Orange County NC Website
CA 83 63 03 23 Includes material copyrighted by Insurance Services Office, Inc., with <br />its permission <br />Page 5 of 9 <br />I. Physical Damage Coverage Extensions – Transportation Expenses <br />Section III - Physical Damage Coverage, Paragraph A.4.a. is deleted in its entirety and replaced with the <br />following: <br />a. Transportation Expenses <br />We will pay up to $100 per day to a maximum of $3,000 for temporary transportation expense incurred by <br />you because of “loss” to a covered “auto”. We will pay only for those covered “autos” for which you carry <br />either Comprehensive or Specified Causes of Loss Coverage. We will pay for temporary transportation <br />expenses incurred until the covered “auto” is returned to use or we pay for its “loss,” regardless of the policy's <br />expiration. <br />We will pay under this Coverage Extension only that amount of Transportation Expenses which is not already <br />provided under Paragraph O. Rental Reimbursement Coverage Extension of this endorsement. <br />J. Hired Auto Physical Damage Coverage <br />Section III - Physical Damage Coverage, Paragraph A.4. is amended to add the following: <br />c. Hired Auto Physical Damage Coverage <br />If Comprehensive Coverage, Specified Causes of Loss or Collision Coverage is shown in the Declarations <br />for any covered “auto”, then the same type of Physical Damage Coverage is provided for any Hired Auto, <br />subject to the following: <br />(1) The most we will pay for any one “accident” or “loss” is the lesser of: <br />(a) The actual cash value of the covered “auto” at the time of the “loss”; or <br />(b) The actual cost to repair or replace such covered “auto” at the time of the “loss”. <br />(2) The Limit of Insurance as determined under Paragraph 1. above, will be reduced by any applicable <br />Comprehensive or Collision deductible for each covered “auto”. This deductible will be equal to the <br />largest deductible applicable under any coverage for such covered “auto”. No deductible applies to “loss” <br />caused by fire or lightning. <br />(3) The coverage provided by this Coverage Extension will be excess over any other collectible insurance. <br />(4) Subject to Paragraphs 1., 2., and 3. above, we will provide the broadest coverage applicable to any <br />covered “auto” shown in the Declarations. <br />(5) For coverage provided under this coverage extension, the last sentence of Paragraph A.4.b. of Section <br />III – Physical Damage Coverage, is deleted and replaced with the following: <br />However, the most we will pay for any expenses for loss of use is $100 per day, to a maximum of $3,000 <br />per “accident” if loss of use results from an “accident” for which you are legally liable and the lessor incurs <br />a financial loss. <br />26