Section I
Loss of or damage to the vehicle own by the insured organization Sum Insured – Market value at the time of loss or damage.
Section 2
Liability for loss or damage to third party property as a result of the use of the vehicle. Limit of Liability – $5,000,000
WHAT IS NOT COVERED/MAJOR EXCLUSIONS
Wear and Tear
Malicious damage by volunteers
Theft by hirer
Malicious damage by hirer
Use of the vehicle in an unroadworthy condition
Driving under the influence
Vehicles only insured for Third Party Property Damage
Volunteer vehicles
Unregistered vehicles