coverage limits range from $25,000 up
to $500,000 and include $5,000 in medical
payments. Protect yourself and your property in
one GLM policy!
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