Common use of Rental Value Clause in Contracts

Rental Value. You may use up to 10% of the Coverage A limit of liability for loss of fair rental value as described in Coverage D. We will pay only 1/12 of this 10% for each month the rented part of the Described Location is unfit for its nor- mal use.

Appears in 7 contracts

Samples: Dwelling Property Insurance Agreement, Dwelling Insurance Agreement, Dwelling Property Insurance Agreement

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Rental Value. You may use up to 1020% of the Coverage A limit of liability for loss of fair rental value as described de- scribed in Coverage D. We will pay only 1/12 of this 1020% for each month the rented part of the Described Location is unfit for its nor- mal normal use. Payment under this coverage reduces the Cov- erage A limit of liability by the amount paid for the same loss.

Appears in 3 contracts

Samples: Dwelling Property Insurance Agreement, Dwelling Property Insurance Agreement, Dwelling Property Insurance Agreement

Rental Value. You may use up to 1020% of the Coverage A limit of liability for loss of fair rental value as described in Coverage D. We will pay only 1/12 of this 1020% for each month the rented part of the Described Location is unfit for its nor- mal normal use. Payment under this coverage reduces the Coverage A limit of liability by the amount paid for the same loss.

Appears in 2 contracts

Samples: Dwelling Property Insurance Agreement, Dwelling Property Insurance Agreement

Rental Value. You may use up to 10% of the Coverage A limit of liability for loss of fair rental value as described in Coverage D. We will pay only 1/12 1/12th of this 10% for each month the rented part of the Described Location is unfit for its nor- mal normal use. Payment under this coverage reduces the Coverage A limit of liability by the amount paid for the same loss. Payment(s) will be limited to 24 consecutive months from the date of the covered loss.

Appears in 1 contract

Samples: Dwelling Property Insurance Agreement

Rental Value. You may use up to 10% of the Coverage A limit of liability for loss of fair rental value as described in Coverage D. We will pay only on- ly 1/12 of this 10% for each month the rented part of the Described Location is unfit for its nor- mal normal use.

Appears in 1 contract

Samples: Dwelling Property Insurance Agreement

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Rental Value. You may use up to 10% of the Coverage A limit of liability for loss of fair rental value as described in Coverage D. We will pay only 1/12 of this 10% for each month the rented part of the Described Location is unfit for its nor- mal normal use.

Appears in 1 contract

Samples: Dwelling Property Insurance Agreement

Rental Value. You may use up to 10% of the Coverage A limit of liability for loss of fair rental value as described in Coverage D. We will pay only 1/12 of this 10% for each month the rented part of the Described Location is unfit for its nor- mal normal use. Payment under this coverage reduces the Coverage A limit of liability by the amount paid for the same loss.

Appears in 1 contract

Samples: Dwelling Property Insurance Agreement

Rental Value. You may use up to 10% of the Coverage A limit of liability for loss of fair rental value as described in Coverage D. We will pay only 1/12 of this 10% for each month the rented part of the Described Location is unfit for its nor- mal normal use. Payment under this coverage reduces the Coverage A limit of liability by the amount paid for the same loss. Payment(s) will be limited to 24 consecutive months from the date of the covered loss.

Appears in 1 contract

Samples: Mobile Home Dwelling Property Insurance Agreement