What is the maximum amount covered for debris removal if a building is completely destroyed by a covered peril under the Building and Personal Property Form?

In the context of property insurance, specifically under the Building and Personal Property Form, the provision for debris removal is designed to help policyholders manage the costs associated with cleanup after a covered loss. When a building is completely destroyed, the debris removal coverage typically comes into play to address the expenses incurred in removing the remnants of the structure.

The correct maximum amount covered for debris removal under this form is set at $10,000. This limit is important because it provides a safety net for policyholders who may not have budgeted for the additional costs associated with debris removal, which can be significant. By ensuring there is a predefined limit, the policy encourages careful planning and risk management in the event that a covered peril causes destruction.

Therefore, understanding this limit helps policyholders better prepare for potential losses and the associated costs. It illustrates the necessity of considering such coverage limits when purchasing property insurance, ensuring that adequate protection is in place for unforeseen events.