We will replace your car with a new one of the same specification (subject to availability) if, within twelve months of its
purchase as new, it is:
1 Accidentally damaged to an extent greater than 60% of the manufacturer’s last published list price (inclusive
of Value Added Tax)
2 Lost by theft and not recovered within 14 days of the loss being reported to us
Points 1 and 2 above are subject to:
1 The car being owned by you or being purchased under a hire purchase agreement but excluding any car
which is the subject of a leasing agreement or contract hire agreement
2 The agreement of any interested hire purchase company to the extent of their legal entitlement