Retirease works to provide affordable car insurance to retired Australian drivers. Customers can have confidence in their policies as Retirease car insurance is underwritten by Auto & General Insurance, a member of the Insurance Council of Australia.
Retirease offers three levels of car insurance cover to suit a range of needs and budgets: Comprehensive, Third Party Property, Fire and Theft and Third Party Property Only.
The events you’re covered for under the different cover types are listed in the table below. For the full details of Retirease’s car insurance policies and the benefit limits on your coverage, refer to their Product Disclosure Statement (PDS).
When comparing car insurance quotes with us, you’ll be able to view the PDS of any policy before you buy.
| Benefits | Comprehensive | Third Party Property, Fire and Theft | Third Party Property Only |
| Accidental damage to your own car | ✓ | ✗ | ✗ |
| Damage to other people’s property | ✓ | ✓ | ✓ |
| Fire damage | ✓ | ✓ | ✗ |
| Theft | ✓ | ✓ | ✗ |
| Vandalism | ✓ | ✗ | ✗ |
| Storm damage | ✓ | ✗ | ✗ |
| Hire car following a no-no-fault accident | ✓ | ✗ | ✗ |
| Hire car following theft | ✓ | ✓ | ✗ |
| New car replacement | ✓ | ✗ | ✗ |
| Personal effects | ✓ | ✗ | ✗ |
| Essential repairs | ✓ | ✗ | ✗ |
| Emergency transport and accommodation | ✓ | ✗ | ✗ |
| Authorised Repairs guaranteed | ✓ | ✓ | ✓ |
| Replacement of keys | ✓ | ✗ | ✗ |
| Towing costs | ✓ | ✓ | ✗ |
| Trailer | ✓ | ✗ | ✗ |
| Damage from an uninsured third-party motorist | ✓ | ✓ | ✓ |
| Information is correct as of February 2023 and is subject to change. Review the Product Disclosure Statement (PDS) for full details on the coverage. | |||
On top of the coverage listed above, Retirease offers the following optional extras, which you can add to your comprehensive car insurance for extended coverage:
There are several reasons why Australians choose Retirease for car insurance:
You can pay for car insurance fortnightly, monthly or annually with Retirease. Payment methods include direct debit from a credit card or via direct debit. Choosing the annual option is cheaper than paying monthly or fortnightly. This is common across insurance providers, not just Retirease.
You must be retired or not gainfully employed in order to be eligible for a Retirease policy.
Retirease does not provide quotes for anyone under the age of 55. However, their car insurance does cover younger drivers if they’re listed on the policy as additional drivers of the car, including those under 25 years of age.
Those under the age of 25 may be subject to additional excess if they were behind the wheel at the time of an incident.
You can make a claim by calling Retirease’s claim enquiries number during their call centre hours. Their friendly staff will walk you through the process and ask for details about the incident. You may need to take photos and gather information from anyone else involved in the incident (including the police).
Retirease may ask you to mail those documents in the post or scan and send them via email to an address they will provide.
On top of a basic excess payment, you may have to pay one or more additional excesses depending on the circumstances of the claim. These can include:
* Retired means not gainfully employed or seeking employment, and aged 55 years or over (45 years or over for a spouse or partner).
While certain types of business use are covered by Retirease car insurance, ridesharing is not.
However, Retirease’s policies do cover giving a ride to members of a retirement village. They also cover private car sharing and voluntary home or community service, provided no profit is made from using the car that way.
You can cancel your car insurance policy with Retirease by calling their customer service line and talking to a member of the Retirease team. You may face an early termination fee for cancelling your policy, unless you do so within 21 days of purchasing or renewing your policy.
If you cancel within the 21-day cooling-off period, you will receive a full refund (provided you have not lodged a claim within that time period).
You can compare Retirease car insurance side-by-side with a wide range of policies through our free comparison service. We make it easy to weigh up included benefits, exclusions, excesses, prices and more.
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