RULE 35.5C - LOSS ASSESSMENT COVERAGE (EXCLUDING EARTHQUAKE - RESIDENCE PREMISES) (CO 04 35)
Applies
to: Premier - YES, Premier Plus - YES, Premier Select - YES,
Premier Condo - YES, Premier Renters - NO
The policy provides $1,000 of loss assessment coverage (excluding earthquake) for assessments relating to the residence premises. This limit may be increased up to a $50,000 maximum. The additional premium is calculated as follows:
|
Amount
of Coverage
|
||||
| Policy Form |
$5,000
|
$10,000
|
Each
Add'l $5,000
|
|
| All
policies (except policies with CO 17 32 Endorsement) |
$3
|
$5
|
$1
|
|
| All
policies with CO 17 32 Endorsement |
4
|
7
|
2
|
|
Endorsement CO 04 35 Loss Assessment Coverage will be attached to the policy.
