Introduction: The Building and Personal Property Coverage Form CP

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "Introduction: The Building and Personal Property Coverage Form CP"

Transcription

1 Table of Contents Introduction: The Building and Personal Property Coverage Form CP Property Coverage Forms...2 ISO Rules...3 Underwriting...5 The National Underwriter Company Coverage Guides...6 Chapter 1: The Insuring Agreement; Covered and Not Covered Property...7 Section A. Coverage...7 Section A.1. Covered Property...9 Section A.2. Property Not Covered...26 Chapter 2: Additional Coverages, Coverage Extensions, and Optional Coverages...35 Section 4. Additional Coverages...36 Section 5. Coverage Extensions...43 Optional Coverages...50 Chapter 3: Covered Causes of Loss Named Perils Forms...57 CP Causes of Loss Basic Form...58 CP Broad Form Causes of Loss...69 Exclusions that Apply to Both Named Perils Causes of Loss Forms...72 Subsection B.2. Exclusions...80 Special Exclusions...81 Additional Coverages...81 Chapter 4: Special Covered Causes of Loss Form (CP 10 30)...85 Similarities to Named Perils Forms...86 Open Perils Exclusions Section B Losses That Happen over Time Section 2.d.(1) to (7)...88 Other Exclusions...93 Concurrent Causation Exclusions...97 Special Exclusions...99 Limitations Property Limited to Specified Causes of Loss...102

2 Additional Coverages and Limitation Additional Coverage Extensions Chapter 5: Conditions Commercial Property General Conditions Cancellation Changes Examination of Your Books and Records Inspection and Surveys Premiums Transfer of Rights and Duties under This Policy Commercial Property Policy Conditions Concealment, Misrepresentation, or Fraud Control of Property Insurance under Two or More Coverages Legal Action against Us Liberalization No Benefit to Bailee Other Insurance Policy Period, Coverage Territory Transfer of Rights of Recovery against Others to Us Other Relevant Provisions of the Commercial Property Policy Limits of Insurance Deductible Loss Conditions Abandonment and Appraisal The Insured's Duties in the Event of Loss Loss Payment Actual Cash Value Defined Valuing Business Personal Property Recovered Property Vacancy Valuation Additional Conditions Coinsurance Mortgageholders Chapter 6: Builders Risk ISO Eligibility and Rules Covered Property Property Not Covered Covered Causes of Loss Additional Coverages Coverage Extensions...136

3 Trees, Shrubs, and Plants Limits of Insurance Deductible Loss Conditions Additional Conditions Builders Risk Coverage Options Building Renovations Builders' Risk Reporting Form Separate or Subcontractors Interest Collapse during Construction Theft of Building Materials, Fixtures, Machinery, Equipment Building Materials and Supplies of Others Chapter 7: Business Income Coverage Forms Coverage for Business Income When Coverage Applies Extra Expense Extended Loss after Operations Resume Blanket Coverage ISO Simplified Business Income Program Extra Expense Covered Causes of Loss Exclusions and Limitations Additional Limitation Additional Coverages Civil Authority Alterations and New Buildings Extended Business Income Interruption of Computer Operations Expense to Reduce Loss Coverage Extension Limits of Insurance Loss Conditions Loss Determination Other Loss Conditions Coinsurance Optional Coverages Maximum Period of Indemnity Monthly Limit of Indemnity Agreed Value Extended Period of Indemnity Extra Expense Insurance Insured May Need Both Extra Expense Coverage Form, CP Causes of Loss...175

4 Additional Limitation Interruption of Computer Operations Coverage Extension and Additions Limits Other Insurance Other Exposures Ingress and Egress Flood Absence of Profits Chapter 8: Other Coverage Forms Leasehold Interest Coverage Form, CP Mortgageholders Errors and Omissions Coverage Form, CP Tobacco Sales Warehouses Coverage Form, CP Condominium Associations Coverage Form, CP Commercial Condominium Unit-Owners Coverage Form, CP Legal Liability Coverage Form, CP Additional Conditions Chapter 9: Commercial Property Endorsements Additional Building Property, CP Additional Covered Property, CP Additional Exclusions, CP Additional Insured and Loss Payee (Building Owner) CP and CP Additional Locations Special Coinsurance Provisions, CP Additional Property Not Covered, CP Agricultural Products Storage, CP Alcoholic Beverage Tax Exclusion, CP Blanket Insurance Margin Clause Option, CP Brands and Labels, CP Broken or Cracked Glass Exclusion Form, CP Building Glass Under Tenant's Policy, CP Business Income Changes Beginning of the Period of Restoration, CP Business Income Discretionary Payroll Expense, CP Business Income Landlord as Additional Insured (Rental Value), CP Business Income Ordinary Payroll Limitation or Exclusion, CP Burglary and Robbery Protective Safeguards, CP Cap on Losses from Certified Acts Of Terrorism, IL Changes Electronic Data, CP Changes Fungus, Wet Rot, Dry Rot and Bacteria, CP Civil Authority Change(s), CP Condominium Commercial Unit Owners Optional Coverages, CP Contributing Insurance, CP Debris Removal Additional Insurance, CP Deductible Limitation, CP

