Laserfiche WebLink
Metadata
Document management portal powered by Laserfiche WebLink 9 © 1998-2015 Laserfiche. All rights reserved.
<br />1O~07-20{)3 10:18 AM <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />Ie) That Is lnsuranC9 purchased by you to cover your liability as a tenanl lor "property damage" to <br />IlrBmlses rented 10 you or temporarily occuplBd by you with permission of the owner; or <br /> <br />(d) II the loss arises out 01 the maintenance or use 01 aircraft, "aulas" or watercraft to tha extent nol <br />subjBct to exclusion g. 01 Section 1- Coverage A. Bodily Injury And PropBrIy Damage liability. <br /> <br />(2) Any other pdmary Insurance avaDablB to you covering liability for damages arising out of thB llI'emlses or opo <br />Bralions lor which you have been addad BS en additional insured by aIlachment of an endorsement. <br /> <br />When this insurance Is BXCBSS, Wit will have no duty under Coverages A or B to dafend the insured against <br />any "sun" U any other Insurer has a duty to defend the insured against that .sun.. If no other insurer defends, <br />we will undertake to do so, but we will be entitled to thlt insured's rights against all those other Insurera. <br /> <br />WhBn this insurance is excess over other insurance, we will pay only our share of the amount of the loss, if <br />any, that axcaeds tho sum of. <br /> <br />(11 The total amount that all such other Insuranclt would pay for the loss in the absence of this insurance: and <br /> <br />(21 Thlt total of all deductible and sell-insured amounts under all that other insurance. <br /> <br />We will sh,lre the remaining loss, If any, with Bny other insurance that 1$ not described In thl$ Excess Insur- <br />ance provision Bnd was not bought BpBcifically to apply in eXCBSS of tha Limits of Insurance shown In the <br />Declarations of this Coverage Part. <br /> <br />c. Method 01 Sharing <br /> <br />If all 01 the other Insuranca permils contributlon by equal shares, we will follow this method alsO. Under this <br />approach each Insurer contributes equal amounts until It has paid Its BpplicBble limit 01 Insurance or none of <br />the loss remains, whichever comBS first. <br /> <br />If any of the other Insurance does not permit contribution by equal shBres, we will contribute by limils. Under <br />this mathod, each insurar's shara Is based on 1I1e ratio of Il$ applicable limn of insurance to the total appl~ <br />cablB limits of Insurance of BII insurers. <br /> <br />5. Premium Audit <br /> <br />a. We will compute ell premiums lor this Coverage Part In accordance with our rulBs and rates. <br /> <br />b. Premium shown in this Coversge Pert as advance premium Is a deposit prernlum only. At the close of each <br />audit period we will compute the earned premium for that period. Audit prBmlums are dUB and payable on <br />notice to the first Named Insured. If the sum of the edvance and audit prBmiums paid for the policy period Is <br />grllaterthan the eamed premium, we will relumthB llXCeIlSlothe&st Named Insured. <br /> <br />c. Th" first Namad Insur"d must keep recorda of the Information we naed for premium computation, and sand <br />us copies at such timas as we may request <br /> <br />6. Representations <br /> <br />By accepting this policy, you agree: <br /> <br />a. The statamenls in the Oeclarations are accurate and complete; <br /> <br />b. Those statBmBn13 are based upon represBntatlonll you made to us; and <br /> <br />c. We have Issued this poliCY In rBllancB upon your reprBsentations. <br /> <br />7. Separation 01 Insureds <br /> <br />Except with raspect to the Umlls of Insurance, end any rights or duties specifically assigned in this Coverage <br />Part to the Iim Named Insured, this insurance applies: <br /> <br />a. As If each Named Insured werB thB only Named Insured: Bnd <br /> <br />b. SBparately to each Insured against whom claim Is made or "sun" is brought. <br /> <br />8. Transfer 01 Rights or Recovery Allainst Others To Us <br /> <br />If the insured has rights to reCQver all or pert of any payment we hava made under thlB Coverage Part, those <br />rights ar" translerred to us. The insured must do nothing Biter loss to Impair them. P3. our request, the insured <br />will bring .suif" or transfer those rtghls to us and hBlp us enforce them. <br /> <br />9. When We Do Nol Renew <br /> <br />II we decide not to r"new this Coverage Part, wa will mBII or deliver to the first Named Insured shown in the <br />DeclaraUons Written notice 01 thB nonrenewal not IBSS than 30 days belora the expIration dalB. <br /> <br />If notice is mailed, proal 01 mailing will be sufficient proof of nollce. <br /> <br />~~4- <br /> <br />~ ~, ' <br /> <br />,"., <br /> <br />COMMERCIAL GENERAL LIA8IUTY <br /> <br />Copyright, InsullII1C8 SeMe.. Office, Inc., 1997 <br /> <br />CG 00 01 0701 <br />