Common use of Equipment Breakdown Coverage Clause in Contracts

Equipment Breakdown Coverage. a. Subject to all the “terms” of this endorsement, “we” pay for direct physical damage to “covered dwelling equipment” that is the result of a "dwelling accident". b. The most “we” pay for any “one dwelling accident” is the applicable “limit” of insurance except as shown in item c. below. c. Item b. above does not apply to property described under item 2.a.2) or item 2.a.3) of the definition of “covered dwelling equipment”. The Coverage A “limit” is the most “we” pay for any “one dwelling accident” for damage to property described under item 2.a.2) or item d. The coverage provided by this endorsement does not apply to any property that is not “covered dwelling equipment”, except covered property to the extent it is covered under Spoilage or Green coverage “terms” of this endorsement. e. Except with respect to property described under item 2.a.2) or item 2.a.3) of the definition of “covered dwelling equipment”, the coverage provided by this endorsement does not increase the “limits” that apply to the property covered.

Equipment Breakdown Coverage. a. Subject to all the “terms” of this endorsement, “we” pay for direct physical damage to “covered dwelling equipment” that is the result of a "dwelling accident". b. The most “we” pay for any “one dwelling accident” is the applicable “limit” of insurance except as shown in item c. below. c. Item b. above does not apply to property described under item 2.a.2) or item 2.a.3) of the definition of “covered dwelling equipment”. The Coverage A “limit” is the most “we” pay for any “one dwelling accident” for damage to property described under item 2.a.2) or itemitem 2.a.3) of the definition of “covered dwelling equipment”. This does not increase the Coverage A “limit”. d. The coverage provided by this endorsement does not apply to any property that is not “covered dwelling equipment”, except covered property to the extent it is covered under Spoilage or Green coverage “terms” of this endorsement. e. Except with respect to property described under item 2.a.2) or item 2.a.3) of the definition of “covered dwelling equipment”, the coverage provided by this endorsement does not increase the “limits” that apply to the property covered.