5 Dependent Properties, CP Disclosure Pursuant to Terrorism Risk Insurance Act, IL Distilled Spirits and Wines Market Value, CP Earthquake and Volcanic Eruption Endorsement Form, CP Earthquake Inception Extension, CP Electrical Apparatus, CP Electronic Commerce (E-Commerce), CP Flood Coverage Endorsement, CP Functional Building Valuation, CP Functional Personal Property Valuation Other Than Stock, CP Grain Properties Explosion Limitation, CP Household Personal Property Coverage, CP Leased Property, CP Legal Liability Coverage Schedule, CP DS Loss Payable Provisions, CP Manufacturers Consequential Loss Assumption, CP Manufacturer's Selling Price (Finished Stock Only), CP Market Value Stock, CP Molten Material, CP Multiple Deductible, CP Multiple Location/Premium and Dispersion Credit Application, CP Newly Acquired/Constructed Property-Increased Limit, CP Off-Premises Services - Direct Damage, CP Ordinance or Law Coverage, CP Outdoor Trees, Shrubs and Plants, CP Outside Signs, CP Peak Season Limit of Insurance, CP Pier and Wharf Additional Covered Causes of Loss, CP Pollutant Cleanup & Removal Additional Aggregate Limit of Insurance, CP Protective Safeguards, IL Radio or Television Antennas, CP Radioactive Contamination, CP Report of Values, CP 13 60, and Supplemental Report of Values, CP Spoilage Coverage, CP Sprinkler Leakage Exclusion, CP Sprinkler Leakage-Earthquake Extension, CP Storage or Repairs Limited Liability, CP Tentative Rates, CP Terrorism Endorsements Theft Exclusion, CP Utility Services Direct Damage, CP Vacancy Changes, CP Vacancy Permit, CP Value Reporting Form, CP Vandalism Exclusion, CP

6 Water Exclusion, CP Watercraft Exclusion, CP Windstorm or Hail Percentage Deductible, CP Windstorm or Hail Exclusion - Direct Damage, CP Windstorm or Hail Exclusion, CP Your Business Personal Property Separation of Coverage, CP Chapter 10: The Commercial Properties Program of American Association of Insurance Services (AAIS) Building and Personal Property Coverage Part Supplemental Coverages Special Causes of Loss Form Other Coverage Parts Endorsements Chapter 11: E-issues under the Commercial Property Policy Intangible Property Insuring Intangible Assets The Meaning of Property E-Property Policies Newly Developed Policies Chapter 12: Miscellaneous Commercial Property Coverage Issues ISO Interline Terrorism Endorsements Catastrophic Weather Loss Claims Issues Wind, Water, and Wind-Driven Water Wind Percentage Deductible Chinese Drywall Emerging "Green" Coverage Issues Specimen Forms Building and Personal Property Coverage Form CP Condominium Association Coverage Form CP Condominium Commercial Unit-Owners Coverage Form CP Builders Risk Coverage Form CP Business Income (and Extra Expense) Coverage Form CP Legal Liability Coverage Form CP Leasehold Interest Coverage Form CP Mortgageholders Errors and Omissions Coverage Form CP Tobacco Sales Warehouses Coverage Form CP Commercial Property Conditions CP Causes of Loss Basic Form CP

7 Causes of Loss Broad Form CP Causes of Loss Special Form CP Common Policy Conditions IL Index...423

Commercial Property Coverage Guide, 4th Edition

Commercial Property Coverage Guide, 4th Edition Brochure More information from http://www.researchandmarkets.com/reports/1413755/ Commercial Property Coverage Guide, 4th Edition Description: A business - from the one person office or store to the highly

More information

Personal and Business Property Table of Contents. Chapter One: Property Insurance Terms and Concepts 9-13

Personal and Business Property Table of Contents. Chapter One: Property Insurance Terms and Concepts 9-13 Personal and Business Property Table of Contents Chapter One: Property Insurance Terms and Concepts 9-13 Insurance Insurable Interest Risk Hazard Peril Loss Proximate Cause Deductible Indemnity Actual

More information

Optimum Property Comparison to Property Plus

Optimum Property Comparison to Property Plus Optimum Property Comparison to Property Plus Our Optimum Property provides a comprehensive suite of coverages. This document provides a comparison between the Optimum Property coverage form and the Property

More information

Businessowners P olicy (BOP)

Businessowners P olicy (BOP) 8 Businessowners P olicy (BOP) O h i o P r o p e r t y a n d C a s u a l t y I n s u r a n c e Businessowners Policy (BOP) Insurance companies have identified the six types of businesses that have been

More information

business key policy protecting your DReAMs

business key policy protecting your DReAMs business key policy PROTECTING YOUR DREAMS Why A Business Key Policy? A standard business policy is fine for some businesses. But many businesses have unique needs that require specialized or supplemental

More information

Your Exam Content Outline

Your Exam Content Outline Your Exam Content Outline The following outline describes the content of one of the Arizona insurance examinations. The outlines are the basis of the examinations. The examination will contain questions

More information

COMBINATION POLICY PROGRAM NEW YORK

COMBINATION POLICY PROGRAM NEW YORK COMBINATION POLICY PROGRAM UTICA FIRST INSURANCE SERVICES COMBINATION POLICY PROGRAM MANUAL TABLE OF CONTENTS RULES Index Eligibility Program Description Policywriting Instructions Premium Modification

More information

INDIANA PUBLIC ADJUSTER EXAMINATION CONTENT OUTLINE 60 QUESTIONS TOTAL REVISED 12.15.2006 ONE HOUR TIME LIMIT

INDIANA PUBLIC ADJUSTER EXAMINATION CONTENT OUTLINE 60 QUESTIONS TOTAL REVISED 12.15.2006 ONE HOUR TIME LIMIT INDIANA PUBLIC ADJUSTER EXAMINATION CONTENT OUTLINE 60 QUESTIONS TOTAL REVISED 12.15.2006 ONE HOUR TIME LIMIT Legal References: IC 27-1-1 thru 3, 27-1-27-1 thru 11, 27-1-31-1 thru 3, 27-1-3-22, 27-1-31-2(a),

