It is a symbol of the french revolution. It means the law is the same for all, and all are equal before it, regardless of their gender, religion, socio-economic status, etc.
What are the limits in the standard homeowners policy? [Note: this answer is based on the Insurance Services Office's HO-3 policy.] Coverage A and B cover your dwelling and other structures on the premises on an âall risksâ basis up to the policy limits. You set the limit for Coverage A when you buy the policy. The Coverage B limit is usually equal to 10% of the policy limit on Coverage A. Coverage C covers losses to your personal property on a ânamed perilsâ basis, which means youâre covered for all the perils specifically named on your policy.
A homeowners insurance policy is meant to cover your home for itâs full REPLACEMENT COST TO REBUILD. This does not include the land value, because the insurance policy will not replace the land. Insurance Companies use a Replacement Cost Estimator to determine the homeâs replacement cost to rebuild. Some factors that are part of the RCE are: The homeâs square footage