2019-496-E AMS - Muter Construction Seymour Center expansion

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DocuSign Envelope ID: 12DCC4E1-4D61-4DOE-A2A2-7C6E689613AC removable from a housing unit that is perma- 4. Your members, managers or insurance manager, if nently installed in the covered "auto" at the time you are a limited liability company; of the"loss"; 5. Your elected or appointed officials, trustees, board c. Designed to be solely operated by use of power members or your insurance manager, if you are an from the"auto's"electrical system; or organization other than a partnership, joint venture d. Designed to be used solely in or upon the or limited liability company. covered "auto". But, this section does not amend the provisions relating For each covered "loss"to such equipment, a deductible to notification of police or protection or examination of of$50 shall apply, unless the deductible otherwise appli- the property that was subject to the"loss". cable to such equipment is less than $50, at which point WAIVER OF SUBROGATION the lower deductible, if any, will apply. SECTION IV, A.S. - Transfer Of Rights Of Recovery COMPREHENSIVE DEDUCTIBLE - LOCATION Against Others To Us is deleted in its entirety and TRACKING DEVICE replaced with the following: The following is added to SECTION III, D.- Deductible: We waive any right of recovery we may have against Any Comprehensive Coverage Deductible shown in the any person or organization because of payments we Declarations will be reduced by 50% for any "loss" make for "bodily injury" or "property damage" resulting caused by theft if the covered "auto" is equipped with a from the ownership, maintenance or use of a covered location tracking device and that device was the sole "auto" but only when you have assumed liability for such method used to recover the"auto". "bodily injury" or "property damage" in an "insured con- PHYSICAL DAMAGE LIMIT OF INSURANCE tract". In all other circumstances, if a person or organiza- tion to or for whom we make payment under this Cover- SECTION III, C. - Limit Of Insurance is deleted in its age Form has rights to recover damages from another, entirety and replaced with the following: those rights are transferred to us. The most we will pay for a "loss" in any one "accident" is MULTIPLE DEDUCTIBLES the lesser of: The following is added to SECTION IV, A. - Loss 1. The actual cash value of the damaged or stolen Conditions: property as of the time of the "loss";or If a "loss" from one event involves two or more covered 2. The cost of repairing or replacing the damaged or "autos"and coverage under Comprehensive or Specified stolen property with other property of like kind and Causes of Loss applies, only the highest applicable quality. deductible will be applied. This coverage extension does not apply to Emergency CONCEALMENT, MISREPRESENTATION OR FRAUD Services Organizations and Governmental Entities. The following is added to SECTION IV, B.2. - Conceal- AMENDMENTS TO SECTION IV - BUSINESS AUTO ment, Misrepresentation Or Fraud: CONDITIONS If you should unintentionally fail to disclose any existing DUTIES IN THE EVENT OF ACCIDENT, CLAIM, SUIT hazards in your representations to us prior to the incep- OR LOSS tion date of the policy or during the policy period in The following is added to SECTION IV, A.2.a. - Duties connection with any newly discovered hazards, we will In The Event Of Accident, Claim, Suit Or Loss: not deny coverage under this Coverage Form based upon such failure. The notice requirements for reporting "accident" claim, POLICY PERIOD, COVERAGE TERRITORY "suit" or "loss" information to us, including provisions related to the subsequent investigation of such "acci- SECTION IV, B.7. - Policy Period, Coverage Territory dent", claim, "suit" or "loss" do not apply until the "acci- is deleted in its entirety and replaced with the following: dent", claim, "suit"or"loss" is known to: Under this Coverage Form, we cover "accidents" and 1. You, if you are an individual; "losses"occurring: 2. A partner, if you are a partnership; a. During the policy period shown in the Declarations; 3. An executive officer or insurance manager, if you and are a corporation; b. Within the"Coverage Territory". We also cover "loss" to or "accidents" involving a cov- ered "auto" while being transported between any of these places. Copyright, 2015 Selective Insurance Company of America.All rights reserved. CA 78 09NC 01 16 Includes copyrighted material of Insurance Services Office, Inc., with its permission. Page 4 of 5 INSURED'S COPY