Common use of Limit of Insurance Clause in Contracts

Limit of Insurance. We will pay up to 250% of the limit of insurance provided under “Section One - Personal Property” to a maximum of $25,000, unless this amount is specifically increased by an endorsement attached to your policy. We insure you for direct loss to the property described in this Section One caused by the following perils: 1. Fire, Lightning or Explosion

Limit of Insurance. We will not pay up to more than 250% of the limit of insurance provided under “Section One - Personal Property” to a maximum of $25,000”, unless this amount is specifically increased by an endorsement attached to your policy. We insure you for direct loss to the property described in this Section One caused by the following perils: 1. Fire, Lightning or Explosion