Pay As You Drive Cover is comprehensive insurance for those who spend less time behind the wheel.
As you sign up, you can purchase between 1,000 km and 15,000 km per year, depending on how many kilometres you think you'll drive during the period of insurance.
We'll then ask you for your start odometer reading within 14 days of the start date of your policy. Your end odometer reading will be your start odometer reading plus the number of kilometres you purchased.
Your Certificate of Insurance will show:
● the start odometer reading you gave us;
● the number of kilometres you purchased; and
● your end odometer reading.
Don't worry, if you think you’ll drive more than the number of kilometres you bought, you can top up your kilometres during the term. Just log in to your car insurance account to make the change. Keep in mind that we'll need to adjust your premium, too.
If you need to make a claim and your odometer reading at the time of the claim is less than your start odometer reading or greater than your end odometer reading, a $1,000 additional excess will apply.
Make sure you give us your start odometer reading within 14 days of the start date of your policy. If you need to make a claim after this time and you have not given us your start odometer reading, the $1,000 additional excess may apply.
Insurance is promoted by On by EnergyAustralia (a brand of EnergyAustralia Pty Ltd used under licence by EnergyAustralia Home Services Pty Ltd (EnergyAustralia Home Services)). EnergyAustralia Home Services is an authorised representative (AR 1288568) of Open Insurance ABN 23 166 949 444 AFSL 451712 (Open).
Insurance issued by Open on behalf of the insurer, The Hollard Insurance Company Pty Ltd ABN 78 090 584 473 AFSL No. 241436. Any advice is general only and does not take into account your situation or needs. Any information or advice provided is general only and doesn’t consider your objectives, financial situation or needs. You should carefully read the relevant combined Product Disclosure Statement and Financial Services Guide (PDS) and consider the relevant Target Market Deter
mination to help you decide if the product is right for you.