Common use of Loss Assessment Clause in Contracts

Loss Assessment. We will pay up to $1000 for your share of loss assessment charged during the policy period against you by a corporation or asso- ciation of property owners, when the assessment is made as a result of direct loss to the property, owned by all members collectively, caused by a Peril Insured Against under COVERAGE A – DWELLING, other than earthquake or land shock waves or tremors before, during or after a volcanic eruption. Condition 1. Policy Period, under SECTIONS I AND II CONDITIONS, does not apply to this cov- erage.

Appears in 5 contracts

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

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Loss Assessment. We will pay up to $1000 for your share of loss assessment charged during the policy period against you by a corporation or asso- ciation as- sociation of property owners, when the assessment assess- ment is made as a result of direct loss to the property, owned by all members collectively, caused by a Peril Insured Against under COVERAGE COVER- AGE A – DWELLING, other than earthquake or land shock waves or tremors before, during or after af- ter a volcanic eruption. Condition 1. Policy Period, under SECTIONS I AND and II CONDITIONS, does not apply to this cov- erage.

Appears in 4 contracts

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

Loss Assessment. We will pay up to $1000 for your share of loss assessment charged during the policy period against you by a corporation or asso- ciation as- sociation of property owners, when the assessment assess- ment is made as a result of direct loss to the property, owned by all members collectively, caused by a Peril Insured Against under COVERAGE A – DWELLING, other than earthquake earth- quake or land shock waves or tremors before, during or after a volcanic eruption. Condition 1. Policy Period, under SECTIONS I AND II CONDITIONS, does not apply to this cov- erage.

Appears in 4 contracts

Samples: Homeowners Insurance Policy, Homeowners Insurance Policy, Homeowners Insurance Agreement

Loss Assessment. We will pay up to $1000 1,000 for your share of loss assessment charged during the policy period against you by a corporation or asso- ciation association of property owners, when the . The assessment is must be made as a result of direct loss to the property, owned by all members collectively, caused by a Peril Insured Against under COVERAGE A – DWELLINGDwelling, other than earthquake or land than: a. Earthquake; or b. Land shock waves or tremors before, during or after a volcanic eruption. Condition 1. Policy Period, under SECTIONS I AND II CONDITIONS, does not apply to this cov- erage.

Appears in 3 contracts

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

Loss Assessment. We will pay up to $1000 for your share of loss assessment charged during the policy period against you by a corporation or asso- ciation association of property owners, when the assessment is made as a result of direct loss to the property, owned by all members collectively, caused by a Peril Insured Against under COVERAGE A – DWELLINGC - PERSONAL PROPERTY, other than earthquake or land shock waves or tremors before, during or after a volcanic eruption. Condition 1. Policy Period, under SECTIONS I AND II CONDITIONS, does not apply to this cov- erage.

Appears in 3 contracts

Samples: Libertyguard Tenants Policy, Libertyguard Tenants Policy, Libertyguard Tenants Policy

Loss Assessment. We will pay up to $1000 for your share of loss assessment charged during the policy period pe- riod against you by a corporation or asso- ciation association of property prop- erty owners, when the assessment is made as a result of direct loss to the property, owned by all members collectivelycollec- tively, caused by a Peril Insured Against under COVERAGE A – DWELLING, other than earthquake or land shock waves or tremors before, during or after a volcanic eruption. Condition 1. Policy Period, under SECTIONS I AND II CONDITIONS, does not apply to this cov- eragecoverage.

Appears in 2 contracts

Samples: Comprehensive Homeowners Insurance Policy, Comprehensive Homeowners Insurance Policy

Loss Assessment. We will pay up to $1000 for your share of loss assessment charged during the policy period against you by a corporation or asso- ciation association of property owners, when the assessment is made as a result of direct loss to the property, owned by all members collectively, caused by a Peril Insured Against under COVERAGE A - DWELLING, other than earthquake or land shock waves or tremors before, during or after a volcanic eruption. Condition 1. Policy Period, under SECTIONS I AND II CONDITIONS, does not apply to this cov- eragecoverage.

Appears in 2 contracts

Samples: Homeowners Insurance Agreement, Homeowners Insurance Policy

Loss Assessment. We will pay up to $1000 for your share of loss assessment charged during the policy period against you by a corporation or asso- ciation as- sociation of property owners, when the assessment assess- ment is made as a result of direct loss to the propertyprop- erty, owned by all members collectively, caused by a Peril Insured Against under COVERAGE A C DWELLINGPERSONAL PROPERTY, other than earthquake or land shock waves or tremors before, during or after a volcanic eruption. Condition 1. Policy Period, under SECTIONS I AND II CONDITIONS, does not apply to this cov- eragecoverage.

Appears in 2 contracts

Samples: Homeowners Insurance Policy, Homeowners Insurance Agreement

Loss Assessment. We will pay up to $1000 for your share of loss assessment charged during the policy period against you by a corporation or asso- ciation as- sociation of property owners, when the assessment assess- ment is made as a result of direct loss to the propertyprop- erty, owned by all members collectively, caused by a Peril Insured Against under COVERAGE A – DWELLING, other than earthquake or land shock waves or tremors before, during or after a volcanic eruption. Condition 1. Policy Period, under SECTIONS I AND and II CONDITIONS, does not apply to this cov- eragecoverage.

Appears in 2 contracts

Samples: Homeowners Insurance Agreement, Homeowners Insurance Policy

Loss Assessment. We will pay up to $1000 for your share of loss assessment charged during the policy period against you by a corporation or asso- ciation as- sociation of property owners, when the assessment assess- ment is made as a result of direct loss to the property, owned by all members collectively, caused by a Peril Insured Against under COVERAGE A COVER- AGE C DWELLINGPERSONAL PROPERTY, other than earthquake or land shock waves or tremors beforebe- fore, during or after a volcanic eruption. Condition 1. Policy Period, under SECTIONS I AND II CONDITIONS, does not apply to this cov- eragecoverage.

