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Motor Vehicle Insurance
Our Motor Vehicle insurance policies give you the freedom to choose the most suitable cover for your needs. With emergency or temporary repairs, replacing your vehicle after a total loss, hire vehicle costs after theft or attempted theft and liability cover, our motor vehicle insurance will give you extensive coverage that is value for money.
A choice of policies
Motor Vehicle Insurance Policy
This policy is our most flexible and, like all our policies, offers real value for money. This policy provides cover for loss or damage to your car, motorcycle, trailer or horse float.
Nominated Driver Car Insurance Policy
If you choose this policy your premium will be calculated on the basis that your car will only be driven by no more than two nominated drivers who are 25 years of age or over. This is only available for cars.
A choice of covers
Comprehensive
Covers your car, motorcycle, trailer or horse float for loss of damage and also covers you for legal liability when loss or damage to another person’s vehicle or property occurs.
Third Party Fire and Theft
Covers your car or motorcycle for loss or damage by fire or theft and also covers you for legal liability when loss or damage to another person’s vehicle or property occurs.
Third Party Property Damage
Covers you for legal liability for loss or damage to another person’s vehicle or property when you have insured your car or motorcycle.
Cover |
Comprehensive (available for your car, motorcycle, trailer or horse float) |
Third Party Fire & Theft (available for your car or motorcycle) |
Third Party Property Damage (available for your car or motorcycle) |
| Uninsured Motorist Damage |
Full cover |
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| Earned no claim bonus protection |
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| Replacing your vehicle after a total loss |
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| Hire vehicle costs after theft or attempted theft |
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| $20m Liability cover |
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| Windscreen Extension Option |
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| Trailer Damage |
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| - Baby capsules and child seats |
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| - Emergency repairs |
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| - Personal items |
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| - Re-coding of locks and barrels after theft of keys |
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| - Removal of debris |
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| - Storage costs |
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| - Towing your vehicle |
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Additional covers at no extra cost
Our motor vehicle insurance has many important features like:
Uninsured motorist damage
If your vehicle suffers loss or damage as a result of a collision with an uninsured vehicle and you are not at-fault, we will cover the cost to repair your vehicle, including towing your vehicle up to $5,000 (inclusive of GST). The vehicle that caused the damage to your vehicle must be uninsured. You will need to provide us with
- the name and current residential address of the driver responsible for the collision,
- registration details of the other vehicle,
- proof that the other vehicle was uninsured.
We must agree that the collision was the other driver’s fault.
Replacing your vehicle after a total loss
If your vehicle is a total loss as a result of an incident we have agreed to cover, we may decide to replace your vehicle with a new vehicle. We will only do this if your vehicle is a:
- car less than two years old and has not travelled more than 30,000 kilometres,
- car more than two years old, but less than three years old, and has not travelled more than 50,000 kilometres, or
- motorcycle less than one year old.
Hire vehicle costs after theft or attempted theft
If your vehicle is stolen, or it is unsafe to drive, ride or tow as a result of theft or attempted theft, we will pay (inclusive of GST) the cost of a hire vehicle. We will pay this cost from the time the theft or attempted theft occurred until your vehicle is recovered and repaired, or until we settle your claim
if your vehicle is a total loss, up to a total of 14 days, whichever is the shortest period of time.
Liability cover
We will cover your legal liability following an incident that causes loss or damage to someone else’s property, or death or bodily injury to other people, up to $20,000,000 (inclusive of GST).
Trailers attached to your vehicle
If a trailer suffers loss or damage as a result of an incident we have agreed to cover, while attached to your vehicle. We will pay the cost to repair or replace it, up to $1,000 (inclusive of GST) whichever is the least amount.
Emergency or temporary repairs
If your vehicle needs emergency or temporary repairs as a result of an incident we have agreed to cover, so that it can be driven or used. We will cover the cost of repairs, up to $500 (inclusive of GST) per incident.
Optional covers available for an additional premium
You can broaden the scope of your cover by adding options like:
Windscreen Extension Option
We will cover the costs (inclusive of GST) to repair or replace the windscreen or window glass of your vehicle if there is no other damage. This option allows you to make a claim once during your period of insurance without paying an excess, and without it affecting your No Claim Bonus.
Excess
This is the amount you pay when you make a claim on your policy. The type of excess that applies to your policy and the amount of that excess will be listed on your schedule.
Easy premium payment options
We make it easy for you to pay your premiums. With our EasyPay insurance options, you can pay your insurance premiums monthly from your selected account. That means you’ll avoid those once-a-year payments and you won’t have to keep track of different renewal dates. You can also add, cancel or amend policies anytime and, best of all, paying monthly costs nothing extra. Of course, if you’d prefer to pay your premiums annually, you can, the choice is yours.
These insurance products are issued by CGU Insurance Limited ABN 27 004 478 371. An IAG Company.
You should consider the Product Disclosure Statement (PDS) in deciding whether to buy or hold these products.
MyState Financial acts under its own AFS License and under an agreement with the insurer, CGU Insurance Limited ABN 27 004 478 371.
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