Cover for vehicles or property damaged by the policyholder's vehicle only.
How are insurance premiums for vehicles calculated?
Each insurance company approaches premium calculation in a unique way, giving rise to a great deal of competition. Many factors are considered including (but not exclusively):
Other things you need to consider before taking out motor vehicle insurance:
Your insurer needs to be told about modifications or accessories added to the vehicle.
You need to disclose particulars of every matter that is relevant to the decision of the insurer to offer you cover and as may be requested by the insurer, such as past traffic offences, fines, loss of license and criminal history. The insurer has a right to know and will typically factor this in to the risk you present under an insurance policy. In the event of a claim you may not be covered if you do not disclose this information.
You have the same duty of disclosure each time the policy is renewed. If your circumstances or the details of the vehicle have changed since the last renewal you must inform them
In some cases it will be necessary to name and provide details (age etc) for all of the drivers of the vehicle, claims may not be paid for other drivers who are unlisted.
Don't purchase by price alone - Look for a product that is most suitable for your circumstances and needs .
Check what you buy - Read the Policy Document and Product Disclosure Statement carefully
Whether it’s Uber, Ola OR DiDi, does your insurance cover your for rideshare? Most insurance providers will ask if you provide rideshare services.
The insurance companies see rideshare as driving a passenger for a fee, this is why you need to advise them when you rideshare.
If you do not disclose this, you claim may be refused or declined.
Whether it’s a classic, vintage, luxury, prestige, sports, high performance or imported vehicle you need a top quality insurance product to protect your asset. We can assist in arranging a prestige motor insurance policy for you for your pride and joy. Most insurers provide options for:
Obtaining this type of insurance can be challenging, however our team of experts will assist you in arranging a prestige policy for your prestige vehicle.
Katherine (08) 7919 7019
2/46 Chardon St