Towed and Mobile Equipment. This coverage part covers loss or damage to the covered entity’s towed and mobile equipment resulting from a covered peril for the actual cash value reported to us. A covered entity’s towed and mobile equipment shall include equipment, spare and repair parts and accessories. Coverage is extended to include borrowed or rented or newly purchased equipment up to the lesser of $50,000 per loss or actual cash value. This coverage does not include:
Appears in 10 contracts
Samples: Housing Authorities Risk Retention, Affordable Housing Risk, Affordable Housing Risk
