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21 Cards in this Set
- Front
- Back
ACV |
Actual cash value |
|
Additional Living Expenses |
ALE |
|
Coinsurance Clause |
80% .80 X value of property |
|
Deductible |
Subtract from the lost amount |
|
friendly fire |
Stays within the intended means |
|
Hostile fire |
Fire that escapes the confines |
|
Special investigations unit |
SIU |
|
Subrogation |
Recover the amount of loss from the part of responsible or liable for the damages |
|
The homeowner policy is a what type of policy |
Package policy, both property and casualty coverages 1950 |
|
Morale |
Careless |
|
Moral |
Dishonest |
|
HO1(coverage A-attached) |
Least•Basic Dwelling 11 perils |
|
HO2(coverage b-beside ) |
More•Broad•other structures 17 perils |
|
HO3(coverage c-car) |
More•special •personal property All perils except specific by policy |
|
Loss of use coverage |
Pays for additional living expenses if home is damaged by covered perils |
|
What is coverage B- beside limit? |
10% |
|
What is not covered under coverage a? |
Landslides Hurricanes Sink holes |
|
What is the limit for coverage c? |
$1500 loss by theft jewelry $2500 fire arms |
|
What does Coverage D(loss of use cover |
Remove and repair debri $1000 limit |
|
Coverage E |
Personal Liability |
|
Coverage F |
Medical payments to others |