Essendon Mazda Finance and Insurance
The team at Essendon Mazda can assist you with your finance and insurance needs.
At Essendon Mazda we will provide you with a friendly, professional approach to obtaining finance for your next purchase with us.
Our product range covers all types of business and individual finance, and has you covered with a comprehensive insurance product to suit your budget for Mazda vehicle.
Comprehensive Motor Vehicle Insurance
Why do I need Comprehensive Motor Vehicle Insurance?
Imagine the inconvenience of being without your vehicle. Could you afford costly repairs, or to replace your vehicle altogether? PowerTorque Insurance’s Comprehensive Motor Vehicle policy includes cover for accidental loss, damage and liability for property damage, providing reliable and affordable protection in case the unexpected happens.
When should I get my cover?
Comprehensive Motor Vehicle Insurance may be purchased at any time, so switch and enjoy the extensive features and benefits offered by PowerTorque Insurance.
What are my payment options?
For your convenience, you can pay in any of the following ways:
- Monthly instalments
- Annual lump sum
How do I organise Comprehensive Motor Vehicle Insurance?
Organising your Comprehensive Motor Vehicle Insurance cover with PowerTorque Insurance couldn't be easier.
Finance Gap Insurance
If you’ve financed your vehicle and it is written off as a result of an accident or theft (total loss), our Finance Gap Insurance policy (Gap Insurance) will provide cover for the gap between the total loss payment you receive under your motor vehicle insurance policy and the amount outstanding on your vehicle finance contract (GAP), up to the level of cover chosen. It also provides financial support by way of ‘extras cover’ that can assist with your purchase of a replacement vehicle.
Who should consider Gap Insurance?
Gap Insurance may suit anyone who has:
- taken out finance to purchase a motor vehicle;
- comprehensive insurance in place on the same vehicle;
- borrowed more than 70% of the cost of the motor vehicle;
- a reasonable likelihood of experiencing a GAP between the total loss payment on their comprehensive motor vehicle insurance policy and the amount outstanding on your vehicle finance contract.
Finance Protection Insurance
It’s always better to have options, whatever your circumstances. So, if you’ve financed your vehicle and you’re unable to work due to serious illness, accidental injury or involuntary redundancy – Finance Protection Insurance can cover your car loan repayments for up to 180 days.
If your claim is accepted, you can terminate your finance contract and hand back your vehicle. We’ll pay any outstanding payments, less the vehicle net sale price, less any arrears due on your finance contract, subject to the remaining maximum cover you’ve chosen.
Additional benefits also let you hand back the vehicle if:
- You’re self-employed and are declared bankrupt
- You have to quit work to care for a family member on the recommendation of a medical practitioner
- You need to relocate to a posting overseas for more than one year.
Extended Warranty Insurance
Enjoy protection that continues beyond your new vehicle warranty cover. Extended Warranty Insurance covers your car for defects in materials or workmanship under normal use and operating conditions (exclusions apply) – with the reassurance that repairs will be made with Genuine Parts. Choose from 1, 2 or 3 year plans capped at 100,000km or 150,000km, depending on your driving habits.