Policies covering buildings, machinery and stock do not always include the cost of removing debris and dismantling machinery. Yet these are usually necessary exercises after a loss of some kind.
A property insurance provision which provides coverage for the cost of cleanup and debris removal after a covered cause of loss has occurred, such as clean up after a fire or windstorm.
A provision which may be included in a property policy to pay for removing debris caused by a covered cause of loss, for example, fire.
A clause often added to a Fire Insurance policy under which the company assumes liability for the removal of debris resulting from damage to the property covered by the peril insured against.
This clause extends insurance coverage to include the cost of debris removal resulting from damage caused by a covered loss up to a specified limit of loss. The clause is an additional property insurance coverage.
Provision in property insurance that excludes coverage for the cost to extract pollutants from land or water or to remove, restore, or replace polluted water.
A provision that may be included in a Property policy contract to provide the insured with indemnification for expenditures incurred in the removal of debris produced by the occurrence of an insured peril. Ordinarily a Property policy covers only the direct damage caused by an insured peril.
An extension to the standard policy to cover the cost of making a seriously fire-damaged building safe and removing debris.
While most property policies cover only direct damages caused by an insured peril, the "debris removal clause" covers the cost of removing debris produced by the peril's occurrence. For example, a hurricane sweeps through the state; a fallen tree will be removed only if it lands on your house. Debris Removal reimburses you for the cost of cleaning all the broken limbs and rubble.
A clause in a fire insurance policy providing for payment of the cost of removing debris after a loss.
A consequential coverage commonly included in direct loss policies. For example, fire policies provide limited recovery for the insured's cost of removing the debris after a covered fire. Not to be confused with removal.
