Insurance-Dwelling Policies

Front

DWELLING POLICY

Back

home insured owns, but doesn't live there-rents it out-NO THEFT AND NO SECT II (liability)

Front

VALUATION OF CLAIMS-DP

Back

coverage A & B real property claims are replacement cost if coverage is 80% of RC-if have coverage c, personal property settled at ACV

Front

DP ENDORSEMENT-

DWELLING UNDER CONSTRUCTION

Back

limit of liability is a percentage of the policy limit based on the value of partially completed home (increases as construction progresses)

Front

DP ENDORSEMENT-
SPECIAL PROVISIONS MI

Back

required for ALL DP in MI. Changes "suit against us" to 2 years after loss (to sue insurer) and adds that insurer must pay a claim within 30 days of valid proof

Front

DP ENDORSEMENT-

AUTOMATIC INCREASE OF INSURANCE

Back

slowly increases limits of coverage with inflation-percentage listed in endorsement

Front

DP ENDORSEMENT-

BROAD THEFT COVERAGE

LIMITED THEFT

Back

(theft not covered for DP coverage C, personal property)-this adds theft as coverage for contents on and off premises IF DWELLING IS OWNER OCCUPIED

limited theft if not owner occupied and premises only)

Front

DP ENDORSEMENT-

PERSONAL LIABILITY SUPPLEMENT

Back

adds personal liability (COVERAGE L) and medical payments to others (COVERAGE M)

Front

DP ELIGIBILITY

Back

1. 1. non owner occupied

2. 2. owner occupied with business

3. 3. owner occupied with more than 2 roomers