AAIS ARTISANS PROPERTY ADDITIONAL COVERAGE ENDORSEMENTS

Coverage	AP 0309 Ed 07 03	AP–310 Ed 1.0	AP–311 Ed 1.0
Coverage	Limits of Insurance	Limits of Insurance	Limits of Insurance
Glass	Replacement Cost	Replacement Cost	Replacement Cost
Accounts Receivable	*$10,000	$10,000	$5,000
Computers	*$10,000	$10,000	$5,000
Contractors Equipment	*$10,000	Not Covered	Not Covered
Rental Reimbursement	*$2,500	Not Covered	Not Covered
Installation Floater	*$10,000	Not Covered	Not Covered
Outdoor Signs	*$10,000	$10,000	$5,000
Valuable Papers and Records	*$10,000	$10,000	$5,000
Personal Property Off Premises	*$2,500	Not Covered	Not Covered

*Limit can be increased using AP 312–Schedule of Artisans Property Additional Coverage.

The descriptions are identical for the coverages that these three endorsements share. AP 0309 has more coverages, higher limits, and the ability to increase its limits. AP 310 and AP 311 are identical to each other except for the limits difference.

AP 0309–ARTISANS PROPERTY ADDITIONAL COVERAGE ENDORSEMENT–1 ANALYSIS

Agreement

This endorsement is subject to the policy’s Common Policy Conditions and Property Coverage sections. Coverage applies only at locations listed on the declarations that have a limit of insurance for Building and/or Business Personal Property.

Limits and terms of the policy apply per location except that the limits for Contractors Equipment, Rental Reimbursement, and Installation Floater are not location specific.

Definitions

The following definitions apply in addition to the definitions in the policy:

1. Electrical disturbance

This is magnetic or electrical damage. It is also erasure or disturbance of electronic recordings.

2. Hardware

This is a group of electronic machine components. They are able to accept information and instructions, process the information according to instructions, and produce the results desired.

3. Mechanical breakdown

In addition to mechanical breakdown or malfunction, this is blowout, faulty installation, or the failure of components.

4. Power supply disturbance

This is any interruption of power supply. It includes blackout, brownout, or power surge.

5. Software

There are two types of software:

Recording, processing, or storage media used to process electronic data. Examples of media are tapes, films, discs, cards, cartridges, cells, or drums
Instructions, information, and data that is stored and then used to process electronic data. The storage can be on various types of media.

Property Coverages

1. Glass

Glass coverage is subject to provisions in the Property Coverage section of the policy. Exceptions to those provisions are explained below.

a. Property Covered

This deletes and replaces Property Covered in the policy but only as it applies to glass.

Glass breakage and glass that is broken or damaged by chemicals is covered. The glass can either be owned by the named insured or be in its care, custody, or control. The glass must be part of a covered building or structure listed on the declarations and be part of either of the following:

The building’s exterior
The building’s interior floors, walls, or ceilings

The following costs and expenses are also part of this coverage:

Window frame repair or replacement but only if due to a covered loss
Temporary replacement glass or boarding up openings when final replacement is delayed
Removing or replacing obstacles that must be moved in order to repair the glass. This doesn’t include window displays.

Example: An older building’s original ceiling included a skylight. Years later, a newer, lower ceiling was added and the current owners did not know that the skylight existed. A covered loss occurs and damages the skylight. In order to repair the skylight, the lower ceiling must be opened to gain access to it. The cost to open the ceiling and then to repair the skylight is covered.

b. Perils Covered

The insurance company covers risks of direct physical loss or damage unless the loss is limited or if an excluded peril causes the loss.

c. Perils Excluded and Additional Exclusions

All exclusions and additional exclusions in the Property Section of the policy are deleted except for the following:

Civil Authority
Nuclear Hazard
War

Note: This is very important because it means that earth movement, flood, and many other perils are covered.

2. Accounts Receivable

Accounts Receivable coverage is subject to provisions in the Property Coverage section of the policy. Exceptions to those provisions are explained below.

a. Property Covered

This deletes and replaces Property Covered in the policy but only as it applies to Accounts Receivables.

