Everyday Drive Less Pay Less Insurance is a flexible and cost-effective option designed for individuals who don't frequently use their vehicles. This type of insurance allows you to pay only for the kilometres you plan to drive, offering the same coverage as Comprehensive Car Insurance at a reduced rate.
Cost Savings: Pay only for the kilometres you plan to drive, potentially saving on your premium.
Comprehensive Cover: Enjoy the same level of protection as Comprehensive Car Insurance, including coverage for accidents, theft, and damage.
Flexibility: Adjust your coverage throughout the policy period by updating your end odometer reading in My Insurance Portal.
1. Start Odometer Reading: When you start your policy, provide your car's current odometer reading.
2. Kilometres Estimate: Estimate the total kilometres you expect to drive during the policy period. This determines your "end odometer reading."
3. Coverage and Premium: Your premium is calculated based on your estimated kilometres. You get the same comprehensive cover as a standard policy, but potentially at a lower price since you're driving less.
4. Claims: If your odometer reading at the time of a claim is outside the agreed-upon range, you'll still have cover, but an additional "Outside Odometer Excess" of $1,000 will apply, in addition to any other applicable excesses.
The "end odometer reading" represents the maximum kilometres agreed upon for your policy period. Ensure this figure is accurate to avoid the "Outside Odometer Excess".
1. Log in: Register or login to My Insurance Portal with your account details.
2. Policy Details: See your car insurance policy information, including your current End Odometer Reading in the My Policies section.
3. Edit Policy: Click on View Policy Details, then Edit Policy Details.
4. Increase End Odometer Reading: Select the "Increase End Odometer" section and enter your new estimated kilometres .
5. Review Premium: Check the adjusted premium for your updated kilometres.
6. Confirm and Pay: If you're satisfied with the changes, confirm and pay the adjusted premium if needed.
Carefully estimate your annual kilometres to avoid exceeding your limit and incurring additional costs.
Regularly review and update your end odometer reading to ensure accurate coverage.
Contact us if you have any questions or need assistance with updating your policy.
Whether you drive frequently or occasionally, Car Insurance can be crucial for protecting your vehicle and yourself. Accidents are unpredictable, and having insurance could help you in the event of damage, theft, or injury. Drive Less Pay Less car insurance can be an excellent option for those who prioritise flexibility and cost-effectiveness. By understanding how it works and actively managing your end odometer reading, you could maximise your savings while driving.
Benefits are subject to the terms and conditions including the limits and exclusions of the insurance policy. Any advice provided is general only and may not be right for you. Before you purchase this product you should carefully read the Car Insurance Product Disclosure Statement and consider the Target Market Determination to decide if it is right for you.
