Insurance Under More Than One Policy Sample Clauses
Insurance Under More Than One Policy. If you have insurance on specifically described property, our policy will be considered excess insurance, and we will not pay any loss or claim until the amount of such other insurance is used up. In all other cases our policy will pay its ratable proportion of the loss or claim.
Insurance Under More Than One Policy. If there is other valid and collectible insurance which applies to a loss or claim, or would have applied in the absence of this policy, the insurance under this policy shall be considered excess insurance and shall not apply or contribute to the payment of any loss or claim until the amount of such other insurance is exhausted.
Insurance Under More Than One Policy a. You may have other insurance subject to the same plan, terms, conditions and provisions as the insurance under this policy. If you do, we will pay our share of the covered loss or damage. Our share is the proportion that the applicable amount of insurance under this policy bears to the total amount of all insurance covering on the same basis.
b. If there is other insurance covering the same loss or damage, other than that described in a. above, we will pay only for the amount of covered loss or damage in excess of the amount due from that other insurance, whether you can collect on it or not. But, we will not pay more than the applicable amount of insurance.
Insurance Under More Than One Policy a) Insurance under this General Liability Coverage is primary except as provided under paragraph 10c. below, or unless otherwise stated. The amount of our liability is not reduced because of other insurance which applies to the loss on other than a primary basis.
b) If the other insurance is also primary, we will share in the loss as follows:
(1) If the other insurance provides for contribution by equal shares, we will pay equal amounts with other insurers until:
(a) the lowest applicable limit under any one policy is reached; or
(b) the full amount of the loss is paid. If part of the loss remains unpaid, we will pay an equal share with the other insurers until the full amount of the loss is paid, or until we have paid our limit in full.
(2) If the other insurance does not provide for contribution by equal shares, we will pay no more than that proportion of the loss to which the applicable limit under this policy for such loss bears to the total applicable limit for all insurance against the loss.
c) Insurance under this General Liability Coverage is excess over any other insurance:
(1) if the other insurance, whether primary, excess, contingent or on any other basis, provides:
(a) fire, extended coverage, builders' risk, installation risk or similar coverage for your work; or
(b) fire insurance for premises rented to you; or
(2) if the other insurance applies to any loss arising out of the maintenance or use of aircraft, autos or watercraft which may be covered by this policy.
d) When this insurance is excess over any other insurance:
(1) we will have no duty under Coverage L to defend any claim or suit that any other insurer has a duty to defend. If no other insurer defends, we will do so. However, we will be entitled to the insured’s rights against all those other insurers.
(2) we will pay our share of the amount of loss, if any, that exceeds the sum of:
(a) the total amount that all such other insurance would pay for the loss in the absence of this insurance; and
(b) the total of all deductibles and self-insured amounts required by such other insurance. Declarations page, the Supplemental Declarations page or attached endorsements of this General Liability Coverage.
Insurance Under More Than One Policy. If there is any other insurance which would apply in the absence of this policy, the insurance under this policy shall apply only as excess over any other collectible insurance.
Insurance Under More Than One Policy. If a loss is covered by this policy and is also covered by other insurance, "we" pay only for the amount of covered loss in excess of the amount due from that other policy, whether "you" can collect on it or not. But "we" do not pay more than the applicable "limit".
Insurance Under More Than One Policy. If there is other insurance that applies to the loss, we pay our share of the loss. Our share is that part of the loss that the limit of this policy bears to the total amount of insurance that applies to the loss. When a loss is also covered by the master policy of an association or corporation of property owners, this insurance is excess.
Insurance Under More Than One Policy a. Property Coverage
1) The following applies to all property coverages except the Incidental Property Coverage for Identity Fraud Expense:
a) If there is other insurance that applies to the loss, cost, or expense, other than insurance in the name of an association or a corporation of property owners, “we” pay “our” share of the loss, cost, or expense. “Our” share is that part of the loss, cost, or expense that the “limit” of this policy bears to the total amount of insurance that applies to the loss, cost, or expense. However, this does not apply to loss, cost, or expense that is also covered by:
(1) a home warranty, a service or maintenance plan or agreement, or any other warranty, plan, or agreement that provides for the repair or replacement of property, even if such warranty, plan, or agreement has the characteristics or qualities of insurance; or
(2) a government fund.
b) When a loss, cost, or expense is also covered by insurance in the name of an association or corporation of property owners, this insurance is excess over the “limit” that applies under such other insurance. However, this excess provision does not apply with respect to the coverage provided under the Incidental Property Coverage for Association Deductible.
2) The following applies to the Incidental Property Coverage for Identity Fraud Expense:
a) This insurance is excess over other valid and collectible insurance that covers “expenses” resulting from “identity fraud”.
b) This insurance is also excess over any other form of redress or recompense available to an “insured”, by contract, for his or her obligation to pay any sums to any person or other entity from an occurrence of “identity fraud”.
Insurance Under More Than One Policy. If there is other insurance which applies to a loss we pay only that part of the loss that the applicable limit of liability under this policy bears to the total amount of insurance covering the loss, whether collectible or not.
Insurance Under More Than One Policy. If you have insurance on specifically described property, this policy will be considered excess insurance and we will not pay any loss or claim until the amount of such other insurance is used up. In all other cases, we will pay our ratable proportion of the loss or claim under this policy. The following conditions apply to the coverage provided under Section I of this policy. Where the loss is due to or appears to be due to theft, burglary, robbery, malicious mischief or disappearance of insured property, you must give immediate notice thereof to the police or other authorities having jurisdiction. In the event that any property insured under this policy is damaged or destroyed, it is your duty to take all reasonable steps that might be available to you to bring about recovery of such property. We will contribute on a proportionate basis towards any reasonable and proper expenses in accordance with our respective interest in the property insured.