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KOBA Insurance Comprehensive Car Insurance

Advertiser disclosure
Important information on terms, conditions and sub-limits
Monthly premiums available
Yes
Maximum no claim discount
Not Published
Online discount
n/a
Choice of repairer
No

Mozo editorial review KOBA Insurance Comprehensive Car Insurance - last updated: 24 November 2021

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What's hot
  • Variable pay-per-km pricing with monthly monitoring
  • New car replacement (under 2 years old and 40,000km driven)
  • $500 emergency travel and accommodation
What's not
  • Additional young driver excess (under 25)
Mozo snapshot

This comprehensive policy from start-up insurance provider Koba is one for car owners who don’t drive very often and want personalised discounts for this habit. The company uses an onboard device that plugs directly into your car to monitor the distance you drive, and sets each month’s premium accordingly. The aim is to help you save on premiums while insuring you for damages you might cause to other vehicles and your own wheels.

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Key features

Before we get into the tech-led innovations of Koba car insurance, let’s lay out the major coverage points. When you take out a Koba policy, you can rest easy knowing they’ll cover the cost of replacing your car with a vehicle that's the same make and model should it be written-off (as long as it’s driven under 40,000km and is less than 2 years old). 

You’ll be covered for damages caused by events like collisions, theft, vandalism, storm, hail, flooding and fire, and can get $500 put towards emergency travel and accommodation expenses (plus reasonable towing) if you’re more than 200km away from home and your car can’t be driven. There’s up to $500 cover for damaged baby seats per-claim ($1,000 total) and hire car cover for up to 14 days following a theft ($70 per-day). 

Optional extras – which come at an additional cost – include excess-free windscreen and window glass repairs and alternative travel cover up to $70 per-day for 14 days if your car is being repaired or replaced after a claim.

So, what makes Koba really stand-out from other comprehensive policies? Koba offers variable monthly premiums based on the distance you travel with a pretty basic rule: if you drive less often, you’ll pay less. There is a simple fixed cost (that you'll need to pay annually) as well as this variable per-km charge which sits between 3 cents and 8 cents per-km for most customers. This is different to some other pay-as-you-drive insurance policies, which offer reduced premiums when you stay under a set number of kilometres each year or month.

Koba offers this alternative using a kind of blackbox technology called the ‘Koba Rider’ which plugs into your car’s on board computer and tracks the kilometres you travel, sending that data to the linked Koba app. You’ll be sent the Koba Rider and need to download the app when you sign up.

And don’t stress out if you rack up major distances on a road trip. The kilometres you can be charged for maxes out at 250kms a day or 1,750kms per month, so everything after that for the day or that month won’t affect your premium.

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Who is it good for

Australians who want comprehensive cover for their car but don’t drive very often, and want personalised premiums to match. You’ll also want to be handy with technology to manage your policy via the Koba app.

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Any catches

Since the monthly premium is variable, you may see a larger monthly charge which you haven’t budgeted for if you happen to drive further than normal (variable premium payments are deducted automatically). So, be sure to keep an eye on your bank balance to ensure there's adequate funds to cover each installment, and the Koba app where all your trips and costs are displayed in real time.

Also, remember there’s an additional excess for young drivers that could cost you more at claim time if you're under 25.

Details

Rates and fees information correct as at 29 November 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Discounts and excesses

Yes

Yes

yes

Not Published

n/a

n/a

n/a

No

n/a

Service features

No

No

8.30am to 6pm Monday-Friday

Maximum daily amount: 250 km / day. Maximum monthly amount: 1750 km / month.

n/a

Coverage summary

Agreed

Yes - within 2 years of original registration

Up to $500

Yes - standard excess. Option to reduce windscreen excess to $0 for an additional premium.

Up to $500

Reasonable towing costs. Up to $500 travel and accommodation costs if 200km from home.

Yes - Up to 14 days, max $70 per day

Optional Extra - Up to 14 days, max $70 per day

No

Up to $1,000

Up to $1,000

Up to $500 per item, maximum $1,000 in total.

Covered only if agreed in writing.

No

No

*Terms, conditions, exclusions, limits and sub-limits may apply to any of the insurance products shown on the Mozo website. These terms, conditions, exclusions, limits and sub-limits could affect the level of benefits and cover available under any of the insurance products shown on the Mozo website. Please refer to the relevant Product Disclosure Statement and the Target Market Determination on the provider's website for further information before making any decisions about an insurance product.

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