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Last modified
3/25/2025 11:49:04 AM
Creation date
3/25/2025 11:47:26 AM
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Contracts
Company Name
CANNON
Contract #
A-2025-013-04
Agency
Public Works
Council Approval Date
2/4/2025
Expiration Date
10/2/2026
Insurance Exp Date
9/1/2025
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Cannon Corporation <br />BHA Business Auto Policy <br />:ndorsement <br />'EXTENDED COVERAGE ENDORSEMENT <br />THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. <br />This endorsement modifies insurance provided under the following: <br />BUSINESS AUTO COVERAGE FORM <br />I. LIABILTY COVERAGE <br />A. Who Is An Insured <br />The following is added to SECTION II, Paragraph A.1., Who Is An Insured: <br />1. a. Any incorporated entity of which the Named Insured owns a majority of the voting stock on the <br />date of inception of this Coverage Form; provided that, <br />b. The insurance afforded by this provision A.1. does not apply to any such entity that is an insured <br />under any other liability "policy" providing auto coverage. <br />2. Any organization you newly acquire or form, other than a limited liability company, partnership or joint <br />venture, and over which you maintain majority ownership interest. <br />The insurance afforded by this provision A.2.: <br />a. Is effective on the acquisition or formation date, and is afforded only until the end of the policy <br />period of this Coverage Form, or the next anniversary of its inception date, whichever is earlier. <br />b. Does not apply to: <br />(1) Bodily injury or property damage caused by an accident that occurred before you acquired or <br />formed the organization; or <br />(2) Any such organization that is an insured under any other liability "policy" providing auto <br />coverage. <br />3. Any person or organization that you are obligated to provide Insurance where required by a written <br />contract or agreement is an insured, but only with respect to legal responsibility for acts or omissions <br />of a person for whom Liability Coverage is afforded under this policy. <br />4. An employee of yours is an insured while operating an auto hired or rented under a contract or <br />agreement in that employee's name, with your permission, while performing duties related to the <br />conduct of your business. <br />"Policy", as used in this provision A. Who Is An Insured, includes those policies that were in force on the <br />inception date of this Coverage Form but: <br />1. Which are no longer in force; or <br />2. Whose limits have been exhausted. <br />B. Bail Bonds and Loss of Earnings <br />SECTION II, Paragraphs A.2.a.(2) and A.2.a.(4) are revised as follows: <br />1. In a.(2), the limit for the cost of bail bonds is increased from $2,000 to $5,000, and <br />2. In a.(4), the limit for the loss of earnings is increased from $250 to $500 a day. <br />C. Fellow Employee <br />Form No: SCA 23 500 D 10 11 Policy No: BUA 7040001609 <br />Endorsement Effective Date: 09/01/2024 Policy Effective Date: 09/01/2024 <br />Endorsement No: Policy Page: 1 of 5 <br />Underwriting Company: Continental Insurance Company A XV <br />®Copyright CNA All Rights Reserved. Includes copyrighted material of the <br />B1952588 1 24-25 GL/AL/WC/UM/PL I Karen Smith IB/19/2g7N�da78-B 6C8MvrR8'&I rYFRdBe I§1p£ �d ,e,{th ite nnrmieemn <br />
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