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.
Read about what your car insurance does and doesn’t cover right here with Savvy.
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What your car insurance policy covers will ultimately come down to what type of insurance you choose to buy. Knowing what’s included in your policy can help you make informed decisions and provide greater peace of mind when you’re on the road.
You can find out about the different types of car insurance in Australia and what they cover, as well as what isn’t covered by car insurance, right here with Savvy.
What your third party car insurance covers will depend on the type of policy you decide to purchase. These are:
Third party property damage (TPPD) insurance
Third party fire and theft (TPFT) insurance
Having third party car insurance can help protect you from potential financial burden in the event of an accident which damages someone else’s vehicle or property. However, it’s important to note that all coverage is subject to your insurer’s terms and conditions and your policy documents.
In contrast to third party car insurance, comprehensive policies can offer more covered events. These can include:
Because comprehensive insurance offers the most in the way of coverage, it’s generally the most expensive form of car insurance you can buy in Australia. Like third party insurance, however, all coverage offered by your policy is required to meet your insurer’s qualification requirements.
Compulsory third party (CTP) insurance, also known as Green Slip insurance in New South Wales, provides coverage for personal injury or death compensation caused to others in an accident where you’re deemed to be at fault. CTP insurance doesn’t cover damage to any vehicles or property. This insurance is mandatory across all states and territories, unlike the other types of cover.
It's important to check the specific details of CTP insurance in your jurisdiction to understand the extent of coverage provided and how to acquire it. In some states, CTP insurance is included as part of your vehicle registration fees and it is regulated by the respective state or territory authorities, while it may be offered by approved insurers in other places.
While car insurance provides valuable protection, certain situations and events typically aren’t covered by standard policies. These exclusions may vary depending on the insurance provider and policy terms, but common ones include:
It’s important to carefully review the terms and conditions of your car insurance policy to understand the specific exclusions that apply.
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.