Common use of Loss Assessment Clause in Contracts

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.

Appears in 6 contracts

Samples: Agreement, www.maine.gov, www1.maine.gov

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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 as- sociation of property owners, when the assessment assess- ment is made as a result of direct loss to the propertyprop- erty, 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.

Appears in 4 contracts

Samples: Agreement, Agreement, Agreement

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 association 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 respect to any one loss, regardless of the number of assessments.

Appears in 4 contracts

Samples: Agreement, Agreement, Agreement

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 as- sociation of property owners, when the assessment assess- ment 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 earth- quake 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.

Appears in 4 contracts

Samples: secure.uticanational.com, Agreement, soi.policyport.com

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 as- sociation of property owners, when the assessment assess- ment is made as a result of direct loss to the property, owned by all members collectively, caused by a Peril Insured Against under COVERAGE COVER- AGE A – DWELLING, other than earthquake or land shock waves or tremors before, during or after af- ter 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.

Appears in 4 contracts

Samples: Agreement, Agreement, Agreement

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 association 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 – DWELLINGC - PERSONAL PROPERTY, 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 respect to any one loss, regardless of the number of assessments. Condition 1. Policy Period, under SECTIONS I AND II - CONDITIONS, does not apply to this coverage.

Appears in 3 contracts

Samples: www1.maine.gov, docs.nv.gov, insurance.mo.gov

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 association 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 respect to any one loss, regardless of the number of assessments. Condition 1. Policy Period, under SECTIONS I and II CONDITIONS, does not apply to this coverage.

Appears in 3 contracts

Samples: insurance.mo.gov, docs.nv.gov, www.maine.gov

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 association 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 respect to any one loss, regardless of the number of assessments. Condition 1. Policy Period, under SECTIONS I AND II CONDITIONS, does not apply to this coverage.

Appears in 2 contracts

Samples: docs.nv.gov, insurance.mo.gov

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 as- sociation of property owners, when the assessment assess- ment 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 COVER- AGE C DWELLINGPERSONAL PROPERTY, other than earthquake or land shock waves or tremors beforebe- fore, 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.

Appears in 2 contracts

Samples: doi.nv.gov, mullerinsurance.com

Loss Assessment. We will pay up to $1000 for your share of loss assessment charged during the policy period pe- riod against you by a corporation or asso- ciation association of property prop- erty owners, when the assessment is made as a result of direct loss to the property, owned by all members collectivelycollec- tively, 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 premisesprem- ises." 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 respect to any one loss, regardless of the number of assessments.

Appears in 2 contracts

Samples: www.aiicfl.com, www.aiicfl.com

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 as- sociation of property owners, when the assessment assess- ment is made as a result of direct loss to the propertyprop- erty, owned by all members collectively, caused by a Peril Insured Against under COVERAGE A C DWELLINGPERSONAL PROPERTY, 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.

Appears in 2 contracts

Samples: Agreement, www.maine.gov

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 association of property owners, when the assessment assess- ment 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 earth- quake 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.

Appears in 2 contracts

Samples: www.myavatarinsurance.com, www.avatarins.com

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 C DWELLINGPERSONAL PROPERTY, 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.

Appears in 1 contract

Samples: www1.maine.gov

Loss Assessment. We will pay up to $1000 1,000 for your share of loss assessment charged during the policy period against you by a corporation or asso- ciation 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 Coverage A – DWELLINGDwelling, 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 1,000 is the most we will pay with re- spect respect to any one loss, regardless of the number of assessments.

Appears in 1 contract

Samples: heritagepci.net

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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 as- sociation of property owners, when the assessment assess- ment 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 earth- quake or land shock waves or tremors before, during dur- ing 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.

Appears in 1 contract

Samples: Agreement

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 as- sociation of property owners, when the assessment assess- ment is made as a result of direct loss to the propertyprop- erty, owned by all members collectively, caused by a Peril Insured Against under COVERAGE A – DWELLINGC - PERSONAL PROPERTY, 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.

Appears in 1 contract

Samples: chaseins.com

Loss Assessment. We will pay up to $1000 for your share of any loss assessment charged during the policy period against you by a corporation or asso- ciation 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 Coverage A – DWELLING- Dwelling, other than earthquake or land lank 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 charges 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.

Appears in 1 contract

Samples: Agreement

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 association 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 Coverage A – DWELLING• 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 respect to any one loss, regardless of the number of assessments.

Appears in 1 contract

Samples: Agreement

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 as- sociation of property owners, when the assessment assess- ment is made as a result of direct loss to the propertyprop- erty, 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. Condition 1. Policy Period, under SECTIONS I and II CONDITIONS, does not apply to this coverage.

Appears in 1 contract

Samples: Agreement

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 association 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 respect to any one loss, regardless of the number of assessments.

Appears in 1 contract

Samples: agents.securityfirstmanagers.com:443

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 as- sociation of property owners, when the assessment assess- ment is made as a result of direct loss to the propertyprop- erty, 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. Condition 1. Policy Period, under SECTIONS I AND II CONDITIONS, does not apply to this cov- erage.

Appears in 1 contract

Samples: Agreement

Loss Assessment. We will pay up to $1000 for your share of any loss assessment charged during the policy period against you by a corporation or asso- ciation 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 un- der Coverage A – DWELLINGDwelling, 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.

Appears in 1 contract

Samples: Agreement

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