What is car insurance?
Car insurance is a contract whereby, in exchange for a premium, your insurer agrees to pay for damage or losses defined in your insurance policy.
Comprehensive car insurance, for example, covers the cost of repairing or replacing your vehicle due to loss or damage caused by insured events like accidents and theft; and your liability for damage your vehicle causes to someone else’s property (e.g. their car and home).
What are the different types of car insurance?
Budget Direct offers four types of car insurance:
- Comprehensive, which covers loss or damage to your vehicle due to an accident (regardless of who’s at fault), severe weather, fire, vandalism, and theft; and damage your vehicle causes to other people’s property for which you are liable (e.g. their car and home).
- Third Party Property, which covers damage your vehicle causes to other people’s property for which you are liable (e.g. their car and home). It does not cover damage to your vehicle (unless it’s damaged in a no-fault accident with an uninsured driver, in which case your car has limited cover).
- Third Party, Fire and Theft, which provides the same protection as Third Party Property plus cover for loss or damage to your vehicle if it’s stolen or catches fire – but not if it’s damaged in a crash.
- Compulsory Third Party (CTP), which covers claims made against you for injuring or killing someone in an accident. CTP does not cover damage to your vehicle or other people’s property (e.g. their car and home).
The type of cover you have is shown on your car insurance certificate and in your online account.
We offer CTP, or ‘green slip’, insurance to NSW residents only.
At a glance
|Type of insurance||Comprehensive||Third party property||Third party, fire and theft||Compulsory third party|
|Damage to your car||At-fault uninsured driver only||Fire, theft, and at-fault uninsured driver only|
|Damage to other people’s property|
|Theft of your car|
|Injuries or death to other people|
Is my vehicle covered for off-road driving?
Are my car contents covered?
Budget Direct Comprehensive Car Insurance covers damage to personal belongings in the vehicle following an accident, up to $250 (standard); and both damage to, and theft of, any personal belongings in the vehicle, up to $500 (Gold) (plus another $500 for child seats or capsules).
Are the costs of a hire car covered?
If you’re a Comprehensive or Third Party Fire and Theft policyholder and your car is stolen and we pay your claim, we’ll supply you with a hire car similar to yours for up to 14 days, up to $1,000.
If you’re a Comprehensive policyholder, you can upgrade your cover and get a hire car if your vehicle is damaged in an accident. If we pay your claim, we’ll arrange for a compact hire car for you to use until your car is fixed or your claim is settled, up to 14 days, up to $1,000.
You can add this hire-car-following-accident benefit to your policy when you buy your cover or – if you’ve already bought it – by calling us on 1300 306 560 or logging into your online account and editing your policy.
Are trailers covered?
Comprehensive car insurance includes cover for collision damage to your trailer while it is being towed by your car, up to $500 (standard) or $1,000 (Gold). Please note that your trailer’s contents are not covered.
Are caravans covered?
I use my car for business – can I get cover?
Yes – we can insure a car you use for your business or occupation, as long as:
- you select ‘business use’ when you buy your policy; and
- it’s not used for any of the following:
- carrying passengers for payment (including taxis and/or ridesharing)
- making deliveries or carrying other people’s goods for payment (whether as a contractor or otherwise)
- driving tuition for payment
- hiring the car out to other people.
What things are not covered by car insurance?
There are some situations or circumstances that are not covered – these are called ‘exclusions’.
For example, a Budget Direct car insurance policy does not cover:
- unlisted household members
- accidents in which the driver was unlicenced or under the influence of drugs or alcohol
- vehicles used to carry passengers or goods for payment.
For the full list of exclusions, please read the product disclosure statement.
What is third party car insurance?
Third party car insurance comprises two levels of cover:
- Third Party Property, which covers your liability for damage your vehicle causes to other people’s property (e.g. their car and home). It does not cover damage to your vehicle (unless it’s damaged in a no-fault accident with an uninsured driver, in which case you have limited cover).
- Third Party Fire and Theft, which provides the same protection as Third Party Property plus cover for loss or damage to your vehicle if it’s stolen or catches fire.
Third party property damage insurance, which is voluntary, is different to compulsory third party (CTP) insurance, which all vehicles in Australia must have before they can be registered and legally driven on the road.
What is compulsory third party (CTP) insurance?
Compulsory third party insurance protects you against damages claims made against you (or the driver of your vehicle) for injuring or killing other drivers, passengers, motorcyclists, pedestrians, and/or cyclists in an accident.
