May, 2003
Summary: These pages examine section I (property) homeowners coverage in the most recent ISO program, the homeowners 2000. Included in the homeowners 2000 program is comprehensive form HO 00 05 10 00, which gives special perils coverage on personal property, and broader coverage for items included in the special limits of liability. Where relevant, significant differences between the current 2000 edition and the 1991 edition are indicated.
This discussion focuses on the principal coverage agreements (coverages A, B, C, D, and the additional coverages) of the homeowners policy.
Topics covered:
Limits of liability
Section I coverages—overview
Deductible
Coverage A—dwelling
Coverage B—other structures
Coverage C—personal property
Special limits of liability
How the deductible applies to the special limits
Property not covered
Business property exclusions
Coverage D—loss of use
Additional coverages
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