HINDERLITER, DE LLAMAS AND ASSOCIATES

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Policy Number: TCP702275411 4. Other Insurance (3) When this insurance is excess over other If other valid and collectible insurance is available insurance, we will pay only our share of the to the insured for a loss we cover under Coverages amount of the loss, if any, that exceeds the A or B of this Coverage Part, our obligations are sum of: limited as follows: (a) The total amount that all such other a. Primary Insurance insurance would pay for the loss in the This insurance is primary except when absence of this insurance;and Paragraph b. below applies. If this insurance is (b) The total of all deductible and self-insured primary, our obligations are not affected unless amounts under all that other insurance. any of the other insurance is also primary. Then, (4) We will share the remaining loss, if any, with we will share with all that other insurance by the any other insurance that is not described in method described in Paragraph c. below. this Excess Insurance provision and was not b. Excess Insurance bought specifically to apply in excess of the Limits of Insurance shown in the Declarations (1) This insurance is excess over: of this Coverage Part. (a) Any of the other insurance, whether c. Method Of Sharing primary, excess, contingent or on any other basis: If all of the other insurance permits contribution by equal shares, we will follow this method also. (i) That is Fire, Extended Coverage, Under this approach each insurer contributes Builder's Risk, Installation Risk or equal amounts until it has paid its applicable limit similar coverage for "your work"; of insurance or none of the loss remains, (11) That is Fire insurance for premises whichever comes first. rented to you or temporarily occupied If any of the other insurance does not permit by you with permission of the owner; contribution by equal shares, we will contribute (111) That is insurance purchased by you to by limits. Under this method, each insurer's cover your liability as a tenant for share is based on the ratio of its applicable limit "property damage" to premises rented of insurance to the total applicable limits of to you or temporarily occupied by you insurance of all insurers. with permission of the owner; or 5. Premium Audit (iv) If the loss arises out of the a. We will compute all premiums for this Coverage maintenance or use of aircraft, "autos" Part in accordance with our rules and rates. or watercraft to the extent not subject to Exclusion g. of Section I — b. Premium shown in this Coverage Part as Coverage A — Bodily Injury And advance premium is a deposit premium only. At Property Damage Liability. the close of each audit period we will compute the earned premium for that period and send (b) Any other primary insurance available to notice to the first Named Insured. The due date you covering liability for damages arising for audit and retrospective premiums is the date out of the premises or operations, or the shown as the due date on the bill. If the sum of products and completed operations, for the advance and audit premiums paid for the which you have been added as an policy period is greater than the earned premium, additional insured. we will return the excess to the first Named (2) When this insurance is excess, we will have Insured. no duty under Coverages A or B to defend c. The first Named Insured must keep records of the insured against any 'suit" if any other the information we need for premium insurer has a duty to defend the insured computation, and send us copies at such times against that "suit". If no other insurer defends, as we may request. we will undertake to do so, but we will be entitled to the insured's rights 6. Representations against all those other insurers. By accepting this policy, you agree: a. The statements in the Declarations are accurate and complete; Page 12 of 16 4 insurance Services Office, Inc., 2012 CG 00 01 0413 INSURED COPY