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Our program for homeowner insurance coverage has been tiered to allow the offering of coverages at rates commensurate with loss exposures and special handling associated with a given applicant. A total of five (5) rating and underwriting tiers are offered. All have the same basic insuring agreement with variations in eligibility, coverage forms and prices.
Fundamental eligibility requirements include:
- the owner-occupant of a dwelling used only for private residential purposes;
- a tenant (non-owner) of a dwelling or apartment if the residence occupied by the insured is used for residential purposes;
- one of the co-owners provided each occupies separate apartments within the dwelling. A tenant policy may be issued to the other co-owner;
- modular homes installed on permanent foundations.
A policy may only be issued where the main residence insured:
- is used exclusively for residential purposes (except for certain incidental occupancies); and
- the residence contains no more than two families with no more than two roomers or boarders per family; and
- has the same location as the mailing address of the insured. Applicants who choose not to receive their mail at the premises/described location to be insured are not eligible for this program. If the United States Postal Service does not provide street delivery of mail to the insured premises/described location, a PO Box in the same municipality and zip code may be considered.
Madison Mutual Insurance Company products are offered exclusively through Licensed Independent Insurance Agents and Brokers. You may use our Producer Locator page to find a local representative.
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