For more than 100 years, Otsego Mutual has provided affordable protection for our insured’s most valuable asset – their home.

Unlike most property and casualty insurers who provide Homeowner’s and Renter’s Insurance simply as an accommodation to their agents, we SPECIALIZE in these coverages. That’s why all of our expertise is devoted to offering policies that are affordable, but also complex enough to cover a majority of the needs of homeowners in the New York marketplace.

Take a look at some of the distinguishing features of our products…

Homeowner Insurance

• Replacement Cost or Actual Cash Value settlement options

A majority of homeowners insure their structures for Replacement Cost. We offer this coverage, as well as replacement cost coverage on contents. However, in certain instances, homeowners may prefer to insure to Actual Cash Value. We can accommodate those insureds as well. One example of this is a large, older home in Upstate New York with estimated replacement cost that far exceeds market value.

• No minimum limits – If you own a small home that generates only a small insurance premium, we will not make you carry more insurance than the replacement cost of the dwelling.
• 3-year policies – Your premium is locked in and guaranteed not to increase for three years, unless you make a change that increases the coverage.
• Stability – same low rates since 1986!
• No additional deductible for Windstorm claims, unlike some carriers that impose deductibles as high as 3% of the building’s insurable value!
• Deductibles as low as $100 available!

Dwelling Fire

Our Dwelling Program includes all of the features available with our Homeowner’s Program. Added features include flexibility in limiting coverages for Personal Property and for perils insured against.

Renter’s Insurance

A recent study revealed that perhaps 75% of apartment renters are either uninsured or underinsured. At Otsego Mutual, we offer up to $50,000 of personal property protection with exceptionally low rates.

Builder’s Risk

Building a home? No need to worry. Get a Builder’s Risk policy with Otsego Mutual. The breadth of coverages is not as wide as with a Homeowner’s Policy, but since you are insuring the property just prior to commencement of construction until completion, you’ll pay just 55% of the finished value premium. We’ll write Builder’s Risk policies for up to one year.

Liability

All of the above coverages are available with different limits of Personal Liability protection.

Inland Marine

Some of your more valuable personal property possessions may have limited coverage under the above policies. Because of that, we offer Inland Marine insurance for you to schedule personal property such as jewelry, fine arts, antiques, guns, computers, boats, furs and collections.