SCHEDULED INLAND MARINE

Transcription

1 SCHEDULED INLAND MARINE INLAND MARINE BINDING LIMITS BICYCLE FLOATER CAMERAS AND PROJECTION MACHINES CAMPING TRAILER FLOATER COMPUTER PROPERTY ENDORSEMENT FINE ARTS FUR FLOATER GOLFER S EQUIPMENT FLOATER GUN FLOATER JEWELRY FLOATER MISCELLANEOUS ARTICLES FLOATER MUSICAL INSTRUMENTS FLOATER RECREATIONAL MOTOR VEHICLE FLOATER SILVERWARE FLOATER SPORTS EQUIPMENT FLOATER STAMP AND COIN COLLECTION FLOATER TOOLS FLOATER JULY 2002 GERMANTOWN MUTUAL INSURANCE COMPANY - UTAH 4.1

2 SCHEDULED INLAND MARINE INLAND MARINE BINDING LIMITS Camping Trailers... Per Item 20,000 Computers... Per Item 5,000 Per Schedule 8,000 Fine Arts... Per Item 5,000 Per Schedule 20,000 Fur Floater... Per Item 7,500 Per Schedule 15,000 Gun Floater... Per Item 2,000 Per Schedule 10,000 Jewelry Floater... Per Item 10,000 Per Schedule 30,000 Miscellaneous Articles Floater... Per Item 5,000 Per Schedule 10,000 Musical Instruments Floater... Per Item 2,500 Per Schedule 10,000 Recreational Motor Vehicle Floater... Per Item 7,500 Per Schedule 20,000 Silverware Floater... Per Schedule 20,000 Stamp & Coin Collection Floater... Per Item 1,000 Per Schedule 10,000 Tools Floater... Per Item 5, GERMANTOWN MUTUAL INSURANCE COMPANY - UTAH JULY 2002

3 BICYCLE FLOATER 1. PURPOSE: To provide broad form coverage on bicycles owned and operated by individuals. 2. COVERAGE: All risks of loss or damage to the described property except as excluded. 3. MAJOR EXCLUSIONS: A. Wear and tear, gradual deterioration, rust, inherent vice, mechanical breakdown, or malfunction; B. Loss or damage by any process or while the property is actually being worked upon and resulting therefrom, unless caused by fire or explosion. 4. TERRITORIAL LIMITS: The coverage is worldwide. 5. SPECIAL CONDITIONS: A. No loss or damage covered by this insurance is collectible hereunder unless such loss or damage exceeds $5.00; (Note: In reference to the above, this is not the usual deductible clause. Any claim for loss or damage exceeding $5.00 will be paid in full.) B. Any theft of property insured that may become a claim hereunder shall be reported as soon as possible to the police. 6. RATES: The annual premium per $ of insurance is $8.50. CAMERAS AND PROJECTION MACHINES 1. PURPOSE: To provide coverage for cameras, projection machines, films, and related articles of equipment. Also, coverage is provided for equipment pertaining to the recording, projection, reproduction, and operation of motion pictures, and property such as films, binoculars, telescopes and microscopes which may be used in conjunction with photographic equipment. Coverage is not provided for television cameras or equipment, video cameras or equipment, coin or token-operated devices, or property of dealers or manufacturers. 2. COVERAGE: All risks of loss or damage to the described property except as excluded. 3. MAJOR EXCLUSIONS: Loss or damage caused by wear and tear, gradual deterioration, insects, vermin or inherent vice. 4. TERRITORIAL LIMITS: The coverage is worldwide. 5. SPECIAL CONDITIONS: When non-commercial rates are being charged, coverage is void if any of the equipment covered is used for compensation of more than $ a year. JULY 2002 GERMANTOWN MUTUAL INSURANCE COMPANY - UTAH 4.3

