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Dwelling Policies

Across
Automatic Increase in Insurance, Broad Theft Coverage, Dwelling Under Construction, Sinkhole Collapse, Condo Unit Owners
Perils not covered in all forms
Specify when coverage will apply
Coverage A
Only open peril form
Policy developed to be used primarily as a property coverage form
Coverage B. Covers things like detached garages, sheds or fences.
Coverage form that expands the causes of loss insured under the basic form with extended coverage perils, and vandalism or malicious mischief
Limited in nature
Defines direct and indirect property coverage
Down
Coverage C
Coverage D. Applies if property under Coverage A, B or C becomes damaged/destroyed by a peril covered in policy
Acronym used to help remember the broad form coverage perils
Applies to all covered losses unless noted otherwise in policy
Water Back Up and Sump Pump Overflow, Limited Theft
States insurer will provide coverage described in policy in return of paid premium
Named peril coverage form that provides most limited coverage; No minimum amount of insurance required
Acronym used to help remember the extended coverage perils