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URBAN CROSSROADS, INC-2018 (2)
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URBAN CROSSROADS, INC-2018 (2)
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Last modified
3/25/2020 1:05:11 PM
Creation date
5/11/2018 1:59:11 PM
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Contracts
Company Name
URBAN CROSSROADS, INC
Contract #
A-2017-265-30
Agency
PLANNING & BUILDING
Council Approval Date
10/3/2017
Expiration Date
10/2/2020
Insurance Exp Date
11/1/2019
Destruction Year
2025
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C. Loss of Use Expenses <br />Section III, Paragraph AA.b. is revised, with <br />respect to loss of use expenses incurred by <br />you, to provide: <br />a. $1,000 maximum, in lieu of $600. <br />D. Hired "Autos" <br />The following is <br />Paragraph A.: <br />5. Hired "Autos" <br />CNA63359XX <br />(Ed. 04/12) <br />Section III, Paragraphs B.4,c and B.4.d. are <br />deleted and replaced by the following: <br />c. Physical Damage Coverage on a covered <br />"auto" also applies to "loss" to any <br />permanently installed electronic equipment <br />including its antennas and other <br />accessories. <br />added to Section III. d. A $100 per occurrence deductible applies <br />to the coverage provided by this provision. <br />G. Diminution In Value <br />If Physical Damage coverage is provided under <br />this policy, and such coverage does not extend <br />to Hired Autos, then Physical Damage <br />coverage is extended to: <br />a. Any covered "auto" you lease, hire, rent <br />or borrow without a driver; and <br />b. Any covered "auto" hired or rented by <br />your "employee" without a driver, under <br />a contract in that individual <br />"employee's" name, with your <br />permission, while performing duties <br />related to the conduct of your business. <br />c. The most we will pay for any one <br />"accident" or "loss" is the actual cash <br />value, cost of repair, cost of <br />replacement or $75,000, whichever is <br />less, minus a $500 deductible for each <br />covered auto. No deductible applies to <br />"loss" caused by fire or lightning. <br />d. The physical damage coverage as is <br />provided by this provision is equal to <br />the physical damage coverage(s) <br />provided on your owned "autos." <br />e. Such physical damage coverage for <br />hired "autos" will: <br />(1) Include loss of use, provided it is <br />the consequence of an "accident" <br />for which the Named Insured is <br />legally liable, and as a result of <br />which a monetary loss is sustained <br />by the leasing or rental concern. <br />(2) Such coverage as is provided by <br />this provision will be subject to a <br />limit of $750 per "accident." <br />E. Airbag Coverage <br />The following is added to Section III, <br />Paragraph B.3.: <br />The following is added to Section III, <br />Paragraph B.6.: <br />Subject to the following, the "diminution in <br />value" exclusion does not apply to: <br />a. Any covered "auto" of the private <br />passenger type you lease, hire, rent or <br />borrow, without a driver for a period of <br />30 days or less, while performing duties <br />related to the conduct of your business; <br />and <br />b. Any covered "auto" of the private <br />passenger type hired or rented by your <br />"employee" without a driver for a period <br />of 30 days or less, under a contract in <br />that individual "employee's" name, with <br />your permission, while performing <br />duties related to the conduct of your <br />business. <br />c. Such coverage as is provided by this <br />provision is limited to a "diminution in <br />value" loss arising directly out of <br />accidental damage and not as a result <br />of the failure to make repairs; faulty or <br />incomplete maintenance or repairs; or <br />the installation of substandard parts. <br />d. The most we will pay for "loss" to a <br />covered "auto" in any one accident is <br />the lesser of: <br />(1) $5,000; or <br />(2) 20% of the "auto's" actual cash <br />value (ACV). <br />III. Drive Other Car Coverage — Executive Officers <br />The following is added to Sections II and III: <br />1, Any "auto" you don't own, hire or borrow is a <br />covered "auto" for Liability Coverage while <br />being used by, and for Physical Damage <br />Coverage while in the care, custody or control <br />of, any of your "executive officers," except: <br />The accidental discharge of an airbag shall not a. An "auto" owned by that "executive officer" <br />be considered mechanical breakdown. or a member of that person's household; or <br />F. Electronic Equipment <br />CNA63359XX Copyright, CNA Corporation, 2000. Page 2 of 3 <br />(Ed. 04/12) Includes copyrighted material of the Insurance services Office used with its permission. <br />
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