Comprehensive

Comprehensive insurance offers complete coverage for both the parties involved in an accident. The cost of a comprehensive insurance policy is largely based on the type and model of your vehicle. The less your car is worth the less you’ll pay for your comprehensive insurance.

Third Party Property (TPP)

TTP is the lowest insurance coverage available from most auto insurance companies. According to liability insurance policies, the insurance company provides protection upon a third party's 9another persons) property up to a specified amount. TPP car insurance will not provide any protection for your vehicle so if the crash is your fault then you will have to pay out of your own money.

Third Party Property Fire & Theft (TPF)

TPF covers you as TPP does but also you for theft or burning of your vehicle.

Compulsory Third party Insurance (CTP)

It is required by law for each motorist to hold CTP Insurance in Australia. It protects the driver or owner of the vehicle from personal injury claims made against them in the case of an accident. In QLD and NSW CTP insurance must be purchased where as in the other states and territories it is included in the price of registration.

Each state regulates CTP insurance in one way or another although these regulations are different in each state. Some states offer protection to injured parties regardless of fault where as some don’t; all state use Common Law. Some states also cover those injured in the accident where the car was not registered but this is not offered by all states. Below is a summary of CTP insurance in each state.

To find out more about CTP fees go to Licensing, CTP & Rego