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Do <br />n <br />o <br />t <br /> <br />a <br />d <br />d <br /> <br />t <br />h <br />i <br />s <br /> <br />f <br />o <br />r <br />m <br /> <br />t <br />o <br /> <br />a <br /> <br />p <br />o <br />l <br />i <br />c <br />y <br />. <br /> <br />I <br />t <br /> <br />i <br />s <br /> <br />f <br />o <br />r <br /> <br />i <br />n <br />f <br />o <br />r <br />m <br />a <br />t <br />i <br />o <br />n <br />a <br />l <br /> <br />p <br />u <br />r <br />p <br />o <br />s <br />e <br />s <br /> <br />o <br />n <br />l <br />y <br />. <br />COMMERCIAL AUTO <br />K. AIRBAGS (2)Any: <br />The following is added to Paragraph B.3.,Exclu-(a)Overdue lease or loan payments at the <br />sions,ofSECTION III PHYSICAL DAMAGE time of the "loss"; <br />COVERAGE:(b)Financial penalties imposed under a <br />Exclusion 3.a.does not apply to "loss" to one or lease for excessive use, abnormal wear <br />more airbags in a covered "auto" you own that in-and tear or high mileage; <br />flate due to a cause other than a cause of "loss"(c)Security deposits not returned by the les-set forth in Paragraphs A.1.b.and A.1.c., but sor;only: <br />(d)Costs for extended warranties, Credit Lifea.If that "auto" is a covered "auto" for Compre-Insurance, Health, Accident or Disabilityhensive Coverage under this policy;Insurance purchased with the loan orb.The airbags are not covered under any war-lease; andranty; and (e)Carry-over balances from previous loansc.The airbags were not intentionally inflated.or leases. <br />We will pay up to a maximum of $1,000 for any M. BLANKET WAIVER OF SUBROGATIONone "loss". <br />The following replaces Paragraph A.5.,TransferL. AUTO LOAN LEASE GAP Of Rights Of Recovery Against Others To Us,The following is added to Paragraph A.4.,Cover-of SECTION IV BUSINESS AUTO CONDI-age Extensions,ofSECTION III PHYSICAL TIONS:DAMAGE COVERAGE:5. Transfer Of Rights Of Recovery AgainstAuto Loan Lease Gap Coverage for Private Others To UsPassenger Type Vehicles <br />We waive any right of recovery we may haveIn the event of a total "loss" to a covered "auto" of against any person or organization to the ex-the private passenger type shown in the Schedule tent required of you by a written contract exe-or Declarations for which Physical Damage Cov-cuted prior to any "accident" or "loss", pro-erage is provided, we will pay any unpaid amount <br />vided that the "accident" or "loss" arises out ofdue on the lease or loan for such covered "auto" <br />the operations contemplated by such con-less the following: <br />tract. The waiver applies only to the person or(1)The amount paid under the Physical Damage organization designated in such contract.Coverage Section of the policy for that "auto"; <br />and <br />CA T4 20 02 15 © 2015 The Travelers Indemnity Compa <br />ny. All rights reserved. <br />Page 3 of 3 <br />Includes copyrighted material of Insurance Services Office, Inc. with its permission. <br />76117791 | 23-24 GL-AL-UL-WC-PL | Sherry Young | 9/1/2023 1:28:17 PM (PST) | Page 6 of 7 <br />DocuSign Envelope ID: 3A632571-5721-4508-8A88-F0EF63D614A7