PSA Between Kittitas Co. & Accurate Electric Unlimited Inc.

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4. Subject to the above limit, deductible, and excess provisions we will proMde @ver- age equal to the broadest coverage appli- cable to any covered "auto" you own in- sured under this policy. Coverage indudes loss of use of that hired au- to, provided it results from an "arcident" for which you are legally liable and as a result of which a monetary loss is sustained by the leasing or rental concern. The most we will pay for any one "accident" is $3,00O. lf a limit for Hired Auto - Physical Damage is shown in the Schedule, then that limit replac- es, and is not added to, the $50,000 limit indi- cated above and the deductibles shown in the Schedule are applicable. J. RentalReimbunsement SECTION III . PHYSICAL DAMAGE COV- ERAGE is amended by adding the following: 1. We will pay for rental reimbursement ex- penses incurred by you for the rental of an "auto" because of a 'loss" to a covered "auto". Payment applies in addition to the othenvise applicable amount of each mv- erage you have on a covered "auto". No deduclible applies to this coverage. 2. We will pay only for those e>penses in- curred during the policy period beginning 24 hours after the "loss" and ending, re- gardless of the policy's expiration, with the lesser of the following number of days: a. The number of daye reasonably re- quired to repair the covered "auto". lf "loss" is caused by theft, this number of days is added to the number of days it takes to locate the covered "auto" and retum it to you; or b. 30 daYs. 3. Our pay,rnent is limited to the lesser of the following amounts: a. Necessary and actual expenses in- curred; or b. $50 Per daY. 4. This coverage does not apply while there are spare or reserve "autos" available to you for your operations. 5. We will pay under this coverage only that amount of your rental reimbursement ex- penses which is not already provided for under SECTION lll - PHYSICAL DAM- AGE COVERAGE, A" Coverage, 4. Coverage Extensions. K. Transportation Expense - Higher Limits SECTION III . PHYSICAL DAMAGE COV. ERAGE, A. Coverage, 4. Coverage Exten- sions is amended by replacing $20 per day with $50 per day, and $600 maximum with $1,500 maximum in Extension a. Transpor- tation Expenses. L. Airbag Coverage SECTION III . PHYSICAL DAMAGE COV. ERAGE, B. Exclusions, 3.a. is amended by adding the following: However, the mechanical and elecirical breakdown portion of this exdusion does not apply to the accidental discharge of an airbag. This coverage for airlcags is excess over any other collectible insurance or wananty. M. Loan or Lease Gap Coverage 1. SECTION III . PHYSICAL DAMAGE COVERAGE, G. Limit of lnsurance is deleted in its entirety and replaced by the following, but only for private passenger type "autos" with an original loan or lease, and only in the event of a 'total loss" to such a private passenger type "auto": a. The most we will pay for "loss' in any one "accidenf is the greater of: (1 ) The amount due under the terms of the lease or loan to which your covered Private Passenger type "auto" is subject, but will not include: (a) Overdue lease or loan PaY- ments; (b) Financial Penalties imPosed under the lease due to high mileage, excessive use or abnormal wear and tear; (c) SecuritY dePosits not re- funded bY the lessor; (d) Costs for extended warran- ties, Credit Life lnsurance, Heafth, Accident or Disabil- ity lnsurance Purchased with the loan or lease; and (e) CanYover balances from previous loans or leases, or (2) Actual cash value of the stolen or damaged ProPertY. b. An adjustment for depreciation and physical condition will be made in de- termining actual cash value at the time of 'loss". lncludes copyrighted material of ISO Properties, lnc., with its permission.AA 288 06 20 Page 3 of 4