HOMEOWNERS POLICY PROGRAM CALIFORNIA

Transcription

1 HOMEOWNERS POLICY PROGRAM CALIFORNIA THE TOKIO MARINE AND FIRE INSURANCE COMPANY, LTD. (U.S. BRANCH) Includes copyrighted material of Insurance Services Office, with its permission Copyright, Insurance Services Office, 1988

2 ELIGIBILITY GUIDELINES DWELLING AGE: Up to 35 years old. Exception: Older dwellings will be considered eligible if plumbing, heating, and wiring systems have been completely modernized. Evidence of modernization must be provided at the insured s elective expense. In no case should replacement cost exceed market value. VALUES: Form Minimum HO-3 $ 65,000 HO-4 $ 12,000 HO-6 $ 20,000 INSURANCE TO VALUE: 100% of the current replacement cost is required. DWELLING LOCATION: Dwellings located in Protection Class 2-7 are eligible. Also, dwellings located in Protection Class 8, 9 or 10 may be considered if the property qualifies for the suburban rating endorsement (form 189C). Dwelling located in designated brush areas may be considered for DIC only. Note: Please refer to zip code list on page iii for possible brush hazard areas. COVERAGE FORMS: HO-3, HO-4 and HO-6 are eligible. SECONDARY OR SEASONAL DWELLINGS: Secondary dwellings may be considered when the primary dwelling is insured with Tokio Marine. Values should not exceed 50% of the primary location. Effective January 1, 2002 i The Tokio Marine and Fire Insurance Company

3 ELIGIBILITY GUIDELINES PERSONAL ARTICLES FLOATER SCHEDULES: Maximum values per item - $5,000. (Exception: maximum per man s jewelry item is $2,500.) Maximum total schedule - $25,000. Higher amounts for individual items and/or total schedules may be considered if submitted unbound. Appraisals or bills of sale (both less than 1 year old) must be provided for all items valued at over $1,000. For items less than $1,000 a complete description must be provided, and valuation must be substantiated (e.g., catalogues). Information on safeguards should be provided for all submissions. MAINTENANCE: Dwellings and premises should be well maintained and free from unusual hazards. LOSSES: 1. No more than 1 loss in the last 3 years. 2. No on premises theft losses in the last 3 years. EARTHQUAKE ELIGIBILITY GUIDELINES: 1. Earthquake coverage cannot be endorsed onto an existing policy during an earthquake episode or for 10 days after said episode if the earthquake had a magnitude of 5.0 or greater. The affected area will be the county where the epicenter was located and the counties that immediately border it. 2. No coverage may be written during and for 10 days following an earthquake episode with a magnitude of 5.0 or greater. The affected area is defined as the county where the earthquake epicenter was located and the counties that immediately border it. Effective January 1, 2002 ii The Tokio Marine and Fire Insurance Company

4 ELIGIBILITY GUIDELINES BRUSH ELIGIBILITY GUIDELINES: 1. Closest flammable native growth at any point must be more than 500 feet away. If the risk is on a 30 or greater slope, it must be more than 1,000 feet away. 2. Dwelling must not have wood shingle or shake roof, or be located on a dead-end street if in an area exposed to native growth. 3. Access streets to the risk must be wide enough to permit emergency vehicles to pass with cars parked on both sides of the street. 4. The closest fire department must be within 3 miles and the closest hydrant must be within 500 feet. 5. There can be no prior brush fire/smoke damage. Prior approval from TMM-LA will be needed for all risks located in the following zip codes lists: BRUSH ZIP CODES Los Angeles Co Ventura Co. San Bernardino Co. San Diego Co Orange Co. Riverside Co. Santa Barbara Co Effective January 1, 1986 New iii The Tokio Marine and Fire Insurance Company Effective February 1, 1986 Renewal

5 RULE NUMBERS AND SUBJECTS GENERAL RULES 1. BASIC LIMITS 2. ELIGIBILITY 3. MANDATORY COVERAGE 4. PERMITTED INCIDENTAL OCCUPANCIES 5. DEDUCTIBLES 6. OPTIONAL COVERAGE 7. SECONDARY RESIDENCE PREMISES 8. MULTIPLE COMPANY INSURANCE 9. CHANGE ENDORSEMENT 10. POLICY PERIOD 11. RENEWAL PLAN 12. OTHER INSURANCE 13. CANCELLATION OR REDUCTIONS IN LIMITS OF LIABILITY OR COVERAGE 14. MANUAL PREMIUM REVISION 15. TRANSFER OR ASSIGNMENT 16. RESTRICTION OF INDIVIDUAL POLICIES 17. CONSTRUCTION DEFINITIONS 18. SEASONAL DWELLING DEFINITION 19. SINGLE BUILDING DEFINITION 20. DEFERRED PAYMENT PLAN 21. SPECIAL PROVISIONS ENDORSEMENT - HO-300 ADJUSTED BASE PREMIUM COMPUTATION 1. BASE PREMIUM 2. SUPERIOR CONSTRUCTION - ALL FORMS 3. TOWNHOUSE OR ROW HOUSE - ALL FORMS EXCEPT HO-4 AND HO-5 4. PERSONAL PROPERTY (COVERAGE C) - REPLACEMENT COST COVERAGE 5. INFLATION GUARD - ALL FORMS EXCEPT HO-4 AND HO-6 6. PROTECTIVE DEVICES - ALL FORMS 7. DEDUCTIBLES 8. AGE OF DWELLING - BASE PREMIUM MODIFICATION 9. BRUSH AREA SURCHARGE 10. DIC (DIFFERENCE IN CONDITION) OPTIONAL COVERAGE (SECTION I) 1. BUILDING ADDITIONS AND ALTERATIONS AT OTHER RESIDENCES 2. BUILDING ADDITIONS AND ALTERATIONS INCREASED LIMIT 3. CREDIT CARD, FUND TRANSFER CARD, FORGERY AND COUNTERFEIT MONEY 4. EARTHQUAKE COVERAGE 5. LOSS ASSESSMENT COVERAGE - ALL FORMS 6. LOSS OF USE - INCREASED LIMIT 7. OFFICE, PROFESSIONAL, PRIVATE SCHOOL OR STUDIO USE 8. OTHER STRUCTURES 9. PERSONAL PROPERTY 10. RENTAL TO OTHERS - THEFT COVERAGE 11. BUSINESS PROPERTY 12. LANDLORD'S FURNISHINGS - ALL FORMS 13. HO-6 CONDOMINIUM UNIT REGULARLY RENTED TO OTHERS 14. SCHEDULED PERSONAL PROPERTY 15. ADDITIONAL EARTHQUAKE COVERAGE 16. HAZARD REDUCTION DISCOUNT (RETROFITTING) 17. ORDINANCE OR LAW COVERAGE 18. COVERAGE ENHANCEMENT - FOR USE WITH HO-3 ONLY Effective January 1, 1986 New a The Tokio Marine and Fire Insurance Company Effective February 1, 1986 Renewal

