House, Condo,/Coops, Renters
- Tree removal coverage. New coverage of $1,000 for removal of trees fallen due to wind, hail, sleet or the weight of ice or snow which do not damage covered property.
- Fire department charges. Fire department charges increased from $500 to $1,000.
Deluxe, Standard and Fire Contents
- Business property coverage. The business property limit has been increased to $25,000. In addition, business no longer has to be incidental or conducted at the residence premises. A $2,500 sublimit applies to covered losses occurring away from the residence and insured owns or lives at.
- Food spoilage coverage. New coverage for food spoilage caused by off premises power interruption, interruption of premises power supply and mechanical breakdown of refrigeration equipment. A $250 deductible applies.
- Silver special limit. Special limit for silverware is increased (not applicable to Fire Contents) from $5,000 to $10,000.
- Electronic data restoration. Data replacement has been renamed “Electronic data restoration” and expanded to cover software anywhere in the world and to replace or recreate personal data as a result of a computer virus.
- Partial loss. Revised to include payment for loss in value after a covered loss if the market value of the item before the loss is less than the amount of coverage for that item.
- If a loss is covered under both the Contents and Valuable Articles policies, the amount of coverage will equal the combined total of both coverages. For instance, if the market value of a painting at the time of loss exceeds the coverage afforded by the Valuable Articles policy, additional coverage will now be available through the Contents policy subject to policy restrictions. No coverage is afforded under Contents if the valuable articles are insured with another carrier.
- Kidnap expenses. We will pay up to $100,000 for specifically defined kidnap expenses and up to $25,000 for information leading to the arrest and conviction of the kidnapper.
- Identify fraud coverage. Identify fraud expenses coverage up to a maximum of $25,000 for each identify fraud occurrence. For example, another person unlawfully uses the insured’s social security number for his own gain. The insured may incur expenses in order to clear the damage to his credit. A $500 deductible applied to each occurrence.
- Credit card. Coverage included theft of credit card number on the Internet. The above is a brief description only. Consult Contact Guide for actual coverage, deductible, exclusions and additional changes to Policy Terms.