Coverages

Front 1

Burglary

Back 1

The taking of property from inside the premises or a locked safe or vault by a person who commits forcible entry into, or exit from, the property of another while trespassing

Front 2

Robbery

Back 2

The taking of property from the care and custody of a person who has been caused or threatened with bodily harm

Front 3

Theft

Back 3

The broadest of the crime coverage, theft includes the act of stealing

Front 4

Mysterious Disappearance

Back 4

The loss of property when the cause of loss is not known. This is NOT theft, burglary or robbery

Front 5

Frame

Back 5

A building that has a roof, floor, and supports of combustible material, usually wood, and combustible interior walls

Front 6

Joisted Masonry

Back 6

Buildings with exterior walls of masonry (no less than 4 inches thick) less than one hour and with combustible floors and roofs

Front 7

Noncombustible

Back 7

the buildings and its walls, floors and structural framework are constructed of noncombustible materials

Front 8

Masonry Noncombustible

Back 8

Buildings with exterior walls of masonry (not less than 4 inches thick) or made of fire restrictive constructions with a rating of not less than one hour and noncombustible floors and roofs

Front 9

Fire Resistive

Back 9

The entire building and roof are constructed of reinforced concrete and steel. Must have at least a 2 hour fire resistive rating

Front 10

Modified Fire Resistive

Back 10

The materials used in the walls, floors, and roof of a structure must have a fire resistive rating of at least 1 hour but less than 2 hours

Front 11

D

I

C

E

Back 11

Declarations

Insuring Agreement

Conditions

Exclusions

Front 12

DP-1 (Basic Form)

Back 12

Perils insured against are fire, lightning and internal explosion.. additional premium is paid for (EC) also includes: Wind story or hail, Explosion, riot and civil commotion, Aircraft and vehicles, smoke, volcanic eruption.. VMM may be included w additional premium, EC and VMM would show on Dec page

Front 13

DP-2 (Broad form)

Back 13

Insures against: DP1 perils, the EC perils, VVM. Also, Damage by burglars, falling objects, weight of ice snow or sleet, accidental discharge or overflow of water or steam, sudden and accidental tearing apart, cracking, burning or bulging, freezing, sudden and accidental damage from artificially generated electrical current

Front 14

how are losses paid on DP1?

Back 14

Losses to the dwelling and other structures and contents are paid on an actual cash value basis

Front 15

how are losses paid on DP2?

Back 15

Losses to the dwelling and other structures are paid on a replacement cost basis and losses to personal property are paid on an actual cash value basis.

Front 16

DP-3 (Special Form)

Back 16

Coverage for the dwelling and other structures is provided on an open perils basis, meaning coverage is provided for all causes of loss except for those perils specifically excluded.

Front 17

Dwelling Coverages:

Back 17

Coverage A: Dwelling

Coverage B: other Structures

Coverage C: Personal Property

Coverage D: Fair Rental Value

Coverage E: Additional Living Expenses

Front 18

Coverage A (DP policy)

Back 18

Dwelling; includes structures attached to dwelling, materials and supplies on or next to dwelling used to improve or repair dwelling or other structures on property, building and outdoor equipment (unless otherwise insured) LAND IS NOT INCLUDED. Coverage A limit is a specific limit. chosen by named insured @ the time coverage is applied.

Front 19

Coverage B (DP policy)

Back 19

Other Structures: other structures on the described location if separated or detached from dwelling by clear space. No coverage is provided for structures rented to tenants (unless dwelling is rented solely as a private garage) No land coverage. No coverage for structures used for commercial, manufacturing or farming purposes.

Front 20

Coverage C (DP policy)

Back 20

Personal Property: Coverage applies to household and personal property Can apply to property of a guest or servant, can not apply to tenant or boarder. Not included: money (and form), animals, aircraft and watercraft (rowboats and canoes covered) data. Insured may use up to 10% of Cov C loss caused by insured peril anywhere in the world.

Front 21

Coverage D (DP policy)

Back 21

Fair Rental Value: provides insurance for indirect losses that occur as a result of direct losses to property insured under Cov A,B,C. Limit is upto 20% of Cov A limit.

Front 22

Coverage E(DP policy)

Back 22

Additional Living Expenese: for indirect losses that occur as a result of direct losses to propert insured under Cov A,B, and C. Included on DP2&3, not DP1. Pays necessary increases in living expenses. Cov E limit is up to 20% of Cov A. exp: cost of hotel room, boarding pets and dinning out

Front 23

other coverages for a DP

Back 23

Debris removal.Improvements,alterations&additions (insured is a tenant may use up to 10%Cov C limit.DP1 covered.DP2&3 additional) World Wide Coverage(10% Cov C)Reasonable Repairs, Property Removed DP1 for 5days, DP2&3 30days).Trees,Shurbs and other plants (DP2&3 5% covA or up to 500$)FD charge up to 500$.Collapse DP2&3. Glass or Safety Glazing Material,Ordinance or Law

Front 24

General Exclusions

Back 24

ordinance or law, Earth movement, water damage, power failure, neglect, war, nuclear hazard, intentional loss, non concurrent exclusions.

