Personal Insurance

Motor Insurance

Motor Insurance

Quality cover to get you back behind the wheel faster

Whether you’re zipping around the city in a small car or motorbike, taking your SUV off-road on the weekends, delivering goods in a truck, or driving a sleek luxury model, you depend on your vehicle for freedom and flexibility. So, it’s great to know that if it gets damaged or is written off, you’ve got the cover you need to get you back on the road as soon as possible. Motor insurance includes a range of covers to suit every driver and vehicle type, and can be paid annually or by the month.

What do you need to know?

  • Who should consider it?

    If you have a car, it makes sense to protect yourself against unexpected costs with car insurance. 

    That’s because accidents can be costly – especially when you’re at fault. If your car is involved in an accident you caused, you’ll not only have the expense of repairing your own car – you’ll generally have to pay for damage to the other vehicle too.

  • What can it cover?

    The cover provided by comprehensive insurance can vary, depending on the policy.

    But here are some examples of possible cover:

    • Replacement of a lost or stolen vehicle
    • Cover to help pay for the damage you’ve caused to another person’s vehicle
    • Cover for the cost of a rental car if your car needs repairing or gets stolen
    • A replacement of the same make and model for new cars that are written off within twelve months
    • Legal liability cover
    • Re-keying or re-coding of vehicle keys that are stolen.

  • What isn’t covered?

    There are exclusions. There is also often a deductible or excess and limits on cover, so check with your Steadfast insurance broker.

  • Product Disclosure Statement

    A Product Disclosure Statement (PDS) is available for motor insurance and can be obtained from a Steadfast insurance broker.

    You should consider the PDS in deciding whether to acquire, or continue to hold, motor insurance.

Find a Steadfast Broker

Get the right advice at the right price and have a local Steadfast broker on your team.

Case Study

Cover that keeps you on the road

Jake's sportscar is written off

When Jake was setting up his business insurance, he asked his broker to look into a motor policy for his brand new sportscar. The broker was able to quickly find a policy designed specifically for prestige cars. One rainy evening, Jake was driving home when a dog ran out. He slammed on the brakes and skidded on the wet road and crashed into an electricity pole. 

Jake’s insurance paid for a tow truck to take the car, and provided a rental car so that he could get to work while the damage on his car was being assessed. 

The car was written off, but Jake’s insurance covered the cost of replacing his car with the same make and model, as it was under three years old.