Dwelling

This coverage applies to the insured's real property, which is the unit. Coverage is provided on a named perils basis and is separated into four categories.

The first category includes alterations, appliances, fixtures, and improvements that are part of the building and contained within the residence premises such as built-in appliances and cabinets, electrical fixtures, and similar items of this nature.

The second category relates to items of real property that pertain exclusively to the residence premises, such as exterior glass or trees and shrubs that may be located on a patio that is part of the residence premises.

The third category includes property that is the responsibility of the unit owner to insure under an agreement of a corporation or association of property owners. Insurance for this category of property provides coverage for any portion of the common areas of the building that the association agreement states is the insurance responsibility of the unit owner.

The final category of property relates to structures owned solely by the insured at the location of the residence premises but are not a part of the residence premises. This category could include a private garage that was not attached to the residence premises but located elsewhere in the condominium complex.

The basic limit of liability under coverage A is $1,000, which can be increased if necessary. If the association or cooperative insurance policy is written on a bare walls basis, then the unit owner would have to provide coverage for the entire interior of the unit. It is important for the unit owner to review the condominium or cooperative association's coverage to determine if the basic limit for Coverage A of the H0-6 policy is adequate.

Personal Property

This coverage limit applies to the personal property of the unit owner. The limit of insurance is selected by the unit owner. The unit owner's personal property may include such items as furniture, clothing, television and stereo equipment, books, records compact discs and tapes. It could also include any items not considered part of the building structure. Items such as carpeting, if placed over finished flooring, would be considered personal property, but carpeting placed wall to wall over a rough subfloor or concrete slab is usually considered part of the building.

Loss of Use

This coverage is provided if a loss is caused by an insured peril to covered property or to the building containing the property, if it makes the residence premises unfit to live in. The limit of insurance is 40 percent of Coverage C limit.

Personal Liability

This provides coverage if a claim is made or suit is brought against the insured because of bodily injury or property damage caused by a covered occurrence. Personal liability has a basic limit of $100,000 per occurrence, which can be increased for an additional premium.

Medical Payments

This coverage will pay the necessary medical expenses that are incurred or medically ascertained within three years from the date of an accident causing bodily injury to someone other than an insured. Coverage applies to accidents that occur on the insured premises, or any location, when caused by action of the insured.

Endorsements

The following endorsements relate specifically to the HO-6 policy.