What it does
Adds a described rental dwelling as an insured location for personal liability and medical payments.
Who needs it
Landlords with more than one rental dwelling insured on dwelling policies.
Quoting and selling notes
- Larger portfolios may be better placed on a lessor's risk only CGL; carriers often cap the number of units.
How the personal liability supplement fits
The dwelling property forms (DP 00 01, DP 00 02, DP 00 03) carry no liability coverage. DL 24 01 supplies personal liability and medical payments to others, with DL 24 03 (schedule) and DL 24 02 (additional policy conditions) used when it is written on its own. The DL 24 xx endorsements then mirror the homeowners Section II options: additional rental residences (DL 24 04), business pursuits (DL 24 05), incidental occupancies (DL 24 09), additional insureds (DL 24 10), non-owner-occupied premises (DL 24 11) and home day care (DL 24 16 / DL 24 17).
Editions and availability
Current edition 12 02, replacing 07 88. Carriers adopt ISO editions state by state, so an in-force policy may carry an older edition.
