RULE 35.3C - PERSONAL PROPERTY REPLACEMENT COST (CO 04 90)
Applies
to: Premier - YES, Premier Plus - NO, Premier Select - YES*,
Premier Condo - YES, Premier Renters - YES
Coverage C - Personal Property may be extended to include Replacement Cost Coverage. Replacement Cost Coverage will also apply to articles or classes of property separately described and specifically insured in this policy.
The premium is calculated by multiplying the base premium and the additional Coverage C premium by the appropriate factor below:
|
Policy
Form
|
Factor
|
| Premier Homeowners |
1.13
|
| Premier Select |
1.13
|
| Premier Condominium Owners |
1.26
|
| Premier Renters |
1.26
|
Endorsement CO 04 90 Personal Property Replacement Cost will be attached to the policy.
This coverage is included in the Premier Plus Policy without an additional premium charge.
*Prior underwriting approval is required for Premier Select policies without 12 months prior insurance.
