Laserfiche WebLink
Business Auto Policy <br />Policy <br />3. <br />a. <br />b. <br />4. <br />a. <br />b. <br />c. <br />5. <br />B. <br />1. <br />2. <br />a. <br />b. <br />c. <br />d. <br />3. <br />4. <br />Legal Action Against Us <br />No one may bring a legal action against us under this Coverage Form until: <br />There has been full compliance with all the terms of this Coverage Form; and <br />Under Covered Autos Liability Coverage, we agree in writing that the "insured" has an obligation to <br />pay or until the amount of that obligation has finally been determined by judgment after trial. No one <br />has the right under this policy to bring us into an action to determine the "insured's" liability. <br />Loss Payment – Physical Damage Coverages <br />At our option, we may: <br />Pay for, repair or replace damaged or stolen property; <br />Return the stolen property, at our expense. We will pay for any damage that results to the "auto " <br />from the theft; or <br />Take all or any part of the damaged or stolen property at an agreed or appraised value. <br />If we pay for the "loss", our payment will include the applicable sales tax for the damaged or stolen <br />property. <br />Transfer Of Rights Of Recovery Against Others To Us <br />If any person or organization to or for whom we make payment under this Coverage Form has rights to <br />recover damages from another, those rights are transferred to us. That person or organization must do <br />everything necessary to secure our rights and must do nothing after "accident" or "loss" to impair <br />them. <br />General Conditions <br />Bankruptcy <br />Bankruptcy or insolvency of the "insured" or the "insured's" estate will not relieve us of any obligations <br />under this Coverage Form. <br />Concealment, Misrepresentation Or Fraud <br />This Coverage Form is void in any case of fraud by you at any time as it relates to this Coverage Form. <br />It is also void if you or any other "insured", at any time, intentionally conceals or misrepresents a <br />material fact concerning: <br />This Coverage Form; <br />The covered "auto"; <br />Your interest in the covered "auto"; or <br />A claim under this Coverage Form. <br />Liberalization <br />If we revise this Coverage Form to provide more coverage without additional premium charge, your <br />policy will automatically provide the additional coverage as of the day the revision is effective in your <br />state. <br />No Benefit To Bailee – Physical Damage Coverages <br />We will not recognize any assignment or grant any coverage for the benefit of any person or <br />organization holding, storing or transporting property for a fee regardless of any other provision of this <br />Coverage Form. <br />Policy No: <br />Underwriting Company: <br />BUA 7013117645 <br />Policy ; Page: 11 of 16 <br />Policy Page: 29 of 59National Fire Insurance Company of Hartford, 151 N Franklin St, Chicago, IL <br />60606 <br />Policy Effective Date: 03/01/2024 <br />Form No: CA 00 01 10 13 <br />© Copyright Insurance Services Office, Inc., 2012 <br />DocuSign Envelope ID: DBA61E0D-FB96-4F3C-AE20-C4D7982C06BE