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X. LOAN/LEASE GAP COVERAGE <br />SECTION III - PHYSICAL DAMAGE COVERAGE C. Limit of Insurance, the following is added: <br />4. In the event of a "total loss" to a covered "auto" shown in the schedule or declarations for <br />which Collision and Comprehensive Coverage apply, we will pay any unpaid amount due on <br />the lease or loan for that covered "auto," less: <br />a. The amount paid under the Physical Damage Coverage Section of the <br />policy; and <br />b. Any: <br />(1) Overdue lease/loan payments at the time of the "loss"; <br />(2) Financial penalties imposed under a lease for excessive use, abnormal wear <br />and tear or high mileage. <br />(3) Security deposits not returned by the lessor; <br />(4) Costs for extended warranties, Credit Life Insurance, Health, Accident or <br />Disability Insurance purchased with the loan or lease; and <br />(5) Carry-over balances from previous loans or leases. <br />The most we will pay under Auto Loan/Lease Gap Coverage for an insured auto is 25% of <br />the actual cash value of that insured auto at the time of the loss. <br />XI. GLASS REPAIR — DEDUCTIBLE WAIVER <br />SECTION III - PHYSICAL DAMAGE COVERAGE, D. Deductible, the following is added: <br />No deductible applies to glass damage if the glass is repaired rather than replaced. <br />XII. TWO OR MORE DEDUCTIBLES <br />SECTION III -PHYSICAL DAMAGE COVERAGE, D. Deductible, the following is added: <br />If two or more "company" policies or coverage forms apply to the same accident: <br />1. If the applicable Business Auto deductible is the smallest, it will be waived; or <br />2. If the applicable Business Auto deductible is not the smallest, it will be reduced by <br />the amount of the smallest deductible; or <br />3. If the loss involves two or more Business Auto coverage forms or policies the <br />smallest deductible will be waived. <br />For the purpose of this endorsement "company" means the company providing this <br />insurance and any of the affiliated members of the Mercury Insurance Group of companies. <br />XIII. AMENDED DUTIES IN EVENT OF ACCIDENT, CLAIM, SUIT OR LOSS <br />The requirement in SECTION IV, BUSINESS AUTO CONDITIONS, A. Loss Conditions, 2. Duties In The <br />Event Of Accident, Claim, Suit, Or Loss, a., In the event of "accident", you must notify us of an <br />"accident" applies only when the "accident" is known to: <br />(1) You, if you are an individual; <br />(2) A partner, if you are a partnership; <br />(3) A member, if you are a limited liability company; or <br />(4) An executive officer or insurance manager, if you are a corporation. <br />RlslMa Agartatt ohnsim <br />Copyright 2017 Mercury Insurance services, LLC. All rights reserved. RtmE &APPRW Sr. <br />MCA85100817-CA Includes copyrighted material of Insurance services Office, Inc., with its Permiss A� Accv.4 <br />�. <br />Ruh Management Specialist <br />