Common use of Personal Liability Coverage Clause in Contracts

Personal Liability Coverage. In consideration of the premium stated in the Declarations Page, and subject to the items, provisions, and conditions thereof: Unless stated on the Declarations Page, it is understood and agreed: a) You own no Residence Premises other than the principal residence maintained by you; b) You own no watercraft: i) Equipped with an outboard motor rated more than 25 hp. (19 kW); ii) Equipped with an inboard motor rated more than 50 hp (36 kW); iii) Of any other type over 26 feet (8m) in overall length. c) You own no draft or saddle animals; d) No business, or occupational pursuits are conducted on the premises; e) There are no permanent in-servants, out-servants, or private chauffeurs ; f) There are no elevators, escalators or inclinators on the premises; g) There is no swimming, or wading pools over 30 inches (75cm) in depth.