SEE WHAT’S NEW IN POLICYCOMPARISON

AUGUST 2026 – PCI PolicyComparison Report 

NEW INSURER / POLICY WORDINGS/SECTIONS

• One (1) Commercial Pack / ISR – Allianz
• One (1) Contract Works – Miramar
• One (1) Liability – Miramar
• Two (2) Private Motor – Hume, Mercedes Benz
• One (1) – Strata – Flex

POLICY COMPARISON TEAM HAVE FOUND THE FOLLOWING RECENT CHANGES:

• Caravan/Trailer
  • Removal of No Claim Bonus clause from this Wording – APIA, GIO
• Commercial Motor
  • Alterations to Agreed Value, Market Value and Sum Insured Definitions – Allianz
  • Comparison Unaltered – Blue Zebra
• Commercial Packs
  • Policy Reference Number & Effect Date change – Allianz
  • Alteration to Claims Preparation Cost Benefit and Temporary Protection and Security Benefit and Alteration to Consequential Loss Exclusion in this Section – Acerta
  • Alterations to Agreed Value, Market Value and Sum Insured Definitions – Allianz
  • Change to Insurer Name and Change to Underwriting Agency Name – Miramar
  • Alteration to Money Definition.  Alteration to Claims Preparation Costs, Money in Transit Benefits and Increase in Limit for Temporary Protection Benefit – Acerta
  • Comparison unaltered – Allianz, Coast, NTI
• Contract Works
  • Alteration to Additional Insured(s) included under Definition of You, Your, Insured – Hutch
  • Cooling-Off Period removed from PDS – 360 Construction and Engineering
• Corporate Travel
  • Changes to some sections including definition of Terminal Illness, clarification of Specified Illnesses, Basis of Settlement for Loss of Baggage and Electronic Equipment and some Exclusion – QBE
  • New Exclusion for claims under Additional Expenses Non-Medical relating to illness, injury or death of an animal or pet – QBE
  • New Additional Cover for Family Accommodation and Transport Expenses Benefit– QBE
  • Additional Exclusion added to Section J Personal Liability – QBE
  • Comparison Unaltered – Cover-More, QBE
• Crop
  • Change in Underwriter and new Several Liability Notice, Change in Conditions for Property Map, Paddock Size Excess Adjustment, Yield Declaration and Other Insurance, Change in Chemical Overspray Cover, New Cyber Exclusion, Deletion of Underinsurance Clause – Insurance Facilitators
• Home Insurance
  • Inclusion of Family Violence Exclusions under Theft and Malicious Damage, Family Violence Basis of Settlement included under Claims for Your Contents – Real
  • Alteration to some items covered under Home Insurance Covers and Contents Insurance Covers – Coles
  • Inclusion of new Clauses for Reasons for Cancelling Your Policy and Your Conduction and Behaviour – Real
  • New Level of Cover – This Comparison completed on Standard Level of Cover – ANZ
  • Alteration to Exclusion for Buildings Undergoing Construction – Youi
  • Alteration to Conduct of Others Exclusion – Real
  • Alteration to Your Responsibilities when Construction Work Being Carried Out – Youi
  • New Exclusion for Items covered under Body Corporate or Strata Plan – Coles
  • Comparison unaltered – ANZ, Aussie, Blue Zebra, Coles, Everyday, Hume, NAB, Real, Youi
  • Completely rewritten wording – Elders
• Landlords
  • Alterations to Building Definition, Contents Definition and Basis of Settlement Clause – Blue Zebra
  • Removal of Optional Landlord Workers’ Compensation Benefit – Aussie
  • Various Alterations to some Benefits, Covers and Exclusions – Aussie
  • Comparison unaltered – Coles, Real
  • Completely rewritten – Elders
• Liability
  • Change of Underwriting Agency Name – Miramar
  • Change to General Exclusion Territorial and Jurisdictional Limits – Hutch
  • Comparison unaltered – Allianz, NTI, NTI Yellow
• Management Liability
  • Changes to Covers in relation to Emergency Defence Costs and Public Relations Expenses – Hutch
  • Inclusion of Cover for Emergency Defence Costs and Inclusion of Cover for Public Relations Expenses – Hutch
  • Change of name for Crisis Cover for Insured Persons to Emergency Defence Costs. Cover now limited to 14 days instead of 30, but Sub-Limit clarification has been removed from Policy Wording – Hutch
  • Inclusion of Cover for Emergency Defence Costs – Hutch
  • Comparison unaltered – Hutch
• Private Boat
  • Change in Underwriter details – New Wave Marine
  • Various Alterations to Cover, Benefits and Exclusions – Youi
  • Comparison unaltered – GIO
  • Completely rewritten wording – Elders
• Private Motor
  • Alterations to: No Claim Bonus Protection; No Claim Bonus – When It Isn’t Affected; Windscreen Benefit – No Claim Bonus Not Affected When Windscreen is the Only Damage – CGU
  • Removal of No Claim Bonus from the PDS – APIA
  • Comparison unaltered – Blue Zebra, RACV
  • Completely rewritten wording – ANZ
• Professional Indemnity
  • New exclusions relating to Coronavirus Vaccine and Deliberate Defamation – Berkley
• Rural Packs – Home & Contents
  • Alterations to: Unoccupancy Conditions and Definition and Cancellations Clauses – Farmstyle
  • Alterations to: Various Limits; Definitions and Cancellation Clauses – Allianz
• Strata
• Inclusion of Cyber Exclusion in Section 1 Buildings, Section 2 – Public or Legal Liability and Section 5 – Machinery Breakdown, Alteration to various Benefits for Insurer’s Consent – Axis

Comments

• Domestic and Landlords Workers Compensation Cover is still being removed from the Home and Landlords Policy Wordings
• Coronavirus Vaccine Policy Exclusion appearing in Professional Indemnity.
• Liability – Asbestos writeback of cover appearing for the unintentional or innocent use of existence of asbestos with a Limit $5m any one occurrence and $1m for Supplementary Payments

Summary of Changes vary per policy wording. Some Policy Wordings have been completely rewritten, whilst others have changed various exclusions, conditions, and benefits. Some wordings/sections were unaltered which means the policy wording has been updated but no change to the comparisons.

TEMPLATE CHANGES

Commercial Pack – Electronic Equipment

• Ongoing – moving up the Additional Information cells into the current template.

Domestic – Leisure Travel

• Various changes to Cover template.