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Coverages Limit Of Insurance Or Deductible <br /> Covered Autos Liability $ 1, o 0 0, o 0 o Each "Accident" <br /> Comprehensive $ 1, 000 Deductible For Each Covered "Leased Auto" <br /> Collision $ 1, 000 Deductible For Each Covered "Leased Auto" <br /> Specified $ Deductible For Each Covered "Leased Auto" <br /> Causes Of Loss <br /> Information required to complete this Schedule, if not shown above, will be shown in the Declarations. <br /> A. Coverage 2. The insurance covers the interest of the lessor <br /> 1. Any "leased auto" designated or described in unless the "loss" results from fraudulent acts or <br /> the Schedule will be considered a covered omissions on your part. <br /> "auto" you own and not a covered "auto" you 3. If we make any payment to the lessor, we will <br /> hire or borrow. obtain his or her rights against any other party. <br /> 2. For a "leased auto" designated or described in C. Cancellation <br /> the Schedule, the Who Is An Insured 1. If we cancel the Policy, we will mail notice to <br /> provision under Covered Autos Liability the lessor in accordance with the Cancellation <br /> Coverage is changed to include as an Common Policy Condition. <br /> "insured" the lessor named in the Schedule. <br /> However, the lessor is an "insured" only for 2. If you cancel the Policy, we will mail notice to <br /> "bodily injury" or "property damage" resulting the lessor. <br /> from the acts or omissions by: 3. Cancellation ends this agreement. <br /> a. You; D. The lessor is not liable for payment of your <br /> b. Any of your"employees" or agents; or premiums. <br /> c. Any person, except the lessor or any E. Additional Definition <br /> "employee" or agent of the lessor, operating As used in this endorsement: <br /> a "leased auto" with the permission of any "Leased auto" means an "auto" leased or rented to <br /> of the above. you, including any substitute, replacement or extra <br /> 3. The coverages provided under this "auto" needed to meet seasonal or other needs, <br /> endorsement apply to any "leased auto" under a leasing or rental agreement that requires <br /> described in the Schedule until the expiration you to provide direct primary insurance for the <br /> date shown in the Schedule, or when the lessor. <br /> lessor or his or her agent takes possession of <br /> the "leased auto", whichever occurs first. <br /> B. Loss Payable Clause <br /> 1. We will pay, as interest may appear, you and <br /> the lessor named in this endorsement for "loss" <br /> to a "leased auto". <br /> Page 2 of 2 © Insurance Services Office, Inc., 2019 CA 20 01 11 20 <br />