Recovered Property. If you or we recover any property for which we have made payment under this policy, you or we will notify the other of the recovery. At your option, the property will be returned to or retained by you or it will become our property. If the recovered property is returned to or retained by you, the loss payment will be adjusted based on the amount you received for the recovered property.
Appears in 139 contracts
Samples: Homeowners Insurance Policy, Homeowners 3 – Special Form, Homeowners 3 – Special Form
Recovered Property. If you or we recover any property for which we have made payment under this policy, you or we will notify the other of the recovery. At your option, the property will be returned re- turned to or retained by you or it will become our property. If the recovered property is returned to or retained by you, the loss payment will be adjusted ad- justed based on the amount you received for the recovered property.
Appears in 19 contracts
Samples: Homeowners Insurance Policy, Homeowners Insurance Policy, Homeowners Insurance Policy
Recovered Property. If you or we recover any property for which we have made payment under this policy, you or we will notify the other of the recoveryre- covery. At your option, the property will be returned re- turned to or retained by you or it will become our property. If the recovered property is returned to or retained by you, the loss payment will be adjusted based on the amount you received for the recovered recov- ered property.
Appears in 11 contracts
Samples: Homeowners Insurance Policy, Homeowners Insurance Agreement, Homeowners Insurance Agreement
Recovered Property. If you or we recover any property for which we have made payment under un- der this policy, you or we will notify the other of the recovery. At your option, the property will be returned to or retained by you or it will become be- come our property. If the recovered property is returned to or retained by you, the loss payment pay- ment will be adjusted based on the amount you received for the recovered property.
Appears in 7 contracts
Samples: Dwelling Property Insurance Agreement, Dwelling Insurance Agreement, Dwelling Property Insurance Agreement
Recovered Property. If you or we recover any property for which we have made payment under this policy, you or we will notify the other of the recoveryre- covery. At your option, the property will be returned to or retained by you or it will become our property. If the recovered property is returned to or retained by you, the loss payment will be adjusted based on the amount you received for the recovered propertyproper- ty.
Appears in 6 contracts
Samples: Homeowners Insurance Policy, Homeowners Insurance Policy, Homeowners Insurance Policy
Recovered Property. If you or we recover any property for which we have made payment under this policyPolicy, you or we will notify the other of the recovery. At your option, the property will be returned to or retained by you or it will become our property. If the recovered property is returned to or retained by you, the loss payment will be adjusted based on the amount you received for the recovered property.
Appears in 5 contracts
Samples: Homeowners Insurance Policy, Dwelling Property Insurance Agreement, Dwelling Property Insurance Agreement
Recovered Property. If you or we recover any property for which we have made payment under this policy, you or we will notify no- tify the other of the recovery. At your option, the property will be returned to or retained by you or it will become our property. If the recovered property is returned to or retained by you, the loss payment will be adjusted based on the amount you received for the recovered property.
Appears in 3 contracts
Samples: Homeowners Insurance Policy, Homeowners Insurance Agreement, Homeowners Insurance Policy
Recovered Property. If you or we recover any property for which we have made payment under this policy, you or we will notify the other of the recovery. At your option, the property will be returned to or retained by you or it will become our property. If the recovered property is returned to or retained by you, the loss payment will be adjusted based on the amount you received for the recovered property.the
Appears in 2 contracts
Samples: Condominium Insurance Policy, Condominium Insurance Policy
Recovered Property. 1. If you or we recover any property for which we have made payment under this policy, you or we will notify the other of the recovery.
2. At your option, the property will be returned to or retained by you or it will become our property.
3. If the recovered property is returned to or retained by you, the loss payment will be adjusted based on the amount you received for the recovered property.
Appears in 2 contracts
Samples: Homeowners Policy, Homeowners Policy
Recovered Property. If you or we recover any property for which we have made payment under this policyendorsement, you or we will notify the other of the recovery. At your option, the property will be returned to or retained by you or it will become our property. If the recovered property is returned to or retained by you, we will adjust the loss payment will be adjusted based on the amount you received for the recovered property.
Appears in 2 contracts
Samples: Collectible Personal Property Endorsement, Collector Vehicle Spare Parts or Tools Coverage Endorsement
Recovered Property. If you or we recover any property for which we have made payment under this policy, you or we will notify the other of the recovery. At your option, the property will be returned to or retained by you or it will become our property. If the recovered property is returned re- turned to or retained by you, the loss payment will be adjusted ad- justed based on the amount you received for the recovered recov- ered property.
