PERILS INSURED AGAINST: Fire, Lightning, Explosion, Extended Coverage
(Windstorm, Hail, Riot, Riot Attending a Strike, Civil Commotion, Aircraft,
Vehicles and Smoke) ,Vandalism and
Malicious Mischief, Sprinkler Leakage, Time Element (Business Income for Mercantile and
Non-Manufacturing Properties, Manufacturing and Mining, Rental Properties, Educational
Institutions, Extra Expense, and Leasehold Interest).
INSURANCE SERVICES OFFICE FORM: CP 00 99 (STANDARD PROPERTY POLICY)
| STANDARD DEDUCTIBLE: |
$500 |
| OPTIONAL DEDUCTIBLES: |
$250, $1,000, $2,500, $5,000, $10,000,
$25,000, $50,000, $75,000 |
| ELIGIBILITY: |
APARTMENTS WITH 5 OR MORE UNITS,
COMMERCIAL BUILDINGS AND CONTENTS THEREIN |
| MINIMUM LIMITS: |
NONE |
| MAXIMUM LIMITS: |
|
|
COVERAGE TYPE
___________
|
CONSTRUCTION
________________ |
OCCUPIED
___________ |
SUBJECT TO LOSS CONTROL
_____________
|
VACANT OR
UNOCCUPIED
_____________
|
BUILDING &
TIME ELEMENT-
RENTAL PROPERTIES |
FIRE RESISTIVE
MASONRY
FRAME |
$1,200,000
750,000
600,000 |
$1,500,000
1,200,000
N/A |
$500,000
300,000
100,000 |
CONTENTS &
ALL OTHER
TIME ELEMENT |
FIRE RESISTIVE
MASONRY
FRAME |
300,000
250,000
250,000 |
625,000
500,000
N/A |
N/A
N/A
N/A |
NOTE:
THE TOTAL OF FIRE AND TIME ELEMENT COVERAGE AMOUNTS ARE COMBINED WHEN COMPUTING MAXIMUM LIMITS.
| MINIMUM PREMIUM: |
$100.00 |
| LOSS VALUATION METHOD: |
ACTUAL CASH VALUE |
| DEPOSIT REQUIREMENTS: |
$150.00 FOR EACH $50,000 OF COVERAGE REQUESTED OR FRACTION THEREOF |
| RATING FORMULA: |
LOSS COSTS PUBLISHED BY THE INSURANCE SERVICES OFFICE (X) NYPIUA LOSS COST
MULTIPLIER (X) 0.98 (X) NYPIUA ADJUSTMENT FACTOR (X) AMOUNT OF INSURANCE (PER
100) |
| LOSS COST MULTIPLIER: |
Effective 02/01/06 New Business
Effective 04/01/06 Renewal
|
| FIRE: |
1.846 |
| ALL OTHER LINES:
|
1.812 |
|
NYPIUA ADJUSTMENT FACTOR:
| CONTENTS OF RETAIL TYPE STORES LOCATED IN STORE-TYPE PREMISES, OPERATING IN A SINGLE
LOCATION AND OWNED AND OPERATED BY PERSONS RELATED BY BLOOD OR AFFINITY |
1.2 |
| REAL PROPERTY OF ELEEMOSYNARY (CREATED FOR CHARITABLE OR BENEVOLENT PURPOSES)
INSTITUTIONS USED EXCLUSIVELY FOR ELEEMOSYNARY PURPOSES AND THE FURNISHINGS AND PERSONAL
PROPERTY CONTAINED THEREIN |
1.2 |
| APARTMENTS OR APARTMENT/MERCANTILE WITH 5 THROUGH 8 UNITS |
1.3 |
| APARTMENTS OR APARTMENT/MERCANTILE WITH MORE THAN EIGHT DWELLING UNITS |
1.4 |
| ALL OTHERS |
1.3 |
|
