Compare Third Party Fire and Theft car insurance

Third Party Fire and Theft car insurance typically covers damage your vehicle causes to other people’s property, as well as damage to your car caused by fire or theft.

The table below provides a general overview of what’s typically covered and excluded by Third Party Fire and Theft car insurance.

It depends on your circumstances – there’s no single best car insurance policy for everyone.

Third Party Fire and Theft car insurance isn’t the cheapest type of car insurance around, but it’s also not the most expensive. It could be good for someone who wants some cover for their car, but also wants something cheaper than a comprehensive policy.

If you’re still unsure if Third Party Fire and Theft car insurance would suit your circumstances, read the TMD.

Learner drivers may be covered by a Third Party Fire and Theft policy, provided the licensed driver accompanies them while they’re driving. Some insurers may also require any learner driver who uses the covered vehicle to be listed on the policy.

Please note that if the learner is responsible for an incident you make a claim for, you may incur a young or inexperienced driver excess on top of the standard excess payment.

Some car insurance providers will offer roadside assistance services as an optional extra with Third Party Fire and Theft policies.

Depending on when you take out your policy and what coverage is on offer, your aftermarket modifications could be covered. If you’re taking out a new policy or switching providers, you can list your mods when providing details about your vehicle. Any extra parts and upgrades will be counted in the cost of your insurance.

If you already have insurance and modify your car, these modifications won’t be covered unless you contact your provider to advise them of the changes you’ve made and update your cover (if required).

Insurers generally don’t offer choice of repairer as an optional extra in Third Party Fire and Theft policies. This is typically only an option in comprehensive car insurance policies, but it’ll depend on the insurance provider.

Similar to other types of car insurance, your Third Party Fire and Theft car insurance premium is calculated based on the following factors:

• Your age. Young drivers (typically under the age of 25) tend to pay more for their car insurance.
• Your address. If you live in a suburb with high rates of car theft, you might be at an increased risk of making a claim. This may apply for flood plains and bushfire-prone locations as well.
• Your car. The make and model, value, age and condition of your car all play a part in how much it costs to insure it.

Your excess could also be a factor in your car insurance premiums. Selecting a lower policy excess will typically increase your overall premium, and vice versa.

There are some steps you can take to reduce your car insurance premiums, including:

• Restricting the age of drivers. Restricting the age of your car’s drivers (e.g. only people over the age of 18, 21 or 25) may reduce the cost of your insurance.
• Looking out for discounts. Some insurance companies offer discounts if you purchase insurance online.
• Only select optional extras you need. It may be tempting to include every optional benefit available to you, but each one typically increases your overall premium.

You could also save on your premium by choosing a higher excess on your policy. Keep in mind that your insurer may ask you to pay this excess if you need to claim, so consider if it’s an amount you could afford in this instance.