On your policy document we have your car listed as 'market value'.
You won't see a dollar amount listed on the policy because this can only be determined in the unfortunate event of a total loss claim. We take into account many factors including its age, make, model, kilometers travelled and general condition. We may also use industry publications to help us determine the market value.
For more information on market value. please see your product disclosure statement here;
Comprehensive Car Insurance – Product Disclosure Statement (PDS) - Part 2
What is my vehicle's market value?