4 6. RATES: The annual premium per $ of insurance is as follows: Non-Commercial Full Coverage $1.30 With $ Deductible $1.00 Commercial* Full Coverage $1.90 With $ Deductible $1.60 * Commercial rates apply if the insured is engaged in any branch of photography for remuneration. 7. INFORMATION NECESSARY FOR WRITING: B. Address of where property is located; C. Description of each item and amount of insurance to apply on each item. CAMPING TRAILER FLOATER 1. PURPOSE: To provide coverage for camper units. 2. ELIGIBLE TYPES: Two-wheeled trailer with tent or metal assembly, detachable camper unit for use with a pickup truck, collapsible camper unit for use with a station wagon or car, and other camping trailers for which a license is not required by the Motor Vehicle Department, State of Wisconsin. 3. INELIGIBLE TYPES: Any trailer over 27 feet long; built-on camper (non-detachable) units or vantype camper units; and mobile homes (house trailers) used primarily as a permanent or seasonal dwelling. 4. COVERAGE* - PERILS INSURED AGAINST: A. Fire, lightning, explosion and smoke; B. Cyclone, tornado, windstorm and hail; C. Collision, derailment or overturning of transporting conveyance; D. Collapse of bridges; E. Riot or civil commotion; F. Vandalism and malicious mischief; G. Theft; H. Vehicles or aircraft, meaning only direct loss resulting from actual physical contact of a land vehicle or aircraft with property covered; 4.4 GERMANTOWN MUTUAL INSURANCE COMPANY - UTAH JULY 2002

5 I. Collision, upset or overturn of the insured property. * COVERAGE: A $50.00 deductible applies to all losses. 5. MAJOR EXCLUSIONS: A. Loss or damage caused by wear and tear, gradual deterioration, insects, vermin or inherent vice; B. Infidelity of persons entrusted with the property; C. Loss caused by artificially generated electrical currents. 6. TERRITORIAL LIMITS: This insurance covers property within the limits of the Continental United States and Canada. 7. RATES: The annual premium per $ of insurance is $2.00. COMPUTER PROPERTY ENDORSEMENT 1. PURPOSE: To provide coverage for computers that are primarily used in the home for personal use, but are also occasionally used for business purposes. Coverage is provided for the basic unit and also for data and media which can be readily commercially purchased. 2. COVERAGE: All risk of physical loss or damage unless specifically excluded. 3. SCHEDULE REQUIREMENTS: We will provide blanket coverage for all equipment, data, and media up to $2,000. Coverage must be written on a scheduled basis if the total values exceed this amount. When written on a scheduled basis, we require a complete listing of hardware and software including make, model, serial number, and value. 4. WHERE COVERAGE APPLIES: Property is covered while at the insured location or insured premises as described in the policy. The property is also covered while temporarily away from this location or premise provided that the insured owns the property. 5. IMPORTANT: As the endorsement provides replacement cost coverage, the insured is required to maintain coverage equal to 80 percent (80%) of replacement cost. If the amount of coverage is inadequate at the time of loss, there will be a proportionate reduction on recovery. 6. RATES: The annual premium per $100 of insurance is as follows: With $100 Deductible $.75 With $250 Deductible $.60 With $500 Deductible $.50 JULY 2002 GERMANTOWN MUTUAL INSURANCE COMPANY - UTAH 4.5

