How much should I insure my car for?
Your amount covered – that is, the amount you insure your car for – should generally be the amount it would cost you to replace your car with something similar after an incident covered by your policy.
It’s important to review your amount covered when you renew your policy, as your car’s value is likely to have changed. You could try looking at car sales websites to see how much yours might go for. Doing so may help you avoid being under or overinsured.