HAZ RENTAL CENTER, LLC. - Laserfiche WebLink

Home Browse Search

With respect to your damaged Covered Property, we will pay up to $100,000 unless otherwise shown in a Schedule, the reasonable extra cost to: (1) make temporary repairs; and (2) expedite permanent repairs or permanent replacement. b. Hazardous Substances We will pay for the additional cost to repair or replace Covered Property because of contamination by a“hazardous substance.” This includes the additional expenses to clean up or dispose of such property. This does not include contamination of “perishable goods” by refrigerant, including but not limited to ammonia, which is addressed in 2.c.(1)(b) below. As used in this coverage, additional costs mean those beyond what would have been payable under this Equipment Breakdown Coverage had no “hazardous substance” been involved. The most we will pay for loss, damage or expense under this coverage, including actual loss of Business Income you sustain and necessary Extra Expense you incur, if shown as covered, is $50,000 unless otherwise shown in a Schedule. c. Spoilage (1) We will pay: (a) for physical damage to “perishable goods” due to spoilage; (b) for physical damage to “perishable goods” due to contamination from the release of refrigerant, including but not limited to ammonia; (c) any necessary expenses you incur to reduce the amount of loss under this coverage to the extent that they do not exceed the amount of loss that otherwise would have been payable under this coverage. (2) If you are unable to replace the “perishable goods” before its anticipated sale, the amount of our payment will be determined on the basis of the sales price of the “perishable goods” at the time of the “accident,” less discounts and expenses you otherwise would have had. Otherwise our payment will be determined in accordance with the Valuation condition. The most we will pay for loss, damage or expense under this coverage is $100,000 unless otherwise shown in a Schedule. d. Computer Equipment We will pay for loss, damage or expense caused by or resulting from an “accident” to “computer equipment.” The most we will pay for loss, damage or expense under this coverage, including actual loss of Business Income you sustain and necessary Extra Expense you incur, if shown as covered, is $100,000 unless otherwise shown in a Schedule. Computers used primarily to control or operate “covered equipment” are not subject to this limit. e. Data Restoration S3008 (03/08) Page 2 of 9