6 7. INFORMATION NECESSARY FOR WRITING: FINE ARTS B. Address of where property is located; C. If subject to scheduling, a description of each item and an amount of insurance to apply on each item. 1. PURPOSE: To provide coverage for paintings, etchings, pictures, tapestries, and other bonafide works of art (such as valuable statuary, marbles, bronzes, antique furniture, rare books, antique silver, manuscripts, porcelains, rare glass, and bric-a-brac) of rarity, historical value, or artistic merit. 2. COVERAGE: All risks of loss or damage to the described property except as excluded. 3. MAJOR EXCLUSIONS: A. Loss or damage occasioned by wear and tear, gradual deterioration, insects, vermin, inherent vice or damage sustained due to and resulting from any repairing, restoration or retouching process; B. Breakage of art glass windows, statuary, marbles, glassware, bric-a-brac, porcelains, and similar fragile articles, unless caused by fire, lightning, aircraft, theft and/or attempted theft, cyclone, tornado, windstorm, earthquake, flood, explosion, malicious damage or collision, derailment, overturn, or conveyance, unless endorsed hereon. 4. TERRITORIAL LIMITS AND STATEMENT OF LOCATION: This insurance covers the property within the limits of the continental United States, Hawaii, and Canada. We do not insure loss, from any cause, to property on exhibition at fair grounds or premises of national or international expositions, unless those premises are specifically covered by the policy. 5. ELIGIBLE PROPERTY: Private collections owned by individuals. Refer to Company if private collection is owned by any firm, corporation, association, university college or school. 6. INELIGIBLE PROPERTY: Property owned by dealers, commercial risks, museums, art galleries or art institutions. 7. OPTIONAL: Breakage coverage of fragile articles such as statuary, marbles, glassware, bric-a-brac, porcelains, etc. (See additional rate to include this coverage.) 4.6 GERMANTOWN MUTUAL INSURANCE COMPANY - UTAH JULY 2002

7 8. RATES: The annual premium per $ of insurance is as follows: Full Coverage $0.37 With $ Deductible $0.33 Additional Rate to include breakage coverage: Full Coverage $0.30 With $ Deductible $0.27 The above rates apply to all property located in residential premises and for all classes of fire protection. 9. NECESSARY INFORMATION FOR WRITING: B. Address of where property is located; C. Description of each item and amount of insurance to apply on each item; D. Current appraisal or bill of sale on any item valued at $1, or more. FUR FLOATER 1. PURPOSE: To provide coverage for furs and garments trimmed with fur or consisting principally of fur. 2. COVERAGE: All risks of loss or damage to the described property except as excluded. 3. MAJOR EXCLUSIONS: Wear and tear, gradual deterioration, insects, vermin and inherent vice. 4. TERRITORIAL LIMITS: The coverage is worldwide. 5. RATES: The annual premium per $ of insurance is $ INFORMATION NECESSARY FOR WRITING: B. Schedule of items to be insured; C. Amount of insurance on each item; D. Current appraisal or bill of sale on any item valued at $1, or more. GOLFER S EQUIPMENT FLOATER 1. PURPOSE: To provide coverage for golfer s equipment belonging to and used or worn by the insured consisting of golf clubs, golf clothing, and golf equipment, not held for resale. 2. PROPERTY NOT COVERED: Money, watches, jewelry or other similar valuable articles. JULY 2002 GERMANTOWN MUTUAL INSURANCE COMPANY - UTAH 4.7

8 3. COVERAGE: All risks of loss or damage, except for golf balls which are covered for loss by fire or burglary provided there are visible marks of forcible entry into the building, room or locker. 4. MAJOR EXCLUSIONS: A. Wear and tear, gradual deterioration, or inherent vice; B. Insects and vermin; 5. TERRITORIAL LIMITS: The coverage is worldwide. 6. RATES: The annual premium per $ of insurance is as follows: Full Coverage $3.00 With $ Deductible $ INFORMATION NECESSARY FOR WRITING: B. Description/brand of golf clubs, age, etc.; C. Blanket amount of insurance. GUN FLOATER 1. PURPOSE: To provide coverage for owners of guns and accessories, used for hunting, hobby or private collection purposes. 2. COVERAGE: All risks of loss or damage to the described property except as excluded. 3. MAJOR EXCLUSIONS: A. Loss or damage resulting from the use of the property for its intended purposes; B. Loss or damage caused by dampness or extremes of temperature; any refinishing, renovating or repairing process, mechanical breakdown, rust, fouling, explosion, marring, scratching, tearing or denting; C. Any dishonest act by an insured, insured s employee(s), or persons entrusted with the property. 4. TERRITORIAL LIMITS: This insurance covers property while within the limits of the continental United States, Hawaii, Puerto Rico, and Canada. 5. INELIGIBLE PROPERTY: Dealers are not eligible. 6. RATES: The annual premium per $ of insurance is as follows: Full Coverage $2.00 With $ Deductible $ GERMANTOWN MUTUAL INSURANCE COMPANY - UTAH JULY 2002

