In the case of insured replacement value supplement, the compensation in the case of an insured total loss is not calculated according to the momentarily valid current value. A higher percentage rate is used. With this, the high loss in value of the first years of a vehicle is cushioned. This is more expensive – however, is worthwhile in the case of a total loss as the replacement value supplement of most insurance products is about 20 percent higher than the current value. Today, most comprehensive insurance products replace a vehicle up to its seventh year of operation automatically with replacement value supplement. (Exception: AXA Winterthur with the product Auto Basic, click2drive with the product "Nullpromille"). Basler, Vaudoise, Allianz24.ch and TCS also insure the replacement value supplement after the tenth year of operation.
In the
vehicle age table you can see what the rates of the compensation with replacement value supplement are. However, especially with car insurances, there are large differences between the individual products. Therefore, you can take a look at the details of each insurance products in the Car Insurance Comparison in the product details section.
Leasing:
If you lease a vehicle, you have to take out a replacement value supplement.
