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ORTCO, INC. - 2008
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ORTCO, INC. - 2008
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Last modified
3/26/2024 2:02:32 PM
Creation date
7/22/2008 1:54:47 PM
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Contracts
Company Name
ORTCO, INC.
Contract #
N-2008-089
Agency
PARKS, RECREATION, & COMMUNITY SERVICES
Expiration Date
8/31/2008
Insurance Exp Date
6/21/2009
Destruction Year
2013
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2. COVERAGE EXTENSIONS <br />a. Supplementary Payments. <br />Subparagraphs (2) and (4) are amended as follows: <br />(2) Up to $2500 for cost of bail bonds (including bonds for related traffic law violations) required <br />because of an "accident" we cover. We do not have to furnish these bonds. <br />(4) All reasonable expenses incurred by the "Insured" at our request, including actual loss of earning <br />up to $500 a day because of time off from work. <br />SECTION III - PHYSICAL DAMAGE COVERAGE <br />A. COVERAGE <br />The following is added: <br />5. Hired Auto Physical Damage <br />a. Any "auto" you lease, hire, rent or borrow from someone other than your employees or partners <br />or members of their household is a covered "auto" for each of your physical damage coverages. <br />b. The most we will pay for "loss" in any one "accident" is the smallest of: <br />(1) $50,000 <br />(2) The actual cash value of the damaged or stolen property as of the time of the "loss"; or <br />(3) The cost of repairing or replacing the damaged or stolen property with other property of like <br />kind and quality. <br />If you are liable for the "accident', we will also pay up to $500 per "accident' for the actual loss of <br />use to the owner of the covered "auto'. <br />c. Our obligation to pay for, repair, return or replace damaged or stolen property will be reduced by <br />an amount that is equal to the amount of the largest deductible shown for any owned "auto" for <br />that coverage. However, any Comprehensive Coverage deductible shown in the Declarations <br />does not apply to "loss" caused by fire or lightning. <br />d. For this coverage, the insurance provided is primary for any covered "auto" you hire without a <br />driver and excess over any other collectible insurance for any covered "auto' that you hire with a <br />driver. <br />6. Rental Reimbursement Coverage <br />We will pay up to $75 per day for up to 30 days, for rental reimbursement expenses incurred by you <br />for the rental of an "auto' because of "loss" to a covered "auto'. Rental Reimbursement will be <br />based on the rental of a comparable vehicle, which in many cases may be substantially less than $75 <br />per day, and will only be allowed for a period of time it should take to repair or replace the vehicle <br />with reasonable speed and similar quality, up to a maximum of 30 days. We will also pay up to $500 <br />for reasonable and necessary expenses incurred by you to remove and replace your materials and <br />equipment from the covered "auto". <br />eec.e 701 (01ro7) includes copyrighted material of Insurance Services Offices, Inc. with ifs permbaioo Page 2 of 4 <br />
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