Cat4Home Residential Products

The Cat4Home product provides two levels of coverage:– Hurricane Only Deductible Reimbursement Coverage or Named Storm Deductible Reimbursement Coverage.  The Named Storm level of coverage is currently available in NC, SC, VA, MS & AL.

The value proposition of Cat4Home is to provide added coverage protection to consumers for named storms or hurricanes, by paying for losses covered within the named storm or hurricane deductible of their homeowner’s policy.

Cat4Home offers the opportunity to minimize and possibly eliminate the high cost of named storm or hurricane deductibles for a reasonable annual premium, resulting in no out-of-pocket expenses associated with property damage and loss caused by a named storm hurricane by the National Oceanic and Atmospheric Administration (NOAA).

Simplified Coverage Definitions

Reimburses the insured for losses in the policyholder’s named storm or hurricane deductible within their primary homeowner’s, condominium unit owner’s or dwelling fire policy.

Flexible Limits

Limits  – $1,000 minimum up to $100,000 maximum (higher limits will be considered)

Simplified Claim Trigger

  • Named Storm as named by NOAA or the National Hurricane Center (NHC)
  • Named Hurricane as a Category 1 or higher event

Policy Form and Coverage

Cat4Home is a “Follow Form” policy.

Reimburses the insured for losses covered in the named storm or hurricane deductible from their homeowners (HO) policy. The named storm or hurricane deductible is usually stated as a percentage of the home’s dwelling value and can range from 1% – 10%. In the event of a named storm or hurricane that causes damage to the insured’s dwelling, the insured should file a claim with both the Vertus Claims Team and the homeowners policy carrier. Once there is confirmation from the homeowners policy carrier that the event/damage is covered under the homeowners policy and a claim report is provided to the insured, the claim report should be submitted to the Vertus Claims Team for speedy settlement. Eligible primary policy forms are:  Florida, North Carolina, South Carolina, Virginia, Mississippi & Alabama – HO-3, HO-5, HO-6, HO-8 & DP-3 and Texas – HO-B, HO-C, HO-3, HO-5, HO-6, HO-8, DP-3 & TDP-3

Insurance Underwriting Company enjoys an A.M. Best rating of A+ (Superior).

Quoting and Underwriting Process

Cat4Home runs on a leading-edge technology platform allowing for easy, speed to quote and issue process.  All of the underwriting decisions are done “in the box.”  As the system returns a quotation, the risk is eligible to be bound.  Primary and Secondary residences eligible.

Criteria to quote – Simplified criteria to allow a majority of homes to be eligible.

Speak with a Vertus Agent

Note: Policy holders will receive all insurance documents electronically at the time the policy is issued from their agent. The policy confirms that valid homeowners insurance is in effect and that all coverage’s, declarations and limitations, etc. are clearly outlined. We encourage our policyholders to review their insurance documents and to contact their agents if they have questions or concerns about any policy issues.