Coverage applies to loss that a covered peril causes to the named insured’s records of accounts receivable at any premises listed on the declarations. Accounts receivable include the following:

Payments that are due from customers that cannot be collected because a loss occurred

The named insured may have to take out loans because it cannot collect payment from its customers. In that case, the interest charges on those loans are covered but only for such loans made before the insurance company pays the accounts receivable loss.
Collection costs beyond the named insured’s normal collection costs expended because of a covered loss
Costs the named insured incurs in order to reconstruct its records of accounts receivable following a loss. Only reasonable costs are paid.

b. Perils Covered

The insurance company covers risks of direct physical loss or damage unless the loss is limited or if an excluded peril causes the loss.

c. Perils Excluded and Additional Exclusions

All exclusions and additional exclusions in the Property Section of the policy are deleted except for the following:

Civil Authority
Nuclear Hazard
War
Voluntary Parting

Note: This is very important because it means that earth movement, flood, and many other perils are covered.

In addition to the four exclusions listed above, the insurance company does not pay losses caused by or that result from the following:

Concealment

There is no coverage for losses caused when accounts receivables are altered, concealed, falsified, or destroyed as part of a plan to illegally take, give, or withhold money, securities, or other property. However, this exclusion is limited to only the amount or extent of the illegal activity.

Example: A fire loss occurs and all accounting records are destroyed. The investigation reveals that some of the account receivables had been altered so that the bookkeeper could embezzle $5,000. The total accounts receivable loss of $30,000 is reduced by $5,000 because of the concealment exclusion.

Criminal, Fraudulent, or Dishonest Acts

The insurance company does not pay for losses caused by or that result from illegal, fraudulent, dishonest, or criminal acts done by any of the following acting alone or in collusion with others:

The named insured
Other parties that have interests in the property or who have been entrusted with the property
The named insured’s officers, directors, partners, or trustees
Employees, leased employees, or agents of any of the above, regardless of whether they are or are not working when the loss occurs

This exclusion does not apply to dishonest acts of carriers for hire or any other bailee for hire.

Damage, Disturbance, or Erasure of Electronic Data

Coverage does not apply when electronic records or data are damaged or erased because of any of the following:

Programming or instructions were faulty
The installation or maintenance of the equipment was faulty or inadequate.
Off premises caused power supply disruption. Off premises means equipment that is located more than 100 feet off the listed premises.

Discrepancy
Losses that exist only on paper are not covered. However, such paper evidence can be used to support a claim where there is other evidence of loss.
Errors and Omissions

There is no coverage for losses caused by or that result from errors or omissions in accounting, billing, or bookkeeping.

Loss of Use

This is direct damage coverage only so consequential losses such as business interruption, delay, loss of use, or loss of market are excluded.

d. How Much We Pay

This provision deletes the Loss Settlement Terms under How Much We Pay in the policy and replaces them with the following with respect to Accounts Receivable coverage.

The insurance company pays the smallest of the following amounts, subject to paragraphs 1., 2., 4., and 5. under How Much We Pay in the policy:

The total amount of accounts receivable due. In computing the total due, the following must be deducted:

Accounts receivable that are not lost
Amounts that can be established by other ways
Amounts collected from the lost records of accounts receivable
Service charges and unearned interest
Allowances for bad debts

Reasonable costs to reconstruct the named insured’s records of accounts receivable
The limit of insurance on this endorsement’s schedule

When the named insured cannot substantiate its records, the insurance company calculates the amount of loss by looking backward. It gathers information for the 12-month period prior to the loss and determines the monthly average accounts receivable. This is a starting point that can then be modified based on variances for which the named insured cannot provide evidence.

e. Other Property Coverage Conditions

The following deletes and replaces the Recoveries condition under Other Property Coverage Conditions in the policy with respect to Accounts Receivable coverage:

Amounts that the named insured recovers for accounts receivable losses that the insurance company paid belong to the insurance company. However, amounts the named insured recovers for accounts receivable losses that exceed the amount the insurance company paid belong to the named insured.

3. Computers

Computer coverage is subject to provisions in the Property Coverage section of the policy. Exceptions to those provisions are explained below.

a. Property Covered

This section deletes and replaces Property Covered in the policy but only as it relates to Computers.

Coverage applies to direct physical loss that a covered peril causes to the named insured’s computer hardware and software at the premises listed on the declarations. Coverage also applies to similar property of others in the named insured’s care, custody, or control.

This coverage does not apply to the following property:

Accounts, Bills, or Documents

Manuscripts, records, deeds, evidences of debt, and records are also not covered.

Contraband

This includes property that is legal but that is traded or transported illegally.

Loaned, Leased, or Rented to Others

Property the named insured loans, leases, or rents to others is not covered but only when it is not at the premises listed on the declarations.

