Laserfiche WebLink
Binder <br />Coverage Summary <br />Binder Page 41 of 48 <br />Duties in the event of an accident, <br />claim, or suit <br />The Broad Form clarifies that the duties apply only when the accident is <br />known to a partner, executive officer or insurance manager. <br />Cancellation condition The Broad Form extends notice of cancellation to 60 days for all reasons <br />other than non-payment. <br />Unintentional failure to disclose <br />hazards <br />The Broad Form clarifies that Hartford will not deny coverage due to the <br />Named Insured’s unintentional failure to disclose hazards. <br />Hybrid, Electric, or Natural Gas <br />vehicle payment coverage <br />When a non-hybrid auto is involved in a total loss and is replaced within 60 <br />days by a hybrid auto or an auto powered solely by electricity or natural gas, <br />the Broad Form provides for the payment of an additional 10% of actual cash <br />value of the loss, up to a maximum of $2,500. <br />Vinyl Vehicle wrap coverage In the case of a total loss, the Broad Form provides for a payment of up to a <br />maximum of $1,000 to replace vinyl vehicle wraps. <br />This document provides a general overview of coverage.All coverages are individually underwritten;services and availability may differ by state. <br />Subject to the policy terms and conditions,hired auto physical damage coverage provided in the Commercial Auto Broad form endorsement is excess to <br />any other collectible insurance.For a complete description of all coverages,terms and conditions,refer to the insurance policy.In the event of a <br />conflict, the terms, conditions, and exclusions of the policy prevail. <br />Docusign Envelope ID: 8B1A83C1-5D3E-8229-81C5-784070B121B4