Laserfiche WebLink
OCEAN BLUE ENVIRONMENTAL A- 2013 - 115 -02 REVIEWED BY <br />EUNICE HEREDIA (PG 13 OF 16) <br />Coverages <br />Limit Of Insurance <br />Covered Autos Liabill <br />$ Each "Accident" <br />Actual Cash Value Or Cost Of Repair, Whichever Is Less, Minus <br />Comprehensive <br />$ Deductible For Each Covered "Leased Auto" <br />Actual Cash Value Or Cost Of Repair, Whichever Is Less, Minus <br />Collision <br />$ Deductible For Each Covered "Leased Auto" <br />Actual Cash Value Or Cost Of Repair, Whichever Is Less, Minus <br />Specified <br />Causes Of Loss <br />$ Deductible For Each Covered "Leased Auto" <br />Information required to complete this Schedule If not shown above, will be shown In the Declarations, <br />A. coverage <br />1. Any "leased auto" designated or described in <br />the Schedule will be considered a covered <br />"auto" you own and not a covered "auto" you <br />hire or borrow. <br />2. For a "leased auto" designated or described In <br />the Schedule, the Who Is An Insured <br />provision under Covered Autos Liability <br />Coverage Is changed to include as an <br />"Insured" the lessor named In the Schedule. <br />However, the lessor Is an "Insured" only for <br />"bodily injury" or "property damage" resulting <br />from the acts or omissions by: <br />a. You; <br />b. Any of your "employees" or agents; or <br />c. Any person, except the lessor or any <br />"employee" or agent of the lessor, operating <br />a "leased auto" with the permission of any <br />of the above. <br />3. The coverages provided under this <br />endorsement apply to any "leased auto" <br />described in the Schedule until the expiration <br />date shown In the Schedule, or when the lessor <br />or his or her agent takes possession of the <br />"leased auto ", whichever occurs first. <br />B. Loss Payable Clause <br />1. We will pay, as interest may appear, you and <br />the lessor named in this endorsement for "loss" <br />to a "leased auto ". <br />2. The insurance covers the interest of the lessor <br />unless the "loss" results from fraudulent acts or <br />omissions on your part. <br />3. If we make any payment to the lessor, we will <br />obtain his or her rights against any other party, <br />C. Cancellation <br />1. If we cancel the policy, we will mail notice to <br />the lessor in accordance with the Cancellation <br />Common Policy Condition. <br />2. If you cancel the policy, we will mail notice to <br />the lessor. <br />3. Cancellation ends this agreement. <br />D. The lessor is not liable for payment of your <br />premiums. <br />E. Additional Definition <br />As used in this endorsement: <br />"Leased auto" means an "auto" leased or rented to <br />you, Including any substitute, replacement or extra <br />"auto" needed to meet seasonal or other needs, <br />under a leasing or rental agreement that requires <br />you to provide direct primary insurance for the <br />lessor. <br />Page 2 of 2 0 Insurance Services Office, Inc., 2011 CA 20 01 10 13 <br />