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14. PHYSICAL DAMAGE DEDUCTIBLE -VEHICLE TRACKING SYSTEM <br /> SECTION III - PHYSICAL DAMAGE COVERAGE, D. Deductible, is amended by adding the following: <br /> Any Comprehensive Deductible shown in the Declarations will be reduced by 50% for any "loss" <br /> caused by theft if the vehicle is equipped with a vehicle tracking device such as a radio tracking device <br /> or a global position device and that device was the method of recovery of the vehicle. <br /> 15. AUDIO, VISUAL AND DATA ELECTRONIC EQUIPMENT COVERAGE <br /> SECTION III - PHYSICAL DAMAGE COVERAGE, B. Exclusions, Paragraph a. of the exception to exclu- <br /> sions 4.c. and 4.d. is deleted and replaced with the following: <br /> Exclusions 4.c. and 4.d. do not apply to: <br /> a. Electronic equipment that receives or transmits audio, visual or data signals, whether or not de- <br /> signed solely for the reproduction of sound, if the equipment is: <br /> (1) Permanently installed in the covered "auto" at the time of the "loss" or removable from a <br /> housing unit that is permanently installed in the covered "auto"; and <br /> (2) Designed to be solely operated by use from the power from the "auto's" electrical system; and <br /> (3) Physical damage coverages are provided for the covered "auto". <br /> If the "loss" occurs solely to audio, visual or data electronic equipment or accessories used with <br /> this equipment, then our obligation to pay for, repair, return or replace damaged or stolen property <br /> will be reduced by a$100 deductible. <br /> 16. LOAN / LEASE GAP COVERAGE (Not Applicable In New York) <br /> A. Paragraph C. Limit Of Insurance of SECTION III - PHYSICAL DAMAGE COVERAGE is amended by <br /> adding the following: <br /> The most we will pay for a "total loss" to a covered "auto" owned by or leased to you in any one <br /> "accident" is the greater of the: <br /> 1. Balance due under the terms of the loan or lease to which the damaged covered "auto" is <br /> subject at the time of the "loss" less the amount of: <br /> a. Overdue payments and financial penalties associated with those payments as of the date <br /> of the "loss"; <br /> b. Financial penalties imposed under a lease due to high mileage, excessive use or abnormal <br /> wear and tear; <br /> c. Costs for extended warranties, Credit Life Insurance, Health, Accident or Disability Insur- <br /> ance purchased with the loan or lease; <br /> d. Transfer or rollover balances from previous loans or leases; <br /> e. Final payment due under a"Balloon Loan"; <br /> f. The dollar amount of any unrepaired damage which occurred prior to the "total loss" of a <br /> covered "auto"; <br /> g. Security deposits not refunded by a lessor; <br /> h. All refunds payable or paid to you as a result of the early termination of a lease agreement <br /> or as a result of the early termination of any warranty or extended service agreement on a <br /> covered "auto"; <br /> i. Any amount representing taxes; <br /> j. Loan or lease termination fees; or <br /> 2. The actual cash value of the damage or stolen property as of the time of the "loss". <br /> An adjustment for depreciation and physical condition will be made in determining the actual <br /> cash value at the time of the "loss". This adjustment is not applicable in Texas. <br /> B. Additional Conditions <br /> This coverage applies only to the original loan for which the covered "auto" that incurred the <br /> "loss" serves as collateral, or lease written on the covered "auto" that incurred the "loss". <br /> ® 2017 Liberty Mutual Insurance <br /> AC 85 01 06 18 Includes copyrighted material of Insurance Services Office Inc.,with its Permission. Page 5 of 7 <br />