Example: Jake has five personal computers in his office but only three individuals work in the office. Patrick, his son, opens his own office and borrows the two unused computers for a few months. Jake’s policy does not cover the computers while they are at Patrick’s office. However, they are covered once Patrick returns them to Jake.

Money and Securities

This includes lottery tickets not held for sale and food stamps along with money and securities as defined in the policy.

Additional Property Coverages

Disturbance

There is coverage when an electrical disturbance damages covered property but only if the disturbance takes place on the premises or within 500 feet of the premises.

Removal

Any direct physical loss to covered property is covered when that property is moved or is being moved away from a covered premises in order to keep it from being damaged by a covered peril. This coverage ends ten days after the property is first moved.

Transit and Off-premises Coverage

Covered property that a covered peril damages is covered while it is in transit or at a location not listed on the declarations. The limit of insurance is $2,500.

b. Perils Covered

The insurance company covers risks of direct physical loss or damage unless the loss is limited or an excluded peril causes the loss.

c. Perils Excluded and Additional Exclusions

All exclusions and additional exclusions in the Property Section of the policy are deleted except for the following:

Civil Authority
Nuclear Hazard
War
Utility Failure
Pollutants
Criminal, Fraudulent, or Dishonest Acts
Voluntary Parting

This is very important because it means that earth movement, flood, and many other perils are covered.

In addition to the seven exclusions listed above, the insurance company does not pay losses caused by or that result from the following:

Deterioration, Fault, or Weakness

The insurance company does not pay for losses that deterioration or decay causes. Loss due to weakness, fault, or quality in the covered property that causes it to destroy or damage itself is also excluded. However, losses that result from a mechanical breakdown are covered.

Loss of Use

This is direct damage coverage only so consequential losses such as business interruption, delay, loss of use, or loss of market are excluded.

Temperature, Rust, Humidity, or Corrosion

Coverage does not apply to losses that rust, humidity, corrosion, or dryness, dampness, changes in temperature or extremes of temperature causes.

There is an exception. If an air conditioning system that is serving the covered hardware is damaged by a covered cause of loss and because the air conditioning system is not working a loss caused by one of the excluded perils is this paragraph occurs, the loss is covered.

Example: A windblown tree limb (falling object) damages the air conditioning unit at Jerry’s Construction trailer on Friday evening. Nobody goes into the trailer until Monday morning. The temperature inside the trailer increased to 110 degrees and destroyed the computer hardware inside the trailer. The policy will respond to the computer damage because a covered peril damaged the air conditioning system.

Wear and Tear or Obsolescence

There is no coverage for losses due to a natural reduction in value from depreciation, obsolescence, or wear and tear.

d. Valuation of Property Losses

The Pair or Set provision in the policy is amended. Losses to software are considered total losses if part of a software set cannot be replaced.

e. How Much We Pay

This coverage is not subject to the policy deductible. Instead, the insurance company pays only the part of a covered loss event that exceeds $250.

4. Contractors Equipment

Contractors Equipment coverage is subject to provisions in the Property Coverage section of the policy. Exceptions to those provisions are explained below.

a. Property Covered

This deletes and replaces Property Covered in the policy as it relates to Contractors Equipment.

Coverage applies to direct physical loss that a covered peril causes to three types of contractors equipment. This is named insured’s contractors equipment, tools owned by employees of the named insured, and equipment that belongs to others that is in the named insured’s care, custody, or control.

This coverage does not apply to the following property:

Aircraft or Watercraft

This property is excluded without exception.

Automobiles and Trucks

Motor trucks, automobiles, tractors, trailers, and similar items that are designed to be used on highways to transport cargo or people are not covered. However, the following property is covered:

Self-propelled vehicles that are specifically created and used to carry equipment mounted on or attached to them
Vehicles specifically that are created to be used on highways but that are not licensed and are not driven on public roads

Loaned, Leased, or Rented Property

Property that the named insured loans, leases, or rents to others is not covered.

Tires or Tubes

The only perils for which tires and tubes are protected are fire, windstorm, or theft.

Waterborne Property

Property that is being transported over water is not covered. However, this does not apply to property while is with a carrier for hire and in transit.

b. Perils Covered

The insurance company covers risks of direct physical loss or damage unless the loss is limited or an excluded peril causes the loss.

c. Perils Excluded and Additional Exclusions

Only the following exclusions in the policy’s Property Coverage section apply to Contractors Equipment coverage:

Civil Authority
Nuclear Hazard
War
Contamination or Deterioration
Criminal, Fraudulent, or Dishonest Acts
Mechanical Breakdown
Pollutants
Temperature/Humidity
Voluntary Parting
Wear and Tear

This is very important because it means that earth movement, flood, and many other perils are covered.

