COVERAGE COMPARISON DP 1 DP 2 DP 3 HO 2 HO 3 HO 5 …

1 COVERAGE COMPARISON . DP 1 DP 2 DP 3 HO 2 HO 3 HO 5 HO 8 HO 4 HO 6. Basic Broad Special Broad Form Special Form Comp. Form Modified Form Contents Unit Owners Occupancy Occupancy Occupancy Occupancy Occupancy Occupancy Requirements: Requirements: Occupancy Requirements: Occupancy Requirements: Requirements: Requirements: Occupancy Requirements: Occupancy Requirements: Requirements: Requirements: Persons renting or Owner, Secondary, Owner, Secondary, Owner, Secondary, Owner Occupied - Owner Occupied - Owner Occupied - Owner Occupied - leasing apartments, Primary, seasonal or Use Tenant, Vacant Tenant, Vacant Tenant, Vacant Seasonal/Secondary Seasonal/Secondary Seasonal/Secondary Seasonal/Secondary condos or dwellings rental # of Families One to Four Families One to Four Families One to Four Families One to Four Families One to Four Families One to Four Families One to Four Families No limit No limit Deductibles: Deductibles: Deductibles: Deductibles.

2 Deductibles: Deductibles: Deductibles: Deductibles: Deductibles: $500, $1,000, $1,500, $500, $1,000, $1,500, $500, $1,000, $1,500, $500, $1,000, $1,500, $500, $1,000, $1,500, $500, $1,000, $1,500, $500, $1,000, $1,500, $250 all perils , $500 all $250 all perils , $500 all Deductibles $2,500, $5,000 $2,500, $5,000 $2,500, $5,000 $2,500, $5,000 $2,500, $5,000 $2,500, $5,000 $2,500, $5,000 perils , $1,000 all perils perils , $1,000 all perils Open Policy for NO COVERAGE for Open Policy for COVERAGE COVERAGE A COVERAGE A & B Open Policy for named perils for named perils for COVERAGE A named perils for named perils for named perils for Open Policy for named perils for COVERAGE named perils for COVERAGE A named named perils or Open Policy COVERAGE A & B & C A&B&C COVERAGE C COVERAGE A, B and C COVERAGE C Coverages A. B & C A&B&C COVERAGE C perils for COVERAGE C.

3 Classifications of Classifications of Classifications of Classifications of Classifications of Classifications of Classifications of Classifications of Classifications of Classifications of COVERAGE : COVERAGE : COVERAGE : COVERAGE : COVERAGE : COVERAGE : COVERAGE : COVERAGE : COVERAGE : COVERAGE : COVERAGE A - Dwelling Included Included Included Included Included Included Included None Limited Property owned or used COVERAGE B - Other Structures (10% of A) Included Included Included Included Included Included Included None by an insured Usual to the occupancy Loss of Use W/. as a dwelling by Usual to the occupancy as Usual to the occupancy as Property owned or used Property owned or used Property owned or used Property owned or used by Property owned or Additional Living COVERAGE C - Personal Property insureds a dwelling by insureds a dwelling by insureds by an insured by an insured by an insured an insured used by an insured Expense Fair Rental Value Loss of Use W/ Loss of Use W/.

4 W/Additional Living Additional Living Loss of Use W/ Additional Loss of Use W/ Additional Additional Living COVERAGE D - Fair Rental/Loss of Use Fair Rental Value Fair Rental Value Fair Rental Value Expense Expense Living Expense Living Expense Expense Additional Coverages COVERAGE E - Additional Living Expense E - Other Coverages Included Included Additional Coverages Additional Coverages Additional Coverages Additional Coverages perils : - HO 5 Provides COVERAGE on an Open Peril Basis for COVERAGE perils : perils : perils : perils : perils : perils : A, B & C perils : perils : perils : named perils Except for: Coverages A, B, & C. Accidental Discharge, Leakage or Overflow of Water or Steam Included Included Included Included Landlord's Furnishings Included Included Included Included-- when purchased (not driven by Included-(not driven by an Included-- (not driven by Included (not driven by an Aircraft & Vehicles an Insured) Insured) Included an Insured) Included Landlord's Furnishings Insured)

5 Included Included Collapse Included Included Included Included Landlord's Furnishings Included Included Damage By Burglars Included Included Included Landlord's Furnishings Included Included Included Falling Objects Included Included Included Included Landlord's Furnishings Included Included Fire & Lightening Included Included Included Included Included Landlord's Furnishings Included Included Included Included-when Explosion purchased Included Included Included Included Landlord's Furnishings Included Included Included Included--when Riot & Civil Commotion purchased Included Included Included Included Landlord's Furnishings Included Included Included Included-when Smoke purchased Included Included Included Included Landlord's Furnishings Included Included Included Sudden and Accidental Damage from Artificially Generated Electrical Current Included Included Included Included Landlord's Furnishings Included Included Sudden and Accidental Tearing Apart, Cracking, Burning or Bulging Included Included Included Included Landlord's Furnishings Included Included Theft Included Included Included Included Included Included--when Vandalism & Malicious Mischief purchased Included Included Included Included Landlord's Furnishings Included Included Included Included--when Volcanic Eruption purchased Included Included Included Included Landlord's Furnishings Included Included Included Included--when Windstorm or Hail purchased Included, plus Hurricane Included Included Included Landlord's Furnishings Included Included Included Additional Coverages: Additional Coverages: Additional Coverages: Additional Coverages: Additional Coverages: Additional Coverages: Additional Coverages.

