What it does
Replacement-cost counterpart of HO 04 92 for described off-premises structures.
Who needs it
Homeowners with valuable off-premises structures in 2022-program states.
Quoting and selling notes
- Business and rental structures remain ineligible.
- Get a separate value for each structure; the scheduled amount is the most the policy pays for that building.
Editions and availability
Editions in use and where they apply: 03 22 (41 jurisdictions).
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.
