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2014/05/14 Council Agenda Packet
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2014/05/14 Council Agenda Packet
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Council Agenda Packet
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5/14/2014
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2 <br /> If we cancel for any reason other than c.Regardless of the number of autos damaged <br /> nonpayment of premium, we will mail or deliver in any one "loss", the most we will pay under <br /> to the first Named Insured written notice of this Hybrid Payment Coverage provision for <br /> cancellation at least 60 days before the effective any one"loss"is$10,000. <br /> date of cancellation. For the purposes of the coverage provision, <br /> 18. HYBRID PAYMENT COVERAGE a.A "non-hybrid" auto is defined as an auto that <br /> In the event of a total loss to a"non-hybrid" auto uses only an internal combustion engine to <br /> for which Comprehensive, Specified Causes of move the auto. <br /> Loss, or Collision coverages are provided under b.A "hybrid" auto is defined as an auto with an <br /> this Coverage Form, then such Physical internal combustion engine and one or more <br /> Damage Coverages are amended as follows: electric motors; and that uses the internal <br /> a.lf the auto is replaced with a "hybrid"auto, we combustion engine and one or more electric <br /> will pay an additional 10%, to a maximum of motors to move the auto, or the internal <br /> $2,500, of the "non-hybrid" auto's actual cash combustion engine to charge one or more <br /> value or replacement cost,whichever is less, electric motors,which move the auto. <br /> b.The auto must be replaced and a copy of a bill <br /> of sale or new lease agreement received by us <br /> within 60 calendar days of the date of"loss," <br /> • <br /> • <br /> ©2010,The Hartford (Includes copyrighted material <br /> Form HA 99 16 09 10 of ISO Properties, Inc.,with its permission.) Page 5 of 5 <br /> 27 <br />
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