Reece Construction Company 3/9/2022

(c) Cost of repair. Cur obligation to pay for a loss in c.(1) above will be reduced by a deductible. The deductible will be equal to the largest deductible applicable to any owned "auto" for that coverage. The deductible will be waived for"loss"caused by fire or lightning. (2) Subject to paragraph c.(1). above, we will provide coverage equal to the broadest physical damage coverage applicable to any covered"auto"shown in the dedarations. (3) Wien you are required by written contract to indemnify a lessor for actual financial lass because of loss of use of a hired"auto"resulting from a covered"accident"or"lass",we will cover that financial loss subject to the limit specified in paragraph c.(1). 13. ENHANCED SUPPL EIVENfARY PAYMENTS SECTION II.A.2a COVERAGE EXTENSIONS, Supplementary Payments (2) and (4) are replaced by the following: (2) Up to$2,500 for the cost of bail bonds(induding bonds for related traffic laws vitiations) required because of an"accident"we cover. We do not have to furnish these bonds. (4) All reasonable expen^o incurred by the"insured" at our request, induding actual lass of earnings up to$350 a day because of time off from work. 14. FELLOW EMPLOYEE COVERAGE FOR DESIGNATED POSITIONS The Fellow Employee Exdusion contained in Section 11.13.5. does not apply to the following positions or job titles: foreman,supervisor, manager,officer, partner or other senior level"employee". Coverage is excess over all other collectible insurance. 15. PHYSICAL DAMAGE-TRANSPORTATION EXPENSES SECTION III.A4.a Transportation Expenses is replaced by the following: a Transportation Expenses We will pay up to$50 per day to a ma>dnrum of$1,500 for temporary transportation expense incurred by you because of the total theft of a covered "auto". We will pay only for those covered "autos" for which you carry either Comprehensive or Specified Cause of Lass Coverage. We will pay for temporary transportation expenses incurred during the period beginning 48 hours after the theft and ending, regardless of the pdic/s expirations,when the covered"auto"is returned to use or we pay for its"loss". For autos provided with temporary transportation expense, the following physical damage coverage will aPPly (1) The most we will pay for any one"accident"or"loss"under the temporary transportation expense physical damage coverage is the lessor of: (a) The any one"Accident"or"Loss"amount of$100,000; (b) The actual cash value;or (c) Cost of repair. Our obligation to pay for a loss in a(1) above will be reduced by a deductible. The deductible will be equal to the largest deductible applicable to any owned "auto" for that coverage. The deductible will be waived for"lass"caused by fire or lightning. AP-0401 (10/17) -4-