You can take out four different types of car insurance which will cover you both in WA and the rest of Australia. You’ll automatically get Compulsory Third Party (CTP) insurance when you pay for your car’s registration, but you may want to consider other options for extra cover. These include:
While WA is generally a safe place to call home, there are some variables that can influence the price of car insurance premiums.
WA is home to many different environments, from the coast along Perth, Broome and Albany to rural Western Australian towns like Kalgoorlie and Newman. As such, you may notice your car insurance premiums increase or decrease depending on where you park your car for example. Other factors include:
If you find that the cost of your insurance is more than you were expecting, there are ways to reduce your car insurance premium.
No matter which state you live in, there will always be someone breaking the law, whether you’re in a dense urban population like Perth or a quiet WA Outback town. According to the National Motor vehicle Theft Reduction Council, there were 3,924 car thefts in WA during 2020-2021.1 Being covered by the right level of insurance would ensure you were covered under these circumstances.
There are a few things you can do that could reduce the minimum premiums you pay on your car insurance:
Car insurance premiums can be affected by the type of vehicle you drive, as well as any modifications that may impact the car’s driving safety. Your age and driving history may also impact your premiums. Car immobilisers, antilock brakes, alarms and other anti-theft features may actually reduce your car insurance premiums.
Furthermore, parking your car in a locked garage as opposed to a busy street can help reduce the cost of your cover, especially if you’re parked in an area that has a high rate of theft or vandalism.
Read more about how car insurance is calculated.
Moving house may affect your car insurance premiums. For example, if you move to a WA postcode that has higher rates of theft, or a busy city centre like Perth where car accidents occur more frequently, you may notice a rise in your premiums, especially if you’ve come from an area of WA that’s relatively safer.
Lodging a claim, no matter who was at fault, can affect the cost of your car insurance. Both at-fault and no-fault claims may likely increase your premiums, but to varying degrees.
Since younger drivers are generally at a higher risk of car accidents, many insurance companies will charge them a higher premium as well as an additional young driver excess should they need to claim. If you’re an older driver but someone younger uses your car, you may still need to pay additional insurance to cover them. You should advise your insurer of any other driver who will use your car and be sure to review your policy’s PDS to know exactly how you’re covered.
While most insurers can cover your car against hail damage (depending on the type of cover), it can be harder to get cover for cars with pre-existing hail damage. If insurers do provide cover for hail-damaged cars, their premiums may be more expensive. For further information, read car insurance for hail damage.
If you’re travelling across WA for work and need your tools covered, car insurance can provide some cover for tools and personal contents usually an optional extra, which will likely incur a higher premium.
1 Theft Watch – 12 months to June 2021. National Motor vehicle Theft Reduction Council. 2021.