Dwelling Policies
Under the collapse coverage of the Dwelling Property 3 – Special Form, which condition IS a 'collapse'?
Answer
An abrupt caving in of part of a building so that it cannot be occupied for its current intended purpose
DP 00 03, Other Coverages 7a: 'Collapse means an abrupt falling down or caving in of a building or any part of a building with the result that the building or part of the building cannot be occupied for its current intended purpose.' A building in danger of falling down, a standing part that has separated, and a standing building showing 'cracking, bulging, sagging, bending, leaning, settling, shrinkage or expansion' are each 'not considered to be in a state of collapse.'
Source: ISO Dwelling Property 3 – Special Form DP 00 03 12 02 (as filed by CSAA and posted by the Nevada Division of Insurance), Section I, Other Coverages 7
Not the answer
- A standing wall that shows cracking and bulging
- A wall that is in danger of falling down
- A standing part of a building that has separated from another part
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