Motor Vehicle Insurance
Motor Vehicle insurance can cover your motor vehicle against accidental damage and theft. It can also protect you from the financial costs of repairing or replacing another person’s vehicle in an accident where you’re at fault. You can generally choose to insure your car for an agreed amount, or for the market value of your vehicle.
Who should consider it?
If your car is damaged in an accident where you’re at fault, having comprehensive motor vehicle insurance helps to pay for repairs – or can replace it all together if your car is written off. If your car is stolen, comprehensive motor vehicle insurance can pay you the agreed or market value, so you can buy another car.
Third party property damage insurance - can cover the costs you may be liable to pay if you are at fault and damage or write off someone else’s car - is also available. However, if you only have this cover, there’s no cover for any damage to your own car.
What can it cover?
Motor Vehicle insurance provides you with extensive protection if your vehicle suffers loss or damage.
Coverage can include
Cover to help repair or replace your vehicle if it’s damaged or stolen.
Cover to help you pay for damage you cause to another person’s vehicle.
Choice of your own repairer or one from our preferred repairer panel.
Re-keying and re-coding of vehicle keys if they are stolen.
Cover for the cost of a rental car for up to 14 days, if your car is stolen.
Up to $30 million of legal liability cover.
The option to include one excess free windscreen claim per year.
The option to include hire car cover following an accident.
What usually isn't covered?
Each policy is different, but generally you won’t be covered if the vehicle is:
Being driven by an unlicensed driver
Being driven by you or any other person while under the influence of any drug or alcohol.
Being used in any motor sport or time trial.
There are other exclusions which we can outline for you. In addition, there is a deductible/excess.
Motor Vehicle Insurance Claim Example
On her way home from work, Sylvia was involved in a minor accident with a SUV, which was her fault. While the other car had a minor scratch, her car had some serious damage.
After pulling over, Sylvia contacted us and arranged for her car to be towed and assessed. Because her policy also contained a rental car inclusion, we helped Sylvia arrange a hire car so that she could get to work while her car was off the road.
An assessor contacted her the next day, letting her know that her car could be fixed and that her insurance would cover the cost. They arranged to have it repaired at her smash repairer of choice. While she was waiting for her car to be repaired, Sylvia had access to the rental car – with the cost also covered by her policy
Contact our friendly team today to discuss your needs.