A-25, r. 4 - Direct Compensation Agreement for the Settlement of Automobile Claims

Section 6 Disposition versions

2012-09-01

6. (a)  Property transported

The insured shall be indemnified by the liability insurer for loss of or damage to property being transported in the vehicle and owned by the named insured or the operator to a maximum amount of $3,000 per vehicle. The indemnity to the named insured is primary.

(b)  Loss of use

Indemnity for loss of use is limited to all necessary and reasonable expenses, costs and losses incurred which are recoverable under ordinary rules of law and for which proof satisfactory to the insurer has been provided.

Decision 2007-03-27, s. 6.