Compare Third Party Property Damage insurance with ease

No, Third Party Property Damage insurance isn’t the same as Compulsory third party (CTP), but it’s easy to get them confused.

CTP only covers anyone who is injured as a result of an accident that’s deemed your fault. CTP (also known as Green Slip in New South Wales) is a mandatory requirement for all registered cars. Third Party Property Damage insurance, on the other hand, provides legal liability for any damage you cause to someone’s belongings or property if you’re at fault for an accident.

All cars on Australia’s roads have to be registered with the State Government where you reside, and CTP or Green Slip insurance is a part of registering your vehicle. Any other car insurance coverage you take out beyond CTP is purely optional.

Some states allow you to choose your CTP insurer, while others don’t. In contrast, you can compare and choose your Third Party Property Damage insurance provider no matter where you are in Australia.

You can use our free car insurance comparison service to compare Third Party Property Damage policies, as well as higher levels of car insurance, in minutes from a range of providers.

There are some things Third Party Property Damage insurance doesn’t include cover such as:

• roadside assistance
• fire damage to your car
• theft and malicious damage to your car
• storm and hail damage
• accidental damage to your vehicle
• hire car while yours is being repaired.

Higher levels of insurance can provide cover for the instances above.

Compare car insurance through our free comparison service today.

The price of your car insurance policy is determined by several elements. These may include:

• the make and model of your car
• the car’s age
• your age and gender
• your driving history
• your address
• any aftermarket upgrades

When comparing car insurance through our free comparison service, you’ll be asked to provide these details to help determine the price of the quotes from our partners. The whole process only takes a few minutes.

You might be able to reduce the price of your premiums depending on what choices your insurer provides. These choices could include:

• not letting anyone under 25 drive your car
• choosing a higher excess for a lower premium

Always check the Product Disclosure Statement (PDS) to find out what options are available for specific providers and policies.

Compare car insurance through our free comparison service today.

Depending on the insurance provider, you might have the option to choose how frequently you pay your insurance premiums. Generally, car insurance is paid for in 12-month periods, but you may be able to pay monthly instead, though this can cost more in the long run.

Compare car insurance through our free comparison service today.