Your car is covered for its market value.
A car's market value becomes relevant if it's written-off in an accident.
Market value means the amount we assess your car to be worth on the road in your local area. We’ll consider your car’s make, model, age, condition and kilometres travelled. We include the keys, plus any options, accessories, or modifications that are permanently fitted to your car. Market value includes costs of registration and compulsory third party insurance and any stamp duty and transfer fees.
We may use recognised industry publications to assist us in determining its market value.