Which Is the Best Car Insurance In Australia?

Although no Car Insurance policy is the best in Australia, through research and some ‘compare and contrast’ you can find a policy that suits your needs best. It should also be mentioned, that the cheapest car insurance company definitely does not equate to being the best!

In the following, Cash for Cars Adelaide has put together some insight into what some of Australia’s top Car Insurance companies have to offer:

Budget Direct:

1. Roadside Assistance: Optional
2. Accidental Damage Coverage: Yes
3. Storm Damage Coverage: Yes
4. The Option to Choose a Repairer: Optional
5. Agreed or Market Value: Agreed or Market

Youi:

1. Roadside Assistance: Yes
2. Accidental Damage Coverage: Yes
3. Storm Damage Coverage: Yes
4. The Option to Choose a Repairer: Optional
5. Agreed or Market Value: Agreed or Market

Virgin Comprehensive:

1. Roadside Assistance: Optional
2. Accidental Damage Coverage: Yes
3. Storm Damage Coverage: Yes
4. The Option to Choose a Repairer: Optional
5. Agreed or Market Value: Agreed

Woolworths Comprehensive:

6. Roadside Assistance: Optional
7. Accidental Damage Coverage: Yes
8. Storm Damage Coverage: Yes
9. The Option to Choose a Repairer: No
10. Agreed or Market Value: Agreed

Bingle:

1. Roadside Assistance: No
2. Accidental Damage Coverage: Yes
3. Storm Damage Coverage: Yes
4. The Option to Choose a Repairer: No
5. Agreed or Market Value: Agreed

 

Choosing the Right Type of Car Insurance in Australia

When choosing the right Car Insurance for your vehicle, you have to decide on a company and what type of insurance suits you best. There are generally four types of car insurance you should be aware of.

1. Comprehensive Insurance

This covers the damage made to your own car, other people’s property and also theft, legal costs and other risks.

2. Compulsory Third Party (CTP)/Mandatory Motor Vehicle Accident Personal Injuries Insurance

This insurance, as the name suggests, is compulsory and is required by each state and territory in Australia. It protects any person you may injure while driving.

3. Third-Party Property Insurance

This doesn’t cover damage to your own vehicle but does cover damage to other people’s property and other legal costs.

4. Third-Party Fire and Theft Insurance

Similar to Third Party Property Insurance but is more designed for when your vehicle is stolen or damaged by fire.

In Conclusion

At the end of the day, the best Car Insurance will differ for every driver’s needs, budget and lifestyle and will require you to do your own research, but hopefully, this has helped you on your way!

Contact Cash4Cars for a quote today at 0477 413 136

Last updated on March 5th, 2022 at 09:50 am