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SCA 23 500 (Ed. 10/11) CNA Policy # BUA 6083274982 c. We will pay up to $500 for loss to Personal to Hired Autos, then Physical Damage Property which Is: coverage is extended to: (1) Owned by an "insured"; and a. Any covered "auto" you lease, hire, rent or (2) In or on the covered "auto." borrow without a driver; and Any covered "auto" hired or rented by your b. This coverage applies only in the event of a "employee" without a driver, under a total theft of your covered "auto." contract in that individual "employee's" This insurance is excess over any other name, with your permission, while collectible insurance and no deductible applies. performing duties related to the conduct of F. Rental Reimbursement your business. The following Is added to Section III, Paragraph c. The most we will pay for any one "accident" AA.: repair, "loss" is the actual cash value, cost of repair, cost of replacement or $75,000 d. We will pay for rental reimbursement expenses whichever is less minus a $500 deductible incurred by you for the rental of an "auto" for each covered auto. No deductible because of "loss" to a covered "auto." Payment applies to "loss" caused by fire or lightning. applies in addition to the otherwise applicable amount of each coverage you have on a d. The physical damage coverage as is covered auto." No deductibles apply to this provided by this provision will be limited to coverage. the types of physical damage coverage(s) 1. We will pay only for those expenses provided on your owned "autos." Incurred during the policy period beginning e. Such physical damage coverage for hired 24 hours after the "loss" and ending, "autos" will: regardless of the policy's expiration, with the lesser of the following number of days: (1) Include loss of use, provided it is the (a) The number of days reasonably consequence of an "accident" for which the Named Insured is legally liable, and required to repair or replace the covered "auto"; or, as a result of which a monetary loss is sustained by the leasing or rental (b) 15 days. concern. 2. Our payment is limited to the lesser of the following amounts: (a) Necessary and actual expenses incurred; or, (b) $25 per day subject to a maximum of $375. 3. This coverage does not apply while there are spare or reserve "autos" available to you for your operations. 4. If "loss" results from the total theft of a covered "auto" of the private passenger type, we will pay under this coverage only that amount of your rental reimbursement expenses which is not already provided for under the Physical Damage Coverage Extension. G. Hired "Autos" The following is added to Section III. Paragraph A.: (2) Such coverage as is provided by this provision G.e.(1) will be subject to a limit of $750 per "accident." H. Airbag Coverage The following is added to Section III, Paragraph B.3. The accidental discharge of an airbag shall not be considered mechanical breakdown. I. Electronic Equipment Section Ill, Paragraphs B.4.c and B.4.d. are deleted and replaced by the following: c. Physical Damage Coverage on a covered "auto" also applies to "loss" to any permanently installed electronic equipment Including its antennas and other accessories d. A $100 per occurrence deductible applies to the coverage provided by this provision. 5. Hired "Autos" J. Diminution In Value If Physical Damage coverage is provided under The following is added to Section III, Paragraph B.li. this policy, and such coverage does not extend rg $ Rf%4Managz�nuetDivlslon INN,RenEvrm&APPROvm By., SCA 23 500D Copyright, CNA Corporation, 2000. J1IG2aM F p Z ,i�[�I Gc[ (Ed. 10/11) Includes copyrighted material of the Insurance Services Office used with Its permission. �' Risk Ntanagement Analyst