Definitions for "Debris Removal Clause" Add To Word List
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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An extension to the standard policy to cover the cost of making a seriously fire-damaged building safe and removing debris.
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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.
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A clause in a fire insurance policy providing for payment of the cost of removing debris after a loss.
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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.
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