RMIN 5100S Chapter 3: CPCU Chapter 3

• School: University of Georgia
• Department: Risk Management and Insurance
• Course: RMIN 5100S
• Professor: Atkinson

Document Summary

Everyone who gets the bpp gets these additional coverages. The old iso edition did not cover any debris resulting from a non-covered cause of loss or non-covered property. In 2012 it was broadened to include other debris that is on the described premises as long as it occurs from a covered cause of loss. This can be increased by an endorsement. Removal additional coverage: no coverage for off-premises pollution. Debris removal expense will only be paid if insurer is notified in writing within 180 days after the physical damage. Protects covered property while it is being moved and for up to 30 days at the new location. When property must be moved to be protected from further damage it will be covered for any direct physical loss or damage. Not limited to the covered cause of loss or location. Some fire departments make a charge for its services.