9 Causes of Leaky Windows. One of the main reasons to ensure your windows are watertight is to keep moisture out of the walls. Once inside your walls, moisture can cause rot, mold and pest problems. Keeping water at bay would be easier, of course, if our homes had no openings for doors and windows. But of course houses do have what those in the building trades refer to as penetrations.
A âhold harmlessâ agreement, on the other hand, is one party agreeing not to hold the other party responsible for any loss, damage, or legal liability that may arise from the matters made the subject of the agreement.
agreed value coverage option or provision. A commercial property insurance provision that suspends the coinsurance clause until a specified expiration date. Insurers usually require a statement of property values signed by the insured as a condition of activating or including an agreed value provision in a commercial property policy. Previously referred to as an agreed amount clause. See also Coinsurance provision. More Commercial Property Information from IRMI.