Laserfiche WebLink
o: The market Value ofy ttt:�(mrEdged VeE lcfa,ati tF:' µa Acivai cosh value of: the'itamag'ed-ar'otolen 'c <br />not including any furnishings, parts or equip property as of the time oP't{i3 `9oss", less an <br />mont not installed b� ttl(Irn�aufacturer o ""lip, adjustment for depreoia)innrand , pnysn§al,,., <br />manufacturbeg dealership. -- - ,�^' condition; or <br />This coverage applies only to a covered "auto' b, Balance due under the term"f the 4oan or <br />of the private passenger, light truck ot'rTtedlufrl"' ' '" lease that the damaged covered "auto°' is <br />truck type (20,000 Ibs or less gross, vahicle subject to at the time of the `lass loss any <br />weight) and does not apply to initiaticn,dr sat. yp ,„, one or all of the following"adjustments: <br />costs associated with loans or leases... (1) Overdue payment ''and financial, <br />TWO OR MORE DEDUCTIBLES penalties associated with those <br />payments as of the date of the <br />Under SECTION III — PHYSICAL DAMAGE COV- "loss", <br />ERAGE, if two or more "company" policies or cover- (2) Financial penalties Imposed under a <br />aqe forms apply to the same accident, the following lease due to high mileage, exces <br />applies to paragraph D, Deductible: sive use or abnormal wear and tear. <br />a. If the applicable Business Auto deduct- <br />ible is the smaller (or smallest) deduct- <br />ible It will be waived; or <br />b. If the applicable Business Auto deduct- <br />ible is not the smaller (or smallest) de- <br />ductible it will be reduced by the amount <br />of the smaller (or smallest) deductible; <br />or <br />c. If the loss Involves two or more Busi- <br />ness Auto coverage forms or policies <br />the smaller (or smallest) deductible will <br />be waived. <br />For the purpose of this endorsement <br />"company" means: <br />a. Safeco Insurance Company of America <br />b. American States Insurance Company <br />c, General Insurance Company of America <br />d, American Economy Insurance Company <br />a, First National Insurance Company of <br />America <br />(3) Costs for extended warranties, Cre- <br />dit Life Insurance, Health, Accident <br />or Disability Insurance purchased <br />with the loan or lease. <br />(4) Transfer or rollover balances from <br />previous loans or leases. <br />(5) Final payment due under a "Balloon <br />Loan". <br />(6) The dollar amount of any <br />un-repaired damage that occurred <br />prior to the total loss" of a covered <br />"auto". <br />(7) Security deposits not refunded by a <br />lessor. <br />(8) All refunds payable or paid to 'you <br />as a result of the early termination <br />of a lease agreement or any war- <br />ranty or extended service agree- <br />ment on a covered "auto", <br />(9) Any amount representing taxes. <br />(10) Loan or lease termination fees <br />f, American States Insurance Company of <br />Texas GLASS REPAIR — WAIVER OF DEDUCTIBLE <br />g, American States Preferred Insurance Under paragraph D. — DEDUCTIBLE of SECTION III <br />Company --- PHYSICAL DAMAGE COVERAGE, the following Is <br />h. Safeco Insurance Company of Illinois added: <br />LOANILEASE GAP COVERAGE <br />Under paragraph C -- LIMIT OF INSURANCE of <br />SECTION III — PHYSICAL DAMAGE COVERAGE, <br />the following is added: <br />4. The most we will pay for a total "loss" In any one <br />"accident" Is the greater of the following, subject <br />to a $1,500 maximum limit: <br />No deductible applies to glass damage If the glass Is <br />repaired rather than replaced. <br />AMENDED DUTIES IN THE EVENT OF ACCI- <br />DENT, CLAIM, SUIT OR LOSS <br />The requirement in LOSS CON 2, . <br />DUTIES IN THE EVENT 0ENT„- C AIM <br />SUIT OR LOSS — of SECTIffiitt IV <br />AUTO CONDITIONS Ih t t 6 <br />a you mu s no <br />CA 71 10 03 07 Page a A 6 �Gjr�t r'EP <br />C <br />