EXHIBIT 10.22
ENDORSEMENT NO. 2
Attached to and made a part of
AUTOMOBILE QUOTA SHARE
AGREEMENT OF REINSURANCE NO. 8937
between
SAFE AUTO INSURANCE COMPANY
(herein referred to as the "Company")
and
GENERAL REINSURANCE CORPORATION
(herein referred to as the "Reinsurer")
IT IS MUTUALLY AGREED that the $40,000,000 cap for the first Agreement Year
here-under, as set forth in the second paragraph of ARTICLE V - LIABILITY OF THE
REINSURER, is amended to $50,000,000.
IT IS FURTHER AGREED that the cap for the second Agreement Year hereunder, as
set forth in the second paragraph of said ARTICLE V, is $50,000,000.
IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed
in duplicate,
this 29th day of December, 2002,
SAFE AUTO INSURANCE COMPANY
/s/ XXX XXXXX, CEO
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Attest:_______________
and this_______day of__________,200__.
GENERAL REINSURANCE CORPORATION
/s/ Xxx Xxxxxxxx
------------------
Vice President
Attest: /s/ Xxxxxxx X. Xxxxxxxxxxx
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GENERAL REINSURANCE CORPORATION
