Agmt07 Suarez & Munoz Construction, Inc.

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Apr, 18. 2007 11:52AM Suarez and Munoz Conai_ruction, Inc. policy No. 2D89168672 Commercial Auta Coverage Farm d. A claim under this Coverage Form. 3, Liberalization If we revise this Coverage l=oan to provide more coverage without additional premium charge, your policy will automatically provide the additions! coverage as of the day the revision is effective in your state. 4. No Benefit To Bailee -- . Physical Ramags Coverages We will not recognize any assignment or grant any coverage for the benefit of any person or organization holding, storing or transporting property for a fee regardless of any other provision of this Goverage Form. 5. Other Insurance a. For any covered "auto' you own, this Coverage Form provides .primary Insurance. For any covered "auto" you don't own, the Insurance provided by this Coverage Form is excess over any other cdiectible insurance. However, while a covered "auto' which is a "trailer" is connected . to another vehicle, the t Liability Coverage this Coverage Farm provides for the "h'ail~" Is: (1) GxCess while it is connected to a motor vehicle you do not own. (2) Primary while it is connected to a covered "auto" you own. b. For Hired Auto Physical Damage Coverage, any covered "auto' you lease, hire, rerit or borrow is deemed to be a covered "auto" you own. However, any "auto" that !s leased, hired, rented ar borrowed with a driver is not a covered "auto". c. Reuardless of the provisions_ of Paragraph a, above, this Coverage Form's Liability Coverage is primary_for_any liability assumed. under an "insured contract". When this Coverage Form and any other Goverage Form or policy covers on the same basis, either excess or primary, we will pay only our share, pur share is the proportion that the Lfmlt of insurance of our Coverage Form bears to the total of the limits of all the Coverage Forms and policies covering on the same basis. 6. Premium Audit a. The estimated premium for this Coverage Form is based on the exposures you told us you would have when this policy began. W9 will compute the final premium due when we determine your actual exposures. The estimated total premium will be credited against the final premium due and the first Page 8 of 11 No. 7584 P. 5 Named Insured will be billed for the balance, if any. The due date for the final premium or rfetrospectrve premium is the date shown as the due date on the bill. if the estimated total premium exceeds the final premium due, the 5rst Named Insured will get a refund. b. If this policy is issued for more than one year, the premium for this Coverage Fonn will be computed annually based on our rates or premiums in effect at the beginning of each year of the policy. 7. t}ollcy Period, Coverage Territory Under this Coverage Form, we cover "accidents" and "losses" occurring: a, During the policy period shown in the declarations; and b. Within the coverage territory. The coverage territory is: a. The United States of America; b. The tenito-ies and possessions of the United states of America; c. Pu9r6o Rico; d. Canada; and e. Anywhere In the world if: (1) A covered "auto" of the private passenger type is leased, hired,, rented or borrowed without a driver for a period of 3d days or less; and (2) The 'insured's" responsibility to pay damages is determined in a "suit" on the merits, in the United States of America, the tenitories and possessions of the United States of America, Puerto Rico, or Canada or in a seftlement we agree to. We also cover "loss" to, or "accidents' involving, a covered "auto" while b®ing transported between any of these places. 8. Two Or More Coverage Forms Or Ppllcls9 Issued 13y Us If this Coverage Farm and any other Coverage Form or pdicy issued to~you by us or any company affiliated with us apply to the same "accident", the aggregate maximum Limit of Insurance under all the Coverage Forms or policies shall not exceed the highest applicable Llmlt of Insurance under any one Coverage Form or pdicy. This condition does not apply to any Coverage f=orm or policy Issued by us or an affiliated company specifically to apply as excess insurance over this Coverage Form. Copyright, ISO Properties, inc., 200Q CA 00 07 10 01