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98-C9-R412-4 010974 FE-8724 Page 2 of 4 h. Cooperate with us in the investigation or 12. Knowledge or Control. We will not pay for settlement of the claim; loss while the chance of loss is increased by i. Resume all or part of your business activi- any means within your knowledge or control. ,.. ties at the described premises as quickly 13. Policy Period, Coverage Territory. We coy- ..: as possible. er loss commencing during the policy period 7. Appraisal. If you and we disagree on the and within or between the coverage territory. value of the property or the amount of loss ei- The coverage territory is the United States of they may make written demand for an ap- America (including its territories and posses- § praisal of the loss. In this event, each party sions) Puerto Rico and Canada. op will select a competent and impartial apprais- 14.Changes V er. Each party will notify the other of the se- a. This policy contains all the agreements lected appraiser's identity within 20 days after a. This policy contains all the agreements between you and us concerning the insur- receipt of the written demand for an appraisal. The two appraisers will select an umpire. If ance afforded. The first Named Insured shown in the Declarations is authorized to the appraisers cannot agree upon an umpire within 15 days, either may request that selec- make changes in the terms of this policy with our consent. This policy's terms can tion be made by a judge of a court having ju- endorse- risdiction. The appraisers will state separately be amended or waived only by the value of the property and amount of loss. ment issued by us and made a part of this If they fail to agree, they will submit their dif- ferences to the umpire. A decision agreed to b. We may change the Named Insured's pol- by any two will be binding. Each party will: icy address as shown in the Declarations a. Pay its chosen appraiser; and and in our records to the most recent ad- dress provided to us by: b. Bear the other expenses of the appraisal (1) You; or and umpire equally. 8. Abandonment. There can be no abandon- (2) The United States Postal Service. ment of any property to us. 15.Concealment, Misrepresentation or Fraud. 9. Legal Action Against Us. No one may bring This policy is void in any case of fraud by you legal action against us under this insurance as it relates to the policy at any time. It is also unless: void if you or any other insured intentionally conceal or misrepresent a material fact Ion- a. There has been full compliance with all of cerning: the terms of this insurance; and a. This policy; b. The action is brought within two years af- b. The covered property; ter the date on which the accidental direct physical loss occurred. But if the law of c. Your interest in the covered property; or the state in which this policy is issued al- d. A claim under this policy. lows more than two years to bring legal action against us, that longer period of If the loss is also the result of an act of do- time will apply. mestic abuse by you, this policy is not void as 10. Recovered Property. If eitheryou or we re- to any other insured provided that the other insured files a police report, cooperates with cover any property after loss settlement, that any law enforcement investigation relating to party must give the other prompt notice. At the act of domestic abuse and did not cooper- your option, the property will be returned to ate in or contribute to the loss. you. You must then return to us the amount we paid to you for the property. We will pay If we pay for such a loss, our payment to the recovery expenses and the expenses to repair insured is limited to that insured's insurable in- the recovered property subject to the limit of terest in the property less any payments we insurance. first made to a mortgagee or other party with a 11. No Benefit to Bailee. No person or organiza- legal secured interest in the property. In no tion, other than you, having custody of coy- event will we pay more than the Limit Of In- ered property will benefit from this insurance. surance. ©,Copyright,State Farm Mutual Automobile Insurance Company,2011 CONTINUED