Homeowners and renters nationwide will enjoy the added protection and peace of mind that comes with mutual sharing and protection offered by Takaful. Moreover, we do not restrict our coverage territory to conventional low-risk areas. Even consumers in high-risk areas such as coastal areas, high wind areas and earthquake zones can enjoy the ability to secure Takaful homeowner’s and renters insurance. Consumers that enroll in our program benefit from the ability to insure multiple property types, including:
Single Family Homes
2, 3 and 4 Family Homes
Townhouses
Condominiums
Second Homes
Investment Properties
Rental Dwellings
Vacant Homes
Coastal Homes
High-risk Properties
In addition to our standard coverage form, consumers also have the added flexibility to take advantage of innovative features of the policy in the form of elective endorsements that provide substantial coverage enhancements. Some of the most popular endorsements include:
Mechanical breakdown
Identity fraud protection for individuals or families
Eco-homeowner
“Green” replacement coverage
Personal injury coverage available
Increased limits for special personal property
Coverage for historic properties
Increased limits for business property
Insurance Limits
Coverage of up to $5 million (Higher limits are considered on a case by case basis)
Up to 150% of the replacement cost of your property is covered
Policy Terms
Policy’s are issued for one year terms and are renewable for up to three years without having to reapply for coverage.
Our Process
CHARTIS Takaful takes pride in putting our consumer first and has designed an application to issuance process that is fast, streamlined and worry free. Whether you are replacing your existing homeowner’s policy or under a tight deadline to secure coverage for a new home purchase, CHARTIS Takaful will work within your time frame. Typically, the application to coverage binder timeline is between 2 to 3 days. Contact us for more details.