6 RULE NUMBERS AND SUBJECTS COVERAGES (SECTION II) 1. RESIDENCE PREMISES - BASIC AND INCREASED LIMITS 2. OTHER EXPOSURES OTHER RATING PROVISIONS 1. WAIVER OF PREMIUM 2. WHOLE DOLLAR PREMIUM RULE 3. SECONDARY RESIDENCE PREMISES 4. MANDATORY WORKERS COMPENSATION AND EMPLOYERS LIABILITY COVERAGE - PRIVATE RESIDENCE EMPLOYEES 5. THE FOLLOWING RULE APPLIES TO ALL COVERAGES TERRITORIES EARTHQUAKE TERRITORIES PREMIUM CHARTS 1. PREMIUM GROUP CHART 2. BASIC ANNUAL PREMIUM CHART - HO-3 3. BASIC PREMIUM CHART - HO-4 AND HO-6 Effective January 1, 1986 New b The Tokio Marine and Fire Insurance Company Effective February 1, 1986 Renewal

7 INDEX RULE A PAGE 15. ADDITIONAL EARTHQUAKE COVERAGE.. 14 ADDITIONAL INSURED LOCATIONS 2.A.2. Liability C.2. Medical Payments - Increased Limits 19 1., 2. ADDITIONS AND ALTERATIONS.. 9 ADJUSTED BASE PREMIUM 6-8 COMPUTATION 8. AGE OF DWELLING - PREMIUM MODIFICATION ASSIGNMENT 4 B 7.A. BASE DEDUCTIBLE. 7 BASE PREMIUM CHARTS 2. HO-3. 31,32 3. HO-4 AND HO-6. 33,34 1. BASIC LIMITS BRUSH AREA SURCHARGE.. 8 BUILDING ADDITIONS AND ALTERATIONS 1. At Other Residences Increased Limits BUILDING ITEMS BUSINESS 12 PROPERTY BUSINESS PURSUITS 2.A.4. Liability C.4. Medical Payments - Increased Limits. 19 C 14.H CAMERAS - SCHEDULED CANCELLATION 4 9. CHANGE ENDORSEMENT G COIN COLLECTIONS - SCHEDULED CONDOMINIUMS 2.B. Building Items Rented to Others 13 Base Rates.. 33, CONSTRUCTION DEFINITIONS 4 3. COUNTERFEIT MONEY 9 COVERAGE COVERAGE ENHANCEMENT - HO CREDIT CARD COVERAGE 9 D DEDUCTIBLES 7.A. Base. 7 7.C. Fixed Dollar Amount B. Theft DEFERRED PAYMENT PLAN. 5 DEFINITIONS 17. Construction Seasonal Dwelling Single Building DIC (DIFFERENCE IN CONDITIONS)... 8 Effective January 1, 1986 New c The Tokio Marine and Fire Insurance Company Effective February 1, 1986 Renewal

8 INDEX RULE E PAGE 4. EARTHQUAKE 10 COVERAGE EARTHQUAKE TERRITORIES ELIGIBILITY 1,2 EMPLOYEES, RESIDENCE 2.A.3. Liability C.3. Medical Payments - Increased Limits. 19 F FARMING, INCIDENTAL 2.A.5. Liability C.5. Medical Payments - Increased Limits D.4. FIREARMS - INCREASED LIMITS C. FIXED DOLLAR AMOUNT DEDUCTIBLE FORGERY COVERAGE FUND TRANSFER CARD COVERAGE. 9 FURS 9.D.1. Increased Limits B. Scheduled 14 G GENERAL RULES C. GOLFER S EQUIPMENT - 14 SCHEDULED.. H 16. HAZARD REDUCTION DISCOUNT (RETROFITTING).. 15 I INCIDENTAL FARMING 2.A.5. Liability C.5. Increased Limits. 19 INCIDENTAL OCCUPANCIES 4. General Rules. 3 2.A.6. Liability C.6. Medical Payments - Increased Limits INFLATION GUARD.. 6 J JEWELRY 9.D.1. Increased Limits D. In Vaults D. Scheduled 14 L 12. LANDLORD S FURNISHINGS. 12 LIABILITY (SECTION II) COVERAGE 2.B. Increased Limits - Other Exposures 18 2.A. Other Exposures Residence Premises LOSS ASSESSMENT COVERAGE LOSS OF USE - INCREASED LIMIT.. 11 Effective January 1, 1986 New d The Tokio Marine and Fire Insurance Company Effective February 1, 1986 Renewal

9 INDEX RULE M PAGE 3. MANDATORY 2 COVERAGES MANUAL PREMIUM REVISION.. 4 MEDICAL PAYMENTS - INCREASED LIMITS 2.C. Other Exposures B. Residence Premises MULTIPLE COMPANY INSURANCE E MUSICAL INSTRUMENTS - SCHEDULED.. 14 O OFFICE, PROFESSIONAL, PRIVATE SCHOOL OR STUDIO USE 2.A.6. Liability C.6. Medical Payments - Increased Limits. 19 OPTIONAL COVERAGES ORDINANCE OR LAW COVERAGE OTHER INSURANCE 4 OTHER STRUCTURES 8.A. Increased Limits B. With Permitted Incidental Occupancies C. Rented to Others OUTBOARD MOTORS 2.A.7. Liability C.7. Medical Payments - Increased Limits. 19 P PERMITTED INCIDENTAL OCCUPANCIES 2.A.6. Liability A.6. Medical Payments - Increased Limits A.9. PERSONAL INJURY. 18 PERSONAL PROPERTY 9.A. Increased Limit B. Increased Limits - Other Residences D. Increased Special Limits C. Reduction in Limit Replacement Cost Coverage Scheduled 13, PREMIUM GROUP CHARTS POLICY PERIOD 3 5. PROP PROTECTIVE DEVICES.. 7 R 13. REDUCTIONS IN LIMITS OF LIABILITY OR COVERAGE RENEWAL PLAN RENTAL TO OTHERS - THEFT COVERAGE REPLACEMENT COST - PERSONAL PROPERTY 6 RESIDENCE EMPLOYEES 2.A.3. Liability C.3. Medical Payments - Increased Limits RESTRICTION OF INDIVIDUAL 4 POLICIES.. 3. ROW HOUSE. 6 Effective January 1, 1986 New e The Tokio Marine and Fire Insurance Company Effective February 1, 1986 Renewal