It does not cover damage to your vehicle and other people’s property (e.g. their car and home).
All vehicles in Australia must have CTP cover before they can be registered and legally driven on the road.
In some states and territories, there is only one approved provider of CTP insurance, while other jurisdictions allow you to choose from several different providers.
Depending on which state or territory you live in, your CTP insurance premium is paid either as part of your vehicle registration fee or separately. (If you live in New South Wales, you can get your CTP, or greenslip, insurance through Budget Direct).
What’s the difference between third party property and compulsory third party (CTP) insurance?
Third party property insurance, which is voluntary, covers your legal liability for damage your vehicle causes to someone else’s property, including their car. (It’s also known as third party property damage insurance.)
CTP insurance, which is compulsory, covers your legal liability for injuring or killing someone else in a motor accident.
What would be the point in having third party car insurance, which does not cover damage to my car due to collision?
If your car has a low market value, you may decide that third party property cover is adequate – that it’s not worth paying a higher premium for comprehensive car insurance as, over time, it could outweigh the cost of replacing your vehicle if it was damaged in an accident.
Also, although third party property insurance does not cover damage to your car, it does cover your liability for damage your car causes to other people’s property, saving you having to pay their potentially expensive repair bills.
Note that Budget Direct third party insurance does provide limited cover – up to your car’s market value or $3,000, whichever is the lesser – for damage caused to your vehicle by an uninsured driver.
If I have only compulsory third party (CTP) insurance and I cause an accident, will I have to pay for the repairs to the other person’s car?
Yes – in most cases you’ll be required to pay for:
- the reasonable cost to repair the other person’s damaged car or the market value of the car (whichever is the smaller amount)
- towing costs
- demurrage (hire car costs, lost wages or profits for income-earning cars).
You can avoid these hefty costs by taking out Budget Direct third party car insurance. On acceptance of your claim, all you’ll need to pay is the excess; we’ll take care of the rest of the other person’s repair bill.
If you’re involved in an accident and are uninsured (apart from CTP, which is part of your registration), you should seek legal advice as soon as possible.
Would Third Party, Fire and Theft Insurance cover me if someone damaged my car while unsuccessfully trying to steal it or I had personal items stolen from my car?
I don’t drive my car a lot – can I get a discount?
If you clock up less than 12,000 kilometres per year, you can request a ‘low-kilometres policy’, which entitles you to a discount on your premium.
You must tell us the odometer reading of your car within 21 days of your cover starting and also at the time of any claim.
The kilometres per year you select will be shown on your insurance certificate and in your online account.
Note that if you exceed this limit or do not provide us with your odometer reading when required, and then make a claim, you’ll have to pay an additional excess.
How can I pay for my car insurance?
You can pay your car insurance premium by direct debit from your bank account or credit card, or by PayPal.
You can pay fortnightly, monthly or annually (the last option is the most economical).
Is it cheaper to pay my premium annually?
Yes – by paying annually instead of in instalments (i.e. fortnightly or monthly), you’ll pay a lower premium and avoid administration fees.
How is the cost of car insurance – the premium – calculated?
There are lots of factors that can influence your premium, including:
- your level of cover – comprehensive insurance costs more than third party cover
- value for which your car is covered – expensive cars cost more to replace
- insurance excess – the higher your excess, the lower your premium, and vice-versa
- your age – typically, younger drivers pay more
- type of car – the higher your car’s performance, for example, the larger the premium tends to be
- vehicle use – if your car is used for business, you’ll pay more
- where you keep your car – if your car is parked overnight on the street rather than in a garage, your premium will be higher
- claims history – the fewer claims you and any other listed drivers have made in recent years, the less you’ll pay.
What factors affect the price of my NSW CTP, or green slip, insurance?
The main factors that determine the price are the type and age of your vehicle, how it’s used and where it’s garaged; and your age, driving history and claims history.
CTP prices can vary considerably between different insurers. If you’re shopping around for the best price on CTP insurance, why not compare and see if you could save with Budget Direct?
How long is my NSW CTP insurance effective for?
You can buy green slip cover for six or 12 months.
Does my NSW CTP insurance cover me if I drive interstate?
Your CTP green slip insurance covers you no matter where you drive your car in Australia.
How do the CTP green slip reforms, that started on 1 December 2017, affect me?
What is a product disclosure statement?
