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TSCM C CRP A-201 4-355 REVIEWED BY� "A <br />ry <br />EUNICE HEREDIA (PG 3 OF 9) <br />(6) The coverage provided will not exceed the <br />lesser of: <br />(a) The coverage and/or limits of this policy; <br />or <br />(b) The coverage and/or limits required by <br />the "insured contract". <br />(7) A person's or organization's status as an <br />"insured" under this subparagraph d ends <br />when your operations for that "insured" are <br />completed. <br />EMPLOYEE AS INSURED <br />Under Paragraph A. of Section 11 — LIABILITY COV- <br />ERAGE item f. is added as follows: <br />Your "employee,, while using his owned "auto", or an <br />'IaUtO" owned by a member of his or her household, <br />in your business or your personal affairs, provided you <br />do not own, hire or borrow that "auto", This coverage <br />is excess to any other collectible insurance coverage. <br />FELLOW EMPLOYEE COVERAGE <br />Exclusion 5. FELLOW EMPLOYEE of SECTION 11 — <br />LIABILITY COVERAGE — B. EXCLUSIONS is <br />amended by the addition: of the following: <br />However, this exclusion does not apply if the "bodily <br />injury" results from the use of a covered "auto" you <br />own or hire, and provided that any coverage under <br />this provision only applies in excess over any other <br />collectible insurance. <br />We waive the right of recovery we may have for pay- <br />ments made for "bodily injury" or "property damage" <br />on behalf of the persons or organizations added as <br />` °insureds" under Section III — LIABILITY COVERAGE <br />— AJ.D. BROAD FORM NAMED INSURED and <br />A.I.e. BLANKET ADDITIONAL INSURED. <br />PHYSICAL DAMAGE — ADDITIONAL TRANS- <br />PORTATION EXPENSE COVERAGE <br />The first sentence of paragraph A.4. of SECTION III <br />— PHYSICAL DAMAGE COVERAGE is amended as <br />follows: <br />We will pay up to $50 per day to a maximum of <br />S1,500 for temporary transportation expense incurred <br />by you because of the total theft of a covered "auto"' <br />of the private passenger type. <br />PERSONAL, EFFECTS COVERAGE <br />A. SECTION III — PHYSICAL DAMAGE COVER- <br />AGE, A.4. COVERAGE EXTENSIONS, is <br />amended by adding the following: <br />c. Personal Effects Coverage <br />For any Owned "auto," that is involved in a <br />covered "Joss", we will pay up to $500 for <br />"personal effects" that are lost or damaged <br />as a result of the covered' "loss", without <br />applying a deductible. <br />EXTRA EXPENSE — BROADENED COVERAGE <br />Paragraph A. — COVERAGE of SECTION III — <br />PHYSICAL DAMAGE COVERAGE is amended to <br />add: <br />5. We will pay for the expense of returning a stolen <br />covered "auto" to you. <br />AIRBAG COVERAGE <br />Under paragraph B. — EXCLUSIONS of SECTION III <br />— PHYSICAL DAMAGE COVERAGE, the following is <br />added: <br />The exclusion relating to mechanical breakdown does <br />not apply to the accidental discharge of an airbag. <br />NEW VEHICLE REPLACEMENT COST <br />Under Paragraph C — LIMIT OF INSURANCE of <br />Section III — PHYSICAL DAMAGE COVERAGE sec- <br />tion 2 is amended as follows; <br />2. An adjustment for depreciation and physical con- <br />clition will be made in determining actual cash <br />value in the event of a total loss. However, in the <br />event of a total loss to your "new vehicle" to <br />which this coverage applies, as shown in the <br />declarations, we will pay at your option: <br />a. The verifiable "new vehicle" purchase price <br />you paid for your damaged vehicle, not in- <br />cluding any insurance or warranties pur- <br />chased; <br />Page 2 c)f 6 <br />b. The purchase price, as negotiated by us, of <br />a now vehicle of the same make, model and <br />equipment, not including any furnishings, <br />parts or equipment not installed by the <br />manufacturer or manufacturer's dealership. <br />If the same model is not available pay the <br />purchase price of the most similar model <br />available; <br />25392074 � Gi­i. 1 2✓15 Ala Lin— I Cinni� Suo-aman— I E/30/20 A,5 11 : 59 i 06 AV ODT) 1 uacp r, 3 of 9 <br />