More information

Businessowners Coverage

Businessowners Coverage Businessowners Coverage BUILDING AND/OR BUSINESS PERSONAL PROPERTY COVERAGES Buildings Covers your described building, outdoor fixtures (e.g., light poles and flag poles), building glass, permanently installed

More information

POLICYHOLDER NOTICE YOUR NEW BUSINESSOWNERS POLICY

POLICYHOLDER NOTICE YOUR NEW BUSINESSOWNERS POLICY ST-7680 (Ed. 04-12) New policy look. Same quality. POLICYHOLDER NOTICE YOUR NEW BUSINESSOWNERS POLICY Thank you for renewing your insurance with Harleysville. Your business insurance for your garage operations

More information

BUILDING AND PERSONAL PROPERTY COVERAGE PART

BUILDING AND PERSONAL PROPERTY COVERAGE PART BUILDING AND PERSONAL PROPERTY COVERAGE PART We cover direct physical loss to covered property at the premises described on the declarations caused by a covered peril. PROPERTY COVERED We cover the following

More information

EXAMINATION CONTENT OUTLINE

EXAMINATION CONTENT OUTLINE EXAMINATION CONTENT OUTLINE MICHIGAN INDEPENDENT ADJUSTER WITH WORKERS COMPENSATION AUTHORITY SERIES 16-72 # of Questions Minimum Passing Score Time Allowed 100 68% (68 correct) 120 Minutes CONTENT OUTLINE

More information

BUILDERS RISK COVERAGE FORM

BUILDERS RISK COVERAGE FORM BUILDERS RISK COVERAGE FORM COMMERCIAL PROPERTY CP 00 20 10 12 Various provisions in this policy restrict coverage. Read the entire policy carefully to determine rights, duties and what is and is not covered.

More information

General & Property Office Liability

General & Property Office Liability General & Property Office Liability General Liability Insurance provides coverage for all liability exposures unless specifically excluded. Liability exposure can include: Libel, slander, injury, damage

More information

Consumer s Quick Check Guide Condominium Unit-Owners Policy

Consumer s Quick Check Guide Condominium Unit-Owners Policy Consumer s Quick Check Guide Condominium Unit-Owners Policy Explanation of Coverage Limits and Options: This Consumer s Quick Check Guide to the Condominium Unit-Owners Policy is based, in part, on Insurance

More information

ISO HOMEOWNERS OPTIONAL COVERAGE ENDORSEMENTS CHECKLIST

ISO HOMEOWNERS OPTIONAL COVERAGE ENDORSEMENTS CHECKLIST PF&M ANALYSIS: ISO HOMEOWNERS OPTIONAL COVERAGE ENDORSEMENTS CHECKLIST (July, 2014) This checklist is designed for use with other PF&M articles. Related Articles: ISO Homeowners Optional Coverage Endorsements.

More information

BROADENED PROPERTY COVERAGE EXTENSION

BROADENED PROPERTY COVERAGE EXTENSION COMMERCIAL PROPERTY THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. BROADENED PROPERTY COVERAGE EXTENSION This endorsement modifies insurance provided under the following: COMMERCIAL PROPERTY

More information

UPDATED SECTION 8. (If you are testing on or after July 1, 2006 please study this in place of Section 8 in your book) 2006 Businessowners Policy

UPDATED SECTION 8. (If you are testing on or after July 1, 2006 please study this in place of Section 8 in your book) 2006 Businessowners Policy UPDATED SECTION 8 (If you are testing on or after July 1, 2006 please study this in place of Section 8 in your book) 2006 Businessowners Policy The BOP (Businessowner's Policy) is a package policy especially

More information

Personal property insurance: homeowner and auto insurance.

Personal property insurance: homeowner and auto insurance. Insurance and Social Insurance Personal property insurance: homeowner and auto insurance. Agenda Homeowners Insurance Basics Analysis of Homeowners 3 Policy Section I Coverages Section I Perils Insured

More information

CONDOMINIUM COMMERCIAL UNIT-OWNERS COVERAGE FORM

CONDOMINIUM COMMERCIAL UNIT-OWNERS COVERAGE FORM COMMERCIAL PROPERTY CP 00 18 04 02 CONDOMINIUM COMMERCIAL UNIT-OWNERS COVERAGE FORM Various provisions in this policy restrict coverage. Read the entire policy carefully to determine rights, duties and

More information

Rental Dwelling Policy Comparison

Rental Dwelling Policy Comparison Rental Dwelling Policy Comparison Coverage under the attached renewal policy is provided on our new Rental Dwelling Policy form DH 25-05 (01-97). As a result of this certain areas of coverage are broader

More information

Glossary of Commercial Insurance Terms

Glossary of Commercial Insurance Terms Glossary of Commercial Insurance Terms Commercial insurance is divided into two main categories: property insurance and casualty insurance. Property insurance provides coverage for property that is stolen,

More information

Consumer s Quick Check Guide Dwelling Property Policy

Consumer s Quick Check Guide Dwelling Property Policy Explanation of Coverage Limits and Options Consumer s Quick Check Guide Dwelling Property Policy There are three Dwelling Policy Forms offered in the State of Florida. This Consumer s Quick Check Guide

More information

Commercial Property Insurance

Commercial Property Insurance Commercial Property Insurance Insurance Companies: Alberta School Boards Insurance Exchange Subscribing Insurers Insuring Agreement The Insurer agrees to pay the Insured named on the Coverage Summary for

