HO and DP coverages

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HO Coverage D covers

3 types of coverages: 1: if a covered property loss makes the residence premises uninhabitable, policy will cover additional living expenses related to maintaining the insured normal standard of living 2: covered loss to the insureds property makes a part of the residence premises uninhabitable that is rented to others, the policy will cover the loss of fair rental value 3: civil authority prohibits the insured from using the residence premises as a result of direct damage to a neighboring premises by a peril insured against, the additional living expense or fair rental value loss will be covered for up to two weeks

DP Coverage E

Additional living expense

DP-1

Basic form

HO Coverage E covers

Bodily injury: means bodily harm, sickness, or disease, including required care, loss of service, and death Property damage: means physical damage to property, including loss of use Covered anywhere in the world

Broad peril coverage

Broad BIG AFFECT Burglary Ice sleet snow (weight of) Glass breakage Accidental discharge of water Freezing objects Falling objects Electrical current Collapse Tearing asunder

HO5- comprehensive form

Broad coverage form of all homeowners policy forms

DP-2

Broad form

HO2

Broad form- owner occupant

DP Coverage B covers

Buildings on the premises that are separated from the dwelling by a clear space or connected only by a fence, utility line, or similar connection. Not for commercial, manufacturing, or farming purposes.

HO5

Comprehensive form- owner occupant

HO6

Condo

DP Coverage A

Dwelling

HO Coverage A

Dwelling

HO Coverage A covers?

Dwelling and structures attached to the dwelling as well as materials and supplies for repair and construction of those structures if they are located on or next to the residence premises. With no coverage for renters.

DP Coverage D

Fair rental value

Basic Peril coverage

Fire, lightning, and internal explosion

DP Coverage E covers

Included in DP-2 and DP-3 and pays for additional living expenses that the insured incurs after a covered loss, including reasonable motel, dining, laundry, and transportation expenses.

DP Coverage C coverages

Insureds personal property that is at the described location and is usual to the dwelling occupancy. Personal property belonging to the insured's guests or servants may be covered at the insured's request. Rental property or tenants property is not covered.

HO Coverage D

Loss of use

HO Coverage F

Medical Payments to others

HO Coverage F covers

Medical expenses incurred within 3 years of an accident that causes BI. No fault 3 years

HO8

Modified form for special risks

Special peril coverage

Open peril

DP coverage B

Other (detached) structures

HO Coverage B

Other structures

HO Coverage B covers

Other structures on the residence premise that are separated by a clear space. This includes structures connected to the dwelling by only a fence, utility line, or similar connection. Property used for business purposes are excluded

HO Coverage E

Personal liability

DP coverage C

Personal property

HO Coverage C

Personal property

HO Coverage C covers

Personal property owned or used by an insured while the property is anywhere in the world. Can also cover guests property if requested by insured. Excluded include pets, autos, property of renters or boarders

HO4

Renters/ Tenants

DP -3

Special form

HO3

Special form - owner occupant

DP coverage A covers

The dwelling, structures attached to the dwelling, materials and supplies for use in the construction or repair of the dwelling, or other structures at the location

DP Coverage D covers

The insured in the event a covered loss makes the rental portion of the property unfit for normal use. 25% of the insurance on the dwelling is available for this coverage.

Basic perils extended coverages

WCSHAVVER Wind Civil commotion Smoke Hail Aircraft Vehicles Volcanic eruption Explosion Riot Theft V&MM vandalism Malicious mischief


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