Coverage I - Loss Assessment Flashcards

1
Q

What is Coverage I?

A

Loss assessment for condominium

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2
Q

What does Coverage I included?

A

250% of Coverage A1 (Condo Lawsuit)
Condominium governing rules
Occurrences to which Coverage E applies

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3
Q

What are the special limits for Watercraft and Motorized Vehicle?

A

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

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4
Q

What is the liability coverage of a New watercraft and motorized vehicle?

A

Insured automatically for a period of 30 days from the date you acquire the New watercraft and motorized vehicle

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5
Q

What is not coverage of a New watercraft and motorized vehicle?

A

Carrying passengers for compensation
Business purposes
Race or speed test
Renting to others
Operation without consent

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