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ALDRIDGE ELECTRIC, INC. (3)
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ALDRIDGE ELECTRIC, INC. (3)
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Last modified
3/28/2024 1:58:38 PM
Creation date
3/28/2024 12:56:33 PM
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Contracts
Company Name
ALDRIDGE ELECTRIC, INC.
Contract #
A-2024-028
Agency
Public Works
Council Approval Date
2/20/2024
Expiration Date
2/19/2025
Insurance Exp Date
3/31/2024
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CNA CNA PARAMOUNT <br />Contractors' General Liability Extension Endorsement <br />B. Under COVERAGES, Coverage A — Bodily Injury and Property Damage Liability, the paragraph entitled <br />Exclusions is amended to delete its last paragraph and replace it with the following: <br />Exclusions c. through n. do not apply to damage by fire to premises while rented to a Named Insured or <br />temporarily occupied by a Named Insured with permission of the owner, nor to damage to the contents of <br />premises rented to a Named Insured for a period of 7 or fewer consecutive days. <br />A separate limit of insurance applies to this coverage as described in LIMITS OF INSURANCE. <br />C. The following paragraph is added to LIMITS OF INSURANCE: <br />Subject to 5. above, $25,000 is the most the Insurer will pay under Coverage A for damages arising out of any <br />one occurrence because of the sum of all property damage to borrowed tools or equipment, and to other <br />personal property of others in the Named Insured's care, custody or control, while being used in the Named <br />Insured's operations away from any Named Insured's premises. The Insurer's obligation to pay such property <br />damage does not apply until the amount of such property damage exceeds $1,000. The Insurer has the right but <br />not the duty to pay any portion of this $1,000 in order to effect settlement. If the Insurer exercises that right, the <br />Named Insured will promptly reimburse the Insurer for any such amount. <br />D. Paragraph 6., Damage To Premises Rented To You Limit, of LIMITS OF INSURANCE is deleted and replaced by <br />the following: <br />6. Subject to Paragraph 5. above, (the Each Occurrence Limit), the Damage To Premises Rented To You Limit <br />is the most the Insurer will pay under Coverage A for damages because of property damage to any one <br />premises while rented to the Named Insured or temporarily occupied by the Named Insured with the <br />permission of the owner, including contents of such premises rented to the Named Insured for a period of 7 <br />or fewer consecutive days. The Damage To Premises Rented To You Limit is the greater of: <br />a. $500,000; or <br />b. The Damage To Premises Rented To You Limit shown in the Declarations. <br />E. Paragraph 4.b.(1)(a)(ii) of the Other Insurance Condition is deleted and replaced by the following: <br />(11) That is property insurance for premises rented to the Named Insured, for premises temporarily occupied by <br />the Named Insured with the permission of the owner; or for personal property of others in the Named <br />Insured's care, custody or control; <br />16. LIQUOR LIABILITY <br />Under COVERAGES, Coverage A — Bodily Injury and Property Damage Liability, the paragraph entitled <br />Exclusions is amended to delete the exclusion entitled Liquor Liability. <br />This LIQUOR LIABILITY provision does not apply to any person or organization who otherwise qualifies as an <br />additional insured on this Coverage Part. <br />17. MEDICAL PAYMENTS <br />A. LIMITS OF INSURANCE is amended to delete Paragraph 7. (the Medical Expense Limit) and replace it with the <br />following: <br />7. Subject to Paragraph 5. above (the Each Occurrence Limit), the Medical Expense Limit is the most the <br />Insurer will pay under Coverage C — Medical Payments for all medical expenses because of bodily injury <br />sustained by any one person. The Medical Expense Limit is the greater of: <br />(1) $15,000 unless a different amount is shown here: $<insert ($) amount>; or <br />(2) the amount shown in the Declarations for Medical Expense Limit. <br />B. Under COVERAGES, the Insuring Agreement of Coverage C — Medical Payments is amended to replace <br />Paragraph 1.a.(3)(b) with the following: <br />(b) The expenses are incurred and reported to the Insurer within three years of the <br />enm <br />` Ren6 APPRa By. <br />CNA74705XX (1 -15) Polic "ui�ll`'' A- ,"4Lfo <br />Page 12 of 16 Endorseme Ruk Management Spedaint <br />CONTINENTAL CASUALTY COMPANY Effectively <br />Insured Name: ALDRIDGE ELECTRIC, INC. <br />Copyright CNA All Rights Reserved. Includes copyrighted material of Insurance Services Office, Inc., with its permission. <br />
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