Sentences with phrase «named peril policy as»

This type of coverage is more expensive than named peril policy as it provides protection from many types of risks.

Not exact matches

Generally speaking, your policy covers theft and other perils that are named in the policy such as fire, vandalism, and often windstorm.

Your policy also protects your personal property against the perils named in the policy, such as fire, theft, and vandalism.

These are common perils, but there are others named in the policy as well, for which the contents of your apartment might be covered.

The things that you own are covered against common perils named in the policy such as fire, theft, and vandalism.

If your personal property suffers a loss from any of the named perils described in the policy, such as fire, theft, vandalism, smoke, or any of the others, you file a claim and get paid the amount of money you need to go replace the item with a new one of like kind and quality.

A condo insurance policy's dwelling and property coverage generally covers a defined list of «named perils,» or hazards, such as fire, hail, theft and vandalism.

Renters insurance in Orlando protects you personal property against perils named in the policy such as fire, theft, vandalism, and even wind on most policies in Orlando.

Your renters insurance policy covers certain named perils such as fire, smoke, and certain kinds of water damage.

Some policies, such as an HO - 2, only cover «named perils» — those that are specifically stated in the policy.

If you have the «Enhanced Home Package» on your renters insurance the perils named in the policy, such as fire, are replaced with verbiage along the lines of «We insure against risk of direct physical loss».

Your renters insurance covers you for a loss caused by a peril named in the policy (or in an endorsement), but you have duties as well under the policy.

A named perils clause requires the actual cause of loss to be listed in the policy, such as fire, lightning, explosion, and theft.

Homeowner's insurance policies are basically written as All - Risk (or Open Peril) or Named Perils.

Renters insurance in Orlando protects you personal property against perils named in the policy such as fire, theft, vandalism, and even wind on most policies in Orlando.

Again, standard homeowners or renters insurance covers loss due to perils named in your policy, such as theft or fire.

In most instances peril covered by a policy that is issued by an American insurance company will be specifically named on your insurance contract, this is known as a named peril.

«Perils» (such as fire, explosion, lightning, windstorm and hail) that are specifically named in your policy are covered, subject to policy exclusions and conditions.

A business owner may choose a named - peril policy if his business is located in an area that is frequently hit by natural disasters such as hurricanes.

If you drive your bicycle into a tree, for example, and your policy is specified perils or named perils, as we discussed above, then the damage to the bicycle may not be covered.

In insurance jargon, «named peril» simply means that if a risk is not specifically mentioned in an insurance policy's fine print (usually as a «covered reason»), it isn't covered.

The base policy which covers specified perils will cover you for theft and fire, as well as some other named perils.

What it does cover is your liability for property damage and bodily injury, as well as losses to your personal property from perils named in the policy.

Additionally, if you have a named - peril type of policy, you will need to specifically list tornadoes as a covered event.

This means we can cover «perils» (such as fire, explosion, lightning, windstorm and hail) that are specifically named in your policy, subject to policy exclusions and conditions.

Named perils content insurance is also less expensive than open perils policy because named perils only covers you for the specified risks on the policy such as fire, smoke, lightning, vandalism, theft and other items listed on your poNamed perils content insurance is also less expensive than open perils policy because named perils only covers you for the specified risks on the policy such as fire, smoke, lightning, vandalism, theft and other items listed on your ponamed perils only covers you for the specified risks on the policy such as fire, smoke, lightning, vandalism, theft and other items listed on your policy.

If your personal property suffers a loss from any of the named perils described in the policy, such as fire, theft, vandalism, smoke, or any of the others, you file a claim and get paid the amount of money you need to go replace the item with a new one of like kind and quality.

The value of your belongings may only be protected under specific circumstances, as listed in a named perils policy.

Most perils that are not included in the named perils policies, like flooding, hurricanes or earthquakes, can be purchased as additional policies or riders.

Generally speaking, your policy covers theft and other perils that are named in the policy such as fire, vandalism, and often windstorm.

When you have a policy, you know that you're covered for losses to personal property from named perils, as well as for liability losses.

The Condo Association's Master Policy usually covers the building structure and common areas, but your HO - 6 coverage is what protects your personal belongings from named perils such as fire, storms, lightning, explosion, wind damage and theft.

Broad insurance covers perils named in a policy while «all risks» or comprehensive insurance provides coverage for most perils except named exclusions such as flood, earthquakes, and deterioration.

These events are known as «named perils» in your policy, and they include: fire, theft, vandalism, falling objects, terroristic acts, lightning damage, hail damage, and electrical surge.

A renter's insurance policy covers your contents while living in a rented property against losses caused by a list of specifically named perils such as fire, theft, hurricanes or other natural disasters.

A homeowners policy may help protect your watercraft and related equipment such as furnishings and trailers (typically up to $ 1,000 if the loss is caused by a named peril, such as theft), but if you have a boat insurance policy that includes coverage for both your boat and the boat trailer, that would come into play first.

Under some all - perils renters insurance policies, roommates can share insurance by both being listed as named insureds on the policy.

Your policy also protects your personal property against the perils named in the policy, such as fire, theft, and vandalism.

A number of other perils are named in the policy as being covered, as well.

Roy renters insurance policies are categorized as either named peril policies or open peril policies.

As the name suggests, open peril policies cover claims caused by any sort of disaster, and they are very expensive.

These are common perils, but there are others named in the policy as well, for which the contents of your apartment might be covered.

Most home, condo and renters insurance policies include coverage against tornadoes, but if you have a named peril policy and have not specifically included tornadoes as a covered hazard, you will not have coverage.

Some of the «named perils» that you will typically find in Oakland renters insurance policies are as follows:

Your renters insurance covers you for a loss caused by a peril named in the policy (or in an endorsement), but you have duties as well under the policy.

If you have the «Enhanced Home Package» on your renters insurance the perils named in the policy, such as fire, are replaced with verbiage along the lines of «We insure against risk of direct physical loss».

Most insurance companies include this coverage as part of their standard coverage package, but some may require you to purchase a separate tornado insurance rider, or, if you have a named - peril policy, to specifically list tornadoes as a covered event.

Mitchell Street renters insurance policies are classified as either open - peril or named - peril.