Best value Third Party Car Insurance

Crayze w00kie on 20/12/2020 - 22:21
Last edited 21/12/2020 - 17:04 by 1 other user

Ok since i feel everybody read / misinterpreted this as the 'cheapest' third party insurance im going to edit this a little bit, my bad i guess, but overall im just looking for the best value for money

just bought a used 2003 mitsubishi lancer, does anybody know who the best third party insurer to get is? Best value for money / cheapest, i wouldn't mind paying more if it comes with extra benefits that are worth it.

Am also thinking of doing Uber Eats or pizza delivery driving so would I need to switch and get charged more for that?

Any answers are appreciated, thanks.

Automotive

Comments

  • Hybroid on 20/12/2020 - 22:29
    +7

    Everyone's use case and details/risk profile differ. Search around and compare quotes. Should really have done that before you got a car.

  • bazingaa on 20/12/2020 - 22:31

    uber eats or delivery driving

    some 3rd party insurances may not cover this, check before buy

  • the1doood on 20/12/2020 - 22:49

    Uber stuff normally requires a different sort of insurance from personal driving. Woolworths was the cheapest I found, but had to claim once and is not an experience I would want to go through again.

  • funnysht on 20/12/2020 - 23:11
    +2

    —What the cheapest car insurance usually turns out to be the most expensive….

  • netjock on 20/12/2020 - 23:20

    does anybody know who the best third party insurer to get is?

    Not comprehensive? Could be an expensive accident, especially when you are at higher risk the longer you are on the road.

  • holdenmg on 20/12/2020 - 23:39

    Rideshare and Uber Car Insurance
    https://www.finder.com.au/car-insurance/rideshare-insurance#…

    Maybe ask SGIC on Flinders St and see what they offer…

  • oscargamer on 20/12/2020 - 23:54
    +1

    New car with third party insurance= false economy

    • Cheeper on 21/12/2020 - 12:21
      +1

      Thought the same but may be used and new to him?

  • Drakesy on 20/12/2020 - 23:58

    Went with Virgin when they had a $100 giftcard.
    Turns out it was cheaper than my previous one as well, i tihnk about $180 for me.
    https://www.ozbargain.com.au/node/571632

  • p1 ama on 21/12/2020 - 01:44
    +2

    I find RACV to be a good insurer, a bit more expensive, but pretty good repairers, have some benefits (including RACV membership) and generally very easy to deal with in terms of processing claims.

    For the cheap "bargain basement" type of insurer, I would go with Budget Direct, again, not the absolute cheapest of the cheap, but better than the absolute bottom of the barrel IMO.

  • apsilon on 21/12/2020 - 06:06

    best value for money / cheapest, i wouldnt mind paying more if it comes with extra benefits that are worth it.

    While some come with extra benefits, it's usually a case of the cheap ones coming with extra conditions in the fine print eg repairing your car with used parts. Read the PDS, there's a lot more to insurance than the up front price.

  • FocusRider on 21/12/2020 - 06:15
    +2

    Buys a new car skimps on the insurance.. Lol

  • Yummy on 21/12/2020 - 07:58

    i wouldnt mind paying more

    Get full comprehensive. Recommended by OzB.

  • Euphemistic on 21/12/2020 - 08:18
    +4

    Don’t forget that TPP may not help if someone runs into you and won’t cough up for damages. If you cause a crash, you repair your own damage or lose the value of the vehicle.

    If you only get TPP you need to be able to replace your car out of your pocket, or go without until you can afford another. If you can’t afford to replace it, you need comprehensive.

  • enzioFirenze on 21/12/2020 - 08:45

    there's a mob called poncho, they were the cheapest when I looked at them the last time

  • Seraphin7 on 21/12/2020 - 09:30

    Cheapest ≠ best value.

  • bobbified on 21/12/2020 - 09:52

    Whichever insurer you choose, read and understand the PDS before you pay!

  • Cheeper on 21/12/2020 - 12:28

    If you have an accident and they find the car was being used for commercial purposes when you have standard cover (Comp or TPP) then all the liability will be yours alone. Dont forget your CTP cover needs to be for commercial purposes as well, so declare it.
    Insurance companies main focus is to reject any claim they can.
    If you intend to use the car for deliveries for income then declare that is the intended use when you apply for insurance and naturally it will be more expensive.

    You are driving with no insurance at all right now? Good luck with that….

  • Candour on 21/12/2020 - 13:21

    read choice magazine reviews and others so you can work out what you gain by taking their top picks, even if you pay a bit more [or less!]

  • Duckie2hh on 21/12/2020 - 13:54
    -1

    The cheapest insurance is no insurance. ^__^

  • Hithere on 21/12/2020 - 13:55

    OP's next post.

    "I was in an accident today and my cheap Dodgy Brothers Third Party Insurance company ( based in Ukraine) refuses to pay."

  • Crayze w00kie on 21/12/2020 - 14:21

    i didnt necessarily mean the 'cheapest insurance' i should of more clearly stated 'best value insurance'
    i wouldnt mind paying more $$$ for an insurance that is going to be the least hassle if i do have an accident / has extra benefits that justify the extra $$$
    my car only cost $2,000 so im not getting full comprehensive for something that cheap
    so far ive heard SGIC or AWN

  • Crayze w00kie on 21/12/2020 - 14:23

    and yes not a new car xD
    used car but new to me since i just bought it yesterday :P

    • Yummy on 21/12/2020 - 17:49

      So… Insurance is not required then.

  • Bargain80 on 21/12/2020 - 17:09

    There is no cheapest insurer for everybody.
    Everyone has different profile and different car.
    What's cheapest for me doesn't mean cheapest for you.
    Do comparison between several insurers and pick the one that gives you best value.
    Although there is always one that gives you the most expensive quotes which is youi. So don't bother to check them, especially that you have to talk to them through the phone.

  • Crayze w00kie on 21/12/2020 - 23:58

    well anybody had any good experiences with certain insurers?
    or likewise and bad ones that should be avoided?

    • Yummy on 22/12/2020 - 00:32

      AAMI
      avoid

      • Pemberk987 on 22/12/2020 - 01:27

        Can I ask what was your experience with Aami? I just signed up for fully comprehensive……

        • Yummy on 22/12/2020 - 09:41

          They dont care about their own customers, unhelpful and also bad service.

          Switched to NRMA, happy ending ever after.

  • Crayze w00kie on 22/12/2020 - 00:26

    or even just any good sites that help you find the best insurer, anything that helps is appreciated

  • whitelie on 22/12/2020 - 01:38

    Get full comp, RAC are pretty competitive in WA, save 4c off at Puma servo's, regular discounts at Repco, Retravision etc so a decent amount of usable perks IMO.

    If you're going to do Uber/Ubereats, do you need to register and insure the vehicle for business purposes? Or does it depend on how much you're actually using the car for income?

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