Explore Car Insurance


Retirease provides great-value car insurance products to Aussie retirees. Some of Retirease’s selling points are:

  • discounts and variable excess options to provide affordable car insurance for retirees
  • underwritten by Auto and General, a member of the Insurance Council of Australia
  • customers don’t need to fill in any paper forms, keeping things simple

About Retirease

Since its founding, Retirease has provided affordable insurance to retired drivers. Only customers aged 55 and over, who are no longer employed full time, can be covered by Retirease.

Auto and General Insurance Company Limited, a member of the Insurance Council, underwrites Retirease car insurance policies.

Retirease car insurance products

Retirease provides three levels of car insurance policies for customers, with a range of benefits to suit a range of needs and budgets.

Comprehensive cover

Comprehensive cover is the highest level of car insurance available from Retirease. Customers with a comprehensive policy will be covered for things, such as:

  • damage caused by accidents, theft, attempted theft, malicious damage, fire, storms, floods and hail
  • legal liability for accidental damage your car causes to a third party’s car or property
  • emergency accommodation and transport after an incident
  • damage to your trailer if you were towing it during an incident
  • a hire car if your car is stolen.

Customers may be able to choose a number of additional extras to be included in the policy, including:

  • 24/7 roadside assistance
  • a hire car when yours is damaged in an at fault claim
  • reducing the excess for window glass damage.

See product disclosure statement (PDS) for full limits, terms and conditions.

Third Party Property, Fire and Theft

Third Party Property, Fire and Theft is designed for customers searching for a more affordable policy without the bells and whistles. Coverage includes:

  • up to $5,000 or market value of the car (whichever is the lesser) if it’s damaged in a no fault accident by an uninsured driver (to a limited amount and where the uninsured driver is identified)
  • legal liability for accidental damage your car causes to a third party’s car or property
  • damage caused by fire or if the car is stolen.

This policy will not cover damage from attempted theft. See PDS for full limits, terms and conditions.

Third Party Property Only

This the basic level of cover for retirees looking to cover the essentials. This policy generally covers:

  • up to $5,000 or market value of the car (whichever is the lesser) if it’s damaged in a no fault accident by an uninsured driver (to a limited amount and where the uninsured driver is identified)
  • legal liability for accidental damage your car causes to a third party’s car or property.

Additional benefits

Depending on your level of car insurance and eligibility, you can take advantage of multiple benefits that can help you tailor your policy. Some of these benefits include:

  • discounts for driving under a set kilometre limit per year
  • lower or increase the premium by paying a higher excess or lowering the excess
  • guarantee on the quality of authorised repairers
  • option to pay annually or in fortnightly or monthly instalments.

See PDS for full limits, terms and conditions.

Frequently asked questions

How do I make a claim with Retirease?

To make a claim, contact Retirease over the phone. You will typically require the following information to help validate your claim:

  • your Retirease policy number
  • details of the incident (e.g. time, date and location)
  • the involved third party’s details (if applicable), including their name, phone number, insurance details, vehicle registration and address
  • details of the property involved in the incident, both cars and property
  • any photos of the damage
  • police reports (if applicable)
  • any witnesses’ details.
Will I have to pay an excess?

If you’re involved in an accident and the insurer deems you not at fault and the other party is identified, you won’t have to pay any excess. In other instances, you will usually have to pay the basic excess and any other additional excesses that may apply. All excesses will be listed on your Insurance Certificate.

Additional excesses may apply when the person driving your car, who is not an excluded driver but who:

  • is under 21 years of age
  • is between 21 to 24 years of age inclusive
  • hasn’t held a full Australian licence for at least two years
  • is not a listed driver on your policy’s Insurance Certificate
  • is not retired*

*Retired means not gainfully employed or seeking employment, and aged 55 years or over (45 years or over for a spouse or partner).

For more detailed information on excess payments, always read your policy’s PDS.

How do I cancel my Retirease car insurance policy?

You may cancel your Retirease policy at any time. If you cancel your policy within 21 days of the purchase (“cooling-off period”) or renewal date and no claim is made you will receive a full refund of the premium you have paid.

If you cancel outside the cooling-off period and no claim is made and you have paid an annual premium, you will be refunded any premium you have paid for the unused portion of your policy, less an early cancellation fee and less any government taxes and charges. If you pay your premium by instalments, there would be no refund of any part of an instalment you have paid.

How do I switch car insurance providers?

Switching car insurance policies or providers only takes minutes, and it may just land you a better deal. You can compare Retirease side-by-side with a range of car insurance providers through Compare the Market’s online comparison service. Best of all, it’s 100% free to use and can be tailored to your needs and budget, with the results based on the information you provide.

Compare car insurance

You’ve made it to the end!

Don’t stall now. See if you can track down better car insurance cover

Compare car insurance