HomeMy WebLinkAboutInsurance Certificate: Advanced Air & Metal IncT ® DATE (MWDDIYYYY)
AC" o CERTIFICATE OF LIABILITY INSURANCE
O1/17/2025
THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS
CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES
BELOW. THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER(S), AUTHORIZED
REPRESENTATIVE OR PRODUCER, AND THE CERTIFICATE HOLDER.
IMPORTANT: If the certificate holder is an ADDITIONAL INSURED, the policy(ies) must have ADDITIONAL INSURED provisions or be endorsed.
If SUBROGATION IS WAIVED, subject to the terms and conditions of the policy, certain policies may require an endorsement. A statement on
this certificate does not confer rights to the certificate holder in lieu of such endorsement(s).
PRODUCER CONTACTNAME: Michelle Ely
Hart Insurance Agency pyON -
4 Y E
PO Box 1240 LG_da.Ext). (541)_779-4232 (AIC,Not:(541) 772-3963
E-MAIL
ADDRESS;,_-,_ melt'@hartinsurance.cam
Grants Pass OR 97528
_ - ... —... _.
INSURERS) AFFORDING COVERAGE
NAIC #
INSURER A: Cincinnati Insurance Company _.
--...
10677
--
INSURED
Advanced Air & Metal Inc
INSURERS:
-
INSURER C :
INSURERD:
695 E Vilas Rd Ste 101
INSURER
Central Point OR 97502
INSURERF:
(541) 772-6866
--
"'ei pFlftClf]h! AIIIMRFR-
vTHIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD
INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS
CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS,
EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS.
-----
—� ...
ILTR-.._.__. TYPEOFINSURANCE I DL N IS D POLICY NUMBER WIM Mk110DIYYYY LIMITS
A
rCOPAMERCLAL GENERALLIABILITY
CLAIAIS.MADE � OCCUR
Y
EPP 0475065
02/01/2025
02/01/2028
EACHOCCURRENCE
j S 1,000,,000
f DAMAGE TO RENTED
PREMISES(Ea _-_, _ence)
dAED EXP (Any ona person)
S _ 500,000
S 10,000
PERSONAL & ADV INJURY
S 1 , 000 000
I GEN1 AGGREGATE LINUT APPLIES PER
GENERAL AGGREGATE
S 2,000,000
X
POLICY PRO- LOC
I OTHER
IS
...,....
PRODUCTS-CONPIOPAGG
E
IS 2,000,000
-
�_..,. _....�
AUTOMOBILE LIABILITY
COMBINEO SINGLE LIMIT
a accident)
S 1, 000, 000
__—
BOOILYINJURY {Perperson)
S
A
ANY AUTO
EPP 0475065
02/01/2025.0
2/01/20281
- --- --- _
I SOOILYINJURY(Peraccident)
S
j OWNEDI SCHEDULED
1 AUTOS ONLY I AUTOS
HIRED NON -OWNED
AUTOS ONLY 3 AUTOS ONLY
j
-f'FtOPERTYDAF.IAGE
Per_„accident) -----
—_"_ _....__,
I S
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A
X
1 UMBRELLALIAB X
EXCESS LIAB
I OCCUR
CLAl1ASPdADE
3
EPP 0475065
02/01/2025102/01/2028E
EACH OCCURRENCE
-AGGREGATE _-
S 2,000,000
S 2,000,000
s
❑EO RETENTIDN S
WORKERS COMPENSATION
AND EMPLOYERS' LIABILITY Y!N
ANYPROPRIETORIPARTNERIEXECUTIVE ❑
OFFICE RR.I E1.IBER EXCLUDE D.
(Mandatory In NH)
If yes, describe under
DESCRIPTION OF OPERATIONS be:a••vDISEASE
NIA
PER € OTH-
STATUTE I
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E.L. EACH ACCIDENT
E.L. DISEAS.E-...- EMPLOYEE;
S ._.....
