2014-271 AMS - Riggs-Harrod Builders for Sportsplex lobby renovation $429,550

Browse Search

b. Any insurance we provide with respect to a d. A person seeking coverage from an vehicle: insurer, owner or operator of a vehicle (1) The Named Insured does not own; or described in Paragraph b. of the definition of "uninsured motor vehicle" must also (2) Owned by the Named Insured or, if the promptly notify us in writing of a tentative Named Insured is an individual, any"family settlement between the "insured" and the member", that is not a covered "auto" for insurer and allow us to advance payment Uninsured Motorists Coverage under this to that"insured" in an amount equal to the coverage form; tentative settlement within 30 days after shall be excess over any other collectible unin- receipt of notification to preserve our sured motorists insurance providing coverage rights against the insurer, owner or opera- on a primary basis. for of such vehicle. c. If the coverage under this coverage form is 3. Transfer Of Rights Of Recovery Against provided: Others To Us is changed as follows: (1) On a primary basis, we will pay only our a. If we make any payment on the Named share of the loss that must be paid under Insured's behalf, we are entitled to insurance providing coverage on a primary recover what we paid from other parties. basis. Our share is the proportion that our The Named Insured must transfer rights limit of liability bears to the total of all of recovery against others to us. The applicable limits of liability for coverage on Named Insured must do everything nec- a primary basis. essary to secure these rights and do (2) On an excess basis, we will pay only our nothing to jeopardize them. share of the loss that must be paid under However, our rights under this paragraph insurance providing coverage on an do not apply with respect to vehicles excess basis. Our share is the proportion described in Paragraphs FA.a., c. and d. that our limit of liability bears to the total of of the definition of "uninsured motor vehi- all applicable limits of liability for coverage cle". For these vehicles, if we make any on an excess basis. payment and the Named Insured recovers from another party, that Named Insured 2. Duties In The Event Of Accident, Claim, Suit Or must hold the proceeds in trust for us and Loss is changed by adding the following: pay us back the amounts we have paid. a. Promptly notify the police if a hit-and-run driver b. Our rights do not apply under this provi- is involved. sion with respect to damages caused by b. Promptly send us copies of the legal papers if an "accident" with a vehicle described in a "suit" is brought. A "suit" may not be brought Paragraph b. of the definition of "unin- against anyone legally responsible for the use sured motor vehicle" if we: of any "auto" involved in the "accident" until 60 (1) Have been given prompt written days after an "insured" notifies us or our agent notice of a tentative settlement of his or her belief that the prospective defen- between an "insured" and the insurer dant is an uninsured motorist. of a vehicle described in Paragraph b. c. Any person who intends to pursue recovery of the definition of "uninsured motor against the owner or operator of an "uninsured vehicle"; and motor vehicle", as described in Paragraph b.of (2) Fail to advance payment to the "in- the definition of "uninsured motor vehicle", for sured" in an amount equal to the damages beyond those paid or payable under tentative settlement within 30 days this policy shall give us: after receipt of notification. (1) Notice of such intent; and If we advance payment to the "insured" in (2) The opportunity to participate, at our an amount equal to the tentative settle- expense, in the prosecution of such claim. ment within 30 days after receipt of notifi- cation: (1) That payment will be separate from any amount the "insured" is entitled to recover under the provisions of Underinsured Motor Vehicle Cover- age; and (2) We also have a right to recover the advanced payment. Copyright, Insurance Services Office, Inc., 2009 CA 21 16 0410 Page 3 of 4 INSURED'S COPY