The word "location" is defined as a fixed location. The
maximum limits:
(There is no Automatic Reinstatement clause in FAIR Plan policies)
| Coverage
A - |
1 to 4 family dwellings |
$350,000 |
| Coverage
C - |
Household contents & personal property |
$ 75,000 |
| Coverage
B - |
Other Structures may apply 10% of building amount (not additional insurance) |
|
| Coverage
D - |
Fair Rental Value may apply 10% of building amount, not to exceed 1/12 per month - (not additional insurance) |
|
COMMERCIAL:
Building:
Fire Resistive Construction
Ordinary Masonry Construction
Frame construction
Contents:
Fire Resistive Construction
Ordinary Masonry Construction
Frame Construction |
$1,000,000
$ 700,000
$ 500,000
$ 250,000
$ 200,000
$ 200,000 |
The above commercial
content limits may be doubled in the case of sole occupancy at any
location.
The foregoing maximum limit of insurance may be increased upon approval
of the Governing Committee but in no event shall the total amount
of insurance exceed $1,500,000 on any single risk.
PERSONAL LIABILITY (includes
$1,000 medical payment coverage):
Only 1 to 3 family occupied dwellings, 1 to 3 family vacant or unoccupied
dwellings written in the name of an Estate and 1 to 3 family
vacant/unoccupied dwellings that are under renovation are eligible,
Subject to Inspection.
|
Coverage
amounts available:
|
$300,000
$100,000
$ 50,000
$ 25,000 |
(Form # CFP181
Lead Exclusion is attached to all liability coverage except for
one family owner occupied dwellings. This excludes coverage for
any claim that results in any way from lead.) Dog
Bites -
Effective 1/1/04, we have the
'Animal Liability Exclusion Endorsement' that allows us to provide
liability coverage but exclude any dog(s) that has bitten and is
still on the premises. An 'Acknowledgement of Exclusion of
Animal Liability Coverage' Form must be completed and signed by
the Applicant/Insured before we can add this endorsement.
|
