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44 <br />10 <br />2 <br />of <br />2021 Liberty Mutual Insurance <br />AC 85 43 08 21 Page 3 of 7IncludescopyrightedmaterialofInsuranceServicesOffice,Inc.,with its permission. <br />a.You hire,rent or borrow;or <br />b.Your "employee"hires or rents under a written contract or agreement in that "employee’s"name, <br />but only if the damage occurs while the vehicle is being used in the conduct of your business, <br />subject to the following limit and deductible: <br />a.The most we will pay for "loss"in any one "accident"or "loss"is the smallest of: <br />(1)$50,000;or <br />(2)The actual cash value of the damaged or stolen property as of the time of the "loss";or <br />(3)The cost of repairing or replacing the damaged or stolen property with other property of like <br />kind and quality,minus a deductible. <br />b.The deductible will be equal to the largest deductible applicable to any owned "auto"for that <br />coverage. <br />c.Subject to the limit,deductible and excess provisions described in this provision,we will provide <br />coverage equal to the broadest coverage applicable to any covered "auto"you own. <br />d.Subject to a maximum of $1,000 per "accident",we will also cover the actual loss of use of the <br />hired "auto"if it results from an "accident",you are legally liable and the lessor incurs an actual <br />financial loss. <br />e.This coverage extension does not apply to: <br />(1)Any "auto"that is hired,rented or borrowed with a driver;or <br />(2)Any "auto"that is hired,rented or borrowed from your "employee"or any member of your <br />"employee’s"household. <br />Coverage provided under this extension is excess over any other collectible insurance available at the <br />time of "loss". <br />7.TOWING AND LABOR <br />SECTION III -PHYSICAL DAMAGE COVERAGE ,Paragraph A.2.Towing ,is amended by the addition of <br />the following: <br />We will pay towing and labor costs incurred,up to the limits shown below,each time a covered "auto" <br />classified and rated as a private passenger type,"light truck"or "medium truck"is disabled: <br />a.For private passenger type vehicles,we will pay up to $75 per disablement. <br />b.For "light trucks",we will pay up to $75 per disablement."Light trucks"are trucks that have a gross <br />vehicle weight (GVW)of 10,000 pounds or less. <br />c.For "medium trucks",we will pay up to $150 per disablement."Medium trucks"are trucks that <br />have a gross vehicle weight (GVW)of 10,001 -20,000 pounds. <br />However,the labor must be performed at the place of disablement. <br />8.PHYSICAL DAMAGE -ADDITIONAL TRANSPORTATION EXPENSE COVERAGE <br />Paragraph A.4.a.Coverage Extensions,Transportation Expenses of SECTION III -PHYSICAL DAMAGE <br />COVERAGE ,is amended to provide a limit of $50 per day and a maximum limit of $1,500. <br />9.RENTAL REIMBURSEMENT <br />SECTION III -PHYSICAL DAMAGE COVERAGE,A.Coverage ,is amended by adding the following: <br />a.We will pay up to $75 per day for rental reimbursement expenses incurred by you for the rental of <br />an "auto"because of "accident"or "loss",to an "auto"for which we also pay a "loss"under <br />Comprehensive,Specified Causes of Loss or Collision Coverages.We will pay only for those ex- <br />penses incurred after the first 24 hours following the "accident"or "loss"to the covered "auto." <br />b.Rental Reimbursement requires the rental of a comparable or lesser vehicle,which in many cases <br />may be substantially less than $75 per day,and will only be allowed for the period of time it should <br />take to repair or replace the vehicle with reasonable speed and similar quality,up to a maximum of <br />30 days. <br />c.We will also pay up to $500 for reasonable and necessary expenses incurred by you to remove and <br />replace your tools and equipment from the covered "auto".This limit is excess over any other <br />collectible insurance. <br />Docusign Envelope ID: 15F8BE68-D125-405B-9ADC-3D65624EB783