Sinkhole loss definition

Sinkhole loss means “Structural damage” to the “principal building” including the foundation caused by “sinkhole activity.”

Sinkhole loss means “structural damage” to the “principal building” including the foundation caused by “sinkhole activity.”

Sinkhole loss means structural damage to the covered building, including the foundation, caused by sinkhole activity. Contents coverage and additional living expenses apply only if there is structural damage to the covered building caused by sinkhole activity.

Examples of Sinkhole loss in a sentence

• As a precondition to accepting payment for Sinkhole loss, the Insured must file with the county clerk of court, a copy of any Sinkhole report regarding the property which was prepared on behalf or at the Insured’s request.

• Any risk in which the insured location, including the residence premises, other structures, and grounds to be insured has ever experienced a Sinkhole loss or Catastrophic Ground Cover Collapse loss, and the loss payments made by any insurer equals the policy limits for property damage provided under Coverage A.Exception: The property to be insured has been fully remediated in accordance with the insurer’s professional engineer’s recommended repairs upon which any payment or policy proceeds were based.

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More Definitions of Sinkhole loss

Sinkhole loss means loss or damage to Covered Property when "structural damage" to the covered Building, including the foundation, is caused by settlement or systematic weakening of the earth supporting the covered Building, only if the settlement or systematic weakening results from contemporaneous movement or raveling of soils, sediments, or rock materials into subterranean voids created by the effect of water on a limestone or similar rock formation.Coverage for Sinkhole Loss includes stabilization of the Building (including land stabilization) and repair to the foundation, provided such work is in accordance with the requirements of Florida Insurance Law and in accordance with the recommendation of a professional engineer and with notice to the Insured. The professional engineer must be selected or approved by the Companies. However, until the Insured enters into a contract for performance of building stabilization or foundation repair in accordance with the recommendations of the professional engineer as set forth in a report from the Companies:

Sinkhole loss means loss or damage to Covered Property when structural damage to the covered building, including the foundation, is caused by settlement or systematic weakening of the earth supporting the covered building, only if the settlement or systematic weakening results from contemporaneous movement or raveling of soils, sediments, or rock materials into subterranean voids created by the effect of water on a limestone or similar rock formation.

Sinkhole loss means actual physical damage to the property covered arising out of or caused by sudden settlement or collapse of the earth supporting such property only when such settlement or collapse results from subterranean voids created by the action of water on a limestone or similar rock formation.18

Sinkhole loss means structural damage to a covered building caused by sinkhole activity; and

Sinkhole loss means loss or damage to Covered Property when structural damage to the covered building or structure, including the foundation, is caused by settlement or systematic weakening of the earth supporting the covered building, only if the settlement or systematic weakening results from contemporaneous movement or raveling of soils, sediments or rock materials into subterranean voids created by the effect of water on limestone, dolomite, or similar rock formations ORDINANCE OR LAW COVERAGE AND SUBLIMITS SCHEDULE* Building No./ Premises No. It is hereby understood and agreed that the following coverage is provided by this policy:

Sinkhole loss means actual physical damage to a building, or property within, arising out of, or caused by sudden settlement or collapse of the earth supporting such building and only when such sudden settlement or collapse results directly from subterranean voids created by the action of water on limestone or similar rock formation. Contents coverage shall apply only if there is structural damage to the building caused by sinkhole activity.

Sinkhole loss means “structural dam- age” to the covered building, including the foundation, caused by “sinkhole activ- ity.” Contents coverage and additional living expenses apply only if there is “structural damage” to the covered build- ing caused by “sinkhole activity.”