Front 25

Selected Endorsements

Back 25

Automatic Increase in Insurance(DP0411) automatic increase in Cov a&b

Broad theft cov. (DP0472)

Dwelling under construction (DP1143)

Personal liability supplement

Front 26

HO2(broad form)

Back 26

provides coverage for named perils (Coverage A), other structures (Coverage B) and personal property (Coverage C). Perils are; Fire or lightening, windstorm or hail, explosion, riot or civil commotion, aircraft, vehicles, smoke, VMM, theft, falling objects, weight of ice snow or sleet, accidental discharge or overflow of water or steam, sudden and accidental tearing apart cracking burning, freezing, sudden and accidental damage from artificially generated electrical current, volcanic eruption (losses under coverage A and B are valued on ACV)

Front 27

HO3 (special form)

Back 27

dwelling and other structures (coverages A&B) insured on open perils. losses to the dwelling and other structures are on RV basis. Coverage C same 16 peril basis. includes fences, driveways, walk caused by a vehicle owned or operated by the insured.

Front 28

HO4 (contents broad form, renters)

Back 28

renters insurance. covers against the 16 named broad form perils. ACV basis.

Front 29

HO6 (unit owners/ condo)

Back 29

named perils under Coverage A and C. Condo

Front 30

HO5 (Comp. Form/best)

Back 30

Broadest form. Coverage A,B,C losses to dwelling and other structures are on a RC is personal property is based on a ACV

Front 31

HO8 (modified form)

Back 31

used to insure older homes, insurance amount should be for the amount that the functional replacement value of the dwelling to replace damaged proper with property that will perform the same function and efficiency

Front 32

deductible for Homeownwers

Back 32

standard deductible is $250/ can be increased

Front 33

Coverage A (HO) Dwelling

Back 33

when limit of liability is chosen for Coverage A the other 3 (B C and D) are automatically issued at limit equaling a specific percentage. Usually insurer requires insured to purchase insurance in an amount no less than 80% of the dwellings replacement value. If 80% replacement cost not carried ACV will apply

Front 34

Coverage B (HO) other Structures

Back 34

structures that are set apart from dwelling. sheds, detached garage, built in pools etc. Insurance limit is 10% of the coverage A limit of liability does not reduce the coverage of coverage A limit of liability and may be increased by endorsement

Front 35

Coverage C (HO) personal property

Back 35

covers property of insured anywhere in the world. can request that others property be covered after a loss. . roomers boarders and tenants property not covered. this insurance is 50% of Coverage A limit of liability.. does not reduce the Coverage A limit of liability may be increased by endorsement

Front 36

Coverage D(HO) loss of use

Back 36

for indirect or consequential loss. Additional living expenses, fair rental value and civil authority prohibits use

30% of coverage A for forms ho2,3, and 5

30% of coverage A for form ho4

50% of coverage C for form HO6

10% of coverage A for form HO8

Front 37

Additional Coverages (HO)

Back 37

Debris removal, reasonable repairs, trees shrubs and plants, FD service charge, property removed, Credit cards etc (500 for unauthorized use if CC), loss assessment, collapse, glass or safety glazing material, landlords furnishings, ordinance or law, gravemarkers (5k under coverage C)

Front 38

section 1 exclusions (HO)

Back 38

include ordinance or law, earth movement waterdamage, power failure, neglect, war, nuclear hazard, intentional loss and governmental action

Front 39

Section 1 endorsement (HO)

Back 39

mobile home, increased limit- other structures on the residence premises, water back up and sump discharge or overflow, personal property replacement cost loss settlement, and scheduled personal property.

Front 40

Section 2 liability coverage

Back 40

same in all HO coverage forms and provides coverage for personal liability and medical payments to others

Front 41

Coverage E(HO) Personal Liability

Back 41

insurance for claims made and suits brought against the insured bc of BI or PD caused by an occurrence to which the insurance applies.

Front 42

Coverage F(HO) medical payments

Back 42

pays for the necessary medical expenses incurred within 3 yrs from the date of an accident causing bodily injury without regard or fault. covers injury by animal

Front 43

section 2(HO) additional coverages

Back 43

include claim expenses, first aid expenses, damage to property of others and loss assessment

Front 44

motor vehicle liablitys

Back 44

is excluded under section2 including coverage e and f and the additional coverages

Front 45

selected HO endoresemts

Back 45

home day care, personal injury, home business and watercraft liability