• Homeowners Pollution Exclusion

    Homeowners Pollution Exclusion The ISO and AAIS Forms Summary: The first party property pollution exclusion found in the homeowners forms developed by Insurance Services Office (ISO) and by the American Association of Insurance Services (AAIS) has been broadened considerably in scope when...

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  • The Business Pursuits Exclusion—Archived Article

    The Business Pursuits Exclusion—Archived Article Homeowners Section II Exclusion Summary: The homeowners business pursuits liability exclusion, which also appears in the dwellings program personal liability supplement, excludes coverage for liability arising out of business activities of...

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  • Coverage for Backup of Sewers and Drains—Archived Article

    Coverage for Backup of Sewers and Drains—Archived Article Exclusion vs. Named Peril Summary: Standard homeowners forms, like most property forms in current use, exclude all loss “caused directly or indirectly by any of the following . . . water which backs up through sewers or drains or...

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  • Homeowners and Premises Liability—Archived Article 2

    Homeowners and Premises Liability—Archived Article 2 Standard of Care Owed Summary: “A man's home is his castle” goes the saying. However, today's castles are not surrounded by stone walls and moats. Does the unguarded condition of a homeowners premises leave the homeowner open to...

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  • Personal Lines Coverage Gaps - Archive

    Personal Lines Coverage Gaps - Archive Can They Be Filled? Summary: For most personal lines insureds, standard homeowners and auto policies provide sufficient coverage. There are situations, however, that qualify for special attention—coverage gaps that should be filled to maximize protection...

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  • Earth Movement Exclusion - Archive

    Earth Movement Exclusion - Archive Opposing Views: Any Movement vs. Natural and Catastrophic Summary : Property policies generally exclude earth movement as a cause of loss. What constitutes earth movement for purposes of the exclusion? There are two views that have been developed in the courts:...

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  • Replacement Cost Insurance - Archive

    Replacement Cost Insurance - Archive Actual Cash Value vs. Actual Cost Summary: These pages consider replacement cost coverage as a feature of the Insurance Services Office (ISO) broad and special homeowners and dwellings forms. Included are references to the 2000 homeowners endorsements, which...

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  • Intrafamily or Household Exclusions - Archive

    Intrafamily or Household Exclusions - Archive Exclusion May Be Valid or Invalid Depending Upon the Jurisdiction Summary: Various personal lines policies include a family or household exclusion that eliminates coverage for damages resulting from bodily injury to the insured's resident...

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  • Homeowners Form HO 00 08 - Archive

    Homeowners Form HO 00 08 - Archive Repair Cost or Actual Cash Value Summary: For many insureds the Insurance Services Office (ISO) HO 00 08 10 00 provides the best alternative to purchasing a replacement cost policy. Those insureds with ornate homes built earlier in the century, or those with...

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  • Resident Relatives - Archive

    Resident Relatives - Archive Coverage Is Dependent Upon Various Factors Summary: The issue of whether an individual is a resident relative of the named insured often plays a crucial role in determining whether coverage is afforded or denied. For the most, homeowners, dwellings, and personal...

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  • Dwelling Theft Coverage - Archive

    Dwelling Theft Coverage - Archive Endorsement to Dwelling Property Forms; Limited or Broad Coverage Summary: Theft coverage for personal property may be added by endorsement to any of the three dwelling property forms. Two theft endorsements—providing either limited or broad coverage—are...

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