Coles Car Insurance Reviews
Coles in one of Australia’s largest supermarket chains and is owned by the Wesfarmers group. Coles car insurance is underwritten by Wesfarmers Insurance. There are 3 types of car insurance available from Coles: comprehensive, third party, and third party fire & theft. Coles also sells home insurance products. Read some Coles car insurance reviews below or leave your own.
Coles currently offers a price beat guarantee for over 30’s who switch to Coles and 1 year roadside assistance for over 30’s who purchase comprehensive car insurance. Note: Check these are still offered before purchasing.
Extra flybuys points are earned on policies and a greater discount is offered for flybuys members.
Coles Comprehensive Car Insurance review
| Discounts | |
|---|---|
| Online discounts | 10% or 15% for flybuys members |
| Max no claim discount | 65% |
| Multi policy discount | None |
| Features | |
|---|---|
| Choice of repairer | Yes |
| Choice of agree or market value | Both |
| Pay monthly at no extra cost | No |
| New car replacement | 1 year |
| Options | |
|---|---|
| Excess free Windscreen replacement | Optional |
| Hire car after accident | Optional |
| Variable excess (to reduce premium) | $600 to $2100 |
What has happened to Coles Insurance? Up until a couple of years ago I had transferred all of mine and my families insurance to Coles, both cars and houses. Over the past 2 years I have had to dump most of these because my renewals had gone up so much and I got several other quotes from others. The final straw came when I received my home insurance renewal. Up from $1,755 to $8,331 in one year. No claims, no fires or floods or crime in our area and I am retired and at home every day. I switched insurance cover for $2,200 elsewhere.
Coles Insurances (viz. Car and House) are just a front for the big insurance underwriters which rely upon the good name of Coles (founder G J Coles) to capture and control gullible customers.
The “Little Red Car” promotion gets you in through “bait and switch” promotions.
Lower premiums in the first year can be expected to increase by at least 10% even if you are in the lowest risk category. The initial windscreen protection drops off and a “not match price” policy prevails.
Don’t expect any consideration for multiple policies, loyalty and continuous no-claims.
Shop around, check their PDS before purchase and if you have concerns, you will get Durban in South Africa. Beep, Beep look out LITTLE RED CAR !!