Products

Depending on the size of the motor fleet, Vero’s Commercial Motor has split its offering into two areas.
 

Employers with 15 or more light vehicles

Vero’s clients can select Vero’s Motor Fleet policy, which will be individually underwritten by the Vero Motor Fleet team.
 

Employers with less than 15 light vehicles

Clients can access our Enterprise Commercial Motor policy, delivered through e2 and supported by Vero’s Business Development Managers and State underwriting teams.
Both these policies offer two different types of cover to protect your clients’ vehicles:

• Comprehensive, and
• Legal Liability.

Comprehensive insurance coverage includes:

• theft, loss or damage to your client’s vehicle caused by an
• insured event
• new vehicle replacement after total loss if the event
• occurs within two years of the date of the vehicle’s
• original registration
• reasonable costs for emergency repairs, travel and accommodation
• 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 client’s vehicle is stolen and either not found or is found but not drivable, and
• lease payout – we will pay the difference when the amount owed by your client under a lease or a hire purchase agreement is greater than the market value of the vehicle if it was a total loss.

Legal Liability insurance covers:

• legal liability up to $30 million
• pollution cover up to $500,000, and
• damage by uninsured drivers up to $5,000 or the market value of your vehicle.

Policy Wordings

Vero Commercial Motor Wording
Vero Enterprise Motor Insurance PDS

Product Disclosure Statements (PDS's) for Commercial Motor Insurance and Enterprise Motor Insurance are available. You should consider these PDS's before deciding to purchase a product. These products are issued by Vero Insurance Limited ABN 48 005 297 807.