Contractors Equipment is subject to the following additional exclusions. The insurance company does not pay losses caused by or that result from any of the following:

Loss of Use

This is direct damage coverage only so consequential losses such as business interruption, delay, loss of use, or loss of market are excluded.

Missing Property

The insurance company does not pay for covered property that is missing and for which there is no evidence to suggest what occurred. This applies to property that has disappeared or that is assumed to be missing because of an inventory shortage. However, property in transit in a carrier for hire’s custody is covered.

d. Valuation of Property Losses

Loss payment is based on the covered property’s actual cash value (including a deduction for depreciation) unless replacement cost is indicated on the declarations. Replacement cost valuation is not subject to a deduction for depreciation.

5. Rental Reimbursement

This coverage is connected to the Contractors Equipment coverage above and is subject to its provisions except as follows.

Covered contractors equipment that the named insured owns may sustain loss or damage from a covered peril. In that case, the insurance company reimburses the named insured for its expenses to rent similar equipment while the damaged equipment is out of service. The period of reimbursement is not limited by the policy’s expiration date.

Reimbursement is subject to the following:

Equipment rental expenses are subject to a 72-hour deductible that starts when the loss occurs. The insurance company will reimburse the named insured for the rental expenses it actually incurs in the time period following that initial 72 hours.
There is no reimbursement if the named insured can resume or continue its operations with similar equipment that is available without a charge or if the named insured can substitute its own equipment for the damaged equipment.
The insurance company does not pay rental reimbursement for any damaged equipment for which the named insured is not making reasonable efforts to repair, replace, or rebuild.

Example: Craig’s contracting firm has a big storage area filled with contractor’s equipment. A fire occurs in the storage area that destroys all of the equipment. Craig determines that he no longer needs nearly half of the equipment, so that portion won’t be repaired or replaced. Although he will be compensated for most of the loss, no rental reimbursement will be made.

There is no reimbursement for obsolete equipment that sustains loss or damage and that cannot be repaired because parts or equipment are no longer available. In such a case, the insurance company reimburses the named insured the limit of insurance or for up to ten days of rental expenses, whichever is less.

Example: Also, during the fire loss, Craig determines he is currently using some equipment that cannot be repaired because parts are no longer available. For that portion of his loss, Craig will be reimbursed for no more than 10 days of rental expense or the applicable, proportional limit of insurance, whichever is less.

6. Installation Floater

Installation Floater coverage is subject to provisions in the Property Coverage section of the policy. Exceptions to those provisions are explained below.

a. Property Covered

This deletes and replaces Property Covered in the policy as it relates to Installation Floater coverage.

Coverage applies to direct physical loss that a covered peril causes to the named insured’s covered property while at a job site. Only property that will become a permanent part of the named insured’s project is covered. To be covered, the property must be the named insured’s equipment, machinery, materials, supplies, and fixtures. Coverage also applies to such property which belong to others but are in the named insured’s care, custody, or control.

Example: Helen and Troy hire Pretty As a Picture Landscapers to install their new greenhouse. All equipment Pretty brings to the job site is covered property except for the items it will remove from the site when it leaves. In addition, Helen and Troy purchase items to be part of the project and leave them at the job site. These items are also covered property because Pretty is responsible for them.

This coverage does not apply to the following property:

Airborne Property

Property in the air is not covered unless it is on an airline’s regularly scheduled flight.

Note: The wording in this item does not restrict the exclusion to only items in transport. This means that drones and other types of airborne property that might be used to assess the job are not covered.

Buildings, Structures, and Land

This property is excluded. However, property the named insured installs, erects, or fabricates in connection with any building or structure is covered.

Example: Peter purchased a building that he is rehabilitating. His plans include installing a water heater. Peter’s Installation Floater coverage insures the water heater while it is not yet connected to the building. Once it is connected and becomes a part of the building, Installation Floater coverage no longer applies because it should be insured under Peter’s building insurance.

Contraband

Property that is legal but that is traded or transported illegally is not covered.

Machinery, Tools, Equipment

Installation floaters cover only property intended to be a permanent part of the final project. Any machinery, tools, or equipment not intended to be a permanent part of the installation, erection, or fabrication project is not covered.

Money and Securities

Lottery tickets that are not held for sale and food stamps are not covered as well as money and securities as defined in the policy.

Trees, Shrubs, and Plants

This property and lawns are not covered.

