COMMERCIAL PROPERTY COVERAGE PART DECLARATIONS PAGE POLICY NO. SP 0001 EFFECTIVE DATE 10 /1/ 2023 'X" If Supplemental Declarations Is Attached NAMED INSURED Bailey's Department Store, LLC. DESCRIPTION OF PREMISES Prem. Bldg No. No. Location, Construction and Occupancy 001 001 1234 College Drive College Town, USA Masonry Non-combustible Retail store COVERAGES PROVIDED Insurance at The Described Premises Applies Only for Coverages for Which a Limit of Insurance Is Shown Prem. Bldg. Limit Covered No. No. Coverage Of Insurance Causes Of Loss Coinsurance Rates 001 001 Building $500,000 Special 80% (See Scbed.) Your Business Personal Property $250,000 Broad and Personal Property of Others Business Income and Extra $250,000 Special Expense - Monthly Limit 1/4 OPTIONAL COVERAGES Prem. Bidg Replacement Cost (X) No. No. Building Pers Including Prop. "Stock" 001 001 X X Inflation Guard (6%) BIdg Pers. Prop. X DESCRIPTION OF PREMISES Prem. BIdg. Mortgageholder Name and Mailing Address No. No. 001 Workingtown Savings and Loan Assn. 400 Main Street Workingtown, PA 19001 DEDUCTIBLE $5,000 Exceptions: n/a Endorsements SO Earthquake Endorsement2. Bailey's Department Store, LLC. suffered a fire loss on 3/15/2024. The cost to repair the damage to the building was estimated at $165,000. At the time of the loss, the replacement cost of the building was $750,000. As a direct result of the fire above, Bailey's also suffered loss of business income and paid out extra expenses as provided below. Utilize the information on the Declaration page and the appropriate form to answer this question. Following is a schedule of the lost income and extra expense by day, week or month. Following Month 6, Bailey's was back open.' Amount of Loss/Expense Loss Amount Paid Timeframe from Business Extra Business Extra Loss Income Expenses Income Expenses Day 1 L H1 00 L) Day 2 Week 3 Week 4 Month 2 LISy R0 Month 4 Month 5 Month 6 Complete the table indicating the amount paid for each period both for business income and extra expenses. Also, please explain below how you determined the amounts covered or not covered. Be sure to properly cite any portion of the contract necessary to justify your response