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19 Mobile Equlp- Only those "autos" that are land vehloles and that would qualify under the definition ment Subject To of "mobile equipment" under this policy if they were not subject to a compulsory or Compulsory Or financial responsibility law or other motor vehicle insurance law where they are li- Flnancial Re- censed or principally garaged. sponsibility Or Other Motor Ve- hlolo Insurance R. Owned Autos You Acquire After The Policy Begins 1. If Symbols 1, 2, 3, 4, 5, 6 or 19 are entered next to a coverage in Item Two of the Declara- tions, then you have coverage for "autos" that you acquire of the type described for the re- mainder of the policy period. 2, But, if Symbol 7 is entered next to a coverage In Item Two of the Daclaraticns, an "auto" you acquire will be a covered "auto" for that cover- age only If: a, We already cover ell "autos" that you own for that coverage or It replaces an "auto" you• provibusly owned that had that cover. age; and b. You tell us within 30 days after you acquire It that you want us to cover it for that cover - ago, C. Certain Trailers, Mobile Equipment And Temporary Substitute Autos If Liability Coverage is provided by this Coverage Form, the following types of vehicles are also cov- ered "autos" for Liability Coverage: 1. "Trailers" with a load capacity of 2,000 pounds or less designed primarily for travel on public roads. 2. "Mobile .equipment" while being carried or towed by a covered "auto" 3. Any "auto" you dq not own while used with the permission of its owner as a temporary substl- tute for a covered "auto" you own that Is out of service because of its: a. Breakdown; b. Repair; c. Servicing; d. "Loss"; or a..Destruotlon, SECTION II — LIABILITY COVERAGE A. Coverage We will pay all sums an "insured" legally must pay as damages because of "bodily injury" or "property damage" to which this Insurance applies, caused by an "accident" and resulting from the ownership, maintenance or use of a covered "auto`. We will also pay all sums an "Insured" legally must pay as a "covered pollution cost or expense" to which this insurance applies, caused by an "acci- dent" and resulting from the ownership, malnte- nance or use of covered "autos". However, we will only pay for the "covered pollution cost or ox- pence" if there is either "bodily injury" or "property damage" to which this Insurance applies that is caused by the same "accident". We have the right and duty to defend any"insured" against a "sult" asking for such damages or a "covered pollution cost or expense". However, we have no duty to defend any "Insured" against a "suit" seeking damages for "bodily injury" or "prop- erty damage" or a "covered pollution cost or ex- pense" to which this Insurance does not apply. We may investigate and settle any claim or "suit" as we consider appropriate, Our duty to defend or settle ends when the Liability Coverage Limit of Insur- ance has been exhausted by payment of judg- ments or settlements, 1, Who Is An insured The following are "insureds": a. You for any covered "auto b, Anyone else while using with your permle- sion a covered "auto" you own, hire or bory row except: (1) The owner or anyone else from whom you hire or borrow a covered "auto". This exception does not apply if the covered "auto" is a "trailer" connected to a cov, ared "auto" you own. Page 2 of 12 © ISO Properties, Inc., 2005 CA 00 0103 06