![]() It may be worthwhile also looking at factors related to the premiums, such as any discount that applies for buying the policy online and being able to pay your premiums monthly at no extra cost. Check the premiums: Price certainly isn’t everything, but all other things being equal, a cheaper policy may be appealing.Be sure to look at the amount of cover that’s included too, or in other words the maximum amount the insurer will pay out for particular risks. Similarly, some comprehensive policies will exclude risks that others don’t. Look at what’s included and excluded: While two comprehensive car insurance policies from different providers may be relatively similar in terms of what’s covered, some policies offer cover for extra risks or come with helpful inclusions that others do not, such as roadside assistance.Once you have decided on a type of cover, it’s worthwhile spending some time comparing policies so you can find the best car insurance for your needs. you want a cheaper policy and are happy to sacrifice some of the extra cover you would get with comprehensive cover.you could do without your own car while it is off the road following an accident.the repair or replacement value of your own car is relatively low and affordable within your budget.Third party car insurance may be suitable if: You may also have the option of taking out a third party car insurance policy that includes fire and theft cover for your own vehicle. Third party car insurance provides cover for damage caused to another person’s property – for example, if you caused a crash and damaged someone else’s car. your car is under finance, as some lenders will require you to have it adequately insured.you would find it difficult to cover the the cost of repairing or replacing your vehicle by yourself.you want a high degree of financial protection for a broad range of risks, including damage to your vehicle from a car accident as well as some of the indirect costs associated with being without a car while it’s being repaired.Comprehensive car insurance may be suitable if: It also tends to cost more than other types of cover. Comprehensive car insuranceĬomprehensive is the most extensive form of car insurance and includes cover for your own vehicle as well as other people’s property. It protects you financially if you injure or kill someone in an accident but does not provide any cover for damage caused to other people’s property or your own vehicle. Compulsory Third Party (CTP) insuranceĬompulsory Third Party (CTP) insurance is the most basic form of cover and is mandatory for Australian drivers in every state and territory. Deciding which is best for you means thinking about factors such as the kind of vehicle you are insuring, the level of cover you need and your budget for paying for it. ![]() There are three main types of car insurance available in Australia and these are described below. Before deciding which provider and policy to choose, it’s worth considering which type of policy will be best for you. ![]()
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