HCF CarInsurance

We understand the importance of safeguarding your assets against the unexpected.

Which is why we’re now offering HCF Motor Insurance for your car, ute or van.

You could also be eligible for discounts if you choose comprehensive cover¹.

Legal liability cover
Legal liability for loss or damage to other people’s property and for supplementary bodily injury – up to $20 million for any one event or series of related events.

Approved legal costs from a liability claim
Covers legal costs, as approved by Allianz, from a claim that’s covered by your policy.

Uninsured motorist extension
Up to $5,000 if your vehicle’s damaged from an accident caused by the driver of an uninsured vehicle.

This is a limited summary of benefits provided under HCF Third Party Property Damage Motor Insurance. For full details of what is and isn’t covered, including terms, conditions, limits and exclusions, please read the Product Disclosure Statement (PDS) and any applicable supplementary PDS. 

With comprehensive insurance, you can choose any of these options for an even greater level of cover.

• Rental car after an accident, where available: If you can’t use your vehicle following an accident, this optional benefit will pay up to $100 per day for a rental car, for a maximum of 30 days. This option will extend your rental car or daily travel allowance period if Allianz caused or contributed to the delay in repairing your vehicle.
• Basic excess removal for windscreen claims: One replacement windscreen and two repairs in any period of insurance, without an excess, when the broken windscreen is the only damage to your vehicle.
• Cover for tools of trade: Paying up to $3,000 for any one incident where tools are damaged or stolen when locked in your vehicle.

For full details of what is and isn’t covered under these optional benefits, including terms, conditions, limits and exclusions, please read the Product Disclosure Statement (PDS) and any applicable supplementary PDS.

What is comprehensive motor insurance?
Comprehensive motor insurance covers your vehicle, plus damage you cause to other people’s vehicles or property. It doesn’t cover your liability to pay compensation if you cause injury to another person (subject to limited exceptions). 

Is comprehensive motor insurance necessary?
Comprehensive motor insurance isn’t mandatory in Australia. However, if you bought your vehicle using finance, your financial institution (e.g. bank) might require you to have comprehensive insurance. 

Otherwise, if you choose not to take out comprehensive motor insurance and you or the driver of your vehicle is at fault in an accident, you’ll be responsible for the cost of any damage to your own vehicle.

If you don’t have third party (also called Third Party Property Damage) insurance either, you’ll also be liable for damages caused to any third-party vehicle or property.

What does HCF Comprehensive Motor Insurance cover?
This insurance provides cover for accidental loss or damage to your vehicle, as well as your legal liability for the damage you cause to other people’s vehicles or property. Some examples of covered events include:

• motor accidents, like a collision with another vehicle
• theft
• fire damage
• storm damage
• hail damage
• damage while your vehicle’s parked.

For more information, see the Product Disclosure Statement.

Can I drive another vehicle with comprehensive insurance cover?
Your HCF Comprehensive Motor Insurance policy covers your car, which means it won’t cover you when you’re driving someone else's vehicle. You should always check their insurance policy details first, to confirm whether you’re covered driving their car. 

Does comprehensive motor insurance include Compulsory Third Party Insurance (CTP)?
No. When you purchase Comprehensive Motor Insurance, it doesn’t include CTP. Also known as a Green Slip in NSW, CTP insurance covers your liability and the liability of anyone else driving your vehicle for injuries caused to other road users in a motor accident.

CTP doesn't provide cover for any damage you cause to other people's vehicles or property. Note that you can’t register a vehicle in Australia without CTP insurance.

What is Third Party Property Damage Motor Insurance?
Third Party Property Damage (TPPD) Motor Insurance, also known as third party insurance or legal liability, covers damage you cause to other people's vehicles and property while using your vehicle. This includes the cost of the damage and reasonable approved legal costs arising from a covered accident.

It doesn’t cover accidental loss or damage caused to your own vehicle, including from fire or theft. Nor does it cover injury you cause to other people.

If you do want to cover your vehicle from loss or damage, you might consider our Comprehensive Motor Insurance.

For more information on TPPD Motor Insurance, see the Product Disclosure Statement (PDS).

Is there an excess to pay?
Unless your policy specifically says there is no excess for a particular event (such as the basic excess removal for windscreen cover option) – you may need to pay an excess.