Waterborne Property

Property that is being transported over water is not covered. The exception is that property that is in transit with a carrier for hire is covered.

Additional Property Coverage

a. Transit and Storage Locations insures against direct physical loss by a covered peril to covered property that is in transit or at temporary storage locations pending installation, erection, or fabrication. The limit of insurance is $2,500.

b. Perils Covered

This deletes and replaces Perils Covered in the policy with respect to Installation Floater coverage.

The insurance company covers risks of direct physical loss or damage unless the loss is limited or an excluded peril causes the loss.

c. Perils Excluded and Additional Exclusions

Only the following exclusions in the policy’s Property Coverage section apply to Installation Floater coverage:

Civil Authority
Earth Movement or Volcanic Eruption
Nuclear Hazard
Ordinance or Law
Water
War
Contamination or Deterioration
Criminal, Fraudulent, or Dishonest Acts
Defects, Errors, and Omissions
Electrical Currents
Mechanical Breakdown
Pollutants
Settling, Cracking, Shrinking, Bulging, or Expanding
Temperature/Humidity
Voluntary Parting
Wear and Tear
Fungus or Related Perils (when the policy contains that exclusion)

Installation Floater coverage is subject to the following additional exclusions. The insurance company does not pay losses caused by or that result from any of the following:

Explosion, Rupture, or Bursting

There is no coverage for losses to steam boilers, steam or gas turbines, steam pipes, or steam engines caused by their explosion, rupture, or bursting. This exclusion applies to only steam boilers, steam or gas turbines, steam pipes, or steam engines in which the loss occurred.

Loss of Use

This is direct damage coverage only so consequential losses such as business interruption, delay, loss of use, or loss of market are excluded.

Missing Property

The insurance company does not pay for covered property that is missing and for which there is no evidence to suggest what occurred. This applies to property that has disappeared or that is assumed to be missing because of an inventory shortage. However, property that is in transit in a carrier for hire’s custody is covered.

Penalties

Coverage does not apply to losses that are due to penalties for not completing or not complying with any terms or conditions in a contract.

Rain, Snow, Sleet, or Ice

There is no coverage for losses when rain, snow, ice, or sleet damages property in the open that has not yet become part of the permanent building or structure. Any property that is in a carrier for hire’s custody is covered.

Testing

The insurance company does not pay for losses caused by testing. This includes start-up, performance, stress, pressure, or overload tests of the covered property.

Note: This exclusion is identical to the testing exclusion in the policy.

d. Valuation of Property Losses

The Actual Cost to Repair, Replace, or Rebuild provision below replaces Replacement Cost and Actual Cash Value provisions in the Valuation of Property Losses section in the policy.

Actual Cost to Repair, Replace, or Rebuild values covered property based on the lesser of the following:

The cost of repairing, replacing, or rebuilding the damaged covered property but only with materials that are similar to the damaged. The cost includes not only material but also labor and overhead. However, payment is limited to costs that are reasonable.
The amount the named insured actually spends in the repair, replacement, or rebuilding of the covered property

e. Other Property Coverage Conditions

The Vacancy–Unoccupancy condition under Other Property Coverage Conditions in the policy is deleted concerning this coverage. This means that coverage applies regardless of the length of time that the property is vacant or unoccupied.
When Coverage Ceases is added to the Other Property Coverage Conditions in the policy. It states that coverage ends when the first of the following events takes place:

The policy is cancelled or expires.
The purchaser accepts the covered property.
The named insured’s interest in the covered property ends.
The named insured abandons the installation, erection, or fabrication project without intending to return and complete it.
The project has been completed for more than 30 days.
The covered property is put to use as intended. This conditional event does not apply to roofs and walls.

7. Outdoor Signs

Outdoor Signs coverage is subject to provisions in the Property Coverage section of the policy. Exceptions to those provisions are explained below.

a. Property Covered

This deletes and replaces Property Covered in the policy.

Coverage applies to direct physical loss that a covered peril causes to the named insured’s outdoor signs. Coverage also applies to similar property of others in the named insured’s care, custody, or control. This coverage applies only at the premises listed on the declarations.

b. Perils Covered

The insurance company covers risks of direct physical loss or damage unless the loss is limited or an excluded peril causes the loss.

c. Perils Excluded and Additional Exclusions

Only the following exclusions in the policy’s Property Coverage section apply to Outdoor Signs coverage:

Civil Authority
Nuclear Hazard
War
Contamination or Deterioration
Electrical Currents
Mechanical Breakdown
Wear and Tear

This is very important because it means that earth movement, flood, and many other perils are covered.

