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o. Bebased ononestimate which includes ports furnished by the original equip- ment manufacturer orother sources in- cluding non -original equipment monu- foctunureond b. If o repair or replacement nueu|ba in bet- ter than like kind or quo|ity, we will not pay for the amount of the net improve- ment. S. Ifweoffer to pay the actual cash value of the damaged or stolen property, we will value oubu advertising vvnape, point ouetomi- zotion.and similar business related advertis- ing modifioodone, in addition to the actual cash value ofthe property. Auto advertising wrope, point ouebumizotion, and similar business related advertising modifications will be valued otthe cost bu replace them with on adjustment mode for depreciation and physical condition. S. NEW VEHICLE REPLACEMENT COST The following is added to the Limit of Insurance provision of SECTION ||| — PHYSICAL DAMAGE COVERAGE: S. The provisions of paragraphs 1.ond 3. do not apply to o covered ''outo" of the private passenger type orovehicle with ogross ve- hicle weight rating of 20.000 pounds or |eee which is o"new vehio|e.^ In the event of total ^|oee^ to your "new ve- hio|e^ to which this coverage opp|iee, we will pay otyour option: o. The verifiable ''new vehicle" purchase price you paid for your damaged vehi- o|e, not including any insurance or war- ranties purchased; b. If it isavailable, the purchase price, as negotiated by ue, of o "new vehicle" of the same make, mode|, and equipment or the most similar model ovoi|ob|e, not including any fumniehinge, ports, or equipment not installed bythe manufac- turer or manufacturers' dealership; or . o. The market value ofyour damaged ve- hicle, not including any fumnishinge, porte, or equipment not installed by the manufacturer or manufacturer's dealer- ship. We will not pay for initiation or set up costs associated with loans orleases As used in this endorsement, o ''newvehi- o|e^ means on ''oubu^ of which you are the original owner that has not been previously COMMERCIAL AUTO AC 70000310 titled and which you purchased |eee than 36Sdays before the date ofthe ''|oee^ T. PHYSICAL DAMAGE COVERAGE EXTENSIONS Under SECTION ||| — PHYSICAL DAMAGE COVERAGE, A. Coveroge.4. CoverogeExten- eione. b. Loss ofUse Expenses is nup|ooed by the following: b. Loss ofUse Expenses For Hired Auto Physical Domoge, we will pay expenses for which on ''ineunud^ becomes legally responsible to pay for loss of use of vehicle rented or hired without o driver, under o written nunto| contract or agreement. We will pay for |oee of use expenses ifcaused by: (1) Other than collision if the Decla- rations indicate that Comprehen- sive Coverage ieprovided for any covered "auto"; (2) Specified Causes ofLoss only if the Declarations indicate that Specified Causes of Loss Cover- age is provided for any covered ''oubu^; or (3) Collision only if the Declarations indicate that Collision Coverage is provided for any covered 11 auto." Hovvever, the most we will pay for any expenses for loss ofuse is $S0per day, buo maximum of$1.S00.The insurance provided by this provision is excess over any other collectible insurance. W. BUSINESS INCOME AND EXTRA EXPENSE COVERAGE 1. Business Income Coverage Newill pay the actual loss ofbusiness in- come sustained by you as o result of the necessary suspension ofyour business dur- ing the period of restoration due to''|oee^to ocovered ''oubu^ used in your business. The loss must becaused byocause ofloss cov- ered under item Al of Physical Damage Coverage inthis Coverage Part. 2. Extra Expense Coverage We will pay the necessary and reasonable extra expenses that you incur during the pe- riod of restoration that you would not have incurred had there b ~ ^ ' ered^oubu^used in} AC 70060316 Includes copyrighted material ofInsurance Services Office, Inc.