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DocuSign Envelope ID: 531A624F -5F3E- 4968- AE71- AC91280DFFCE <br />COMMERCIAL AUTO <br />THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. <br />COMMERCIAL AUTO ELITE AMENDMENT <br />This endorsement modifies insurance provided under the following: <br />BUSINESS AUTO COVERAGE FORM <br />The BUSINESS AUTO COVERAGE FORM is amended to include the following clarifications and extensions of <br />coverage. With respect to coverage provided by this endorsement, the provisions of the Coverage Form apply unless <br />modified by the endorsement. <br />A. TEMPORARY SUBSTITUTE AUTO PHYSICAL (1) Coverage under this provision is afforded <br />DAMAGE only up to 180 days after you acquire or <br />SECTION I — COVERED AUTOS paragraph C. form the organization, or to the end of the <br />Certain Trailers, Mobile Equipment, and policy period, whichever is earlier. <br />Temporary Substitute Autos is amended by (2) Any organization you acquire or form will <br />adding the following: not be considered an "insured" if: <br />If PHYSICAL DAMAGE COVERAGE is provided <br />by this coverage form for an "auto" you own, the <br />Physical Damage Coverages provided for that <br />owned "auto" are extended to any "auto" you do not <br />own while used with the permission of its owner as <br />a temporary substitute for the covered "auto" you <br />own that is out of service because of breakdown, <br />repair, servicing, "loss" or destruction. <br />The coverage provided is the same as the <br />coverage provided for the vehicle being replaced. <br />B. BLANKET ADDITIONAL INSURED <br />SECTION II — LIABILITY COVERAGE, A.I. Who <br />Is An Insured is amended by adding the following: <br />Any person or organization who is a party to a <br />written agreement or contract with you in which you <br />agree to provide the type of insurance afforded <br />under this Business Auto Coverage Form. <br />This provision applies to claims for "bodily injury" or <br />"property damage" which occur after the execution <br />of any written agreement or contract. <br />C. EMPLOYEES AS INSUREDS <br />The following is added to the Section II — <br />LIABILITY COVERAGE, Paragraph A.1. Who Is <br />An Insured Provision: <br />Any "employee" of yours is an "insured" while using <br />a covered "auto" you don't own, hire or borrow in <br />your business or your personal affairs. <br />D. NEWLY FORMED OR ACQUIRED <br />ORGANIZATIONS <br />(a) The organization is a partnership or a <br />joint venture; or <br />(b) That organization is covered under <br />other similar insurance. <br />(3) Coverage under this provision does not <br />apply to any claim for "bodily injury" or <br />"property damage" resulting from an <br />"accident" that occurred before you formed <br />or acquired the organization. <br />E. SUBSIDIARIES AS INSUREDS <br />SECTION II — LIABILITY COVERAGE, A.I. Who <br />Is An Insured is amended by adding the following: <br />Any legally incorporated subsidiary in which you <br />own more than 50% of the voting stock on the <br />effective date of this policy. However, "insured" <br />does not include any subsidiary that is an "insured" <br />under any other automobile liability policy or was an <br />"Insured" under such a policy but for termination of <br />that policy or the exhaustion of the policy's limits of <br />liability. <br />F. COVERAGE EXTENSIONS — SUPPLEMENTARY <br />PAYMENTS <br />SECTION II — LIABILITY COVERAGE, A.2.a. <br />Coverage Extensions, Supplementary Payments <br />(2) and (4) are replaced by the following: <br />(2) Up to $5,000 for the cost of bail bonds <br />(including bonds for related traffic law <br />violations) required because of an "accident" <br />we cover. We do not have to furnish these <br />bonds. <br />SECTION II — LIABILITY COVERAGE, A.I. Who <br />Is An Insured is amended by adding the following: (4) All reasonable expenses incurred the <br />insured" at our request, including actual l loss of <br />Any organization which you acquire or form after earnings up to $500 a day because of time off <br />the effective date of this policy in which you from work. <br />maintain ownership or majority interest. However: <br />CA7450(7 -14) Includes copyrighted material of ISO Properties, Inc. with its permission. Page 1 of 4 <br />