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YUNEX TRAFFIC (YUNEX, LLC)
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Last modified
7/1/2024 12:28:19 PM
Creation date
7/1/2024 12:21:45 PM
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Contracts
Company Name
YUNEX TRAFFIC (YUNEX, LLC)
Contract #
A-2024-082
Agency
Public Works
Council Approval Date
6/4/2024
Expiration Date
7/1/2027
Insurance Exp Date
6/30/2024
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(1) with respect to the operation, d. Rental Expense <br /> maintenance or use of a covered We will pay the following expenses that you or <br /> "auto"; and any of your"employees" are legally obligated <br /> (2) for"bodily injury" or"property damage" to pay because of a written contract or <br /> caused by an "accident"which takes agreement entered into for use of a rental <br /> place after: vehicle in the conduct of your business: <br /> (a) You executed the "insured MAXIMUM WE WILL PAY FOR ANY ONE <br /> contract" or written agreement; or CONTRACT OR AGREEMENT: <br /> (b) The permit has been issued to 1. $2,500 for loss of income incurred by the <br /> you. rental agency during the period of time that <br /> 3. FELLOW EMPLOYEE COVERAGE vehicle is out of use because of actual <br /> EXCLUSION 6.5. - FELLOW EMPLOYEE - of damage to, or"loss" of, that vehicle, including <br /> SECTION II - LIABILITY COVERAGE does not apply.4. PHYSICAL DAMAGE - ADDITIONAL TEMPORARY income lost due to absence of that vehicle for <br /> TRANSPORTATION EXPENSE COVERAGE use as a replacement; <br /> Paragraph A.4.a.- TRANSPORTATION EXPENSES 2. $2,500 for decrease in trade-in value of the <br /> - of SECTION III - PHYSICAL DAMAGE rental vehicle because of actual damage to <br /> COVERAGE is amended to provide a limit of$50 per that vehicle arising out of a covered"loss"; and <br /> day for temporary transportation expense, subject to a 3. $2,500 for administrative expenses incurred <br /> maximum limit of$1,000. by the rental agency, as stated in the contract <br /> 5. AUTO LOAN/LEASE GAP COVERAGE or agreement. <br /> Paragraph A. 4. - COVERAGE EXTENSIONS -of 4. $7,500 maximum total amount for paragraphs <br /> SECTION III - PHYSICAL DAMAGE COVERAGE is 1., 2.and 3_ combined. <br /> amended to add the following: 7. EXTRA EXPENSE - BROADENED COVERAGE <br /> c. Unpaid Loan or Lease Amounts Paragraph A.4.- COVERAGE EXTENSIONS- of <br /> In the event of a total "loss"to a covered "auto", we will SECTION III - PHYSICAL DAMAGE COVERAGE <br /> pay any unpaid amount due on the loan or lease for a is amended to add the following: <br /> covered "auto" minus: e. Recovery Expense <br /> 1. The amount paid under the Physical Damage We will pay for the expense of returning a <br /> Coverage Section of the policy; and stolen covered "auto" to you. <br /> 2. Any: 8. AIRBAG COVERAGE <br /> a. Overdue loan/lease payments at the time of Paragraph B.3.a. - EXCLUSIONS - of SECTION <br /> the"loss"; III - PHYSICAL DAMAGE COVERAGE does not <br /> b. Financial penalties imposed under a lease for apply to the accidental or unintended discharge of <br /> excessive use,abnormal wear and tear or an airbag. Coverage is excess over any other <br /> high mileage; collectible insurance or warranty specifically <br /> c. Security deposits not returned by the lessor: designed to provide this coverage. <br /> d. Costs for extended warranties, Credit Life 9. AUDIO, VISUAL AND DATA ELECTRONIC <br /> Insurance, Health, Accident or Disability EQUIPMENT - BROADENED COVERAGE <br /> Insurance purchased with the loan or lease; Paragraph C.1.b.- LIMIT OF INSURANCE -of <br /> and SECTION III -PHYSICAL DAMAGE is deleted <br /> e. Carry-over balances from previous loans or and replaced with the following: <br /> leases. b. $2,000 is the most we will pay for"loss" in any <br /> We will pay for any unpaid amount due on the loan or one "accident"to all electronic equipment that <br /> lease if caused by: reproduces, receives or transmits audio, visual <br /> 1. Other than Collision Coverage only if the or data signals which, at the time of"loss", is: <br /> Declarations indicate that Comprehensive (1) Permanently installed in or upon the <br /> Coverage is provided for any covered "auto"; covered "auto" in a housing,opening or <br /> 2. Specified Causes of Loss Coverage only if the other location that is not normally used by <br /> Declarations indicate that Specified Causes of the"auto" manufacturer for the installation <br /> Loss Coverage is provided for any covered "auto"; of such equipment; <br /> or <br /> 3. Collision Coverage only if the Declarations indicate (2) Removable from a permanently installed <br /> that Collision Coverage is provided for any housing unit as described in Paragraph <br /> covered "auto. 2.a. above or is an integral part of that <br /> 6. RENTAL AGENCY EXPENSE equipment; or <br /> Paragraph A.4. - COVERAGE EXTENSIONS - of (3) An integral part' <br /> SECTION III - PHYSICAL DAMAGE COVERAGE _ Risk Management Division <br /> is amended to add the following: 10. GLASS REPAIR - WAI 3° A REVIEWED&APPRovED By: <br /> Form: 16-02-0292 (Rev. 11-16) F ' — -- Management Specialist <br /> Risk Mana <br /> "Includes copyrighted material of Insurance Services Office, Inc.with <br />
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