Coverage A1, A2, A3 - Condominium Unit

Question 1

What is coverage A1?

Answer 1

Coverage A1 - unit
Applicable to condominium unit owner only
(Uninsured or under insured)

(Backup Coverage)

Question 2

What does coverage A1 insure?

Answer 2

*improvements and betterment up to & 100,000
* 2 and 3 of coverage A

Question 3

What is coverage A2

Answer 3

Coverage A2- loss of assessment
- backup coverage for common area property damage.

Question 4

What does coverage A2 include

Answer 4

Special assessment up to $10,000.

Direct loss collectively owned caused by peril insured by this policy.

Question 5

What is coverage A3?

Answer 5

Coverage A3 - Improvements and betterments

Question 6

What does coverage A3 insured

Answer 6

Up to an additional amount of 100% of the limit of insurance on coverage A1 for improvements and betterments to your unit.

Includes: building, swimming pools, hot tub, sauna and attached equipment. Materials and supplies for improvements and betterments.