Orange County NC Website
Copyright, 2013 Selective Insurance Company of America. All rights reserved. CM 71 05 07 13 <br />Includes copyrighted material of Insurance Services Office, Inc., with its permission. Page 6 of 15 <br />m. Jobsite Trailers <br />We will pay for loss or damage to mobile <br />office or storage trailers and their contents <br />while at the “job site” from a Covered <br />Cause of Loss. <br />The most we will pay under this Coverage <br />Extension is $25,000 unless otherwise <br />stated in the Special Provisions section in <br />the Declarations. <br />The deductible applicable to loss or dam- <br />age applies separately to each occurrence <br />of loss or damage under this Coverage <br />Extension. <br />n. Site Preparation <br />If the cost of excavation, site preparation, <br />land grading and similar work is included in <br />the “completed value” for the “job site”, we <br />will pay for expenses you incur to re- <br />excavate the site, re-prepare the site, re- <br />grade the land, or re-perform similar work <br />because of loss or damage to Covered <br />Property by a Covered Cause of Loss. <br />Any payment under this Coverage <br />Extension is included within and will not <br />increase the Limit of Insurance shown in <br />the Declarations. <br />The deductible applicable to loss or dam- <br />age applies separately to each occurrence <br />of loss or damage under this Coverage <br />Extension. <br />o. Rewards <br />We will pay for rewards given to any <br />person or persons, other than you, your <br />officers, your partners or your employees <br />or the family members of any such <br />individuals for information leading to a <br />conviction in connection to loss or damage <br />to Covered Property caused by theft or <br />vandalism. <br />The most we will pay under this Coverage <br />Extension is $5,000 for all contem- <br />poraneous theft or vandalism loss or <br />damage. This is the most we will pay <br />regardless of the number of persons who <br />provided information. <br />The deductible will not apply to this <br />Coverage Extension. <br />p. GreenPac® Coverage <br />(1) “Green” Property — Increased <br />Costs <br />(a) We will pay the reasonable <br />increased costs to repair or <br />replace the damaged or destroyed <br />portion or parts of the Covered <br />Property with “green” property <br />meeting the standards of a “green <br />standards organization” provided it <br />performs the same or similar func- <br />tion and is otherwise of like kind <br />and quality. <br />(b) We will pay the reasonable <br />increased costs to employ <br />methods and processes of con- <br />struction and debris recycling <br />consistent with those of a “green <br />standards organization” in the <br />repair and replacement of the <br />damaged or destroyed Covered <br />Property. Any payments you <br />receive for the recycled debris <br />shall be deducted from the amount <br />of loss or damage. <br />(c) We will not pay under this Cov- <br />erage Extension: <br />(I) Until the property is actually <br />repaired or replaced, at the <br />same, or another premises; <br />and <br />(II) Unless the repairs or replace- <br />ment are made as soon as <br />reasonably practicable after <br />the loss or damage, not to <br />exceed two years. We may <br />extend this period in writing. <br />(2) LEED® Accredited Green Profes- <br />sionals <br />We will pay reasonable additional <br />costs incurred for the fees of pro- <br />fessionals such as architects, engi- <br />neers or interior designers granted <br />accreditation by the United States <br />Green Building Council. <br />Docusign Envelope ID: 186E0FF8-664C-4A5C-9F97-28196CE69FD1