Owner

Named perils--Dwelling--Replacement Vaule

Named--Personal Property--Actual Cash Vaule

Doesn't include loss to fence, walk/drive way caused by a vehicle owned by insured

Owner

Open Perils--Dwelling--Replacement Value

Named Perils--Personal Property--Actual Cash Value

Includes loss to fence, walk/drive way caused by a vehicle owned by insured

Renter's/Tenant policy

Named Perils--Personal Property--Actual Cash Vaule

Broadest coverage

Open Perils--Dwelling--Replacement Value

Open Perils--Personal Property--Actual Cash Value

Owner of a condominium/cooperative unit

Named Perils--Personal Property--Actual Cash Vaule

Older Homes

Names Perils--Dwelling--Maket Vaule(Lesser)

Named Perils--Personal Property--Actual CashVaule

Residents who are:

• Relatives of the named insured
• Under the age of 21 and in the care of any insured

Students who are:

• Under age 24 and related to the named insured
• Were a resident of the named insured’s household before moving

provides up to $5,000 of coverage for direct physical loss to property insured under Section I (Coverages A, B, and C) caused by water or waterborne material that:

• Backs up through sewers or drains, or
• Overflows from a sump, sump pump, or related equipment.
• deductible of $250 applies

This endorsement is used to increase limits of liability for certain categories of personal property and to broaden the perils insured against that apply to that property

• open-perils basis
• exclusions: including wear and tear, insects or vermin, war, and nuclear hazard.
  
  

• It protects the insured against third party claims
• Bankruptcy of an insured does not relieve the insurer of its obligations
• It provides no defense in event of groundless, false or fraudulent claim
• Payment of a medical payment is not an admission of legal liability

All of the following are true, except:

• Home schooling would be permitted under a Homeowners Policy
• Coverage D of a Homeowners Policy includes loss of income from an incidental business
• Coverage D of a Homeowners Policy covers additional living expenses
• A Homeowners Policy will not cover theft of a boat away from premises

• A vacant lot that is owned by the named insured
• A farm that is within city limits
• A secondary residence acquired during the policy period
• A cabin at a lake that is rented by an insured for a vacation

• $250
• $1,000
• $500
• 0%

• Cover theft of furs and jewelry up to $1,500
• Cover money up to $500
• Include water damage by flood, sewer backup and underground seepage
• Cover theft of guns up to $3,000

• property insured elsewhere
• animals, birds, fish
• motor vehicles, aircraft, hovercraft
• property or roomers and boarders, property located in apartments rented to others
• business data, credit cards and electronic fund transfer cards
• water or steam.

•  debris removal
• reasonable repairs
• trees, shrubs, and plants
• fire department service charge
• property removed
• credit card, electronic fund transfer card or access device, forgery, and counterfeit money
•  loss assessment
• collapse
•  glass or safety glazing material

•  $2,500 of coverage, on a named perils basis
• appliances, carpeting, and household furnishings owned by the insured and located in each apartment rented to others on the residence premises.
• Coverage for the peril of theft is NOT provided.

• ordinance or law
• earth movement
• water damage
• power failure
• neglect
•  war nuclear hazard
• intentional loss
• governmental action.

•  Claim Expenses
• First Aid Expenses
• Damage to Property of Others
• Loss Assessment

• loss assessments
• damage to property owned by an insured
• damage to property in the insured’s care
•  custody, or control;
• injury to anyone eligible to receive worker’s compensation and similar benefits
•  injury and damage covered by a nuclear energy liability policy
• bodily injury to an insured

• bodily injury to a residence employee when not working and away from an insured location
• anyone eligible to receive worker’s compensation and similar benefits
•  covered by a nuclear energy liability policy
• to a resident of the insured location.

• Home Day Care
• Personal Injury
• Home Business
• Watercraft Liability

• Does NOT cover injury to an employee
• Corresponds to Coverage E limit