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INTER-PACIFIC INC.
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Last modified
10/20/2025 2:19:54 PM
Creation date
10/20/2025 2:19:04 PM
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Contracts
Company Name
INTER-PACIFIC INC.
Contract #
A-2025-167-02
Agency
Public Works
Council Approval Date
10/7/2025
Expiration Date
10/6/2028
Insurance Exp Date
6/9/2026
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POLICY NUMBER:AZG62698905 COMMERCIAL AUTO <br /> AC 00 33 10 21 <br /> THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. <br /> BUSINESS AUTO POLICY BASE EXTENSION <br /> This endorsement modifies insurance provided under the following: <br /> BUSINESS AUTO COVERAGE FORM <br /> With respect to coverage afforded by this endorsement, the provisions of the policy apply unless modified by <br /> endorsement. <br /> SECTION II--COVERED AUTOS LIABILITY COVERAGE is amended as follows: <br /> 1. Newly Formed Or Acquired Subsidiaries <br /> The following is added to SECTION II--COVERED AUTOS LIABILITY COVERAGE, Paragraph A.1.Who Is <br /> An Insured: <br /> d. Any legally incorporated subsidiary of which you own more than 50 percent interest during the policy period <br /> shown on the Declarations. Coverage shall apply for the first ninety(90) days after your acquisition or the <br /> formation of such subsidiary, including the date of acquisition or formation. If you wish to add or continue <br /> coverage you must ask us to insure the subsidiary within ninety (90) days after you acquire or form the <br /> subsidiary. However, "insured"does not include any subsidiary that: <br /> (1) Is a partnership orjoint venture; or <br /> (2) Is an "insured"under any other automobile policy except a policy written specifically to apply in excess <br /> of any coverage provided by this policy; or <br /> (3) Has exhausted its Limit of Insurance for any policy with effective dates overlapping the date of <br /> acquisition or formation; or <br /> (4) Fallowing the entity's acquisition or formation by you, has had any other automobile policy cancelled or <br /> non-renewed. <br /> Coverage under this provision d. does not apply to "bodily injury" or "property damage" caused by an <br /> accident that occurred before you acquired or formed the subsidiary. <br /> 2. Employee Hired Auto <br /> The following is added to SECTION II—COVERED AUTOS LIABILITY COVERAGE, Paragraph A.1.Who Is <br /> An Insured: <br /> e. An "employee" of yours is an "insured" while operating an "auto" hired or rented under a contract or <br /> agreement in an "employee's" name, with your permission, while performing duties related to the conduct <br /> of your business. <br /> Paragraph 5.b.of the Other Insurance Condition in the Business Auto and Auto Dealers Coverage Forms and <br /> Paragraph 5.f. of the Other Insurance -Primary And Excess Insurance Provisions Condition in the Motor <br /> Carrier Coverage Form are replaced by the following: <br /> For Hired Auto Physical Damage Coverage, the following are deemed to be covered"autos"you own: <br /> 1. Any covered "auto"you lease, hire, rent or borrow; and <br /> AC 00 33 10 21 ©2021 Liberty Mutual Insurance Page 1 of 4 <br /> Includes copyrighted material of Insurance Services Office, Inc., with its permission. <br /> 07/25/2025 62698905 PLCM-CL EC Ensured Copy <br />
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