9 7. INFORMATION NECESSARY FOR WRITING: B. Location where guns are usually kept; C. Description-schedule of guns; D. Amount of insurance on each gun; E. Current appraisal or bill of sale on any gun valued at $1, or more. JEWELRY FLOATER 1. PURPOSE: To provide broad form coverage for personal jewelry. 2. COVERAGE: All risks of loss or damage to the described property except as excluded. 3. MAJOR EXCLUSIONS: Wear and tear, gradual deterioration, inherent vice, insects or vermin. 4. TERRITORIAL LIMITS: The coverage is worldwide. 5. RATES: The annual premium per $ of insurance is as follows: $ $ $ Deductible Deductible Deductible $ 1.20 $ 1.00 $ INFORMATION NECESSARY FOR WRITING: B. Schedule of items to be insured; C. Amount of insurance on each item; D. Current appraisal or bill of sale on any item valued at $1, or more. MISCELLANEOUS ARTICLES FLOATER 1. PURPOSE: To provide named perils or all risks coverage for the following: movable or floating equipment, or articles of practically every description, which are ordinarily (or frequently) used in places other than the insured s premises (but including coverage while in the insured s premises), and not elsewhere provided for in this rate manual. Rate and minimum premiums depend upon the coverage afforded, type of property, hazards, loss experience, etc. Examples of items eligible for coverage include: A. Adding-Calculating Machines and Typewriters B. Fire Fighting Equipment JULY 2002 GERMANTOWN MUTUAL INSURANCE COMPANY - UTAH 4.9

10 C. Generators-Portable D. Hearing Aids E. Hobby Equipment F. Iron Lungs G. Lawn Mowers-Power H. Paint Sprayers I. Parking Meters J. Pumps-Portable K. Sanding Machines L. Scientific Instruments M. Searchlights N. Spray Machines O. Surveyor s Instruments P. All other similar property of a mobile or floating nature 2. MAJOR EXCLUSIONS: A. Loss caused by wear, tear, gradual deterioration, insects, vermin or inherent vice; B. Infidelity of persons entrusted with the property. 3. SPECIAL CONDITIONS: Schedules of more than $1, value may be submitted to the home office for consideration of special rating. 4. RATES: The annual premium per $ of insurance is as follows: Specified Perils With Theft Full Coverage $2.00 With $ Deductible $1.80 With $ Deductible $1.60 With $ Deductible $ GERMANTOWN MUTUAL INSURANCE COMPANY - UTAH JULY 2002

11 All Risk With $ Deductible $2.40 With $ Deductible $2.20 With $ Deductible $2.00 With $ Deductible $ INFORMATION NECESSARY FOR WRITING: B. Effective date and term of policy; C. Amount of insurance a. Description of each article or group; b. Amount of insurance to apply to each. D. Perils to be insured against a. Specified perils-with theft; b. All risk. MUSICAL INSTRUMENTS FLOATER 1. PURPOSE: To provide coverage for musical instruments and related equipment. Sheet music can be included as eligible property. 2. IMPORTANT: Select proper category as below, note deductibles where applicable, and limited coverage available for professional dance bands, orchestras, etc., category. CLASS - NON-PROFESSIONAL: This category applies to musical instruments owned by individuals and not played for remuneration. COVERAGE: All risk of loss or damage to the described property except as excluded. RATES: The annual premium per $ of insurance is as follows: Full Coverage $1.10 With $ Deductible $1.00 CLASS - PROFESSIONAL: Dance bands, dance orchestras, etc. COVERAGE: Limited Form - $50.00 deductible, perils of fire, lightning, cyclone, tornado, flood, theft or accident to a conveying vehicle. EXCLUSION - IMPORTANT: With respect to loss by theft, we do not cover loss to the property while unattended in or on any vehicle. JULY 2002 GERMANTOWN MUTUAL INSURANCE COMPANY - UTAH 4.11

