Coverage I - Loss Assessment Flashcards
What is Coverage I?
Loss assessment for condominium
What does Coverage I included?
250% of Coverage A1 (Condo Lawsuit)
Condominium governing rules
Occurrences to which Coverage E applies
What are the special limits for Watercraft and Motorized Vehicle?
Your insured against
Outboard motor max 16HP
Other type of motor max 50 HP
Non-motorized max 26ft
Lawn mowers, snow blowers, garden type tractors max 25HP
Motorized golf carts only on golf course
Motorized Wheelchairs
What is the liability coverage of a New watercraft and motorized vehicle?
Insured automatically for a period of 30 days from the date you acquire the New watercraft and motorized vehicle
What is not coverage of a New watercraft and motorized vehicle?
Carrying passengers for compensation
Business purposes
Race or speed test
Renting to others
Operation without consent