Limit Of Coverage

The most DOAS will pay for "loss" is the lesser of:

The "actual cash value" of the damaged or stolen "auto" as of the time of the "loss"; or

The actual value of the “auto” listed on VITAL (the automobile inventory registry); or

The cost of repairing or replacing the damaged or stolen “auto” with like kind and quality.

If the covered "auto" is determined to be a total loss, the "loss" will be settled based on the value of the covered "auto" as shown as the retail value in the Automobile Dealers Association Book (NADA) at the time of the "accident" or some other valuation method utilized by DOAS.

A covered "auto" will be considered a total loss when the cost to repair the "auto" exceeds 75% of the retail value as established by NADA or some other valuation method utilized by DOAS.

The most DOAS will pay for towing and storage of a covered "auto" is the actual cost of towing and storage of the covered "auto"; however, not to exceed a total combined sum of $450.00 unless there are special circumstances as determined by DOAS.