More information

CONDOMINIUM ASSOCIATION COVERAGE FORM

CONDOMINIUM ASSOCIATION COVERAGE FORM COMMERCIAL PROPERTY CP 00 17 06 07 CONDOMINIUM ASSOCIATION COVERAGE FORM Various provisions in this policy restrict coverage. Read the entire policy carefully to determine rights, duties and what is and

More information

Commercial Lines Exposure Checklist For:

Commercial Lines Exposure Checklist For: Commercial Lines Exposure Checklist For: Client Name Date Coverage Has Coverage Need Coverage Not Applicable/ Miscellaneous Policices Aircraft Products Liability Aviation Bonds Breach of Privacy Credit

More information

SPECIAL MULTI-PERIL POLICY PROGRAM

SPECIAL MULTI-PERIL POLICY PROGRAM SPECIAL MULTI-PERIL POLICY PROGRAM July 1983 INDEX DESCRIPTION RULE NO. PAGES Basic Policy Coverage 2 3 Eligibility 1 1-2 Forms List ------- 7-8 General Rules 3-a 3-h 3-5 Mandatory Forms ------- 3 Minimum

More information

Business Income With Extra Expense And Research And Development Income Coverage

Business Income With Extra Expense And Research And Development Income Coverage Business Income With Extra Expense Table of Contents Section Page No. Premises Coverages 3 Additional Coverages 6 Limits Of Insurance 12 Waiting Period 12 Loss Determination 12 Duration Of Loss Research

More information

Builders Risk - Sticks & Stones CAN Hurt You! sponsored by

Builders Risk - Sticks & Stones CAN Hurt You! sponsored by Builders Risk - Sticks & Stones CAN Hurt You! sponsored by BUILDER S RISK - Sticks & Stones CAN Hurt You! Robin Federici, CPCU, AAI, ARM, AINS, AIS, CPIW PO BOX 781 NORTH KINGSTOWN, RI 02852 Phone: 401-294-3557

More information

Businessowners Garage Coverage

Businessowners Garage Coverage Businessowners Garage Coverage American Family s Businessowners Garage Coverage With more than thirty years of commercial lines policy experience and $15 billion in assets*, American Family offers businesses

More information

Chapter 13 Commercial Property Insurance Coverages

Chapter 13 Commercial Property Insurance Coverages Chapter 13 Commercial Property Insurance Coverages Overview Business enterprises make a large investment in property plant, equipment, vehicles, inventory, furniture, and other property. This property

More information

SILA: Catastrophic Risk Management

SILA: Catastrophic Risk Management SILA: Catastrophic Risk Management Course Description: P&C Risks and Catastrophes focuses on topics that may not come up every day, but are equally as important for agents and consumers to understand because

More information

Professional Liability Coverage for Law Offices

Professional Liability Coverage for Law Offices SMALL BUSINESS INSURANCE Professional Liability Coverage for Law Offices Coverage you need from a name you trust The Hartford Most lawyers agree, professional liability coverage is essential. But, it isn

More information

BUILDERS RISK COVERAGE FORM

BUILDERS RISK COVERAGE FORM CP 00 20 06 95 BUILDERS RISK COVERAGE FORM Various provisions in this policy restrict coverage. Read the entire policy carefully to determine rights, duties what is is not covered. Throughout this policy

More information

CHAPTER 2. PROPERTY INSURANCE EXPLANATION AND REQUIREMENTS

CHAPTER 2. PROPERTY INSURANCE EXPLANATION AND REQUIREMENTS CHAPTER 2. PROPERTY INSURANCE EXPLANATION AND REQUIREMENTS 2-1. PROPERTY COVERAGE. Property insurance policies shall be written to cover all HAowned property based on their current replacement value including

More information

Oklahoma Fire Protection Organization Insurance Programs

Oklahoma Fire Protection Organization Insurance Programs Oklahoma Fire Protection Organization Insurance Programs Available to Authorized Fire Departments Only Property Program & Auto Physical Damage Program General Information & Claims Procedures Coverage Period:

More information

Business Income Without Extra Expense

Business Income Without Extra Expense Business Income Without Extra Expense Table of Contents Section Page No. Premises Coverages 3 Additional Coverages 5 Limits Of Insurance 10 Waiting Period 10 Loss Determination 10 Loss Payment Option 11

More information

THE INSURANCE POLICY: SIMPLIFIED!

THE INSURANCE POLICY: SIMPLIFIED! THE INSURANCE POLICY: SIMPLIFIED! INSURANCE CONTRACT: COMMERCIAL PROPERTY AND BUSINESS INCOME The insurance policy is a contract and as such, is governed by its conditions, provisions, and exclusions.

More information

EXHIBIT K Insurance Requirements

EXHIBIT K Insurance Requirements EXHIBIT Insurance Requirements Subject to approval by the City's Risk Manager of the insurers and policy forms, and further subject to HUD's rights under the HUD Documents during the term of the HUD Documents,

More information

BUILDING AND PERSONAL PROPERTY COVERAGE FORM

BUILDING AND PERSONAL PROPERTY COVERAGE FORM BUILDING AND PERSONAL PROPERTY COVERAGE FORM COMMERCIAL PROPERTY CP 00 10 04 02 Various provisions in this policy restrict coverage. Read the entire policy carefully to determine rights, duties and what

More information

CPP 8.12 Release Notes

CPP 8.12 Release Notes Below summarizes the updates addressed in this AIXMIC CPP Changes. Rating & Issuance ISO & AIX/ NOVA Updates System has been updated with following state changes. The Effective Dates listed below are the