10 INDEX RULE S PAGE 14. SCHEDULED PERSONAL PROPERTY 13, SEASONAL DWELLING DEFINITION SECONDARY RESIDENCE PREMISES SECTION II COVERAGES SILVERWARE 9.D.3. Increased Limits F Scheduled SINGLE BUILDING DEFINITION SPECIAL PROVISIONS ENDORSEMENT 5 14.G. STAMP COLLECTIONS - 14 SCHEDULED 2. SUPERIOR CONSTRUCTION. 6 T TERRITORIES THEFT COVERAGE - RENTAL TO OTHERS.. 12 THREE OR FOUR FAMILY DWELLING 2.A.1. Liability C.1. Medical Payments - Increased Limits B. THEFT 7 DEDUCTIBLE 3. TOWNHOUSE TRANSFER OR ASSIGNMENT.. 4 V 1. VARIATIONS IN BASIC LIMITS.. 1 W 1. WAIVER OF PREMIUM 20 WATERCRAFT 2.A.7. Liability C.7. Medical Payments - Increased Limits WHOLE DOLLAR PREMIUM RULE WORKERS COMPENSATION COVERAGE. 20 Effective January 1, 1986 New f The Tokio Marine and Fire Insurance Company Effective February 1, 1986 Renewal

11 GENERAL RULES 1. BASIC LIMITS 1 & 2-FAMILY DWELLINGS FORMS COVERAGE BASIC LIMIT HO-3 SPCL FORM BLDG BRD FORM CONT HO-4 TENANTS FORM HO-6 CONDO FORM SECTION I SECTION I SECTION I A. - Dwelling $65,000 B. - Other Structures 10% of A C. - Pers Prop - Worldwide 50% of A Personal Property in Other Residences 10% of C with $1,000 min D. - Loss of use 20% of A C. - Pers Prop - Worldwide $12,000 Personal Property in Other Residences 10% of C with $1,000 min Building Additions & Alterations 10% of C D. - Loss of Use 20% of C C. - Pers Prop - Worldwide $20,000 Personal Property in 10% of C with Other Residence $1,000 min Unit-Owners Building Items $1,000 D. - Loss of Use 40% of C ALL FORMS SECTION II E. - Comp Psnl Liab (BI & PD) $100,000 F. - Medical Payments 1,000 G. - Phys Damage to Property 500 VARIATIONS IN BASIC LIMITS (HO-3 ONLY) Replacement Cost Contents - Coverage C is increased to 70% of Coverage A at no additional premium when this option is elected. 2. ELIGIBILITY A. HO-3 - A Homeowners Policy may be issued: 1. to the owner-occupant(s) of a dwelling which is used exclusively for private residential purposes (except as provided in General Rule 2.F.) and contains not more than 2 families and with not more than 1 boarder or roomer per family; or 2. to the purchaser-occupant(s) who has entered into a long-term installment contract for the purchase of the dwelling and who occupies the dwelling but to whom title does not pass from the seller until all the terms of the installment contract have been satisfied. The seller retains title until completion of the payments and in no way acts as a mortgagee. The seller s interest in the building and premises liability may be covered using Endorsement HO-41 - Additional Insured; or 3. to cover dwellings in course of construction provided the policy is issued only in the name of the intended owneroccupant(s) of the dwelling. Effective January 1, 1986 New 1 The Tokio Marine and Fire Insurance Company Effective February 1, 1986 Renewal

12 GENERAL RULES B. FORM HO-4 - A Homeowners Policy may be issued only to: 1. the tenant(s) (non-owner) of a dwelling or an apartment situated in any building; or 2. the owner-occupant(s) of a dwelling, cooperative unit or of a building containing an apartment not otherwise eligible for a Homeowners Policy under General Rule 2.A. above. provided the residence premises occupied by the insured is used exclusively for residential purposes (except as provided in General Rule 2.F.) and is not occupied by more than one additional family or more than 1 boarder or roomer. C. When a 2-family dwelling is occupied by co-owners, each occupying distinct living quarters with separate entrances, a Homeowners Policy providing building coverage may be issued to only one of the co-owner occupants of the dwelling. The policy may be endorsed to cover the interest of the other co-owner(s) in the building and for premises liability. A separate Homeowners Policy Form HO-4 may be issued to co-owners occupying the other apartment in the dwelling. It is permissible to extend the Homeowners Policy, without additional premium charge, to cover the interest of a nonoccupant joint owner in the building and for premises liability. Use Endorsement HO-41 - Additional Insured D. FORM HO-6 - A Homeowners Policy may be issued to the owner of a condominium unit which is used exclusively for residential purposes (except as provided in General Rule 2.F.) and is not occupied by more than one additional family or more than 1 boarder or roomer. E. Subject to all other sections of this rule, a Homeowners Policy may be issued to cover a seasonal dwelling. F. Incidental office, professional, private school and studio occupancies are permitted provided; 1. the premises is occupied principally for dwelling purposes; and 2. there is no other business conducted on the premises G. A Homeowners Policy shall not be issued covering any property to which farm forms or rates apply under the rules of the Company. In no event shall a policy be issued to cover any property situated on premises used for farming purposes. Optional Section II liability coverage is available for certain farm liability exposures as specified in the Premium Section of this manual. H. A Homeowners Policy shall not be issued to cover any mobile home, trailer home, or house trailer. 3. MANDATORY COVERAGE A. It is mandatory that insurance be written for all coverages provided under both Sections I and II of the Homeowners Policy. B. Section II of the policy requires coverage for the following exposures. When such exposures exist, refer to the Premium Section of this manual. 1. All additional premises where the named insured or spouse maintain a residence other than business or farm properties; 2. All residence employees of the named insured or spouse not covered or not required to be covered by workers compensation insurance; and 3. Incidental office, professional, private school or studio occupancies by the insured on residential premises of the named insured. Effective January 1, 1986 New 2 The Tokio Marine and Fire Insurance Company Effective February 1, 1986 Renewal

