Common use of Our Option Clause in Contracts

Our Option. We may repair or replace any part of the property damaged or stolen with similar property. Any property we pay for or replace becomes our property.

Appears in 8 contracts

Sources: Homeowners Insurance Policy, Condominium Unitowners Policy, Condominium Unitowners Policy

Our Option. We may repair or replace any part of the property damaged or stolen with similar property. Any property we pay for or replace becomes our property.property.‌

Appears in 1 contract

Sources: Renters Policy