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ae� <br />ME <br />Business Auto Policy <br />MGT of America, ine. Policy 2093563501 <br />SECTION IV— BUSINESS AUTO CONDfrfoNS <br />The following conditions apply in addition to the <br />Common Policy Conditions: <br />A. Lou Conditions <br />1, Appraisal For Physical Damage toes <br />If you and we disagree on the amount of 'joss,' <br />either may demand an appraisal of the "loss." In <br />this atrent, each party will select a competent <br />appraivar. The two approlaom will "ISO, a <br />competent and Impartial umpire. The appraisers <br />will State separately the actual cash value and <br />amount of "loss.' If they fail to agree, they will <br />submit their dlffatenaas to the umpire. A <br />decision agreed to by any two will be binding. <br />Each party wig: <br />a, Pay its chosen appraiser; and <br />b. Bear the other expanses of the appraisal <br />and umpire equally. <br />If We submit to sit appraisal, we will Still retain <br />our right to deny the claim. <br />2, Duties IN'rthe Event Of Aceldeat, Claim, Suit <br />Or Loss <br />We have no duty to provide coverage under this <br />Policy unless there has boar full compliance <br />with the following duties: <br />a. In the event of 'aecitlem,' claim, 'suit' or <br />903s,' you must give us at our authorized <br />ropresentallve prompt notice of the <br />'accldent' or `loss,' Include; <br />(1) How, when and where the'acoldent' or <br />"loss' accurred; <br />(2) The "Insureds' name and address; and <br />(3) To the extont poesible, the names and <br />addresses of any Injured persons and <br />witnesses. <br />9. <br />0 <br />b. Additionally, you End any ether involved <br />'insured' must: <br />(1) Assumo no obligation, make no <br />Payment or incur no axpsneo whhout g• <br />Our consent, except at the 'insurad's" <br />own aaat. <br />(2) Immediately send us copies of any <br />request, demand, Order, notice, <br />summons ar legal paper received <br />oonooming the claim or 'suit.- <br />(3) Cooparale with us In the Investigation <br />or settlement of the claim or delanse <br />against the "suit." <br />(4) Authorize us to obtain medical records <br />or other podinent information. <br />(0) Submit to examination, at our expense, <br />by physicians of our choice, as often as <br />we reasonably require. <br />o. II there is 'lose" to a covered 'auto' at Its <br />aqulpmeni you must also do the following: <br />CA 00 0109 03 <br />(1) Promptly notify the police If the covered <br />°aids' Or any of its equipment Is stolen. <br />(2) Take all reasonable Steps to protect the <br />covered 'auto' from further damage. <br />Also keep a record of your sxpensee for <br />oonSidemtlon In the settlement of the <br />claim. <br />(3) Permit us to inspect the covered 'auto' <br />and records proving the loss' before Its <br />repair or dlsposllen, <br />(4) Agree to examinations under oath at <br />our request and give us a signed <br />statement of your answers, <br />Legal Action Against Us <br />No one may bring a 10991 action against us <br />under this Coverage Form until: <br />0. There has been full compliance with all the <br />terms Of this Coverage Form; and <br />b, Under Liability Coverage, we agree in <br />writing that the •tnsurod' has an obY9atlon <br />to pay or unlfl the amount of that obligation <br />hao finally boon determined by judgment <br />offer Intel. NO one has the right under Ibis <br />Policy 10 bring us into an action to <br />determine the'insured's" liability, <br />Lose Payment: — Phyaloal Damage Coverages <br />At our option we may; <br />a, Pay tor, repair or replace damaged or Stefan <br />propany; <br />k Rstum the stolen property, at our expense. <br />We will pay for any damage that results to <br />the *4010' from the theft; or <br />o. Take all or any part of the damaged or <br />stolen pmpOrly at an agreed or appraised <br />value. <br />It we pay tar the 'loss ; our payment will include <br />the applicable sales tax for the damaged or <br />stolen properly. <br />Transfar Of Rights Of Recovery Against <br />Others To Us <br />It any person or Organization to or for whom we <br />make payment under this Coverage Form has <br />rights to roaeyer damages from another, those <br />rights are bansfarred to us. That pomen or <br />organization must do everything necessary to <br />!scum our rights and must do nothing after <br />accident, or 01096' to Impair them, <br />B. Ganaral Conditions <br />1. Bankruptcy <br />Bankruptcy or insolvency of the 'insured' or the <br />1risurad's• estate will not relieve US of any <br />obligations under this Coverage Ferro, <br />2. Gbnoselmsnt, Miereprssa INSIlOn Or Fraud <br />This Coverage Form Is veld In any case of fraud <br />by YOU at any time as It relates to this Coverage <br />Copyright, 180 Propadles, Ino„ 2005 <br />1,60879111 <br />