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* S1 * 0521523 GREAT AMERICAN ALLIANCE INSURANCE COMPANY <br />*D/B* 058909113 253316 <br />(4) costs for extended warranties, Credit Life Insurance, Health, Accident or Disability Insurance <br />purchased with the loan or lease; and <br />(5) carry-over balances from previous loans or leases. <br />M. CUSTOMIZATION COVERAGE <br />SECTION III - PHYSICAL DAMAGE COVERAGE, A. Coverage, 4. Coverage Extensions, is <br />amended to add the following: <br />a. We will pay with respect to a covered "auto" for "loss" to automobile customization which <br />includes special carpeting and insulation, height - extended roofs and custom murals, paintings, <br />vinyl wraps or other details or graphics. <br />b. our limit of liability for "loss" to automobile customizations in any one "loss" shall be the least <br />of: <br />(1) the actual cash value of the stolen or damaged property; <br />(2) the amount necessary to repair or replace the property; or <br />(3) $2,000. <br />This coverage does not apply to electronic equipment. <br />N. NEWLY ACQUIRED OWNED AUTOS AND DONATED AUTOS PHYSICAL DAMAGE COVERAGE <br />SECTION III - PHYSICAL DAMAGE COVERAGE, A. Coverage, 4. Coverage Extensions, is <br />amended to add the following: <br />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 />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 <br />cost of purchase of the newly acquired "auto', whichever is more; <br />b. the actual cost of: <br />(1) replacing the damaged or stolen property with other property of like kind and quality; or <br />(2) repairing the damaged property. <br />without deductii n 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 />For each newly acquired "auto' our obligation to pay 'loss" will be reduced by a deductible equal to <br />the highest deductible applicable to any "auto' for that coverage. No deductible will be applied to <br />"loss" caused by fire or lightning. <br />WMmVmadDMsivn <br />A+.y:. Auv4(a <br />® Risk Management Specialist <br />CA 86 20 (Ed. 05/16) (Page 7 of 9) <br />