Additional Coverages definition

Additional Coverages. We will also provide these additional coverages up to the amounts stated below. These additional coverages do not increase the amount of insurance. BURGLARY: 100% of the amount of insurance coverage for loss by burglary or holdup. The term Burglary shall mean the act of stealing property by forcible entry into the storage space described in the Rental Agreement; however, this coverage only applies when such storage space is securely locked at the time of the forcible entry. The mere absence of a lock will not constitute forcible entry. DEBRIS REMOVAL: 20% of the amount of your insurance under the Master Policy to cover the necessary expense incurred in the removal of debris from the property insured following an insured loss. TRANSIT: 100% of the amount of your insurance under the Master Policy for loss by fire or by the collision or overturn of a motor vehicle or trailer upon which covered property is being transported while such property is in transit to or from the storage space, provided the property is within 100 miles of the described storage facility. EXTRA RENTAL SPACE: 20% of the amount of your insurance under the Master Policy to cover the extra expense necessarily incurred by you for the rental of substitute storage when occupancy of the described storage space is prevented as a result of loss or damage to storage facility building by a peril insured against in this policy.

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Additional Coverages has the meaning ascribed thereto in Section 13.2(1).

Additional Coverages has the meaning ascribed thereto in Section 13.2(1). “Adjusted for Inflation” means adjusted by the percentage increase, if any, or

Examples of Additional Coverages in a sentence

• Damage To Property Of Others under Section II – Additional Coverages.

• Damage To Property Of Others un- der Section II – Additional Coverages.

• We do not cover property damage to non- owned property occupied by, used by, or in the care of any insured or any other resident of any insured's household, except as provided in Additional Coverages, item 2.

• If your Plan Summary identifies any of the following Additional Coverages as a Covered Item, the coverage listed below applies.

• Amounts payable under these Additional Coverages and Additional Covered Causes of Loss are part of and not in addition to the Amount of Insurance, and are subject to a $100 deductible.

• In addition, the following Additional Coverages and Additional Covered Causes of Loss are provided and the most we will pay under these coverages are the limits or sublimits shown below, with more detailed descriptions shown in the Certificate of Insurance.

• Amounts payable under these Additional Coverages and Additional Covered Causes of Loss are part of and not in addition to the Amount of Insurance and are subject to a $100 deductible.

• In addition, the following Additional Coverages and Additional Covered Causes of Loss are provided and the most we will pay under these coverages are the limits or sub limits shown below, with more detailed descriptions shown in the Certificate of Insurance.

• The following Additional Coverages are subject to all the terms, provisions, exclusions, and conditions of this policy.

• Additional Coverages Limit Equals the Following Percentage of the Amount of Insurance Shown Above Burglary 100% Debris Removal 25% Transit 100% Extra rental Space 25% Additional Covered Causes of Loss Sublimits Flood $1,000 Rodent, Vermin, Moth or Insect Damage $500 Mold, Mildew, Fungus or Wet or Dry Rot $500 I acknowledge that I have elected to purchase insurance from Old Republic Insurance Company.

More Definitions of Additional Coverages

Additional Coverages. In addition to the basic coverage afforded under the contract, additional coverages are provided, the most important ones being: - Excess employers liability - Loss prevention expenses - Dismantling and assembly expenses - Products recall costs - Loss of use - Testing and sorting costs incurred in relation to product recall claims - Excess automobile liability - Legal protection in criminal proceedings (insured claims only) - Employee benefits liability - Personal and advertising injury liability

Additional Coverages has the meaning ascribed thereto in Section 13.2(l). “Additional Lands” means any lands required for a Modification.

Additional Coverages has the meaning ascribed thereto in Section 13.2(k). “Additional Development” has the meaning ascribed thereto in Section 5.4.

Additional Coverages. The builder's risk policy shall insure (i) the cost of preventive measures to reduce or prevent a loss (sue & ▇abor) in an amount not less than $25,000,000, (ii) inland transit with sub-limits sufficient to insure the largest single shipment to or from the Land from anywhere within the United States or Canada, (iii) attorney's fees, engineering and other consulting costs, and permit fees directly incurred in order to repair or replace damaged insured property in a minimum amount of $25,000,000, (iv) expediting expenses in an amount not less than $25,000,000, (v) off-site storage with sub-limits sufficient to insure the full replacement value of any property or equipment not stored on the Land and (vi) the removal of debris with a sub-limit not less than 25 percent of the loss amount or $5,000,000, whichever is greater.

Additional Coverages. We will also provide the following additional coverages up to the amounts stated below. These additional coverages do not increase the “amount of insurance”.

Additional Coverages. The builder’s risk policy shall insure (a) off-site coverage with sub-limits sufficient to insure the full replacement value of any equipment, supplies and materials not stored on the Site, (b) the removal of debris with a sublimit of not less than the lesser of twenty-five percent of the Minimum Coverage and $15,000,000 per occurrence, (c) inland transit coverage with sublimits to insure the largest single shipment to or from the Site from designated storage facilities, (d) project management costs including architects’ fees, engineering costs, permit application fees, and other necessary fees or costs directly incurred in order to replace damage to insured property and (e) pollution cleanup and removal with a sublimit not less than $1,500,000 per occurrence.