Excess Coverage. This coverage is excess and shall not contribute to claims or suits where the covered party is named as an additional insured by agreement making such coverage primary coverage in accordance with an endorsement to the other party’s insurance policy. This provision is applicable to all insurance: a. That is Fire, Extended Coverage, Builder's Risk, Installation Risk or similar coverage for your work, or is for covered locations rented to you; b. That is Commercial General Liability (or equivalent coverage) available to you as a Named Insured or Insured (including additional insured); c. That is coverage for non-owned automobiles and owned trailers attached to non-owned automobiles. When this coverage agreement is excess, we will pay only our share of the amount of the loss, if any, that exceeds the sum of: a. The total amount that all other self-insurance/insurance would pay for the loss in the absence of this coverage agreement; and b. The total of all deductible and retained amounts under all other self-insurance/insurance in the absence of this coverage agreement. We will share the remaining loss, if any, with any self-insurance/insurance that is not described in this Excess coverage provision and was not bought specifically to apply in excess of the limits shown in the Information Pages of this coverage agreement. Our obligation shall not exceed the limits of liability shown on the Information Pages.
Appears in 3 contracts
Samples: Coverage Agreement, Coverage Agreement, Coverage Agreement
Excess Coverage. This coverage is excess and shall not contribute to claims or suits where the covered party is named as an additional insured by agreement making such coverage primary coverage in accordance with an endorsement to the other party’s insurance policy. This provision is applicable to all insurance:
a. That is Fire, Extended Coverage, Builder's Risk, Installation Risk or similar coverage for your work, or is for covered locations rented to you;
b. That is Commercial General Liability commercial general liability (or equivalent coverage) available to you as a Named Insured or Insured (including additional insured);
c. That is coverage for non-owned automobiles and owned trailers attached to non-owned automobilesauto- mobiles. When this coverage agreement is excess, we will pay only our share of the amount of the loss, if any, that exceeds the sum of:
a. The total amount that all other self-insurance/insurance would pay for the loss in the absence of this coverage agreement; and
b. The total of all deductible and retained amounts under all other self-insurance/insurance in the absence of this coverage agreement. We will share the remaining loss, if any, with any self-insurance/insurance that is not described in this Excess coverage provision and was not bought specifically to apply in excess of the limits shown in the Information Pages of this coverage agreement. Our obligation shall not exceed the limits of liability shown on the Information Pages.
Appears in 2 contracts
Samples: Coverage Agreement, Coverage Agreement