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6 Cards in this Set
- Front
- Back
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Coverage A - Dwelling |
Provided in all forms except HO-4. Coverage is defined in a similar fashion to the dwelling property form with one exception: building equipment or outdoor equipment used for servicing the residence is no longer included in coverage A. Because contents coverage is included in all HO forms, these items will be covered in coverage C. Finally, the condominium form, HO-6 combines both coverage A and coverage B in this section of the policy |
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Coverage A - Dwelling; Property Covered |
Dwelling on described premises listed in declarations page and all attached structures Any materials or supplies located on or next to the residence premises used to construct alter or repair the dwelling or other structures on the premises HO-6 policies also include alterations, applicants, fixtures that are part of the building, items of real property,. property which is the insureds responsibility to insure as part of an agreement and structures owned solely by the insured other than the residence premises |
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Coverage A- Dwelling; Property Not Covered |
Land including land on which the residence premises or other real property is located HO-6 also includes items that would normally be listed as not covered in Coverage B, such as other structures held for rental to a person not a tenant of the dwelling unless used as a private garage, structures from which business is conducted and structures used to store business property unless the property is owned by the insured or a tenant of the dwelling |
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Coverage B - Other Structures |
Direct damages Basic amount of insurance equal to 10% of Coverage A limit included for other structures, but a policy may be written with higher limits Does not include land or structures rented or used to conduct business |
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Coverage B - Property Covered |
Other structures on the described location that are separated from the dwelling by a clear space or connected only by a fence utility line or similar connect Other structures rented to anyone other than a dwelling tenant but only when used as a private garage Structures used in commercial faming or manufacturing when storing property owned by the insured or a tenant of the dwelling. Gaseous or liquid fuel must be stored in a tank, part of a vehicle or craft stored in the structure |
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Coverage B - Property Not Covered |
Land including land where the other structures are located Structures rented or held for rental to anyone other than dwelling tenant when not used as private garage Other structures that are used to conduct any business |
