This program is designed for Condominiums and Townhouses that are either owner occupied, seasonal or rentals. The policy must be written in the name of the actual owner who is person.

Condominium: A structure of two or more units, the interior space of which are individually owned; the balance of the property is owned in common by the owners of the individual units.

Town House: One of a row of identical houses situated side by side and sharing common walls.

A. ELIGIBILITY:
Condominiums or Townhouses used as a primary residence, seasonal/secondary residence or rental property.

B.UNACCEPTABLE RISK:

1. Units rented for less than 6 months at a time.
2. Units owned/titled by other than individuals - no corporations or business.
3. Apartment Cooperatives.
4. Units that do not meet the definition of Condominium or Town House.
5. Units that are vacant.
6. Units under construction.
7. Units in foreclosure, properties where tenants are behind in rent or where space is rented to others for commercial used or property with any type of business on the premises.
8. Risk with other insurance in force, except insurance which covers perils not insured by the units owners policy.
9. Units on piers or pilings.
10. Units located in or near (with in 1/4 mile) brush or landside areas or 1000 feet of the ocean.
11. Units without utility service.
12. Units located in a forested area or in a remote or inaccessible area and/or not visible by neighbors.
13. Units that have more than two mortgages or any mortgage is an individual.
14. Units not maintained in an insurable condition; must show pride or ownership.
15. Units with un-repaired damage and/or open claims, including earthquake damage.
16. Units that are occupied by more than one family.
17. Risk with ferocious or dangerous animals of any kind or there is a history of dog bites regardless of breed. Risk will be considered if Section II - Liability coverage is not provided.
a. Ferocious dog breed include but not limited to Rottweilers, Germ Shepherds, Pitbulls, Doberman Pincers, Chows, Akitas, Wolf Hybrid, Staffordshire Terrier, Bull Mastif
18. Risk with loss history:
a. Losses paid in excess of 2,500 within the last 12 months
b. Bosses paid in excess of 5,000 within the last 24 months
c. There are multiple (3+) small claims within the last 12 months
d. Risk with repetitive similar cause of loss.
19. Risk where Additional Insureds are required.

D. DEDUCTIBLES:

E. COVERAGE A - Dwelling: $2,500.00 of Basic coverage is automatically included at no charge with the purchase of Coverage C - Personal Property.

F. COVERAGE C PERSONAL PROPERTY: (Also includes Coverage D - Loss of Use (Additional Living Expense or Full Rental Value) with limit of 10% of Coverage C.

Available Limits: $5,000 to $250,000. (maximum)

G. OPTIONAL COVERAGES:
1. PERSONAL LIABILITY: (including Medical Payments to others with limits of $500 per person/$5,000 per occurrence.)
a. $25,000
b. $50,000
c. $100,000
d. $300,000
Note: If the unit is a seasonal or rental then PREMISES ONLY liability will be offered with a 20% credit.
2. LOSS ASSESSMENT: ($1,000 included)

H. TOPA LOSS SURCHARGE: (Only applies to losses that are incurred by Topa during the past 36 months.)
1st Loss +10%
2nd Loss +34%
3rd Loss +60%

If the risk exceeds the eligibility requirement of B,18 the risk will be non-renewed.

I. CENTRAL ALARM SERVICE CREDITS: (Coverage C premium)
Fire Only -5%
Burglary Only -5%
Fire & Burglary -10%

J. Water Damage Coverage:
$5,000.00 Limit $15.00
$10,000.00 Limit $25

K. FEES: (All fees are fully earned)
Policy Fee $25.00
Inspection Fee $40.00 (New Business only)
If inspections are done at renewal the cost will be absorbed by the Company.