AARP Homeowners Insurance

Does AARP have homeowners insurance?

When it comes to homeowners insurance, you might find yourself wondering if AARP, an organization renowned for its advocacy for people aged 50 and older, offers this essential insurance product. The answer is yes, AARP does provide homeowners insurance through a partnership with The Hartford, a well-established insurance company. In this detailed guide, we will explore everything there is to know about AARP homeowners insurance, including how it works, what’s covered, the benefits, and common questions consumers may have.

AARP and The Hartford: An Overview

AARP

AARP, formerly known as the American Association of Retired Persons, is a nonprofit organization dedicated to enriching the experience of aging. While AARP provides a wide range of services, discounts, and information to its members, it also acts as a conduit for various insurance products, including homeowners insurance.

The Hartford

The Hartford Financial Services Group, Inc., more commonly known as The Hartford, is a leading provider in the insurance sector. It has a longstanding partnership with AARP to offer robust and tailored insurance solutions, including auto and homeowners coverage, specifically designed with seniors in mind.

Features of AARP Homeowners Insurance Through The Hartford

Standard Coverage

Homeowners insurance through AARP and The Hartford covers standard perils, typically including:

• Dwelling Coverage: Protection for your home’s structure against covered perils like fire, windstorms, and hail.
• Personal Property Coverage: Coverage for your belongings, such as furniture and electronics, against theft or damage.
• Liability Insurance: Protection against lawsuits for bodily injury or property damage caused by you or your family members.
• Additional Living Expenses: Covers living expenses if your home becomes uninhabitable due to a covered peril.

Additional Features

• Replacement Cost Coverage: Ensures you’re compensated for the full cost of repairing or replacing damaged items without depreciation.
• Identity Fraud Expense Coverage: Assistance with expenses that may arise if you become a victim of identity theft.
• Reimbursement for Home Safety Upgrades: Applies when you use certain types of contractors to upgrade the safety of your home after a covered loss.

Optional Add-Ons

AARP’s homeowners insurance offers several optional add-ons to enhance your coverage:

• Water Backup Coverage: Protects against water damage from backed-up drains or sewers.
• Green Rebuilding Coverage: Additional coverage for rebuilding with environmentally friendly materials after a loss.
• Valuable Items Coverage: Higher limits for high-value items such as jewelry or art.

Benefits of AARP Homeowners Insurance

Designed for Seniors

AARP’s insurance through The Hartford is tailored for older adults. Special features that may appeal to seniors include:

• Lifetime Renewability: As long as you pay your premiums, your policy will be renewed.
• Lock-In Cost Saver Benefit: Offers a potential reduction in premiums if you maintain your policy over time.

Discounts

AARP members can enjoy several discounts, such as:

• Bundling Discount: Savings when you bundle home and auto coverage.
• Home Security Discount: Discounts for having approved home security systems installed.
• Retiree Discount: Additional savings for retired individuals, recognizing that retirees often present a lower risk due to spending more time at home.

How to Apply for AARP Homeowners Insurance

Eligibility

To apply for AARP homeowners insurance, you must:

• Be an AARP member aged 50 or older.
• Own a primary residential property that fits The Hartford’s criteria.

Application Process

1. Join AARP: If not already a member, join AARP by visiting their website and following the membership instructions.
2. Contact The Hartford: You can reach The Hartford via phone or their website to inquire about homeowners insurance.
3. Provide Necessary Information: This includes details about your home, such as its location, size, and any security measures in place.
4. Review Policy Options: The Hartford��s agents will guide you through available options and customization features to meet your needs.
5. Finalize Your Policy: Select the coverage that fits your needs, agree to the terms, and pay your premium.

Frequently Asked Questions (FAQs)

How much does AARP homeowners insurance cost?

Premiums vary based on factors such as location, home value, deductibles, and chosen coverage. Discounts and existing AARP membership benefits can also affect pricing.

Can I switch my current homeowners insurance to AARP?

Yes, transitioning to AARP homeowners insurance can be straightforward. Discuss your options with a Hartford agent to ensure a smooth switch with minimal disruption.

Are there any disadvantages to choosing AARP homeowners insurance?

While AARP offers comprehensive coverage options, it may not be the cheapest option. It’s advisable to compare other providers to ensure value for money in relation to coverage needs and potential discounts.

Does AARP homeowners insurance cover floods and earthquakes?

Standard policies do not typically cover floods or earthquake damage. However, separate coverage options are commonly available.

Making the Most of Your AARP Membership

AARP members are encouraged to explore all the advantages that come with membership, beyond just homeowners insurance. This includes access to various resources, discounts on travel and entertainment, and a community committed to enhancing the quality of life for older adults.

For more detailed information about specific policy coverage, you may consider direct consultations with The Hartford agents. This ensures your personal needs are met with the utmost clarity and confidence. While reaching out, remember to discuss potential savings through bundling options and applicable discounts.

AARP and The Hartford remain committed to supporting the insurance needs of aging adults, ensuring peace of mind through comprehensive homeowners policies tailored to the unique challenges and circumstances faced in later years. By choosing AARP homeowners insurance, you are aligning with an organization that prioritizes the security and well-being of its members, backed by The Hartford’s solid insurance expertise. Enjoy the confidence that comes from knowing both personal and dwelling protections are in place, all designed with the mature American homeowner in mind.