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e . e . e damage; and (ii) The threat of flO<Xl damage must be of such irmninence as to lead a person of common prudence to apprehend flood damage; and (iii) A general and temporary condition of flooding in the area must oc- cur. even if the flooding does not reach the insured property. or a legally authorized official must issue an evacuation order or other civil order for the community in which the insured property is located calling for measures to preserve life and property from the peril of flood. B. We cover your Personal Property as contents incidental to lIle occupan- cy aCthe building as a dwelling under the policy. subject to "C" below. and that belonging to members of your family in your household and. al your option within the limits of contents coverage purchased for personal propeny loss. guests' and servants' personal property and the personal pr0p- erty of others for which you may be responsible-all while stored within a building at the propeny address. Personal property in the open and not stored in a building shall not be covered against loss by flood under this policy. However, personal property located in buildings having in place two or more rigid walls and a fully secured roof are covered if the contents are secured to prevent flotation out of the building during flooding; the flota- tion Ollt oflhe building during flooding: of any such contents shall be deem- ed by you and us to establish the conclusive presumption that the contents were nOl reasonably secured to prevent flotation. At your option at the time of loss, in an amount up to 10% of the amount of insurance you have pur- chased to cover personal property. this policy will also cover: I. Loss to improvements, alterations, and additions made by you, as a Tenant, to an insured building at the property address; 2. If you are an individual condominium unit owner. loss to the interior walls, floors. and ceilings of your unit that are nol otherwise covered under a condominium association policy. C. Limitations: As a limitation on "8" , above, we shall not reimburse YOll for loss in anyone flood as to the following personal property 10 the extent the total loss of such property exceeds $250.00: paintings. etchings. pictures. tapestries. art glass windows and other works of art (such as but not limited to statuary, marbles, bronzes. rare books), necklaces, bracelets, gems, precious or semi-precious stones, articles of gold. silver. or platinum and furs or any article containing fur which represents its principal value. In the case of personal property owned. by you in a condominium building, as a dwelling unil owner, as well as in common with other dwelling unil owners, should the amount of insurance collectible under this policy for a loss, when combined with any recovery available to you as a tenant in common under any condomininum association flood insurance coverage provided under the Act for the same loss, exceed the statutorily permissi- ble limits of contents coverage available for the insuring of single-family dwelling owners under the Act, then the limits of contents coverage under this policy shall be reduced in regard to that loss by the amount ofsuch excess. D. Debris Removal: Within the limits of your coverage, we cover any expense you incur. including the value of your own labor and the labor of members of your household at prevailing Federal minimum wage rates, as a result of removing debris of, on or from the insured property so long as the debris problem was directly caused by a flood. E. DemoUtion Coverage: Within the limits of your coverage, you may apply all or part of the proceeds of any flood insurance claim you make under this policy toward the expenses you incur in removing damaged por- ltans of the insured building from the property location following a flood loss. ARI1CLE V-PROPERTY NOT COVERED We do not cover and will not pay for damage to or loss of any of the following: A. Accounts. bills, currency, deeds, evidences of debl. money, coins, medals, postage stamps. securities. bullion. manuscripts, or other valuable papers or records and contents used in connection with any incidental com- mercial occupancy or use of the building. B. A building, and its contents, localed entirely in, on. or over water or seaward of mean high tide, if the building was newly constructed or substantially improved on or after October 1, 1982. C. Fences, retaining walls. seawalls, swimming pools, bulkheads. wharves. piers, bridges. docks; other open structures located on or over water, including boat houses or other similar structures or buildings into which boats are floated or personal property in the open. D. Land values,lawn, trees, shrubs or plantS, growing crops. or livestock; underground SU'UCtl1TeS and equipment including wells, septic tanks or septic systems; those portions of