9 Causes of Leaky Windows. One of the main reasons to ensure your windows are watertight is to keep moisture out of the walls. Once inside your walls, moisture can cause rot, mold and pest problems. Keeping water at bay would be easier, of course, if our homes had no openings for doors and windows. But of course houses do have what those in the building trades refer to as penetrations.
A âhold harmlessâ agreement, on the other hand, is one party agreeing not to hold the other party responsible for any loss, damage, or legal liability that may arise from the matters made the subject of the agreement.
The co-insurance clause on property insurance policies (buildings, contents, stock and equipment) has been in existence since about the turn of the twentieth century. It is a concept, however, that is. still highly misunderstood by many insurance buyers. The provision is included as a way to assure that. the insurance carrier receives the proper premium for the risk it is assuming. The co-insurance clause. states that the insured must carry an insurance limit on its property in an amount greater than or equal.