In the article Holding Water – Definitions Needed to Understand Water Losses, we defined terms commonly used in both the commercial property policy and the homeowners policy. However, just defining the terms isn’t enough to fully understand the coverage. How the terms are used within the policy, and the surrounding language including exclusions and exceptions, is critical to determining whether a given loss will be covered. In this article, we review the terms as found within the ISO CP 10 30 Causes of Loss Special Form, and explain what that means for coverage.
Already have an account? Sign In Now
For enterprise-wide or corporate access, please contact our Sales Department at 1-800-543-0874 or email [email protected].
Copyright © 2024 ALM Global, LLC. All Rights Reserved.