tower hill specialty insurance
Founded in 1972, Tower Hill Insurance is a leader among residential and commercial property insurers in the Southeast. Financial strength, product expertise, a comprehensive reinsurance program, and exceptional claims service are core business strategies of the organization
Tower Hill Specialty offers a range of coverage for homes valued up to $500,000, including seasonal and rental occupancy. Coverage is also available for vacant homes valued at up to $1 million.
Recognizing that homes built mid-century or earlier may have experienced multiple claims, we provide actual cash value settlement with replacement cost as an option in most programs. Comprehensive Personal and Premises Liability with limits up to $500,000 are available.
The speciality personal lines property insurance market can best be described as dwelling fire, manufactured home, condo, and homeowner risks that fall outside of the standard and preferred marketplace. Tower Hill Specialty’s value proposition is based on – Ease of use business practices – Competitive and adequate rate structure – Singularly focused on a broad specialty product suite – Superior claims expertise and service
Dwelling
Guidelines DP1 Program DP3 Program
Age of home No restrictions 80 years of age and newer
Home value & occupancy type Up to $500K for owner-occupied; seasonal; rental
Up to $1M for vacant homes Up to $500K for rental
Up to $1M for seasonal and vacant
Coverage Named perils Comprehensive; water included
Liability Comprehensive personal or premises up to $500KComprehensive personal or premises up to $500K.
Fire PCAny protection class (incl. 9 & 10) Any protection class (incl. 9 & 10).
Prior claims Multiple claims acceptable Multiple claims acceptable.
Loss settlement Actual cash value (ACV) Replacement cost for home and other structures; ACV for contents with replacement cost optional.
Tower hill Manufactured Home Insurance Arizona
Guidelines: MHO Program.
Age of home: No restrictions.
Home value Up to $300K.
Occupancy type Owner-occupied; seasonal; rental; tenant; and vacant.
Coverage Comprehensive MHO.
Liability Comprehensive personal or premises up to $500K.
Fire PC Any protection class (incl. 9 & 10).
Prior claims Multiple claims acceptable.
Loss settlement Stated value with replacement cost optional.
Tower hill Homeowners Insurance
Guidelines HO3 Program.
Age of home 80 years of age and newer.
Home value Up to $500K.
Occupancy type Owner-occupied and seasonal; occasional rental coverage available.
Coverage Comprehensive.
Liability Comprehensive personal or premises up to $500K.
Fire PCAny protection class (incl. 9 & 10).
Prior claims Multiple claims acceptable.
Loss settlement Replacement cost for home and other structures; ACV for contents with replacement cost optional.
Tower hill Condominium Insurance
GuidelinesHO6 Program.
Age of home No restrictions.
Home value Up to $500K.
Occupancy type Owner-occupied; seasonal; short-term rental; vacant units can be placed in the Dwelling Basic (DP1) program.
Coverage Named peril for dwelling and personal property.
Liability Premises liability $100,000 included, with options for $300,000 or $500,000.
Fire PC Any protection class (incl. 9 & 10).
Prior claims Multiple claims acceptable.
Loss settlement Replacement cost for the dwelling; ACV for contents with replacement cost optional.