FIRST AMERICAN TITLE -2015 - Laserfiche WebLink

Home Browse Search

If an "eirlployee's" personal Insurance also applies oil an excess basis to a covered "auto" hired or rallied by your "e1111310y60" an your behalf and at your, direction, this insurance will be primary to the "employee's" personal insurance, 3. AMENDED FELLOW EMPLOYEE EXCLUSION EXCLUSION 5, - FELLOW EMPLOYEE - of SECTION II - LIABILITY COVERAGE does not apply If yet) have workers' OOmparlaat10r1 Insurance In --force covering all of your "employees", Coverage Is excess over any other collectible Insurance, 4. HIRED AUTO PHYSICAL DAMAGE COVERAGE IF hlred "autos" are covered "autos" for Liability Coverage and If Comprehensive, Specified Causes of Loss, or Collision coverages are provided under this Coverage Fonn for any "auto" you own, then the Physical Damage Coverages provided are extended to "autos" you hire orborrow, subject to the following limit, The most we will pay for "loss" to any hired "auto" Is: (1) $100,000; (2) The actual cash value of the damaged or stolen proparty at the time of the "loss"; or (3) The cost of repairing or replacing the damaged or stolen property, whichever is smallest, minus a deductlble, The deductible will be equal to the largest deduatlble applicable to any owned "auto" for that coverage. No deductible applies to "loss" caused by fire or lightning. Puled Auto Physical Damage coverage Is excess over any other collectible Insurance. Subject to the above Ilmit, deductible and excess provisions, we will provide coverage equal la the broadest coverage applicable to any covered "auto" you own. We will also cover loss of use of the hired "auto" If It results from an "accident", you Orr, legally liable and the lossor Incurs an actual financial Ion, subject to a maximum of $1000 per °accident". This extension of coverage does not apply to any "auto" you hire or borrow from any of your "employees", partners (if you are a partnership), members (If you are a limited liability company), or members of their households, S. PHYSICAL DAMAGE ADDITIONAL TEMPORARY TRANSPORTATION EXPENSE COVERAGE Paragraph Aka. of SECTION III - PHYSICAL DAMAGE COVERAGE is amended to provide t+ Iinilt of $50 per day and a maximum liinit of $1,000. 6. LOAN/LEASE GAP COVERAGE Under SECTION III - PHYSICAL DAMAGE COVERAGE, In the event of a total ,loss" to a covered "auto", we will pay your additional legal Obligation for any difference between the actual cash value Of the "auto" at the time of the "loss" and the, "outstanding balance" of the loan/lease, "Outstanding balance" means the amount you Owe on the loan/lease at the time of "loss" less any amounts representing taxes; overdue Paynmonts; penalties, Interest or charges resulting from overdue payinentB; additional mileago charges; excess wear and tear charges; lease termination fees; security deposits not returned by the lessor; costs for extended worrantles, credit life Insurance, health, accident Or disability Insurance purchased with the loan Or lease; and cant' -over balances from previous loans or leases, 7. AIRBAG COVERAGE Under Paragraph B. EXCLUSIONS - of SECTION III - PHYSICAL DAMAGE COVERAGE, the following is added: llle exclusion relating to mechanical breakdown does not apply to the accidental discharge of an airbag. 8. ELECTRONIC EQUIPMENT - BROADENED COVERAGE a. The exceptions to Paragraphs BA - EXCLOSIONS - of SECTION III - PHYSICAL DAMAGE COVERAGE are replaced by the following: Exclusions 4.c. slid 4.d. do not apply to equipment designed to be operated solely by use of the power from the "auto's" electrical system that, at the time of "losr, IR: (1) Permanently Installed In or upon the covered "auto"; (2) Removable from a housing unit which is Pennan0lrlly Installed In or upon the covered "auto"; (3) An Integral per of the same unit housing any electronic equipment described in Paragraphs (1) and (2) above; or 02011, The Hartford oncludes copyrighted material Form HA 06 16 0312 of ISO Properties, Inc.., With its ppe/rmission.) Page 3 of 6 FIRST AMERICAN TITLE COMPANY REVIEWED BY: �� ,L • EUNICE HEREDIA (PG 5 OF 9)