If you hold trailer insurance and your trailer or horse float is less than two years old and is written off as a total loss, we'll replace it with a new one of a similar make and model, if you were the first owner. For other written off trailers and horse floats, you are covered for the agreed value or market value (depending on your policy type) to help you find a suitable replacement.

See the PDS for the full terms and conditions of when each type of cover applies.