Common use of Customer’s Property Clause in Contracts

Customer’s Property. The provider will only maintain fire and extended coverage on property belonging to the customer while the property is in the provider’s possession. The provider’s liability for this property will not exceed the amount recoverable from insurance. Additional insurance coverage may be obtained if it is requested in writing, and if the premium is paid to the provider.

Appears in 2 contracts

Sources: New Customer Application and Account Agreement, New Customer Application and Account Agreement