Loss of or Damage to Your Car

If your car is lost, stolen or damaged, we may:

• pay for your car to be repaired;
• replace your car; or
• pay you a cash amount equal to the lossor damage.

When we settle claims, we may take off an amount for wear, tear and loss of value. The same cover also applies to your car’s accessories and spare parts while they are in or on your car or in your private garage. We will also pay for loss of, or damage to, your car’s audio equipment or satellite navigation system (up to £500, unless it was fitted by the manufacturer). The equipment will also be covered while it is away from your car or private garage if it:

• has been designed to be totally orpartially removed;
• cannot work without being attached toyour car; and
• has been temporarily removed forsecurity reasons.

The most we will pay will be the market value of your car at the time of the loss.

If you cannot drive your car as a result of damage insured under this policy, we will pay the reasonable costs of:

• protecting your car and removing it to the nearest Norwich Union Direct approved repairers; and
• delivering your car back to your address in the British Isles after the repairs have been carried out.

If we know that you are still paying for your car under a hire purchase or leasing agreement, we
will pay any claim to the owner described in that agreement. Our liability under this policy will then end.