Six parts: declarations, insuring agreement, definitions, conditions, exclusions, endorsements.

Duties after a loss = conditions.

Supplementary payments are on top of the limit.

Agreed value = agreed amount paid on a total loss; stated value = a ceiling.

Valued policy, total loss = whole amount insured (§2054).

RC requiring repair: ACV first, the rest after the work.

The mortgagee is protected even if the owner's claim is denied.

Insurer that pays the mortgagee is subrogated up to its payment.

Mortgagee gets 10 days' written notice of cancellation.

Same terms = concurrent; different terms = nonconcurrent.

§676 limits apply after 60 days (new policy) or immediately (renewal).

Homeowners cancellation notice: 20 days; 10 for nonpayment or fraud.

Commercial: 30 days; 10 for nonpayment or fraud.

Personal lines refund: 25 business days; other policies: 80.

Late refund: 10% annual interest.

Nonrenewal notice 75 days; reduced-coverage renewal offer 45 days.

Perils: fire, lightning, removal from endangered premises.

Actual cash value basis; no theft coverage.

Other wording must be substantially equivalent or more favorable (§2070).

Disaster total loss: renewal offered for 2 annual periods, at least 24 months.

State of emergency ALE: 24 months + up to 12 = 36.

Civil authority order: 2 weeks, plus 2-week extensions.

Outline: contents payment of at least 30% of the policy limit, no itemized claim.

Current law: at least 60% of the personal property limit, up to $350,000.

Dwelling limit short? Combine dwelling + other structures limits.

ACV first; the difference after repair or replacement.

Time to collect RC: at least 12 months, or 36 in a state of emergency, plus 6-month extensions.

New location or buying elsewhere: paid up to original-site cost, no land deduction.