Ways to reduce your car insurance premium
Increase your excess - if you like, you can increase your excess to lower your premium. This option is available for new Comprehensive Car policies from 5 June 2020 and renewing Comprehensive Car policies with an effective date of 2 July 2020.
FAQs What's the difference between Comprehensive and Third Party Insurance?
Comprehensive Car Insurance covers you for accidental damage or loss of your car as well as damage to someone else's vehicle or property up to $20 million. Third Party Insurance covers you for any damage the use of your car causes to other people's property or car. You are not covered for any damage to your own car or for injuries to other people. What is the difference between market value and agreed value?
Market value means the amount the market would pay for the car. An "Agreed value" generally means the price of your car that's been agreed by you and your insurer, usually at the time of taking out or renewing your policy.
Bingle only offers market value on our Comprehensive Car Insurance policies.
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