Each year in Australia, over $1 billion dollars is raised
from traffic speeding offences alone.

The most common offence exceeding the speed limit by 10km or less. This figure does not take into account other common fines such as red light cameras or failing to stop at a stop sign.

Other common fines such as red light cameras or failing to stop at a stop sign. Given the enormous amount raised, it makes sense that this figure represents millions of separate fines. In a population the size of Australia it isn’t a stretch to assume that the recipients of these fines are our own employees, our family members and of course ourselves.

This can have major implications on both your business and personal motor insurances. Whilst you could be forgiven for dismissing the fines as minor once-off incidents, or that the driving checks you undertook when you employed your driver/s were adequate indication of their driving history, these assumptions can leave you exposed in the event of a motor claim.

It is vital that you inform us of any driving (not parking)
infringements – minor or otherwise.
When in doubt, let us know!

Monique Logan

When you take out a motor policy, either personal or commercial you are required to declare whether any of the drivers of the vehicle/s has had any traffic infringements or had their licence cancelled in the past 3 years (minimum – some insurers require more disclosure and for longer periods). This same requirement happens at the time of every renewal, and if there are any traffic offences that occur during the policy period, these strictly speaking should be notified to the insurer at the time.

It is vital that you inform us of any driving (not parking) infringements, minor or otherwise.
We also highly recommend businesses that employ drivers to operate their vehicles, have a risk management strategy in place to request regular updated driver history records. The regularity of these will depend on the size of your business and your fleet, but given the high number of offences occurring in Australia any year, once a year may not be enough.

Driving records are very easily obtained, by the driver, from the various state transport authority websites. By undertaking this exercise, you are demonstrating to the insurer that you are managing the risk which may in turn enable us to negotiate more favourable terms. It also means that in the event of a claim, you have done everything you can to fulfil your duty of disclosure.

We encourage you to let us know of any material
change to your business or circumstances that
may have bearing on your insurance.

When in doubt, let us know!
Monique Logan

Some of our clients may recognise themselves in this article.
We have had a number of claims in recent months where driving history (both minor infringements and more significant ones) have surfaced through a claim. This may be so serious in some instances as to deny a claim.

Please carefully check the confirmation of answers that you receive with all new policies and renewals as these show what we have, or do not have, on record in relation to traffic offenses.

Whilst it is true that insurers are stretching brokers and clients with requests for detail in more and more aspects of an insured risk, it is undeniable that speeding is the number one leading cause of major accidents in Australia, and as such it makes sense that insurers will look unfavourably on an insured with repeat offences.

We encourage you to let us know of any material change to your business or circumstances that may have bearing on your insurance, including significant changes in turnover, in staff numbers, in business activity (have you “pivoted” your business through COVID?), premises occupancy and more.

How to request a driving history:

We want you to understand our role and how we can support your business to choose the right insurance, save you money and disappointment when making claims. Andrew and Monique Logan

 

As confusion continues over the COVID-19 pandemic and what is covered,
Logans offer complimentary cover reviews for new and existing clients.

Logan Insurance | Client Stories

 

We have created short videos to introduce our client stories

Betta Home Living

On New Years eve 2020, Betta Home Living in Bateman’s Bay was totally destroyed by bush fire.
Adequate property insurance meant our clients could be swiftly compensated for the loss.

Bitton

Bitton was founded in Alexandria, Sydney in 2000. Since then, David and wife Sohani have launched a product range of the same name, a small business consultancy, Bitton Consulting and a second café,
Bitton Oatley. A third café is opening in Rose Bay in Jan 2020.

Boob Loob
BOOB LOOB is one of our newest clients. Their product encourages women to perform breast checks that are easy and effortless. Boob Loob is designed for women to put their mind at ease without changing their daily routine. Proudly made in Australia and every bottle purchased online means $1 dollar donated to the McGrath Foundation.

At Logans we provide cover for businesses of all types.

While they are all different in their insurance needs, Betta Home Living, Bitton and Boob Loob
all have extensive cover placed through Logan Insurance Brokers. Cover for these clients includes Public Liability, Business Interruption, Transit, Product Liability,
Theft, Fire, Machinery Breakdown and Food Spoilage.

Our clients have saved $100’s a year by combining and customising their business cover.

Our business is to know your business. Logans will always provide options for the best available cover for your business. That way disappointment is avoided when it comes to making a claim.

 If you would like to see how Logans can help your business, please use the link below.

A good insurance broker will ask relevant questions and seek to keep up to date on your business needs. They will also keep up their education in new products and cover in the market, ensuring you have the broadest choices available to you.