Questions to ask when purchasing cheap car insurance

According to a Motor Vehicle Census taken by the Australian Bureau of Statistics, in 2014, there were over 17.6 million motor vehicles registered in Australia. And the number continues to grow to this day. Not only that but in the same study, it was found that 3 in 4 drivers are completely dependent on their car for travel with 65 percent saying they use their vehicle every day.

However, despite the growing number of registered motorists and the level of dependency, there’s still a substantial amount of residents that are uninsured. And it’s easy to conclude that many are unable to afford the proper coverage. Everyone wants cheap car insurance, but not everyone understands how to get. Believe it or not, it’s much more s

Three Questions To Ask Yourself When Choosing Car Insurance in Australia

Is There A Loyalty Discount?Companies are starting to shift their focus from making a quick buck to developing actual relationships with their customers. In this way, they can ensure that they remain loyal to their company. Many are willing to offer several benefits to their repeat customers. One of the best benefits is customer discounts. This type of deal is offered to customers who have a certain amount of policies with the insurer–whether it’s car insurance or home insurance. So if you want cheap car insurance and currently hold other types of insurance policies with a certain company, find out if they offer any of discounts for loyal customers.

Do They Offer Aftermarket Parts?

Many customers who own expensive cars often realize that the cost of repair is considerable due to the factory parts that must be purchased. The great thing about factory part is that they ensure that the car remains authentic and that it is well constructed. However, many do not realize that aftermarket parts can do just as well. They can also be less expensive. So find out if you will be allowed to use a third party to repair your vehicle so that you have more choice when it comes to how it is repaired.

How Often Am I Expected To Pay?

Believe it or not, the frequency of your payments can make a big difference when it comes to the costs. While an annual insurance premium will cost you a considerable amount on the due date, you could alway negotiate another payment plan. In most cases, it’s best to set up a payment plan that allows you to pay on a more regular basis. This will give you the ability to spread the cost across several months instead of paying in one, lump sum.

Types Of Insurance

Insurance is not a one size fits all deal. It requires you to be familiar with what type of coverage companies offer. Take a look at the plans below to determine which best suits your needs.

Third Party Property

Are you worried that you may not be able to cover the costs of the damage should you ever get into an accident with a luxury car? Well, third party insurance is ideal in this case. Though you will have to pay for the damages to your own car, the insurance company will pay for the damages done to the other vehicle. There are also certain third party property plans which cover fire and theft as well.

Compulsory Third Party

Not all accidents involve only vehicles. In some cases, pedestrians or cyclists may be involved. And in these scenarios, it’s a good idea to have Compulsory Third Party insurance. Not only will it cover the costs of yours and the other person’s injuries, but also the injuries of anyone affected by the accident. However, if you’re looking for an insurance policy that will cover the costs of the vehicles, this is not the one of you as Compulsory Third Party insurance only covers personal injury.


Unlike Third Party or Compulsory insurance, Comprehensive insurance plans cover everything. This includes injuries, damage to all cars involved. This type of plan takes yourinconveniences into consideration and will provide for car rentals and hotel accommodations. It covers things like accidents, weather damage, fire, and theft. The better the condition your vehicle is in, the more likely companies are to offer comprehensive coverage.

If you are interested in cheap car insurance, then it’s essential that you do your research. Make list of all of your priorities and look for the company that can best meet these requirements. Some of the best insurance companies are those that allow you to customize the plan to your liking. In this way, you will be able to save a significant amount of time and money.


Car Insurance Insider

Works behind the scenes to ensure Australian drivers are aware of car insurance offers and revealing those secrets to cheaper car insurance.