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Business Auto Policy <br />Policy Endorsement <br />F. <br />c. <br />d. <br />G. <br />a. <br />b. <br />c. <br />d. <br />(1) <br />(2) <br />III. <br />1. <br />a. <br />b. <br />(1) <br />(2) <br />2. <br />IV. <br />A. <br />Electronic Equipment <br />Section III, Paragraphs B.4.c and B.4.d. are deleted and replaced by the following: <br />Physical Damage Coverage on a covered auto also applies to loss to any permanently installed <br />electronic equipment including its antennas and other accessories <br />A $100 per occurrence deductible applies to the coverage provided by this provision. <br />Diminution In Value <br />The following is added to Section III, Paragraph B.6.: <br />Subject to the following, the diminution in value exclusion does not apply to: <br />Any covered auto of the private passenger type you lease, hire, rent or borrow, without a driver <br />for a period of 30 days or less, while performing duties related to the conduct of your business; <br />and <br />Any covered auto of the private passenger type hired or rented by your employee without a <br />driver for a period of 30 days or less, under a contract in that individual employee's name, with <br />your permission, while performing duties related to the conduct of your business. <br />Such coverage as is provided by this provision is limited to a diminution in value loss arising <br />directly out of accidental damage and not as a result of the failure to make repairs; faulty or <br />incomplete maintenance or repairs; or the installation of substandard parts. <br />The most we will pay for loss to a covered auto in any one accident is the lesser of: <br />$5,000; or <br />20% of the auto's actual cash value (ACV). <br />Drive Other Car Coverage – Executive Officers <br />The following is added to Sections II and III: <br />Any auto you don't own, hire or borrow is a covered auto for Liability Coverage while being used by, <br />and for Physical Damage Coverage while in the care, custody or control of, any of your "executive <br />officers", except: <br />An auto owned by that "executive officer" or a member of that person's household; or <br />An auto used by that "executive officer" while working in a business of selling, servicing, repairing <br />or parking autos. <br />Such Liability and/or Physical Damage Coverage as is afforded by this provision. <br />Equal to the greatest of those coverages afforded any covered auto; and <br />Excess over any other collectible insurance. <br />For purposes of this provision, "executive officer" means a person holding any of the officer positions <br />created by your charter, constitution, by-laws or any other similar governing document, and, while a <br />resident of the same household, includes that person's spouse. <br />Such "executive officers" are insureds while using a covered auto described in this provision. <br />BUSINESS AUTO CONDITIONS <br />Duties In The Event Of Accident, Claim, Suit Or Loss <br />The following is added to Section IV, Paragraph A.2.a.: <br />Endorsement No: 13; Page: 3 of 4 <br />Underwriting Company: American Casualty Company of Reading, Pennsylvania, 151 N Franklin St, <br />Chicago, IL 60606 <br />Form No: CNA63359XX (04-2012) <br />Endorsement Effective Date: <br />Policy No: 6046131714 <br />Policy Effective Date: 03/30/2024 <br />Policy Page: 65 of 95 <br />Endorsement Expiration Date: <br />© Copyright CNA All Rights Reserved. Includes copyrighted material of the <br />Insurance Services Office, Inc., used with its permission. <br />Docusign Envelope ID: 9390D79C-9860-46F9-8091-F2EFF1771C6C