Term
| Coverage for Peril 1: Fire or Lightning |
|
Definition
| Includes damage to electrical devices from a natural source. |
|
|
Term
| Homeowner's Form Coverage for Peril 2: Explosion |
|
Definition
Coverage is extremely broad, insuring explosions of hot water heaters and domestic boilers used for heating purposes.
** Damage from water hammer excluded. |
|
|
Term
| Homeowner's Form Coverage for Peril 3: Smoke |
|
Definition
Insurer will pay all claims for smoke damage due to the sudden, unusual and faulty operation of any heating or cooking unit on the premises.
** Smoke damage from the escape of smoke from a fireplace is specifically excluded. |
|
|
Term
| Homeowner's Form Coverage for Peril 4: Falling Object |
|
Definition
| Coverage is provided only if the object causing the damage first strikes the exterior of the building. |
|
|
Term
| Homeowner's Form Coverage for Peril 5: Impact by Air or Land Vehicle |
|
Definition
| Excludes damage caused by Insureds (or their employees) and injury or death to pets owned by them. |
|
|
Term
| Homeowner's Form Coverage for Peril 6: Riot |
|
Definition
| No coverage exclusions apply. |
|
|
Term
| Homeowner's Form Coverage for Peril 7: Vandalism or Malicious Acts |
|
Definition
| Excludes loss caused while a building is under construction or vacant even if permission is given by the Insurer. |
|
|
Term
| Homeowner's Form Coverage for Peril 8: Water Damage |
|
Definition
| Excludes loss occuring during the usual heating season when inhabitants are absent for more than a specified number of days. |
|
|
Term
| Homeowner's Form Coverage for Peril 9: Windstorm or Hail |
|
Definition
| Excludes loss or damage to TV antennae or satellite dishes. |
|
|
Term
| Howeowner's Form Coverage for Peril 10: Glass Breakage |
|
Definition
| Personal property items such as vases, lamps and glass ornaments are not covered by this peril. |
|
|
Term
| Homeowner's Form Coverage for Peril 11: Transportation |
|
Definition
| Excludes loss to watercraft or personal property in a vacation trailer owned by the Insured. |
|
|
Term
| Homeowner's Form Coverage for Peril 12: Theft |
|
Definition
| Excludes coverage when loss caused by a tenant , employee or member of the tenant's household. |
|
|
Term
| Homeowner's Form Coverage for Peril 13: Electricity |
|
Definition
| Covers losses caused by power surges and brown outs. |
|
|