A product disclosure statement (PDS) is a document containing all the things you need to know about an insurance product.
Budget Direct’s car insurance PDS comprises two separate parts:
Part A contains general information about the product, including:
- permitted use of the car
- types of cover
- what is covered (the ‘benefits’) – and the terms and conditions under which these benefits are provided
- what is not covered (the ‘exclusions’)
- how to claim
- car repairs.
Part B contains specific details about the product, including:
- benefit-amount limits
- excess types (Basic and additional excesses)
- optional benefits
- administration and cancellation fees.
How soon after buying my car must I insure it?
You’re responsible for your car as soon as you buy it; before driving it anywhere, it’s advisable to insure it.
All vehicles in Australia must have compulsory third party (CTP) insurance before they can be registered and legally driven on the road.
If the car you’re buying is already registered, the CTP insurance will be transferred to you – you won’t have to buy CTP insurance for the vehicle until the current registration expires.
CTP insurance doesn’t cover loss or damage to your car or damage to other people’s property, unlike other types of car insurance.
How much can I insure my car for?
With Budget Direct, you can insure your car for its market value or, in some cases, for an agreed value.
Market value is the reasonable cost to replace your vehicle with one of the same make, model, age, mileage and overall condition.
To get an idea of what your car may be worth, search for it in the Red Book or on car sales websites.
Please note that the prices provided by these sites are only meant to be a guide. Your car's market value will be determined by us at the time of the loss or damage.
Agreed value is the amount we agree to insure your car for. We may offer you an agreed value, provided:
- your car is less than 10 years old; and
- your vehicle has not been converted to LPG; and
- the agreed value is within an acceptable range of the market value.
The value for which your car is covered is shown on your insurance certificate and in your online account.
What if I’m trading in a vehicle to buy a new one?
If you’re trading in your vehicle, you’re responsible for it until the purchaser/dealer takes possession of the vehicle.
You can then insure your new car by changing the vehicle details on your existing Budget Direct policy, either by calling us on 1300 306 560 or logging into your online account and editing your policy.
If you replace your Budget-Direct-insured car with a similar one, we’ll automatically provide the same level of cover for your replacement vehicle for 14 days from the purchase date – even if you don’t contact us. (Cover for your previous car ends at the same time.)
Your replacement vehicle will be temporarily insured for its market value or purchase price, whichever is lower.
You’ll just need to make sure you update your existing policy before the temporary cover expires.
I’m buying a car on finance – do I need to do anything in particular?
If you’re buying your car on finance, ask the finance company whether they have any special insurance requirements.
They usually require the car to be comprehensively insured and for you to provide proof of insurance – a certificate of currency, for example, which we can give you.
Can I transfer my no claim bonus from my current insurer to Budget Direct?
Which drivers must be listed on my policy?
You must list any household members (including learner, provisional and occasional drivers) who may drive the car. Unlisted household members won’t be covered.
Any non-household members who drive the car are automatically covered. If you list them on your policy, you’ll avoid having to pay the unlisted driver excess (other excesses may apply).
What insurance policy documents can I expect to receive?
Your car insurance policy documents comprise:
- Certificate of insurance – your proof of insurance, including your sum insured, excesses and add-on benefits.
- Policy schedule – contains a summary of what you have disclosed to us in regard to the insured vehicle and drivers.
- Product disclosure statement – tells you everything you need to know about the product, including the terms, conditions, limits and exclusions that apply; and how to make a claim.
How quickly after getting my NSW CTP, or green slip, insurance will I be able to register my car?
We’ll notify Roads and Maritime Services (RMS) electronically when you purchase your green slip, even if you’re registering the car for the first time.
Please allow one hour for the notification to go through.
You no longer need to present a hard copy of the green slip receipt.
I’ve had a car accident – what should I do?
If you’ve had an accident, and assuming you’re physically able to, you should:
- Make sure you and anyone else involved is safely off the road.
- Call 000 if there are injuries or hazards.
- Get the details of the other drivers – name, address, contact number and registration number – and give them yours (it’s a legal requirement; if anyone refuses, call the police).
- Try to get the names, addresses, and contact numbers of any witnesses.
- If possible, take photographs at the accident scene.
- If your vehicle is undriveable, call us on 1300 885 996 to organise a tow or, if you prefer, book your own.
- Make a claim
Can you arrange for my vehicle to be towed?
Yes – if your car is undriveable, we can arrange for it to be towed from the accident scene to the tow company’s yard and, in turn, to our motor-vehicle assessors and repairers.
