VENDOR'S SINGLE INTEREST
In consideration of the payment of the premium and reliance upon the statements in the declarations and subject to the limits of liability, exclusions, conditions and other terms of this policy, we agree to insure the Single Interest as hereinafter defined with respect to the coverage as indicated by specific premium charge or charges.
Coverage provided is as follows: (a) FIRE AND THEFT (loss or damage, hereinafter called loss, caused by fire or total theft), (b) COLLISION (loss or damage, hereinafter called loss, caused by collision with another object or upset).
CLASS 1 OF ELIGIBLE COLLATERAL
Automobiles, campers, farm equipment, farm tractors, horse trailers, office trailers, stationary equipment, miscellaneous motorized light equipment, travel trailers.
CLASS 2 OF ELIGIBLE COLLATERAL
Boats (pleasure only), heavy equipment, motorcycles, motor homes, recreational vehicles and trucks over ¾ ton.