Motor Vehicle Insurance

With the right cover, you can cruise

Cars cost money to buy, money to own, and money to run. So anywhere you can save deserves closer inspection. With Woolworths Team Bank Motor Vehicle Insurance, you can relax and enjoy the drive, knowing that should anything happen, you can be back on the road without major expense or hassles.

Competitive, convenient cover backed by QBE

Motor Vehicle Insurance is one of a comprehensive range of insurance solutions offered through our association with QBE Insurance. Founded in 1886, QBE is one of Australia’s leading insurers. It’s because of QBE’s experience, security and strength – as well as its prompt, efficient and friendly claims service – that we’ve made it our general insurance provider. This partnership enables us to deliver Woolworths Team Bank members quality and value in insurance products, with the added convenience of having everything under the same roof.

Cover Options include:

You have a range of cover options, depending on your own circumstances and those of others likely to drive your car. Comprehensive This policy provides complete cover, regardless of the number of licensed drivers using the vehicle. It protects you against theft, fire and damage to your car, as well as damage you may cause to another person’s car or property. 30+ Plus Nominated Driver Cover If you are a more experienced driver 30 years of age or over, and others under 30 won’t be driving the car, you can nominate two drivers who are 30 years of age or over and take out a full comprehensive policy at a discounted price Third Party Only This provides cover for damage you may cause to another person’s car or property, but does not cover your own car. Uninsured Driver Protection Cover is included under this policy. Third Party Fire & Theft This is an extension of the Third Party Only Policy, which provides cover if your car is stolen or damaged due to fire.

For new cars, a new car replacement option:

Insure your brand new car with QBE within 2 years of purchase, and if it’s written off within the first four years of ownership or 100,000kms, whichever comes first, it’ll be replaced with a new one (conditions apply).

A number of ways to save:

With Woolworths Team Bank there are various ways to enjoy discounts on your premium. A choice of Excess Your excess is the initial amount you have to pay yourself if you make a claim, and we offer variable excess. The higher the excess you choose, the lower the premium you’ll pay. Multi-policy discount Once you have one MemberCare insurance policy with us, we’ll give you a discount on each additional MemberCare policy # No claim bonus If you’ve been claim-free for a period of 12 months upward, you may qualify for a no-claim bonus of up to 60% off the base premium.

Summary of Benefits

Key Features
Comprehensive Third Party Only Third Party Fire & Theft
Accidental loss or damage to your vehicleYes--
Loss or damage caused by fire or theftYes-Yes
14 day hire car following theftYes-Yes
Windscreen or window glass breakage cover optionYes--
4 year new car replacement optionYes--
Repairs or replacement of single box trailerYes--
Towing costs following loss or damageYes--
Essential temporary repairsYes--
Cover for personal items damaged in an accidentYes--
Hire car after accident optionYes--
Emergency accommodation and transport costsYes--
Finance Gap coverYes--
Uninsured motorist benefitYesYes-
Legal liability for damage caused by your passenger to another person’s propertyYesYesYes
Legal liability for other people driving your vehicleYesYesYes
Legal cost incurred in relation to legal liability coverYesYesYes

Easy to arrange, simple to claim:

The convenience of having Motor Insurance under the same roof as your financial services isn’t the only way we make life easier. From making your application to making a claim, Woolworths Team Bank ensures things are as straightforward as possible. You can apply online, by phone, or at any branch. Flexible payment options include fortnightly, monthly or annual direct debit or credit card payments (excluding Diners Club). If you do need to make a claim, we won’t make you wade through paperwork. QBE have a 24-hour emergency claims number, and in most cases, you need just provide details over the phone.


If you have any questions, please contact us