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E.L. DISEASE - POLICY LIMITS
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DESCRIPTION OF OPERATIONS I LOCATIONS I VEHICLES (ACORD 101, Additional Remarks Schedule, may be attached if more space is required)
Certificate holder is listed as additional insured with waiver of subrogation where required by
written contract per attached forms GA472 05/20 & AA288 06/20. .
The City of Ashland, Oregon, its officers, agents and employees are included as additional insured
on primary/non-contributory basis
CERTIFICATE HOLDER C:ANLtLLA I IUN
SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE
THE EXPIRATION DATE THEREOF, NOTICE WILL BE DELIVERED IN
ACCORDANCE WITH THE POLICY PROVISIONS.
City of Ashland
20 East Main Street AUTHORIZED REPRESENTATIVE
Ashland OR 97520
C�1 Ty23 i1'LUIA AVVi[U VVr�r L/RH1tV1Y. HIr r7t�llia IGAGrvGV.
ACORD 25 (2016103) The ACORD name and logo are registered marks of ACORD
Page 1 of 1
THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY.
CONTRACTORS ADDITIONAL INSURED - AUTOMATIC STATUS
AND AUTOMATIC WAIVER OF SUBROGATION
WHEN REQUIRED IN WRITTEN CONTRACT, AGREEMENT,
PERMIT OR AUTHORIZATION
This endorsement modifies insurance provided under the following:
COMMERCIAL GENERAL LIABILITY COVERAGE PART
A. Additional Insured - Owners, Lessees Or
Contractors - Automatic Status For Other
Parties When Required In Written Contract
Or Agreement With You
1. Section 11 - Who Is An Insured is
amended to include as an additional in-
sured any person or organization you
have agreed in writing in a contract or
agreement to add as an additional in-
sured on this Coverage Part. Such per-
son(s) or organization(s) is an additional
insured only with respect to liability for:
a. "Bodily injury' "property damage" or
"personal and advertising injury"
caused, in whole or in part, by the
performance of your ongoing opera-
tions by you or on your behalf, under
that written contract or written
agreement. Ongoing operations does
not apply to 'bodily injury" or "proper-
ty damage" occurring after:
(1) All work, including materials,
parts or equipment furnished in
connection with such work, on
the project (other than service,
maintenance or repairs) to be
performed by or on behalf of the
additional insured(s) at the loca-
tion of the covered operations
has been completed; or
(2) That portion of "your work" out of
which the injury or damage aris-
es has been put to its intended
use by any person or organiza-
tion other than another contrac-
tor or subcontractor engaged in
performing operations for a prin-
cipal as a part of the same pro-
ject; and
b, "Bodily injury' or "property damage"
caused, in whole or in part, by 'your
work" performed under that written
contract or written agreement and in-
cluded in the "products -completed
operations hazard", but only if:
(1) The Coverage Part to which this
endorsement is attached pro-
vides coverage for "bodily injury"
or "property damage" included
within the "products -completed
operations hazard"; and
(2) The written contract or written
agreement requires you to pro-
vide additional insured coverage
included within the "products -
completed operations hazard"
for that person or organization.
If the written contract or written
agreement requires you to provide
additional insured coverage included
within the "products -completed oper-
ations hazard" for a specified length
of time for that person or organiza-
tion, the "bodily injury" or "property
damage" must occur prior to the ex-
piration of that period of time in order
for this insurance to apply.
If the written contract or written
agreement requires you to provide
additional insured coverage for a
person or organization per only ISO
additional insured endorsement form
number CG 20 10, without specifying
an edition date, and without specifi-
cally requiring additional insured
coverage included within the "prod-
ucts -completed operations hazard",
this Paragraph b. does not apply to
that person or organization.
