WebDamage to Premises Rented to You. 1. If damage by fire to premises rented to you is not otherwise excluded from this Coverage Part, the word “fire” is changed to “fire, lightning, explosion, smoke, or leakage from automatic fire protective systems ” where it appears in: Sample 1 Sample 2. Save. Remove Advertising. Damage to Premises ... WebNov 26, 2014 · The insurance policy declarations refer to it as Damage To Premises Rented To You, although it has traditionally been known as Fire Damage Legal Liability Coverage. It provides limited coverage for tenants who cause fire damage to rented premises. Fire Damage Legal Liability is a “give-back” coverage. Coverage A – Bodily …
AIC 42: CH 4 Flashcards Quizlet
WebMay 17, 2024 · One of the so-called business risk exclusions, the "damage to property" exclusion, narrows coverage for certain types of property damage claims. A principal source of disagreement among courts has been the words "that particular part," which is found in paragraphs j(5) and j(6) of the exclusion. j. Damage To Property "Property … WebJan 23, 2024 · Limits. Coterie’s Business owners and General Liability policies include “Damage to Premises Rented to You” coverage with a basic limit of $100,000. For an additional cost, you can choose to … high school musicals movies
Damage to Premises Rented to You: How the CGL Limit …
WebShort-Term Lease, Damage to Rented Premises - $50,000 minimum limit recommended. Commercial Lease, Damage to Rented Premises - $500,000 minimum limit recommended. Commercial Property Property Value Limits should equal value of tenant's property WebAug 26, 2015 · The CGL includes coverage for “damage to premises rented to you.”. Although this coverage is automatically included in the Coverage A section of your policy, it provides only limited coverage. Damage to Premises Rented to You covers only damage due to fire, and a separate, lower limit might apply. If your business premises are … WebIt will not pay if there is other insurance applicable to the loss or damage B. ... The per fire limit Only the per fire limit applies to Damage to Premises Rented to You. Property stored temporarily in another location is covered under the … high school mvoies collage