Australia has always been that quiet continent that has always appeared in the top of the list of the world’s best technological advancements, businesses, agriculture and tourism to name a few. Almost every family in Australia owns a private car. Cars have been the most affordable mode of private transportation to facilitate most of the daily activities done locally and there is need to secure them from possible disasters to avoid disturbing the flow of daily routines. We are going to discuss some of the things you need to know about car insurance in Australia.
At some point in life, you may need cash for cars you no longer need or want to replace, and an insurance cover would be good if you want to sell a car that is still functional. There are four plans mostly applied by car insurance companies in Australia and they are:
Comprehensive insurance cover
This is the most expensive of the four insurance plans but the price is worth the services. It is the best plan to consider especially if you are running a big vehicle that may cost you a lot of cash if you are to repair with own pocket. The comprehensive plan helps protect against most of the disaster causing events that are almost unpredictable such as fires, storms, collision and theft amongst many of others. If you run a business involving a lot of travelling, then this would be the best option you can choose for your car insurance provided that your business is able to pay for the monthly payments.
Compulsory third party
As the name suggests, this is a mandatory plan that every car owner needs to have so as to avoid cases whereby damages are caused with none to take responsibility. It is the cheapest of all the plans and is best if you do not like a lot of expenses every month paying for car insurance when you have other things to do. This plan is basic in that it only involve car repairs of others. Choose this plan if you do not need a lot of tasks when looking to protect your car especially if you are in rural setting where you do not interact too frequently with other road users. Clearance for this plan is so easy and may be best if you want to sell your car to another person or a Car Removal Sydney Company.
Third party property
Third party property insurance cover is good for protection of property that does not belong to you when you are the cause of the accidents. With this cover, you will be free of any unexpected accidents that only includes you in the miscellaneous budget. It helps you pay for damages you have caused to the property of the other person but does not include yours. This plan however, does not include fire and theft issues that you may fall victim in case an accident occurs, say, you caused someone’s house to get burnt and this takes us to the next plan.
Third party fire and theft
The third party plan only covered repair costs of property damaged but did not include fire and theft. Third party fire and theft covers these incidences and is better compared to the former, though expensive. Despite the good offers this plan provides, you still have to be careful because you will still not get help from the company if you are the cause of the incident. So, as you choose this plan, stay away from any troubles you are likely to become the factor.
If you’re looking for a Quick Cash sale for your Old or Unwanted Car, contact Metro Car Removal at 0422 600 833