2. If the written contract or written agree-
ment described in Paragraph 1. above
specifically requires you to provide addi-
tional insured coverage to that person or
organization:
a. Arising out of your ongoing opera-
tions or arising out of'your work"; or
Includes copyrighted material of Insurance
GA 472 05 20 Services Office, Inc., with its permission. Page 1 of 3
b. By way of an edition of an ISO addi-
tional insured endorsement that in-
cludes arising out of your ongoing
operations or arising out of "your
work";
then the phrase caused, in whole or in
part, by in Paragraph A.1.a. and/or Para-
graph A.1.b. above, whichever applies, is
replaced by the phrase arising out of.
3. With respect to the insurance afforded to
the additional insureds described in Para-
graph A.1., the following additional exclu-
sion applies:
This insurance does not apply to "bodily C
injury', "property damage" or "personal
and advertising injury' arising out of the
rendering of, or the failure to render, any
professional architectural, engineering or
surveying services, including:
a. The preparing, approving or failing to
prepare or approve, maps, shop
drawings, opinions, reports, surveys,
field orders, change orders or draw-
ings and specifications; or
b. Supervisory, inspection, architectural
or engineering activities.
This exclusion applies even if the claims
against any insured allege negligence or
other wrongdoing in the supervision, hir-
ing, employment, training or monitoring of
others by that insured, if the "occurrence"
which caused the "bodily injury" or "prop-
erty damage", or the offense which
caused the "personal and advertising inju-
ry", involved the rendering of, or the fail-
ure to render, any professional architec-
tural, engineering or surveying services.
4. This Paragraph A. does not apply to addi-
tional insureds described in Paragraph B.
B. Additional Insured -State Or Governmental
Agency Or Subdivision Or Political Subdi-
vision - Automatic Status When Required
In Written Permits Or Authorizations
1. Section 11 - Who Is An Insured is
amended to include as an additional in-
sured any state or governmental agency
or subdivision or political subdivision you
have agreed in writing in a permit or au-
thorization to add as an additional insured
on this Coverage Part. Such state or gov-
ernmental agency or subdivision or politi-
cal subdivision is an additional insured
only with respect to operations performed
by you or on your behalf for which the
state or governmental agency or subdivi-
sion or political subdivision has issued, in
writing, a permit or authorization.
2. With respect to the insurance afforded to
the additional insureds described in Para-
graph B.1., the following additional exclu-
sions apply:
This insurance does not apply to:
a. "Bodily injury', "property damage" or
"personal and advertising injury" aris-
ing out of operations performed for
the federal government, state or mu-
nicipality; or
b. "Bodily injury' or "property damage"
included within the "products -
completed operations hazard."
The insurance afforded to additional insureds
described in Paragraphs A. and B.:
1. Only applies to the extent permitted by
taw; and
2. Will not be broader than that which you
are required by the written contract, writ-
ten agreement, written permit or written
authorization to provide for such addition-
al insured; and
3. Does not apply to any person, organiza-
tion, state, governmental agency or sub-
division or political subdivision specifically
named as an additional insured for the
same project in the schedule of an en-
dorsement added to this Coverage Part.
D. With respect to the insurance afforded to the
additional insureds described in Paragraphs
A. and B., the following is added to Section III
- Limits Of Insurance:
The most we will pay on behalf of the addi-
tional insured is the amount of insurance:
1. Required by the written contract, written
agreement, written permit or written au-
thorization described in Paragraphs A.
and B. For the purpose of determining the
required amount of insurance only, we will
include the minimum amount of any Um-
brella Liability or Excess Liability cover-
age required for that additional insured in
that written contract, written agreement,
written permit or written authorization; or
2. Available under the applicable limits of in-
surance;
whichever is less.
This endorsement shall not increase the appli-
cable limits of insurance.
E. Section IV - Commercial General Liability
Conditions is amended to add the following:
Automatic Additional Insured Provision
Includes copyrighted material of Insurance
GA 472 05 20 Services Office, Inc., with its permission. Page 2 of 3
This insurance applies only if the "bodily inju-
ry" or "property damage" occurs, or the "per-
sonal and advertising injury' offense is com-
mitted:
1, During the policy period; and
2. Subsequent to your execution of the writ-
ten contract or written agreement, or the
issuance of a written permit or written au-
thorization, described in Paragraphs A.
and B.
