Newly Acquired Location

Q

We insure a risk that was recently hit by a tornado. After looking into the claim, we found that the insured had rented a second location. This location, used as a warehouse, had been obtained within sixty days prior to the loss. The location had not been added to the policy; however, the insured believes that the location is covered as a “newly acquired location.” We are now having a discussion regarding the definition of “acquired.” Does “acquired” mean to buy, or does it include the renting of property? A common dictionary definition of “acquire” is “to come into possession of: get.” Does “acquire” include an element of control as opposed to outright ownership?