Orange County NC Website
DocuSign Envelope ID: E5CFB54D-45A2-4A52-A7A0-8998D2AA66F6 <br /> c. The market value of your damaged vehicle, not W. WAIVER OF TRANSFER OF RIGHTS OF <br /> including any furnishings, parts, or equipment not RECOVERY <br /> installed by the manufacturer or their dealership. Subparagraph S.of paragraph A. Loss Conditions of <br /> We will not pay for initiation or set up costs associated SECTION IV BUSINESS AUTO CONDITIONS is <br /> with a loans or leases. deleted in its entirety and replaced with the folloWng. <br /> For the purposes of this coverage extension a new S. Transfer of Rights of Recovery Against <br /> covered auto is defined as an "auto"of which you are Others to Us <br /> the original owner that has not been previously titled If any person or organization to or for whom we <br /> which you purchased less than 180 days prior to the make payment under this Coverage Form has <br /> date of loss. rights to recover damages from another, those <br /> T. LOSS TO TWO OR MORE COVERED AUTOS rights are transferred to us. That person or <br /> FROM ONE ACCIDENT organization must do everything necessary to <br /> SECTION III — PHYSICAL DAMAGE COVERAGE, secure our rights and must do nothing after <br /> D.Deductible is amended by adding the following, 1.accident"or"loss"to impair them. <br /> If a Comprehensive, Specified Causes of Loss or However, we waive any right of recovery we <br /> Collision Coverage"loss"from one"accident' involves may have against any person, or organization <br /> two or more covered "autos", only the highest with whom you have a written contract, <br /> deductible applicable to those coverages will be agreement or permit executed prior to the <br /> applied to the"accident". "loss" that requires a waiver of recovery for <br /> This provision only applies if you carry payments made for damages arising out of <br /> Comprehensive, Collision or Specified Causes of your operations done under contract with such <br /> Loss Coverage for those vehicles, and does not person or organization, <br /> extend coverage to any covered"autos"for which you X. UNINTENTIONAL FAILURE TO DISCLOSE <br /> do not carry such coverage, EXPOSURES <br /> U. WAIVER OF DEDUCTIBLE — GLASS REPAIR OR SECTION IV — BUSINESS AUTO CONDITIONS, <br /> REPLACEMENT 8.2. Concealment, Misrepresentation, or Fraud <br /> SECTION III — PHYSICAL DAMAGE COVERAGE, is amended by adding the following: <br /> D. Deductible is amended by adding the following: If you unintentionally fail to disclose any exposures <br /> If a Comprehensive Coverage deductible is shown in existing at the inception date of this policy, we will <br /> the Declarations it does not apply to the cost of not deny coverage under this Coverage Part solely <br /> repairing or replacing damaged glass. because of such failure to disclose. However, this <br /> V. DUTIES IN THE EVENT OF ACCIDENT, CLAIM, provision does not affect our right to collect <br /> SUIT,OR LOSS additional premium or exercise our right of <br /> cancellation or non-renewal. <br /> SECTION IV — BUSINESS AUTO CONDITIONS, Y. MENTAL ANGUIISH <br /> A.2. Duties in the Event of Accident, Claim, Suit or <br /> Loss is amended by adding the following: SECTION! V— DEFINITIONS, C. is replaced by the <br /> d. Your obligation to notify us promptly of an following: <br /> "accident", claim, "suit" or "loss" is satisfied if you "Bodily injury" means bodily injury, sickness or <br /> send us the required notice as soon as disease sustained by a person, including mental <br /> practicable after your Insurance Administrator or anguish or death resulting from bodily injury, <br /> anyone else designated by you to be responsible sickness or disease. <br /> for insurance matters is notified, or in any manner Z. LIBERALIZATION <br /> made aware, of an "accident", claim, "Suit" or <br /> "loss". If we revise this endorsement to provide greater <br /> coverage without additional premium charge, we <br /> will automatically provide the additional coverage to <br /> all endorsement holders as of the day the revision <br /> is effective in your state, <br /> CA7450(7-14) Includes copyrighted material of ISO Properties,Inc.with its permission. Page 4 of 4 <br />