F. Except when G. below applies, the following is
added to Section IV - Commercial General
Liability Conditions, Other Insurance, and
supersedes any provision to the contrary:
When Other Additional Insured Coverage
Applies On An Excess Basis
This insurance is primary to other insurance
available to the additional insured described in
Paragraphs A. and B. except.
1. As otherwise provided in Section IV -
Commercial General Liability Condi-
tions, Other Insurance, b. Excess In-
surance; or
2. For any other valid and collectible insur-
ance available to the additional insured as
an additional insured on another insur-
ance policy that is written on an excess
basis. In such case, this insurance is also
excess.
G. The following is added to Section IV - Com-
mercial General Liability Conditions, Other
Insurance, and supersedes any provision to
the contrary:
Primary Insurance When Required By Writ-
ten Contract, Agreement, Permit Or Au-
thorization
Except when wrap-up insurance applies to the
claim or "suit" on behalf of the additional in-
sured, this insurance is primary to any other
insurance available to the additional insured
described in Paragraphs A. and B. provided
that:
1. The additional insured is a Named In-
sured under such other insurance; and
2. You have agreed in writing in a contract,
agreement, permit or authorization de-
scribed in Paragraph A. or B. that this in-
surance would be primary to any other in-
surance available to the additional in-
sured.
As used in this endorsement, wrap-up insur-
ance means a centralized insurance program
under which one party has secured either in-
surance or self-insurance covering some or all
of the contractors or subcontractors perform-
ing work on one or more specific project(s).
Primary And Noncontributory Insurance
When Required By Written Contract,
Agreement, Permit Or Authorization
Except when wrap-up insurance applies to the
claim or "suit" on behalf of the additional in-
sured, this insurance is primary to and will not
seek contribution from any other insurance
available to the additional insured described in
Paragraphs A. and B. provided that:
1. The additional insured is a Named In-
sured under such other insurance; and
2. You have agreed in writing in a contract,
agreement, permit or authorization de-
scribed in Paragraph A. or B. that this in-
surance would be primary and would not
seek contribution from any other insur-
ance available to the additional insured.
As used in this endorsement, wrap-up insur-
ance means a centralized insurance program
under which one party has secured either in-
surance or self-insurance covering some or all
of the contractors or subcontractors perform-
ing work on one or more specific project(s).
H. Section IV - Commercial General Liability
Conditions, Transfer Of Rights Of Recov-
ery Against Others To Us is amended by the
addition of the following:
Waiver of Subrogation
We waive any right of recovery against any
additional insured under this endorsement,
because of any payment we make under this
endorsement, to whom the insured has
waived its right of recovery in a written con-
tract, written agreement, written permit or writ-
ten authorization. Such waiver by us applies
only to the extent that the insured has waived
its right of recovery against such additional in-
sured prior to loss.
Includes copyrighted material of Insurance
GA 472 05 20 Services Office, Inc., with its permission. Page 3 of 3
THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY.
CinciPlusO
BUSINESS AUTO XC+®
(EXPANDED COVERAGE PLUS)
ENDORSEMENT
This endorsement modifies insurance provided by the following:
BUSINESS AUTO COVERAGE FORM
With respect to the coverage provided by this endorsement, the provisions of the Coverage Form apply unless
modified by this endorsement.
A. Blanket Waiver of Subrogation
SECTION IV - BUSINESS AUTO CONDI-
TIONS, A. Loss Conditions, 5. Transfer of
Rights of Recovery Against Others to Us is
amended by the addition of the following:
We waive any right of recovery we may have
against any person or organization because of
payments we make for "bodily injury" or
"property damage" arising out of the operation
of a covered "auto" when you have assumed
liability for such "bodily injury" or "property
damage" under an "insured contract", provid-
ed the "bodily injury" or "property damage" oc-
curs subsequent to the execution or the "in-
sured contract".