13 GENERAL RULES 4. PERMITTED INCIDENTAL OCCUPANCIES When the insured maintains an incidental office, professional, private school or studio occupancy in the dwelling or in separate structure on the premises, as permitted in General Rule 2.F., refer to the Premium Section of this manual for policy writing instructions. 5. DEDUCTIBLES Deductible options are shown in the Premium Section of this manual. 6. OPTIONAL COVERAGES For optional Section I and II Coverages, refer to the Premium Section of this manual. 7. SECONDARY RESIDENCE PREMISES Homeowners Coverage on a secondary residence premises shall be provided under a separate policy. The rules of this manual apply except that Section II Coverage is not mandatory for the secondary residence policy when: a. we insure the initial and secondary residence; and b. the policy number of the initial residence is indicated on the policy covering the secondary residence. 8. MULTIPLE COMPANY INSURANCE Refer to Company. 9. CHANGE ENDORSEMENT Endorsement HO-45, Change Endorsement, provides the minimum information requirements for any endorsement or change that takes place during the term of the policy. This endorsement must be used or the equivalent information provided. Copies of endorsements used must accompany this endorsement or its equivalent. 10. POLICY PERIOD The Homeowners Policy may be written for a period of one year and may be extended for successive policy periods by extension certificate based upon the premiums, forms and endorsements then in effect for the Company. For maintaining common anniversary dates, a Homeowners Policy may be written for a period of less than one year on a pro rata basis. 11. RENEWAL PLAN A. A Homeowners Policy may be written under the Renewal Plan for a term of twelve months. The policy may be continued for successive term. The Homeowners Renewal Plan requires the use of: 1. the Homeowners Policy with HO-52, Renewal Plan Endorsement, attached; or 2. a special Homeowners Renewal Policy B. The continuation premium shall be based upon the premiums in effect on renewal date. The then current editions of the applicable forms and endorsements must be made a part of the policy. Additional premiums for policy changes occurring during the current policy terms shall be computed pro rata of the annual premium. C. Renewal Eligibility Guidelines* 1. 1 or more bodily injury liability losses over $20,000 within the past 3 years or more losses involving an animal in the insured s care custody or control within the past 3 years or more losses resulting from lack of maintenance of the premises where the hazard has not been corrected or more, on or off premises theft or burglary losses within the past 3 years. 5. Vacant or unoccupied buildings. *Note: Any exceptions to the Renewal Eligibility Guidelines will require sign off and documentation by the Underwriting Manager. Effective January 1, The Tokio Marine and Fire Insurance Company

14 GENERAL RULES Effective January 1, The Tokio Marine and Fire Insurance Company

15 GENERAL RULES 12. OTHER INSURANCE Credit for existing insurance other than Multiple Company Insurance under General Rule 8. is not permitted. 13. CANCELLATION OR REDUCTIONS IN LIMITS OF LIABILITY OR COVERAGES It shall not be permissible to cancel any of the mandatory coverages in the policy unless the entire policy is cancelled. If insurance is cancelled or reduced at the request of either the insured or insurer, the earned premium shall be computed on a pro rata basis. 14. MANUAL PREMIUM REVISION A manual premium revision, meaning any revision of premium applicable to the Homeowners Program, shall be made in accordance with the following procedures: A. The effective date of such revision shall be as announced. B. The revision shall apply to any policy or endorsement in the manner outlined in the announcement of the revision. C. When an existing Homeowners Policy is endorsed to take advantage of a reduction in premium, the adjustment shall be made on a pro rata basis. D. Unless otherwise provided at the time the premium revision becomes effective, and except with respect to policies written subject to the Deferred Premium Payment Plan, the current forms and endorsements must apply to all items of the policy to which the premium revision applies. 15. TRANSFER OR ASSIGNMENT Subject to all the rules of this manual and any necessary adjustment of premium, a Homeowners Policy may be endorsed to effect: A. transfer to another location within the same state; or B. assignment from one insured to another in the event of transfer of title of the dwelling. 16. RESTRICTION OF INDIVIDUAL POLICIES If a Homeowners Policy would not be issued because of unusual circumstances or exposures, the named insured may request a restriction of the policy provided no reduction in the premium is allowed. Such requests shall be referred to the Company. 17. CONSTRUCTION DEFINITIONS A. Frame - exterior wall of wood or other combustible construction, including wood-iron clad, stucco on wood or plaster on combustible supports. B. Masonry - exterior walls constructed of masonry materials such as adobe, brick, concrete, gypsum block, hollow concrete block, stone, tile or similar materials and floors and roof of combustible construction (disregarding floors resting directly on the ground). C. Superior Construction 1. Non-Combustible - exterior walls and floors and roof constructed of, and supported by metal, asbestos, gypsum, or other non-combustible materials. 2. Masonry Non-Combustible - exterior walls constructed of masonry materials (as decried in B. above) and floors and roof of metal or other non-combustible materials. 3. Fire Resistive - exterior walls and floors and roof constructed of masonry or other fire resistive materials. Note: Mixed (Masonry/Frame) - a combination of both frame and masonry construction shall be classed and coded as frame when the exterior walls of frame construction (including gables) exceed 33 1/3% of the total exterior wall area; otherwise class and code as masonry. Effective January 1, 1986 New 4 The Tokio Marine and Fire Insurance Company Effective February 1, 1986 Renewal

16 GENERAL RULES 18. SEASONAL DWELLING DEFINITION A seasonal dwelling is a dwelling with continuous unoccupancy of three or more consecutive months during any one-year period. 19. SINGLE BUILDING DEFINITION All building or sections of buildings, which communicate through unprotected openings, shall be considered as a single building. Buildings, which are separated by space, shall be considered separate buildings. Buildings or sections of buildings, which are separated by an 8-inch masonry party wall which pierces or rises to the underside of the roof and which pierces or extends to the innerside of the exterior wall, shall be considered separate buildings. Communication between buildings with independent walls or through masonry party walls described above shall be protected by at least a Class A Fire Door installed in a masonry wall section. 20. DEFERRED PAYMENT PLAN Available for all forms except HO-4 in semiannual or quarterly installments. A $2 service charge for each payment applies. 21. SPECIAL PROVISIONS ENDORSEMENT - HO-300 Use with all Homeowners Policies. Effective January 1, 1986 New 5 The Tokio Marine and Fire Insurance Company Effective February 1, 1986 Renewal