6 Additional Coverages: Additional Coverages: Additional Coverages: Building Additions and Alterations Included Under COVERAGE A. Credit Card, Electronic Fund, Transfer, Card Access Devices, Forgery, Counterfeit Money Included - $500 Included - $500 Included- $500 Included - $500 Included- $500 Included- $500 Included- $500. Debris Removal Included Included Included Included Included Included Included Included Included Fire Department Service Charge Included - $500 Included - $500 Included- $500 Included - $500 Included - $500 Included - $500 Included - $500 Included - $500 Included - $500. Freezing Included Included Included Included Landlord's Furnishings Included Included Glass or Safety Glazing Material Included Included Included Included Included Included Included Included Homeowners' Valuation Course Materials Copyright 2011 Stone | Rosenblatt | Cha Page 1 of 2.

7 COVERAGE COMPARISON . DP 1 DP 2 DP 3 HO 2 HO 3 HO 5 HO 8 HO 4 HO 6. Basic Broad Special Broad Form Special Form Comp. Form Modified Form Contents Unit Owners Grave Markers Included Included Included Included Included Included Improvements, Alterations & Additions Included Included Included Landlord's Furnishings Included Included (up to $2,500) Included (up to $2,500) Included (up to $2,500). Ordinance of Law Included Included Up to 10% of Cov. A. Up to 10% of Cov. A. Included Property Removed Included Included Included included Included Included Included Included Reasonable Repairs Included Included Included Included Included Included Included Included Included Rental Value Included Included Included Included Trees, Shrubs, Plants - Trees, Shrubs, and Other Trees, Shrubs, and Other Trees, Shrubs, and Other Trees, Shrubs, Plants - Trees, Shrubs, Plants - 5% Trees, Shrubs, Plants - 5% 5% for all - $500 for Trees, Shrubs, Plants - Trees, Shrubs and Other Plants Plants $500 per item Plants $500 per item Plants $500 per item 5% for all - $500 for each for all - $500 for each for all - $250 for each each 5% for all - $500 for each Weight of Ice and Snow or Sleet Included Included Included Included Included Worldwide COVERAGE (10% of COVERAGE C)

8 Included Included Included Included Included Included Included Included Included Exclusions: Exclusions: Exclusions: Exclusions: Exclusions: Exclusions: Exclusions: Exclusions: Exclusions: Exclusions: Ordinance of Law Excluded Excluded Excluded See Additional Cov. Excluded See Additional Cov. Excluded Excluded Excluded Earth Movement Excluded Excluded Excluded Excluded Excluded Excluded Excluded Excluded Excluded Water Damage (Flood, water that backs up through sewers or drains) Excluded Excluded Excluded Excluded Excluded Excluded Excluded Excluded Excluded Power Failure Excluded Excluded Excluded Excluded Excluded Excluded Excluded Excluded Excluded Neglect, War, Nuclear Hazard Excluded Excluded Excluded Excluded Excluded Excluded Excluded Excluded Excluded Intentional Loss, Government Action Excluded Excluded Excluded Excluded Excluded Excluded Excluded Excluded Excluded Trees, shrubs, plants, lawn Excluded Many exclusions in areas to avoid coverages not covered in All Risks of Others direct physical loss Loss Settlement: Loss Settlement: Loss Settlement: Loss Settlement: Loss Settlement: Loss Settlement: Loss Settlement.

9 Loss Settlement: Loss Settlement: Loss Settlement: COVERAGE A & B - COVERAGE A & B - COVERAGE A & B - COVERAGE A & B - COVERAGE A & B - Replacement Cost (80% Replacement Cost (80% Replacement Cost (80% Replacement Cost - 80% Replacement Cost - 80% Coverages A & B - ACV (can endorse to ACV (can endorse to add Coverages A & B ACV Insured-to-Value) Insured-to-Value) Insured-to-Value) Insured-to-Value Insured-to-Value Replacement Cost add replacement cost) replacement cost). Dwelling Other Structures- Replacement Cost - Repaired or replaced within Limited - Replacement Dwelling/Other Structures ACV Replacement Cost Replacement Cost Replacement Cost Replacement Cost Replacement Cost 180 days of the date of loss No COVERAGE Cost ACV (Including). ACV (Including) awnings, awnings, carpeting, ACV (Including) awnings, carpeting, appliances, appliances, outdoor carpeting, appliances, outdoor antennas, antennas, outdoor outdoor antennas, ACV (Including) awnings, outdoor equipment, equipment, structures outdoor equipment, carpeting, appliances, structures that are not that are not building, structures that are not outdoor antennas, outdoor building, grave markers, grave markers, including building, grave markers, equipment, structures that Personal Effects ACV ACV ACV including mausoleums mausoleums including mausoleums are not building ACV N/A.

10 Personal Property, Personal Property, Awnings, Structures that Awnings, Structures that COVERAGE C ACV are not building - ACV are not building - ACV ACV ACV ACV ACV ACV N/A. Homeowners' Valuation Course Materials Copyright 2011 Stone | Rosenblatt | Cha Page 2 of 2.