Orange County NC Website
DocuSign Envelope ID:2E150770-7335-4B4E-BDA7-47D76E2FC4C6 <br /> COMMERCIAL GENERAL LIABILITY <br /> CGL 088 (10 13) <br /> (7) Costs of warehouse or storage space; or <br /> (8) Costs of proper disposal of"your products", or products that contain "your products", that cannot <br /> be reused, not exceeding your purchase price or your cost to produce the products; but"product <br /> withdrawal expenses" does not include costs of the replacement, repair or redesign of"your <br /> product", or the costs of regaining your market share, goodwill, revenue or profit. <br /> e. "Seller" means a person or organization that manufactures, sells or distributes goods or products. <br /> "Seller" does not include a"contractor" as defined elsewhere in this endorsement. <br /> The insurance under COVERAGE F does not apply if a loss is paid under COVERAGE G. <br /> COVERAGE G. CONTRACTORS ERRORS AND OMISSIONS <br /> 1. Insuring ,Agreement <br /> If you are a"contractor", we will pay those sums that you become legally obligated to pay as damages <br /> because of"property damage"to"your product", "your work"or"impaired property", due to faulty <br /> workmanship, material or design, or products including consequential loss, to which this insurance <br /> applies. The damages must have resulted from your negligent act, error or omission while acting in your <br /> business capacity as a contractor or subcontractor or from a defect in material or a product sold or <br /> installed by you while acting in this capacity. The amount we will pay for damages is described in <br /> SECTION III LIMITS OF INSURANCE. <br /> We have no duty to investigate or defend claims or"suits" covered by this Contractors Errors or <br /> Omissions coverage. <br /> This coverage applies only if the"property damage" occurs in the "coverage territory" during the policy <br /> period. <br /> This coverage does not apply to additional insureds, if any. <br /> Supplementary payments—Coverage A and B do not apply to Coverage G. Contractors Errors and <br /> Omissions. <br /> 2. Exclusions <br /> This insurance does not apply to: <br /> a. "Bodily injury" or"personal and advertising injury". <br /> b. Liability or penalties arising from a delay or failure to complete a contract or project, or to complete a <br /> contract or project on time. <br /> c. Liability because of an error or omission: <br /> (1) In the preparation of estimates or job costs; <br /> (2) Where cost estimates are exceeded; <br /> (3) In the preparation of estimates of profit or return on capital; <br /> (4) In advising or failure to advise on financing of the work or project; or <br /> (5) In advising or failing to advise on any legal work, title checks, form of insurance or suretyship. <br /> CGt_088(10 13) Includes copyrighted material of the Insurance Services Office, Inc.,with its permission. Page 7 of 16 <br /> Copyright 2013 FCCI Insurance Group <br />