Car Insurance on Which Way To Pay Australia

18 February 2011 - Which Way To Pay

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Car Insurance on Which Way To Pay Australia

Car Insurance is a legal requirement. If you have a car, by law, you must have car insurance. However, unlike some laws, it really is in your interest to make sure you are covered. One only has to look at statistics to see just how many problems there are with cars each day-how many accidents there are on the roads and finally, how expensive a car is.

It is definitely worth considering the difference between third party and fully comprehensive car insurance. Most people make this decision based on the value of their car.

If your car isnít worth very much it may not be worth insuring it against damages.

Third party is the minimum cover you can buy and it only covers damage or injury to other people and their property, caused by you. You will have to meet the cost of damage to your own car.

Third party, fire and theft (TPFT) cover is like third party, but you are covered if your car is lost in a fire or is stolen.

This is particularly suitable for young drivers and drivers of older cars that aren't worth much. Comprehensive cover includes damage to your own vehicle as well.

Consider this when purchasing car insurance and make sure you shop around. The mileage and age of the car may affect the cost of the insurance as will the age and sex of the driver.

All these are things to consider before you settle on an insurance policy,

Have a good day,

Which Way To Pay Australia



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