Insurance Car

Insurance Car

Car insurance is one form of insurance that most motorists understand the value of, and take out. Given the ease and frequency with which accidents can happen, where just a minor bingle can cost thousands in repairs, insurance for your car makes lots of sense.

Bundling may be cheaper

But like most financial products, prices and offerings vary, so it pays to shop around for the best car insurance rates and policy inclusions. There are many insurers, and some will offer discounts if you take out a number of policies, such as insurance for car, home and life with the same company. All you have to do is ask the simple question of an insurer, “Can I get a better deal by doing all my insurance business, such as insurance for car and home, with you?”

Switching is easy

Remember too, it’s a competitive market – there are a number of car insurance brands now available in the market, so comparing car insurance quotes before renewing with your existing provider may save you money. Switching from one insurer to another can be simple. Your no claim bonus is generally 'portable' from one insurer to another, for instance.

Play it straight

Importantly, when dealing with insurance companies, including insurance for car as well as for home and contents, make sure you list everything that needs covering, and to what value.

You might also be tempted to stretch the truth about your driving record and situation in the hope of reducing the car insurance quotes you receive, but doing so can be a costly mistake. That's because your driving record is easy for insurers to subsequently check, and if inaccuracies arise when you take out a car insurance policy – or at the time of making a claim – you might find your insurer reducing the payout, or refusing to pay, in the event of a claim.

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Learn more about car insurance

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. 

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.