OK... if I have a DP1 with extended perils and VMM coverage
by Guest » Mon Aug 17, 2009 10:03 pm
OK... if I have a DP1 with extended perils and VMM coverage is theft one of those perils?
Total Comments: 4
Posted: Fri Sep 09, 2011 03:26 pm Post Subject:
NO
Posted: Fri Sep 09, 2011 05:20 pm Post Subject:
DP1 is a "named-perils" policy and is considered the "1987 Chrysler K Car" in terms of coverage. In other words... not good, not good at all.
Coverage as follows for the dwelling under Coverage A:
Basic Covered Perils: Fire, Lightning and Internal Explosion ONLY
Extended Coverage Perils for additional premium: Remember the acronym "WHARVVES:" Wind, Hail, Aircraft, Riot, Vehicles, Volcano, Explosion and Smoke
Vandalism and Malicious Mischief (V&MM):
Added at additional premium, this will cover losses attributed to "willful and malicious damage" to or destruction of covered property, damage cause by burglars (but NO theft coverage) and loss to glass building blocks, as long as the dwelling has not been vacant more than 30 consecutive days prior to the loss.
Any particular reason you're looking at (or have purchased) a DP-1? You don't get much protection with this policy form, and I would absolutely suggest upgrading to at least a DP-2, or even better- a DP-3.
InsTeacher 8)
Posted: Sun Sep 11, 2011 05:23 am Post Subject:
A DP-1 is typically used by someone who only wants minimum coverage, such as a landlord who rents an unfurnished house or apartment. In such circumstances, the landlord could care less if anything not his was stolen. The V&MM coverage protects against damaged/stolen fixtures (faucets, toilets, cabinets) that would not be covered by a tenant's policy.
Posted: Tue Mar 13, 2018 04:32 pm Post Subject: France - A Dream Home
Living in France is one thing desired by many individuals. If you want to live in France then you have to get French property. You can read the advertisement section of the newspapers which has the section of houses for sale in France. After making a suitable choice, you should research about the properties for sale in France. French property is now a days very much wanted also.
If you want to live in France and spend your life there you should select a proper house. French property is not cheap and you need to make a major investment. You must also know about the properties for sale in France at various locations. The houses for sale in France come in different prices depending on the location
Posted: Fri Sep 09, 2011 03:26 pm Post Subject:
NO
Posted: Fri Sep 09, 2011 05:20 pm Post Subject:
DP1 is a "named-perils" policy and is considered the "1987 Chrysler K Car" in terms of coverage. In other words... not good, not good at all.
Coverage as follows for the dwelling under Coverage A:
Basic Covered Perils: Fire, Lightning and Internal Explosion ONLY
Extended Coverage Perils for additional premium: Remember the acronym "WHARVVES:" Wind, Hail, Aircraft, Riot, Vehicles, Volcano, Explosion and Smoke
Vandalism and Malicious Mischief (V&MM):
Added at additional premium, this will cover losses attributed to "willful and malicious damage" to or destruction of covered property, damage cause by burglars (but NO theft coverage) and loss to glass building blocks, as long as the dwelling has not been vacant more than 30 consecutive days prior to the loss.
Any particular reason you're looking at (or have purchased) a DP-1? You don't get much protection with this policy form, and I would absolutely suggest upgrading to at least a DP-2, or even better- a DP-3.
InsTeacher 8)
Posted: Sun Sep 11, 2011 05:23 am Post Subject:
A DP-1 is typically used by someone who only wants minimum coverage, such as a landlord who rents an unfurnished house or apartment. In such circumstances, the landlord could care less if anything not his was stolen. The V&MM coverage protects against damaged/stolen fixtures (faucets, toilets, cabinets) that would not be covered by a tenant's policy.
Posted: Tue Mar 13, 2018 04:32 pm Post Subject: France - A Dream Home
Living in France is one thing desired by many individuals. If you want to live in France then you have to get French property. You can read the advertisement section of the newspapers which has the section of houses for sale in France. After making a suitable choice, you should research about the properties for sale in France. French property is now a days very much wanted also.
If you want to live in France and spend your life there you should select a proper house. French property is not cheap and you need to make a major investment. You must also know about the properties for sale in France at various locations. The houses for sale in France come in different prices depending on the location
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