17 ADJUSTED BASE PREMIUM COMPUTATION 1. BASE PREMIUM From the Basic Annual Premium Chart, select the Base Premium for the Coverage Amount, Basic Premium Group and Form that applies. 2. SUPERIOR CONSTRUCTION - ALL FORMS The premium for an eligible dwelling of superior construction is computed by multiplying the masonry BASE PREMIUM for a comparable dwelling or apartment unit by a factor of.85. Refer to the Construction Definitions on page 4 for details. 3. TOWNHOUSE OR ROW HOUSE - ALL FORMS EXCEPT HO-4 AND 6 The premium for an eligible 1 or 2-family dwelling in a town or row house structure is computed by multiplying the BASE PREMIUM by the appropriate factor below. Total No. of Individual Family Units Within The Protection Class Fire Division * & Over 1 & & & Over Refer to Company An eligible two-family, owner-occupied dwelling attached to a one-family dwelling but not separated by a firewall would be considered 3 individual family units within a fire division. Four 2-family dwellings not separated by a firewall would be considered 8 individual family units. 4. PERSONAL PROPERTY (COVERAGE C) - REPLACEMENT COST COVERAGE To extend the limit of liability for Coverage C to include Replacement Cost Coverage, the premium shall be developed by applying the following factors to the BASE PREMIUM including any premium adjustment for Coverage C limits (Note: When Replacement Cost Coverage applies, the Coverage C limit is automatically increased to 70% of the Coverage A limit.) HO HO HO Use Endorsement HO INFLATION GUARD - ALL FORMS EXCEPT HO-4 AND 6 A. Provides automatic annual increases of the Section I Limits of Liability. Use Endorsement and apply a factor to the BASE PREMIUM as follows: Endorsement Amount of Annual Increase Factor HO-184 4% 1.02 HO-241 6% 1.03 HO-242 8% 1.04 HO-243 Each Add l 4% over 8% - Add.02 B. The additional premium for policy changes occurring during the current policy term shall be computed pro rata of the annual premium. Use Endorsement HO-243 Effective January 1, The Tokio Marine and Fire Insurance Company

18 ADJUSTED BASE PREMIUM COMPUTATION 6. PROTECTIVE DEVICES - ALL FORMS Approved and properly maintained installations of burglar alarms, fire alarms and automatic sprinklers in the dwelling may be recognized for a premium credit - developed by applying the selected factors to the BASE PREMIUM. Type of Installation* Factor a) Central Station Reporting Burglar alarm.95 b) Central Station Reporting Fire Alarm.95 c) Both of the above.85 d) Police Station Reporting Burglar Alarm.97 e) Fire Department Reporting Fire Alarm.97 f) Local Burglar and/or Fire Alarm.98 g) Automatic Sprinklers in all areas, including attics, bathrooms, closets, attached structures.87 h) Automatic Sprinklers in all areas except attic, bathroom, closet and attached structure areas that are protected by a fire detector.92 Refer to Company for eligibility, types of systems and devices, installation, and available credits. Maximum credit - 25%. Use Endorsement HO Premises Alarm or Fire Protection System 7. DEDUCTIBLES All Homeowners Policies are subject to a deductible applicable to loss from all Section I perils covered under the policy on an occurrence basis. Enter the deductible amount selected in the Deductible Declaration of the policy. When a separate deductible amount applies to a certain peril, such as windstorm or theft, also enter that deductible amount and peril in the Deductible Declaration of the policy. A. Base Deductible HO-3, HO-6 (owner-occupied) - $100 HO-4, HO-6 (tenant-occupied) - $250 B. $250 Theft Deductible - HO-3, HO-6 (owner-occupied) This option applies to Coverage C property and is available only when the $100 deductible is selected. To develop the premium, multiply the BASE PREMIUM by a factor of.98 for HO-3 or.95 for HO-6. C. Fixed Dollar Amount Deductibles - All Forms The premium for this provision shall be developed by applying the factors listed below to the BASE PREMIUM. HO-3 Ded Amt Factor $ $ $1, HO-4 and HO-6 Ded Amt Factor $ 250 (HO-6 only).90 $ $1, Effective January 1, The Tokio Marine and Fire Insurance Company

19 ADJUSTED BASE PREMIUM COMPUTATION 8. AGE OF DWELLING - BASE PREMIUM MODIFICATION Age Deviation 0-5 yrs -20% 6 yrs -18 % 7 yrs -16% 8 yrs -14% 9 yrs -12% 10 yrs -10% 11 yrs -8% 12 yrs -6% 13 yrs -4% 14 yrs -2% 9. BRUSH AREA SURCHARGE If a policy is written in a Bureau-designated Brush Hazard Area, the base premium will be subject to a 20% surcharge in addition to applicable Bureau surcharges. 10. DIC (DIFFERENCE IN CONDITIONS) A credit of 30% will be applicable when this form is written. Effective June 1, 1988 New 8 The Tokio Marine and Fire Insurance Company Effective July 1, 1988 Renewal

