Laserfiche WebLink
<br />Conditions <br /> <br />Other Insurance <br />(continued) <br /> <br />PremiumAudit <br /> <br />SeparafionOf Insureds <br /> <br />Liability Insurance <br />Form BO-02-20Gq'Rev. 4-01) <br /> <br />General Liabitity <br /> <br />Econolite Control Products, Inc. <br />Econolite Trafffic Engineering & <br />Maintenance, Jne. <br />California Chassis, Inc. <br />Policy #35818716 <br />04/27/06 to 04/27/07 <br /> <br />I). <br /> <br />thal is II1sur,UlC'C. <br /> <br />provided to you hy any person or organi7ation working under contra(.'t or agreement <br />J()r you~ or <br /> <br />2. undC'T which you arc includod as an insured; or <br /> <br />l~. thaI i~ in~lIral1ccul1dcr any Pr()pcrly sCi.:ti{lI1 of III is policy <br /> <br />When this insuraw.:t: is t'XI.\~SS. \\~ will havt' no duty to ddcnt.l the illSUHd against .my suit irany <br />01J1C[ insuH..'rh:'L' a duty to lk:fcnd slIch insured against sw:h suit. 11"no olher insllfcr defends, WI..' <br />will undertake 10 Ull S{I, hut we \vill hI;;.' cnlitlcJ to the in~urcd'srightsag,unst all tho~ ollh:r <br />Insurer:>. <br /> <br />When ihis ill:)\U'an~c is I.,.'Xl..'I.,.'S5 u\'l,.'r olher in..'}uram'l;;', we will p;'iy ouly our shan: o1'lhl".' ;.uno\Ull of <br />loss, if :.my, lh..,. t:Xl'l;'l~JS lhc sum (}f lh<.' t()lal: <br /> <br />iUuoulH that all othl..'r illSUraJlc(.' wuuld pay for 10$.'1 lntht" absem:c tlfthis insufiUlcc; ,U1d <br /> <br />of all dcJUt:lihlc anu sd f- insurcdunounts under all other insufl-\.Jlcc, <br /> <br />We will share the remaining loss, if any, with any olher insurance that is TI(ll JescrihcJ in this <br />Excess [nsuralll.:e provision and was nOI ncgotiat<;;:d spe(.'jticaJly 10 apply ill c;~cc;.;s of the J.imitsOf <br />Insurance sho""11 in the Declarations ol'this insurance. <br /> <br />Method of Sharing <br /> <br />If al[ of the ot[ler insuram:<.:perrnitscontrioution oy equal stUUI.:S, \VI.: \\ilIl"lJlhlW this rm:lhod also <br />1 Jlllk'r this mcth()d L'\i(,'h insurl..'rCtlIl1rihutcscqual amlmnlS until it has paid its applil'uhlc limits Ill' <br />insurance or [HlOC of thc loss remains, whichever comes first. <br /> <br />If any of the ortT\:r insunuK'c does not permit c01ltribution hy eQual shares, we will comrihute by <br />limit:". Under Ihis method, each insurcr's...,harc is nascd on Ih~ ratio nfits applicahll.: limits of <br />insuramx:: 10 {he rota! applicabk limits of in:wfimc<..' of ,111 in.surers. <br /> <br />We.; wilt t;mnputc all prcmiums for thi~ insurance in accordance with our rules and rlltes. <br /> <br />In accnnlancc with the Estimated Premiumssl"Ction of the Premium Summary, premium~ shown <br />~\ith an aSlerisk (* I art' t.'Slin1<Jtcu pn:miumsand arc subject to audit, <br /> <br />In .lddilil'll to llfin lieu (}f ~m;h dcsignatilHl in the Prcmiunl Summary, pfelniullls may bl.: llcsiguatl.:d <br />as estimated prcm[umscl~\\hcrcin this policy It! that t:asc, these premiullls will also hL' suh,iccl III <br />audit, and the St"<;nnd paragraph ofLhe Estimated Prcmiumssct:lioJl nfthc Premium Summary will <br />apply. <br /> <br />f:.\L:cpJ \\-illJ JCSPCl:( (0 the [.illlihOl'lllsuralll:L:. and ally rights or dUlil's spL:t:irkally assigned ill this <br />insl.lrancc [0 [he llrst namel! insured, this insurance applies: <br /> <br />as ifcach nan10d insured were the only named insured; and <br /> <br />scparaft.'ly to <-..Kh ;murcd againsl whom "Jaim is made or suit is hrought. <br /> <br />/\. "I <br /> <br />~/Ir <br /> <br />i', <br /> <br />Contract <br /> <br />Page 23 of 32 <br />