Thread: 2012 Defender

If we insure your vehicle for market value, then we assess its market value when an incident happens.
To work out the market value, we look at various things which include:
• local market prices
• your vehicle’s age and condition at the time, and
• any modifications, options or accessories that are attached to your vehicle.
The market value includes:
• GST
• registration and any CTP insurance
• other on-road costs. It does not include any allowance for dealer profit, warranty costs, any stamp duty or transfer fees

looks like market value is my best way forward. just feels risky

Perhaps get a valuation for private market from a Registered Motor Dealer Valuer and then present that to the insurer and ask for agreed value. For that you might be better with a mob that readily do agreed value such as Shannons (but there are other considerations of course such as the terms and conditions of the policy). Cheers