Motor Vehicle Insurance

Be sure to insure!

Imagine the inconvenience of being without your vehicle. Could you afford costly repairs, or replacing your vehicle altogether?

At Toyota Insurance we understand that your vehicle is a critical part of your life. You can choose from two levels of motor vehicle cover:

  • Comprehensive, or
  • Third Party, Fire and Theft

Our Comprehensive Motor Vehicle Insurance policy will replace your Toyota if it is a total loss, so long as it is less than 3 years old and it has travelled less than 100,000kms. If your vehicle is not a Toyota we will replace it with a new vehicle of the same make and model if it becomes a total loss within the first 12 months of its registration as a new vehicle.

In addition, for all Toyota vehicles covered by the policy, we provide a Genuine Toyota parts guarantee and a lifetime guarantee on all repairs, provided you remain the owner of the vehicle.

With Comprehensive cover we can also help you with:
  • Car hire for up to 14 days if your vehicle is stolen;
  • Emergency travel and accommodation expenses;
  • Protection of your 'no claim bonus' if you are not at fault;
  • No fault excess benefit with nothing payable if you are not at fault and have provided us with full details of the other party;
  • Protection of your legal liability and help with legal costs for damage to other people's property up to $20,000,000;
  • Cover for your personal items in the vehicle up to $500;
  • Cover for baby seats and capsules in the vehicle up to $500;
  • Transfer of cover if you replace your vehicle;
  • Optional windscreen cover and no-claim bonus rating one protection.

Finance Related Insurance

FINANCE GAP INSURANCE

Finance Gap Insurance helps protect you from suffering significant financial loss.

If your new vehicle is stolen or damaged beyond repair, there may be a 'gap' between its insured value and what you still owe the financier. You may also suffer various out-of-pocket expenses while finding a replacement vehicle.

Finance Gap Insurance helps protect you from falling into this gap and suffering a financial loss and personal inconvenience.

Finance Gap provides up to $30,000 for the 'gap' between the insured value of your vehicle and the amount owed to your financier. It also provides up to $4,000 for additional expenses and up to $750 of any new finance establishment fees with Toyota Financial Services.

With a simple one-off premium, Finance Gap covers you for the duration of your finance contract.

Please note that Finance Gap Insurance does not cover any premiums which are owed for your comprehensive motor vehicle insurance policy.

You have a choice of 4 cover options:

  • Option 1: Up to $30,000 'gap' and up to $4,000 additional expenses
  • Option 2: Up to $15,000 'gap' and up to $4,000 additional expenses
  • Option 3: Up to $10,000 'gap' and up to $2,000 additional expenses
  • Option 4: Up to $10,000 'gap' and up to $1,000 additional expenses


PAYMENT PROTECTION INSURANCE

Protection for you, your family and your way of life

Being off work due to illness or injury is no joke. That's why Toyota Insurance has designed solutions to help protect you in such uncertain and difficult circumstances. These can help you to:

  • Make your car repayments;
  • Keep your car;
  • Reduce your financial burden;
  • Protect your credit rating; and
  • Maintain your income - even if you still get paid whilst you're off work.
  • We can even help you make your car repayments if you become involuntarily unemployed.

But of course there are worse things that can happen. For example, imagine the financial impact your death could have on your family. Payment Protection Insurance contains a 'death cover' option which may give your family additional peace of mind.

We're here to protect both individuals and businesses when you purchase your vehicle.

Payment Protection Insurance - Personal

We can provide protection for your vehicle finance payments in the event of death, injury and illness or involuntary unemployment.

Generally, no medical examination is required and you have the peace of mind that in any such event we will make the payments to your financier, even if your salary continues. However, cover for pre-existing conditions are excluded.

In the event of death, Payment Protection Insurance will pay out your entire vehicle finance agreement up to a maximum of $100,000.

You have a choice of 4 cover options:

  • Option 1: Loan Payout Insurance - Death
  • Option 2: Payment Protection Insurance - Injury & Illness
  • Option 3: Payment Protection Insurance - Involuntary Unemployment*
  • Option 4: You may chose a combination of or all of the above insurances

*Cannot be purchased without Illness and Injury cover option.

Payment Protection Insurance - Business Use

Payment Protection Insurance is available on both consumer and commercial finance contracts, which means business customers can also benefit from this cover.

Aioi are the insurer of the injury, illness and involuntary unemployment covers under the policy. CUNA Mutual are the insurer of the death cover component of the policy. Aioi provide financial services in respect of the death cover under a binder given to it by CUNA Mutual.

Warranty Insurance

Factory Approved Extended Warranty Insurance

As a Toyota vehicle owner you can extend your original factory warranty at any time whilst your car is still within its original 36 month warranty and has travelled less than 90,000km.

Just like your factory warranty, your vehicle will remain covered in case of mechanical failure, with all repairs guaranteed using Genuine Toyota parts.

Factory Approved Warranty Insurance also includes additional benefits such as towing, car hire and accommodation with 1, 2 and 3 year coverage options, capped at your choice of 100,000kms or 150,000kms.

This product is designed to protect you if you already own a Toyota still within the Toyota new vehicle warranty. However, our other warranty option may also suit your needs.

Other warranty options:

  • Extended Warranty Insurance is also available for non-Toyota used vehicles. Ask at your participating dealership.
  • Toyota Extra Care has a range of warranty products available at the time you purchase a new or used vehicle. Click on the "Extra Care Tab".