B. Noncontributory Insurance
SECTION IV - BUSINESS AUTO CONDI-
TIONS, B. General Conditions, 5. Other In-
surance c. is deleted in its entirety and re-
placed by the following:
c. Regardless of the provisions of Par-
agraph a. above, this Coverage
Form's Liability Coverage is primary
and we will not seek contribution
from any other insurance for any lia-
bility assumed under an "insured
contract" that requires liability to be
assumed on a primary noncontributo-
ry basis.
C, Additional Insured by Contract
This provision does not apply unless the valid
written contract has been:
1. Executed prior to the accident causing
"bodily injury" or "property damage"; and
2. Is still in force at the time of the "accident"
causing "bodily injury" or "property dam-
age".
D. Employee Hired Auto
1. Changes in Liability Coverage
The following is added to the SECTION II
- LIABILITY COVERAGE, A, Coverage,
1. Who is an Insured:
An "employee" of yours is an "insured"
while operating an "auto" hired or rented
under a contract or agreement in that
"employee's" name, with your permission,
while performing duties related to the
conduct of your business.
2. Changes in General Conditions
SECTION IV - BUSINESS AUTO CON-
DITIONS, B. General Conditions, 5.
Other Insurance is deleted in its entirety
and replaced by the following:
b. For Hired Auto Physical Damage
Coverage the following are deemed
to be covered "autos" you own:
(1) Any covered "auto" you lease,
hire, rent or borrow; and
SECTION It - LIABILITY COVERAGE, A,
Coverage, 1. Who is an Insured is amended (2) Any covered "auto" hired or
to include as an insured any person or organi- rented by your "employee" under
a contract in that individual "em-
zation for whom you have agreed in a valid
written contract to provide insurance as af- mission,
name, with your per-
m
forded by this policy. misssion, while performing duties
related to the conduct of your
This provision is limited to the scope of the business.
valid written contract.
Includes copyrighted material of ISO
AA 288 06 20 Properties, Inc., with its permission. Page 1 of 4
However, any "auto" that is leased,
hired, rented or borrowed with a driver
is not a covered "auto".
E. Audio, Visual and Data Electronic Equip-
ment
SECTION III - PHYSICAL DAMAGE COV-
ERAGE, C, Limit of Insurance is amended
by adding the following:
4. The most we will pay for all "loss" to au-
dio, visual or data electronic equipment
and any accessories used with this
equipment as a result of any one "acci-
dent" is the lesser of:
a. The actual cash value of the dam-
aged or stolen property as of the time
of the "accident";
b. The cost of repairing or replacing the
damaged or stolen property with oth-
er property of like kind and quality; or
c. $2,500.
Provided the equipment, at the time of the
"loss" is:
a. Permanently installed in or upon the
covered "auto" in a housing, opening
or other location that is not normally
used by the "auto" manufacturer for
the installation of such equipment;
b. Removable from a permanently in-
stalled housing unit as described in
Paragraph 2.a. above; or
c. An integral part of such equipment,
F. Who is an Insured - Amended
SECTION II - LIABILITY COVERAGE, A.
Coverage, 1. Who is an Insured is amended
by adding the following:
The following are "insureds":
1. Any subsidiary which is a legally incorpo-
rated entity of which you own a financial
interest of more than 50% of the voting
stock on the effective date of this cover-
age form.
However, the insurance afforded by this
provision does not apply to any subsidiary
that is an "insured" under any other au-
tomobile liability policy or would be an "in-
sured" under such policy but for termina-
tion of such policy or the exhaustion of
such policy's limits of insurance.