My car’s undriveable – am I covered for the cost of a taxi home?
If you have Comprehensive Car Insurance, you’re entitled to emergency transport (and accommodation) – up to $100 per day, up to a total of $300 (standard) or $850 (Gold).
I’ve had an accident and can’t get home – am I covered for accommodation?
If you have Comprehensive Car Insurance, you’re entitled to emergency accommodation (and transport) – up to $100 per day, up to a total of $300 (standard) or $850 (Gold).
My car’s been stolen – what should I do?
How do I make a claim on my car insurance?
If your car’s been damaged or stolen and you need to make a claim, we’re here to help get you back on the road as quickly and smoothly as possible.
How do I book a time to have my vehicle’s damage assessed?
You can book a damage assessment when you lodge your claim – either by calling us on 1300 885 996 or logging into your online account to lodge it.
If you’re not sure what your schedule looks like at that point, you can book the assessment later.
To avoid any unnecessary delays, please lodge your claim and book an appointment before taking your damaged-but-driveable car to one of our vehicle assessment centres.
Where must I take my car for its damage assessment?
If your vehicle is driveable, we’ll ask you to take it to one of the following, depending on your location:
- one of our vehicle assessment centres – in Sydney, Melbourne, or Brisbane; or
- one of our selected repairers; or
- a local repairer (if there isn’t an assessment centre or selected repairer near you).
If your car is assessed by a local repairer, we’ll ask them to send us a repair-cost estimate and images of your vehicle’s damage.
We’ll then decide whether to assess your car remotely or to send one of our own assessors to inspect your vehicle’s damage.
If your car is not driveable, we’ll arrange for it to be towed to an assessment centre, selected repairer or other location for an assessment.
What exactly does a motor-vehicle assessor do?
A motor-vehicle assessor evaluates the extent of the damage to your car before deciding whether it’s economical to repair or a total loss (i.e. a write-off).
If it’s repairable, they’ll determine the best way to fix the car and how much it will cost.
Who will repair my car?
After your car’s damage has been assessed and we’ve authorised the repairs, we’ll – for your convenience – appoint a repairer and manage the whole repair process on your behalf.
Our selected repairers use the latest equipment and methods and are required to carry out each repair to a high and safe standard.
All repairs authorised by us are guaranteed for as long as you own the vehicle.
How quickly can I expect my car to be repaired?
Each repair job is different, so it’s difficult to say for certain how long each job will take. Some can take a few days, others up to two weeks or more, depending on the severity of the damage.
Your repairer will give you an estimate of how long the job is likely to take and keep you informed of progress.
How do I get my repaired vehicle back?
Normally, you would collect your fixed vehicle directly from the repairer.
If that’s not possible, please call us on 1300 139 591 to discuss alternative arrangements.
Do you guarantee repairs to my car?
Can I choose my own repairer?
You can choose you own repairer, as long as we’re satisfied the repairer:
- intends to use an efficient repair method that will restore your car’s safety and utility, and
- has the equipment and skills necessary to carry out the repairs to our quality standards, and
- provides a competitive quotation to repair your vehicle.
If the repairer fails to meet any of these conditions, we will:
- arrange to have your car repaired by another repairer chosen by us; or
- pay you the reasonable cost of a satisfactory repair, as determined by us.
My car’s a total loss, or write-off – what happens now?
If we decide your vehicle is a write-off, we’ll negotiate with you to either:
- pay you the value for which your car is covered; or
- offer you a new car replacement, if you purchased the car new or as a demo model and it becomes a total loss:
- within two years or 40,000km (whichever comes first) of the original registration (Gold Comprehensive Car Insurance)
- within one year or 20,000km (whichever comes first) of the original registration (standard Comprehensive Car Insurance).
If your car is financed, we’re obligated to pay the finance company any money you still owe them.
We’ll arrange and pay for your written-off vehicle to be towed away from the repair shop and disposed of.
Can I make repairs to my car myself?
Except for essential repairs of up to $500 to make your vehicle driveable following an accident, all repairs must be authorised by us.
What if my stolen car is not found?
If your stolen vehicle is not found, we’ll pay you the amount for which your car is covered.
What if my stolen car is found but is damaged?
If your stolen vehicle is found and the damage bill is greater than your excess, we’ll either pay for it to be repaired, or write it off and pay you the amount for which your car is covered.
