WILLIAMS AND MAHERS, INC - Laserfiche WebLink

Home Browse Search

NCA 70 05 01 18 I. FELLOW EMPLOYEE — OFFICERS, b. $500 for a covered "auto" you own that is MANAGERS, AND SUPERVISORS not of the private passenger type, The Fellow Employee Exclusion in SECTION II — for towing and labor costs incurred each time COVERED AUTOS LIABILITY COVERAGE is the covered "auto" is disabled. However, the replaced as follows; labor must be performed at the place of A. "Bodily injury" to any fellow"employee" of the disablement. "insured"arising out of and in the course of the 2. This coverage applies only for an "auto" fellow "employee's" employment or while covered on this policy for Comprehensive or performing duties related to the conduct of Specified Causes of Loss Coverage and your business. This exclusion does not apply Collision Coverages. to an "insured" who occupies a position as an 3. Payment applies in addition to the otherwise officer, manager, or supervisor. applicable amount of each coverage you have J. HIRED AUTO PHYSICAL DAMAGE on a covered"auto". If covered "auto" designation symbols 1 or 8 apply M. AUTO LOAN OR LEASE COVERAGE to Liability Coverage and if at least one "auto"you 1. In the event of a total"loss"to a covered"auto", 00 own is covered by this policy for Comprehensive, we will pay any unpaid amount due on the loan 0.0 Specified Causes of Loss, or Collision coverages, or lease, including up to a maximum of $500 Ln M then the Physical Damage coverages provided are for early termination fees or penalties, for your o extended to"autos"you lease, hire, rent or borrow covered "auto" less: owithout a driver; and provisions in the Business a. The amount paid under SECTION III — Auto Coverage Form applicable to Hired Auto PHYSICAL DAMAGE COVERAGE of this Physical Damage apply up to a limit of$100,000. ti policy; and o The deductible will be equal to the largest °' deductible applicable to any owned "auto" for that b. Any: coverage. Any Comprehensive deductible does (1) Overdue lease/loan payments at the not apply to fire or lightning. time of the"loss"; K. TEMPORARY SUBSTITUTE AUTOS — (2) Financial penalties imposed under a PHYSICAL DAMAGE COVERAGE lease for excessive use, abnormal The following is added to paragraph C. Certain wear and tear or high mileage; Trailers, Mobile Equipment And Temporary (3) Security deposits not refunded by a Substitute Autos of SECTION I - COVERED lessor; AUTOS: (4) Costs of extended warranties, Credit If Physical Damage Coverage is provided by Life insurance, Health, Accident, or this Coverage Form, the following types of Disability insurance purchased with vehicles are also covered "autos" for Physical the lease; and Damage Coverage: (5) Carry-over balances from previous Any"auto"you do not own while used with the leases. permission of its owner as a temporary 2. This coverage only applies to a"loss"which is substitute for a covered "auto"you own that is 0 also covered under this policy for W out of service because of its: Comprehensive, Specified Causes of Loss, or o a. Breakdown; Collision coverage. o b. Repair; 3. Coverage does not apply to any unpaid c. Servicing; amount due on a loan for which the covered d. "Loss"; or "auto" is not the sole collateral. N. ORIGINAL EQUIPMENT MANUFACTURER e. Destruction PARTS — LEASED PRIVATE PASSENGER The coverage that applies is the same as the TYPES D coverage provided for the vehicle being Under Paragraph C. Limit of Insurance of replaced. SECTION III—PHYSICAL DAMAGE COVERAGE, C) Section EXPANDED TOWING COVERAGE Section 4 is added as follows: 1. We will pay up to: 4. We will use new original equipment vehicle a. $100 for a covered "auto" you own of the manufacturer parts for any private passenger private passenger type, or type covered "auto" where required by the lease agreement which has a term of at least NCA 70 05 01 18 Includes copyrighted material of Insurance Services Office, Inc.,with its permission. Page 3 of 6