Botesch, Nash & Hall 9/19/2022 - Laserfiche WebLink

This endorsement modifies insurance provided under the following: BUSINESS AU l O COVERAGE FORM A. Broad Form Named Insured "loss", provided that the 'accident' or "loss" anses The following is added to the SECTION II - out of the operations contemplated by such contract COVERED AUTOS LIABILITY COVERAGE, Para- The waiver applies only to the person or graph A.1.Who Is An Insured Provision organization designated in such contract Any business entity newly acquired or formed by you E. Employee Hired Autos during the policy period. provided you own fifty 1. The following is added to the SECTION II - percent(50%) or more of the business entity and the COVERED AUTOS LIABILITY COVERAGE, business entity is not separately insured for Bus- Paragraph A.1.Who Is An Insured Provision. iness Auto Coverage. Coverage is extended up to a maximum of one hundred eighty (180) days An "employee" of yours is an "insured" while following the acquisition or formation of the business operating an "auto" hired or rented under a entity contract or agreement in that 'employee's" name. with your permission. while performing This provision does not apply to any person or duties related to the conduct of your business organization for which coverage is excluded by endorsement. 2. Changes In General Conditions B. Employees As Insureds Paragraph 5.b. of the Other Insurance Con- dition in the BUSINESS AUTO CONDITIONS is The following is added to the SECTION II - deleted and replaced with the following COVERED AUTOS LIABILITY COVERAGE, Para- b For Hired Auto Physical Damage Coverage, graph A.1,Who Is An Insured Provision the following are deemed to be covered Any "employee' of yours is an "insured" while using "autos"you own a covered 'auto" you don't own. hire or borrow in your business or your personal affairs (1) Any covered "auto" you lease hire, rent or borrow:and C. Blanket Additional Insured (2) Any covered "auto' hired or rented by The following is added to the SECTION II - your'employee" under a contract in that COVERED AUTOS LIABILITY COVERAGE. Para- individual 'employee's" name, with your graph A.1. Who Is An Insured Provision permission, while performing duties Any person or organization that you are required to related However,o the "auto"ot of your business include as an additional insured on this coverage n d ory that is leased form in a contract or agreement that is executed by hired, rented borrowed with a driver is you before the 'bodily injury" or 'property damage" not a covered"auto' occurs is an 'insured' for liability coverage, but only F. Fellow Employee Coverage for damages to which this insurance applies and SECTION II - COVERED AUTOS LIABILITY only to the extent that person or organization COVERAGE, Exclusion B.5. does not apply if you qualifies as an "insured" under the Who Is An have workers compensation insurance in-force Insured provision contained in SECTION II - covering all of your employees COVERED AUTOS LIABILITY COVERAGE The insurance provided to the additional insured will G. Auto Loan Lease Gap Coverage be on a pnmary and non-contributory basis to the SECTION III - PHYSICAL DAMAGE COVERAGE, additional insured's own business auto coverage if C. Limit Of Insurance, is amended by Inc addition you are required to do so in a contract or agreement of the following that is executed by you before the 'bodily injury' or In the event of a total 'loss" to a covered 'auto" 'property damage"occurs shown in the Schedule of Declarations. we will pay D. Blanket Waiver Of Subrogation any unpaid amount due on the lease or loan for a covered 'auto" less' The following is added to the SECTION IV - BUSI- 1. The amount paid under the PHYSICAL NESS AUTO CONDITIONS, A. Loss Conditions, DAMAGE COVERAGE section of the policy: 5. Transfer Of Rights Of Recovery Against and Others To Us We waive any right of recovery we may have against 2. Any any person or organization to the extent required of a. Overdue lease/loan payments at the time of you by a contract executed prior to any "accident"or the"loss` PPA 300 03 13 Page 2 of 5