AAMI Comprehensive Car Insurance Policy

About excesses, ratings, bonuses and benefits

Excesses

An excess on your policy is the amount you have to pay towards each claim.

If your claim is for more than one occurrence, the excess/es applicable to each occurrence will be payable.

When one or more excesses apply to your policy, they will be shown on your insurance schedule and updated on your renewal notice. If required by us, you must pay your excess before we make any payment or provide you with any policy benefits.

The types of excesses are:

Standard	This is the basic excess you must contribute towards each claim.
Age	This excess is additional to the standard excess if your car was being driven by a person in the age ranges specified on the most recent of your insurance schedule and renewal notice.
Inexperienced driver	This excess is additional to the standard excess if your car was being driven by a person to whom an age excess does not apply, but who has held a driving licence for less than two years.
Additional	This excess may be imposed in special circumstances, for example on high performance cars. It is payable in addition to any other excesses.

You can choose to pay a lower premium by selecting an extra excess. The higher the excess you choose, the lower your premium. Please call 13 22 44 for full details.

Will you have to pay any excess?

Was the accident or the event your fault?	Can you give us the name and address of the person who was at fault or the registration number of their car?	Will any excess be payable?
No	Yes	No
No	No	Yes, because we won’t have the opportunity to recover the cost of the damage to your car.
No	No, because… Your car was stolen. Your car was damaged while it was parked. Your car was damaged by an animal or the elements. Your claim is for a broken windscreen.	Yes, because we won’t have the opportunity to recover the cost of the damage to your car.
Yes	-	Yes

Discounts on your car insurance premium

Rating and no claim bonuses
Ratings, no claim bonuses and no claim discounts all describe essentially the same thing – a discount on your car insurance premium. The discount increases each year providing no claim that reduces your rating/discount is made on your policy. It keeps on increasing until it reaches the maximum discount level, called ‘rating one’ or ‘maximum no claim bonus’.

Increased excess premium discount
You can choose to pay a lower premium by selecting a higher excess. The higher the excess chosen, the bigger the discount. Please call 13 22 44 for full details.

Will your claim affect your rating/discount?

Was the accident or the event your fault?	an you give us the name and address of the person who was at fault or the registration number of their car?	Will your rating / discount be reduced?
No	Yes	No
No	No	Yes, because we won’t have the opportunity to recover the cost of the damage to your car. No, if you are on an AAMI Lifetime Rating One or Lifetime Maximum No Claim Bonus or if you have purchased protection for these ratings. See also page 28.
No	No, because… Your car was stolen. Your car was damaged while it was parked. Your car was damaged by an animal or the elements.	Yes, because we won’t have the opportunity to recover the cost of the damage to your car. No, if you are on an AAMI Lifetime Rating One or Lifetime Maximum No Claim Bonus or if you have purchased protection for these ratings. See also page 28.
No	No, because your claim is for a broken windscreen.	No
Yes	-	Yes No, if you are on an AAMI Lifetime Rating One or Lifetime Maximum No Claim Bonus or if you have purchased protection for these ratings. See also page 28.

AAMI provides these premium related benefits

	How is this benefit obtained?
The AAMI Lifetime Award	When you have been an AAMI Rating One or an AAMI Maximum No Claim Bonus policyholder for three consecutive years, we recognise your good driving record with our AAMI Lifetime Award.
AAMI Rating One and Maximum No Claim Bonus Protection	When you have been an AAMI Rating One or an AAMI Maximum No Claim Bonus policyholder for less than three years, by paying an extra amount on your premium when you renew your policy.
AAMI Rating One and Maximum No Claim Bonus Rental Car Discount	You have to be an AAMI Rating One or an AAMI Maximum No Claim Bonus policyholder and pay an extra amount on your premium when you renew your policy.
Same Rating/ No Claim Bonus - spouse or partner	By insuring your spouse or partner’s car with AAMI.

What/who does it cover?	What is the benefit?
Cars insured in your name under AAMI policies to which we have awarded AAMI Lifetime status are covered.	Your AAMI Lifetime status and your maximum discount level are protected for life, regardless of who was at fault in any claim you may make on your AAMI Lifetime policy.
You or your spouse or partner living with you.	Your maximum discount level is protected for one at-fault claim during the period of cover.
You or your spouse or partner living with you.	We will provide you with a subsidised quality rental car for up to ten days while yours is being repaired after a claim on your AAMI policy. The current additional premium and the daily rental charge are available by calling AAMI on 13 22 44.
Your spouse or partner living with you.	When your car is insured with us, we’ll insure your spouse or partner’s car at the same discount. Your spouse or partner has to be living with you. Our normal insurance acceptance conditions apply to the driver and the car.

	How is this benefit obtained?
Family Rating - your children	By having your children insure their cars for comprehensive cover with AAMI.
Earned Rating/No Claim Bonus – new policyholder	By switching your car insurance to AAMI.
Earned Rating/No Claim Bonus – third party to comprehensive	By switching from third party property damage to AAMI comprehensive car insurance.

What/who does it cover?	What is the benefit?
Your children, provided your car is comprehensively insured with AAMI.	When your children insure their cars for comprehensive cover with AAMI, we give them a no claim discount for each year they’ve been driving claim free. Our normal insurance acceptance conditions apply to the driver and the car. See also the AAMI Skilled Drivers course on page 12.
You or your spouse or partner living with you.	When you switch your car insurance to AAMI, we’ll give you the rating/no claim bonus you would have earned had you always been comprehensively insured with AAMI.
You.	When you switch from third party to AAMI comprehensive car insurance, we’ll give you the rating/no claim bonus you would have earned had you always been comprehensively insured with AAMI.