We will replace Your Car with a new car of the same specification (subject to availability) if within twelve months of its purchase as new, and provided it has not travelled more than 24,000 Kilometres, it is:
a) Accidentally damaged within the meaning of Your Policy cover to an extent greater than 60% of the manufacturer’s last published list price (inclusive of Value Added Tax)
b) Lost by theft and not recovered within 14 days of the loss being reported to us.