Commercial PropertyQuestion 98 of 215
Under the Building and Personal Property Coverage Form (CP 00 10), which of the following is NOT included automatically in the definition of Building coverage when the insured shows a value for the building?
a.Permanently installed machinery and equipment
b.Outdoor fixtures attached to the building
c.Materials and supplies on the premises used to maintain the building
d.Office furniture and inventory belonging to the named insured
Explanation
Building coverage on CP 00 10 includes the building itself, completed additions, permanently installed fixtures, machinery, and equipment, outdoor fixtures, and materials within 100 feet used to maintain the building. Office furniture and inventory owned by the named insured are Business Personal Property (BPP), a separate coverage item that requires its own limit.
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Related questions on this topic
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