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28 <br /> HIRED AUTO PHYSICAL DAMAGE COVERAGE HIRED AUTO LOSS OF USE COVERAGE <br /> The following is added to SECTION III, AA, -Coverage The following is added to SECTION 111,AA. -Coverage <br /> Extensions: Extensions: <br /> Physical Damage coverage is hereby extended to apply We ,will pay expenses for which you are legally <br /> to Physical Damage "loss" to "autos" [eased, hired, responsible to pay up to the Limit of Insurance shown on <br /> rented or borrowed without a driver. We will provide the ElitePac Schedule per"accident" for loss of use of a <br /> coverage equal to the broadest coverage available to leased, hired, rented or borrowed "auto"if it results from <br /> any covered "auto" shown in the Declarations. But: the an "accident". <br /> most we will pay for "loss" to each "auto" under this This coverage extensioh does not apply to Emergency <br /> coverage extension is the lesser of: Services Organizations, Governmental Entities, and <br /> 1. The Limit of Insurance stated in the ElitePac Schools. <br /> Schedule;or AUTO LOANILEASE GAP COVERAGE(Not Available <br /> 2. The actual cash value of the damaged or stolen in New York) <br /> property as of the time of the"loss';or The following is added to SECTION 111,A4. -Coverage <br /> 3. The actual cost of repairing or replacing the Extensions: <br /> damaged or stolen properly with other property of In the event of a total "loss"to a covered "auto" we will <br /> like kind and quality.A part is of like kind and quality pay any unpaid amount due on the lease or loan for a <br /> when it is of equal or better condition than the covered"auto",less: <br /> pre-accident part. We will use the original 1. The amount paid under the Physical Damage <br /> co equipment from the manufacturer when: <br /> Coverage Section of the policy; and <br /> (a) The operational safety of the vehicle might 2 Any <br /> otherwise be impaired; <br /> a. Overdue leasefloan payments at the time of <br /> (b) Reasonable and diligent efforts to locate the loss"; <br /> N appropriate rebuilt, aftermarket or used part <br /> a have been unsuccessful,or b. Financial penalties imposed under a lease for <br /> excessive use, abnormal wear and tear, high <br /> a (c) A new original equipment part of like kind mileage or similar charges; <br /> and quality is available and will result in the <br /> lowest overall repair cost. c. Security deposits not refunded by the lessor or <br /> For each leased, hired, rented or borrowed "auto" our financial institution; <br /> obligation to pay"losses"will be reduced by a deductible d. Costs for extended warranties,credit life, health, <br /> equal to the highest deductible applicable to any owned accident, or disability insurance purchased with <br /> "auto"for that coverage. No deductible will be applied to the loan or lease;and <br /> "losses" caused by fire or lightning. e. Carry-over balances from previous leases or <br /> SECTION IV, B. 5. Other Insurance Condition, loans. <br /> Paragraph 5.b. is deleted in its entirety and replaced by You are responsible for the deductible applicable to the <br /> the following'. "loss"for the covered"auto". <br /> For Hired Auto Physical Damage Coverage, the PERSONAL EFFECTS <br /> following are deemed to be covered"autos'"you own: The following is added to SECTION III,A.4. -Coverage <br /> 1. Any covered "auto" you lease, hire, rent, or borrow; Extensions: <br /> and if this policy provides Comprehensive Coverage for a <br /> 2. Any covered "auto" hired or rented by your covered "auto" you own and that covered "auto" is <br /> "employee" under a contract or agreement in that stolen,we will pay up to the Limit of Insurance shown on <br /> "employee's" name, with your permission, while the ElitePac Schedule, without application of a <br /> performing duties related to the conduct of your deductible, for lost personal effects that were in the <br /> business_ covered "auto" at the time of theft. Personal effects do <br /> However, any "auto" that is [eased, hired, rented or not include jewelry, tools, money, securities or valuable <br /> borrowed with a driver is not a covered"auto". papers. This coverage is excess over any other <br /> This coverage extension does not apply to Emergency collectible insurance. <br /> Services Organizations and Governmental Entities. AIRBAG COVERAGE <br /> The following is added to SECTION III, 13.3.a. - <br /> Exclusions: <br /> Mechanical breakdown does not include the accidental <br /> discharge of an airbag. <br /> This coverage extension does not apply to Emergency <br /> Serv[ees Organizations and Governmental Entities. <br /> Copyright, 2017 Selective insurance Company of America. All rights reserved. CA 78 09NC 11 17 <br /> Includes copyrighted material of Insurance Services Office, Inc.,with its permission. Page 3 of 5 <br /> INSUREDS COPY <br />