How do you calculate the price of protection?

We calculate your item protection rate based on the item’s value and on your personal profile, which includes factors such as your age and location. Although the price for protecting your items is shown in the app on a per day or per month basis you can also protect your item for less than a day. This will be calculated accordingly so you are charged an exact amount.

Each time you renew your policy the price you pay may change, even if your personal circumstances have not changed, as the price you pay is also affected by other things including:

  • the cost of current and future claims;

  • new and updated data;

  • other commercial factors;

  • changes in government taxes or charges; and

  • our expenses of doing business.

We will always notify you prior to any price changes so that you are aware.