PRESTIGE MOTOR INSURANCE.
MB Insurance Group’s Prestige Motor Vehicle Insurance is a high quality motor vehicle insurance product with extensive benefits and coverage inclusions. We specialise in insuring prestige, luxury, sports/high performance vehicles along with harder to place vehicles such as classic/vintage cars and American and Japanese low volume imports.
The policy coverage boasts an impressive list of inclusions and benefits including:
Agreed Value
Sum insured will remain fixed for the policy period.
Repairer of Client’s Choice
You may choose a repairer of your choice to repair the vehicle.
No Claim Bonus Protection
Policy-holders on a maximum no claim bonus, can have one “At Fault” accident during the policy year, without affecting the NCB entitlement.
Lifetime No Claim Bonus
Lifetime No Claim Bonus awarded after 2 consecutive claim free years. No waiting period for customers who have already earned this entitlement.
Automatic Replacement Vehicle
Vehicles less than 4 years old will be replaced with a new one of the same make, model and accessories plus on road costs. If your vehicle has been superseded at the time of loss you can choose to accept the nearest equivalent vehicle up to 105% of the original agreed value plus on road costs. If you do not want a replacement vehicle you can agree to accept the original agreed value.
Hire Car Costs
If the vehicle is stolen or in an accident and the Insured or the driver is not at fault, hire car costs are claimable until the vehicle is recovered and/or repaired. Up to $100 per day and $1500 in total.
OPTIONAL: Extended Hire Car Costs
If you have selected this option and your vehicle is in an accident which is wholly or partially your fault or the responsible third party is not identified, then you will be entitled to a hire car up to the amounts shown on the Certificate of Insurance.
Window Glass Replacement
One excess free window glass replacement per policy period.
Window Glass Chip Repair
Unlimited window glass chip repairs during the period of insurance.
Baby Capsules and Child Seats
Covered if stolen or damaged.
Travel Costs
Up to $50 to return you and your occupants to your home if the accident is less than 100 kilometres from home.
Sign Writing
Cover for sign writing and fixed advertising for business use vehicles.
Removal of Vehicle
For removal of an undriveable vehicle from scene of accident to nearest body repairer of client’s choice or place of safety. Up to $2,000.
Delivery of Your Vehicle After Repairs
If your vehicle is repaired more than 100kms from its usual garaging address then we will pay up to $500 for the return of your vehicle.
Accommodation and Travel
For emergency accommodation and travel expenses if an accident or theft occurs more than 100km from home. Up to $1,500.
Re-Keying and Re-Coding
Covered as a consequence of theft of keys. No sub-limit.
Express Freight
Towards the cost of express airfreight to import parts not available in Australia. Up to $5,000.
Finance Gap
In the event of a total loss we will pay 75% of the difference between the agreed value and the payout figure excluding arrears and penalties and amounts refinanced.
Emergency Temporary Repairs
Costs allowed if repairs are required following an accident or theft, to enable the vehicle to get to the destination or a garage. Up to $500.
Personal Effects
Covered if stolen or damaged, up to $500.
Maritime Liability
If your vehicle is being transported by sea between Australian ports, we will pay your contribution for your vehicle if ‘general average’ is declared.
Funeral Expenses
For an Approved Driver who suffers a fatal injury. Up to $2500.
Damage to Property/Injury to People
Cover up to $32.5 million.
Lifetime Guarantee on Repairs
Repairs are guaranteed for the life of your vehicle.
It is important to note that conditions and exclusion apply to these benefits and so before deciding if this insurance is right for you or your client you should review the Product Disclosure Statement and Policy wording in full to determine if the policy will meet your individual needs.
