BLX GROUP, LLC - Laserfiche WebLink

Home Browse Search

74996569 COMMERCIAL AUTOMOBILE THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY COMMERCIAL AUTOMOBILE BROAD FORM ENDORSEMENT This endorsement modifies insurance provided under the following: BUSINESS AUTO COVERAGE FORM borrow in your business cr your personal Ths endorsement modifies the Business Auto Coverage Farm affairs. 1. EXTENDED CANCELLATION CONDITION Q Lessors as Insureds Paragraph A 2.b. —CANCELLATION -of the Paragraph A.1.—WHO IS AN INSURED —of COMMON POLICY CONDITIONS form L 0017 is SECTION II—LIABILITY COVERAGE is deleted and replaced with the following: amended to add the following) b. 60 days before the effective date of cancellation it a The lessor of a covered'auto" while the we cancel for any other reason. "auto" is leased b you under a written 2. BROAD FORM INSURED agreement if. A. Subsidiaries and Newly Acquired or Formed (1) The agreement requires you b Organizations As Insureds provide direct primary insurance for The Named Insured shown in the Declarations is the lessor; and amended is include: (2) The"auto," is leased without a driver. 1 Any legally incorporated subsidiary in which Such leased "auto" will be considered a you own more than 50% of the voting stock on covered "auW you own and not a covered the effective date of the Coverage Form 'auto" you hire However, the Narned Insured does rxat include However, the lesser is an "insured' only any subsidiary that is an "insured°' under any for"bodily injury' or'property damage" other automobile policy or would be an resulting from the acts or omissions by 'insured" under such apolicy but far it$ 1. You; termination or the exhaustion of its Linn of 27 Any of your`ernployeW or agents; Insurance or 2. Any organization that is acquired or farmed by 3, Any person, except the lessor or you and over which you maintain majority any 'employee" or agent of the ownership. However, the Named Insured lesser, operating an"auto with the does not include any newly formed or acquired permission of any of 1 and/or 2 organization, above. (a) That a an 'Insured' under any other CIS Persons And Organizations As Insureds automobile policy, Under A Written Insured Contract (b) That has exhausted its Limit of Insurance Paragraph A —WHO IS AN INSURED—of under any other poky; or SECTION Il --LIABILITY COVERAGE is (c) 184 days or more after 1 acquisition or amended to add the following: formation by you, unless you have given f. Any person or organization with respect to us written notice of the acquisition or the operaWrt maintenance or use of a formation covered "auto% proms ded that you and Coverage does not apply iD"bodily injury" or such person or organization have agreed property damage" that results from an 'accident" under an e)pvss provision in a written that occurred before you formed or acquired the "insured contract", written agreement or a organ zation written permit issued to you by a B. Employees as Insureds governmental or public authority to add Paragraph A 1,—WHO IS AN INSURED—oaf such person or organization io,this poll cy SECTION N —LIABILITY COVERAGE is amended to as an"insured", add the following: However, such person or orgmzation a d Any"employee"of yours while using a an"insured" only: covered "auto' you dorrt own, hire or Form: 16-02-0292 (Rev. 11-16) Page 1 of 'Includes copyrighted material of Insurance Services Office, Inc. with its permission"