Car Insurance

Car insurance is an insurance policy that covers damage to other people’s property or their car, harm to other people, or damage to your own car, including accident and theft, depending on the type of policy you have.

There are four main types of car insurance:

  • Compulsory Third Party (CTP)
  • Third Party Property
  • Third Party, Fire and Theft
  • Comprehensive

There are around 18 million motor vehicles registered in Australia. This includes over 16 million passenger cars and commercial vehicles, around 3 million trucks, and over 807,200 motorbikes, and the number is growing at a rate of 2.4% every year. Over the past 12 months, 1.12 million new cars were sold in Australia.

We are buying more motorbikes, light trucks, and campervans now than we were in 2010. Motorbikes and scooters are the fastest growing type of vehicle as our capital cities getting more crowded.

No matter what vehicle you drive, whether you’re driving it every day, just for work, or just on the weekends, you need to make sure it is properly insured.