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HODGES LACY & ASSOCIATES, LLC - 2014
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HODGES LACY & ASSOCIATES, LLC - 2014
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Last modified
7/6/2016 5:28:49 PM
Creation date
6/4/2014 10:18:42 AM
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Contracts
Company Name
HODGES LACEY & ASSOCIATES, LLC
Contract #
A-2014-037
Agency
PUBLIC WORKS
Council Approval Date
2/4/2014
Expiration Date
6/30/2015
Insurance Exp Date
5/20/2016
Destruction Year
2020
Notes
See Errata Sheet for name change
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BUSINESS LIABILITY COVERAGE FORM <br />This Paragraph f. applies separately to <br />you and any additional Insured. <br />3. Financial Responsibility Laws <br />a. When this policy is certified as proof of <br />financial responsibility for the future under <br />the provisions of any motor vehicle <br />financial responsibility law, the insurance <br />provided by the policy for "bodily injury" <br />liability and "property damage" liability will <br />comply with the provisions of the law to <br />the extent of the coverage and limits of <br />insurance required by that law. <br />b. With respect to "mobile equipment" to <br />which this insurance applies, we will <br />provide any liability, uninsured motorists, <br />underinsured motorists, no -fault or other <br />coverage required by any motor vehicle <br />law. We will provide the required limits for <br />those coverages. <br />4. Legal Action Against Us <br />No person or organization has a right under <br />this Coverage Form: <br />a. To join us as a parry or otherwise bring us <br />into a "suit" asking for damages from an <br />insured; or <br />b. To sue us on this Coverage Form unless <br />all of Its terms have been fully compiled <br />with. <br />A person or organization may sue us to recover <br />on an agreed settlement or on a final judgment <br />against an insured; but we will not be liable for <br />damages that are not payable under the terms of <br />this insurance or that are In excess of the <br />applicable limit of insurance. An agreed <br />settlement means a settlement and release of <br />liability signed by us, the insured and the <br />claimant or the claimant's legal representative. <br />5. Separation Of Insureds <br />Except with respect to the limits of Insurance, <br />and any rights or duties specifically assigned <br />in this policy to the first Named Insured, this <br />insurance applies: <br />a. As if each Named Insured were the only <br />Named Insured; and <br />b. Separately to each insured against wham <br />a claim is made or "suit" is brought. <br />6. Representations <br />a. When You Accept This Policy <br />By accepting this policy, you agree: <br />(1) The statements in the Declarations <br />are accurate and complete; <br />(2) Those statements are based upon <br />representations you made to us; and <br />(3) We have Issued this policy in reliance <br />upon your representations. <br />b. Unintentional Failure To Disclose <br />Hazards <br />It unintentionally you should fail to disclose <br />all hazards relating to the conduct of your <br />business at the Inception date of this <br />Coverage Part, we shall not deny any <br />coverage under this Coverage Part <br />because of such failure. <br />7, Other Insurance <br />If other valid and collectible insurance Is <br />available for a loss we cover under this <br />Coverage Part, our obligations are limited as <br />follows: <br />a; Primary insurance <br />This Insurance is primary except when b. <br />below applies. If other insurance is also <br />primary, we will share with all that other <br />insurance by the method described in c, <br />below. <br />b. Excess Insurance <br />This insurance is excess over any of the <br />other insurance, whether primary, excess, <br />contingent or on any other basis; <br />(1) Your Work <br />That is Fire, Extended Coverage, <br />Builder's Risk, Installation Risk or <br />similar coverage for "your work"; <br />(2) Premises Rented To You <br />'That Is fire, lightning or explosion <br />insurance for premises rented to you <br />or temporarily occupied by you with <br />permission of the owner; <br />(3) Tenant Liability <br />That is insurance purchased by you to <br />cover your liability as a tenant for <br />"property damage" to premises rented <br />to you or temporarily occupied by you <br />with permission of the owner; <br />(4) Aircraft, Auto Or Watercraft <br />If the loss arises out of the maintenance <br />or use of aircraft, "autos" or watercraft to <br />the extent not subject to Exclusion g. of <br />Section A. — Coverages. <br />(5) Property Damage To Borrowed <br />Equipment Or Use Of Elevators <br />If the loss arises out of "property <br />damage" to borrowed equipment or <br />the use of elevators to the extent not <br />subject to Exclusion k. of Section A. — <br />Coverages. <br />Page 16 of 24 Form SS 00 08 04 06 <br />
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