More information

BOP Form And Endorsement List

BOP Form And Endorsement List BOP Form And Endorsement List Alphabetical List - A - BP 04 48 Additional Insured - Designated Person or Organization BP 04 16 Additional Insured - Lessor of Leased Equipment BP 04 02 Additional Insured

More information

Commercial Property Issues #2: Miscellaneous Points to Ponder... sponsored by

Commercial Property Issues #2: Miscellaneous Points to Ponder... sponsored by Commercial Property Issues #2: Miscellaneous Points to Ponder... sponsored by Commercial Property Issues #2: Miscellaneous Points to Ponder Presented by Michael C. D Orlando, CIC, LIA, CPIA Insurance Training

More information

Tenant-occupied. Preferred Office Program (POP) Customer Service (727) 823-4000 (800) 627-0000. Claims (800) 765-9700

Tenant-occupied. Preferred Office Program (POP) Customer Service (727) 823-4000 (800) 627-0000. Claims (800) 765-9700 Customer Service (727) 823-4000 (800) 627-0000 Claims (800) 765-9700 Bankers Insurance Group 11101 Roosevelt Blvd N St. Petersburg, FL 33716 Includes Material Insurance Services Office, Inc. BIG-6305-0412

More information

Business Income With Extra Expense

Business Income With Extra Expense Business Income With Extra Expense Table of Contents Section Page No. Premises Coverages 3 Additional Coverages 5 Limits Of Insurance 11 Waiting Period 11 Loss Determination 11 Loss Payment Option 12 Loss

More information

STANDARD PROPERTY POLICY

STANDARD PROPERTY POLICY STANDARD PROPERTY POLICY COMMERCIAL PROPERTY CP 00 99 06 07 Various provisions in this policy restrict coverage. Read the entire policy carefully to determine rights, duties and what is and is not covered.

More information

BUILDING AND PERSONAL PROPERTY COVERAGE FORM

BUILDING AND PERSONAL PROPERTY COVERAGE FORM BUILDING AND PERSONAL PROPERTY COVERAGE FORM COMMERCIAL PROPERTY CP 00 10 10 12 Various provisions in this policy restrict coverage. Read the entire policy carefully to determine rights, duties and what

More information

BUSINESS INCOME COVERAGE FORM AMENDATORY ENDORSEMENT

BUSINESS INCOME COVERAGE FORM AMENDATORY ENDORSEMENT BUSINESS INCOME COVERAGE FORM AMENDATORY ENDORSEMENT Various provisions in this policy restrict coverage. Read the entire policy carefully to determine the rights, duties, and what is and is not covered.

More information

Your Exam Content Outline

Your Exam Content Outline Your Exam Content Outline The following outline describes the content of one of the New York insurance examinations. The examination will contain questions on the subjects contained in the outline. The

More information

AGREEMENT DEFINITIONS COVERAGES

AGREEMENT DEFINITIONS COVERAGES Dwelling Property 3 Special Form Ed. 7-88 AGREEMENT We will provide the insurance described in this policy in return for the premium and compliance with all applicable provisions of this policy. DEFINITIONS

More information

reasons why... PROPERTY AND LIABILITY PROTECTION

reasons why... PROPERTY AND LIABILITY PROTECTION 101 reasons why... PROPERTY AND LIABILITY PROTECTION The Unbeatable Team: You, Customarq Classic and Chubb In today s competitive sales arena, you want to offer the best package product to your commercial

More information

NEW JERSEY NAMED STORM PERCENTAGE DEDUCTIBLE

NEW JERSEY NAMED STORM PERCENTAGE DEDUCTIBLE POLICY NUMBER: COMMERCIAL PROPERTY THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. NEW JERSEY NAMED STORM PERCENTAGE DEDUCTIBLE This Endorsement modifies insurance provided under the following:

More information

Covered Causes of Loss (Lecture 5)

Covered Causes of Loss (Lecture 5) Overview of Lecture 5 (chapter 5 CPCU 3) I. Insuring agreement Covered Causes of Loss (Lecture 5) II. Causes of loss forms A. Basic B. Broad C. Special D. Exclusions E. Special form additional concurrent

More information

Hurricane Preparation and Response Insurance & Risk Management AAPA

Hurricane Preparation and Response Insurance & Risk Management AAPA Hurricane Preparation and Response Insurance & Risk Management December 6-7, 2012 AAPA Miami, Florida Risk Management Pre Loss Planning What to do before a loss: Identification of insurance policies that

More information

Supplementary Declarations - Property

Supplementary Declarations - Property Named Insured and Mailing Address Supplementary Declarations - Property Chubb Group of Insurance Companies 15 Mountain View Road Warren, NJ 07059 Issued by the stock insurance company indicated below,

More information

Amended Date of New & Revised Material Updates. How To Reach Us

Amended Date of New & Revised Material Updates. How To Reach Us Oregon Dwelling Fire Product Guide What s New Amended Date of New & Revised Material Updates How To Reach Us Phone / FAX / Email Home Office Agency Services Claims Customer Service (Billing) Marketing

More information

Exhibit I Insurance Requirements

Exhibit I Insurance Requirements Exhibit I Insurance Requirements The insurance sections of this Exhibit I and the Draft Concession contract are presented in a manner that outlines types and levels of insurance that Reclamation will consider

More information

BUILDING AND PERSONAL PROPERTY COVERAGE FORM

BUILDING AND PERSONAL PROPERTY COVERAGE FORM BUILDING AND PERSONAL PROPERTY COVERAGE FORM COMMERCIAL PROPERTY CP 00 10 10 00 Various provisions in this policy restrict coverage. Read the entire policy carefully to determine rights, duties and what

