1st May 2020
Bingle's Comprehensive Car Insurance is, well, comprehensive! It covers damage and loss caused by a wide
range of insured events like accidents, theft and weather events (think hail, fire and storms). It also
covers you if you cause damage to someone else's car or property (you've got legal liability for damage up to
Third Party Car Insurance, on the other hand, is typically cheaper but only covers damage to another
person's vehicle or property. So, if for example you bump into someone else on the road, Third Party
cover can help pay for repairs to their car - but won't cover repairs to your own car.
Because of the price difference, it might be tempting to downgrade to Third Party Car Insurance and
save a bit of cash, especially if you've never had to make a claim, and/or if you think your own car
isn't worth that much. Before you decide to downgrade, brush up on why Comprehensive Insurance could
still come in handy.
What kind of cover does Comprehensive Car Insurance give you?
- Loss or Damage to your car, up to the market value, including damage to your car from natural hazards like fire, hail and flood.
- Damage to someone else's car or property caused by the use of your car.
- Up to $20 legal liability insurance.
With Comprehensive cover you can also choose to add optional extras. These are windscreen and glass only
cover, Keep Mobile cover which gives you a hire car while your car is being repaired/assessed, and New
for Old cover (only for cars three years old and under).
Note, this isn't an exhaustive list of everything that Comprehensive Car Insurance covers. Find out more
about Comprehensive Car Insurance.
What's the difference between Third Party and Comprehensive cover?
Basically, both types of insurance provide cover if you're responsible for a car accident that causes damage
to another person's car or property. This could come in handy if you ever hit a fancy sports car – think
about how expensive that could be to repair if you were paying for it yourself!
But as mentioned above, Third Party Insurance doesn't cover for damage to your own car, while Comprehensive does.
Compare Comprehensive and Third Party Car Insurance
When considering what may be appropriate cover it's important to compare the Bingle Third Party Car
Insurance and Comprehensive Car Insurance Policy Documents for more info and exclusions on both types of