Insurance in TX by Kinnaird, Rossander and Perry Agency, Inc.

Texas Homeowner Policy Forms - Coverage Comparison

HO-A Named Peril Coverage for Dwelling and Personal Property Covered Dwelling and Personal Property losses settled on an Actual Cash Value basis as indicated in the policy Provides 10% of Dwelling Amount for Additional Living Allowance Expense	HO-B All Peril Coverage for Dwelling (unless the loss is excluded), Named Peril Coverage for Personal Property Covered Dwelling losses settled on a Replacement Cost basis as indicated in the policy Optional Replacement Cost Endorsement for Personal Property available Provides 20% of Dwelling Amount for Additional Living Allowance Expense
Covered Perils – Dwelling & Personal Property Fire & Lightning Sudden & Accidental Damage from Smoke Windstorm, Hurricane, & Hail Explosion Aircraft & Vehicles Vandalism & Malicious Mischief Riot & Civil Commotion Theft	Covered Perils – Personal Property Fire & Lightning Sudden & Accidental Damage from Windstorm, Hurricane, & Hail Explosion Aircraft & Vehicles Vandalism & Malicious Mischief Riot & Civil Commotion Theft Collapse of Building Accidental Discharge, Leakage, or Overflow of Water or Steam Falling Objects Freezing “We do cover ensuing loss caused by collapse of building or any part of the building, water damage or breakage of glass which is part of the building if the loss would otherwise be covered under policy.”
Exclusions Flood Water Government Actions Building Laws (over policy limit) War Damage Nuclear Damage All Other Perils not listed as “Covered Perils” (including, but not limited to, for example, water and mold, rust, rot or other fungi)	Exclusions Flood Water Government Actions Building Laws (over policy limit) War Damage Nuclear Damage Mechanical Breakdown Wear & Tear Rust, Rot, Mold, or other Fungi Dampness, Extreme Temperatures Contamination Rats, Mice, Termites, Moths, Insects Animals or Birds “We do not cover loss under Coverage A (Dwelling) caused by settling, cracking, bulging, shrinkage, or expansion of foundations, walls, floors, ceilings, roof structures, walks, drives, curbs, fences, retaining walls, or swimming pools.”

This is neither a contract nor any part of a contract. It is meant as a summary description providing a broad overview of the Texas HO-A and HO-B policy forms. Coverage under any policy is subject to the specific terms, conditions and exclusions applicable to that policy. You should carefully read all applicable policy forms, endorsements and declarations pages to completely understand the coverage available under any homeowners insurance policy. 10/01

Kinnaird, Rossander and Perry Agency, Inc. | 104 North Lamar Suite Box 351 | Eastland, TX 76448 | 254-629-3933

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