Decarla's Beauty Salon 9/28/2020

98-C6-F927-8 009120 M 9109 CMP-4705.2 Page 1 of 4 THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. CMP-4705.2 LOSS OF INCOME AND EXTRA EXPENSE This endorsement modifies insurance provided under the following: BUSINESSOWNERS COVERAGE FORM The coverage provided by this endorsement is 2. Extra Expense subject to the provisions of SECTION I — a. We will pay necessary "Extra Expense" PROPERTY, except as provided below. you incur during the "period of restoration" COVERAGES that you would not have incurred if there 1. Loss Of Income had been no accidental direct physical loss to property at the described premises. a. We will pay for the actual "Loss Of In- The loss must be caused by a Covered come" you sustain due to the necessary Cause Of Loss. With respect to loss to "suspension" of your "operations" during personal property in the open or personal the "period of restoration". The "suspen- property in a vehicle, the described prem- sion" must be caused by accidental direct ises include the area within 100 feet of the physical loss to property at the described site at which the described premises are premises. The loss must be caused by a located. Covered Cause Of Loss. With respect to With respect to the requirements set forth loss to personal property in the open or personal property in a vehicle, the de- in the preceding paragraph, if you occupy scribed premises include the area within only part of the site at which the described 100 feet of the site at which the described premises are located, then the described premises are located. premises means: With respect to the requirements set forth (1) The portion of the building which you in the preceding paragraph, if you occupy rent, lease or occupy; and only part of the site at which the described (2) Any area within the building or on the premises are located, then the described site at which the described premises premises means: are located, if that area is the only such area that: (1) The portion of the building which you rent, lease or occupy; and (a) Services; or (2) Any area within the building or on the (b) Is used to gain access to; site at which the described premises the described premises. are located, if that area is the only b. We will only pay for "Extra Expense" that such area that: occurs after the date of accidental direct (a) Services; or physical loss and within the number of (b) Is used to gain access to; consecutive months for Loss Of Income And Extra Expense shown in the Declare- the described premises. tions. b. We will only pay for "Loss Of Income" that 3. Extended Loss Of Income you sustain during the "period of restora- a. If the necessary "suspension" of your "op- tion" that occurs after the date of acci- erations" produces a "Loss Of Income" dental direct physical loss and within the payable under this policy, we will pay for number of consecutive months for Loss Of the actual "Loss Of Income" you incur dur- Income And Extra Expense shown in the ing the period that: Declarations. We will only pay for "ordi- (1) property, except fin- nary payroll expenses" for 90 days follow- ishedis stock, is actually repaired, rebuilt ing the date of accidental direct physical or replaced and "operations" are re- loss. sumed; and ©, Copyright, State Farm Mutual Automobile Insurance Company, 2016 Includes copyrighted material of Insurance Services Office, Inc.,with its permission. CONTINUED