Environmental, Safety and Efficiency Improvements. If “insured equipment” requires replacement due to a “breakdown", the Insurer will pay the Insured’s additional cost to replace with equipment that the Insurer agrees is better for the environment, safer for people or more energy efficient than the equipment being replaced, subject to the following conditions:
(a) the Insurer will not pay more than 125% of what the cost would have been to replace with like kind and quality;
(b) the Insurer will not pay to increase the size or capacity of the equipment
(c) this provision only applies to direct physical loss or damage;
(d) this provision does not increase any of the applicable amounts of insurance;
(e) this provision does not apply to any property valued on an “actual cash value” basis; and
(f) this provision does not apply to the replacement of component parts.
Environmental, Safety and Efficiency Improvements. If covered home equipment requires replacement due to a home system breakdown, we pay your additional cost to replace with equipment that is better for the environment, safer for people, or more energy or water efficient than the equipment being replaced. However, we do not pay to increase the size or capacity of the equipment and we do not pay more than 150% of what the cost would have been to replace with like kind and quality. This condition does not apply to the replacement of component parts or to any property to which actual cash value applies and does not increase any of the applicable limits.
Environmental, Safety and Efficiency Improvements. If a covered service line requires replacement due to a service line failure, we pay your additional cost to replace with materials that are better for the environment,
Environmental, Safety and Efficiency Improvements. If a “covered service line” requires replacement due to a “service line failure,” “we” will pay “your” additional cost to replace with materials that are better for the environment, safer for people, or more energy or “water” efficient than the materials being replaced. However, “we” will not pay to increase the size or capacity of the materials and “we” will not pay more than 150% of what the cost would have been to replace with like kind and quality. This condition does not increase the limit that applies to this form.
Environmental, Safety and Efficiency Improvements. If “Covered Home Equipment” requires replacement due to a “Home System Breakdown,” “we” will pay “your” additional cost to replace with equipment that is better for the environment, safer for people, or more energy or “water” efficient than the equipment being replaced. However, “we” will not pay to increase the size or capacity of the equipment and “we” will not pay more than 150% of what the cost would have been to replace with like kind and quality. This condition does not apply to the replacement of component parts or to any property to which “Actual Cash Value” applies and does not increase any of the applicable limits.
Environmental, Safety and Efficiency Improvements. If covered equipment requires replacement due to an equipment breakdown, we will pay your additional cost to replace with equipment that is better for the environment, safer or more efficient than the equipment being replaced. However, we will not pay more than 150% of what the cost would have been to replace with like kind and quality. This condition does not increase any of the applicable limits. This condition does not apply to any property to which Actual Cash Value applies.
Environmental, Safety and Efficiency Improvements. If Covered Equipment requires replacement due to a Covered Cause of Loss, the CSD Pool will pay the Member District’s additional cost to replace with equipment that is better for the environment, safer or more efficient than the equipment being replaced. However, the CSD Pool will not pay more than 150% of what the cost would have been to replace with like kind and quality. This coverage does not increase any of the applicable limits. This coverage does not apply to any property indicated as being valued on an Actual Cash Value basis.
Environmental, Safety and Efficiency Improvements. If “covered equipment” requires replacement due to an “accident”, “we” pay “your” additional cost to replace with equipment that is better for the environment, safer, or more efficient than the equipment being replaced. However, “we” do not pay more than 125% of what the cost would have been to repair or replace with like kind and quality. This condition does not increase any of the applicable “limits”. This condition does not apply to any property which is covered on an “Actual Cash Value” basis.
Environmental, Safety and Efficiency Improvements. If “covered farm
Environmental, Safety and Efficiency Improvements. If “covered equipment” requires replacement due to a Covered Cause of Loss, we will pay your additional cost to replace with equipment that we agree is better for the environment, safer for people or more energy or water efficient than the equipment being replaced, subject to the following conditions:
(1) We will not pay more than 150% of what the cost would have been to replace with like kind and quality;
(2) We will not pay to increase the size or capacity of the equipment;
(3) This provision only applies to Property Damage coverage;
(4) This provision does not increase any of the applicable limits;
(5) This provision does not apply to any property valued on an Actual Cash Value basis; and
(6) This provision does not apply to the replacement of component parts.
