RecDoc 2015-056642 CONFORMED 1092 SECOND AVE I.A.

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Any person or organization with respect to Medical Payments Coverage, the Medical Pay- the operation, maintenance, or use, of a coy- meats Limit of Insurance for those autos is revised erect auto, provided that you and such person to the greater of: or organization have agreed under an ex- pressed provision in a written insured contract I . $5,000; or or written agreement, or a written permit is- sued to you by a governmental or public au- 2. The limit shown in the Declarations thorny, to add such person, organization, or E. Hired Auto Physical Damage Coverage and Loss governmental or public authority to this poi- of Use Expenses icy as an insured However, such person or organization is an Hired Auto Physical Damage Coverage insured If Physical Damage Coverage is provided by this ( 1 ) Only with respect to the operation, policy on your owned covered autos , the following maintenance, or use, of a covered auto ; applies: and Any auto that you lease, hire, rent or borrow without a driver, will be covered under this policy Only for bodily injury or property dam- for Physical Damage Coverage. However any age caused by an accident which takes place after: such auto: (a) You executed the insured contract 1 . Will be covered only for the same Physical or written agreement; or Damage Coverage that applies to your owned covered autos; (b) The permit has been issued to you. 2. Will be subject to the same applicable 2. Form CA0001 Of attached to this policy), deductible shown in the Declarations that Section IV - Business Auto Conditions, A. applies to your most similar owned covered Loss Conditions, item 5.; and form CA0020 auto, except any Comprehensive Coverage (if attached to this policy), Section V - Motor deductible does not apply to loss caused by Carrier Conditions, A. Loss Conditions, item fire or lightning; and 6.; the following is added: 3. The most we will pay for any one loss in any Waiver of Subrogation one accident is the lesser of the following: if required by a: a. Actual cash value of the damaged or stolen property as of the time of the loss a. Written insured contract or written as determined by us; or agreement executed prior to the accident; or b. The cost of repairing or replacing the damaged or stolen property with other b. Written permit issued to you by a gov- property of like kind and quality. ernmental or public authority prior to the accident; In addition, we will pay costs and fees associated with such covered loss only for a maximum time we waive any right of recovery we may have period of seven days beginning with the date of against any person or organization named in loss, subject to a maximum of $500. such contract, agreement or permit, because of payments we make for injury or damage However: arising out of the ownership, maintenance or use of a covered auto. 1 . If for CA0001 is attached to this policy, this coverage does not apply to autos you lease, D. Auto Medical Payments - Increased Limit hire, rent or borrow from any of your employees, partners (if you are a partnership), For each covered auto described in the Declara- members (if you are a limited liability corn- tions or shown in the Schedule as having Auto pany) or members of their households; and CA7018 3-10 Page 2 of 7