walks, walkways, driveways. patios. and other surfaces. all of whatever kind of construction, located outside the perimeter, October 1992 exterior walls of the insured building. E. Animals. birds. fish; aircraft. any self-propelled vehicle or machine and motor vehicles (other than motorized equipment pertaining to the serv- ice of the premises. operated. principally on the premises of the insured. and not licensed for highway use) including their parts and equipment. trailers on wheels and other recreational vehicles whether affixed 10 a per- manent foundation or on wheels; watercraft including their furnishings and equipmem; and business property. F. Enclosures. contents, machinery, building components. equipmenl and fixtures located at an elevation lower than the lowest elevated floor of an elevated Post-FIRM building (except for the required utility connec- tions and the footing, foundation, posts, pilings, piers or other foundation walls and anchorage system as required for the support of the elevated Post- FIRM building). including a manufactured (Le., mobile) home: fmished basement walls, floors, ceilings and other improvements to a basement hav- ing its floor subgrade on all sides (except for drywalls and sheetrock walls and ceilings. whetherfinishcd or unfinished, all only to the extent of replacing them with unfinished {i.e., nailed to framing but nOl taped or otherwise finished with paint or other covering] drywall or sheetrock. ceilings or walls, and except for fiberglass insulation), and contents, machinery. building equipmenl and fixtures in such basement areas: except thaI, as to this sub. paragraph (F), coverage is provided in basement areas and in areas below the lowest elevated floor of an elevated Post-FIRM building for sump pumps. well.waler tanks, well-water lank pumps. oil tanks and the oil in them. cisterns and the water in them. natural gas tanks and the gas in them, pumps andlor tanks used in conjunction with solar energy systems, furnaces. hOI water heaters. clothes washers and dryers. food freezers and the food in them. air conditioners. heat pumps and electrical junction and circuit breaker boxes; and coverage is also provided in basement areas and in areas below the lowest elevated floor of an elevated Post-FIRM building for stairways and staircases attached to the building which are not separated from the building by elevated walkways and for elevators and relevant equipment, except for such relevant equipment located below the base flood elevation if such relevant equipment was installed on or after October 1. 1987. G. Buildings and their contents, including machinery and equipment. which are part of the building. where more than 49 percent of the actual cash value of such buildings is below ground. unless the lowest level is at or above the base flood elevation (in the Regular Program) or the adja. cent ground level (in the Emergency Program) by reason of earth having been used as an insulation material in conjunction with energy efficient building techniques, H. A manufactured (Le.. mobile) home located or placed within a FEMA designaled Special Flood Hazard Area that is nOl anchored to a permanent foundation 10 resist flotation. collapse. or laleral movemenl (i) by over. the-top or frame ties to ground anchors or (ii) in accordance with manufac- turer's specifications or (iii) in compliance with the community's flood plain management requirements, unless it is a manufactured (i.e., mobile) home on a permanent foundation conlinuously insured by the National Flood In- surance Program at the same site at least since September 30, 1982. I. Units which are primarily containers, rather than buildings (such as gas and liquid tanks). J. A building, and its contents. newly constructed or substantially im- proved on or after October I, 1983, in an area designated as an undeveloped coastal barrier within the Coastal Barrier Resources Syslem established by the Coastal Barrier Resources Act (Pub. L. 97-348). ARI1CLE VI-DEDUCTIBLES A. Each loss to your insured property is subject to a deductible provision under which you bear a ponion of the loss before payment is made under the policy. B. The loss deductible shall apply separately to each building loss and contents (personal property) loss including, as to each. any appurtenant structure loss and debris removal expense. C. The amount of the deductible for each loss occurrence is detcnnined as follows: we shall be liable only when such loss exceeds $500.00, or the amount of any higher deductible which you selected when you applied for this insurance or when you raised the deductible by endorsement, ARI1CLE VD-REPLACEMENT COST PROVISIONS Subject to Article VI and the limits of building coverage you have pur- chwsed., these provisions shall apply only to a Single Family Dwelling which is the principal residence of the insured and which is covered under this POL 17