20 OPTIONAL COVERAGE (SECTION I) 1. BUILDING ADDITIONS AND ALTERATIONS AT OTHER RESIDENCES All Forms - When the policy is extended to provide this coverage at residences other than the residence premises, rented to an insured, the premium per $1,000 of insurance shall be developed as follows: Apply the applicable premium under Add for each Additional $1,000 column in the basic premium chart for Form HO-4 and HO-6. Use Endorsement HO-49 - Building Additions and Alterations at Other Residence 2. BUILDING ADDITIONS AND ALTERATIONS INCREASED LIMIT A. HO-4 - When the limit of liability of 10% of Coverage C is increased, the premium number $1,000 of insurance shall be developed in the same manner as 1 above. Use Endorsement HO-51 - Building Additions and Alterations, Increase Limits B. HO-6 - Condominium Unit Not Regularly Rented to Others* 1. Basic Coverage - The form automatically provides $1,000 coverage at no additional premium charge. When this limit is increased, the premium for each additional $1,000 of insurance shall be developed as follows: Apply.80 of the applicable premium under Add for each Additional $1,000 column in the basic premium chart for Form HO-4 and HO Special Coverage - The form does not include coverage for all risks of physical loss. When all risks coverage is purchased, the additional premium is developed as follows: a. $1,000 limit in HO-32 - $2 per policy. Use Endorsement HO-32 - Unit Owners Building Items, Special Coverage b. Each Add l $1,000 - add $1 per $1,000 of insurance to the applicable premium under Add for each Additional $1,000 column in the basic premium chart for Form HO-4 and HO-6. Use Endorsement HO-32 when increasing limits of liability and extending coverage to an all risks basis. Refer to Rule 13 if unit is regularly rented. 3. CREDIT CARD, FUND TRANSFER CARD, FORGERY AND COUNTERFEIT MONEY When the limit of liability afforded under the policy is increased, the additional premium shall be developed as follows: New Limit of Liability Premium $ 1,000 (Incl) 2,500 $3 5, , ,000 6 Use Endorsement HO-53 - Credit Card, Fund Transfer Card, Forgery and Counterfeit Money Coverage, Increased Limits Effective June 1, 1988 New 9 The Tokio Marine and Fire Insurance Company Effective July 1, 1988 Renewal

21 OPTIONAL COVERAGE (SECTION I) 4. EARTHQUAKE COVERAGE A. Dwelling Forms Attach IL Step 1- Determine the territory ZIP code. Step 2- Multiply the selected amount of insurance per thousand by the rate shown in Table 1. Step 3- Determine the Age Relativity and Construction Relativity from Table 3 and Table 4 and apply these factors to the premium developed in Step 2. Step 4- Multiply the premium developed in Step 3 by B. Tenants and Condominiums Attach IL for Tenants; IL for Condominiums Step 1- Determine the territory by ZIP code. Step 2- Determine the premium per policy from Table 2. Step 3- Determine the Age Relativity and Construction Relativity from Table 3 and Table 4 and apply these factors to the premium amount developed in Step 2. Step 4- Multiply the premium developed in Step 3 by Table 1 - Table 2 - Rates for Dwelling Forms Premiums for Tenants and Condominium Forms Territory Rate Territory Premium Per Policy 1 $ $ Table 3 - Age Relativities Year of Relativity to Post Construction 1975 > < Table 4 - Construction Relativities Type of Construction Dwelling Forms Tenants and Condominium Forms Frame Mobile Home Masonry Earthquake Coverage Deductibles Dwelling Tenants Condominium Form Forms Form 15% of Coverage A $750 $750 $1,500 Loss Assessment (Condominium Only) Refer to Additional Rule Building Code Effectiveness Grading for information which may affect Earthquake rating. Effective January 1, The Tokio Marine and Fire Insurance Company

22 OPTIONAL COVERAGE (SECTION I) 5. LOSS ASSESSMENT COVERAGE - ALL FORMS When the policy is extended to cover loss assessment for which the insured may be liable, excluding Earthquake and Volcanic Eruption, the premiums listed shall apply to each location covered: Limit of Liability HO-4 or 6 HO-3 or HO-32 $ 5,000 $3 $4 $10, Each Add l $5,000 (Up to $50,000) 1 2 No more than 2 locations can be written in addition to the residence premises. Use Endorsement HO-35 - Loss Assessment Coverage (all forms) 6. LOSS OF USE - INCREASED LIMIT HO-3 - When the limit of liability for Coverage D is increased, the premium shall be $2 per $1,000 of insurance. HO-4 or HO-6 - When the limit of liability for Coverage D is increased, the premium per $1,000 of insurance shall be $4. 7. OFFICE, PROFESSIONAL, PRIVATE SCHOOL OR STUDIO USE A. When the policy is extended to cover a permitted incidental occupancy in the dwelling or in a separate structure on the residence premises and the building is not physically altered for the occupancy, the additional premium shall be $10. Use Endorsement HO-42 - Office, Professional, Private School or Studio Use B. When the permitted incidental occupancy is on an additional residential premises occupied by the insured, the additional premium shall be $ OTHER STRUCTURES When insurance is written on a specific structure: for increased limits occupied by the insured as a permitted incidental occupancy, or rented to other for dwelling purposes, the rates per $1,000 of insurance, noted below, shall apply separately to each structure on the same premises. A. Increased Limits $2 per $1,000 of insurance Use Endorsement HO-48 - Other Structures B. Occupied by the Insured with a Permitted Incidental Occupancy Use sum of (1) $3 per $1,000 of insurance, (2) the premium for increased Coverage C limits and (3) the charge for the liability exposure. Use Endorsement HO-42 - Office, Professional, Private School or Studio Use C. Rented to Other - Dwelling Purposes Use sum of (1) $3 per $1,000 of insurance, and (2) the charge for the liability exposure, Additional Insured Location - Rented to Others. Use Endorsement HO-40 - Structures Rented to Others Effective June 1, 1988 New 11 The Tokio Marine and Fire Insurance Company Effective July 1, 1988 Renewal

23 OPTIONAL COVERAGE (SECTION I) 9. PERSONAL PROPERTY A. Increased Limit When the limit of liability for Coverage C is increased, the additional premium per $1,000 of insurance shall be $2. (Does not apply to the automatic Coverage C increase for Replacement Cost on Contents Coverage.) B. Increased Limits - Other Residences When the limit of liability of 10% of Coverage C at other residences is increased, the additional premium shall be $7 per $1,000 of insurance. Use Endorsement HO-50 - Increased Limits on Personal Property in Other Residences C. Reduction in Limit The limit of liability for Coverage C may be reduced to an amount not less than 40% of the limit for Coverage A at a credit of $1 per $1,000 of insurance. Reduction in the limit of liability for Coverage C is not permitted when Endorsement HO-42 - Office, Professional, Private School or Studio Use is required. D. Increased Special Limits of Liability 1. Jewelry, Watches and Furs The special limit of liability of $2,500 for theft of jewelry, watches and furs is already included in the base price. 2. Money and Securities The special limit of $200 on money may be increased to $500. The $1,000 limit on securities may be increased to $2,000. The additional premium shall be developed as follows: Premium per $100 of Insurance Money Securities $6 $4 3. Silverware, Goldware and Pewterware The special limit of liability of $2,500 for loss by theft of silverware may be increased to a maximum of $10,000 in increments of $500. The additional premium shall be $3.25 for each $500 increase. 4. Firearms The special limit of liability of $2,000 for loss by theft of firearms may be increased to a maximum of $5,000 in increments of $100. The additional premium shall be $3 for each $100 increase. Use Endorsement HO-65 - Coverage C Increased Special Limits of Liability 10. RENTAL TO OTHERS - THEFT COVERAGE All Forms - When the policy is extended to cover loss by theft while the portion of the residence premises usually occupied by the insured is occasionally rented in whole or in part to others, or while there is rental to a roomer or boarder, the additional premium shall be $15. Use Endorsement HO-80 - Residence Rental Theft 11. BUSINESS PROPERTY The policy provides $2,500 coverage for business property on the residence premises. 12. LANDLORD S FURNISHINGS - ALL FORMS The policy may be extended to provide $1,000 coverage for landlord s furnishings in each apartment rented to others on the residence premises. The additional premium shall be $15 per policy for all units plus $2 per unit. Use Endorsement HO Landlord s Furnishings Effective June 1, 1988 New 12 The Tokio Marine and Fire Insurance Company Effective July 1, 1988 Renewal

