Spoilage. With respect to “your” refrigerated property, “we” will pay: i) for physical damage due to spoilage that is the result of a “home system breakdown”; ii) any necessary expenses “you” incur to reduce the amount of loss under this coverage to the extent that they do not exceed the amount of loss that otherwise would have been payable under this coverage. “We” will pay up to $500 or the Limit shown in “your” policy for Refrigerated Property Coverage, whichever is greater. However, in no event will “we” pay more than $5,000 under this Spoilage coverage for any “one home system breakdown”.
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Samples: Home Systems Protection Coverage, Home Systems Protection Coverage Agreement, Home Systems Protection Coverage Agreement
Spoilage. With respect to “your” refrigerated property, “we” will pay:
i) for physical damage due to spoilage that is the result of a “home system breakdown”;
ii) any necessary expenses “you” incur to reduce the amount of loss under this coverage to the extent that they do not exceed the amount of loss that otherwise would have been payable under this coverage. “We” will pay up to $500 or the Limit shown in “your” policy for Refrigerated Property Coverage, whichever is greater. However, in no event will “we” pay more than $5,000 under this Spoilage coverage for any “one home system breakdown”.
Appears in 1 contract
Samples: Home Systems Protection Coverage
Spoilage. With respect to “your” refrigerated property, “we” will pay:
i) a. for physical damage due to spoilage that is the result of a “home system breakdown”;
ii) b. any necessary expenses “you” incur to reduce the amount of loss under this coverage to the extent that they do not exceed the amount of loss that otherwise would have been payable under this coverage. “We” will pay up to $500 or the Limit “limit” shown in “your” policy for Refrigerated Property Coverage, whichever is greater. However, in no event will do “we” pay more than $5,000 3,000 under this Spoilage coverage for any “one home system breakdown”.
Appears in 1 contract