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What am I likely to receive if my trailer tent or folding caravan is stolen or damaged beyond repair?

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What am I likely to receive if my trailer tent or folding caravan is stolen or damaged beyond repair?

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If you bought it as new within 12 months of the loss and your sum insured is enough to pay for it, we will replace your trailer tent or folding caravan with its brand new equivalent. If not, we will pay you its value immediately before it was stolen or damaged.

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