RCBAP – Loss Settlement Clause

A condominium is not a type of building; it is a form of ownership of a building. The one exception to RCV settlement for an RCBAP is the use of the Special Loss Settlement Clause (Section VIII.V.3) when the building is a manufactured home, mobile home, or travel trailer as defined in the RCBAP (Section II.B.6.b and c).

To qualify, the same requirements found in the Dwelling Form apply: The building must be at least 16 feet wide with at least 600 square feet within its perimeter walls, and it must be the principal residence of the policyholder.

Mobile home elevated, with skirting and a front porch deck