A GUIDE TO MOTOR VEHICLE INSURANCE
Competitive insurance solutions for any vehicle you drive
At Rose Stanton we provide a full range of motor vehicle insurance solutions. It begins with Compulsory Third Party (CTP) insurance which all registered motor vehicles require by law. CTP insurance covers claims as a result of a road accident causing bodily injury to other persons.
You can arrange this direct with the insurers, not through our brokerage.
Covers claims for damage to other vehicles and property including buildings and fences, as a result of a road accident.
Covers repairs to your own vehicle and also third party property damage. You can even include the cost of hiring a car while repairs are being made.
Both types of policy are subject to excesses that are payable in the event of a claim but can be recovered if it is not your fault. Amounts vary but are typically around $400 but additional excesses are applied to policies for drivers who are inexperienced, traffic convicted or under 25 years old.
These are achieved by having years of claim-free CMV (Comprehensive) insurance which reduces the premium. No Claims Bonuses (NCB) usually work as follows:
1 year - 20% discount
2 years - 30% discount
3 years - 40% discount
4 years - 50% discount
5 years - 60% discount (maximum)
There are other ways they can be awarded. For instance, the insurance company will award an NCB if you are an employee have a company car provided and the employer can supply evidence that you have driven the vehicle without incurring a claim.
We cover all vehicles:
Private or Business registered motor cars
Commercial fleets of motor cars
Trucks & Heavy Vehicles
Classic and Vintage Cars
Motor Homes & Caravans
Unregistered Vehicles - Tractors, Earthmoving etc.