Common use of Loss Assessment Clause in Contracts

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 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 A - Dwelling, other than earthquake or lank shock waves or tremors before, during or after a volcanic eruption. This coverage applies only to loss assessments charged against you as owner or tenant of the residence premises. We do not cover loss assessments charges against you or a corporation or association of property owners by any governmental body.

Loss Assessment. We will pay up to $1000 10,000 for your share of any loss assessment charged during the policy period against you by a corporation or 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 A - Dwelling, other than earthquake or lank land shock waves or tremors before, during or after a volcanic eruption. This coverage applies only to loss assessments charged against you as owner or tenant of the residence premises. The limit of $10,000 is the most that we will pay with respect to any one “occurrence”, regardless of the number of assessments. We do not cover loss assessments charges charged against you or a corporation or association of property owners by any governmental body.

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 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 A - • Dwelling, other than earthquake or lank land shock waves or tremors before, during or after a volcanic eruption. This coverage applies only to loss assessments charged against you as owner or tenant of the residence premises. We do not cover loss assessments charges charged against you or a corporation or association of property owners by any governmental body. The limit of $1000 is the most we will pay with respect to any one loss, regardless of the number of assessments. Condition 1. Policy Period, under Sections I And II Conditions, does not apply to this coverage.

Loss Assessment. a. We will pay up to $1000 1,000 for your share of any loss assessment charged during the policy period against you you, as owner or tenant of the “residence premises”, by a corporation or association of property owners. This only applies when the The assessment is must be made as a result of each direct loss to the property, owned by all members mem- bers collectively, of the type that would be covered by this policy if owned by you, caused by a Peril Insured Against under Coverage A - DwellingA, other than earthquake or lank than: (1) Earthquake; or (2) Land shock waves or tremors before, during or after a volcanic eruption. This coverage applies only to loss assessments charged against you as owner or tenant of the residence premises. . b. We do not cover loss assessments charges charged against you or a corporation or association of property owners by any governmental body.

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 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 COVERAGE A - Dwelling– DWELLING, other than earthquake or lank land shock waves or tremors before, during or after a volcanic eruption. This coverage applies only to loss assessments charged against you as owner or tenant of the "residence premises. ." We do not cover loss assessments charges charged against you or a corporation or association of property owners by any governmental body. The limit of $1000 is the most we will pay with respect to any one loss, regardless of the number of assessments. Condition 1. Policy Period, under SECTIONS I AND II CONDITIONS, does not apply to this coverage.