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PI -CA -001 (09/15) <br />I. LIABILITY COVERAGE EXTENSIONS <br />A. Who Is An Insured <br />SECTION II — LIABILITY COVERAGE, A. Coverage, 1. Who Is An Insured is amended by <br />adding the following: <br />The following are also "insureds": <br />1. Board Members — Board members (or their spouses) while renting a vehicle while on <br />business for the named insured. <br />2. Newly Acquired Entities — Any business entity newly acquired or formed by you during <br />the policy period, provided you own 50% or more of the business entity and the business <br />entity is not separately insured for Business Auto Coverage. Coverage is extended up to <br />a maximum of 180 days following the acquisition or the formation of the business entity. <br />3. Designated Insured — Any person or organization designated by the "insured" is an "insured" <br />for Liability Coverage, but only to the extent that person or organization qualifies as an <br />"insured" under the Who Is An Insured Provision contained in SECTION II of the Coverage <br />Form. <br />4. Lessor of Leased Autos — The lessor of a 'leased auto' is an "insured" only for "bodily <br />injury" or "property damage" resulting from the acts or omissions by: <br />a. You; <br />b. Any of your "employees" or agents; or <br />c. Any person, except the lessor or any "employee" or agent of the lessor, operating <br />a "leased auto' with the permission of any of the above. <br />Any "leased auto" in the policy schedule will be considered a covered "auto' you own <br />and not a covered "auto' you hire or borrow. <br />The coverages provided under this endorsement apply to any "leased auto' in the policy <br />schedule until the expiration date of the lease, or when the lessor or his or her agent <br />takes possession of the 'leased auto," whichever occurs first. <br />"Leased auto" means an "auto' leased or rented to you, including any substitute, replacement <br />or extra "auto" needed to meet seasonal or other needs, under a leasing or rental agreement <br />that requires you to provide direct primary insurance for the lessor. <br />B. Cost of Bail Bonds <br />SECTION II — LIABILITY COVERAGE, A. Coverage, 2. Coverage Extensions, a. <br />Supplementary Payments, Item (2) is deleted in its entirety and replaced with the following: <br />(2) Up to $5,000 for cost of bail bonds (including bonds for related traffic law violations) <br />required because of an "accident' we cover. We do not have to furnish these bonds. <br />C. Reasonable Expenses <br />SECTION II — LIABILITY COVERAGE, A. Coverage, 2. Coverage Extensions, a. <br />Supplementary Payments, Item (4) is deleted in its entirety and replaced with the following: <br />Page 2 of 7 <br />© 2015 Philadelphia Indemnity Insurance Company <br />Includes copyrighted material of Insurance Services Office, Inc., with its permission. <br />