What type of coverage does KOBA offer? – KOBA Insurance

KOBA offers the same type of comprehensive car insurance you're used to, just with transparent pricing.

We cover loss or damage to your car (up to the Agreed Value) as well as your liability for damage you might cause to other people's property (up to $20m).

Coverage

We will cover you for accidental loss (including theft) of or accidental damage to Your Car that occurs during the Policy Period, subject to the terms listed in this section and the Policy, as a result of the following Incidents:

Accidental damage	Collision
Fire or explosion	Flood or water
Storm or hail	Theft or attempted theft
Vandalism or malicious act	Earthquake

The most we will pay is the Agreed Value for Your Car as specified on your Insurance Certificate, unless we settle a Total Loss under New Car Replacement Cover (see “How we settle your Total Loss” in the PDS).

Additional benefits

You automatically receive the following additional benefits with your Policy, described below.

The following general conditions apply to these additional benefits:

We will only pay under these benefits if a claim is payable for accidental loss of, or accidental damage to, Your Car with the exception of Locks and keys.
All limits are inclusive of Goods and Services Tax (GST).
These benefits are subject to all applicable Excesses (see “Types of Excesses” in the PDS).

Benefit	Cover	Limit
Baby capsules and child seats	We pay for accidental loss or damage occurring to baby seats or baby capsules in Your Car.	Up to $500 for any one item and a maximum of $1,000 for any one Incident.
Emergency repairs	We will reimburse you for the cost of emergency repairs to make Your Car roadworthy or safe in order to get to your destination.	Up to $500 in total for any one Incident.
Emergency travel & accommodation	We will pay for your accommodation and emergency travel if you are more than 200 kilometres from home and Your Car cannot be driven.	Up to $500 in total for any one Incident.
Hire car or Alternative transport after Theft	If Your Car is stolen, we will reimburse you for the costs of any alternative transport. We do not cover: Running costs for a hire car Any deposits or excesses payable for a hire car Loss or damage to a hire car Liability resulting from use of a hire car Costs for transport that does not replace the normal use of Your Car If you have incurred these costs you must provide us with invoices and reasons for travel to support your claim for this benefit.	Up to $70 per day until whichever of these events happens first: A maximum period of 14 days Your Car is recovered and repaired We've paid you for a Total Loss.
Locks & keys	If someone steals the keys to Your Car, or you have lost them, we will pay to replace or recode Your Car's keys, locks or barrels. You must report the theft of your keys to the Police	Up to $1,000 for any one Policy Period. Free of Excess for 1 claim per Policy Period.
New car replacement	If Your Car becomes a Total Loss under the terms of the "New Car Replacement" section below, subject to local availability, we will: replace Your Car with a new car of the same make, model and series including accessories and options; and pay the applicable on road costs (transfer fees, stamp duty, dealer delivery costs, registration and Compulsory Third Party insurance) of the new car.	See “New car replacement” in the PDS.
Personal items	If an Incident causes loss or damage to Your Car, we will pay the amount for loss or damage to your personal items in Your Car at the time of the Incident. Personal items are items that are designed to be worn or carried. Not included as personal items are: Cash, credit cards, cheques, vouchers or tickets Child seats or baby capsules Tools of trade or items used for business, trade or profession Any personal items not owned by you, a Listed Driver or a Household Member.	Up to $500 in total for any one Incident.
Towing and storage	If Your Car isn’t safe to drive and you need to tow the car before you are able to report the claim to us, we pay the reasonable cost of: towing Your Car to the nearest repairer or place of safety; and storing Your Car If you authorise the tow on our behalf, you need to provide us with all invoices and receipts. Please note, when we make a decision to tow or store Your Car during the inspection, repair or settlement of your claim, we will pay for those reasonable costs.	Reasonable costs for: 1 tow; and storing Your Car from when you make a claim until we settle the claim.
Trailer cover	If an Incident we cover causes loss of, or damage to, your trailer or caravan while it’s attached to, or being towed by, Your Car, we pay to repair or replace your trailer or caravan. We will not pay for any contents in your trailer or caravan.	Up to $1,000 in total for any one Incident.

Options

You can add the following options to your Policy for an extra Premium.

Any option you have added will be shown on your current Insurance Certificate and applies during the Policy Period. Any options you have selected will be automatically included with any renewal invitation we make, unless you choose to remove those options at renewal.

Option

Cover

Limit

Hire car or Alternative transport

If Your Car is being repaired as a result of an Incident, other than theft, we will reimburse you for the costs of any alternative transport during that time.

We do not cover:

Running costs for a hire car
Any deposits or excesses payable for a hire car
Loss or damage to a hire car
Liability resulting from use of a hire car
Costs for transport that does not replace the normal use of Your Car

If you have incurred these costs you must provide us with invoices and reasons for travel to support your claim for this benefit.

Up to $70 per day until whichever of these events happens first:

A maximum period of 14 days;
Your Car is repaired
We pay your claim for a Total Loss

Excess-free Glass Cover

You won’t pay an Excess if you make a claim for damage that only affects your windscreen, sunroof or window glass and no other parts of Your Car.

1 claim per Policy Period