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Collapse

An ISO HO policy insures collapse resulting from certain causes.

The NYPIUA DP-1 policy does not cover collapse.

Glass Breakage

An ISO HO policy insures glass breakage.

The NYPIUA DP-1 policy does not cover glass breakage.

Ordinance or Law

An ISO HO policy insures ordinance or law expense for an additional limit that is 10 percent of the Coverage A—Dwelling limit.

The NYPIUA DP-1 policy insures ordinance or law expense only as an option.

Loss Valuation

An ISO HO policy is settled on the basis of replacement cost (RC).

The NYPIUA DP-1 policy is settled on the basis of actual cash value (ACV).

Vacancy

An ISO HO-2 policy excludes damage caused by "vandalism or malicious mischief" and "accidental discharge or overflow of water or steam" if the dwelling has been vacant more than 30 consecutive days prior to loss and it excludes "glass breakage" if the dwelling has been vacant more than 60 consecutive days prior to loss. (Vacancy does not mean a dwelling in the course of construction.) The HO-3 policy is the same, except that it does not exclude damage caused by "accidental discharge or overflow of water or steam" during a period of vacancy.

The NYPIUA DP-1 policy excludes all causes of loss if the dwelling has been vacant or unoccupied more than 60 consecutive days prior to loss (except for dwellings in the course of construction and seasonal occupancy).

Increase In Hazard

An ISO HO policy does not exclude loss while the hazard is increased by the insured.

The NYPIUA DP-1 policy excludes loss while the hazard is increased by any means within the control or knowledge of the insured.

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