FLEET SOLUTIONS, LLC (3) - Laserfiche WebLink

Home Browse Search

E. Lost Key Coverage 1. Coverage is extended to include the following: If a customer's master or grand key, excluding electronic key card, is lost while in your care, custody or control we will pay the cost of replacing the keys, including the master lock and all keys used in the same lock, the cost of adjusting locks to accept the new keys, or the cost to replace the locks, whichever is less. 2. The most we will pay for "loss" arising out of any one "occurrence" is $10,000. 3. The following definition is added: "Loss" means unintentional physical damage or destruction to tangible property, including theft or disappearance. Tangible property does not in- clude money or securities. SUPPLEMENTARY PAYMENTS — COVERAGES A AND B. F. Supplementary Payments Paragraphs 1.b. and 1.d. are deleted and replaced with the following: b. Up to $2,500 for the cost of bail bonds required because of accidents or traffic violations arising out of any vehicle to which Bodily Injury Liability Coverage applies. We do not have to furnish these bonds. d. All reasonable expenses incurred by the insured at our request to assist us in the investigation or defense of the claim or "suit", including actual loss of earnings up to $500 a day because of time off work. SECTION II —WHO IS AN INSURED G. Newly Acquired Or Formed Organizations The following replaces Paragraph 3.: 3. Any organization you newly acquire or form, other than a partnership, joint venture or limited liability company, over which you maintain ownership or majority interest, will qualify as a Named Insured if there is no other similar insurance available to that organization. However: a. Coverage under this provision is afforded only until the one hundred eightieth (1801h) day after you acquire or form the organization or the end of the policy period, whichever is earlier; b. Coverage A does not apply to "bodily injury" or "property damage" that occurred before you acquired or formed the organization; and d. This provision does not apply to any organi- zation for which coverage is excluded by another endorsement to this policy. H. Additional Insured — Owner, Manager Or Lessor Of Premises Or Leased Equipment The following paragraph is added: 4. Any person or organization that you have agreed in a contract or agreement to include as an addi- tional insured on this policy, but: a. Only with respect to liability for "bodily injury" or "property damage" that occurs, or "personal and advertising injury" caused by an offense committed, after you have entered into that contract or agreement; and Only if the "bodily injury", "property damage" or "personal and advertising injury" is caused, in whole or in part, by you or any person or organization performing operations on your behalf, and arises out of the ownership, main- tenance or use of that part of any premises leased to you under that contract or agree- ment; or (1) The "bodily injury", "property damage" or "personal and advertising injury" is caused, in whole or in part, by you or any person or organization performing opera- tions on your behalf, and arises out of the maintenance, operation or use of equip- ment leased to you by such additional insured. b. The insurance provided to such additional insured under this provision is subject to the following: (1) The limits of insurance afforded to such additional insured shall be the limits which you agreed to provide in the con- tractor agreement, or the limits shown in the Declarations, whichever are less; and (2) The insurance afforded to such additional insured does not apply: (a) To any "bodily injury" or "property damage" that occurs, or "personal and advertising injury" caused by an offense committed, after you cease to be a tenant in that premises; (b) To any structural alterations, con- struction or demolition operations performed by or on behalf of such additional insured; c. Coverage B does not apply to "personal and (c) To any premises for which coverage advertising injury" arising out of an offense is excluded by another endorsement committed before you acquired or formed the a Part; to this Coverage g RLI INSURANCE COMPANY RGL 365 01 24 Contains copyrighted material of Insurance Services O APPROVED Page 3 of 7 with its permission �By Cynthia Mora at 7:47 am, Nov 25, 2024