Commercial Motor Insurance

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Vero Commercial Motor Insurance is designed to get your business vehicles back on the road as quickly as possible, and offers several benefits:

  • A 24/7 paperless claims lodgement service
  • Lifetime guarantee for repairs
  • If your driver is at fault for an incident, we will oversee the management of third party repairs wherever possible
  • A choice of repair options including S.M.A.R.T (Small to Medium Accident Repair Technology) to deliver high-quality repairs in half of the time of traditional repairers. Learn more in the brief video below

 

What you'd expect from a specialist insurer

Vero Commercial Motor Insurance is available where you have less than 15 commercial vehicles (e.g sedans, light commercials, vans, 4WDs, forklifts and commercial trailers) It can be purchased as a stand-alone policy or can be included as an additional section to some of our package products.

To learn more about how Vero can meet your commercial motor insurance needs, speak to a broker. If you have 15 or more commercial vehicles, check out Vero Motor Fleet Insurance.
 

Product features

Vero Commercial Motor Insurance offers different types of cover for your commercial vehicles. You can choose from:

  • Comprehensive cover (including Legal Liability);
  • Legal Liability, Fire and Theft cover (only available for certain vehicles); or
  • Legal Liability Only cover.


Comprehensive cover includes:

  • cover for theft, loss or damage to your vehicle caused by an insured event
  • new vehicle replacement after total loss of your vehicle for events occurring within two years of the date of the vehicle’s original registration and you are the original owner of the vehicle
  • choice of repair options including S.M.A.R.T. repair technology that delivers high-quality, fast repairs in half of the time of traditional repairers
  • cover for reasonable costs for emergency repairs, travel and accommodation
  • cover for reasonable and necessary costs of towing or storing a vehicle when it cannot be driven
  • use of a hire vehicle, for up to 30 days or a specified dollar limit, after your vehicle is stolen and either not found or is found but not drivable, and
  • lease payout up to a specified limit – we will pay the difference when the amount owed under a lease or a hire purchase agreement is greater than the market value of the vehicle if it is a total loss.
  • legal liability cover up to $50 million


Legal Liability, Fire and Theft cover is only available for sedans, utilities, vans and 4WDs of not more than 2 tonne carrying capacity and includes

  • cover for loss or damage to your vehicle caused by theft, fire, explosion or lightening
  • cover up to $5,000 for loss or damage to your vehicle caused by uninsured drivers,
  • legal liability cover up to $50 million.


Legal Liability includes:

  • legal liability cover up to $50 million
  • cover up to $500,000 for liability arising from the dispersal of pollutants
  • cover up to $5,000 for loss or damage to your vehicle caused by uninsured drivers

 

PDS & Policy Wording

Vero Commercial Motor Insurance PDS

This PDS is available from 14 August 2017

 

The information above is a summary only. For full details of what is and isn’t covered you should read the Vero Commercial Motor Insurance PDS before deciding to purchase this product. Insurance issued by AAI Limited ABN 48 005 297 807 AFSL 230859 trading as Vero Insurance.