PHIL MARTIN & ASSOCIATES - 2014 - Laserfiche WebLink

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(b) That is Fire (2) The total of all deductible insurance for and self- insured amounts premises rented to under all that other the Additional insurance. Insured or temporarily We will share the remaining occupied by the loss, if any, with any other Additional Insured insurance that is not described in this Excess Insurance with permission of provision and was not bought the owner; specifically to apply in excess of (c) That is the Limits of Insurance shown in insurance the Declarations of this purchased by the Coverage Part. Additional Insured c. Method Of Sharing to cover the Additional Insured's If all of the other insurance permits liability as a tenant contribution by equal shares, we will for "property follow this method also. Under this damage" to approach each insurer contributes premises rented to equal amounts until it has paid its the Additional applicable limit of insurance or none Insured or of the loss remains, whichever temporarily comes first. occupied by the If any of the other insurance does Additional Insured not permit contribution by equal with permission of shares, we will contribute by limits. the owner; or Under this method, each insurer's (d) If the loss share is based on the ratio of its arises out of the applicable limit of insurance to the maintenance or use total applicable limits of insurance of of aircraft, "autos" all insurers. or watercraft to the III. Aggregate Limit of Insurance (Per extent not subject to Project) Exclusion g. of SECTION II — a. For purposes of the coverage LIABILITY, Part A. provided by this endorsement, D. Coverages, 1. Liability and Medical Expenses Business Liability. Limits of Insurance under Section When this insurance is excess, II — Liability is amended by adding we will have no duty under the following: SECTION II — LIABILITY, Part The General Aggregate Limit under A. Coverages, 1. Business D. Liability and Medical Expenses Liability to defend the insured "suit" Limits of Insurance applies against any if any other "your insurer has a duty to defend the separately to each of projects' insured against that "suit ". If no or each location listed in the other insurer defends, we will Declarations. undertake to do so, but we will b. For purposes of the coverage be entitled to the insured's rights provided by this endorsement F. against all those other insurers. Liability And Medical Expenses When this insurance is excess Definitions under Section II - over other insurance, we will Liability is amended by adding the pay only our share of the following: amount of the loss, if any, that exceeds the sum of: a. "Your project" means: (1) The total amount that all I. Any premises, site or such other insurance would location at, on, or in which pay for the loss in the "your work" is not yet absence of this insurance; completed; and and 391.1586 02 11 Includes copyrighted material of Insurance Services Offices, Inc., with its permission Page 3 of 4