SR22 Insurance Quotes – Cheap

The Named Assured warrants that the schedule of this endorsement contains the names of all persons described under Class 1 below at the inception of this sr22 insurance policy. In consideration of this warranty, the Company hereby agrees to extend the schedule to include any other such persons subsequently so employed provided the Named Assured notifies the Company in writing by means of the reports hereinafter required.

The Named Assured also warrants that the schedule of this endorsement discloses the number of all persons described under Class 2 below at each location at which the Assured operates at the inception of this policy. In consideration of this warranty, the Company agrees that the schedule is extended to include any changes in or additions to the number of such persons provided the Named Assured notifies the company in writing by means of the reports hereinafter required. The employees of the Assured are divided into two classes as follows:

Class 1. (a) All outside employees whether compensated on a salary and/or commission basis whose usual duties involve the use of automobiles or motorcycles, not herein excluded, in the business of the Named Assured, and (b) All other employees whether compensated on a salary and/or commission basis whose usual duties involve the use of automobiles or motorcycles, not herein excluded, in the business of the Named Assured who receive a specific operating allowance of any kind (operating allowance meaning rate per mile; gas, oil, tire or upkeep allowance; where the salary, commission or terms of employment contemplate the use of an automobile or motorcycle).

Class 2. All other employees whether compensated on a salary and/or commission basis, not included in Class 1. The Named Assured shall maintain a complete and accurate record of the name and location of all persons under Class 1 and of any changes in or additions to the list of such persons in chronological order of the days and dates of such changes or additions. The record shall also indicate any variation in the number of Class 2 persons at each location. A list of changes in this record shall be submitted to the company at the end of each calendar month and shall become a part of the schedule.

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