Appears in 2 contracts
Samples: Comprehensive Homeowners Insurance Policy, Comprehensive Homeowners Insurance Policy
Recovered Property. If you or we recover any property for which we have made payment under this policy, you or we will notify the other of the recovery. At your option, the property will be returned to or retained by you or it will become our property. If the recovered property is returned to or retained by you, the loss payment will be adjusted based on the amount you received for the recovered property.the
Appears in 2 contracts
Samples: Property Insurance Policy, Property Insurance Policy
Recovered Property. If you or we recover any property for which we have made payment under this policy, you or we will notify the other of the recovery. At your option, the property will be returned to or retained by you you, or it will become our property. If the recovered property is returned to or retained by you, the loss payment will be adjusted based on the amount you received for the recovered property.
Appears in 1 contract
Samples: Insurance Policy
Recovered Property. If you or we recover any property for which we have made payment under this policy, you or we will notify the other of the recovery. recovery At your option, the property will be returned to or retained by you or it will become our property. property If the recovered property is returned to or retained by you, the loss payment will be adjusted based on the amount you received for the recovered property.
Appears in 1 contract
Samples: Homeshare Business Insurance Policy
Recovered Property. If you or we recover any property for which we have made payment under this policy, you or we will notify the other of the recovery. At your optionop- tion, the property will be returned to or retained by you or it will become our property. If the recovered re- covered property is returned to or retained by you, the loss payment will be adjusted based on the amount you received for the recovered property.
Appears in 1 contract
Samples: Homeowners Insurance Agreement
Recovered Property. If you or we recover any property for which we have made payment under this policy, you or we will notify the other of the recovery. At your option, the property will be returned to or retained by you or it will become our property. If the recovered re- covered property is returned to or retained by you, the loss payment will be adjusted based on the amount you received for the recovered property.based
Appears in 1 contract
Samples: Insurance Agreement
Recovered Property. If you or we recover any property for which we have made payment under this policy, you or we will notify the other of the recovery. At your option, the property will be returned to or retained by you or it will become our property. If the recovered property is returned to or retained by you, the loss payment pay- ment will be adjusted based on the amount you received for the recovered property.
Appears in 1 contract
Samples: Insurance Agreement
Recovered Property. If you or we recover any property for which we have made payment under this policy, you or we will notify the other of the recovery. At your optionYou may choose to take possession of the recovered property, the property will be returned to or retained by you or it will become our property. If you choose to take possession of the recovered property is returned to or retained by youproperty, the loss payment will be adjusted based on the amount you received for the recovered property. This policy applies only to loss that occurs during the policy period.
Appears in 1 contract
Samples: Homeowners Insurance Policy
Recovered Property. If you or we recover any property for which we have made payment under un- der this policy, you or we will notify the other of the recovery. At your option, the property will be returned to or retained by you or it will become our property. If the recovered property is returned re- turned to or retained by you, the loss payment will be adjusted based on the amount you received re- ceived for the recovered property.
Appears in 1 contract
Recovered Property. If you or we recover any property for which we have made payment under this policy, you or we will notify the other of the recoveryre- covery. At your option, the property will be returned re- turned to or retained by you or it will become our property. If the recovered property is returned to or retained by you, the loss payment will be adjusted based on the amount you received for the recovered property.recov- ered property.
Appears in 1 contract
Samples: Homeowners Insurance Agreement
Recovered Property. If you or we recover any property for which we have made payment under this policy, you or we will notify the other of the recovery. At your option, the property will be returned to or retained by you or it will become our property. If the recovered property is returned to or retained by you, the loss payment will be adjusted based on the amount you received for the recovered recoveredd property.
Appears in 1 contract
Recovered Property. If you or we recover any property for which we have made payment under this policy, you or we will notify the other of the recovery. At your option, the property will be returned to or retained re- tained by you or it will become our property. If the recovered property is returned to or retained re- tained by you, the loss payment will be adjusted adjust- ed based on the amount you received for the recovered property.
Appears in 1 contract
Samples: Homeowners Insurance Policy
Recovered Property. If you or we recover any property for which we have made payment under this policy, policy you or we will notify the other of the recovery. At your option, the property will be returned to or retained by you or it will become our property. If the recovered property is returned to or retained by you, the loss payment will be adjusted based on the amount you received for the recovered property.
Appears in 1 contract
Samples: Homeowners Insurance Policy