What it does
Covers each described structure away from the residence premises for its scheduled amount on an ACV basis.
Who needs it
Homeowners with specific off-premises structures used with the residence.
Key provisions and limits
- Insurers typically exclude dwellings, structures that could be used as dwellings, and structures used for business or rented to others.
Quoting and selling notes
- For replacement cost use HO 06 92.
Editions and availability
Editions in use and where they apply: 03 22 (41 jurisdictions); 02 17 (10 jurisdictions: AL, CA, CT, FL, GA, HI, LA, NC, TX, VI); 10 00 (1 jurisdiction: PR).
Section II changes affect umbrella placement. The ISO personal umbrella (DL 98 01) needs its own excess endorsements for business pursuits, home business, home day care and home-sharing exposures, so confirm the umbrella responds before relying on a homeowners endorsement for a business-type exposure.