What is a car insurance excess?
An excess is the fixed amount you pay towards a claim for damage to, or loss of, your vehicle.
For example, if your excess was $600 and your damage bill $3000, you would pay $600 and we would pay $2400.
You won’t have to pay an excess if the accident is deemed a no-fault accident.
What is the purpose of the excess?
The excess is designed mainly to eliminate small claims that have a high administrative cost relative to the value of the claim – which in turn helps keep your premiums down.
If I make an insurance claim, what will my excess be?
Unless you or another driver of your vehicle have a no-fault accident, you’ll be required to pay:
- your Basic Excess
….as well as any additional excesses that apply, namely:
- driver is under 24 years of age inclusive
- driver has not held a full Australian licence for at least two years
- driver is not listed on your insurance certificate
- vehicle has exceeded annual limit of 12,000km (applies only to ‘low-kilometres’ policies).
The dollar amounts of your Basic Excess and the additional excesses are shown on your insurance certificate and can also be viewed in your online account.
Do I have to pay an excess if the accident was not my fault?
No – as long as:
- we decide the driver of another vehicle was entirely at fault, and
- you tell us the at-fault driver’s full name, address, and vehicle registration, and
- the amount of your claim is more than your Basic Excess.
Can I change my excess?
Yes – you can change your Basic Excess at any time. If you increase your excess, we’ll lower your premium (and vice-versa).
To change your excess, call us on 1300 306 560 or log into your online account and edit your policy.
Do I have to pay an excess if my car is damaged by hail or floodwater?
Do I have to pay an excess if I’m claiming for a cracked or broken car window?
Yes – your window-glass excess is the same as the minimum Basic Excess, however you have the option of reducing it to just $40.
You can do this when you buy a policy or – if you’ve already bought one – by calling us on 1300 306 560 or logging into your online account and editing your policy.
Do I have to pay an excess for malicious damage?
Yes – but only your Basic Excess.
When do I have to pay the excess?
If an excess is applicable to your claim and your car is repairable, we’ll ask you to pay the excess before the repairs start.
If your vehicle is written off, we’ll deduct the excess from the final settlement amount we pay you.
What is a no-claim discount?
A no-claim discount (NCD) is a discount you receive on your Comprehensive Car Insurance premium for every year you go without making an at-fault claim. (It’s also known as a no-claim bonus.) The more years you remain claim-free, the lower your premium.
At Budget Direct, the NCD is capped at 5+ years. When you reach this ceiling, we’ll give you a Rating 1, which entitles you to the maximum discount.
(Ratings start at 6 and decrease for every consecutive year you don’t make a claim; the lower your rating, the bigger your discount.)
If ‘Rating 1 for Life’ is shown on your insurance certificate, you’ll keep your maximum discount for life – as long as you continue to take out NCD Protection.
Note that, if your claim stems from an accident you caused, we’ll reassess your risk premium, regardless of your NCD history.
So while you may not lose your NCD, the discount may apply to an increased premium that reflects your higher risk rating.
What happens to my no-claim discount if I make a claim?
Each time you make a claim, your no-claim discount (NCD) is reduced by two years on renewal of your policy, unless:
- the accident is not your fault
- the damage is caused by weather (e.g. hail)
- your claim is for window glass only
- you have NCD Protection (subject to conditions).
Can I protect my no-claim discount (NCD)?
Yes. For a additional premium, you can get NCD Protection, which allows you to make a specified number of claims without affecting your NCD – even if the accident was your fault.
You’ll be able to make one claim per year or two claims in a three-year period without affecting your NCD.
My car’s been damaged in an accident caused by a Budget Direct policyholder – what happens now?
When you have reported the incident to us, we can arrange for your car’s damage to be assessed. On acceptance of the claim, we’ll authorise the repairs or cash settlement.
How can I see my policy details?
You can view and manage many of your car insurance policy details – including your contact details, payment preferences, drivers, excesses and optional benefits – through your online account.
(You can also see some of this information on your certificate of insurance.)
How do I set up an online account?
It will vary, according to the following scenarios:
If you buy car insurance online
When you buy your policy, an online account will be automatically set up for you; you’ll be able to view your policy details immediately. Before you go, we’ll ask you to create a password so you can log into your account later.
If you buy car insurance over the phone
We’ll ask you to provide us with your email address. We’ll then email you instructions for creating a password so you can log into your online account.
