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N. Newly Acquired Owned Autos And Donated Autos Physical Damage Coverage <br /> Section III —Physical Damage Coverage, Paragraph A.4. is amended to add the following: <br /> g. Newly Acquired Owned Autos and Donated Autos Physical Damage Coverage <br /> (1) If Comprehensive, Specified Causes of Loss, or Collision Coverage is provided by this Policy, the <br /> coverage is extended to apply to Physical Damage "loss" to your newly acquired owned "autos" and <br /> donated autos. We will provide the broadest coverage available to any covered "auto" shown in the <br /> Declarations. <br /> (2) The most we will pay for"loss"to a newly acquired "auto" or donated auto is the least of: <br /> (a) The actual cash value of the damaged or stolen property as of the time the"loss,"or your actual cost <br /> of purchase of the newly acquired "auto", whichever is more; <br /> (b) The actual cost of: <br /> i. Replacing the damaged or stolen property with other property of like kind and quality; or <br /> ii. Repairing the damaged property without deduction for depreciation; or <br /> (c) $100,000. <br /> However, the most we will pay for all covered physical damage "loss" for newly acquired autos and <br /> donated autos occurring during the policy period shown on the Declarations is$100,000. <br /> (3) For each newly acquired "auto" our obligation to pay "loss"will be reduced by a deductible equal to the <br /> highest deductible applicable to any "auto" for that coverage. No deductible will be applied to "loss" <br /> caused by fire or lightning. <br /> (4) Coverage under this Extension, for newly acquired owned "autos" is afforded until you notify us to add <br /> the newly acquired owned vehicle to your auto schedule or until the end of the policy period,whichever <br /> is earlier. <br /> O. Rental Reimbursement Coverage Extension <br /> Section III —Physical Damage Coverage, Paragraph A.4. is amended to add the following: <br /> h. Rental Reimbursement Coverage <br /> (1) For those covered "autos"for which you carry Comprehensive or Specified Cause of Loss Coverage: <br /> (a) We will pay up to $100 per day, for up to 30 days, for Rental Reimbursement Expenses incurred by <br /> you for the rental of an "auto" because of a "loss"to a covered "auto". <br /> (b) We will pay up to $500 for reasonable and necessary expenses incurred by you to remove and <br /> replace your materials and equipment from the covered "auto". <br /> (2) We will pay under this coverage extension only that amount of your Rental Reimbursement Expenses <br /> which is not already provided under Paragraph I. Transportation Expenses of this endorsement. <br /> P. Accidental Discharge—Airbag Coverage <br /> Section III — Physical Damage Coverage, Exclusion B.3.a. does not apply to "loss" due and confined to the <br /> accidental discharge of an airbag. No deductible applies to this coverage. <br /> Q. Original Equipment Manufacturer(OEM) Part Replacement <br /> CA 83 63 03 23 Includes material copyrighted by Insurance Services Office, Inc., with Page 7 of 9 <br /> its permission <br />