Car- Insurance

Claim on your policy by calling us on 13 27 22 We understand that having your car damaged or stolen is a stressful experience – we can answer all your questions and help you with everything that needs to be done. Call us as soon as possible if your car has been: • damaged and/or has caused damage to another person’s property; • stolen – report the theft immediately to the police and us. You can help us by noting the details of the incident. Other than telling us what happened, the most important details we need are: • the registration number of any other vehicles involved; and • the names, addresses and phone numbers of their drivers, the owners of any other property damaged and any witnesses. Excesses An excess is the amount you must contribute towards each claim. The excesses we apply are: • Basic Excess – applies to all claims. • Age Excess – applies based on the driver of the car at the time of the incident. • Additional Excess – may be applied when some aspects of the car or drivers to be insured fall outside our normal underwriting guidelines. We will tell you if any excesses apply to your claim and, if so, whether payment is to us, to the repairer or whether we will deduct it from any amount we pay you. You will not have to pay an excess for claims resulting from: • incidents involving another vehicle where we agree the driver of the other vehicle is at fault; • the theft of your car; • malicious damage to your car; and you can provide us with the name, address and registration number of the person responsible. For all other claims, any excesses that apply must be paid by you. When your car has been damaged When your car has been accidentally damaged in an incident covered by your policy, at our option we will, either: Back to Contents Page 6 • repair your car; or • pay you the cost of repairing your car; or • declare your car a total loss. If your car can be safely repaired we will choose the repairer and ensure that the repair is properly completed. You must: • make your car available to us if we require it; • not carry out or have any repair work carried out without our prior authorisation other than ‘Emergency Repairs’ – see page 10. Guaranteed repairs We guarantee the quality of the materials and workmanship used in repairs we authorise for as long as you own your car. We will rectify any problems arising from the repair that we agree have been caused by faulty materials or workmanship. The parts we use When we repair your car and it is: • within the manufacturer’s standard new car warranty period (but not an extended warranty period), we use manufacturer’s approved parts or parts which meet Australian Standards. • outside the manufacturer’s standard new car warranty period, we may use new non-genuine or second-hand parts, suitable for the age and condition of your car. All parts used will comply with Australian standards where applicable. If a component is damaged and a replacement is no longer available, we will pay you the last known cost of the component or the cost of a similar replacement. We will only cover the damaged component. Your contribution If the repairs to your car will put it in a better condition than it was before the incident, we may require you to contribute towards the cost of the repairs. What we cover as your car The car covered by this policy is the car described on your current schedule. It includes options, accessories and any modifications fitted to the car. Geographical limits This policy covers you for an incident occurring within Australia. Comprehensive When your car has been damaged (continued) Back to Contents Page Back to Contents Page 7 Comprehensive What your policy covers Loss or damage to your car We cover: Loss or damage caused by: • accidental damage, including: – damage caused by the driver of another vehicle, including damage caused by an uninsured driver; – a fire or weather incident; – malicious damage by a person other than you or your family; • theft, including: – if your car is stolen and not recovered or recovered in a damaged condition. Limit: We will pay up to the Agreed Value. We do not cover: • bushfire or flood for the first 48 hours after the start of your policy unless: – you bought the car in the 24 hours before the policy commenced; or – your policy commenced immediately after another policy covering the same risk expired, without a break in cover. • any increases in the Agreed Value for the first 48 hours when the loss or damage is due to bushfire or flood. Note: We will at our option, either: • repair your car; • pay you the cost of repairing your car; or • pay you its Agreed Value. Loss or damage to another person’s property – your legal liability We cover: Your legal liability for accidental damage to another person’s property arising from the use of: • your car; • a trailer attached to it; • a substitute car if your car is being repaired or serviced. Limit: We will pay up to $20,000,000 for all claims arising from the one incident including the legal costs of defending any claims against you provided we appoint the solicitors. We do not cover: • you for property you own, or are responsible for, or which belongs to someone who normally lives with you; • legal liability for death or bodily injury; • loss of or damage to the substitute car you are driving. Back to Contents Page 8 When your new car is declared a total loss We cover: We will replace your car with a new car of the same make, model and series with the same options and accessories provided it is available in Australia, and pay all on-road costs when: • your car has been accidentally damaged or stolen; and • we declare it to be a total loss; and • we have insured it for private use. Limit: You must be the first registered owner of your car and less than two years have passed since it was first registered. Note: This benefit does not extend to ex-demonstrator cars. You will be responsible for any increased cost resulting from your selection of any specifications, options and accessories different to those on your insured car. You must obtain any refund of registration on your insured car and pay