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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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CNA <br />Business Auto Policy <br />Policy Endorsement <br />THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. <br />This endorsement modifies insurance provided under the following: <br />BUSINESS AUTO COVERAGE FORM <br />I. LIABILITY COVERAGE <br />A. Who Is An Insured <br />The following is added to Section II, Paragraph A. 1., Who Is An Insured: <br />1. a. Any incorporated entity of which the Named Insured owns a majority of the voting stock on the <br />date of inception of this Coverage Form; provided that, <br />b. The insurance afforded by this provision A. 1. does not apply to any such entity that is an <br />insured under any other liability "policy" providing auto coverage. <br />2. Any organization you newly acquire or form, other than a limited liability company, partnership or <br />joint venture, and over which you maintain majority ownership interest. <br />The insurance afforded by this provision A.2.: <br />a. Is effective on the acquisition or formation date, and is afforded only until the end of the policy <br />period of this Coverage Form, or the next anniversary of its inception date, whichever is earlier. <br />b. Does not apply to: <br />(1) Bodily injury or property damage caused by an accident that occurred before you acquired or <br />formed the organization; or <br />(2) Any such organization that is an insured under any other liability "policy" providing auto <br />coverage. <br />3. Any person or organization that you are required by a written contract to name as an additional <br />insured is an insured but only with respect to their legal liability for acts or omissions of a person, <br />who qualifies as an insured under SECTION 11 - WHO IS AN INSURED and for whom Liability <br />Coverage is afforded under this policy. If required by written contract, this insurance will be primary <br />and non-contributory to insurance on which the additional insured is a Named Insured. <br />4. An employee of yours is an insured while operating an auto hired or rented under a contract or <br />agreement in that employee's name, with your permission, while performing duties related to the <br />conduct of your business. <br />"Policy", as used in this provision A. Who Is An Insured, includes those policies that were in force on <br />the inception date of this Coverage Form but: <br />1. Which are no longer in force; or <br />2. Whose limits have been exhausted. <br />B. Bail Bonds and Loss of Earnings <br />Section II, Paragraphs A.2. (2) and A.2. (4) are revised as follows: <br />1. In a.(2), the limit for the cost of bail bonds is changed from $2,000 to $5,000; and <br />2. In a.(4), the limit for the loss of earnings is <br />rRMEWED & AP <br />Form No: CNA63359XX (04-2012) �� 2U2� <br />Page: 1 of 4 <br />Underwriting Company: The Continental Insure <br />from $250 to $500 a day. <br />IL 60606 <br />Policy No: 6020089431 <br />Policy Effective Date: <br />11/01/2019 <br />Copyright CNA All Rights Reserved. Includes copyrighted material of the <br />Insurance Services Office, Inc., used with Its permission. <br />
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