Liberty Quality Home - house and contents insurance
B1. Garaged vehicles
This cover guarantees the following up to the sum insured stipulated in the schedule of this policy:
- The material damage or disappearance, as a result of fire, explosion, lightning, theft with violence and theft with intimidation, suffered by insured motor vehicles expressly stated in the schedule in any of the places in the garage expressly listed in the policy.
- The cover extends to any damage sustained directly by the vehicles while being used by the individuals who stole them, providing they were stolen while parked in the garage expressly stated in the policy.
In the case of an accident, damages will be valued at their real cost value and total losses will be valued at the actual cash value of the vehicle and the wreckage will remain in the property of the insured, who will deduct its value from the actual cash value to be indemnified.
If the declared value of the vehicle is less than the actual cash value, the average condition rule will apply.
B2. All risk insurance against accidental damage