RATE CLASSES
THIS RATE CLASS IS CONSIDERED THE "CHEAPEST" AND IS USED FOR OUTINGS LIKE "GOING TO THE GYM"
WHAT IS "PLEASURE USE"?
THE PRINCIPAL OPERATOR'S INDIVIDUAL DRIVER FACTOR CONTRIBUTES THIS MUCH PERCENTAGE TO THE COMBINED DRIVER FACTOR.
What is 75%?
THIS COVERAGE PROTECTS YOUR VEHICLE FROM "FIRE" AND "THEFT" ONLY.
THIS ADVANCED SAFETY FEATURE APPLIES THE BRAKES IF YOUR VEHICLE IS TOO CLOSE TO SOMETHING.
What is "Autonomous Emergency Braking / AEB"?
A CUSTOMER NEEDS TO EXTEND THEIR INSURANCE POLICY
What is a "Renewal"?
A VEHICLE RATED FOR PLEASURE PURPOSES CAN BE USED FOR BUSINESS USE THIS MANY TIMES IN A MONTH.
BY DEFINITION, THIS DRIVER USES THE VEHICLE 51% OF THE TIME OR MORE.
What is the "Principal Operator" ?
THIS COVERAGE GIVES YOU LOSS OF USE, TRAVEL PROTECTION, EMERGENCY ROADSIDE EXPENSE REPAYMENTS, AND MORE.
What is "Roadside Plus"?
WE DON'T TYPICALLY DON'T ASK ABOUT THIS POTENTIAL DISCOUNT!
What is "Disability Discount"?
THIS APP/TOOL CAN BE USED TO HELP DETERMINE THE CORRECT RATE CLASS.
THIS PREMIUM COSTS $240 A YEAR, OR $20 MONTHLY.
What is a "Learner Premium"?
YOU MUST PAY THIS TO START A CLAIM
What is a deductible?
THIS DISCOUNT APPLIES IF YOU DRIVE LESS THAN 10,00 KM OVER A YEAR.
What is the "Distance Based Discount"?
WHEN A CUSTOMER REQUIRES A NEW LICENSE PLATE.
What is an "APV250 / New Submission"?
THIS IS THE MOST COMMONLY USED RATE CLASS FOR TEMPORARY OPERATING PERMITS.
What is "850"?
THIS SUBSET OF DRIVERS CAN OPERATE SOMEONE'S VEHICLE UP TO 12 TIMES A YEAR.
What is a non-household member?
THIS COVERAGE CAN BE INCREASED TO $5,000,000 FOR TYPE 1 VEHICLES AND TYPE 2 VEHICLES UNDER 5,000KG
What is "Third Party Liability"?
PRIVATE SALES ARE TAXED AT THIS PERCENTAGE.
What is "12"?
WHEN A CUSTOMER REQUIRES A SHORT-TERM INSURANCE POLICY (1-15 DAYS)
What is a "Temporary Operating Permit"?
THIS IS THE MOST COMMONLY USED RATE CLASS FOR STORAGE POLICIES.
THIS COVERAGE IS FREE UNTIL A NON-HOUSEHOLD MEMBER IS IN AN AT-FAULT ACCIDENT USING YOUR VEHICLE.
What is "Unlisted Driver Protection?"
THIS BASIC INSURANCE COVERAGE REPAIRS OR REPLACES YOUR VEHICLE TO THE EXTENT YOU ARE NOT AT FAULT.
What is "Basic Vehicle Damage"?
THIS DEVICE PREVENTS CAR THEFT
WHAT IS A "PASSIVE IMMOBILIZER"?
A CUSTOMER IS SURRENDERING THEIR LICENSE PLATES.
What is a "cancellation"?