Fair Rental Value. If a loss covered under Section I makes that part of the "residence premises" rented to oth- ers or held for rental by you not fit to live in, we cover the fair rental value of such premises less any expenses that do not continue while it is not fit to live in. Payment will be for the shortest time required to repair or replace such premises.
Appears in 43 contracts
Fair Rental Value. If a loss covered under Section I makes that part of the "residence premises" rented to oth- ers others or held for rental by you not fit to live in, we cover the fair rental value of such premises less any expenses that do not continue while it is not fit to live in. Payment will be for the shortest time required to repair or replace such premises.
Appears in 35 contracts
Samples: www.ssiuw.com, Agreement, Agreement
Fair Rental Value. If a loss covered under Section I makes that part of the "“residence premises" ” rented to oth- ers others or held for rental by you not fit to live in, we cover the fair rental value of such premises less any expenses that do not continue while it is not fit to live in. Payment will be for the shortest time required to repair or replace such premises.
Appears in 5 contracts
Samples: Homeowners 6, www.maine.gov, Homeowners Special Form
Fair Rental Value. If a loss covered under Section I makes that part of the "residence premises" rented to oth- ers others or held for rental by you not fit to live in, we cover the fair rental value of such premises less any expenses that do not continue while it is not fit to live in. Payment will be for the shortest time required to repair or replace such premises. In either event, the payment(s) will be limited to (12) consecutive months from the date of the covered loss.
Appears in 2 contracts
Fair Rental Value. If a loss covered under Section I makes that part of the "“residence premises" ” rented to oth- ers others or held for rental by you not fit to live in, we cover the fair rental value of such premises less any expenses that do not continue while it that part of the “resi- dence premises” is not fit to live in. Payment will be for the shortest time required re- quired to repair or replace such premises.
Appears in 1 contract
Samples: safepointfla.com
Fair Rental Value. If a loss covered under Section I makes that part of the "residence premises" rented to oth- ers others or held for rental by you not fit to live in, we cover the fair rental value of such premises less any expenses that do not continue while it is not fit to live in. However, we do not cover any fair rental value arising out of or in connection with “home-sharing host activities”. Payment will be for the shortest time required to repair or replace such premises.
Appears in 1 contract
Samples: universalproperty.com
Fair Rental Value. If a loss covered under Section I makes that part of the "“residence premises" ” rented to oth- ers others or held for rental by you “you” not fit to live in, we “we” cover the fair rental value of such premises less any expenses ex- penses that do not continue while it is not fit to live in. Payment will be for the shortest time required to repair or replace such premises.
Appears in 1 contract
Samples: Agreement
Fair Rental Value. If a loss covered under Section I this section makes that part of the "residence premises" premises rented to oth- ers others or held for rental by you not fit to live inuninhabitable, we cover the its fair rental value of such premises less any expenses that do not continue while it is not fit to live invalue. Payment will shall be for the shortest time required to repair or replace such premisesthe part of the premises rented or held for rental (up to 5% of the limit of Coverage A). This period of time is not limited by expiration of this policy. Fair Rental Value shall NOT include any expense that does not continue while that part of the residence rented or held for rental is uninhabitable.
Appears in 1 contract
Samples: rhpga.com
Fair Rental Value. If a loss covered under Section I makes that part of the "“residence premises" ” rented to oth- ers or held for rental by you not fit to live in, we cover the fair rental value of such premises less any expenses that do not continue while it is not fit to live in. Payment will be for the shortest time required to repair or replace such premises.
Appears in 1 contract
Samples: Agreement
Fair Rental Value. If a covered loss covered under Section I makes that damages part of the "residence premises" premises rented to oth- ers others or held for rental by you making it not fit to live in, we cover the fair rental value of such premises less any expenses that do not continue while it is not fit to live in. Payment will be for the shortest reasonable time required to repair or replace such premises.. However, you must:
Appears in 1 contract
Samples: www.maine.gov
Fair Rental Value. If a loss covered under Section I makes that part of the "residence premises" rented to oth- ers others or held for rental by you not fit to live in, we cover the fair rental value of such premises less any expenses that do not continue while it is not fit to live in. Payment will be for the shortest time required to repair or replace such premises. damage to neighboring premises by a Peril Insured Against, we cover the loss as provided in 1. Additional Living Expense and 2. Fair Rental Value above for no more than two weeks.
Appears in 1 contract
Samples: www.propertyinsurancecoveragelaw.com