Earthquake and Flood Coverage Clause Samples
The Earthquake and Flood Coverage clause defines the insurance protection provided for damages or losses resulting from earthquakes and floods. This clause specifies whether such natural disasters are included in the standard policy or require additional endorsements, and may outline any limits, deductibles, or exclusions that apply to these events. Its core function is to clarify the extent of coverage for these high-risk perils, ensuring both parties understand their responsibilities and the scope of protection in the event of significant natural disasters.
Earthquake and Flood Coverage. The District may require the Contractor to include coverage for “earthquake(s)” and/or “flood” and Contractor shall provide the price for those additional coverages for the District’s consideration prior to including or charging the District for those coverages.
Earthquake and Flood Coverage. The foregoing provisions of this Section 8.4 shall not be deemed or construed to require that the Builder's All‐Risk Policy include earthquake and flood insurance coverage. However, the District may require that the Contractor obtain an endorsement to the Builder's All‐Risk Policy to provide earthquake and/or flood insurance for the Project, in which event the District shall be responsible for the cost of the endorsement.
Earthquake and Flood Coverage. The District requires the Contractor to include coverage for “flood” and earthquake(s)” subject to California Public Contract Code 7105.
Earthquake and Flood Coverage. Tenant further agrees that, at Landlord's written request, if and when obtainable, it will procure and maintain earthquake and flood insurance on the improvements located upon the Property for not less than [...***...] ([...***...]%) percent of the full insurance value above foundation.