Common use of Catastrophic Ground Cover Collapse Clause in Contracts

Catastrophic Ground Cover Collapse. a. We insure for direct physical loss to property covered under Coverage C located within the “principal building” resulting from a “catastrophic ground cover collapse,” unless the loss is excluded elsewhere in this policy. b. Damage consisting merely of the settling or cracking of a foundation, structure or building does not constitute a loss resulting from a “catastrophic ground cover collapse.” c. Direct physical loss to property covered under Coverage C from the peril of “catastrophic ground cover collapse” does not apply to the costs to repair the depression or hole, or to stabilize the land on the insured premises. This peril does not increase the limit of liability that applies to the damaged property. The Section I – Earth Movement and Settlement exclusion 1.b. does not apply to “catastrophic ground cover collapse.” The Section I – Loss caused by “sinkhole” exclusion 1.i. does not apply to “catastrophic ground cover collapse.”

Appears in 1 contract

Samples: Homeowners Insurance Policy

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Catastrophic Ground Cover Collapse. a. We insure for direct physical loss to property covered under Coverage C located within the “principal building” resulting from a under Coverage A caused by the peril of “catastrophic ground cover collapse,.unless the loss is excluded elsewhere in this policy. b. Damage consisting merely of the settling or cracking of a foundation, structure or building does not constitute a loss resulting from a “catastrophic ground cover collapse.” c. b. Direct physical loss to property covered under Coverage C from the peril of “catastrophic ground cover collapse” does not apply to the costs to repair the depression or hole, or to stabilize the land on the insured premises. If we at our option repair the “principal building” under Coverage A for direct physical loss resulting from the peril of “catastrophic ground cover collapse,” we will stabilize the “principal building’s” land in accordance with our professional engineer’s recommended repairs. This peril does not increase the limit of liability that applies to the damaged property. This peril does not apply to property covered under Coverage B – Other Structures. The Section I – Earth Movement and Settlement exclusion 1.b. does not apply to “catastrophic ground cover collapse.” The Section I – Loss caused by “sinkhole” exclusion 1.iexclusion 1. i. does not apply to “catastrophic ground cover collapse.”

Appears in 1 contract

Samples: Homeowners Insurance Policy

Catastrophic Ground Cover Collapse. a. We insure for direct physical loss to property covered under Coverage C located within the “principal building” resulting from a “catastrophic cata- strophic ground cover collapse,” unless the loss is excluded elsewhere in this policy. b. Damage consisting merely of the settling or cracking of a foundation, structure or building does not constitute a loss resulting from a “catastrophic ground cover collapse.” c. Direct physical loss to property covered under Coverage C from the peril of “catastrophic ground cover collapse” does not apply to the costs to repair the depression or hole, or to stabilize the land on the insured premises. This peril does not increase the limit of liability that applies to the damaged property. The Section SECTION I – Earth Movement and Settlement Settle- ment exclusion 1.b. does not apply to “catastrophic cata- strophic ground cover collapse.” The Section SECTION I – Loss caused by “sinkhole” exclusion ex- clusion 1.i. does not apply to “catastrophic ground cover collapse.”

Appears in 1 contract

Samples: Homeowners Insurance Policy

Catastrophic Ground Cover Collapse. a. We insure for direct physical loss to property covered under Coverage C located within the “principal building” covered under Coverage A caused by the peril of “catastrophic ground cover collapse.” b. Coverage C applies if there is a direct physical loss resulting from a “catastrophic ground cover collapse,” ”, unless the loss is excluded elsewhere in this policy. b. c. Damage consisting merely of the settling or cracking of a foundation, structure or building does not constitute a loss resulting from a “catastrophic ground cover collapse.” c. d. Direct physical loss to property covered under Coverage C from the peril of “catastrophic ground cover collapse” does not apply to the costs to repair the depression or hole, or to stabilize the land on the insured premisesDescribed Location. If we at our option repair the “principal building” under Coverage A for direct physical loss resulting from the peril of “catastrophic ground cover collapse, “ we will stabilize the principal building’s” land in accordance with our professional engineers recommended repairs. This peril coverage does not increase the limit of liability that applies to the damaged property. This peril does not apply to property covered under Coverage B – Other Structures. The Section I – GENERAL EXCLUSION Earth Movement and Settlement exclusion 1.bA.2. does not apply to “catastrophic ground cover collapse.” The Section I – GENERAL EXCLUSION Loss caused by “sinkhole” exclusion 1.iXxxxxxxx A.9. does not apply to “catastrophic ground cover collapse.” When a Premium for Vandalism or Malicious Mischief is shown in the Declarations, the following is made part of PERILS INSURED AGAINST.

Appears in 1 contract

Samples: Dwelling Property Insurance Agreement

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Catastrophic Ground Cover Collapse. a. We insure for direct physical loss to property covered under Coverage C located within the “principal building” resulting from a “catastrophic ground cover collapse,” unless the loss is excluded elsewhere in this policy. b. Damage consisting merely of merelyof the settling or cracking of a foundation, structure or building does not constitute a loss resulting from a “catastrophic ground cover collapse.” c. Direct physical loss to property covered under Coverage C from the peril of “catastrophic ground cover collapse” does not apply to the costs to repair the depression or hole, or to stabilize the land on the insured premisesDescribed Location. This peril does not increase the limit of liability that applies to the damaged property. The Section I – GENERAL EXCLUSION Earth Movement and And Settlement exclusion 1.b. does not apply to “catastrophic ground cover collapse.” The Section I – GENERAL EXCLUSION Loss caused by “sinkhole” exclusion 1.i. does not apply to “catastrophic ground cover collapse.” Under Perils Insured Against, a plumbing system included a septic system.

Appears in 1 contract

Samples: Insurance Agreement

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