Huntington
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Insurance | |
The following is the text of the insurance proposal that was
accepted by the board of The Huntington Townhomes. This was typed
by the association secretary, Timothy J. Baker. If you would like
an actual copy of the proposal, you can get one from Mr. Baker.
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Proposed Effective Date: 02/23/99
Business Provider
Special Form
NATIONWIDE FIRE INSURANCE COMPANY
POLICY LEVEL COVERAGES
COMPREHENSIVE BUSINESS LIABILITY
AND MEDICAL EXPENSE - PER OCCURRENCE $2,000,000
Personal/Advertising Injury $2,000,000
Medical Expenses - per person $5,000
Non-owned Automobile Coverage $2,000,000
GENERAL AGGREGATE LIMIT $2,000,000
(For coverages listed above)
AGGREGATE LIMITS BY LOCATION
PRODUCTS/COMPLETED OPERATIONS
AGGREGATE LIMIT $2,000,000
FIRE LEGAL LIABILITY $50,000
DIRECTORS & OFFICERS E OR O LIABILITY $2,000,000
Deductible $250
BLANKET AMOUNT COVERAGE INCLUDED
Location: 001 Building: 01 350 2ND STREET N
ST PETERSBURG, FL 33701
BUILDING INITIAL AMOUNT $ 0
Replacement Cost
Guaranteed Replacement Cost EXTENSION
Annual Automatic Increase 2%
BUSINESS PERSONAL PROPERTY $10,000
APPURTENANT STRUCTURES $488,000
TOTAL BUILDING VALUE $488,000
Seasonal Increase 25%
Property Deductible $500
ADDITIONAL COVERAGES
Loss of Business Income/Extra Expense INCLUDED
(Actual Incurred Loss - Not Exceeding 12 Months)
Arson Reward $5,000
Fire Extinguisher Recharge $1,000
Fire Department Service Charge $1,000
2% Hurricane Coverage Deductible Has Been Applied To This Location.
COVERAGE EXTENSIONS
Newly Acquired or Constructed Property
For 90 Days - 100% Of Combined Building Limits
Maximim Limit Per Building At a New Location $250,000
Personal Property At Newly Acquired
Location For 90 Days - 50% Of Combined
Personal Property Limits
Maximum Limit Per New Location $100,000
Personal Property Off Premises $15,000
(Included Property In Transit)
Personal Effects
Per Person $1,000
Per Occurrence $5,000
Valuable Papers and Records - Cost Of Research $1,000
The Coverage Extensions Are Subject To The Property Deductible.
OPTIONAL COVERAGES:
Money & Securities Inside $5,000
Outside $10,000
Valuable Papers and Records $10,000
Accounts Receivable $10,000
Swimming Pools # Pools 1
Water Sewer Backup INCLUDED
BUSINESS PROVIDER POLICY PREMIUM $2,285.27
THE ABOVE PREMIUM INCLUDES:
Florida Dor Surcharge $2.27
Florida Mutual Aid Plan Surcharge $4.00
THIS CONTAINS ONLY A GENERAL DESCRIPTION OF COVERAGE AND IS
NOT A STATEMENT OF CONTRACT. ALL COVERAGES ARE SUBJECT TO
THE EXCLUSIONS AND CONDITIONS IN THE POLICY.
BUSINESS PROVIDER POLICY PREMIUM $2,285.27
3 MILLION UMBRELLA POLICY PREMIUM $1,050.00
TOTAL POLICY PREMIUM $3,335.27