24 OPTIONAL COVERAGE (SECTION I) 13. HO-6 CONDOMINIUM UNIT REGULARLY RENTED TO OTHERS The policy may be extended to include coverage for personal property and/or building items. When this is done, the Coverage C limit of liability shall be the total of the personal property and/or building items covered. Theft and personal liability coverage is included when this option is deleted. The additional premium shall be.25 of the BASE PREMIUM. Use Endorsement HO-33 - Unit-Owners Rental to Others for Basic Coverage 14. SCHEDULED PERSONAL PROPERTY Use Endorsement HO-61 - Scheduled Personal Property Endorsement A. Fine Arts AMOUNT OF 1 TO 4 FAMILIES 5 OR MORE FAMILIES COVERAGE Prot Cl 1-8 Prot Cl 9-10 Prot Cl 1-8 Prot Cl 9-10 $ 1,000 or less , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , Premiums apply to both masonry and frame buildings. To include Special Breakage coverage, make an additional charge of $1.50 per $1,000 on the amount of these items only. Use HO-63 - Fine Arts Breakage Effective June 1, 1988 New 13 The Tokio Marine and Fire Insurance Company Effective July 1, 1988 Renewal

25 OPTIONAL COVERAGE (SECTION I) B. Furs: Rate per $100 Los Angeles County - $.95 San Francisco - $.60 Alameda, Contra Costa, Marin & San Mateo Cos. - $.50 Remainder of State - $.55 C. Golfer s Equipment: Rate per $100 $1.00 per year D. Jewelry: Rate per $100 Los Angeles County - $2.40 San Francisco - $1.35 Alameda, Contra Costa, Marin & San Mateo Co.- $1.45 Remainder of State - $1.85 Jewelry in Vaults - Entire State: $.30 E. Musical Instruments: Rate per $100 Individuals/Non-Professionals - $.60 F. Silverware: Rate per $100 $.50 per year G. Stamp and Coin Collections: Rate per $100 Stamp Collections - $.45 Coin Collections -$1.90 H. Cameras: Rate per $100 $1.80 per year 15. ADDITIONAL EARTHQUAKE COVERAGE A. The policy may be endorsed to provide coverage to the insured dwelling, up to the limit of liability for Coverage A - Dwelling, for: 1. The cost of structural engineering services, except as provided by public entities, to determine the habitability of the dwelling after an earthquake; and 2. The cost of demolition of the dwelling due to structural condemnation as the result of damage or loss caused by earthquake. B. The premium shall be developed by multiplying the premium under Rule 4. Personal Earthquake Coverage A by.10. Use Endorsement HO-341 Effective June 1, 1988 New 14 The Tokio Marine and Fire Insurance Company Effective July 1, 1988 Renewal

26 OPTIONAL COVERAGE (SECTION I) 16. HAZARD REDUCTION DISCOUNT (RETROFITTING) A. The policy may be endorsed to provide a 5% discount to the premium developed for Personal Earthquake Coverage if the following conditions apply: 1. The dwelling was built prior to 1950, and 2. The following construction requirements are met: a. The dwelling is tied to the foundation, b. Cripple walls are braced with plywood or its equivalent, c. The hot water heater is secured to the building frame. B. The discount shall be developed by multiplying the premium developed under Rule 4. Personal Earthquake Coverage by ORDINANCE OR LAW COVERAGE A. Insures Coverage A and B against loss resulting from ordinance or laws regulating construction, repair or demolition of the insured property. B. This optional coverage is available for a charge of 10% of the Basic Premium. Use Endorsement HO COVERAGE ENHANCEMENT - FOR USE WITH HO-3 ONLY A. Additional coverage is available for the following Losses will be covered under Coverage A up to a maximum of 200%. Covered losses under Coverage B will be settled for the full replacement cost. A $500 limit will be available for Home Lock Replacement. Theft of Firearms will be covered by Coverage C limit. B. This optional coverage is available for a charge of 10% of Coverage A base premium. Use Endorsement HO California Homeowners Coverage Enhancement Endorsement Effective September 1, The Tokio Marine and Fire Insurance Company

27 COVERAGES (SECTION II) When the limit of liability for Coverage E (Personal Liability) and Coverage F (Medical Payments to Others) is increased, or coverage for additional exposures is provided, develop the additional premium as instructed below. The same limits must apply to all exposures. Coverage E limits apply on an occurrence basis; Coverage F limits, on an each person basis. Annual premiums or rating factors are provided for: Basic limits of $100,000 Cov E and $1,000 Cov F unless otherwise indicated. Increased limits up to $1,000,000 Cov E and $5,000 Cov F. 1. RESIDENCE PREMISES - BASIC AND INCREASED LIMITS A. Coverage E - Liability Limit Premium 100, ,000 $ , , , ,000, B. Coverage F - Medical Payments Limit Premium 1,000 2,000 $ 3 3, , , OTHER EXPOSURES A. Basic Limits - The rates displayed in this rule are for $100,000 Cov E and $1,000 Cov F. If higher limits are written for residence premises, then the same limits must apply to any additional exposure. 1. Three or Four-Family Dwelling - HO-4 only Use only when owner (named insured) occupies an apartment and rents other two or three apartments. Charge for additional premises liability exposure for the portion of the residence not occupied by the owner. Base No. of Families Premium 3 $ Use Endorsement HO-74 - Three or Four-Family Dwelling Premises Liability 2. Additional Insured Locations - Base Premiums No. of Families a. Occupied by Named Insured $ 6 $ 12 $ 24 $ 26 b. Rented to Others Use Endorsement HO-70 for Section II only Use Endorsement HO-40 for Sections I and II Coverage when rented to others Effective June 1, 1988 New 16 The Tokio Marine and Fire Insurance Company Effective July 1, 1988 Renewal