More information

Farm and ranch owners, commercial growers and packers AGRIBUSINESS WE INSURE YOUR GROWING BUSINESS SM

Farm and ranch owners, commercial growers and packers AGRIBUSINESS WE INSURE YOUR GROWING BUSINESS SM Farm and ranch owners, commercial growers and packers AGRIBUSINESS WE INSURE YOUR GROWING BUSINESS SM Farm and ranch owners have a different lifestyle than other businesses, which translates into unique

More information

RLI Home Business Insurance Policy COVERAGE DETAILS AND EXCLUSIONS

RLI Home Business Insurance Policy COVERAGE DETAILS AND EXCLUSIONS RLI Home Business Insurance Policy COVERAGE DETAILS AND EXCLUSIONS NOTE: This document is a general analysis of the coverages, limitations and exclusions applicable to the RLI Home Business Insurance (HBI)

More information

PROPERTY EXTENSION ENDORSEMENT

PROPERTY EXTENSION ENDORSEMENT COMMERCIAL PROPERTY THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. PROPERTY EXTENSION ENDORSEMENT This endorsement modifies insurance provided under the following: COMMERCIAL PROPERTY COVERAGE

More information

CAUSES OF LOSS BASIC FORM

CAUSES OF LOSS BASIC FORM CAUSES OF LOSS BASIC FORM COMMERCIAL PROPERTY CP 10 10 06 07 A. Covered Causes Of Loss When Basic is shown in the Declarations, Covered Causes of Loss means the following: 1. Fire. 2. Lightning. 3. Explosion,

More information

Insuring Your Business... The Basics of Property & Liability Coverage. A Publication of the Maine Bureau of Insurance

Insuring Your Business... The Basics of Property & Liability Coverage. A Publication of the Maine Bureau of Insurance Maine Bureau of Insurance 34 State House Station Augusta ME 04333 Insuring Your Business... The Basics of Property & Liability Coverage A Publication of the Maine Bureau of Insurance Table of Contents

More information

SAMPLE. Total Estimated Annual Premium for Spectrum: $ 1,576.00. POLICY LEVEL Property Coverage... 2

SAMPLE. Total Estimated Annual Premium for Spectrum: $ 1,576.00. POLICY LEVEL Property Coverage... 2 YOUR BUSINESS INSURANCE SOLUTION SPECTRUM PROPOSAL Prepared for: Human Nutrition Industries Inc DBA International Science Pro 9901 E La Palma Ave., Anaheim, CA 92807 Proposed by: PAPERLESS INSURANCE SERVICES

More information

COMMERCIAL RISK MANAGEMENT COVERAGE SUMMARY

COMMERCIAL RISK MANAGEMENT COVERAGE SUMMARY COMMERCIAL RISK MANAGEMENT COVERAGE SUMMARY COMMERCIAL RISK MANAGEMENT Prepared for: GRAF MEADOWS HOA 3300 NW 185TH AVE PMB 195 PORTLAND OR 97229-3406 RICH RANF AGENT By: STATE FARM INSURANCE COMPANIES

More information

Midwives Association of British Columbia

Midwives Association of British Columbia Midwifery Practice Insurance Program Midwives Association of British Columbia Prepared by: Lee Fulsher, BA, CAIB Account Manager Direct Line: 604-699-2266 Email: lfulsher@shawsabey.com November 13, 2015

More information

Coverages 3. Debris Removal Coverage 4. Policy Exclusions 5. Limits Of Insurance 8. Deductible 9. Loss Payment Basis 9

Coverages 3. Debris Removal Coverage 4. Policy Exclusions 5. Limits Of Insurance 8. Deductible 9. Loss Payment Basis 9 Mobile Equipment Table of Contents Section Page No. Coverages 3 Debris Removal Coverage 4 Policy Exclusions 5 Limits Of Insurance 8 Deductible 9 Loss Payment Basis 9 Loss Payment Basis Exceptions 10 Loss

More information

APPENDIX 8 INSURANCE REQUIREMENTS

APPENDIX 8 INSURANCE REQUIREMENTS APPENDIX 8 INSURANCE REQUIREMENTS Policy Term: Policy Limit: Sub Limits: Coverage Extensions / Conditions: Insured Perils: FDOT Self Insurance BUILDERS RISK Required when performing Construction Work Builders

More information

Building Under Construction

Building Under Construction Building Under Construction Table of Contents Section Page No. Premises Coverages 3 Additional Coverages 5 Debris Removal Coverage 7 When Coverage Ceases 8 Policy Exclusions 8 Limits Of Insurance 15 Deductible

More information

DWELLING PROPERTY 1BASICFORM

DWELLING PROPERTY 1BASICFORM DWELLING PROPERTY 1BASICFORM AGREEMENT We will provide the insurance described in this policy in return for the premium and compliance with all applicable provisions of this policy. DEFINITIONS Throughout

More information

Renters Insurance. When you want to leave nothing to chance.

