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LE, CHOC (2) - 2013
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LE, CHOC (2) - 2013
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Last modified
6/8/2017 2:58:06 PM
Creation date
9/30/2013 10:35:02 AM
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Contracts
Company Name
LE, CHOC
Contract #
A-2013-093
Agency
PARKS, RECREATION, & COMMUNITY SERVICES
Council Approval Date
6/17/2013
Expiration Date
6/30/2015
Insurance Exp Date
12/17/2015
Destruction Year
2020
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Commercial General Uabd|Mv <br />CGOQ0112Q7 <br />(b) Any other primary insurance available to you covering liability for damages arising out of the premises <br />or npenatiomm, or the products and completed oporahona, for which you have been added as an <br />additional insured byattachment ofanendorsement, <br />(2) When this insurance is exnmms, we will have no duty under Coverages Aor Bto defend the insured <br />against any ''uuit" if any other insurer has a duty to defend the insured against that ^suit' If no other insurer <br />defends, we will undertake 1odoso, but wewill be entified to the inmumed'e rights against all those other <br />insurers. <br />(3) When this insurance is excess over other insurance, we will pay only our share of the amount of the loss, <br />|fany, that exceeds the sum of: <br />(a) The total amount that all such other insurance would pay for the loss in the absence of this insurance,,, <br />and <br />(b) The total of all deductible and seff�nsured amounts under all that other insurance. <br />pA We will share the remaining [oss^ if any, with any other insurance that is not described in this Excess <br />Insurance provision and was not bought specifically to apply in excess of the Limits of Insurance shown in <br />the Declarations ofthis Coverage Port. <br />o.Method Of Sharing <br />If all of the other insurance permits contribution by equal shares, we will follow this method also. Under this <br />approach each insurer contributes equal amounts until it has paid be applicable limit ofinsurance or none of <br />the loss remains, whichever comes first. <br />If any of the other insurance does not permit contribution by equal shares, we will contribute by limits, Under <br />this msdhod, each insurer's share is booed on the ratio of its app&omb|e limit of insurance to the total <br />applicable limits of insurance of all insurers. <br />5. Premium Audit <br />a. We will compute all prem�ums for this Coverage Part in accordance with our rules and rates. <br />b. Premium shown in this Coverage Pert as advance premium is a deposit premium only. At the close of each <br />audit period we will compute the earned premium for that period and send notice to the first Named Insured. <br />The due date for audit and retrospective premiums is the date shown as the due date on the bill, If the sum of <br />the advance and audit premiums paid for the policy period is greater than the earned pn*mmiuno, we will return <br />the excess tothe first Named Insured. <br />o. The first Named Insured must keep records of the information we need for premium oomputmtion, and send <br />uscopies etsuch times as wemay request. <br />6. Representations <br />Byaccepting this policy, you ogree� <br />a. The statements in the Declarations are accurate and complete; <br />b. Those statements are based upon representations you made tous" and <br />c.VVehave issued this policy inreliance upon your representations. <br />Cuevas r�/' ^�~ 7.Separation OfInsureds <br />Except with respect to the Limits of |momranoa, and any rights or duties specifically ass Pig RIW'PT%0&WE6e <br />Part bothe first Named Insured, this insurance applies: <br />a.Asifeach Named Insured were the only Named Insured; and <br />b. Separately to each insured against whom claim is made or "suit" is brought. <br />8.Transfer Of Rights Of Recovery Against Others ToUs <br />If the insured has rights to recover all or part of any payment we have mode under this Coverage Part, those <br />rights are transferred bous. The insured must do nothing after loss to impair them. /# our request, the insured <br />will bring ^smif' ortransfer those rights to um and help us enforce them, <br />9. When We Do Not Renew <br />If we decide not to renew this Coverage Part, we will mail or deliver to the first Named Insured shown in the <br />Declarations written notice of the nonrenewal not less than 30 days before the expiration date. <br />If notice is mailed, proof of mailing wfll be sufficient proof of notice. <br />CGOUO1 1287 @ ISO Properties, Inc. ^20VV Page 12of16 <br />
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