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What is the retail value (and maximum limits)?
What is the retail value (and maximum limits)?
Jaclyn Prior avatar
Written by Jaclyn Prior
Updated over a week ago

Your vehicle is insured for its retail value.

Retail value means the retail price from the TransUnion Auto Dealer’s Guide (or any similar publication approved by us). The retail price is an estimate of the amount most dealers would be prepared to sell your vehicle for based on make, model and age, and assumes average mileage and good condition. This price includes any factory fitted accessories and modifications listed in the manufacturer’s standard specification.

The maximum value per vehicle is R650,000 (including any extra modifications and accessories you specify in the app).

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