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COMMERCIAL AUTO <br /> K. AIRBAGS (2) Any: <br /> The following is added to Paragraph B.3., Exclu- (a) Overdue lease or loan payments at the <br /> sions, of SECTION III — PHYSICAL DAMAGE time of the"loss"; <br /> COVERAGE: (b) Financial penalties imposed under a <br /> Exclusion 3.a. does not apply to "loss" to one or tease for excessive use, abnormal wear <br /> more airbags in a covered"auto"you own that in- and tear or high mileage; <br /> flate due to a cause other than a cause of"loss" <br /> set forth in Paragraphs A.1.6. and A.1.c., but (c) Security deposits not returned by the les- <br /> only: sor, <br /> a. If that "auto" is a covered "auto"for Compre- (d) Costs for extended warranties,Credit Life <br /> hensive Coverage under this policy; Insurance, Health, Accident or Disability <br /> b. The airbags are not covered under any war- Insurance purchased with the loan or <br /> ranty;and lease;and <br /> c. The airbags were not intentionally inflated. (e) Carry-over balances from previous loans <br /> or leases. <br /> We will pay up to a maximum of $1,000 for any M. BLANKET WAIVER OF SUBROGATION <br /> one"loss". <br /> L. AUTO LOAN LEASE GAP The following replaces Paragraph A.5., Transfer <br /> Of Rights Of Recovery Against Others To Us, <br /> The following is added to Paragraph A.4., Cover- of SECTION IV — BUSINESS AUTO CONDI- <br /> age Extensions, of SECTION III — PHYSICAL TIONS: <br /> DAMAGE COVERAGE: <br /> Auto Loan Lease Gap Coverage for Private 5. Transfer Of Rights Of Recovery Against <br /> Passenger Type Vehicles Others To Us <br /> In the event of a total"loss"to a covered"auto"of We waive any right of recovery we may have <br /> the private passenger type shown in the Schedule against any person or organization to the ex- <br /> or Declarations for which Physical Damage Coy- tent required of you by a written contract exe- <br /> erage is provided,we will pay any unpaid amount cuted prior to any "accident" or loss", pro- <br /> due on the lease or loan for such covered "auto" vided that the"accident"or"loss"arises out of <br /> less the following: the operations contemplated by such con- <br /> (1) The amount paid under the Physical Damage tract.The waiver applies only to the person or <br /> Coverage Section of the policy for that"auto"; organization designated in such contract. <br /> and <br /> CA T4 20 02 15 ©2015 The Travelers Indemnity Company All rights reserved Page 3 of 3 <br /> Includes copyrighted material of Insurance Services Office Inc with its permission <br />