Car Insurance Online

Getting car insurance online, such as comprehensive car insurance, is relatively straight forward. This is helped by the relative simplicity of the factors involved in securing car insurance compared with calculating certain other types of insurance such as life insurance.

Comprehensive car insurance: Comprehensive car insurance covers damage not only to your vehicle, but another car, up to a market value, which you agree annually with your insurance company. It’s worth noting that comprehensive car insurance also covers registration costs and any optional extras such as alloy wheels, extra airbags and window tinting (depending on provider).

Excess: Before looking for car insurance online, be aware that most comprehensive car insurance policies come with an excess. The excess is the amount that you pay from your own pocket when you make a claim if you’re at fault. If you can prove you didn’t contribute to the bingle, and can identify the culprit to your insurer, you may not be hit with an excess payment.

With some policies, you’ll be able to select the amount of excess against your comprehensive car insurance premium. Moreover, reducing the excess can increase the premium, while a higher excess may lower the premium.

No claim bonus:  When searching for car insurance online, be sure to check the insurer’s no claim bonus (NCB) policy.  The NCB relates to your insurance claim history, and in particular, how many consecutive years it’s been since your last comprehensive car insurance claim. Generally speaking, the more claim-free years, the bigger the discount against your premium.

Insurers attach excesses and no claim bonuses to your comprehensive car insurance in an attempt to discourage you from making small claims such as the cost of minor paint work. In fact, should you request it, the insurer will calculate the impact that making a small claim will have on your premium and a higher excess generally means a lower premium.

There are additional variables involved in the calculation of a car insurance premium, so it is important to do the research before signing up for car insurance online.

Did you find this helpful? Why not share this article?

Advertisement

RateCity

The money talks which you don't need to avoid any more

Subscribe to our newsletter so we can send you awesome offers and discounts

Advertisement

Learn more about car insurance

Does insurance cover a stolen car if keys were in the car?

A car insurance policy that covers the theft of your car, such as third party fire and theft insurance, usually covers a stolen car, even if the keys were in the car’s ignition.

However, your insurer may deny the claim if you live in an area where there have been several car robberies reported recently. They will see you leaving the keys in the car as a case of negligence. In such cases, your insurance provider may even expect you to have installed anti-theft security measures in your car. 

You may need to confirm whether or not you left your keys in your car, and if they had been stolen or misplaced, before filing your car insurance claim. The loss or theft of your car keys may be covered by a comprehensive car insurance policy, but usually as an optional item.

If you can confirm that your car keys were stolen, mention this in your claim as this will help establish that your car was not stolen as a result of your negligence.

Can you insure your car for 6 months?

Most Australian insurers won’t offer you a 6-month car insurance policy, so you may need to buy a policy that covers your car for damages and cancel it after six months. You will need to purchase comprehensive car insurance to protect your car from accidental damage, theft, vandalism, or natural disasters.. 

Consider checking whether your 6-month comprehensive car insurance will cost more if you pay monthly or six-monthly premiums instead of a one-time annual premium. Another question to ask the insurer is whether you’ll need to pay administration or cancellation fees when you cancel the policy.

Alternatively, you can look for a suitable ‘pay as you drive’ car insurance policy, which usually offers you the coverage of a comprehensive car insurance policy but only requires you to pay for the distance driven. Such a policy may not be the ideal 6-month car insurance plan as it is based on how much you drive rather than for how long. If you need to drive a lot, you may end up paying more than you’d pay for regular car insurance.