Appears in 2 contracts

Samples: Homeowners Insurance Policy, Homeowners Insurance Policy

Loss Assessment. We will pay up to $1000 for your share of loss assessment charged during the policy period against you by a corporation or asso- ciation association of property owners, when the assessment is made as a result of direct loss to the property, owned by all members collectively, caused by a Peril Insured Against under COVERAGE A - DWELLING, other than earthquake or land shock waves or tremors before, during or after a volcanic eruption. Condition 1. Policy Period, under SECTIONS I AND and II CONDITIONS, does not apply to this cov- eragecoverage.

Appears in 2 contracts

Samples: Homeowners Insurance Agreement, Homeowners Insurance Agreement

Loss Assessment. We will pay up to $1000 1,000 for your share of loss assessment charged during the policy period against you by a corporation or asso- ciation association of property owners, when the . The assessment is must be made as a result of direct loss to the property, owned by all members collectively, caused by a Peril Insured Against under COVERAGE A – DWELLINGDwelling, other than earthquake or land than: a. Earthqua ke; or b. Land shock waves or tremors before, during or after a volcanic eruption. Condition 1. Policy Period, under SECTIONS I AND II CONDITIONS, does not apply to this cov- erage.

Appears in 1 contract

Samples: Homeowners Insurance Policy

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Loss Assessment. We will pay up to $1000 for your share of loss assessment charged during the policy period against you by a corporation or asso- ciation as- sociation of property owners, when the assessment assess- ment is made as a result of direct loss to the property, owned by all members collectively, caused by a Peril Insured Against under COVERAGE A – DWELLING, other than earthquake earth- quake or land shock waves or tremors before, during dur- ing or after a volcanic eruption. Condition 1. Policy Period, under SECTIONS I AND II CONDITIONS, does not apply to this cov- erage.

Appears in 1 contract

Samples: Homeowners Insurance Agreement

Loss Assessment. We will pay up to $1000 for your share of loss assessment charged during the policy period against you by a corporation or asso- ciation as- sociation of property owners, when the assessment assess- ment is made as a result of direct loss to the propertyprop- erty, owned by all members collectively, caused by a Peril Insured Against under COVERAGE A – DWELLING, other than earthquake or land shock waves or tremors before, during or after a volcanic eruption. Condition 1. Policy Period, under SECTIONS I AND II CONDITIONS, does not apply to this cov- erage.

Appears in 1 contract

Samples: Homeowners Insurance Policy

Loss Assessment. We will pay up to $1000 for your share of loss assessment charged during the policy period against you by a corporation or asso- ciation as- sociation of property owners, when the assessment assess- ment is made as a result of direct loss to the propertyprop- erty, owned by all members collectively, caused by a Peril Insured Against under COVERAGE A – DWELLING, other than earthquake or land shock waves or tremors before, during or after a volcanic eruption. Condition 1. Policy Period, under SECTIONS I AND II CONDITIONS, does not apply to this cov- eragecoverage.

Appears in 1 contract

Samples: Homeowners Insurance Policy

Loss Assessment. We will pay up to $1000 for your share of loss assessment charged during the policy period against you by a corporation or asso- ciation of property owners, when the assessment is made as a result of direct loss to the property, owned by all members collectively, caused by a Peril Insured Against under COVERAGE A – DWELLING, other than earthquake or land shock waves or tremors before, during or after a volcanic eruption. Condition 1. Policy Period, under SECTIONS I AND and II CONDITIONS, does not apply to this cov- eragecoverage.

Appears in 1 contract

Samples: Homeowners Insurance Policy

Loss Assessment. We will pay up to $1000 for your share of loss assessment charged during the policy period against you by a corporation or asso- ciation of property owners, when the assessment is made as a result of direct loss to the property, owned by all members collectively, caused by a Peril Insured Against under COVERAGE A C DWELLINGPERSONAL PROPERTY, other than earthquake or land shock waves or tremors before, during or after a volcanic eruption. Condition 1. Policy Period, under SECTIONS I AND II CONDITIONS, does not apply to this cov- eragecoverage.

Appears in 1 contract

Samples: Homeowners Insurance Policy

Loss Assessment. We will pay up to $1000 for your share of any loss assessment charged during the policy period against you by a corporation or asso- ciation association of property owners, . This only applies when the assessment is made as a result of each direct loss to the property, owned by all members collectively, caused by a Peril Insured Against under COVERAGE un- der Coverage A – DWELLINGDwelling, other than earthquake or land shock waves or tremors before, during or after a volcanic eruption. Condition 1. Policy Period, under SECTIONS I AND II CONDITIONS, does not apply to this cov- erage.

Appears in 1 contract

Samples: Homeowners Insurance Agreement

Loss Assessment. a. We will pay up to $1000 1,000 for your share of loss assessment charged during the policy period against you you, as owner or tenant of the "residence premises", by a corporation or asso- ciation association of property owners, when the . The assessment is must be made as a result of direct loss to the property, owned by all members collectively, of the type that would be covered by this policy if owned by you, caused by a Peril Insured Against under COVERAGE A – DWELLINGCoverage A, other than earthquake or land than: (1) Earthquake; or (2) Land shock waves or tremors before, during or after a volcanic eruption. Condition 1. Policy Period, under SECTIONS I AND II CONDITIONS, does not apply to this cov- erage.

Appears in 1 contract

Samples: Homeowners Insurance Policy

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