Insurable Interest and Limit of Liability. Even if more than one person has an insurable interest in the property covered, we will not be liable in any loss: a. for an amount greater than the interest of a person insured under this policy; or b. for more than the applicable limit of liability. Each time there is a loss to any building insured under Coverage A (Dwelling), the amount of insurance applicable to that building for loss by fire will be reduced by the amount of the loss. As repairs are made, the amount of insurance will be reinstated up to the limit of liability shown on the declarations page.
Appears in 4 contracts
Samples: Texas Dwelling Policy, Texas Dwelling Policy, Texas Dwelling Policy Form 1
Insurable Interest and Limit of Liability. Even if more than one person has an insurable interest in the property covered, we will not be liable in any one loss:
a. to the insured for an amount greater more than the amount of the insured’s interest at the time of a person insured under this policyloss; or
b. for more than the applicable limit of liability. Each time there is a loss to any building insured under Coverage A (Dwelling), the amount of insurance applicable to that building for loss by fire will be reduced by the amount of the loss. As repairs are made, the amount of insurance will be reinstated up to the limit of liability shown on the declarations page.
Appears in 4 contracts
Samples: Homeowners Insurance Agreement, Texas Homeowners Policy Form B, Texas Homeowners Policy Form C
Insurable Interest and Limit of Liability. Even if more than one person has an insurable interest in expenses. the property covered, we will not be liable in any one loss:
a. to the insured for an amount greater more than the amount of the insured's interest at the time of a person insured under this policyloss; or
b. for more than the applicable limit of liability. Each time there is a loss to any building insured under Coverage overage A (Dwelling), the amount of insurance applicable to that building for loss by fire will be reduced by the amount of the loss. As repairs are made, the amount of insurance will be reinstated up to the limit of liability shown on the declarations page.
Appears in 1 contract
Samples: Texas Homeowners Policy Form B
Insurable Interest and Limit of Liability. Even if more than one person has an insurable interest in the property covered, we will not be liable in any one loss:
a. to the insured for an amount greater more than the amount of the insured’s interest at the time of a person insured under this policyloss; or
b. for more than the applicable limit of liability. Each time there is a loss to any building insured under Coverage A (Dwelling), the . . amount of insurance applicable to that building for loss by fire will be reduced by the amount of the loss. As repairs are made, the amount of insurance will be reinstated up to the limit of liability shown on the declarations page.
Appears in 1 contract
Samples: Texas Homeowners Policy Form A
Insurable Interest and Limit of Liability. Even if more than one person has an insurable interest in the property covered, we will not be liable in any loss:
a. for For an amount greater than the interest of a person insured under this policy; , or
b. for For more than the applicable limit of liability. Each time there is a loss to any building or structure insured under Coverage A (Dwelling), or Outbuildings, the amount of insurance applicable to that building or structure for any loss by fire will be reduced by the amount of the loss. As repairs are made, the amount of insurance will be reinstated up to the limit of liability shown on the declarations page.
Appears in 1 contract
Samples: Dwelling Policy
Insurable Interest and Limit of Liability. Even if more than one person has an insurable interest in the property covered, we will not be liable in any loss:
a. a) for an amount greater than the interest of a person insured under this policy; or
b. b) for more than the applicable limit of liability. Each time there is a loss to any building insured under Coverage A (Dwelling), the amount of insurance applicable to that building for loss by fire will be reduced re- duced by the amount of the loss. As repairs are made, the amount of insurance will be reinstated up to the limit of liability shown on the declarations page.
Appears in 1 contract
Samples: Dwelling Fire Policy
Insurable Interest and Limit of Liability. Even if more than one person has an insurable interest in the property covered, we will not be liable in any loss:
a. for an amount greater than the interest of a person insured under this policy; or
b. for more than the applicable limit of liability. specimen Each time there is a loss to any building insured under Coverage A (Dwelling), the amount of insurance applicable to that building for loss by fire will be reduced by the amount of the loss. As repairs are made, the amount of insurance insur- ance will be reinstated up to the limit of liability shown on the declarations page.
Appears in 1 contract
Samples: Texas Dwelling Policy
Insurable Interest and Limit of Liability. Even if more than one person has an insurable interest in the property covered, we will not be liable in any loss:
a. for an amount greater than the interest of a person insured under this policy; or
b. for more than the applicable limit of liability. Each time there is a loss to any building insured under Coverage A (Dwelling), the amount of insurance applicable to that building for loss by fire will be reduced re- duced by the amount of the loss. As repairs are made, the amount of insurance will be reinstated up to the limit of liability shown on the declarations page.
Appears in 1 contract
Samples: Dwelling Fire Policy
Insurable Interest and Limit of Liability. Even if more than one person has an insurable interest in the property covered, we will not be liable in any one loss:
a. to the insured for an amount greater more than the amount of the insured's interest at the time of a person insured under this policyloss; or
b. for more than the applicable limit of liability. Each time there is a loss to any building insured under Coverage A (Dwelling), the amount of insurance applicable to that building for loss by fire will be reduced by the amount of the loss. As repairs are made, the amount of insurance will be reinstated up to the limit of liability shown on the declarations page.are
Appears in 1 contract
Samples: Texas Homeowners Policy Form A
Insurable Interest and Limit of Liability. Even if more than one person has an insurable interest in the property covered, we will not be liable in any loss:
a. for an amount greater than the interest of a person insured under this policy; or
b. for more than the applicable limit of liability. Each time there is a loss to any building insured under Coverage A (Dwelling), the amount of insurance in- surance applicable to that building for loss by fire will be reduced by the amount of the loss. As repairs re- pairs are made, the amount of insurance will be reinstated up to the limit of liability shown on the declarations page.
Appears in 1 contract
Samples: Dwelling Fire Policy