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Definitions (36)
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young driver
A young driver is typically classified as being under the age of 25 (or 30, even under 40, depending on the policy). Inexperienced drivers are statistically more likely to claim on their car insurance [..]
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duty of disclosure
A contract is an agreement between the insurer and insured that covers ‘the risk’ (i.e. the likelihood of you having to claim). You have a duty to your insurance company when signing up to tell them i [..]
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accident / incident
An unexpected, unforeseeable incident.
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agreed value
An agreed upon amount determined between yourself and your insurer that your car is covered for during the length of your policy.
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anti-theft device
A device that hinders thieves from steeling or vandalising your vehicle. For example, you could install an immobiliser that keeps the car from being turned on unless a unique identification code is pa [..]
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at fault claim
If you were involved in an accident, and it occurred as a result of something you did, then you will need to make an at fault claim. If you have comprehensive cover, your insurer should still pay for [..]
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car hire cover
If your car is stolen, your insurer may offer you –
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claim
A claim is an application to your car insurer to fulfil their obligations as outlined in your policy. So if you are in an accident and your vehicle is damaged, and the terms and conditions of your pol [..]
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comprehensive cover
Comprehensive car insurance covers the cost of damage to you or by you, in the event of an accident. That means regardless of who is at fault, your repair costs are still covered – although you may st [..]
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compulsory third party insurance
CTP Insurance (also known as Green Slip cover in NSW), is held by every driver in Australia. It provides you legal indemnity in the event you injure someone when driving and are at fault. In QLD, NSW [..]
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