Orange County NC Website
Browse       Search
DocuSign Envelope ID: 1AC635AA-EA4F-4955-BBE2-8A60C54AC4F9 <br /> PBYN irvsuoNAL a Policy#AX9 0727704 <br /> MUILMcWa M10JW9*CKOft <br /> 1�VatkrW tau"Hs mr a[artpsn <br /> R4.Eb nm <br /> IWmup.PIS 17im- i <br /> THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. <br /> BUSINESS AUTO PENNPAC PLUS ENDORSEMENT <br /> This endorsement modifies insurance provided under the following: <br /> BUSINESS AUTO COVERAGE FORM <br /> I. Broad Form Named Insured This insurance does not apply unless the written <br /> contract or agreement has been executed or the <br /> The following is added to Section II - Liability permit has been issued prior to the "bodily injury"or <br /> Coverage paragraph A.1.-Who Is An Insured: "property damage". <br /> d.(1) Any organization or subsidiary thereof which is This insurance does not apply to the owner or any <br /> a legally incorporated entity of which you own one else from whom you hire or borrow a covered <br /> a financial interest of more than 50 percent of "auto'. <br /> the voting stock on the effective date of this <br /> endorsement. III. Personal Effects Coverage <br /> (2) Paragraph I.d.(1) does not apply to "accident" The following is added to Section III - Physical <br /> or "loss" with respect to which an "insured" Damage Coverage paragraph A.-Coverage: <br /> under this policy is also an "insured" under 5. We will pay up to $400 for loss to wearing <br /> another policy or would be an "insured" under apparel and other personal effects which are: <br /> such policy but for its termination or upon the <br /> exhaustion of its limits of insurance. a. owned by an"insured";and <br /> b. in or on your covered"auto'. <br /> (3) Paragraph I.d.(2) does not apply to a policy <br /> written to apply specifically in excess of this This coverage applies only in the event of a total <br /> policy. theft of your covered"auto'. <br /> e.(1) Any organization you newly acquire or form, No deductibles apply to this coverage. <br /> other than a partnership,joint venture or limited <br /> liability company and over which you maintain IV. Towing and Labor Coverage <br /> ownership or majority interest,will qualify as a <br /> Named Insured if there is no other similar Section III — Physical Damage Coverage, Paragraph <br /> insurance available to that organization. A.2.is deleted and replaced with the following: <br /> (2) Coverage under paragraph Le.(1) is afforded 2. We will pay $75 plus the amount shown in the <br /> only until the 180th day after you acquire or Declarations for towing and labor costs incurred <br /> form the organization or the end of the policy each time a covered "auto' of the private <br /> period,whichever is earlier. Coverage does not passenger type is disabled. However, the labor <br /> apply to an "accident' or "loss" that results must be performed at the place of disablement. <br /> from an "accident' that occurred before you <br /> acquired or formed the organization. V. Rental Reimbursement <br /> II. Blanket Additional Insured Section III—Physical Damage Coverage is amended <br /> by adding the following: <br /> Any person or organization, with whom you agree in <br /> a written contract,agreement or permit,to name as an We will pay for rental reimbursement expenses <br /> insured for Liability Coverage is an "insured", but incurred by you for the rental of an"auto'because of <br /> only to the extent that person or organization loss to a covered"auto'. Payment applies in addition <br /> qualifies as an "insured" under the Who Is An <br /> Insured provision contained in Section II of the <br /> Coverage Form. <br /> Includes copyrighted material of Insurance Services Office,Inc.,with its permission. <br /> 71 1281 0713 Copyright,Insurance Services Office,Inc.,1993,2001 Page 1 of 4 <br />