Coverage Unlike Any Other For a Lifestyle Unlike Any Other
Whether it's your vacation home or your primary residence, you want your home on the lake protected. Lakefront homes have unique insurance needs. At Farm Bureau Insurance, we've crafted a custom policy with specific coverages for lakefront owners like you.
Coverages
Farm Bureau’s Lake Estate® Insurance Policy provides higher limits of many lake-specific coverages that a typical homeowners policy doesn’t cover. From docks to boat hoists to sea walls and more, the Lake Estate® policy is custom-made to meet the needs of lakefront living.
Farm Bureau’s Lake Estate® policy keeps you protected from damages to your lakeside home. Our policy gives you the coverages you need to protect your piece of paradise from whatever comes your way.
Dwelling
Dwelling coverage ensures your home and other structures are protected from life's unexpected moments.
Loss of Use
Loss of Use coverage helps cover additional living expenses, such as hotel stays, for up to 24 months while your home is repaired or rebuilt.
Open Perils
Open Perils coverage protects your Dwelling and Other Structures from all risks and damages except those specifically excluded in the policy, with an option to extend Open Perils coverage to Personal Property.
Superior Coverages
Your Lake Estate® policy automatically includes the Lake Estate® Package Endorsement containing numerous coverages specific to lakefront living, including Fuel Spill Liability, Uninsured Boaters, Wind Driven Ice, Wave Action from a Single Storm, and much more.
Your policy also contains essential coverages such as Cyber Protection, Home Systems Protection, and Underground Service Line, providing protection against today’s digital and infrastructure risks.
We automatically include the Select Premier endorsement with all Lake Estate® policies for enhanced protection, including coverages like Hidden Water Damage, Mortgage Expense, Collapse Due to Hydrostatic Pressure, Business Property, and more.
Special Uses
Your Lake Estate® policy can include coverages for properties owned in the name of a trust or LLC or used as a rental through a home-sharing network platform.
Additional Options
For added peace of mind, we offer a range of additional coverages, including Extended Replacement Cost and Extended Premier Replacement Cost. These options provide up to 150% and 200% of your dwelling’s insured value, helping cover increased rebuilding costs if construction prices rise.
Your lakefront home is more than where you live. It contains your memories and all the items you’ve worked hard for. A Lake Estate® policy from Farm Bureau is designed to protect cherished assets on and off the water.
Personal Property
Personal Property coverage protects all the things you’ve worked for – your furniture, clothing, and other valuable personal assets. With a Lake Estate® policy, you also get protection for lake-focused property like docks, boat hoists, sea walls, anchored rafts, water trampolines, slides, and ice shanties.
Additional Property
We offer protection for your valuable possessions, such as boat trailers, boating and fishing equipment, water skis and scuba/snorkeling gear, cameras, electronics, jewelry, fine arts, and more.
Motorized Boats
As part of your Lake Estate® policy, we provide baseline protection for motorized boats like replacement costs on newer watercrafts, waterside assistance, and uninsured boaters protection. Higher limits are available through our Scheduled Personal Articles Policy.
Non-motorized Boats
As part of your Lake Estate® policy, we provide protection for non-motorized boats like kayaks, canoes, paddleboats, and more.
Farm Bureau’s Lake Estate® policy protects more than just your lakefront home. You can have peace of mind that your wallet is covered too.
Personal Liability
If someone is injured on or off your property, Personal Liability coverage keeps you protected from potential lawsuits. With your Lake Estate® policy, you’re also protected from boat-related liabilities like fuel spills.
Watercraft Liability
Watercraft Liability extends coverage in Personal Liability and Medical Payments for watercraft that is not excluded in the base policy. It also includes coverage for both Uninsured Boaters Coverage and Fuel Spill Liability.
Medical Payments
Medical Payments coverage provides protection from injuries that occur at your residence (e.g. a friend slipped on your icy stairs).
Claims Expenses
Included at no additional cost, Claims Expenses are covered for reasonable expenses incurred up to $250 per day.
Meet Ting
Fire safety, simplified
As a customer of Farm Bureau Insurance of Michigan, it is our mission to help keep you safe. Ting is proven smart home technology that plugs into an outlet and monitors your home for electrical fire hazards, and it's completely free to you!