Check your policy schedule to see what your applicable excesses are.

What’s the difference between HCF Third Party Property Damage (TPPD) Motor Insurance and Compulsory Third Party (CTP) cover?
CTP insurance (also called a Greenslip in NSW) covers you for injuries to other people – caused by the driver of your vehicle. TPPD motor insurance covers you for damage to other people’s vehicles and property – also caused by the driver of your vehicle. Neither CTP nor third party insurances cover you for damage to your own vehicle.

Note, you can’t register a vehicle in Australia without CTP insurance.

What’s the difference between third party and comprehensive motor insurance?
The main difference between third party property damage (also called TPPD or ‘third party’) motor insurance and comprehensive motor insurance is that, while both cover your legal liability if you destroy or damage someone else’s vehicle or property, third party insurance does not cover any loss or damage to your own vehicle (subject to limited exceptions).

So, if you want to cover your car against loss or damage from accidents, fire, theft and legal liability, you should consider comprehensive insurance. 

The Hospitals Contribution Fund of Australia Ltd ABN 68 000 026 746 AFSL 241414 (HCF) arranges this insurance as an agent for the insurer Allianz Australia Insurance Limited ABN 15 000 122 850 AFSL No 234708. We do not provide any advice based on any consideration of your objectives, financial situation or needs. Policy terms, conditions, limits and exclusions apply. Before making a decision, please consider the Motor Insurance Product Disclosure Statement (PDS), any applicable supplementary PDS and the Financial Services Guide. The relevant Target Market Determination is available by calling 1300 657 046. If you purchase this insurance, we will receive a commission of up to 5% of the premium for each policy issued and renewed and may also receive a share of up to 40% of the underwriting profit. Ask us for more details before we provide you with services.

1. Minimum premiums may apply. Any discounts / entitlements may be subject to minor adjustments (upwards or downwards) due to rounding and only apply to the extent any minimum premium isn’t reached. If you’re eligible for more than one discount, those are applied in a predetermined order to the premium (excluding taxes and government charges) as reduced by any prior applied discounts / entitlements. Discounts may not be applied to the premium for optional covers.
2. The online discount applies to new comprehensive insurance policies only. Any online discounts offered are applied to our standard rates (excluding optional covers) and are for the first year’s premium only (unless stated otherwise). Promotional or other discounts may apply from time to time for customers who apply for insurance via other methods.
3. Premiums payable by instalments may be subject to minor adjustments (upwards or downwards) due to rounding and your financial institution transaction may apply transaction fees to instalment payments.
4. Your rental car or daily travel allowance period will be extended to the extent that Allianz causes or contributes to the delay in repairing your vehicle.
5. Safe Driver Discount applies to Comprehensive Motor Insurance policies only. Any discount entitlement is determined by the insurance history and driving history of all drivers on the policy and the number of claims made by them. If eligible, the maximum Safe Driver Discount that may be applied on new policies is up to 10%. For more information see the Premiums, Excess, Discounts and Options Guide (PED). 
6.  Allianz may authorise repairs at your repairer of choice; pay you the reasonable costs of repairing your vehicle; or move your vehicle to another repairer we both agree upon. Allianz will act reasonably in doing so.
7. Minimum premiums may apply. Any discounts / entitlements may be subject to minor adjustments (upwards or downwards) due to rounding and only apply to the extent any minimum premium isn’t reached. If you’re eligible for more than one discount, those are applied in a predetermined order to the premium (excluding taxes and government charges) as reduced by any prior applied discounts / entitlements. However, the HCF member discount will be applied after all other eligible discounts.

# To access the promotion code, log in to the My Membership app or online member services and go to the insurance section of the HCF Thank You page to find the code. This promotion will run from 28 May 2024 until 16 July 2024 8pm AEST (Promotion Period). The promotion applies when you quote and buy a new Comprehensive Motor Insurance policy online during the Promotion Period. The promotion applies to the first year’s premium only and applies automatically upon successful input of the code. The promotion will be applied after all other eligible discounts. HCF may withdraw or amend this offer at any time without notice. Replacements, variations or renewals of, or additions to, existing policies are not eligible for this offer. Please contact us for more information.