Vehicle Insurance – What Can I Claim?
You can salary package the cost of your car insurance premiums using pre-tax income if this benefit is offered by your employer, provided the policy is in your name or your spouse’s name and you have paid for it directly.
What you can claim
- Car insurance premiums paid by you
- Policies in your name or your spouse’s name
- Premiums you have already paid as a reimbursement
- Instalment-based premiums, such as weekly, fortnightly or monthly direct debits, if you provide the required evidence
- Up to 12 months of instalments, including the amount already paid and/or the remaining instalments until your renewal date, where your policy shows ongoing payments and you provide evidence of at least one payment
What you can't claim
- Insurance that was not paid directly by you
- A policy in someone else’s name, unless it is in your spouse’s name
- Claim without a current insurance policy document and proof of payment
Documentation Requirements
What documents do I need?
You’ll need a copy of the current car insurance policy, either for a new policy or renewal. The policy should show your name or your spouse’s name, the insurer’s name, the policy type, the period of insurance, the premium amount, the payment type, and any stamp duty or GST if available.
What proof of payment can I provide?
You can provide a receipt, BPAY payment confirmation , direct debit details shown on the policy document, or a financial institution statement showing the direct debit payment(s).
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Examples
Can I salary package my annual car insurance premium?
Sarah paid her annual car insurance premium, and the policy is in her name. Car insurance is an eligible expense, so Sarah can submit a claim as long as she provides a copy of the insurance policy, along with proof of payment.*
Can I claim monthly car insurance instalments?
Michael has a car insurance policy with ongoing direct debit payments and can provide evidence of a recent payment. Monthly car insurance instalments are an eligible expense, so Michael may be able to claim up to 12 months of instalments, including the amount already paid and/or the remaining instalments due before the policy renews. Michael is required to submit a copy of the insurance policy, along with proof of payment.*
Can I claim a policy paid by someone else?
Emma has a car insurance policy in her name, but the premium was paid by another person. Car insurance premiums can only be claimed by the person who paid them, so Emma cannot claim this expense.*
Can I claim my spouse’s car insurance policy?
David paid the premium for a car insurance policy that is in his spouse’s name. A spouse's car insurance policy is an eligible expense when the employee has paid the premium, so David can submit a claim as long as he provides a copy of the insurance policy, along with proof of payment.*