it to us. If your car is under finance, we will need to receive consent from your financier before we can replace it. The new car will continue to be covered under this policy provided you pay us any additional premium we require. If a new car of the same make, model and series with the same options and accessories is not available in Australia we will pay you the Agreed Value as shown on your current schedule. Note: We will also cover: • another person’s legal liability when using your car with your permission providing the person is someone we would ordinarily insure; • your employer, partner or principal if your car was being used in the course of your work relationship. When we declare your car a total loss Limit: The most we will pay is the Agreed Value. Note: When we make our payment your policy comes to an end. Our payment will be less any excesses, unpaid portion of your premium and the unused portion of your registration. Your car, including any options or accessories fitted to it, becomes our property. What your policy covers (continued) Comprehensive Back to Contents Page Back to Contents Page 9 Comprehensive Note: (cont) If you do not want a new car, we will pay you the Agreed Value as shown on your current schedule. Whenever we pay the Agreed Value your policy will come to an end and no refund of premium will be due to you. Our payment will be less any excesses and any unpaid portion of your premium. Hire cars When your car has been stolen: The hire car will be available to you for up to 14 days from when you reported the theft to us. The hire car must be returned to the rental company immediately if less than 14 days have passed and you are advised that your car has been: • recovered undamaged; or • repaired by us after being recovered damaged; or • declared a total loss by us and we have paid the Agreed Value. Optional cover – a hire car when your car has been accidentally damaged: When you have added this option to your policy, it will be shown on your current schedule. The hire car will be available to you for up to 14 days from when you lodged your claim with us. The hire car must be returned to the rental company immediately if less than 14 days have passed and we advise you that the repairs of your car have been completed, or your car has been declared a total loss by us and we have paid the Agreed Value. Limit: We provide you with a small category hire car and pay the rental fee for up to 14 days when: • your car has been stolen; • your car has been accidentally damaged (and you have selected the optional cover). Note: You are responsible for all running costs and any extra expense, including paying a deposit to the hire car company. If you withdraw your claim or we do not accept it, you may be required to refund to us any rental fee we have paid. If the hire car we have authorised is stolen or accidentally damaged during the period it is provided to you, you will need to make a new claim on your policy and the applicable excesses will be payable. We will not pay for a hire car if the car rental company rules determine you are not eligible to hire a car. Payment for the hire car is with a hire car company of our choice. This benefit is paid in addition to the Agreed Value. What your policy covers (continued) Back to Contents Page 10 Towing your damaged car We cover: When we accept a claim for loss or damage to your car, we will also pay towing costs when your car has been: • damaged and cannot be safely driven; • recovered in a damaged condition after being stolen. Limit: Reasonable costs. Note: This benefit is paid in addition to the Agreed Value. Emergency repairs We cover: Emergency repairs you authorise to your car after it has been accidentally damaged and the repairs enable it to be safely driven. Limit: Up to $500. Note: This benefit is paid in addition to the Agreed Value. Emergency assist We cover: When you and your family members travelling with you within Australia are more than 100 km away from your home and: • your car is stolen or damaged and cannot be driven, we will reimburse you the reasonable cost of additional transport and accommodation needed to get you to your destination or back to your home. Limit: Reimbursement up to $1,000. Note: It is your responsibility to arrange additional transport and accommodation. You will need to provide us with receipts so we can reimburse your costs. This benefit is paid in addition to the Agreed Value. Your personal belongings We cover: Personal belongings accidentally damaged as a result of a motoring accident or lost or damaged when your car was stolen. Limit: Up to $500. We do not cover: • tools or equipment used in any business, trade or profession; • your personal belongings not inside your car at the time of the incident; • cash, documents, gift vouchers and other negotiable items; • mobile phones, portable computers, music systems and similar devices. What your policy covers (continued) Comprehensive Back to Contents Page Back to Contents Page 11 Comprehensive Note: This benefit will only be paid if we have agreed to pay a claim covered under ‘Loss or damage to your car’. We may require proof of ownership and evidence as to the extent of loss or damage when you claim on this benefit. This benefit is paid in addition to the Agreed Value. Your campervan or motorhome’s contents We cover: Household goods and personal belongings inside your campervan or motorhome or fully enclosed annexe attached to your campervan or motorhome, accidently damaged or lost in an accident or theft for which we have accepted your claim. Limit: Up to $1,500 in respect of each incident. We do not cover: • your campervan or motorhome’s fittings; • pets, livestock and domestic animals; • cash, documents, gift vouchers and other negotiable items; • any water sports or other sporting equipment; • bicycles, tricycles or scooters; • motor vehicles, trailers, aircraft, aerial devices, or any associated equipment; • tools or equipment used in any business, trade or profession. Note: We may require proof of ownership and evidence as to the extent of loss or damage when you claim on this benefit. We