Car Insurance InsiderCar insurance is something that all drivers in Australia must carry to stay legal on the road. There are different types of car insurance based on individual needs. If a person shops around they can get the coverage they need at a price that they can afford.
The average person is Australia pays $183 a month for their car insurance. This rate will vary based on the age of the driver, their driving record, and the types of coverage that they have.
What to Look for in a Car Insurance Company
When a person is looking to purchase car insurance there are some great features that are offered by the insurance companies. A person should look for a company with 24 hour service. This will allow them to file a claim any time of the day or night. Accidents are not limited to normal business hours and it is important that a person contact someone right away for assistance.
Insurance companies want to make sure that the customers are happy with their services. Some companies offer a money back guarantee for a specific period of time. Usually a person has around a month to decide if they like the insurance company. If they are not happy with the service they can get their money back as long as no claims were filed.
According to the NSW Government Motor Accident Authority and the Queensland Government Motor Accident Assistance Insurance Commission a person will any of the states can get coverage though these insurers. They also work with a number of smaller insurance agencies so a person can find coverage at the best price.
Types of Car Insurance
There are several types of car insurance open to consumers. They offer different coverage options as well as pricing options.
Comprehensive
This cover will cover the repairs to the car or replacement of the car after an accident. It will not matter who is at fault and will even cover damage to personal property due to a car accident. Emergency transportation services and key replacement are covered. While coverage can help a person save a lot of money and give them the protection they need if they are in an accident.
Third Party Car Insurance
This insurance will provide coverage if a person hits another personal property. For example if a person is driving and they hit a fence the insurance will cover the cost of that fence. This coverage will also protect a person if their car catches on fire, if it is stolen, or if items or car parts are stolen as well. This is optional coverage and there are some limitations that apply. This coverage is strongly recommended for young drivers. Those under the age of 25 should have their coverage as well as those with an older car. If a person drive’s a car owned by someone else even occasionally they still need to have insurance coverage.
NSW CTP Insurance
This form of car insurance will allow the car owner to choose their insurance provide for a third party insurance. This is known as Green Slip coverage.
Additional Insurance Protection
A person can choose to have agreed value or market value insurance. This will be able to check the rate of several different companies so they know they are getting a fair price for their car insurance coverage. Towing is an optional coverage when it comes to insurance. While this coverage is good to have it is not required by the law. A person can also get a no claims discount from their car insurance company if they select this option. For every year that they do not make a claim they can save money on their insurance premium. Drivers between the ages of 50 and 70 receive discounts on their insurance. If a person successfully completes a skilled driver’s course they can also get a discounted price.
This is the insurance coverage that a person needs in Australia. This cover will allow a person to have extra security on the road. They will be protected in case of an accident. This coverage will also protect a person from legal fees if they are found to be at fault for causing an accident that damaged the property of others.
