RULE 35.6B - PERMITTED INCIDENTAL OCCUPANCIES - RESIDENCE PREMISES (CO 04 42)
Applies
to: Premier - YES, Premier Plus - YES, Premier Select - YES,
Premier Condo - YES, Premier Renters - YES
The policy may be endorsed to provide Section I - Property Coverages and Section II - Liability Coverage when the insured maintains an office, professional, private school or studio in the dwelling or in another structure on the residence premises.
The endorsement provides that property of the permitted business is covered up to the Coverage C - Personal Property limit. This endorsement does not increase the Coverage C - Personal Property limit. If this limit needs to be increased, refer to Rule 35.3A.
If the permitted business is located in another structure, Coverage B - Other Structures does not apply to that structure. To add Coverage B - Other Structures to include that structure, the additional premium is $4 per $1,000 of coverage.
The additional premium for the Increased Coverages E - Personal Liability and F - Medical Payments to Others exposure must also be calculated in accordance with Rule 35.9G.
Endorsement CO 04 42 Permitted Incidental Occupancies - Residences Premises will be attached to the policy.
