Common use of Lock Replacement Clause in Contracts

Lock Replacement. When a key to a lock is stolen as part of a covered theft loss, we will pay under Coverage A Dwelling Protection the reasonable expenses you incur to replace or re-key exterior door locks at the residence premises with locks or cylinders of like kind and quality. The limit of liability under this coverage following any one theft loss is $500. This coverage does not increase the limit of liability that applies to the covered property.

Lock Replacement. When a key to a lock is stolen as part of a covered theft loss, we will pay pay, under Dwelling Protection–Coverage A Dwelling Protection or Other Structures Protection–Coverage B, as applicable, up to $500 for the reasonable expenses you incur to replace or re-key exterior door locks at the residence premises with locks or cylinders of like kind and quality. The limit of liability under this coverage following any one theft loss is $500. This coverage does not increase the limit of liability that applies to the covered property. Section I Conditions

Lock Replacement. When a key to a lock is stolen as a part of a covered theft loss, we will pay under Coverage A Dwelling Protection the reasonable expenses you incur to replace or re-key exterior door locks at the residence premises with locks or cylinders of like kind and quality. The limit of liability under this coverage following any one theft loss is $500. This coverage does not increase the limit of liability that applies applying to the covered property.