If you’ve bought car insurance but don’t have an online account
You can register for an online account
What changes can I make to my policy?
Among the things you can change on your car insurance policy are:
- contact details
- payment preferences
- listed drivers
- driver-age restrictions
- kilometres driven per year
- optional extras (e.g. accident hire car)
- excess (Basic)
- car details (e.g. modifications)
- driving and claims history.
I’ve forgotten my account username and password – what must I do?
If you forget your username and/or password:
- Go to the Policy Manager web page.
- Click on the Forgot password? or Forgot username? link.
- Verify you are the account holder by typing in your policy number and personal details.
- Create a new password.
Can I change my payment method or frequency?
Yes – you may change the payment method any time you want, however you may change the payment frequency only once a year, when you renew your cover.
You can also push back your payment date by up to 14 days, for example if you get a new job and your pay cycle changes; or if you’re temporarily short of funds.
To change your payment arrangements, log into your online account.
What happens if I don’t pay my premium?
If you don’t pay your premium when it’s due, we’ll send you a friendly reminder via SMS. To pay your overdue premium, you can either:
- click on the link in the SMS and follow the instructions; or
- log into your online account and follow the prompts.
Note that if you pay fortnightly or monthly and your payment is overdue by 14 days or more, any claim you make can be refused.
If your payment is overdue by a month or more, your policy can be cancelled.
How do I renew my car insurance cover?
At least 14 days before your car insurance policy expires, we’ll send you a renewal notice.
Unless you’ve requested otherwise, your policy is set to renew automatically – saving you having to remember and reducing the risk of your car being uninsured.
How to respond to your renewal notice:
|If your policy is set to...||And you want it to be...||Do this...|
|Cancelled||Call us on 1300 306 560|
|Manual renewal||Renewed||Log into your online account or call us on 1300 306 560|
|Cancelled||Call us on 1300 306 560|
I’m selling my car – what do I need to do?
If you’re selling your vehicle and buying another one, you can quickly and easily transfer your Budget Direct car insurance to your new car. Simply follow these steps:
- Log into your online account.
- View your car policy.
- Click or tap on the ‘Change’ button on your dashboard.
- Answer some questions about your new vehicle.
- Select the policy options you want to add.
- View the details of your updated policy, including the new premium.
- Pay any additional premium that may be due.
If you don’t intend to replace the car, you can cancel your insurance policy by calling us on 1300 306 560.
I’m moving house – do I need to let you know?
The car finance company has asked me for a certificate of currency – what is that?
A certificate of currency is a document that proves your car is insured.
Among other things, the certificate shows the period of insurance, the sum insured, and the interested party, namely the finance company.
It assures the finance company that, if your car was written off in an accident, the company would be the first to be paid out.
How can I get my certificate of currency?
Can I cancel my car insurance policy?
Yes – you can cancel your policy at any time.
If you cancel it within 21 days of the purchase date – the cooling-off period – you’ll receive a full refund of your premium payments (as long as you have not made any claims).
If you pay your premium annually and cancel after the cooling-off period, you’ll be refunded a pro rata amount, i.e. any unused portion of your premium (minus the cancellation fee).
What happens to my compulsory third party (CTP) cover if my car registration expires?
Your CTP cover expires at the same time as your vehicle’s registration.
In other words, if you forget to renew your registration and your unregistered car is involved in an accident resulting in injury or death, you can be sued for a lot of money.
How can I get cheaper car insurance?
By not insuring unsafe drivers like Captain Risky, we can keep car-insurance premiums low for safer drivers like you.
Depending on the type of car insurance you choose, there are lots of ways you can reduce your premium even further:
- Select the right level of cover. Do you need comprehensive cover for your car, or would third party fire and theft or third party property damage insurance be enough?
- Set a driver-age restriction. You can get a lower premium by restricting your policy to drivers over a certain age (21+, 25+, 30+, 40+, 50+).
- Get a ‘low kilometres’ policy. You can get a reduced premium if your car travels less than 12,000km a year.
- Increase your excess. If you’re comprehensively insured, you can increase your Basic Excess and we’ll reduce your premium.
- Maintain a good driving record. For each claim-free year, you’ll receive a no-claim discount (NCD) on your premium; the NCD is capped at 5+ years, at which point we’ll give you a Rating 1.
Important note: The answers to the following questions are general in nature and do not take into account your personal objectives, financial situation, and needs. Before buying an insurance policy, you should read the product disclosure statement.