PL - IA 01/01/2013 Rates and Manuals - Western National Insurance ...

Western National Mutual Insurance CompanyIOWA HOMEOWNER RULESproperty covered under Coverage A is settled on a replacement cost basis.2.3.2 Coverage CWith the exception of Preferred Form 3, Preferred Form 5, and Preferred Form 6, loss toproperty covered under Coverage C is settled on an actual cash value basis. OnPreferred Forms 3, 5 and 6, loss to property covered under Coverage C is settled on areplacement cost basis.2.4 Perils Insured AgainstForm 2 insures property covered under Coverages A, B and C and the related costs coveredunder Coverage D against all risks of direct physical loss by the perils indicated below.Perils Covered Form 2Fire or LightningXWindstorm or HailXExplosionXRiot or Civil CommotionXAircraftXVehiclesXSmokeXSinkhole CollapseXVolcanic ActionXVandalismXTheftXFalling ObjectsXWeight of Ice, Snow, or SleetXSudden and Accidental Tearing Apart, Burning, or Bulging XAccidental Discharge of Liquids or Steam FreezingXSudden and Accidental Damage from Electrical Currents XForm 3 insures property covered under Coverages A and B and the related costs coveredunder Coverage D against all risks of direct physical loss, with certain exceptions. Propertycovered under Coverage C is insured against risks of direct physical loss by the perils shown forForm 2.Form 4 insures property covered under Coverage C, the insured's interest in buildingimprovements and betterments, and the related costs covered under Coverage D against risksof direct physical loss by the perils shown for Form 2.Form 5 insures property covered under Coverages A, B, and C and the related costs coveredunder Coverage D against all risks of direct physical loss, with certain exceptions.Form 6 insures property covered under Coverages A and C and the related costs coveredunder Coverage D against risks of direct physical loss by the perils shown for Form 2.7-1-2010 IA - Rules - 5 General RulesIncludes copyrighted material with permission of American Association of Insurance Services