Friday, February 10, 2012

Car Insurance Comparison

Your car worth as your life because you spent lot of money for buying it. Then you have to care of your car like  your family member. car insurance comparison Also there's a wide range of car insurance options in Australia, which is impressive for a country of our size. It's easy to become overwhelmed given the number of companies offering "the best", "the cheapest" or "the best and cheapest" car insurance, but there are a few things you need to consider before you commit to one particular insurer.
What is your choice ?
Compulsory third party insurance: Known as Greenslip Insurance, this is the most basic form of car insurance for an Australian driver and is compulsory for Australian-registered cars. While it usually doesn’t cover damage to the policyholder's car or cars and property of others, it does cover personal injuries for people involved in an accident. Depending on the state laws there may also be some limited cover for the driver at fault.

Third party property insurance: This pays for any damage you cause to another person's car or property. However, it doesn't cover the cost of repairs for your own vehicle. Third party fire or theft insurance, an extension of third party insurance, insures you against the loss of your car through theft or fire.

Comprehensive insurance policy: This combines all of the above. As such, if yours and another person's car are damaged through your own negligence, your insurance policy will extend to cover repairs for both parties.

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