Otak, Inc 8/15/2016 - Laserfiche WebLink

• b.. Will be the payee for any retum premi, b.. Other coverage.acceptableto the 1:lair:red urns we pay. has:been procured prior to the expiration 2. We Compote all premiums for this policy in date Of the policy;"or accordance With our rules, rates, rating plans c. The policy:clearly states that it is not re premiums and minimum premiums The oewable and is for a specific line, sub premium shown in the Declarations was corn- classification,or type of coverage that is pitted based to rates and. rules in effect at not offered on a renewable hasis, the time the policy was ittued. On each re- 3. It newal, continuation or anniversary of the ef, fettiVe date of MIS pelicy, we will Compute a. You are an individual; the premium in accordance with our rates b A covered 'Lauto" you own. is of the "an- and rules then in effect vete passenger type and E. TRANSFER OF YOUR RIGHTS AND DUTIES c.,.. The policy does not cover garage, auto- UNDER THIS POLICY mobile sales agenty,.repair shop,service Your rights and duties under this:policy may not station or public parking-place operations be transferred without our written consent except hazartisi in the case of death of an individual named in the following applies to the nonrenewal of the sured. If you die, your rights and duties will be Commercial Auto Coverage Part in place of transferred to your legal representative but only GA.: while acting within the scope of :duties as your . legal representative. Until your legal representa- aWe.may Meet not to renew or continue tive is appointed, anyone having proper tempo, this policy by mailing or delivering to the rary custody of your property will have your rights first Named Insured and the first Named Insured's agent broker vaitten notice at and duties but with respect to that property, least 20 days. before the end of the•policy G. NONRENEWAL period Including the actual reason for 1. We may elect not to renew this policy by rtentenevial. If the policy period is more mailing or delivering written notice of oonre- than one year, we will have the right not • nowai, stating the reasons fernOtireneWal, to to renew or continue it only at an am* — .— the first Named Insured and the first Named versatyef its original effective date. If we ....-----... ..1—, Insured's agent or broker at their respective offer to renew or continue and you do not last mailing addresses:known to us. We will accept this policy will terminate at the ..-. also mail to any mortgage polder, pledgee or endof the current policy period: Failure other person shown in this policy to have an to pay the required renewal or continua, t...... ....... .—.... interest in any loss which may occur under lion premium when due shall mean that ----.-- this policy, at their last mailing address YOU have not accepted our offer. ...._- - Chmot known to us, written notice of nonrenewal. b. We will not refuse to renew Liability Cov- --- --__.- We will mail or deliver these notices at least erage or Collision CcVerage solely be- .. 4$•:days beforeffte: cause an 'insured" has submitted claims .MIONIMor ,-...= • a. Expiration of the policy,or under Comprehensive Coverage or Tow =--- b. Anniversary date Of thispolicy if this pol- ing and Labor Coverage ._ — icy has been written for. a term of more C. if we fail to mail or deliver proper notice than one year. of nonrenewal and you:obtain other in- ...-----;---- surance,this policy will end — 2. Otherwise we will renew this policy unlesson the effec- a.- The first Named InSured fails to pay the : tive date of that insurance. . .... ------,--= H. BUSINESSOWNERS COVERAGE PART REF- reri6wal premium dur afterto Wend* dud- have ex- 0--=—L-.- ERENCES TO FORMS AND ENDORSEMENTS preased willingriett: tein ._— ing a statement:Of the renewal preMiurn, • • In some instances the CommonPolicy Declare- , .: t...:------ to the first Named insured and the first: tions may list endorsements included in the Busi- MIIII •IIII!•I i'mmmmi. Nanied Insured's agent or broker at least nessowners Coverage Part that reference: 20:days before the.expiration date;: 1. The Commercial Property Coverage Part; 2. The Commercial General Liability Or Liquor Liability coverage Part;or IL 1316 09 07(Rev.09-08) Includes thezopyrighted material of Insurance Services Office.,Inc;Wifil ifs pertnisSiori. Page 3 of 4 407394: