Common use of Building Additions And Alterations Clause in Contracts

Building Additions And Alterations. We will pay, under Coverage B, for a loss insured to building ad- ditions, alterations, fixtures, improvements, or instal- lations made or acquired at your expense. The following conditions apply: a. This coverage applies only to that part of the resi- dence premises used exclusively by you; and b. The limit for this coverage will not exceed 15% of the limit of liability shown in the Declarations for COVERAGE B – PERSONAL PROPERTY. This coverage does not increase the Coverage B limit.

Appears in 2 contracts

Sources: Renters Insurance Policy, Renters Insurance Policy

Building Additions And Alterations. We will pay, under Coverage B, for a loss insured to building ad- ditions, alterations, fixtures, improvements, or instal- lations made or acquired at your expense. The following conditions apply:apply:‌‌‌ a. This coverage applies only to that part of the resi- dence premises used exclusively by you; andand‌‌ b. The limit for this coverage will not exceed 15% of the limit of liability shown in the Declarations for COVERAGE B – PERSONAL PROPERTY. This coverage does not increase the Coverage B limit.limit.‌

Appears in 1 contract

Sources: Renters Policy