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Car Insurance Policy
If you’re renewing your car insurance or purchasing a new car insurance policy, make sure your read the policy document in full before signing the dotted line.
A car insurance policy is also referred to as a Product Disclosure Statement (PDS). This document provides information about the product on offer, full details of your policy cover, benefits and conditions. Most importantly, your car insurance policy will detail your cover for:
- Accidental loss or damage to your car
- Legal liability
- Excesses – the excesses that may apply to your policy
- Additional benefits
- Premium benefits
- Claims and claims processes
It is a condition that you read the entire policy before accepting the agreement.
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Disclaimer
This article is over two years old, last updated on March 4, 2009. While RateCity makes best efforts to update every important article regularly, the information in this piece may not be as relevant as it once was. Alternatively, please consider checking recent car insurance articles.
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Product database updated 19 Mar, 2024
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