Comprehensive, third party, fire & theft. We break down exactly what each cover includes, what drives your premium, and how to pay less without losing protection.
4
Cover types explained
$2,800
Avg. yearly saving
2 min
To know your options
From full comprehensive to compulsory CTP. Here's what each one actually covers and who it suits.
Covers: Your car + other people's property for accidents, theft, fire, storm, hail and vandalism.
Best for: Newer, financed or higher-value cars where you want the most protection.
Covers: Other people's property, plus your own car for fire and theft only, not accident damage.
Best for: Mid-value cars where you want some cover for your own car without full comprehensive.
Covers: Damage your car causes to other people's property. Nothing for your own car.
Best for: Older or lower-value cars where you mainly want to cover your liability.
Covers: Compensation for people injured in an accident. Compulsory to register your car.
Best for: Every registered vehicle. Rules and pricing vary by state and territory.
Six factors do most of the work in setting your price. Knowing them helps you compare like for like.
Younger and newer drivers, and anyone with recent claims or demerits, generally pay more.
Make, model, age, value and how desirable it is to thieves all move the premium.
Your postcode reflects local accident, theft and weather risk.
Agreed value lets you lock a figure; market value is usually cheaper but pays out less.
A higher voluntary excess lowers your premium, just make sure you could pay it at claim time.
Listed drivers, annual kilometres and where the car is parked overnight all matter.
Comprehensive covers damage to your own car as well as other people's property, plus theft, fire and weather. Third party only covers the damage you cause to others (third party property), with fire and theft added in the 'third party fire & theft' option.
No. CTP is compulsory cover for injuries to people in an accident and is required to register your car. It does not cover damage to any vehicle or property, so most drivers add comprehensive or third party property cover on top.
Agreed value fixes the payout amount when you take out the policy, which is useful for newer or modified cars. Market value pays what the car is worth at the time of a claim and is usually cheaper, but the payout can be lower.
Increasing your excess, paying annually, protecting your no-claim bonus, limiting listed drivers and comparing at every renewal are the most effective levers. Bundling with home insurance can also unlock a discount.
Tell us the cover you're after and where the car is kept. Takes about two minutes, costs nothing, and there's no obligation to switch.
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