North Carolina Homeowner Coverage Comparison Chart
Compares the Enhanced (HE0007 Homeowners Enhancement Coverage Form with the HE 32 21 Extended
Enhancement Coverage Form Attached) to the Standard Form (Homeowners 3- Special Form)
Coverage Features
HE0007 (01/04)
with HE 32 21 (01/04)*
HO 00 03 (10/00)
including HO 32 32 (01/04)**
(unendorsed***)
Buildings
Loss Settlement
Other Structures
Guaranteed Replacement Cost
(may be capped at 25 or 50%
Above Dwelling Limit)
20% Dwelling Limit
Replacement Cost up to
Dwelling Limit Only
10% Dwelling Limit
Contents
Perils Insured Against
Loss Settlement
Open Peril
Replacement Cost
Named Peril
Actual Cash Value
(Depreciation Applies)
Loss of Use
Mortgage Expense
Civil Authority Prohibited Use
Included- 12 Months
30 Days
Not Included
2 Weeks
Special Limits of Liability
Money
Securities
Watercraft Including Trailers
Trailers Not Used With Watercraft
Theft of Jewelry and Furs
Theft of Property from Vault
Theft of Firearms
Theft of Silverware
Business Property On Premises
Business Property Off Premises
$1,000
$5,500
$2,500
$3,500
$5,500/$1,500 Max Per Item
Includes Misplacing
$50,000 for Securities, Jewelry,
Furs, Silverware
$10,000
Includes Misplacing
$10,000
Includes Misplacing
$5,000
$1,500
$200
$1,500
$1,500
$1,500
$1,500
Still Subject to Special Limits of
Liability
10% of Contents
$10,000 Max
25% of Contents
$10,000 Max
$2,500
$500
Additional Coverages
Debris Removal including trees
felled by wind, hail or weight of ice,
sleet or snow if damage covered
structure or block driveway or
handicap ramp access to dwelling
Trees, Shrubs, Plants
(specified perils only)
Fire Dept. Service Charge
Property Removed If Endangered
by Peril Insured Against
Property at Other Residences
5% Dwelling Limit
Tree Removal Subject to $2,000
Per Loss, $1,000 Any One Tree
5% Dwelling Limit
Tree Removal Subject to $500
Limit Per Loss Regardless of the
Number of Fallen Trees
5% Dwelling Limit
Up to $1000 Per Tree,
Plant, Shrub
$1,000
5% Dwelling Limit
Up to $500 Per Tree,
Plant, Shrub
$500
90 Days
30 Days
Greater of 10% Contents
or $10,000
Greater of 10% Contents
or $1,000
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Coverage Features Continued
HE0007 (01/04)
with HE 32 21 (01/04)*
HO 00 03 (10/00)
including HO 32 32 (01/04)**
(unendorsed***)
Additional Coverages Continued
Property at Newly Acquired
Residence
Credit Card/Bank Card
Loss Assessment
Ordinance or Law (not pollutants)
Water Back Up and Sump
Discharge or Overflow
Refrigerated Property
Lock Replacement Due to
Theft of Keys
Land Replace, Stabilize or
Rebuild
Reward Coverage
Witness Reimbursement
Deductible Waiver
Power Interruption
60 Days
30 Days
$5,000
$5,000
$500
$1,000
Limited to 10%
Dwelling Limit
Included
$20,000
Not Included
$500 With No Deductible
Not Included
$500
Not Included
$10,000
Not Included
$2,500 for Info Leading to Arrest
and Conviction, Up to $5,000 for
Return of Stolen Covered Property
Up to $250 Per Day for
Loss of Earnings,
$50 Per Day for Expenses,
$3,000 Max Limit
For Property Losses
Exceeding $50,000
Included Subject to Restrictions
Not Included
Not Included
Not Included
Not Included
Liability
Watercraft with Outboard Motors
Non-compensated Officers and
Directors of Not-for-Profit
Corporations Bodily Injury and
Property Damage Liability
50hp
25hp
Included
Not Included
$1,500
Included
Included IN ADDITION to Section
II Limit of Liability
Included
$1,000
Not Included
Included WITHIN
Section II Limit of Liability
Not Included
(does not include wrongful acts, errors
and omissions, and fiduciary liability)
Damage to Property of Others
Personal Injury Liability
Prejudgment Interest
Water Damage Legal Liability
If there is any conflict between the policy and this comparison, the provisions of the policy will apply.
* Policy form HE0007 01/04 Copyrighted 2003 by Insurance Services Office, Inc. and North Carolina Rate Bureau and form HE 32 21
01/04 Copyrighted 2003 by ISO Properties, Inc. and North Carolina Rate Bureau
** Policy form HO 00 03 10/00 Copyrighted 1999 by Insurance Services Office, Inc. and form HO 32 32 01/04 Copyrighted 2003 by ISO
Properties, Inc. and North Carolina Rate Bureau
***The HO 00 03 may be endorsed to add or increase coverages for additional premium. Even if endorsed with all optional
coverages available, coverage would not be equivalent even though cost would exceed the HE0007 with the HE 32 21. Refer to
your own HO 00 03 policy for those endorsements you may already purchase separately. If water back up coverage (HO 04 84
form) is now endorsed to your HO 00 03 policy you may elect to keep this endorsement on the H0007 with the HE 32 21 for the
same $25 premium since it does not limit your coverage to $20,000 but instead provides up to the full applicable policy limit.
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