BNS CONSTRUCTION (OCFA FIRE STATION #70 REMODEL, ADA RESTROOM AND GENERATOR UPGRADE)

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Palomar 3. COVERED CAUSES OF LOSS PLMR BR 0001 Covered Causes of Loss means RISKS OF DIRECT PHYSICAL "LOSS" to Covered Property except those causes of "loss" listed in the Exclusions. 4. WHEN COVERAGE APPLIES a. Coverage applies while Covered Property is: i. At the construction jobsite awaiting, during and after construction, erection or fabrication; ii. At any "temporary" location other than the project site; or iii. In transit. b. Coverage ends when one of the following occurs: i. The owner or purchaser accepts the property; ii. Your interest ceases; iii. You abandon the construction with no intention to complete it; iv. When a structure is occupied or put to its intended use, without our written consent; v. Any other insurance covers the property as a completed building or structure; or vi. This policy expires or is cancelled. 5. ADDITIONAL COVERAGES Additional Coverage Limits of Insurance are separate from the Limits of Insurance shown in Section 1. of the Declarations. As a result of direct physical "loss" to Covered Property from a Covered Cause of Loss, we will pay up to the Limit of Insurance shown in Section 2. of the Declarations for the following: a. Debris Removal i. We will pay your expenses to remove debris of Covered Property caused by or resulting from a Covered Cause of Loss that occurs during the policy period. The expenses will be paid only if they are reported to us in writing within 180 days of the date of direct physical 'loss." ii. The most we will pay under this Additional Coverage is the percentage shown on the Declarations which is the sum of the amount we pay for direct physical `loss" to Covered Property plus the applicable deductible amount, but not more than the amount shown in section 1. of the Declarations. iii. This Additional Coverage does not apply to costs to: a) Extract "pollutants" from land or water; or b) Remove, restore or replace polluted land or water. b. Additional Debris Removal If the sum of debris removal expense, deductible amount and our payment for direct physical 'loss" exceeds the applicable Limit of Insurance in Section 1. of the Declarations, we will pay up to the Limit of Insurance shown in the Declarations for Additional Debris Removal Expense. c. Pollutant Clean -Up and Removal We will pay your expenses to extract "pollutants" from land or water at the job site if the discharge, dispersal, seepage, migration, release or escape of the "pollutants" is caused by or results from a Covered Cause of Loss that occurs during the policy period. The expenses will be paid only if they are reported to us in writing within 180 days of the date on which the Covered Cause of Loss occurs. This Additional Coverage does not apply to costs to test for, monitor or assess the existence, concentration or effects of "pollutants." But we will pay for testing which is performed in the course of extracting the PLMR BR 0001 V20_03 Page 12