Country Australia AU | UK UK

FAQs

14. What is the difference between a car's agreed and market value?

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.

Back to FAQs

You'll need Flash Player installed to view this animation, please click here to download and install the latest version.

Need a quote?

Even with carbon offsetting built in, our car insurance rates are very competitive.

© 2008 ibuyeco   All rights reserved

*100% carbon neutral car insurance, calculated using information you have provided. A&G Insurance Services Pty Ltd provides the Carbon Offset Service and arranges the insurance on behalf of the insurer, Auto & General Insurance Company Limited. Because we don’t know your financial needs, we can't advise if this insurance will suit you. You should consider your needs and read the Product Disclosure Statement (PDS) before making a decision to buy the product. To download a copy of our FSG and PDS click here. Not available in NT.