Does my driving history affect my car insurance policy?
In short; yes it does. When you get a quote for an AAMI car insurance policy, we need to ask questions about your driving history. This information, along with other data, helps us work out your premium and your excess. Having previous driving convictions or charges against you doesn't necessarily mean we won't cover you, but it can depend on the severity and how recent the events were.
Driver History Excess
This excess applies if a listed driver who has had their licence cancelled, suspended, disqualified or restricted in the 3 years prior to the start of the period of insurance was driving, using or in charge of your car at the time of the incident. This excess is in addition to any other excess that applies.
Understanding the different types of excess is important, because if you're involved in an accident this will be your out-of-pocket expense. For more information about which excesses applies to your AAMI car insurance policy, read this informative article on all the different types of excess definitions we use.
Safe Driver Rewards
There can be cost benefits in keeping a safe driving record as an AAMI Comprehensive Car Insurance policy holder. Over time, you may receive up to 15% credit off your premium, and up to 25% off your Roadside Assist.* These benefits may apply to anyone with Comprehensive Car Insurance who keeps a safe driving record (i.e. makes no claims where they or a driver of their car is at fault) for a set number of years. This is regardless of their prior history before starting their Comprehensive Car Insurance policy with AAMI. Terms and conditions do apply, so for more information on how it works check out the Safe Driver Rewards page.
* The Safe Driver Rewards credit/discount is a percentage of the Comprehensive Car Insurance rated premium paid the previous year and is applied as a credit to next year's rated premium. Maximum 15% discount is for drivers who don't make a claim on their Comprehensive Car Insurance policy that impacts their Safe Driver Rewards status for 10 years+.
Insurance is issued by AAI Limited ABN 48 005 297 807 trading as AAMI. Any advice has been prepared without taking into account your particular objectives, financial situation or needs, so you should consider whether it is appropriate for you before acting on it. Please read the relevant Product Disclosure Statement before you make any decision regarding this product. The Target Market Determination is also available.