Common use of Special Limits Of Liability Clause in Contracts

Special Limits Of Liability. The special limit for each category shown below is the total limit for each loss for all property in that category. These special limits do not increase the Coverage C limit of liability. a. $200 on money, bank notes, bullion, gold other than goldware, silver other than silver- ware, platinum other than platinumware, coins, medals, scrip, stored value cards and smart cards. b. $1,000 on securities, accounts, deeds, evidences of debt, letters of credit, notes other than bank notes, manuscripts, personal records, passports, tickets and stamps. This dollar limit applies to these categories regardless of the medium (such as paper or computer software) on which the material exists. This limit includes the cost to research, replace or restore the information from the lost or damaged material. c. $1,000 on watercraft of all types, including their trailers, furnishings, equipment and outboard engines or motors. d. $1,000 on trailers or semi-trailers not used with watercraft of all types. e. $1,000 for loss by theft of jewelry, watches, furs, precious and semiprecious stones. f. $500 for loss by theft of firearms. g. $2,500 for loss by theft of silverware, silver- plated ware, goldware, gold-plated ware, platinumware, platinum-plated ware and pewterware. This includes flatware, hollow- ware, tea sets, trays and trophies made of or including silver, gold or pewter. h. $2,500 on property, on the “residence premises”, used primarily for “business” purposes. i. $1,000 on property, away from the “residence premises”, used primarily for “business” purposes. However, this limit does not apply to antennas, tapes, wires, records, disks or other media that are: (1) Used with electronic equipment that reproduces, receives or transmits audio, visual or data signals; and (2) In or upon a “motor vehicle”. j. $1,000 on portable electronic equipment that: (1) Reproduces, receives or transmits audio, visual or data signals; (2) Is designed to be operated by more than one power source, one of which is a “motor vehicle’s” electrical system; and (3) Is in or upon a “motor vehicle”. k. $250 for antennas, tapes, wires, records, disks or other media that are: (1) Used with electronic equipment that reproduces, receives or transmits audio, visual or data signals; and (2) In or upon a “motor vehicle”. l. $5,000 on owned “computer equipment” located on the “residence premises” or at an “insured” student’s residence. $2,000 on owned “computer equipment” away from the “residence premises”. “Computer equipment” means:

Special Limits Of Liability. The special limit for each category shown below is the total limit for each loss for all property in that category. These special limits do not increase the Coverage C limit of liability. a. $200 on money, bank notes, bullion, gold other than goldware, silver other than silver- ware, platinum other than platinumware, coins, medals, scrip, stored value cards and smart cards. b. $1,000 on securities, accounts, deeds, evidences of debt, letters of credit, notes other than bank notes, manuscripts, personal records, passports, tickets and stamps. This dollar limit applies to these categories regardless regard-less of the medium (such as paper or computer software) on which the material exists. This limit includes the cost to research, replace or restore the information from the lost or damaged material. c. $1,000 on watercraft of all types, including their trailers, furnishings, equipment and outboard engines or motors. d. $1,000 on trailers or semi-trailers not used with watercraft of all types. e. $1,000 for loss by theft of jewelry, watches, furs, precious and semiprecious stones. f. $500 for loss by theft of firearms. g. $2,500 for loss by theft of silverware, silver- plated ware, goldware, gold-plated ware, platinumware, platinum-plated ware and pewterware. This includes flatware, hollow- ware, tea sets, trays and trophies made of or including silver, gold or pewter. h. $2,500 on property, on the “residence premises”, used primarily for “business” purposes. i. $1,000 on property, away from the “residence premises”, used primarily for “business” purposes. However, this limit does not apply to antennas, tapes, wires, records, disks or other media that are: (1) Used with electronic equipment that reproduces, receives or transmits audio, visual or data signals; and (2) In or upon a “motor vehicle”. j. $1,000 on portable electronic equipment that: (1) Reproduces, receives or transmits audio, visual or data signals; (2) Is designed to be operated by more than one power source, one of which is a “motor vehicle’s” electrical system; and (3) Is in or upon a “motor vehicle”. k. $250 for antennas, tapes, wires, records, disks or other media that are: (1) Used with electronic equipment that reproduces, receives or transmits audio, visual or data signals; and (2) In or upon a “motor vehicle”. l. $5,000 on owned “computer equipment” located on the “residence premises” or at an “insured” student’s residence. $2,000 on owned “computer equipment” away from the “residence premises”. “Computer equipment” means: