Sentences with phrase «special endorsement on a policy»

Replacement cost is often a special endorsement on a policy, as actual cash value more often than not is the default offering on a standard renters insurance plan.

Not exact matches

It will also touch on some special deductibles within policies for endorsements, floaters and specific perils such as hurricanes.

What that limit is depends on your policy, but for very valuable, high - priced items (like a very expensive engagement ring), you will need to purchase a special endorsement for their official appraised value in order to ensure that you a fully reimbursed.

Complete coverage advice is provided on a broad range of liability policy wordings and endorsements, including comprehensive general liability policy wordings and special policy wordings intended to provide coverage for all forms of general casualty and special risk lines of business.

Events occurring under these types can only be covered under your renters property insurance if you have special coverage for them either as an endorsement on your coverage or in a separate policy altogether.

Common types of endorsements add coverage for special events, name additional parties to the policy or restrict coverage based on specific criteria.

Reducing your home insurance dwelling value does not impact the liability coverage on your home policy, riders or special endorsements, or the special limits within the policy.

For a covered policy holder to have coverage on a part like that, they usually have to add a special endorsement at significant additional cost.