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18 Cards in this Set
- Front
- Back
Insured |
Named insured; spouse; relative of either; any person under the age of 21 in their care |
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Dwelling |
The building described on the coverage page |
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Premises |
The land contained within the lot lines on which the dwelling is situated |
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Coverage A - Dwelling Building |
Dwelling and attached structures Permanently installed outdoor equipment Outdoor swimming pools and attached equipment Materials and supplies located on or adjacent to the premises |
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Coverage B - Detached Structures |
Detached garage/shed/greenhouse |
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Coverage C - Personal Property |
On Premises coverage: contents of the insured(s) dwelling. Off Premises coverage: Temporarily off premises, anywhere in the world. |
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Coverage D - Additional Living Expenses |
Costs "Over and Above" what it would normally have cost the insured to maintain their normal standard of living. |
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Fair Rental Value |
Rental income lost due to damage from an insured peril. |
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Moving to Another Home |
Coverage provided for up to 30 consecutive days, or the date of expiry, whichever comes first. |
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Freezer Food. Up to $2,000 for food contained in a freezer when loss is due to: |
Power Failure: except for operation of circuit breakers or fuses; accidental or intentional disconnection of the power supply.
Mechanical Breakdown. |
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Lock Replacement |
Up to $500 to replace or rekey the locks on insureds dwelling. Only available when keys have been stolen and reported to authorities. |
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Tear Out |
Coverage for the repair of walls, ceilings or other parts of insured buildings which must be torn apart before water damage from pipes or domestic appliances can be repaired. |
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Credit Cards |
Up to $1,000 coverage for amounts billed to the insured resulting from theft or unauthorized use. Cannot be residents of insureds household or persons to whom the card has been entrusted. |
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Replacement Cost |
Repair or replace the property with similar kind and quality |
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Actual Cash Value |
Replacement cost minus depreciation |
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Homeowners Basic Form (IBC 1151) |
Named Perils coverage. Perils Included: Fire, or lightening, explosion (of natural, coal or manufactured gas), smoke (except for smoke from a fireplace) |
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Homeowners Broad Form (IBC 1153) |
Coverage for dwelling and detached private structures is provided on an "all risks" basis. Named Perils coverage provided for personal property. |
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Homeowners Comprehensive Form (IBC 1155) |
Greatest advantage to purchasing this form include: All property owned by the insured is covered on an "all risks" basis; loss or damage caused to both the dwelling and personal property by smoke from a fireplace; collapse of roof from snow load. |