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Q

Our insured has a retail store but occasionally will display some of the business personal property at a fair or exhibit. Coverage is provided on Businessowners Special Property Coverage Form, BP 00 02 12 92 . How would the coverage extensions of personal property at newly acquired premises and personal property off-premises apply to the insured’s property? Does it make any difference whether or not the insured signs a written agreement or lease to display at the fair or exhibit? Would “acquired premises” include leased real property in addition to owned real property?

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