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It seems that no matter where you drive in Tasmania, you are greeted with breathtaking landscapes and towns steeped in charm and history.
From its capital, Hobart, you can indulge all the senses at the ground-breaking MONA museum, and sample arts and crafts at the renowned Salamanca Market. Then travel down to historic Port Arthur, or through the centre to Cradle Mountain and up to the world’s longest single span chairlift at Cataract Gorge, where you can sample some of the best seafood and local produce on offer.
With all these amazing attractions, it’s no surprise that more Tasmanians are looking to drive. In fact, Tasmania had the largest percentage increase of newly registered vehicles in Australia, with a 2.6% increase in 20171.
All these new vehicles – along with the existing ones – need some form of car insurance.
Comprehensive car insurance is the highest level of car coverage available. A standard policy covers theft, along with repair costs for both your car and any other vehicle or property that may be damaged by your car. Extras such as personal effects cover, replacement keys, roadside assistance, and more can also be added to a comprehensive policy.
Third party property car insurance covers other vehicles and property damaged by your car, from an accident that was deemed your fault. It does not cover damages to your car. For that type of coverage, you would need comprehensive car insurance.
Similar to third party property, third party fire and theft insurance covers the other car against damages caused by your car. While it still won’t cover your car in the case of an accident, it will cover replacement costs if your vehicle is stolen or is destroyed by fire.
As the name suggests, CTP car insurance is mandatory for all motorists in Tasmania. If someone is injured as a result of your driving, CTP covers any legal liability you may be subject to. It is usually bundled in with your registration fees through the Motor Accidents Insurance Board (MAIB).
Comprehensive car insurance will cover many different scenarios, but you also have a choice of optional extras that can also be valuable.
With the exception of CTP, car insurance is completely optional. However, given the limitations of CTP, it’s worth purchasing additional coverage for your car.
The additional insurance you should buy will depend on how you value your car and what incidents you want covered. Here’s a quick overview of what each type of insurance covers.
Being the most complete form of coverage, comprehensive car insurance is obviously the most expensive.
| Insurance type | Damage to your car | Damage to another person’s car or property | Damage or loss caused by theft | Injuries or death to other people in an accident |
| Green Slip (i.e. CTP) | No | No | No | Yes |
| Third party property | No | Yes | No | No |
| Third party fire & theft | No | Yes | Yes | No |
| Comprehensive | Yes | Yes | Yes | No |
Note: There are more factors and variables that may affect your level of coverage. Always refer to your Product Disclosure Statement.
We have run quotes through our car insurance comparison service, to provide you with a few examples of pricing:
As you can see, the least expensive comprehensive policy for the Mitsubishi ASX – the most popular car quoted on our website for Tasmanian drivers – would cost a little over $10 a week. That’s a very reasonable price for the highest level of car coverage!
Now you’ve seen a range of prices from the car insurance products we provide; the next step is finding a suitable policy. Here’s where we can help.
These prices are based on quotes for the Mitsubishi ASX 2015 model, for private use to be driven 15,000km/year with no accident or hail damage, to be driven by a 42 year old female driver with a rating 1 NCD (no claims discount) for the postcodes of 7005 (Sandy Bay) and 7248 (Mayfield).
Your car insurance needs are different from the next customer, which is why we have various providers and policies for you to choose from.
With just some details about you and your car, you can find a great deal in just five minutes from various reputable car insurance providers.
We helped more than a million Australians save money in 2017 with policies tailored towards their lifestyles; and we want to help you do the same.
Our car insurance comparison service is free to use. No hidden fees, just the power of comparison. Search until you find a product that suits your needs.
Where you live can impact your policy. The amount of crime in your neighbourhood, where you park your car, and the overall safety of the roads can ultimately impact how likely you are to make a claim, which in turn can influence your premium.
Tasmania is a wonderful state to live in, but it still pays to be vigilant when taking care of your car.
During the 2016-17 financial year, 1,319 car thefts were reported – an increase of 17.7% on the previous year. However, out of these incidents, 80% of stolen cars were returned to their owners.
When you’re at home, it’s always a good practice to make sure your car is secure – particularly since 50% of car thefts in the 2016-17 financial year occurred in residential areas.
While these statistics seem confronting, it’s worth noting that the rate of theft per 1,000 registrations in Tasmania was only 2.81 between Oct 2016 and Sep 2017, which is roughly around the Australian average.
Although the roads aren’t as congested in Tasmania – as they are in more populated states like NSW or Victoria – precautions still need to be taken when you’re driving.
In 2017, there were 36 reported road fatalities in Tasmania, which was slightly higher than the five-year average of 33.6. Out of these 36 fatalities, 18 were drivers, and four were passengers, with motorcyclists (11), pedestrians (2), and pedal cyclists (1) making up the rest.
Overall, there were approximately six road deaths in Tasmania for every 100,000 people, which is the third highest in Australia behind Northern Territory and Western Australia.
Do you still have one or two questions? Relax! We’re here to answer them.
There are numerous factors car insurance providers take into account when calculating your premium. Here are just a few things that might affect the price of your policy:
Excess is the amount you agree to pay during a claim when you first purchase your car insurance policy. So, if you elect an excess of $600, this is the amount you would have to pay while making an insurance claim. However, with car insurance, generally you only have to pay excess when you are found to be at fault or if your claim doesn’t involve a third party.
Excess amounts vary depending on the policy and some providers can even offer lower premiums if you agree to pay a higher excess. Conversely, paying a lower excess can lead to paying higher premiums.
Potentially, yes. Your postcode affects your insurance premiums, because your new neighbourhood may have a higher or lower incidence of driver’s making insurance claims. For example, say you’re moving from Burnie to Glenorchy. Glenorchy has a substantial higher incidence of car thefts, which may lead to a higher premium.
Where you park your car overnight at home also affects your premium. If you park indoors in a secure garage, your premium will reflect the lower likelihood of it being stolen – and vice versa.
Finally, the rate of traffic accidents both in your neighbourhood and on your route to work can affect your insurance premium. It’s wise to give your insurer a call when you plan on moving, so you can budget for the new price.
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