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LfztfsNbstupoBttpdjbuft-Jod QpmjdzOp;BXGB5:115: b. Any device designed or used to detect 3. If a repair or replacement results in better than speed measuring equipment such as radar like kind or quality, we will not pay for the or laser detectors and any jamming appara-amount of the betterment. tus intended to elude or disrupt speed D. Deductible measurement equipment. For each covered "auto", our obligation to pay for, c. Any electronic equipment, without regard to repair, return or replace damaged or stolen prop- whether this equipment is permanently in- erty will be reduced by the applicable deductible stalled, that receives or transmits audio, shown in the Declarations. Any Comprehensive visual or data signals and that is not de- Coverage deductible shown in the Declarations signed solely for the reproduction of sound. does not apply to "loss" caused by fire or lightning. d. Any accessories used with the electronic SECTION IV Î BUSINESS AUTO CONDITIONS equipment described in Paragraph c. The following conditions apply in addition to the above. Common Policy Conditions: Exclusions 4.c. and 4.d. do not apply to: A. Loss Conditions a. Equipment designed solely for the repro- 1. Appraisal For Physical Damage Loss duction of sound and accessories used with such equipment, provided such equipment If you and we disagree on the amount of "loss", is permanently installed in the covered either may demand an appraisal of the "loss". "auto" at the time of the "loss" or such In this event, each party will select a competent equipment is removable from a housing unit appraiser. The two appraisers will select a which is permanently installed in the cov- competent and impartial umpire. The apprais- ered "auto" at the time of the "loss", and ers will state separately the actual cash value such equipment is designed to be solely and amount of "loss". If they fail to agree, they operated by use of the power from the will submit their differences to the umpire. A "auto's" electrical system, in or upon the decision agreed to by any two will be binding. covered "auto"; or Each party will: b. Any other electronic equipment that is: a. Pay its chosen appraiser; and (1) Necessary for the normal operation of b. Bear the other expenses of the appraisal the covered "auto" or the monitoring of and umpire equally. the covered "auto's" operating system; If we submit to an appraisal, we will still retain or our right to deny the claim. (2) An integral part of the same unit housing 2. Duties In The Event Of Accident, Claim, Suit any sound reproducing equipment de- Or Loss scribed in Paragraph a. above and per- We have no duty to provide coverage under manently installed in the opening of the this policy unless there has been full compli- dash or console of the covered "auto" ance with the following duties: normally used by the manufacturer for installation of a radio. a. In the event of "accident", claim, "suit" or "loss", you must give us or our authorized 5. We will not pay for "loss" to a covered "auto" representative prompt notice of the "acci- due to "diminution in value". dent" or "loss". Include: C. Limit Of Insurance (1) How, when and where the "accident" or 1. The most we will pay for "loss" in any one "ac- "loss" occurred; cident" is the lesser of: (2) The "insured's" name and address; and a. The actual cash value of the damaged or (3) To the extent possible, the names and stolen property as of the time of the "loss"; addresses of any injured persons and or witnesses. b. The cost of repairing or replacing the dam- b. Additionally, you and any other involved "in- aged or stolen property with other property sured" must: of like kind and quality. (1) Assume no obligation, make no payment 2. An adjustment for depreciation and physical or incur no expense without our consent, condition will be made in determining actual except at the "insured's" own cost. cash value in the event of a total "loss". CA 00 01 03 06 ¨ ISO Properties, Inc., 2005 Page 7 of 12££ ££