Products & Services – Virginia

Virginia Dwelling Policy Program

ACV Coverage
Form VDP-1
Owner – Tenant
Renters Contents
Dwellings begin Remodeled

Inland Mutual’s Dwelling Policy (Vdp-1) Program is designed to include all of the above types of coverage, and can be tailored to the needs of individuals who may otherwise be screened from other C available coverage due to special hazards present on the property. We can work with our agents and brokers to provide coverage for those special risks, or to rental property owners who may not have other supporting coverage to offer a company. Inland requires no supporting coverage for our Dwelling Policy Program.

Vacant or Unoccupied

We recognize that for economic reasons, many individuals do not want to insure a vacant or unoccupied home to either replacement or market value, which violates historic “Insurance To Value” principles. We actually prefer to offer limits no greater than market value, and by doing so, we fill a need for customers not wanting to purchase insurance to value. Inland’s Virginia Dwelling Policy can provide coverage for transferred owners of property, property being held in estate, unoccupied or vacant property in the hands of a realtor, and property being remodeled coverage is offered for 3 month, renewable term. OLT Premises Liability is also available.

Mobile Homeowners

Actual Cash Value Coverage
Forms: MH-BASIC, MH-BROAD, AND MH-PLUS

“The Mobile Home Program is divided into three forms:

Basic: Consists of limited named peril coverage and may be used for “seasonal” and older, lower value mobile homes

Broad: Additional named peril coverage over the basic form, for mobile homes less than 20 years old and evidence of pride in ownership.

Plus: Increased coverage over the broad form for mobile homes 10 years old or less. Must show pride of ownership.

The forms allow for properly installed woodburning units, stoves, and fireplaces at an additional charge.

The format is similar VSPHO-8 coverage, along with Other Structures, Contents, Additional Living Expenses, Personal Liability Coverage, and Med Pay (to others) included.

As with the other forms, special needs can be considered for additional premium charge.

Virginia VSPHO-8

Named Peril – Market Value Homeowner Program

“Inland Mutual’s VSPHO-8 program is a specified peril market value program providing coverage for insureds who may not qualify for standard homeowner coverage.

We do not automatically “screen out” those with loss history or other adverse situations, nor do we automatically decline those with animals, ATVs, swimming pools, or trampolines as do some other insurers. Our coverage is priced to allow for these perils, therefore allowing the customer access to our named peril, market value VSPHO-8 policy, also providing Other Structures, Contents, Additional Living Expense, Personal Liability and Med Pay (to others) coverage just as a standard homeowner form would provide.

If you would normally turn to Virginia Property Insurance Association for coverage, we would invite you to call us first, as your customer may qualify for VSPHO-8.

Renters Contents

Package Program (RTR Basic)
Actual Cash Value Coverage

A package policy offering property and liability coverage for renters.

The policy provides contents, additional living expense, and personal liability, and is similar to the VSPHO-8 without dwelling and other structure coverage.

It is BASIC coverage for those who may not be eligible for an HO-4 contents policy. Annual policy term is required.