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:
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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:
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:
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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:
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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:
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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:
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:
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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:
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:
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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 |