Air Conditioning Unit Not Classified as an Appliance

My insured has CP 00 10 04 02 and CP 10 30 04 02 coverage forms applicable with replacement cost coverage on structure and contents.

An outside central a/c unit was stolen off its platform behind the building.

The CP 00 10 form declares the following property will be valued at ACV even when attached to a building:

(2) Appliances for refrigerating, ventilating, cooking, dishwashing or laundering; or

(3) Outdoor equipment or furniture.

I don't think the a/c unit would be classified in this category and should be paid at RCV once the unit has been replaced.

Do you agree or disagree?

Arkansas Subscriber

We agree with your assessment of the situation. The property to be valued at ACV section does not include air conditioning units in its list of appliances, and an a/c unit does not seem to fit into any of the categories on the list.