You choose the value insured within our range. In our quote process, we present a market value range for your car, which is obtained from Glass's Guide - the leading industry provider of vehicle values, as a reference. You then have the flexibility to choose the agreed value you want the car insured for.
Premium will be higher for the higher agreed value chosen. The agreed value includes GST and all the other costs of a fully registered vehicle. Progressive cannot insure vehicles for any value outside the range offered in our quote.
Please note: We do offer an optional benefit that covers after-market accessories up to a maximum value of $2,000 for an extra premium. Some items are not covered under this benefit. Check our PDS or get a quote online for full details. For more information about agreed value, please refer to our Product Disclosure Statement.