FAQs
Market value is the reasonable cost to replace your vehicle with one of the same make, model, age and condition as your vehicle at the time of loss or damage. It does not include any allowance for warranty, stamp duty or transfer costs.
Agreed value is the amount we agree to insure your vehicle for during each term of insurance. The value may change each time you renew the policy.
Please see our Product Disclosure Statement for details.
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