Pros
- If your car is written off in the first 3 years and is under 60,000 km, QBE's comprehensive policy includes a new car replacement. This is better than other insurers that typically cap this benefit at 2 years or 40,000km.
- It has higher benefit limits than many other insurers. Specifically, its legal liability and personal effects limits.
- Emergency accommodation is covered for up to $1,000 - this is double some other insurers.
Cons
- QBE is consistently one of the most expensive car insurance providers.
- For an expensive policy, its inclusions are average. For example, it does not include roadside assistance. This would cost an additional $100 per year. Youi on the other hand does include roadside assistance and is cheaper on average.
- QBE's product disclosure statement (PDS) includes vague details around policy limits, such as "reasonable costs". This makes it difficult to understand what monetary limits actually apply to certain benefits in the policy including towing and storage costs.
