Your trailer is insured for an agreed value. The agreed value of your trailer is the amount determined when your policy begins and at each renewal. Your agreed value is what you will receive if your trailer is written off or stolen, minus any excess or unpaid premiums.
Your agreed value is automatically reviewed at each renewal and and may be adjusted as the value of your trailer depreciates with age and use. It's important you check the value shown on your policy schedule and get in touch with us if you have an concerns or need to make any changes.