Common use of Fair Rental Value Clause in Contracts

Fair Rental Value. If a peril not otherwise excluded makes that part of the dwelling or detached private structures rented to others or held for rental by you unfit for occupancy, we insure its Fair Rental Value. Payment shall be for the reasonable time required to repair or replace that part of the dwelling or detached private structures rented or held for rental. Fair Rental Value shall not include any expense that does not continue while that part of the dwelling or detached private structures rented or held for rental is unfit for occupancy.

Appears in 6 contracts

Samples: Homeowners Insurance Policy, Comprehensive Homeowners Policy, Homeowners Insurance Policy

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Fair Rental Value. If a peril not otherwise excluded an Insured Peril makes the dwelling or that part of the dwelling unit or detached private structures rented to others or held for rental by you unfit for occupancy, we insure its Fair Rental Value. Payment shall be for the reasonable time required to repair or replace that part of the dwelling unit or detached private structures rented or held for rental. Fair Rental Value shall not include any expense that does not continue while that part of the dwelling unit or detached private structures rented or held for rental is unfit for occupancy.

Appears in 4 contracts

Samples: Condominium Insurance Policy, Insurance Policy, Rented Condominium Insurance Policy

Fair Rental Value. If a peril not otherwise excluded makes the dwelling or that part of the dwelling or detached private structures unit rented to others or held for rental by you unfit for occupancy, we insure its Fair Rental Value. Payment shall be for the reasonable time required to repair or replace that part of the dwelling or detached private structures unit rented or held for rental. Fair Rental Value shall not include any expense that does not continue while that part of the dwelling or detached private structures unit rented or held for rental is unfit for occupancy.

Appears in 4 contracts

Samples: Tenants Policy Comprehensive Form, Tenants Policy Broad Form, Comprehensive Tenants Policy

Fair Rental Value. If a peril not otherwise excluded makes that part of the dwelling “dwelling” or detached private structures structures” rented to others or held for rental by you the “Insured” unfit for occupancy, we insure this form insures its Fair Rental Value. Payment shall will be for the reasonable time required to repair or replace that part of the dwelling “dwelling” or detached private structures structures” rented or held for rental. Fair Rental Value shall will not include any expense that does not continue while that part of the dwelling “dwelling” or detached private structures structures” rented or held for rental is unfit for occupancy.

Appears in 1 contract

Samples: Indemnity Agreement

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Fair Rental Value. If a peril not otherwise excluded an Insured Peril makes that part of the dwelling dwelling, or detached private structures rented to others or held for rental by you unfit for occupancy, we insure its Fair Rental Value. Payment shall be for the reasonable time required to repair or replace that part of the dwelling or detached private structures rented or held for rental. Fair Rental Value shall not include any expense that does not continue while that part of the dwelling dwelling, or detached private structures structure rented or held for rental is unfit for occupancy.

Appears in 1 contract

Samples: Residential Insurance Policy

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