This coverage provides insurance protection against direct physical loss or damage to property owned by the Fraternity or Sorority. 

Coverage extends to buildings, contents including Electronic Data Processing (EDP) equipment and Fine Arts, Loss of Income, and Extra Expense. 

Replacement Cost protection is provided for buildings and contents.  Actual Loss Sustained protection is provided for Loss of Income and Extra Expense.  Fine Arts such as silver, jewelry, paintings and items of rarity or historical nature are protected for Market Value, without requirements for schedules or specific valuations. 

Building Codes or Law & Ordinance Coverage provides insurance protection for the costs of compliance with such areas as A.D.A., Life Safety Codes or Sprinkler Ordinances, when they are triggered by insured losses.

** Disclaimer Notice **
This basic information has been prepared as information only!  The actual insurance policies are subject to definitions, exclusions, limitations and various other terms and conditions.  This information does not amend, extend or alter the coverage afforded by the actual policies.


  Property Policy Specimen

  Property Insurance Application

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James R. Favor & Company, LLC
14466 East Evans Avenue
Aurora, CO 80014-1409

(303) 750-1122  •  FAX (303) 745-8669   •  Twitter: @FavorAndCompany
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