28 COVERAGES (SECTION II) 3. Residence Employees Does not apply in California. 4. Business Pursuits Coverage may be provided for the liability of the insured arising out of business activities. Coverage is excluded if insured owns business, is a partner or maintains financial control in the business. Classification Premium Per Person a. Clerical employees $ 4 b. Salesperson, collector or messenger - installation, demonstration or servicing Operation: Included $ 6 Excluded $ 4 c. Teachers 1. lab., athletic, manual or physical training $11 2. not otherwise classified $ 5 3. corporal punishment add to c.1. or 2 $ 4 Use Endorsement HO-71 - Business Pursuits 5. Incidental Farming Personal Liability Coverage may be provided for the liability of the insured when there is incidental farming on the premises which is not the business of the insured. Premium Residence Premises $25 Use Endorsement HO-72 - Incidental Farming Personal Liability 6. Office, Professional, Private School or Studio Use To provide coverage if insured maintains such occupancy in the dwelling or in a separate structure in accordance with General Rule 4. The premium charge below includes $1,000 medical payment for persons on premises because of permitted business occupancy. Premium a. Residence Premises $19 Use Endorsement HO-42 - Office, Professional, Private School or Studio Use (Residence Premises) b. Additional Residence Premises Occupied by Insured $18 Use Endorsement HO-43 - Office, Professional, Private School or Studio Use (Other Residence) 7. Outboard Motors and Watercraft a. Outboard Motors - For rating purposes, total horsepower shall be accumulated if two or more outboard motors are regularly used together with any single watercraft owned by insured. Horsepower Premium Over 25 - Under 50 (Incl) 50 and Over $16 Effective June 1, 1988 New 17 The Tokio Marine and Fire Insurance Company Effective July 1, 1988 Renewal

29 COVERAGES (SECTION II) b. Inboard or Inboard Outdrive Motorboats; Sailboats, 26 feet or more, with auxiliary power Length Speed (miles per hour) (in feet) Under to 30 Over 30 Under 26 $18 $ 36 $ to 40 $46 $ 72 $134 Over 40 $89 $134 c. Sailboats without auxiliary power 26 to 40 feet $36 Over 40 Feet Not Eligible Use Endorsement HO-75 - Watercraft 8. Owned Snowmobile Apply premium charge separately to each snowmobile owned by the named insured or any other insured. This charge is the minimum annual premium for each snowmobile for any period within a policy year. Each Snowmobile $46 Use Endorsement HO Snowmobile 9. Personal Injury Coverage for Personal Injury to others, such as false arrest, libel or invasion of privacy is included in the Homeowners Policy. See Endorsement HO-82 Personal Injury B. Increased Limits: Coverage E - Liability Apply the factor shown below to the basic limits premium for each exposure selected. Limit Factor 200, , , , ,000, Effective January 1, The Tokio Marine and Fire Insurance Company

30 COVERAGES (SECTION II) C. Increased Limits: Coverage F Medical Payments $2,000 $3,000 $4,000 $5, and 4-Family Dwelling No Additional Charge 2. Add l Insured Location Occupied by Named Insured or Rented to Others 1-Family Family Residence Employees Does not apply in California 4. Business Pursuits a. Clerical employees b. Salesperson, etc. installation, etc.- Included or Excluded c. Teachers - 1. lab, etc NOC Corporal Punishment Medical Payments Not Available 5. Incidental Farming Office, Professional, Private School, or Studio Use a. Residence Premises* b. Add l Residence Premises Occ by Insured Includes medical payment for persons on premises because of permitted business occupancy 7. Outboard Motors and Watercraft a. Outboard Motors Over 25 HP Under 50 HP HP and Over b. Inboard or Inboard-Outdrive Motorboats; Sailboats, 26 feet or more, with auxiliary power Less than 26 feet under 16 mph mph Over 30 mph to 40 feet under 16 mph mph Over 30 mph Over 40 feet under 16 mph mph Over 30 mph Refer to Company c. Sailboats without auxiliary power 26 to 40 feet Over 40 feet Refer to Company 8. Owned Snowmobile Effective June 1, 1988 New 19 The Tokio Marine and Fire Insurance Company Effective July 1, 1988 Renewal

31 OTHER RATING PROVISIONS 1. WAIVER OF PREMIUM When a policy is endorsed subsequent to the inception data, any additional or return premium of $3.00 or less may be waived. 2. WHOLE DOLLAR PREMIUM RULE All premiums shown on the policy and endorsements shall be rounded to the nearest whole dollar. A premium of fifty cents ($.50) or more shall be rounded to the next higher whole dollar. 3. SECONDARY RESIDENCE PREMISES When coverage is provided on the initial and secondary residence premises under separate policies in the same company, the basic premium for the secondary residence premises shall be reduced $28. Charge for an additional insured location under the policy covering the initial residence premises. A minimum annual premium of $50 shall be charged for each secondary residence premises regardless of the credit allowed. 4. MANDATORY WORKERS COMPENSATION AND EMPLOYERS LIABILITY COVERAGE - PRIVATE RESIDENCE EMPLOYEES Code Classifications Premium 0913 Inservant (employed for not less than 20 hours per week) $175 per employee 0912 Outservant (employees for not less than 10 hours per week) $150 per employee 0910 Occasional (all residence employees not included in Codes 0912 and 0913) Incl Attached Endorsement HO-90 - Workers Compensation and Employers Liability 5. THE FOLLOWING RULE APPLIES TO ALL COVERAGES Adjust all premiums by.80 to reflect the rate roll back resulting from Prop Effective June 1, 1988 New 20 The Tokio Marine and Fire Insurance Company Effective July 1, 1988 Renewal