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Businessowners Coverage (Chapter 13)

Terms in this set (64)

1. Buildings, meaning buildings and structures at the premises described in the Declarations, including:
1. Completed additions
2. Fixtures, including outdoor fixtures
3. Permanently installed machinery and equipment
4. The insured's personal property in apartments, rooms,
or common areas furnished by the insured as landlord
5. Personal property owned by the insured that is used to
maintain or service the buildings or structures or the
premises (including: fire fighting equipment; outdoor
furniture; floor coverings; and appliances used for
refrigerating, ventilating, cooking, dishwashing, or
laundering.)
6. If not covered by other insurance: additions under
construction, alterations and repairs to the buildings or
structures; materials, equipment, supplies, and
temporary structures, on or within 100 feet of the
described premises
2. Business Personal Property located in or on the buildings at the described premises or in the open (or in a vehicle) within 100 feet of the premises, including:
1. Property the insured owns that is used in the insured's
business
2. Property of others that is in the insured's care, custody,
or control
3. Tenant's improvements and betterments (improvements
and betterments are fixtures, alterations, installations, or
additions made a part of the building or structure that
the tenant occupies but does not own; includes
structures the tenant acquired or made at their
expense, but cannot legally remove)
4. Leased personal property the insured has a legal
responsibility to insure