Orange County NC Website
Browse       Search
2. Amount necessary to repair or We will pay for rental reimbursement <br /> replace the property;or expenses incurred by you for the rental of <br /> an 'auto' because of 'loss' to a covered <br /> 3. $500. 'auto'. <br /> This coverage extension does not 1. Payment applies in addition to the <br /> apply to electronic equipment. otherwise applicable amount of <br /> P. PHYSICAL DAMAGE COVERAGE - saute.ge you have on the <br /> HIRED"AUTOS" <br /> 2. No deductible applies to this <br /> You may extend the Comprehensive, coverage. <br /> Specified Causes of Loss and Collision <br /> coverages provided on your owned 'autos' 3. We will pay only for those expenses <br /> to any'auto'you lease, rent, hire or borrow inured during the policy period <br /> from someone other than your employees or beginning 24 hours after the 'loss' <br /> partners or members of their households and ending, regardless of the <br /> subject to the following: expiration date of the policy,with the <br /> lesser of the following: <br /> 1. The most we will pay in any one <br /> 'loss' is the least of $50,000, the a. When the covered `auto' has <br /> actual cash value of the 'auto' or been repaired or replaced,or <br /> the cost to repair or replace the b. When the total amount paid <br /> 'auto', except that such amount will under this coverage extension <br /> be reduced by a deductible to be reaches$2,500. <br /> determined as follows: <br /> 4. Our payment is limited to the lesser <br /> a. The deductible shall be equal to of the following amounts: <br /> the amount of the largest <br /> deductible shown for any owned a. Necessary and actual expenses <br /> 'auto'for that coverage. incurred. <br /> b. No deductible will apply to'loss' b. Not more than$75 per day. <br /> caused by fire or lightning. <br /> 5. We will pay up to an additional$300 <br /> 2. Coverage provided under this for the reasonable and necessary <br /> extension will: expenses you incur to remove your <br /> materials and equipment from the <br /> a. Be excess over any other covered 'auto' and replace such <br /> collectible insurance; materials and equipment on the <br /> b. Pay, in addition to the limit set rental"auto'. <br /> forth in P.1. above, up to $500 <br /> per day, not to exceed $3,500 6. This coverage does not apply when <br /> per'lose for there are spare or reserve 'autos' <br /> available to you for your operations. <br /> (1) Any costs or fees <br /> associated with the'loss"to 7. If 'loss' from the total theft of a <br /> a hired'aute;and covered 'auto' of the 'private <br /> (2) Loss of use, provided it is passenger type', we will pay under <br /> the consequence of an this coverage only that amount of <br /> `accidents for which you are your rental reimbursement <br /> legally liable,and as a result expenses which is not already <br /> of which a monetary loss is provided for under the Physical <br /> sustained by the leasing or Damage Coverage Extension. <br /> rental concern. <br /> 0. RENTAL REIMBURSEMENT COVERAGE <br /> Page 4 of 6. includes Material Copyright Insurance Services Office, Inc. 1996 CL CA 00 0103 02 <br /> 1 - I J <br />