Purchase Price Insurance

Purchase Price Insurance (PPI) provides cover when the payout from the insured's comprehensive motor vehicle insurance policy for a total loss is less than the vehicle's purchase price. To apply for Purchase Price Insurance, the customer's vehicle must be Less than 5 years old and comprehensively insured.

The insurance provider will pay the difference between the purchase price of the vehicle and the combined total of the total loss payment and the excess, up to the maximum amount determined by the chosen level of cover.

Purchase Price Insurance Quote

If you are interested in obtaining an Purchase Price Insurance quote, you can talk directly to your finance consultant or call our sales number on 1300 554 553.

Platinum Direct Finance Australia Pty Ltd ABN 29 117 660 938 AR number 300880 arranges insurance as an authorised representative of the insurer Allianz Australia Insurance Limited ABN 15000 122 850 AFSL 234708 of Level 12, 2 Market Street, Sydney NSW 2000.

We do not provide any advice in relation to this insurance or have given any consideration to your objectives, financial situations or needs. Before making a decision about it please refer to the Product Disclosure Statement available from our website.

If you purchase this insurance we will receive a commission that is a percentage of the premium. Ask us for more details before we provide you with any services on this product.