Renters Insurance. When you want to leave nothing to chance. Renters Insurance When you want to leave nothing to chance. Property Coverage The Renters Policy protects your possessions in the event of: Fire Lightning Windstorm Hail Explosion Riot Aircraft Damage

More information

South Carolina Property, Casualty, Surety and Marine Insurance Producer - Series 19-04 150 questions 2.5-hour time limit

South Carolina Property, Casualty, Surety and Marine Insurance Producer - Series 19-04 150 questions 2.5-hour time limit South Carolina Property, Casualty, Surety and Marine Insurance Producer - Series 19-04 150 questions 2.5-hour time limit 1.0 Insurance Regulation 10% 1.1 Licensing Process (38-43-100) Types of licensees

More information

Coverage Checklist BUSINESS, PROPERTY, AUTO, LIABILITY & RELATED COVERAGE. Insurance Health & Benefits Financial Services Tax Preparation

Coverage Checklist BUSINESS, PROPERTY, AUTO, LIABILITY & RELATED COVERAGE. Insurance Health & Benefits Financial Services Tax Preparation Coverage Checklist BUSINESS, PROPERTY, AUTO, LIABILITY & RELATED COVERAGE Insurance Health & Benefits Financial Services Tax Preparation Property PERILS OF LOSS Selection of loss perils is very important

More information

COMMERCIAL PROPERTY ENHANCEMENT ENDORSEMENT

COMMERCIAL PROPERTY ENHANCEMENT ENDORSEMENT THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. COMMERCIAL PROPERTY ENHANCEMENT ENDORSEMENT This endorsement modifies insurance provided under the following: BUILDING AND PERSONAL PROPERTY

More information

UTICA FIRST INSURANCE COMPANY ARTISANS PROGRAM

UTICA FIRST INSURANCE COMPANY ARTISANS PROGRAM UTICA FIRST INSURANCE COMPANY MANUAL TABLE OF CONTENTS RULES Eligibility Program Description Policywriting Instructions Definitions Premium Modifications Deductibles Premium Development Property Coverage

More information

Texas Homeowner Forms and Endorsements Description

Texas Homeowner Forms and Endorsements Description Texas Homeowner The following is a brief description of the ISO Homeowners Policy Forms. HO 00 03 10 00. Homeowners 3 Special Form. This form is analogous to the Texas Homeowners Policy - Form B. A side-by-side

More information

SEND FAIR PLAN COPY TO FAIR PLAN AND PRODUCER RETAIN PRODUCER COPY PLEASE READ REVERSE SIDE OF CHECKLIST FOR AREAS OF ELIGIBILITY ON ALL APPLICATIONS

SEND FAIR PLAN COPY TO FAIR PLAN AND PRODUCER RETAIN PRODUCER COPY PLEASE READ REVERSE SIDE OF CHECKLIST FOR AREAS OF ELIGIBILITY ON ALL APPLICATIONS SEND FAIR PLAN COPY TO FAIR PLAN AND PRODUCER RETAIN PRODUCER COPY PLEASE READ REVERSE SIDE OF CHECKLIST FOR AREAS OF ELIGIBILITY ON ALL APPLICATIONS 1. Give the applicant s mailing address (item 3) and

More information

Business Auto Policy Coverage Guide, 3rd Edition

Business Auto Policy Coverage Guide, 3rd Edition Brochure More information from http://www.researchandmarkets.com/reports/1413628/ Business Auto Policy Coverage Guide, 3rd Edition Description: With the Business Auto Policy Coverage Guide, insurance professionals

More information

AAIS -- READ THIS ENTIRE POLICY CAREFULLY -- FL-3 IT IS A LEGAL CONTRACT Ed 1.0 SPECIAL FORM

AAIS -- READ THIS ENTIRE POLICY CAREFULLY -- FL-3 IT IS A LEGAL CONTRACT Ed 1.0 SPECIAL FORM AAIS -- READ THIS ENTIRE POLICY CAREFULLY -- FL-3 IT IS A LEGAL CONTRACT Ed 1.0 SPECIAL FORM The following Table of Contents shows how the policy is organized. It will help you locate particular sections

More information

KANSAS MUTUAL INSURANCE COMPANY FARM PROTECTOR PROGRAM General Index

KANSAS MUTUAL INSURANCE COMPANY FARM PROTECTOR PROGRAM General Index General Index Page Section Number Rate Page ADDITIONAL AND SECONDARY LOCATIONS 27 14 31 Additional Interests 12 6.4 Additional Living Expense 23 12.2 33 Additional Residence Premises -- Rented To Others

More information

Causes of Loss Forms (Chapter 5)

Causes of Loss Forms (Chapter 5) Causes of Loss Forms (Chapter 5) Overview of Chapter 5 I. Insuring agreement II. Causes of loss forms A. Basic B. Broad C. Special D. Exclusions E. Special form additional concurrent causation exclusion

More information

Boat Dealer & Boat Repair. Guide

Boat Dealer & Boat Repair. Guide Boat Dealer & Boat Repair Guide Boat Dealer & Boat Repair Auto-Owners has the versatility and flexibility needed to make sure you and your business are program also gives you the ability to insure automobiles

More information

Step 1. Step 2 REVIEW YOUR POLICY PROMPT NOTICE TO INSURANCE CARRIER

Step 1. Step 2 REVIEW YOUR POLICY PROMPT NOTICE TO INSURANCE CARRIER business income insurance checklist Each year, many organizations suffer a temporary interruption of their business operations due to the damage and destruction caused by hurricanes and other causes of

More information

BUSINESS INTERRUPTION COVERAGE

BUSINESS INTERRUPTION COVERAGE POLICY NUMBER: COMMERCIAL AUTO CA 99 05 02 14 THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. BUSINESS INTERRUPTION COVERAGE This endorsement modifies insurance provided under the following:

More information

Your Exam Content Outline

Your Exam Content Outline Your Exam Content Outline The following outline describes the content of one of the Texas insurance examinations. The outlines are the basis of the examinations. The examination will contain questions

More information

Amended Date of New & Revised Material Updates. How To Reach Us

Amended Date of New & Revised Material Updates. How To Reach Us Dwelling Fire Product Guide What s New Amended Date of New & Revised Material Updates How To Reach Us Phone / FAX / Email Home Office Agency Services Claims Customer Service (Billing) Marketing Materials

More information

Training Needs Checklist. A competency assessment tool used by agency staff and supervisors to establish training priorities.