8. Valuable Papers and Records

Valuable Papers and Records coverage is subject to provisions in the Property Coverage section of the policy. Exceptions to those provisions are explained below.

a. Property Covered

This deletes and replaces Property Covered in the policy.

Coverage applies to loss that a covered peril causes to the named insured’s valuable papers and records. Coverage also applies to similar property of others that is in the named insured’s care, custody, or control. Coverage applies only at a premises listed on the declarations.

This coverage does not apply to the following property:

Contraband

Property that is legal but that is being traded or transported illegally is also not covered.

Money and Securities

Lottery tickets that are not held for sale and food stamps are not covered in addition to money and securities as defined in the policy.

Property That Cannot be Replaced

Any property that cannot be replaced using similar type materials is not covered.

Additional Property Coverages

Removal

Transit and Off-premises Coverage

Transit and Off-premises Coverage insures against direct physical loss by a covered peril to covered property that is in transit It also covers property that is at a location that is not used for storage and that is not shown on the declarations. The limit of insurance is $2,500.

b. Perils Covered

The insurance company covers risks of direct physical loss or damage unless the loss is limited or an excluded peril causes the loss.

c. Perils Excluded and Additional Exclusions

Only the following exclusions in the policy’s Property Coverage section apply to Valuable Papers and Records coverage:

Civil Authority
Nuclear Hazard
War
Contamination or Deterioration
Criminal, Fraudulent or Dishonest Acts
Voluntary Parting
Wear and Tear

This is very important because it means that earth movement, flood, and many other perils are covered.

Valuable Papers and Records coverage is subject to the following additional exclusions. The insurance company does not pay losses caused by or that result from the following:

Errors and Omissions

Coverage does not apply to losses due to copying, duplicating, or processing errors or omissions. However, if a fire or explosion results because of such an error or omission, the resulting loss or damage is covered.

Example: One day, Junior was copying the blueprints of his insured employer’s projects. He gets bored so he begins smoking as he texts a friend. He became so engaged with his conversation, he didn’t notice that his cigarette fell into the stack of blueprints. The ensuing fire destroys all of the blueprints. The loss is covered even though Junior obviously made a serious error.

Damage, Disturbance, or Erasure of Recordings

Losses that occur because electronic recordings are erased, disturbed, or damaged by electrical or magnetic means are not covered. However, when such losses are caused by lightning, coverage does apply.

Insects or Vermin

The insurance company does not pay for losses that vermin and insects cause.

Loss of Use

This is direct damage coverage only so consequential losses such as business interruption, delay, loss of use, or loss of market are excluded.

d. Valuation of Property Losses

This provision deletes the Valuable Papers and Records provision under Valuation of Property Losses in the policy and replaces it with the following but only with respect to Valuable Papers and Records coverage.

The insurance company pays the smallest of the following amounts with respect to valuable papers and records, however stored:

The property’s actual cash value at the time of loss

The reasonable costs to restore the property to the condition it was in before the loss event
The cost to replace the property with property that is substantially identical

9. Personal Property–Off Premises

This coverage deletes and replaces Personal Property–Off Premises under Extensions of Coverage in the policy.

The insurance company pays losses to covered personal property while it is in transit and also temporarily at locations within the basic territory that the named insured does not own, control, rent, or lease. Coverage does not apply to theft losses from unattended vehicles unless the loss is the result of forced entry into a securely locked compartment in the vehicle and there are visible marks or evidence of the forced entry. The limit is $2,500 in a single occurrence.

AP 310–ARTISANS PROPERTY ADDITIONAL COVERAGE ENDORSEMENT–2

This endorsement is identical to AP 0309–Artisans Property Additional Coverage Endorsement–1 except for the following:

The limits of insurance cannot be increased by using AP 312–Schedule of Artisans Property Additional Coverages.
There is no coverage for any of the following:

o Contractors Equipment

o Rental Reimbursement

o Installation Floater

o Personal Property Off Premises

AP 311–ARTISANS PROPERTY ADDITIONAL COVERAGE ENDORSEMENT–3

This endorsement is identical to AP 0309–Artisans Property Additional Coverage Endorsement–1 except for the following:

The limits of insurance are $5,000 instead of $10,000.
The limits of insurance cannot be increased by using AP 312–Schedule of Artisans Property Additional Coverages.
There is no coverage for any of the following:

o Contractors Equipment

o Rental Reimbursement

o Installation Floater

o Personal Property Off Premises