(2) A policy with the coverage described in this section does not cover the first $300 of property damage to the covered motor vehicle as the result of an accident with a hit-and-run vehicle or phantom vehicle. In all other cases the first $200 damage is not covered.
(3) Coverage for property damage described in this section:
(a) Applies only to the amount of damages the insured may be legally entitled to recover.
(b) Does not include coverage for loss of use of the covered vehicle. [Formerly 743.797; 1991 c.768 §5]
Note: See note under 742.508.