NRMA car insurance: The National Road and Motorist Association, popularly known as NRMA, is a company that specializes in insurance and road assistance. They offer a range of products, including business, travel, and car policies. They are backed by AIG and have absorbed and taken over SGIC and SGIO into their operations. In this blog, we will mainly be focusing on NRMA car insurance and what it entails.
NRMA, a stalwart Australian car insurance company, has been advocating for driver safety for over 100 years. It is a good company for people looking for a reputable company to provide financial security in the form of comprehensive car insurance. This insurer rewards its members with good discounts while providing nice coverage limits across various policy features.
NRMA car insurance is like having a reliable friend on the road. It’s there to help cover the costs if something goes wrong with your vehicle, whether it’s due to an accident, theft, or damage from unexpected events like storms or floods. This provider offers different levels of coverage to suit your needs, whether you’re looking for basic protection or comprehensive coverage. With the insurer, you can hit the road with confidence, knowing that you have a trusted partner to support you along the way.
What Car Insurance Policies does NRMA offer?
NRMA offers third-party fire and theft insurance, third-party property damage insurance, and a comprehensive policy. Below is what each of the policies covers:.
Comprehensive car insurance
This policy provides a wide range of coverage options. It is available in two levels: comprehensive and comprehensive basics. Each has specific cover factors that depend on what you choose and where you love. The following are the benefits and features that may be included:
- Accidental damage to your car from various incidents, like accidents or weather conditions such as storms and floods, regardless of fault.
- Coverage also extends to fire damage, theft, attempted theft, or vandalism.
- Liability protection for damage your car causes to other people’s property has a high limit of $20 million.
- If your car was not at fault in an accident, you’re eligible for a rental car until repairs are complete or your claim is settled.
- In the case of theft, you can get a rental car for up to 21 days.
- Towing and storage costs for your vehicle if it’s unsafe to drive after an accident or theft are covered.
- Emergency repairs to ensure your car is roadworthy are also included, up to $800.
- New car replacement within three years of registration in the event of a write-off.
- Protection for personal belongings and tools of trade inside the car, along with coverage for legal accessories and modifications.
- Occasional ridesharing purposes are covered, and emergency transport or accommodation costs are reimbursed if you’re more than 100km from home and your vehicle is deemed unsafe to drive, up to $1,500.
- Stolen keys and lock replacement costs are covered up to $2,000
- NRMA provides a lifetime repair guarantee.
Third-Party Fire and Theft (TPFT)
Meanwhile, third-party fire and theft (TPFT) insurance provides a middle ground between comprehensive and basic coverage.
- With NRMA TPFT Car Insurance, you get protection against fire, theft, or attempted theft of your vehicle, with payouts of up to $10,000.
- Additionally, you’re covered for liability up to $20 million for damage your car causes to other people’s property.
- If your vehicle is stolen, you’re eligible for a rental car for up to 21 days.
- The policy also covers the reasonable cost of emergency repairs to ensure your car is safe to drive, with a limit of $800.
- In the unfortunate event of damage caused by an uninsured motorist, you’re covered for up to $5,000.
- Towing and storage costs for your vehicle after an accident or theft are also included.
- NRMA TPFT insurance extends coverage for occasional ridesharing purposes and offers reimbursement for emergency transport or accommodation costs if you’re more than 100km from home and your vehicle is deemed unsafe to drive, up to $750.
- Finally, if your vehicle is stolen, you’re entitled to a rental car for up to 21 days, with a daily allowance of $65 and a bond or excess coverage of $2,000 after damage to the hired car.
- NRMA provides a lifetime repair guarantee.
Third-party property damage
This is the lowest option for car insurance coverage. It’s made to provide protection to you against damages you may cause to other people’s belongings. NRMA third-party damage may include the following:
- It covers damages caused to your car if they are the fault of an uninsured driver.
- It covers damages caused to other people’s property by your vehicle.
- Towing to a safe place if an uninsured driver causes damage
- Theft or fire of about $10,000 in market value
- It covers occasional ridesharing purposes.
- NRMA provides a lifetime repair guarantee.
Compulsory Third Party
Compulsory third-party insurance is required in all territories and states in Australia. Although some state governments provide the policy as part of vehicle registration, others have approved lists of insurers from which you can purchase the coverage. In the case NRMA, you can purchase the policy if you are in SA, NSW, or the ACT. However, the cover may vary between states. But the standard policies include
- Damages you caused to other people’s cars or property
- Injuries from an at-fault accident for about 52 weeks
- Medical bills for your injuries, regardless of who is at fault,
- Medical expenses of other people due to an accident you caused with your car.
Just so you know, this insurer offers other optional extras on comprehensive car insurance and comprehensive plus. These are: no-claim bonus protection, no excess window glass or windscreen claims, and more.
Pros and cons of NRMA car insurance
Below are some of the pros and cons of purchasing auto insurance through NRMA. Check them out.
Pros;
- The insurer offers different levels of comprehensive coverage.
- If you own a vintage or classic car, you may be able to buy the specialist coverage you want through NRMA.
- You will be able to choose any licensed repairer to get your car fixed.
- Good discount
- New for old car replacement of about 2 years registration on demonstrator and new models.
- Covers extensive after-accident
- Includes a hire car cover after no-fault accidents
Cons
- It is not available in Victoria.
- The coverage differences by state
- Expensive roadside assistance
Just so you know, not all coverage is the same across the country. For instance, no-claim bonus protection is not available in SA, but it is in NSW.
How can I make a car insurance claim with NRMA?
With NRMA, you have the convenience of filing your claim anytime, day or night, either online or by phone. Plus, you can chat with consultants online for assistance. For specific types of claims, such as glass damage or for classic, vintage, and veteran cars, there are dedicated specialist numbers you can call for support.
Why choose NRMA car insurance?
Choosing NRMA car insurance offers peace of mind and convenience like no other. With comprehensive coverage options and dedicated support available round the clock, NRMA ensures that you’re always protected on the road.
Whether it’s easy online claim submissions or specialized assistance for unique situations like glass damage or classic car coverage, the insurer has you covered every step of the way. You can also choose to purchase the policy on their website or at their physical locations. Trust in NRMA for reliable car insurance that puts your needs first.