Comparisons On Insurance Quotes

Comparisons On Insurance Quotes

Did you know that a vehicle is stolen every 8 minutes in Australia? From January to September 2010, more than 33,000 cars were stolen around the nation. Surprisingly, the majority of car theft takes place not at night, but around midday.

It's a scary statistic and one that may lead you to consider locking your car with extra security systems and encourage you to consider making comparisons on car insurance quotes.

If you take the time to make quotes comparisons on car insurance you may be surprised at how affordable the extra safety can be for your prized set of wheels.

Most targeted vehicles

A report released in early 2011 by Budget Direct revealed that more cars were stolen on Thursdays. That was the case for many Australian states with about one-fifth of car theft in New South Wales, Queensland and Victoria taking place on Thursdays. The report also listed the most popular makes and models among car thieves to include:

  • Holden Commodore
  • Hyundai Excel X3
  • Nissan Skyline
  • Subaru Liberty
  • Ford Falcon EA

According to the report, three quarters of all car theft in the nation is by youths either for joy-riding, transport or to commit another crime.

So if you love your car and want to keep it as safe as possible, consider making comparisons on insurance quotes online. By looking to online comparison sites such as RateCity, you'll be able to compare comprehensive car insurance policies from several brands.

The table below lists comprehensive car insurance providers you can obtain quotes from at RateCity.

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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. 

Can I drive a new car without insurance?

It is illegal to drive a car in Australia without insurance. Most states require that you get your insurance in place before you drive the car off the dealership’s plot. So, the answer to whether driving a new car without insurance is no, it is not allowed.

The only time you can possibly legally drive an uninsured car is when you have to get the vehicle registered. You should drive straight to an inspection station or your state's vehicle registry. You must also make sure that you take the most direct or convenient route possible.

It is important to note that your compulsory third party insurance (CTP or green slip) isn’t valid until your car is registered.

Driving an unregistered or uninsured vehicle can have severe legal repercussions. If you are involved in an accident, and are driving an unregistered and uninsured vehicle, you will be personally liable to pay compensation to anyone hurt, as well as for damages. If you are caught driving a vehicle without insurance, you may be fined or even have your vehicle seized.