SpeedSurance - Innovative TIPS:

These additional packages are intended as information for you and represent an extract of the possibilities of our insurance partners VAV and Wiener Städtische Versicherung.

For more details you can contact me by email, chat or phone.

NEW VALUE CLAUSE FOR TOTAL DAMAGE

I.

n Amendment of Art. 5 point 1.2. AKKB pays the insurer the following replacement value compensation in the event of a total loss.

In the event of total damage to the insured vehicle, the following will be replaced in the period after initial registration:

  • 1 to 6 months, insurance benefit: 100% of the purchase price

  • 7 to 12 months, insurance benefit: 90% of the purchase price

  • 13 to 18 months, insurance benefit: 85% of the purchase price

  • 19 to 24 months, insurance benefits: 80% of the purchase price

  • 25 to 30 months, insurance benefits: 75% of the purchase price

  • 31 to 36 months, insurance benefit: 70% of the purchase price

  • 37 to 42 months, insurance benefit: 65% of the purchase price

  • 43 to 48 months, insurance benefit: 60% of the purchase price

    The starting point for the calculation of the total loss is the purchase price, including the insured special equipment, less the discounts granted, whereby the lease of the share of sales tax (value added tax) included in the purchase price in the event of total loss does not fall below the scope of the insurance benefit.

  • Note:

    What regulates Art. 5 point 1.2. AKKB:
    The insurance benefit for total loss based on the replacement value.
    The insurer pays the amount that the policyholder should have spent on a vehicle of the same type and quality in the same state of wear and tear at the time of the insured event (replacement value).