Equipment Breakdown "HQ-855 CW (5-17)"
What is the deductible for this coverage?
$500.
True or False: We cover a claim if an “insured” knew, suspected or should have known of the seepage or leakage of water or steam.
False. We do not cover limited hidden water or steam seepage or leakage:
If an “insured” knew, suspected or should have known of the seepage or leakage of water or steam;
What is the Decreasing Deductible Credit Amount?
$100.
Out of the 4 listed below which is NOT covered under equipment breakdown: Well Water Pumps, Water Heaters, Jet Ski, or Sauna.
Jet Ski.
Name one source where hidden water or steam seepage may leak from in an insureds property.
Plumbing System , Heating System, Air Conditioning System, Automatic fire protective sprinkler system, or Household appliances.
True or False: The decreasing deductible HAS cash value.
A: False, the decreasing deductible has no cash value.