Common use of Coverage L -- Insurance Clause in Contracts

Coverage L -- Insurance. Under More Than One Policy -- Coverage L is excess over other valid and collectible insurance that applies to the loss or claim. If the other valid and collectible insurance is also excess, we pay only our share of the loss. We pay only that part of the loss that the applicable limit under this policy bears to the total amount of insurance covering the loss.

Appears in 4 contracts

Samples: Personal Liability Coverage Agreement, Personal Liability Coverage Agreement, Personal Liability Coverage Agreement

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