Am I Getting The Best Insurance Cover And Options For My Car?

Understanding what is covered by your car insurance policy can help you avoid unexpected costs in the future. So, how do you know if you have the right cover for your vehicle?
 
Comprehensive Insurance offers the highest level of protection. 
However: there is a wide range of policies on the market, and careful consideration is required to get what best suits you and your family. 

Some Key Points to look for besides the price 

* Choice of Repairer – best to retain this option so that you can select a repairer that has completed all the correct training and equipment necessary, to do the job right. 
 
In a Preferred Repairer Option, your insurer will make this decision on your behalf, your request or opinion may not be considered.

Compulsory Third Party (CTP) insurance is a legal requirement for all drivers in Queensland and is attached to the registration of your vehicle. CTP covers the cost of third-party compensation claims if you, or anyone driving your car, causes an accident in which someone else is injured. You are also covered if you are not at fault and partially covered if you are. 

Third Party Insurance offers cover for damage caused to someone else’s vehicle or property if you’re liable for it. It does not cover your vehicle, property or medical costs. 

Some factors that can affect the premium cost include
   • Location or postcode
   • Previous claims history
   • Where the vehicle is stored, for example, behind a fence or in a garage
   • Age: Young drivers equal higher risk, older drivers are assumed to have a slower reaction time

It may be possible to include people in these higher-risk groups to another policy such as a parent or guardian.

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