do not cover theft if there are no signs of forcible or violent entry. Baby seats and baby capsules We cover: Baby seats and baby capsules accidentally damaged as a result of a motoring accident or lost or damaged when your car was stolen. Limit: Up to $500. Note: This benefit will only be paid if we have agreed to pay a claim covered under ‘Loss or damage to your car’. This benefit is paid in addition to the Agreed Value. What your policy covers (continued) Back to Contents Page 12 Broken windscreen and window glass We cover: When your windscreen and window glass has been accidentally broken and your claim is for its replacement only: • we will pay for the replacement; • your no claim bonus will not be affected; and • an excess will be payable, unless you have selected the option below. Optional cover: Nil windscreen excess You can remove the excess on windscreen/window glass claims. When you have added this option to your policy, it will be shown on your current schedule. Note: The replacement glass will meet Australian standards. Your car keys, remotes and locks We cover: The replacement of: • your car keys or remotes if they are lost or stolen; or • your car locks if they are maliciously damaged. Limit: Up to $1,000. Note: An excess will be payable. This benefit is paid in addition to the Agreed Value. Your trailer We cover: Repair or replacement of your trailer if it is accidentally damaged or stolen while it is in your possession. Limit: Up to $1,000. Note: An excess will be payable. This benefit is paid in addition to the Agreed Value. Your replacement car We cover: When you replace your current car, this policy will cover the replacement car from the time you buy it provided: • the replacement car is one we ordinarily insure; • you pay us any additional premium we may charge for its make and model; • you accept any special conditions we may apply because of its make and model. Cover for your current car ends at the time you buy the replacement car. You must advise us of its details within 14 days of buying it. Limit: The Agreed Value for your replacement car will be its Market Value or the price you paid for it, whichever is the lesser. What your policy covers (continued) Comprehensive Back to Contents Page 13 Comprehensive Your policy does not cover: • mechanical, structural, or electrical failures; • tyre damage caused by road conditions, punctures, bursting or braking; • the cost of international air freight for parts, paint or accessories required for the repair of your car when they are not ordinarily available within Australia; • any decrease in the value of your car after it has been properly repaired by us; • depreciation, wear, tear, rust or other forms of corrosion; • loss, damage or liability arising: – outside Australia; – from incidents occurring outside the period of insurance; – if you fail to secure your car or have it towed to a safe place after it has broken down or been damaged; – because you cannot use your car; – if your car was being used in a race, trial, test or contest, or while on a race track, circuit or any track set aside for racing or time trials but not if you are participating in a defensive or advanced driving course at the time; – from the lawful seizure, confiscation, nationalisation, requisition or destruction of your car; – from an intentional act by you, your family or a person acting with your consent; • loss, damage or liability caused by, arising directly or indirectly from or in any way connected with: – the use, existence or escape of nuclear fuel, material or waste; – the use, existence or escape of asbestos, asbestos fibres or any derivatives of asbestos; – any war, invasion, or acts of foreign enemy or hostilities whether war has been declared or not; – any act of terrorism. Back to Contents Page 14 We may refuse a claim and cancel your policy if: • you do not fully co-operate with us regarding your claim; • you are not truthful, accurate and frank in any statement you make in connection with a claim; • you do not keep the insured car in good order and repair; • your car is used (or let) for business purposes unless you have told us about the business and we have agreed to insure your car for business use. See Private Use and Business Use page 17; • the driver of your car: – was not licensed to be driving unless we agree you had no reason to suspect that the driver was unlicensed; – was under the influence of alcohol or of any drug and this contributed to the accident; – had a blood alcohol level over the legal limit in the State or Territory where the accident occurred; • you or someone on your behalf modifies your car unless you have told us about the modification and we have agreed to it and you have paid any additional premium required; • you do not immediately make a report to the police if you know or suspect that there has been theft or attempted theft of your car, part of your car or your personal belongings within your car; • your car was: – loaded contrary to law; – being let on hire; – being used in an unsafe condition; – being driven in a reckless manner. Comprehensive Back to Contents Page Back to Contents Page 15 Comprehensive About No Claim Bonuses Your No Claim Bonus Your No Claim Bonus is a discount on the premium payable and is shown on your current schedule. For each year you do not claim on your policy, the discount increases until it reaches a set maximum. Some types of claims do not affect your No Claim Bonus When reading this section please also refer to ‘Rating 1’ (see below). Your No Claim Bonus will not be affected if: • you are involved in an accident where we agree the driver of the other vehicle is at fault, and you can tell us the name and address of the driver who was at fault and the registration number of the vehicle they were driving; • your claim is for malicious damage or theft of your car and you can tell us the name and address of the person responsible for the damage to your car; • your claim is for windscreen or window glass damage only. For all other claims your No Claim Bonus will be affected. Rating 1 Once you achieve Rating 1 with us, you will