2, Any organization that is newly acquired or
formed by you and over which you main-
tain majority ownership, The insurance
provided by this provision:
a. Is effective on the date of acquisition
or formation, and is afforded for 180
days after such date;
b. Does not apply to "bodily injury" or
"property damage" resulting from an
"accident" that occurred before you
acquired or formed the organization;
c. Does not apply to any newly acquired
or formed organization that is a joint
venture or partnership; and
d. Does not apply to an insured under
any other automobile liability policy or
would be an insured under such a
policy but for the termination of such
policy or the exhaustion of such poli-
cy's limits of insurance.
3. Any of your "employees" while using a
covered "auto" in your business or your
personal affairs, provided you do not own,
hire or borrow that "auto".
G. Liability Coverage Extensions - Supple-
mentary Payments - Higher Limits
SECTION 11 - LIABILITY COVERAGE, A.
Coverage, 2, Coverage Extensions, a. Sup-
plementary Payments is amended by:
1. Replacing the $2,000 Limit of Insurance
for bail bonds with $4,000 in (2); and
2. Replacing the $250 Limit of Insurance for
reasonable expenses with $500 in (4).
H. Amended Fellow Employee Exclusion
SECTION II - LIABILITY COVERAGE, B. Ex-
clusions, 5. Fellow Employee is modified as
follows:
Exclusion 5. Fellow Employee is deleted
Hired Auto - Physical Damage
If hired "autos" are covered "autos" for Liability
Coverage, then Comprehensive and Collision
Physical Damage Coverages as provided un-
der SECTION III - PHYSICAL DAMAGE
COVERAGE of this Coverage Part are ex-
tended to "autos" you hire, subject to the fol-
lowing:
1. The most we will pay for "loss" to any
hired "auto" is $50,000 or the actual cash
value or cost to repair or replace, which-
ever is the least, minus a deductible.
2. The deductible will be equal to the largest
deductible applicable to any owned "auto"
for that coverage, or $1,000, whichever is
less.
Hired Auto - Physical Damage coverage
is excess over any other collectible insur-
ance.
Includes copyrighted material of ISO
AA 288 06 20 Properties, Inc., with its permission. Page 2 of 4
4. Subject to the above limit, deductible, and
K. Transportation Expense - Higher Limits
excess provisions we will provide cover-
age equal to the broadest coverage appli-
cable to any covered "auto" you own in-
ERAGE, A. Coverage, 4. Coverage Exten-
sions is amended by replacing $20 per day
sured under this policy.
with $50 per day, and $600 maximum with
Coverage includes loss of use of that hired au-
$1,500 maximum in Extension a. Transpor-
to, provided it results from an "accident" for
tation Expenses.
which you are legally liable and as a result of
which a monetary loss is sustained by the
L. Airbag Coverage
leasing or rental concern. The most we will
SECTION III - PHYSICAL DAMAGE COV-
pay for any one "accident" is $3,000.
ERAGE, B. Exclusions, 3.a. is amended by
If a limit for Hired Auto - Physical Damage is
adding the following:
shown in the Schedule, then that limit replac-
However, the mechanical and electrical
es, and is not added to, the $50,000 limit indi-
breakdown portion of this exclusion does not
cated above and the deductibles shown in the
apply to the accidental discharge of an airbag.
Schedule are applicable.
This coverage for airbags is excess over any
J. Rental Reimbursement
other collectible insurance or warranty.
SECTION III - PHYSICAL DAMAGE COV-
M. Loan or Lease Gap Coverage
ERAGE is amended by adding the following:
1. SECTION III - PHYSICAL DAMAGE
1. We will pay for rental reimbursement ex-
COVERAGE, C. Limit of Insurance is
deleted in its entirety and replaced by the
penses incurred by you for the rental of
an "auto" because of a "loss" to a covered
following, but only for private passenger
"auto". Payment applies in addition to the
type "autos" with an original loan or lease,
otherwise applicable amount of each cov-
and only in the event of a "total loss" to
"auto":
erage you have on a covered "auto" No
such a private passenger type
deductible applies to this coverage.
