Loss Assessment. We will pay up to $1000 for your share of loss assessment charged during the policy period against you by a corporation or as- sociation of property owners, when the assess- ment is made as a result of:
Loss Assessment. We will pay up to $1000 for your share of loss assessment charged during the policy period against you by a corporation or asso- ciation of property owners, when the assessment is made as a result of direct loss to the property, owned by all members collectively, caused by a Peril Insured Against under COVERAGE A – DWELLING, other than earthquake or land shock waves or tremors before, during or after a volcanic eruption. This coverage applies only to loss assessments charged against you as owner or tenant of the "residence premises." We do not cover loss assessments charged against you or a corporation or association of property owners by any governmental body. The limit of $1000 is the most we will pay with re- spect to any one loss, regardless of the number of assessments.
Loss Assessment a. We will pay up to $1,000 for your share of loss assessment charged during the policy period against you, as owner or tenant of the "residence premises", by a corporation or association of property owners. The assess- ment must be made as a result of direct loss to property, owned by all members collec- tively, of the type that would be covered by this policy if owned by you, caused by a Per- il Insured Against under Coverage A, other than:
Loss Assessment. We pay: 1. We will pay up to $1,000 for your share of
Loss Assessment. We will pay the actual, reasonable and necessary cost, up to $2,500, for your share of any loss assessment charged against all members of an association of property owners if the assessment is made as a result of direct loss to the property collectively owned by all members, caused by an Insured Peril. We do not insure assessments for direct loss caused by earth move- ment. This coverage applies only to assess- ments made against you as the owner or tenant of your premises for losses that occur during the Policy Period. We will pay no more than $2,500 with respect to any one loss, regardless of the number of assessments. No deductible will apply.
Loss Assessment a. We will pay up to $1,000 for your share of loss assessment charged during the policy period against you, as owner or tenant of the "residence premises", by a corporation or association of property owners. The assessment must be made as a result of direct loss to property, owned by all members collectively, of the type that would be covered by this policy if owned by you, caused by a Peril Insured Against under Coverage A. The limit of $1,000 is the most we will pay with respect to any one loss, regardless of the number of assessments. We will only apply one deductible, per unit, to the total amount of any one loss to the property de- scribed above, regardless of the number of assessments.
Loss Assessment. We will pay up to $1,000 for your share of loss assessment charged during the policy period against you by a corporation or association of property owners, when the assessment is made as a result of a direct loss to the property, owned by all members collectively, of the type that would be covered by this policy if owned by you, caused by a PERIL INSURED AGAINST under Coverage A – Dwelling, other than earthquake or land shock waves or tremors before, during or after a volcanic eruption. This coverage applies only to loss assessments charged against you as owner or tenant of the “residence premises.” We do not cover loss assessments charged against you or a corporation or association of property owners by any governmental body. The limit of $1,000 is the most we will pay with respect to any one loss, regardless of the number of assessments. No deductible applies to this coverage. Condition 1. Policy Period, under Sections I and II Conditions, does not apply to this coverage.
Loss Assessment. If an insurance sales agent whose pay is partly commission based participates in a loss assessment on the basis of a separate assignment by the Company, he/she shall be paid a remuneration to be agreed locally.
Loss Assessment. We will pay up to $10,000 for your share of any loss assessment charged during the policy period against you by a corporation or association of property owners. This only applies when the assessment is made as a result of each direct loss to the property, owned by all members collectively, caused by a Peril Insured Against under Coverage A - Dwelling, other than earthquake or land shock waves or tremors before, during or after a volcanic eruption. This coverage applies only to loss assessments charged against you as owner or tenant of the residence premises. The limit of $10,000 is the most that we will pay with respect to any one “occurrence”, regardless of the number of assessments. We do not cover loss assessments charged against you or a corporation or association of property owners by any governmental body.
Loss Assessment. Sample Copy
