Provides cover for over 4,000 car components

Platinum Warranty Insurance provides protection for your car on terms similar to the manufacturer’s warranty, covering repairs to over 4,000 components that suffer mechanical breakdown, with some exclusions.


Things you need to know

For purchases made from 1 June 2019 (PDS version number PWI_V010219_SS)


4 levels of cover: 

Platinum Extra Time


Platinum Short

Platinum PLUS

Key criteria

to be met

• Cars up to 3 years old
• Cars with <100,000kms

• Cars up to 5 years old
• Cars with <100,000kms

 • Cars up to 10 years old
• Cars with <100,000kms
• Cover for up to 24 months​

• Cars up to 10 years old
• Cars with <135,000kms

Vehicle service records to be kept up to date.
  Depending on your individual circumstances, warranty cover commences the later of:
  • the date manufacturer or dealer warranty expires, or
  • where no other warranty exists, the earlier of 30 days after the warranty is issued, or when the vehicle has travelled 5,000 kms from the date of purchase.


What's covered


Need to know

Repairs to covered components

Covers repairs to components that suffer mechanical breakdown similar to the parts included in the manufacturer’s warranty, with some exclusions.

Minor exclusions such as tyres,
battery and exhaust.

Choice of servicing

You choose the service centre – no restrictions, and you don’t have to use the centre you bought your car from.



The warranty can be transferred to the new owner. Only upon private sale of your car.
No excess No excess is applicable on claims.  
Quality guarantee All repairs to covered components authorised by Eric are covered for the remaining period of the cover.


Additional benefits

Eric has the extras covered: towing, accommodation, hire car, car rental excess and locksmith service.

Limits and conditions apply, see PDS for details.
Cooling-off period If circumstances change or if you change your mind, you can cancel your insurance within the first 21 days and receive a full refund, provided no claims have been made.  
Cancellation policy On cancellation after the cooling off period, Eric will provide you with a refund for the unused portion of the premium, less the cancellation fee. A refund of premium balance, less a cancellation fee of $50.


A guide to the major parts and components covered.


Refer to the Product Disclosure Statement (PDS) for full terms, conditions, exclusions and key factors that influence the cost of the insurance product.

Platinum Warranty Insurance is issued Eric Insurance Limited ABN 18 009 129 793 AFSL 238279 (Eric). The information above may contain general financial product advice that does not take into account your personal financial circumstances. You can obtain the relevant PDS via the link below or by contacting Selectus on 1300 01 02 03 or from Eric.

Platinum Warranty Insurance - Product Disclosure Statement (PDS)

 For purchases made from 1 June 2019 onwards (PDS version number PWI_V010219_SS)

Platinum Warranty Insurance - Product Disclosure Statement (PDS)

 For purchases made before 1 June 2019 (PDS version number PWI_V010217_SS)