remain an RACT Rating 1 driver provided your claims history does not exceed our acceptable frequency for RACT Rating 1 policyholders. If your claims frequency is excessive, we may: • apply an additional excess or premium; or • not renew your policy. Back to Contents Page 16 About your premium How we calculate your premium When we calculate your premium, we take a number of factors into account including, but not limited to: • the period of insurance; • the make, model and year of the insured car; • the address where you normally keep the insured car; • the security measures you have in place; • the car’s Agreed Value; • the excesses payable by you in the event of a claim; • your previous insurance and driving history; and • your other RACT Insurance policies, if any. The total premium payable by you also includes compulsory government charges (including duties and GST). The details are shown on your current schedule. Our optional excesses allow you to reduce your premium You can reduce your premium by choosing a higher excess. Applicable excesses will be shown on your current schedule. The Optional Excess replaces the Basic Excess and is payable in addition to any Age Excess, or Additional Excess that may apply should you have a claim during the period of insurance. Comprehensive Back to Contents Page Back to Contents Page 17 Comprehensive Definitions These words have special meanings: Agreed Value. The amount we agree with you as the most we will pay in the event of a claim. The Agreed Value is shown on your current schedule and includes any applicable taxes and charges. Business Use. You use your car primarily to carry out your business or occupation to derive an income. Car. The car generally described on page 6 of this policy and specifically identified on your current schedule. Current Schedule. The current schedule we give you for the current period of insurance. Limit. The maximum amount we will pay under this policy. (Any applicable excesses are deducted from the nominated limit.) Market Value. The amount we calculate the market would pay for your car taking into account its age, make, model, kilometres travelled and condition immediately before the incident resulting in a claim on your policy. Authoritative industry publications may be used to calculate the amount. Period of Insurance. The period for which cover is provided by this policy as shown on your current schedule. Personal belongings. Personal belongings in your car at the time of the incident but not tools or equipment used in any business, trade or profession, cash, documents, gift vouchers and other negotiable items, mobile phones, portable computers, music systems and similar devices. Policy. Your policy consists of: • this product disclosure statement; • your application(s) for insurance; • our record of your verbal responses; • your current schedule, which sets out the particular details of your policy; and • any supplementary PDS we may issue. Private Use. You use your car primarily for social, domestic and pleasure purposes. Substitute car. A car you are driving because your car is undriveable due to repair or servicing. Back to Contents Page 18 Terrorism. Includes any act, or preparation in respect of action, or threat of action designed to influence the government de jure or de facto of any nation or any political division thereof, or in pursuit of political, religious, ideological or similar purposes to intimidate the public or a section of the public of any nation by any person or group(s) of persons whether acting alone or on behalf of or in connection with any organisation(s) or government(s) de jure or de facto, and which: • involves violence against one or more persons; or • involves damage to property; or • endangers life other than that of the person committing the action; or • creates a risk to health or safety of the public or a section of the public; or • is designed to interfere with or to disrupt an electronic system. It includes any action in controlling, preventing, suppressing, retaliating against or responding to any such act, preparation or threat. We, our and us. RACT Insurance Pty Ltd. You, your. The Insured(s) shown on your current schedule. If the Insured is a company this means the authorised representative. Your family. Your spouse, your partner or your de facto, your parents and parents-in-law, your or your spouse’s children, your brothers and your sisters, who normally live with you. Comprehensive Back to Contents Page Back to Contents Page 19 RACT Insurance Third Party Property Damage Product Disclosure Statement If you’re about to read this Product Disclosure Statement (‘PDS’ for short but commonly referred to in this document as the ‘policy’) because you need to make a claim, please do so now on 13 27 22. That’s the very best way of getting the help you need as quickly as possible. However, whether or not you’ve made or are about to make a claim, it is still a good idea to better understand the cover and benefits your RACT Third Party Property Damage Policy provides, the conditions under which they are provided, and what we don’t cover. When you’ve insured your car under our: Third Party Property Damage Policy, you are insured for any loss or damage caused: • by the use of your car to another person’s property; • to your car by an uninsured motorist; • to your car by fire and/or theft when you’ve added this cover to your policy (Third Party Property Damage – Fire and Theft Option). Refer to your current schedule for the cover you have selected. Full details are provided on pages 23 to 25. Limits and exclusions The cover we provide is subject to monetary limits, conditions and exclusions. You should read this PDS carefully in conjunction with your current schedule. Getting started To get you started, here’s a quick guide. Click on the links below: Cover Third Party Third Party Fire and Theft Page No Damage to your car by an uninsured driver (up to $5,000) (up to $5,000) 24 Fire and theft damage (up to $5,000) 24 Legal liability (up to $20 million) (up to $20 million) 23 Repair guarantee 22 Replacement car (up to 14 days) (up to 14 days) 25