Training Needs Checklist. A competency assessment tool used by agency staff and supervisors to establish training priorities. Training Needs Checklist A competency assessment tool used by agency staff and supervisors to establish training priorities. Employee: Interview date: New Date Date Office Functions Review Training Trainer

More information

Chapter 10. Chapter 10 Learning Objectives. Insurance and Risk Management: An Introduction. Property and Motor Vehicle Insurance

Chapter 10. Chapter 10 Learning Objectives. Insurance and Risk Management: An Introduction. Property and Motor Vehicle Insurance Chapter 10 Property and Motor Vehicle Insurance McGraw-Hill/Irwin Copyright 2012 by The McGraw-Hill Companies, Inc. All rights reserved. 10-1 Chapter 10 Learning Objectives 1. Develop a risk management

More information

CC-EVER001-16 Exhibit I: Insurance Page I-1 EXHIBIT I INSURANCE REQUIREMENTS

CC-EVER001-16 Exhibit I: Insurance Page I-1 EXHIBIT I INSURANCE REQUIREMENTS CC-EVER001-16 Exhibit I: Insurance Page I-1 EXHIBIT I INSURANCE REQUIREMENTS SEC. 1. INSURANCE REQUIREMENTS The Concessioner shall obtain and maintain during the entire term of this Contract, at its sole

More information

Condominium Unit-Owner Coverage - A Simplifi ed Property Ownership & Insurance Nightmare!

Condominium Unit-Owner Coverage - A Simplifi ed Property Ownership & Insurance Nightmare! Condominium Unit-Owner Coverage - A Simplifi ed Property Ownership & Insurance Nightmare! Condominium Unit-Owner Coverage - A Simplified Property Ownership & Insurance Nightmare Robin Federici, CPCU, AAI,

More information

BUSINESSOWNERS COVERAGE FORM

BUSINESSOWNERS COVERAGE FORM Policy Number: RLI Insurance Company BUSINESSOWNERS COVERAGE FORM Various provisions in this policy restrict coverage. Read the entire policy carefully to determine rights, duties and what is and is not

More information

Businessowners Enhancement Endorsement

Businessowners Enhancement Endorsement BUSINESSOWNERS WN BP 37 01 14 Businessowners Enhancement Endorsement The following is a summary of increased limits of insurance and additional coverages provided by this endorsement. This is subject to

More information

INTERNATIONAL MARINE UNDERWRITERS COMMERCIAL MARINE PACKAGE POLICY APPLICATION

INTERNATIONAL MARINE UNDERWRITERS COMMERCIAL MARINE PACKAGE POLICY APPLICATION INTERNATIONAL MARINE UNDERWRITERS COMMERCIAL MARINE PACKAGE POLICY APPLICATION Name of Applicant: Mailing Address: Web: City: State: Zip: Applicant is a : Partnership Corporation Other Policy Period: From:

More information

From Groundbreaking to Remodeling: Builders Risk 101 Guide

From Groundbreaking to Remodeling: Builders Risk 101 Guide From Groundbreaking to Remodeling: Builders Risk 101 Guide Builders Risk 101 Guide As a trusted insurance professional, your clients rely on you to provide risk mitigation advice and to recommend a superior

More information

SPECIAL REPORT. BUILDING A BETTER LEASE AGREEMENT Key Considerations in Negotiating Landlord Favored Commercial Insurance and Indemnity Provisions

SPECIAL REPORT. BUILDING A BETTER LEASE AGREEMENT Key Considerations in Negotiating Landlord Favored Commercial Insurance and Indemnity Provisions SPECIAL REPORT BUILDING A BETTER LEASE AGREEMENT Key Considerations in Negotiating Landlord Favored Commercial Insurance and Indemnity Provisions (06-17-08) This Special Report was written by Kenneth R.

More information

CAMBRIDGE PROPERTY & CASUALTY SPECIAL REPORT

CAMBRIDGE PROPERTY & CASUALTY SPECIAL REPORT CAMBRIDGE PROPERTY & CASUALTY SPECIAL REPORT BUILDING A BETTER LEASE AGREEMENT Key Considerations in Negotiating Landlord Favored Commercial Insurance and Indemnity Provisions This Special Report was written

More information

Your Exam Content Outline

Your Exam Content Outline Your Exam Content Outline The following outline describes the content of one of the Arizona insurance examinations. The outlines are the basis of the examinations. The examination will contain questions

More information

AGREEMENT DEFINITIONS COVERAGES

AGREEMENT DEFINITIONS COVERAGES Dwelling Property 1 Basic Form Ed. 7-88 AGREEMENT We will provide the insurance described in this policy in return for the premium and compliance with all applicable provisions of this policy. DEFINITIONS

More information

SPECIAL PROVISIONS ñ NEW YORK

SPECIAL PROVISIONS ñ NEW YORK HOMEOWNERS HO 01 31 10 02 THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. SPECIAL PROVISIONS ñ NEW YORK SECTION I ñ PROPERTY COVERAGES E. Additional Coverages 6. Credit Card, Electronic

More information

Commercial Insurance. Consumer s Guide. Prepared by

Commercial Insurance. Consumer s Guide. Prepared by Commercial Insurance Consumer s Guide Prepared by Commonwealth of Virginia State Corporation Commission Bureau of Insurance P.O. Box 1157 Richmond, Virginia 23218 (804) 371-9185 (877) 310-6560 Website:

More information