This cover applies when:
- your vehicle is insured for Comprehensive Cover and isn’t insured for agreed value
- your vehicle is a motorcycle, car, 4WD utility or van of not more than 2 tonne carrying capacity, trailer or rigid body truck, and
- your vehicle is a total loss because of the event.
We’ll replace your vehicle with a new replacement vehicle, provided that:
- a replacement vehicle must be available;
- you’re the first registered owner or you purchased the vehicle as an ex demo from a licensed motor dealer who was the first registered owner;
- the total loss occurred less than two years from the date of original registration of your vehicle; and
- anyone who financed your vehicle provides us with written consent.*
Exclusions and limitations apply. Please read the PDS for more info.