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<br />BUILDERS RISK COVERAGE <br /> <br />FOR A FULL DESCRIPTION OF TERMS, DEFINITIONS AND CONDITIONS PLEASE REFER <br />TO THE POLICY DOCUMENT <br /> <br />INSURER <br />Citizens Property Insurance Corp. Not Rated by A.M. Bests <br /> <br />PROPERTY INSURED/CONTRACT <br />Construction of a public recreation facility. Gym located at 18115 North Bay <br />Road, Sunny Isles Beach, FL. Contract Term - 12 months. <br />Building Value of Gym - $3,000,000 <br /> <br />COVERAGE LIMITS (*) <br />$ 1,000,000 ** <br /> <br />Building <br /> <br />. Coverage Limits must be ultimately chosen by the Insured. We as Agents cannot recommend <br />the adequate limit of protection. Higher or lower timits may be avaifable. Please let us know if a <br />quote is desired. <br />.. $1.000.000 is the maximum limit avaifable in Citizens Property Ins. Corp, Additional limits are <br />available in the Excess and Surplus Lines Markets, Should you desire a quolation please let us <br />know, <br /> <br />COVERAGE TERMS AND CONDITIONS <br />Covered Losses Wind & Hail Only <br /> <br />Valuation <br /> <br />Replacement Cost <br /> <br />Coinsurance <br /> <br />None. <br /> <br />Deductible <br /> <br />3% Wind & Hail Deductible - 3% of completed Value <br /> <br />Exclusions <br /> <br />Exclusions include, but are not limited to, the following: <br />All perils other than Wind & Hail <br /> <br />4 <br />