Link: PROPERTY ELIGABLE GP AFM
Link: DEFINATION BUILDING A DP
BUILDING ADDITIONS AND EXTENSIONS:
Link: ADDITIONS AND EXTENSIONS EXPLAINED A ACM
Is covered to dispose of owned debris anywhere, but only to move the non-owned debris away from your building to affect repairs. The policy does not cover debris removal in your yard, except owned building and contents property.
Link: DEBRIS REMOVAL A DP
Most carriers will pay for damage to slabs and foundations caused by erosion under the slab or hydrostatic pressure, but usually only an epoxy repair unless slab is totally destroyed. Usually the slab in a basement is not a integral part of the foundation. Engineers are usually retained by the Insurance Co. if there is damage.
FOUNDATION DAMAGES A ACM
HYDROSTATIC PRESSURE A ACM
STRUCTURAL DAMAGE PE A ACM
PAIR AND SET:
If you had 10 chairs, and only one was damaged flood only owes to match the other 9 chairs as close as possible. If the lower cabinets were damaged flood does not pay for the upper cabinets, only to match as close as possible,
Link: PAIR AND SET EXCLUSION A ACM
CODE COMPLIANCE & ORDINANCE OF LAW
There is no coverage except for ICC “Increased Cost Of Compliance. See ICC
Link: ORDINANCE OF LAW DP
REPLACEMENT COST COVERAGE OR R/C:
The General Property policy provides no coverage for Replacement Cost for either building or contents. Claims are paid on an actual cash value basis or ACV. The exception is new stock.
Link: COVERAGE RECAP GP ACM
Link: DEFINATION ACV A ACM