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CHERRY BEKAERT ADVISORY, LLC
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Last modified
11/10/2025 11:42:11 AM
Creation date
8/26/2024 5:10:32 PM
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Contracts
Company Name
CHERRY BEKAERT ADVISORY, LLC
Contract #
A-2024-125
Agency
Finance & Management Services
Council Approval Date
8/20/2024
Expiration Date
8/19/2027
Insurance Exp Date
10/1/2026
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COMMERCIAL AUTO <br />THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. <br />VIRGINIA BUSINESS AUTO COVERAGE <br />EXTENSION ENDORSEMENT <br />This endorsement modifies insurance provided under the following: <br />BUSINESS AUTO COVERAGE FORM <br />With respect to coverage provided by this endorsement, the provisions of the Coverage Form apply unless <br />modified by the endorsement. <br />GENERAL DESCRIPTION OF COVERAGE - This endorsement broadens coverage. However, coverage for any <br />injury, damage or medical expenses described in any of the provisions of this endorsement may be excluded or <br />limited by another endorsement to the Coverage Part, and these coverage broadening provisions do not apply to <br />the extent that coverage is excluded or limited by such an endorsement. The following listing is a general <br />coverage description only. Limitations and exclusions may apply to these coverages. Read all the provisions of <br />this endorsement and the rest of your policy carefully to determine rights, duties, and what is and is not covered. <br />A. BROAD FORM NAMED INSURED H. HIRED AUTO PHYSICAL DAMAGE - LOSS OF <br />B. BLANKET ADDITIONAL INSURED USE - INCREASED LIMIT <br />C. EMPLOYEE HIRED AUTO <br />D. EMPLOYEES AS INSURED <br />E. SUPPLEMENTARY PAYMENTS - INCREASED <br />LIMITS <br />F. HIRED AUTO - LIMITED WORLDWIDE <br />COVERAGE - INDEMNITY BASIS <br />G. WAIVER OF DEDUCTIBLE - GLASS <br />PROVISIONS <br />A. BROAD FORM NAMED INSURED <br />The following is added to Paragraph A.1., Who Is <br />An Insured, of SECTION II - COVERED AUTOS <br />LIABILITY COVERAGE: <br />Any organization you newly acquire or form <br />during the policy period over which you maintain <br />50% or more ownership interest and that is not <br />separately insured for Business Auto Coverage. <br />Coverage under this provision is afforded only <br />until the 180th day after you acquire or form the <br />organization or the end of the policy period, <br />whichever is earlier. <br />B. BLANKET ADDITIONAL INSURED <br />The following is added to Paragraph c. in A.1., <br />Who Is An Insured, of SECTION II - COVERED <br />AUTOS LIABILITY COVERAGE: <br />This includes any person or organization who you <br />are required under a written contract or <br />agreement between you and that person or <br />organization, that is signed by you before the <br />"bodily injury" or "property damage" occurs and <br />I. PHYSICAL DAMAGE - TRANSPORTATION <br />EXPENSES - INCREASED LIMIT <br />J. PERSONAL EFFECTS <br />K. AIRBAGS <br />L. NOTICE AND KNOWLEDGE OF ACCIDENT OR <br />LOSS <br />M. BLANKET WAIVER OF SUBROGATION <br />that is in effect during the policy period, to name <br />as an additional insured for Covered Auto Liability <br />Coverage, but only for damages to which this <br />insurance applies and only to the extent that <br />person or organization qualifies as an "insured" <br />under the Who Is An Insured provision contained <br />in Section II. <br />C. EMPLOYEE HIRED AUTO <br />1. The following is added to Paragraph A.1., <br />Who Is An Insured, of SECTION II - <br />COVERED AUTOS LIABILITY COVERAGE: <br />An "employee" of yours is an "insured" while <br />operating an "auto" hired or rented under a <br />contract or agreement in an "employee's" <br />name, with your permission, while performing <br />duties related to the conduct of your <br />business. <br />2. The following replaces Paragraph b. in B.S., <br />Other Insurance, of SECTION IV - <br />BUSINESS AUTO CONDITIONS: <br />b. For Hired Auto Physical Damage <br />Coverage, the following are deemed to <br />be covered "autos" you own: <br />CA F1 29 03 21 © 2021 The Travelers Indemnity Company. All rights reserved. Page 1 of 4 <br />Includes copyrighted material of Insurance Services Office, Inc. with its permission. <br />
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