City Council

5. HIRED AUTO PHYSICAL DAMAGE COVERAGE termination fees; security deposits not returned by If hired " autos" are covered " autos" for Liability the lessor; costs for extended warranties, credit Coverage and if Comprehensive, Specified life Insurance, health, accident or disability Causes of Loss, or Collision coverages are insurance purchased with the loan or lease; and provided under this Coverage Form for any " auto" over carry- balances from previous loans or you own, then the Physical Damage Coverages leases. provided are extended to " autos" you hire or 8. AIRBAG COVERAGE borrow, subject to the following limit. Under Paragraph B. EXCLUSIONS - of SECTION The most we will pay for " loss"to any hired " auto" III - PHYSICAL DAMAGE the COVERAGE, is: following is added: 1) $100, 000; The exclusion relating to mechanical breakdown 2) The actual cash value of the damaged or does not apply to the accidental discharge of an stolen property at the time of the " loss"; or airbag. 3) The cost of repairing or replacing the 9. ELECTRONIC EQUIPMENT - BROADENED damaged or stolen property, COVERAGE whichever is smallest, minus a deductible. The a. The exceptions to Paragraphs 4 - B. deductible will be equal to the largest deductible EXCLUSIONS - of SECTION III - PHYSICAL applicable to any owned " auto" for that coverage. DAMAGE COVERAGE are replaced by the No deductible applies to " loss" caused by fire or following: lightning. Hired Auto Physical Damage coverage Exclusions c. and 4. d. do 4. not apply to is excess over any other collectible insurance. equipment designed to be operated solely by Subject to the above limit, deductible and excess use of the power from the " s" auto' electrical provisions, we will provide coverage equal to the system that, at the time of " loss",is: broadest coverage applicable to any covered auto" you own. 1) Permanently installed in or upon the covered " auto"; We will also cover loss of use of the hired " auto" if 2) Removable from a housing unit which is it results from an " accident", you are legally liable permanently installed in or upon the and the lessor incurs an actual financial loss, covered " auto"; subject to a maximum of $ 1000 per " accident". Thisextension of coverage does not apply to any 3) An integral part of the same unit housing auto" you hire or borrow from any of your any electronic equipment described in employees", partners ( if you are a partnership), Paragraphs ( 1)and ( 2)above; or members ( if you are a limited liability company), 4) Necessary for the normal operation of the or members of their households. covered " auto" or the monitoring of the DAMAGE - ADDITIONAL covered " auto' s" operating system.