Mozo's fresh new approach to comparing car insurance will leave you humming
Choosing between car insurance products is not easy, especially when you add in new products from some of Australia?s smaller car insurers like Virgin Money, eCar, Bingle and 1Cover. Getting a quotation is easy but we all know it's not just about the price - it's the features, options and service as well. With such choice it can be hard to compare apples with apples; just getting quotes isn't enough.
Our popular products table above provides a welcome shortcut - and you can delve deeper directly from here - but we also have a whole market comparison table to compare car insurance objectively.
Depending on which state you live in there are two main types of car insurance that motorists need to consider: Third party property and comprehensive car insurance. New South Wales and Queensland motorists also have to consider compulsory third party or ‘Greenslip’ insurance when they register their cars.
Third party covers damage to other people and their property but not your own car if you are involved in an accident. Third party is generally cheaper than comprehensive car insurance and may be adequate if your car is not worth much. Fire and theft cover can be added to third party to protect your car against fire damage and theft.
Comprehensive car insurance is the more expensive option for drivers but covers you against accidental damage to other people and their property along with your own car, even if the accident is your fault. Some also offer other benefits such as a courtesy rental car and broken windscreens.
With all the choice that’s now available it’s important to compare not only the price but also the fine print of what you’re covered for in your car insurance policy. Cheap car insurance is not always the most appropriate and it’s worth considering all the other additional benefits and features of each policy. Insurers have different excess levels, valuations for your car and importantly will offer cover in different circumstances.
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