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ECONOMICS, INC (2)
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ECONOMICS, INC (2)
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Last modified
4/27/2021 8:30:17 AM
Creation date
7/27/2020 9:15:25 AM
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Contracts
Company Name
ECONOMICS, INC
Contract #
A-2020-127
Agency
PUBLIC WORKS
Council Approval Date
6/16/2020
Expiration Date
6/30/2021
Insurance Exp Date
10/1/2021
Destruction Year
2026
Notes
N-2019-080
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(1) Property owned or being transported by, or rented or loaned to the insured; or <br />(2) Property in the care, custody or control of the insured. <br />2. Section II, Who Is An Insured, is replaced by the following: <br />1. Each of the following is an insured under this endorsement to the extent set forth below: <br />a. You; <br />b. Any other person using a "hired auto" with your permission; <br />c. For a "non -owned auto": <br />(1) any partner or "executive officer" of yours; or <br />(2) any "employee" of yours <br />but only while such "non -owned auto" is being used in your business; and <br />d. Any other person or organization, but only for their liability because of acts or omissions of <br />an insured under a., b. or c. above. <br />2. None of the following is an insured: <br />a. Any person engaged in the business of his or her employer for "bodily injury" to any <br />co -"employee" of such person injured in the course of employment, or to the spouse, <br />child, parent, brother or sister of that co -"employee" as a consequence of such "bodily <br />injury", or for any obligation to share damages with or repay someone else who must pay <br />damages because of the injury. <br />b. Any partner or "executive officer" for any "auto" owned by such partner or officer or a <br />member of his or her household; <br />c. Any person while employed in or otherwise engaged in duties in connection with an "auto <br />business", other than an "auto business" you operate; <br />d. The owner or lessee (of whom you are a sublessee) of a "hired auto" or the owner of a <br />"non -owned auto" or any agent or "employee" of any such owner or lessee; <br />e. Any person or organization for the conduct of any current or past partnership or joint <br />venture that is not shown as a Named Insured in the Declarations. <br />C. Section III - Limits of Insurance, Paragraph 2., The General Aggregate Limit, does not apply. <br />D. The following additional definitions apply: <br />1. "Business" means the business or occupation of selling, repairing, servicing, storing or parking <br />"autos". <br />2. "Hired Auto" means any "auto" you lease, hire, rent or borrow. This does not include any "auto" <br />you lease, hire, rent or borrow from any of your "employees", your partners or you "executive <br />Officers" or members of their households. <br />3. "Non -Owned Auto" means any "auto" you do not own, lease, hire, rent or borrow which is used in <br />connection with your business. This includes "autos" owned by your "employees", your partners <br />or "executive officers", or members of their households, but only while used in your business or <br />your personal affairs. <br />Includes copyrighted material of Insurance Services Office, Inc., <br />CG 89 01 12 08 with its permission. <br />Risk Manwmuent Moiun <br />3, REVIEWED & APPRov® 8v- <br />{ <br />Risk Management An.ifyst <br />
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