a. The most we will pay for "loss" in any
2. We will pay only for those expenses in-
one "accident" is the greater of:
curred during the policy period beginning
(1) The amount due under the terms
24 hours after the "loss" and ending, re-
of the lease or loan to which
gardless of the policy's expiration, with
your covered private passenger
the lesser of the following number of
type "auto" is subject, but will not
days:
include:
a. The number of days reasonably re-
(a) Overdue lease or loan pay-
quired to repair the covered "auto". If
ments:
"loss" is caused by theft, this number
of days is added to the number of
(b) Financial penalties imposed
days it takes to locate the covered
under the lease due to high
"auto" and return it to you; or
mileage, excessive use or
abnormal wear and tear;
b, 30 days.
(c) eposits not re -
3. Our payment is limited to the lesser of the
the lessor;
funded bySecurity the
following amounts:
an -
(d} Costs for extended warrce,
a. Necessaryand actual expenses in-
p
ties, Credit Life Insurance,
curred; or
Health, Accident or Disabil-
b. $50 per day.
ity Insurance purchased
with the loan or lease; and
4. This coverage does not apply while there
"autos"
(e) Carry-over balances from
are spare or reserve available to
previous loans or leases, or
you for your operations.
5. We will pay under this coverage only that
(2) Actual cash value of the stolen
amount of your rental reimbursement ex-
or damaged property.
penses which is not already provided for
b. An adjustment for depreciation and
under SECTION It[ - PHYSICAL DAM-
physical condition will be made in de -
AGE COVERAGE, A. Coverage, 4.
termining actual cash value at the
Coverage Extensions.
time of "loss".
Includes copyrighted material of ISO
AA 288 06 20 Properties, Inc.,
with its permission. Page 3 of 4
N
R
2. SECTION V - DEFINITIONS is amended
by adding the following, but only for the
purposes of this Loan or Lease Gap
Coverage:
"Total loss" means a "loss" in which the
cost of repairs plus the salvage value ex-
ceeds the actual cash value.
Glass Repair - Waiver of Deductible
SECTION III - PHYSICAL DAMAGE COV-
ERAGE, D. Deductible is amended by adding
the following:
No deductible applies to glass damage if the
glass is repaired in a manner acceptable to us
rather than replaced.
Duties in the Event of an Accident, Claim,
Suit or Loss - Amended
SECTION IV - BUSINESS AUTO CONDI-
TIONS, A. Loss Conditions, 2. Duties in the
Event of Accident, Claim, Suit or Loss, a. is
amended by adding the following:
This condition applies only when the "acci-
dent" or "loss" is known to:
1. You, if you are an individual;
2. A partner, if you are a partnership;
3. An executive officer or insurance manag-
er, if you are a corporation: or
4. A member or manager, if you are a lim-
ited liability company.
P. Unintentional Failure to Disclose Hazards
SECTION IV - BUSINESS AUTO CONDI-
TIONS, B. General Conditions, 2. Conceal-
ment, Misrepresentation or Fraud is
amended by adding the following:
However, if you unintentionally fail: to disclose
any hazards existing on the effective date of
this Coverage Form, we will not deny cover-
age under this Coverage Form because of
such failure,
Q. Mental Anguish Resulting from Bodily inju-
ry
SECTION V - DEFINITIONS, C. "Bodily inju-
ry" is deleted in its entirety and replaced by
the following:
"Bodily injury" means bodily injury, sickness or
disease sustained by a person, including men-
tal anguish and death sustained by the same
person that results from such bodily injury,
sickness or disease. "Bodily injury" does not
include mental anguish or death that does not
result from bodily injury, sickness or disease.
R. Coverage for Certain Operations in Con-
nection with Railroads
With respect to the use of a covered "auto" in
operations for or affecting a railroad:
1. SECTION V - DEFINITIONS, H. "Insured
contract", 1.c. is deleted in its entirety and
replaced by the following:
c. An easement or license agreement;
2. SECTION V - DEFINITIONS, H. "Insured
contract", 2,a. is deleted.
Includes copyrighted material of ISO
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