CAS DISC IA CH. 8+9

buildings

“brick and mortar”, portable equimpment, permanent attachments,

fixtures

property that is permanently attached to buildings

personal property/ BPP

furniture, machinery, equipment, stock and others included in homes

money and securites

high theft risk, low-traceability, ease of concealment

autos

land motor vehicle, trailer, semitrailer designed for public roads

mobile equipment

vehicles for designated for off-road purposes

recreational vehicles

vehicles used for sport (all-terrain, dirt bikes, buggys)

additional coverage: debris removal

clean up coverage for a covered cause of loss on covered property

addtl covg: preservation of property

Coverage for any direct physical loss or damage to property in transit to a new location after a loss event

Exclusions of the Increased cost of construction addtl cov

loss to any undamaged portion of the building that an ordinance or law does not permit to remain in use. Cost to demolish undamaged portion of structure and remove debris

Coverage extensions: newly acquired or constructed property

automatic coverage for 30 days for buildings of similar type as the one in the declarations, regardless of location.

Coverage extensions:

small extension for individuals who lose personal belongings in a loss

coverage extensions: valuable papers/records

coverage for cost of blank records plus labor to transcribe/duplicate data. Not for electronic data

Coverage extension: property off premisses

property temporarily at non-owned, non-leased, non-operating locations in storage. Does not apply to sales personnel or property in transit

Outdoor property

Coverage for property immediately external or attached to a building for fire, lightning, explosion, riot or civil commontion, and aircraft

Non-owned detached trailers

coverage for trailers in the insured care, custody, or control at the described premises.

BPP Temporarily stored in portable storage units

Coverage for property in temporary storage units within 100 ft of the building/structure or premises

Broad/basic form covered loss

fire, lightning, explosion, wind/hail, smoke, aircraft/vehicles, riot, vandalism, sprinkler, sinkhole, volcano, falling objects, weight of ice, water damage. Additionally: fungus, wet rot, bacteria, collapse

Broad/basic form exclusion

earth movements, government action, ord/law, nuclear hazard, utility service, water (flood, backup, pressure), war, fungus/wet rot/dry rot/bacteria, anti-concurrent causation

Special form losses

open perils

Special form exclusions

limits application of coverage, wear-n-tear, theft - surrender, self-destruction, non-sale non-attached construction materials, particularly attractive items, pollutants, concurrent causation, loss/damage to products, vegetated rooves damaged by weather

Additional Coverages: special form

property in transit, water/liquid damage, powder, molten material, glass

applicable limit of insurance

the max the insurer is obligated to pay for any one occurrence.