In the event of your Caravan being stolen declared a total loss or being declared beyond economical repair, your claims settlement will be based on the replacement cost of your Caravan or the value of an equivalent new Caravan.
In the event of your Caravan being stolen declared a total loss or being declared beyond economical repair, you will receive the current market value for the Caravan at the date of incident based on the specification, age, depreciation and condition of the Caravan.