12 RATES: The annual premium per $ of insurance is as follows: With $50.00 Deductible $2.50 (No other deductible options) 3. TERRITORIAL LIMITS: The coverage is worldwide. 4. SPECIAL CONDITIONS: When non-commercial rates are being charged, coverage is void if any of the equipment covered is used for compensation of more than $ a year. 5. INFORMATION NECESSARY FOR WRITING: B. Schedule of musical instruments; C. Amount of insurance on each item; D. Non-professional or professional use. RECREATIONAL MOTOR VEHICLE FLOATER 1. PURPOSE: To provide coverage on snowmobiles, golfmobiles, all-terrain vehicles (ATVs), mini bikes, and other recreational motor vehicles, including their trailers and equipment. 2. COVERAGE - PERILS INSURED AGAINST: A. Fire, lightning, explosion; B. Cyclone, tornado, windstorm and hail; C. Vandalism and malicious mischief; D Theft; E. Collision, overturn or upset of any transporting conveyance; F. Collision or upset of property insured. 3. MAJOR EXCLUSIONS: Loss caused directly or indirectly from: A. Property rented to others; B. Being operated in any official race or speed contest; C. Wear and tear, gradual deterioration, insects, vermin or inherent vice; D. Infidelity of persons entrusted with the property. 4. TERRITORIAL LIMITS: Within the limits of the continental United States and Canada GERMANTOWN MUTUAL INSURANCE COMPANY - UTAH JULY 2002

13 5. INELIGIBLE PROPERTY: A. Recreational vehicles which are subject to motor vehicle registration. B. Three wheel all terrain vehicles C. Snowmobiles over 700cc engine size 6. RATES: The annual premium per $ of insurance is: A. Recreational Vehicles (Other than Snowmobiles) With $ Deductible $3.00 With $ Deductible $2.50 With $ Deductible $2.25 With $ Deductible $2.15 B. Snowmobiles Engine Size (cc s) Deductible 575 or less $50.00 $3.00 $4.00 $ INFORMATION NECESSARY FOR WRITING: A. The names of all operators, their dates of birth and drivers license numbers. B. Description - make, serial number, date of purchase, cost, amount of insurance on each vehicle and each trailer. SILVERWARE FLOATER 1. PURPOSE: To provide coverage for silverware, silver-plated ware, goldware, gold-plated ware and pewterware. 2. PROPERTY NOT COVERED: Pens, pencils, flasks, smoking implements or jewelry. 3. COVERAGE: All risk of loss or damage to the described property except as excluded. 4. MAJOR EXCLUSIONS: Wear and tear, gradual deterioration, inherent vice, insects or vermin. 5. TERRITORIAL LIMITS: The coverage is worldwide. JULY 2002 GERMANTOWN MUTUAL INSURANCE COMPANY - UTAH 4.13

14 6. RATES: The annual premium per $ of insurance (full coverage) is as follows: First $5, of Schedule $0.20 Second $5, of Schedule $0.30 Third $5, of Schedule $0.40 Over $15, Refer to Company 7. INFORMATION NECESSARY FOR WRITING: B. Furnish schedule of items including the manufacturer, pattern, and the number of silverware pieces. SPORTS EQUIPMENT FLOATER 1. PURPOSE: To provide coverage for those people engaged in athletic or other activities. Coverage is available for equipment used for archery, bowling, camping, fishing, riding, water skiing, winter sports, and similar equipment. 2. COVERAGE: All risks of loss or damage to the described property except as excluded. 3. MAJOR EXCLUSIONS: A. Loss or damage resulting from the use of the property for its intended purpose; B. Loss or damage caused by dampness or extremes of temperature, any refinishing, renovating or repairing process, mechanical breakdown, rust, fouling, explosion, marring, scratching,tearing, or denting; C. Any dishonest act by an insured, insured s employee(s) or persons entrusted with the property. 4. TERRITORIAL LIMITS: This insurance covers property while within the limits of the continental United States, Hawaii, Puerto Rico and Canada. 5. INELIGIBLE PROPERTY: Boats and outboard motors, bicycles, guns, and golf equipment cannot be covered on this form. Refer to other sections of this manual for coverage on these items. 6. RATES: The annual premium per $ of insurance is as follows: Full Coverage $2.00 With $ Deductible $1.80 With $ Deductible $ INFORMATION NECESSARY FOR WRITING: B. Effective date of the policy; 4.14 GERMANTOWN MUTUAL INSURANCE COMPANY - UTAH JULY 2002

