Common use of Personal Property Not Covered Clause in Contracts

Personal Property Not Covered. “We” do not cover: 1) property separately described and specifically insured by this or any other policy, regardless of the “limit” that applies to such property under such insurance; 2) animals, birds, fish, or insects; 3) “motorized vehicles”. a) This includes: (1) their parts, equipment, and accessories, other than property described in c.3) above; and (2) electronic devices and accessories that can be operated only from the electrical system of a “motorized vehicle”, including antennas, films, tapes, wires, discs, records, or other media that can be used with such devices; while in or on a “motorized vehicle”. b) However, this does not include a “motorized vehicle”: (1) that is designed to assist the handicapped; or (2) that is: (a) owned by an “insured”; (b) designed only for use off of public roads; and (c) used only to service an “insured premises” or a premises of another; if such “motorized vehicle” is not required by law or governmental regulation to be registered or designed for use on public roads or property and is not used for “business” purposes, subject to the “limit” described in 9) under Limitations On Certain Property;