Driveline Transport Package Insurance

IB BoUA - Brokers' Pick Medal

We prefer to package an operator’s total insurance program for simplicity and security of both brokers and their clients. Our Driveline Transport Package offers the insured a way to obtain all the cover they need, with the convenience of less paperwork and the competitive pricing of a single package.

Talk to your broker about the best way to combine your Commercial Motor Insurance with additional covers to create a package tailored to your needs.

The Covers Available:

Section 1 – Commercial Motor Insurance
Our Commercial Motor Insurance covers loss or damage to your vehicle and your liability to pay for damage or injury caused by your vehicle (other than injury covered by a CTP policy).

Section 2 –Business Interruption (Downtime) Insurance
Our Business Interruption (Downtime) Insurance covers you for the loss of income while your vehicle is not operational as a result of a claim having been accepted under the Commercial Motor Insurance Section.

Section 3 – Public and Products Liability Insurance
Our Public and Products Liability Insurance is a popular choice for business owners in our industry. This policy will cover you for the amount you are legally liable to pay as compensation for certain personal injury and/or property damage, up to a set limit.

Section 4 – Carriers Transit Liability Insurance
When your income depends on what you are transporting, having the best possible cover makes sense. Our Carriers Transit Liability Insurance covers your legal liability regarding compensation for loss or damage to goods and/or livestock, as well as agreed amounts of loss or damage for goods and/or livestock.

Section 1 – Commercial Motor Insurance

Some of the Standard Features and Additional Benefits:

Our standard features offer a range of cover and benefits, including:

  • $35,000,000 third party liability for any one original cause
  • $1,000,000 third party liability for dangerous goods, any one original cause
  • New vehicle replacement (sedans, station wagons and under 4.5 tonnes GVM) within two years of original registration
  • Sum insured payout total loss or replacement vehicle (bus, coach and goods carrying vehicles with 4.5 tonne GVM or greater) within two years of original registration
  • Finance payout for total loss – up to 25%
  • Automatic additions and deletions – $500,000 limit, 30 day notification
  • Hire vehicle following theft – 30 days, limit $7,500
  • Bodily injury (CTP gap liability)
  • Non-owned trailers legal liability – limit $100,000
  • Cross liability clause
  • Work Substitute vehicles – Part A & B cover whilst used on the insured’s business
  • Repatriation expenses – limit $5,000
  • Employees personal property – limit $2,500
  • No fault excess clause for sedans, station wagons, bus, coach or other goods carrying vehicle with a carrying capacity of less than eight tonnes GVM
  • Automatic Australia-wide cover
  • Difference in excess for rental vehicles – limit $5,000
  • Disablement modification – limit $10,000
  • Employee psychological counselling – limit $5,000
  • First Aid Kit restocking or replacement
  • Funeral expenses – limit $10,000
  • Keys and locks – limit $10,000
  • Retrieval expenses – no damage – limit $50,000

Optional Benefits:

Talk to your broker about adding optional benefits to your transport package, including:

  • Non-owned trailer liability (increased limits)
  • Non-owned trailer (comprehensive)
  • Dangerous goods – increased limits up to $30,000,000
  • Hook liability

Section 2 – Business Interruption (Downtime) Insurance

Our Business Interruption (Downtime) Insurance can provide from one to four months cover for loss of income while your vehicle is not operational. A limit of four months and $20,000 per month, per vehicle applies.

Section 3 – Public and Products Liability Insurance

For road freight transport and bus and coach operators

Our standard features for Public and Products Liability Insurance offer a range of cover and benefits, including:

  • Limits of indemnity available up to $20,000,000
  • Bodily injury, property damage and advertising injury
  • Investigation, defence and settlements
  • Acquired and subsidiary companies
  • Social and sporting clubs’ officers and members whilst acting in their respective capacities as such officers or members
  • Care, custody and control (incidental warehousing – available upon request)
  • Watercraft under ten metres in length
  • Erections, alterations and additions up to $500,000

Section 4 – Carriers Transit Liability Insurance

With our Carriers Transit Liability Insurance for road freight transport operators (carrying non-owned freight), your broker can advise which of the following package options will best suit your business:

  • Carriers legal liability for carriers using consignment conditions
  • Accidental damage

OR

  • Specified perils for carriers who have assumed responsibility irrespective of any contract or legal liability