Description
- Coverage — “We” cover direct physical loss or damage to covered property caused by or resulting from a “named storm” or water damage due to Named Storm.
- Coverage Limitations — “We” only cover loss caused by a “named storm” when “limits” are indicated on the Schedule.
- Limit — The following “limits” apply to loss or damage caused by or resulting from a “Named Storm”:
1) Location Limit — The most “we” pay in any one occurrence for loss to covered property at any one location is the named Storm Location Limit indicated on the Schedule.
2) Occurrence Limit — The most “we” pay in any one occurrence for loss to covered property at all locations is the Named Storm Occurrence Limit indicated on the Schedule.
3) Catastrophe Limit — The most “we” pay for all losses to covered property at all locations during each separate 12-month period of this policy is the Named Storm Catastrophe Limit indicated on the Schedule.Deductible — “We” pay only that part of “your” loss over the deductible amount indicated on the Schedule in any one occurrence. Deductible for Named Storm is $250.
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