Laserfiche WebLink
CG 72 88 12 16 <br />2. Limit of Insurance - The most we will pay <br />for loss arising out of any one 'occurrence" <br />is $5,000. <br />3. Deductible - Our obligation to pay for a <br />covered loss applies only to the amount of <br />loss in excess of $250. <br />We will pay the deductible amount to effect <br />settlement of any claim or "suit' and upon <br />notification having been taken you shall <br />promptly reimburse us for the deductible as <br />has been paid by us. <br />This insurance is primary to any expanded <br />damage coverage provided by a separate <br />endorsement attached to this policy, and it <br />will supplant any deductible in said <br />endorsement. <br />E. Damage To Premises Rented To You <br />1. Under Section I — Coverages, Coverage A <br />Bodily Injury And Property Damage <br />Liability, the last paragraph of 2. <br />Exclusions is replaced with: <br />If Damage To Premises Rented To You is <br />not otherwise excluded, Exclusions c. <br />through n. do not apply to damage by fire, <br />lightning, explosion, smoke, or sprinkler <br />leakage to premises while rented to you or <br />temporarily occupied by you with permission <br />of the owner. A separate limit of insurance <br />applies to this coverage as described in <br />Section III — Limits Of Insurance. <br />2. Under Section III — Limits Of Insurance, <br />Paragraph 6. is replaced with: <br />6. Subject to 5. above, the Damage To <br />Premises Rented To You Limit is the <br />most we will pay under Coverage A for <br />damages because of "property damage" <br />to any one premises, while rented to <br />you, or in the case of damage by fire, <br />lightning, explosion, smoke or sprinkler <br />leakage, while rented to you or <br />temporarily occupied by you with <br />permission of the owner. The limit is <br />increased to $1,000,000. <br />3. Under Section IV — Commercial General <br />Liability Conditions, Condition 4. Other <br />Insurance, b. Excess Insurance (1) (a) (ii) <br />is replaced with: <br />(if) That is Fire, Lightning, Explosion, <br />Smoke, or Sprinkler leakage <br />insurance for premises rented to <br />you or temporarily occupied by you <br />with permission of the owner. <br />F. Supplementary Payments <br />Under Section I — Coverages, Supplementary <br />Payments — Coverages A and B Paragraphs <br />1.b. and 1.d. are replaced with: <br />b. Up to $2,500 for cost of bail bonds required <br />because of accidents or traffic law violations <br />arising out of the use of any vehicle to which <br />the Bodily Injury Liability Coverage applies. <br />We do not have to furnish these bonds. <br />d. All reasonable expenses incurred by the <br />insured at our request to assist us in the <br />investigation or defense of the claim or <br />"suit", including actual loss of earnings up to <br />$500 a day because of time off from work. <br />G. Newly Formed And Acquired Organizations <br />Under Section II — Who Is An Insured <br />Paragraph 3.a. is replaced with: <br />a. Coverage under this provision is afforded <br />only until the 180th day after you acquire or <br />form the organization or the end of the policy <br />period, whichever is earlier; <br />H. Additional Insured — Automatic Status When <br />Required In An Agreement Or Contract With <br />You <br />Section II — Who Is An Insured is amended to <br />include: <br />4. Any person(s) or organization(s) described <br />in Paragraphs a. — d. below with whom you <br />have agreed in writing in a contract or <br />written agreement that such person or <br />organization be added as an additional <br />insured on your policy during the policy <br />period shown in the Declarations. <br />The person or organization added as an <br />insured by this endorsement is an insured <br />only for liability due to: <br />a. Lessors of Leased Equipment with <br />respect to their liability for "bodily injury", <br />"property damage", or "personal and <br />advertising injury", caused in whole or in <br />part by your maintenance, operation or <br />use of equipment leased to you by such <br />person(s) or organization(s). This <br />insurance does not apply to any <br />..occurrence" which takes place after the <br />lease expires. <br />However, their status as additional <br />insured under this policy ends when <br />their lease, contract, or agreement with <br />you for such leased equipment expires. <br />Page 2 of 5 Includes copyrighted material of Insurance Services Office, Inc., <br />with its permission. <br />CG 72 88 12 16 <br />Risk MotagnnmfDitislon <br />REmEwi D & APPRdN® BY: <br />e <br />�' Risk Management Analyst <br />