Compare car insurance policies with Compare the Market
Savvy is partnered with Compare the Market to help you compare a range of car insurance policies from a panel of trusted providers.
Understand the type of car insurance you need to protect against flood damage and what to do if your car is damaged by floodwater in this helpful guide from Savvy.
Fact checked
Australia is no stranger to extreme weather events, including floods. For car owners, flooding can wreak havoc, causing extensive damage to vehicles. However, having the right car insurance coverage can offer protection and peace of mind. In this useful guide, we will explore the impact of floods on vehicles, the type of car insurance coverage you may need, and the steps to take in the event of flood damage.
Whether your car insurance covers flood damage depends on the type of car insurance policy you have. If you have comprehensive car insurance, your vehicle is typically covered for accidental loss or damage caused by various events, including floods. Comprehensive car insurance offers the highest level of protection and is designed to cover a wide range of risks, including natural disasters like floods, storms and hail.
Depending on your policy, you may be covered for:
However, if you have a third-party car insurance policy, it is unlikely to cover flood damage to your vehicle. Third-party insurance primarily provides coverage for damage caused to other people’s property or injuries in case of an accident where you are at fault. It does not include coverage for your vehicle in case of flood damage.
If you are worried about flood damage, you should review your car insurance policy carefully to confirm whether it includes flood damage coverage. If you do not have comprehensive coverage and live in a flood-prone area, upgrading your policy could ensure greater protection for your car.
Dealing with a flooded car can be overwhelming, but if your car has been exposed to floodwaters and you have appropriate car insurance cover, you should:
While floods can be unpredictable, there are steps you can take to protect your car from potential flood damage:
Select your car make and find out how much it may cost to insure, read helpful guides and compare quotes.
Disclaimer:
Savvy (ABN 78 660 493 194, ACR 541 339) provides readers with a variety of car insurance policies to compare. Savvy earns a commission from our partnered insurers each time a customer buys a car insurance policy via our website. All purchases are conducted via our partners’ websites. The integrity of our comparison service is unaffected by our partnerships with those businesses and our effort remains to bring further brands that do not already use our comparison service onboard.
Savvy’s comparison service includes selected products from a panel of trusted insurers and does not compare all products in the market. Any advice presented above or on other pages is general in nature and doesn’t consider your personal or business objectives, needs or finances. It’s always important to consider whether advice is suitable for you before purchasing an insurance policy. We always recommend readers to consult the Product Disclosure Statement (PDS) of different policies before purchasing your car insurance.
Quantum Savvy Pty Ltd (ABN 78 660 493 194) trades as Savvy and operates as an Authorised Credit Representative 541339 of Australian Credit Licence 414426 (AFAS Group Pty Ltd, ABN 12 134 138 686). We are one of Australia’s leading financial comparison sites and have been helping Australians make savvy decisions when it comes to their money for over a decade.
We’re partnered with lenders, insurers and other financial institutions who compensate us for business initiated through our website. We earn a commission each time a customer chooses or buys a product advertised on our site, which you can find out more about here, as well as in our credit guide for asset finance. It’s also crucial to read the terms and conditions, Product Disclosure Statement (PDS) or credit guide of our partners before signing up for your chosen product. However, the compensation we receive doesn’t impact the content written and published on our website, as our writing team exercises full editorial independence.
For more information about us and how we conduct our business, you can read our privacy policy and terms of use.
© Copyright 2024 Quantum Savvy Pty Ltd T/as Savvy. All Rights Reserved.
© Copyright 2024 Quantum Savvy Pty Ltd T/as Savvy. All Rights Reserved.
Quantum Savvy Pty Ltd (ABN 78 660 493 194) trades as Savvy and operates as an Authorised Credit Representative 541339 of Australian Credit Licence 414426 (AFAS Group Pty Ltd, ABN 12 134 138 686). We are one of Australia’s leading financial comparison sites and have been helping Australians make savvy decisions when it comes to their money for over a decade.
We’re partnered with lenders, insurers and other financial institutions who compensate us for business initiated through our website. We earn a commission each time a customer chooses or buys a product advertised on our site, which you can find out more about here, as well as in our credit guide for asset finance. It’s also crucial to read the terms and conditions, Product Disclosure Statement (PDS) or credit guide of our partners before signing up for your chosen product. However, the compensation we receive doesn’t impact the content written and published on our website, as our writing team exercises full editorial independence.
For more information about us and how we conduct our business, you can read our privacy policy and terms of use.