| PRINCIPAL COVERAGES | |
|---|---|
| Fire & Lightning | Building glass breakage |
| Windstorm & Hail | Theft |
| Explosion | Falling objects |
| Vehicle or Aircraft damage | Collapse |
| Smoke | Bursting of plumbing or heating system |
| Vandalism | Freezing of plumbing or heating system |
| Any other risk of physical damage to building not specifically excluded | |
| Comprehensive Personal Liability | |
| Medical payments to others hurt on the premises | |
PRINCIPAL EXCLUSIONS & LIMITATIONS
Excluded: Flood, earthquake, insect or
animal
damage, wear and tear, deterioration, pollution
Limited: Escaped Fuel, upgrades required by
building
codes or law
PERSONAL PROPERTY SUBJECT TO LIMITS includes
Furs,jewelry,cash,coins and stamps,precious
metals,guns,boats,silverware
| AMOUNTS OF COVERAGE | ||
|---|---|---|
| Dwelling | should be its replacement cost | |
| Detached Structures | up to 10% of dwelling amount | |
| Household furniture and personal property | usually 50% -70% of dwelling amount | |
| Loss of Use | up to 30% of dwelling amount | |
| Comprehensive personal liability | usually $300,000 or $500,000 | |
| Medical payments to others | usually $1,000 | |
DEDUCTIBLE CLAUSE:
Pays only for losses in excess of amount selected.
($100,$250,$500,$1000 and $2500)
WIND DEDUCTIBLE (in coastal areas) Usually 2% of dwelling amount.
May range from 1% to 5%, depending on proximity to water.
This is a simplified summary. Refer to the policy for actual coverages, terms and conditions.