(1) Property owned by the insured or owned by others and in charge of by the insured;
(2) Property managed by the insured or kept by others;
(3) Other legally recognized properties that have economic benefits with the insured.
Article 2 The following properties are not within the scope of the subject matter insured, unless specially agreed by the insured and the insurer and specified in the insurance policy:
(a) gold and silver, jewelry, diamonds, jade, jewelry, ancient coins, antiques, ancient books, ancient paintings, stamps, works of art, rare metals and other valuable property;
(2) Dams, sluices, railways, roads, culverts, bridges and docks;
(3) Equipment and materials in mines and mines.
Article 3 The following property does not fall within the scope of the subject matter insured:
(1) Land, mineral deposits, mines, pits, forests, aquatic resources and crops that have not been harvested or put into storage after harvest;
(2) Currency, tickets, negotiable securities, documents, account books, charts, technical data, computer data, guns and ammunition, and property with no appraisal value;
(three) illegal buildings, dangerous buildings, illegally occupied real estate;
(four) materials in the process of transportation;
(5) A motor vehicle that has obtained a license plate and is operating normally;
(6) Livestock, poultry and other raised animals.
Article 4 Where the loss of the subject matter insured is caused by the following reasons, the insurer shall be liable for compensation:
(1) Fire and explosion;
(2) Lightning strike, rainstorm, flood, typhoon, storm, tornado, snowstorm, hail, ice, debris flow, cliff collapse, sudden landslide and land subsidence;
(3) The falling of flying objects and other airborne objects.
Article 5 An insurer shall also be responsible for the following losses of the subject matter insured:
(1) The self-use power supply, water supply and gas supply equipment for which the insured has property ownership is damaged due to the insured accident, resulting in power failure, water cut-off and gas cut-off, thus causing direct losses to the subject matter insured;
(2) When an insured accident occurs and losses are caused to the subject matter insured, take reasonable and necessary measures to rescue the subject matter insured or prevent the disaster from expanding. Article 6 In the event of an insured accident, the insurer shall bear the necessary and reasonable expenses paid by the insured to prevent or reduce the loss of the subject matter insured.