Premium factor |
Possible Impact |
Third Party Cover |
Third Party Fire & Theft Cover |
| Age and gender of Named Driver(s) | The age and gender of Named Driver(s) may affect the Premium. |
Yes |
Yes |
| Discounts | You may qualify for one or more of the discounts offered by us. |
Yes |
Yes |
| Driving history of Named Driver(s) | Driver(s) with different levels of experience and claims may attract different Premiums or Excesses. |
Yes |
Yes |
| Amount of Basic Excess selected | Your Premium may be affected by the amount of Basic Excess selected. |
Yes |
Yes |
| Garaging address of your Vehicle | If your vehicle is stored in a high-risk area, it may affect your Premium. |
Yes |
Yes |
| Type of vehicle and its Accessories/Modifications | Average repair costs for vehicles and Accessories and Modifications may affect your Premium. |
Yes |
Yes |
| Use of your Vehicle | Using your Vehicle for Business Use may affect your Premium. | Yes | Yes |
| Sum Insured | A higher Sum Insured will normally attract a
higher Premium. |
No |
Yes |
| Annual kilometres for your vehicle | The annual distance you drive your Vehicle may affect your Premium. |
Yes |
Yes |
| Frequency of use for your Vehicle | How frequently you use your Vehicle may affect your Premium. |
Yes |
Yes |
| Storage type of your Vehicle | Where your Vehicle is stored may affect your Premium. |
Yes |
Yes |
| Whether your vehicle is subject to finance | Your Premium may be affected if you have taken out a loan for your Vehicle. |
No |
Yes |
Legal Liability |
Third Party Cover |
Third Party Fire & Theft Cover |
Limits (up to) |
Page |
| Loss or damage to other people's property | Yes | Yes | $20,000,000 in total | 18 |
| Legal Liability cover for death or bodily injury | Yes | Yes | $5,000,000 in total | 19 |
Additional Benefit |
Third Party Cover |
Third Party Fire & Theft Cover |
Limits (up to) |
Page |
14-day change of vehicle |
Yes |
Yes |
14 days |
22 |
Choice of repairer |
Yes |
Yes |
|
22 |
Legal Costs |
Yes |
Yes |
No Limit but pre-approval required |
23 |
Repairs guaranteed for life |
Yes |
Yes |
Unlimited |
23 |
Substitute vehicle |
Yes |
Yes |
Up to $20,000,000 |
24 |
Uninsured motorist extension |
Yes |
Yes |
Up to $3,000 |
24 |
Baby capsules |
No |
Yes |
Replacement value |
25 |
Hire car following theft |
No |
Yes |
Up to $65 per day up to 21 days |
25 |
Theft of keys |
No |
Yes |
Up to $1,000 |
26 |
Recovery costs following Theft |
No |
Yes |
As agreed by us |
26 |
Towing and storage |
No |
Yes |
As agreed by us |
26 |
What we pay |
|
Information |
| Total Loss | $3,000 | Total Loss has occurred. |
| Less Excess | -$500 | Basic Excess applies as your Vehicle was stolen and you are unable to provide a Police Report identifying the name and address of the offender who has been charged or convicted. |
| Less outstanding premium | -$500 | You are required to Pay any outstanding Premium (this includes any remaining monthly instalments for the term of your Policy) |
| Total claim | $2,000 |
What we pay |
Information |
|
| Damage to vehicle | $1,600 | The vehicle is deemed repairable and the maximum we will pay under the ‘Uninsured motorist extension’ benefit is up to $3,000. |
| Less Excess | -$0 | Basic Excess does not apply as you are considered Not At Fault. |
| Total claim | $1,600 |
What we pay |
Information |
|
| Damage to vehicle | $4,800 | This vehicle is deemed repairable. |
| Less Excess | -$500 | Basic Excess applies as you were At Fault. |
| Total amount paid to Third party | $4,800 | |
| Total Cost to RAA | $4,300 |
What we pay |
Information |
|
| Damage to vehicle | $4,800 | This vehicle is deemed repairable. |
| Less Excess | -$500 | Basic Excess applies as you were At Fault. |
| Less Excess | -$500 | A Non-removable Age Excess applies. |
| Total amount paid to third party | $4,800 | |
| Total Cost to RAA | $3,800 |
What we pay |
Information |
|
| Damage to the other person's property | $3,350 | The quote for repairs to the fence has been supplied to RAA and we consider the quote to be reasonable. |
| Less Excess | -$500 | Basic Excess applies as you are considered At Fault and you are over 25 years of age. |
| Total amount paid to third party | $3,350 | |
| Total Cost to RAA | $2,850 |