The Building and Personal
Property Form has a long list of property not
covered. Is this a rip-off? No. It's just good
economics - and saves you money! Most of this
list reflects risks that not all insureds have
and other forms of insurance can cover. So,
for instance, autos held for sale are excluded.
Good thing because your premiums won't be affected
by losses to this type of property. Those in
auto sales can obtain insurance specifically
fitted to this type of risk.
Curious about property
not covered? Whip out your policy and check
the list. Among items not covered:
• vehicles
licensed for use on public roads
• animals
• money
• other items that can be covered by other
forms of insurance
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