What it does

CA 20 14 provides a second layer of liability for autos leased or rented under agreements that require the lessee or rentee to provide primary insurance for the lessor. The limit shown in its schedule replaces the limit shown elsewhere in the policy or in the lease. For the difference between the scheduled limit and the limit the lease requires the lessee to carry, the normal Who Is An Insured provision applies except that the lessee or rentee and its employees or agents are not insureds; the layer protects the lessor and its people, not the customer.

Who needs it

Leasing companies whose customers carry modest required limits and who want protection above those limits for their own vicarious liability as owners.

Quoting notes

Compare the lease's required limits with the lessor's umbrella; this endorsement can fill the band between the lessee's limit and the lessor's excess attachment point. Pair with CA 20 09 for contingent primary protection and CA 20 11 to exclude the lessee's acts from the primary layer.