eric Car Insurance

Eric (stylised as eric) is a general provider of car and motorcycle insurance in Australia. We have provided a summary of the car insurance cover available from eric below.

What types of car insurance does eric offer?

eric currently offers one type of car insurance: comprehensive car insurance. This includes benefits such as essential repairs, new vehicle replacement after a total loss, loss of personal property, hire car after theft and legal liability cover.

Canstar does not currently compare eric car insurance, but you can compare other car insurance providers on our database:

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What additional features does eric offer on its car insurance products?

eric offers additional benefits such as emergency travel and accommodation, personal property cover, and cover if your keys are lost or stolen.

eric also allows you to add windscreen cover as an optional extra on its Comprehensive Car Insurance (up to A total of $600 at the time of writing). This pays you a benefit if your front or rear windscreen is damaged and needs to be repaired or replaced. eric says it will pay for one windscreen claim, free of excess. Read the product disclosure statement (PDS) for a full list of terms and conditions.

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eric car insurance FAQs

First, consider comparing comprehensive car insurance policies among a range of providers with Canstar to see if you can find a product that suits your needs.

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According to its website, you must meet the following eligibility criteria to apply for comprehensive car insurance with eric:

  • Vehicle must be registered and roadworthy
  • Diver must be licensed and 18 years or older
  • Vehicle cannot be older than 20 years
  • Vehicle must not have existing damage
  • Car should not be used for excluded purposes (courier, racing, rideshare, rental, delivery, etc.)
  • An acceptable driving and accident history

If you choose to go with eric, you can get a car insurance quote directly through its website or over the phone.

In their online quoting tool, eric offers certain drivers a choice of excesses ranging from $675 and $1425 for drivers who are listed on your insurance policy, and $750 for unlisted drivers. This could be different according to the profile of the applicant.

As mentioned on its website, eric offers five types of excess:

  1. Basic excess;
  2. Inexperienced driver excess;
  3. Imposed excess;
  4. International licence holder excess;
  5. Unlisted driver excess (excluding learner drivers)

Remember, generally the higher the excess, the lower the car insurance premiums will be and vice versa.

Policyholders can choose between covering their vehicle for its market value or an agreed value for most claim types. Some exclusions may apply.

If you’re not sure which of these options would be better for your vehicle specifically, here’s an article about market vs agreed value which could help you make your mind up.

According to eric, you can lodge a claim 24/7. This can be done via one of the following ways:

  • Over the phone during business hours
  • Online via its website
  • Via email
  • Via post

Policyholders will be notified prior to their insurance policy expiring with an invitation to renew. eric says it will send you a renewal notice prior to the expiry of the insured period. It states that if you pay your premium by instalments, your insurance will automatically renew if you do not notify eric otherwise.

Consider comparing car insurance policies before simply renewing the same policy, to help ensure you can continue to get the cover you need as well as value for money.

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A totally-owned Australian general insurance provider, eric has more than 20 years of experience in the automotive industry. It provides motorcycle and comprehensive car insurance, as well as specialist policies, such as for tyres and wheels. Eric Insurance Limited underwrites motor trade-related insurances for wholesale and retail clients.

Written by: Tamika Seeto | Last updated: October 19, 2021