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MARK THOMAS & COMPANY - 2015
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MARK THOMAS & COMPANY - 2015
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Last modified
1/16/2020 11:52:11 AM
Creation date
10/22/2015 1:04:30 PM
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Contracts
Company Name
MARK THOMAS & COMPANY
Contract #
A-2015-173
Agency
PUBLIC WORKS
Council Approval Date
8/4/2015
Expiration Date
8/4/2019
Insurance Exp Date
9/15/2017
Destruction Year
2024
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poWW.&MM39W COMPANY A-2015-173 REVIEWED BY <br />Insured: Mark Thomas & Company, Inc. <br />6. If "loss" results from the total theft of a cov- <br />ered "auto" of the private passenger type, <br />we will pay under this coverage only that <br />amount of your rental reimbursement ex- <br />penses which is not already provided for <br />under the PHYSICAL DAMAGE <br />COVERAGE Coverage Extension. <br />7. Coverage does not apply to any covered <br />.auto" for which coverage is provided by en- <br />dorsement form CA9923 on this policy. <br />L. EXPANDED TRANSPORTATION EXPENSE <br />Paragraph AA.a. of the PHYSICAL DAMAGE <br />COVERAGE SECTION is replaced by the fol- <br />lowing: <br />We will pay up to $50 per day to a maximum of <br />$1000 for temporary transportation expense in- <br />curred by you because of the total theft of a <br />covered "auto" of the private passenger type. We <br />will only pay for those covered "autos" for which <br />you carry Comprehensive or Specified Causes of <br />Loss Coverage. We will pay for temporary <br />transportation expenses incurred during the <br />period beginning 48 hours after the theft and <br />ending, regardless of the policy's expiration, <br />when the covered "auto" is returned to us or we <br />pay for its "loss". <br />M. EXTRA EXPENSE — STOLEN AUTOS <br />The following paragraph is added to Section AA of <br />the — PHYSICAL DAMAGE COVERAGE <br />SECTION: <br />c. We All pay for up to $5,000 for the expense of <br />returning a stolen covered "auto" to you. We <br />will pay only for those covered "autos" for <br />which you carry Comprehensive or Specified <br />Causes of Loss Coverage <br />N. NEW VEHICLE REPLACEMENT COST <br />The following Is added to paragraph C.Limit of <br />Insurance of the PHYSICAL DAMAGE <br />COVERAGE SECTION: <br />EUNICE HEREDIA k 641W 03 10 <br />5. The provisions of paragraphs Land 3. do not <br />apply to, a covered "auto" of the private <br />passenger type or a vehicle with a gross ve- <br />hicle weight of 20,000 pounds or less which is <br />a new vehicle. <br />In the event of a total "loss" to your new ve- <br />hi;cle to which this coverage applies, we will <br />pay at your option: <br />a. The verifiable new vehicle purchase <br />price you paid for your damaged vehicle, <br />not including any Insurance or <br />warranties purchased; <br />b. If it Is available, the purchase price, as <br />negotiated by us, of a new vehicle of the <br />same make, model, and equipment or the <br />most similar model available, not including <br />any furnishings, parts, or equipment not <br />installed by the manufacturer or <br />manufacturers' dealership; or. <br />c. The market value, of your damaged ve- <br />hicle, not including any furnishings, parts, <br />or equipment not installed by the <br />manufacturer or manufacturers dealer- <br />ship. <br />We will not pay for initiation or set up costs <br />associated with loans or leases <br />In this endorsement, a new vehicle means <br />an "auto" of which you are the original owner <br />that has not been previously titled and which <br />you purchased less than 365 days before <br />the date of the "loss". <br />0. BLANKET WAIVER OF SUBROGATION <br />The following Is added to paragraph 5. Transfer Of <br />Rights Of Recovery Against Others To Us of — <br />BUSINESS AUTO and MOTOR CARRIER <br />CONDITIONS SECTIONS; <br />We waive any right of recovery we may have <br />agalnst any person or organization to the extent <br />required of you by a written contract executed prior <br />to any "accident" because of payments we make <br />for damages under this coverage form. <br />All terms and conditions of this policy apply unless modified by this endorsement. <br />AC 01 01A 03 10 Includes copyrighted material of Insurance Services Office, Inc., <br />with its permission <br />
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