NYPIUA OFFERS THE FOLLOWING COVERAGES/CAUSES OF LOSS:
- Fire Insurance, Lightning and Explosion
- Extended Coverage - Windstorm, Hail, Riot, Riot attending a strike,
Civil Commotion, Damage due to Aircraft, Damage due to vehicles, and
Smoke
- Vandalism & Malicious Mischief (Not available for vacant or
unoccupied buildings)
- Broad Form Perils - Property damage by burglars (not theft of property), falling objects, weight of ice, snow or sleet, accidental discharge of water or steam, sudden cracking of a steam or hot water heating system, freezing, sudden damage from artificial electrical currents.
- Additional Living Expense
- Rental Value
REMEMBER:
- BOTH Producer and Insured must sign the e-dwelling application.
- Enter proper deposit using a checking account.
- Answer all questions completely.
- Give complete description of property and address.
DEPOSIT SCHEDULE:
Determine the deposit premium as per the following schedule:
Personal Property .............$50.00
1-4 Family Private Dwellings ......$75.00 for each $50,000 of coverage or any fraction thereof.
No additional deposit is required for Extended Coverage, Vandalism &
Malicious Mischief, Broad Form Perils, Additional Living Expense, or Rental Value.
Calculate deposits separately for building and Personal
Property.
( Click here to Calculate Deposit Amount)
(THE PREMIUM ACCEPTED WITH THIS
APPLICATION IS FOR DEPOSIT PURPOSES ONLY. ACCEPTANCE OF A DEPOSIT IS NOT
AN AGREEMENT TO INSURE. IF COVERAGE IS DECLINED, THE DEPOSIT WILL
BE RETURNED.)
BINDING DATES:
- 12:01 AM standard time, on the day after receipt, unless a later date is
specified.
- 12:01 AM standard time, 17 days after receipt on risks previously
cancelled by the Association.
The following buildings are not eligible for broad form coverage:
- Vacant or Unoccupied Buildings.
- Substantially Vacant Buildings.
- Buildings described as in the course of Repair or Reconstruction.
- Buildings in the Course of Construction.
- Buildings or contents therein which have been subject to two (2) or more Broad Form Peril Losses within
a three (3) year period when such losses are due to conditions which
are within the control of the applicant.
- Building with deteriorated plumbing systems.
- Mobile Homes.
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