https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/1850/THE-2011-ISO-HOMEOWNERS-NEW-AND-IMPROVED/
... higher than $1 ,000 are common today, ISO has removed the special limit of $1 ,000. • &# 160HO 04 43 Replacement Cost Loss settlement For Certain Non-Building Structures On The Residence Premises Endorsement This optional endorsement will now provide replacement cost for swimming pools, therapeutic baths and hot tubs that are "inground" or "semi-inground,: with walls and floors made of reinforced masonry, cement, metal or fiberglass. • &# 160HO 04 95 Water Back-Up And Sump Discharge Or Overflow ISO has removed the ... 5 ,000 limit, replacing it with a schedule to provide selected limits of $10,000, $15,000, $20,000 or $25,000. • &# 160HO 05 43 Residence Held in Trust This endorsement is being replaced by HO 06 15 Trust Endorsement, allowing the policy to be issued in the name of the grantor (in most cases, the owner and resident of the home before the trust was established), rather than the name of the trust. • &# 160HO ... changes in the areas of Collapse Coverage and Water Damage. These policy provisions have added wording to communicate the intent of the coverage more clearly and to eliminate any ambiguity. Here are some other changes: Changes that Reduce Coverage • &# 160Personal Property Located in Self-storage Facilities There's a 10% limit for personal property located in a self-storage facility. According to ISO, the increasing use of self-storage facilities during recent years means that losses for property located in them might go undiscovered for extended periods, potentially increasing the severity of the loss ...