Orange County NC Website
Includes copyrighted material of Insurance Services Office, Inc., <br />with its permission <br />described in <br />. <br />The paragraph immediately after <br />Subparagraph of Paragraph <br />of <br />is deleted and replaced by the <br />following: <br />Paragraphs ,and of this exclusion <br />do not apply to "property damage" (other than <br />damage by fire, lightning, explosion, "smoke", <br />or leakage from automatic fire protective <br />systems) to premises, including the contents <br />of such premises, rented to you for a period of <br />seven or fewer consecutive days. A separate <br />limit of insurance applies to Damage To <br />Premises Rented To You as described in <br />. <br />Paragraph of <br />is deleted and replaced by the <br />following: <br />Subject to Paragraph above, the <br />greater of: <br />$300,000; or <br />The Damage To Premises Rented To <br />You Limit shown in the Declarations, <br />is the most we will pay under <br />for damages because of "property <br />damage" to premises while rented to you, <br />or in the case of damage by fire, lightning, <br />explosion, "smoke", or leakage from <br />automatic fire protective systems, while <br />rented to you or temporarily occupied by <br />you with permission of the owner. <br />This limit will apply to all damage <br />proximately caused by the same event, <br />whether such damage results from fire, <br />lightning, explosion, "smoke", leakage <br />from automatic fire protective systems, or <br />other covered causes of loss or any <br />combination thereof. <br />Subparagraph of Paragraph <br />of <br />is deleted and <br />replaced by the following: <br />That is fire, lightning, explosion, <br />"smoke" or leakage from automatic <br />fire protective systems insurance for <br />premises rented to you or temporarily <br />occupied by you with permission of <br />the owner; <br />Subparagraph of definition "Insured <br />contract" of is deleted <br />and replaced by the following: <br />A contract for a lease of premises. <br />However, that portion of the contract for a <br />lease of premises that indemnifies any <br />person or organization for damage by fire, <br />lightning, explosion, "smoke" or leakage <br />from automatic fire protective systems to <br />premises while rented to you or <br />temporarily occupied by you with <br />permission of the owner is not an "insured <br />contract". <br />As used in this Provision <br />: <br />"Smoke" does not include smoke from <br />agricultural smudging, industrial operations or <br />"hostile fire". <br />The Medical Expense Limit is changed, subject to <br />the terms of , to <br />the Medical Expense Limit shown in the <br />Declarations. <br />Paragraph of <br />is deleted and replaced by the following: <br />Any organization you newly acquire or form, <br />other than a joint venture, and over which you <br />maintain ownership or: <br />Majority interest of more than 50% if you <br />are a corporation; <br />Majority interest of more than 50% as a <br />general partner of a newly acquired or <br />formed partnership; and/or <br />Majority interest of more than 50% as an <br />owner of a newly acquired or formed <br />limited liability company; <br />will qualify as a Named Insured if there is no <br />other similar insurance available to that <br />organization. However, for these <br />organizations: <br />Coverage under this provision is afforded <br />only until the next anniversary date of this <br />policy’s effective date after you acquire or <br />form the organization, partnership or <br />limited liability company, or the end of the <br />policy period, whichever is earlier; <br />does not <br />apply to "bodily injury" or "property <br />damage" that occurred before you <br />Docusign Envelope ID: 514EC1E0-3B72-8741-810A-AE00287DD37F