15 C. Schedule of items-amount of insurance; D. Desired deductible, if any. STAMP AND COIN COLLECTION FLOATER 1. PURPOSE: To provide coverage for individuals who have a valuable collection of stamps or rare and current coins for hobby or private collection purposes. 2. COVERAGE: All risks of loss or damage to the described property except as excluded. 3. MAJOR EXCLUSIONS: Refer to form. 4. SCHEDULE REQUIREMENTS: We will provide $1, insurance on stamps and $1, on coins on a blanket basis (as per categories below). If value of either category exceeds $1,000.00, schedule must be furnished. A. On postage stamps including due, envelope, official revenue, match and medicine stamps, covers, locals, reprints, essays, proofs and other philatelic property owned by or in custody or control of the insured, including the books, pages and mountings thereof; B. On rare and current coins, medals, paper money bank notes, tokens of money and other numismatic property owned by or in custody or control of the insured, including coin albums, containers, frames, cards, and display cabinets in use with such collection. 5. TERRITORIAL LIMITS: The coverage is worldwide. 6. SPECIAL CONDITIONS: When a coin collection is covered on a blanket basis, we pay the cash market value at time of loss, but not more than $1,000.00, for the entire collection or $ for any single item in the collection. 7. RATES: The annual premium per $ of insurance is $1.25 for full coverage. 8. INFORMATION NECESSARY FOR WRITING: B. Location where property is kept; C. Blanket insurance - furnish general description of coins or stamps; D. Schedule of items - value in excess of $1, TOOLS FLOATER 1. PURPOSE: To provide coverage for small hand and/or power tools (including kits) that are the property of the insured. JULY 2002 GERMANTOWN MUTUAL INSURANCE COMPANY - UTAH 4.15

16 2. COVERAGE: A. Fire and lightning; B. Explosion; C. Cyclone, tornado, windstorm and hail; D. Flood; E. Collision, overturn or upset of any transporting conveyance; F. Theft. 3. MAJOR EXCLUSIONS: A. Wear and tear, gradual deterioration, insects, vermin or inherent vice; B. Infidelity of persons entrusted with the property. 4. TERRITORIAL LIMITS: Within the limits of the continental United States (excluding Alaska and the Panama Canal Zone), and Canada. 5. AMOUNT OF INSURANCE: As the policy provides coverage for a blanket amount of insurance, the policy contains a 100% coinsurance clause requiring that the insurance amount equals the full value of the property covered. It is not necessary to furnish a schedule of the items to be insured. 6. RATES: The annual premium per $ of insurance is as follows: Full Coverage $2.50 With $ Deductible $2.25 With $ Deductible $ UNDERWRITING AND SELLING: This form was designed for a limited amount of personally owned tools (approximately $2,500.00). It cannot be used for business-owned equipment where large schedules are involved. Should you have an occasional need in excess of $2, (not to exceed $5,000.00), please submit your request with a listing of any items valued at $ or more for our review. 8. INFORMATION NECESSARY FOR WRITING: B. Effective date and term of policy; C. Description of the group of property to be insured and amount of insurance to apply; D. Trade or business of insured GERMANTOWN MUTUAL INSURANCE COMPANY - UTAH JULY 2002

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