Compare Third Party Fire & Theft Car Insurance From 40 Providers

  • Compare third party fire & theft car insurance policies from popular providers in Australia
  • Third party fire & theft car insurance is available as an optional extra or standard inclusion in comprehensive policies
Third party fire & theft
Third party fire & theft

In our third party fire & theft car insurance guide:

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Third party fire & theft car insurance comparison

The table below shows a selection of providers offering optional third party fire and theft car insurance, with an overview of selected features and discounts. The table is sorted alphabetically based on the provider name. We are not making a recommendation about any particular product.

Provider

1st for Women

Key inclusions
  • Damage to your car caused by fire or theft

  • Hire car for up to 14 days following theft

  • Legal liability from an accident up to $20 million

Pay monthly at no extra cost

No

Discount available
  • Drivers aged over 25 may be eligible for a discount
Visit provider

Provider

AAMI

Key inclusions
  • Damage to your car caused by fire or theft

  • Hire car for up to 21 days following theft

  • Legal liability from an accident up to $20 million

Pay monthly at no extra cost

No

Discount available
  • Save $20 when you buy a car insurance policy online
Visit provider

Provider

AHM

Key inclusions
  • Damage to your car caused by fire or theft

  • Hire car for up to 14 days following theft

  • Legal liability from an accident up to $20 million

Pay monthly at no extra cost

No

Discount available
  • AHM & Medibank health members get 10% off
Visit provider

Provider

ANZ

Key inclusions
  • Damage to your car caused by fire or theft

  • Hire car after theft until your claim is settled

  • Legal liability from an accident up to $20 million

Pay monthly at no extra cost

Yes

Discount available

No

Visit provider

Provider

Apia

Key inclusions
  • Damage to your car caused by fire or theft

  • Hire car for up to 21 days following theft

  • Legal liability from an accident up to $20 million

Pay monthly at no extra cost

No

Discount available

No

Visit provider

Provider

Australian Seniors

Key inclusions
  • Damage to your car caused by fire or theft

  • Hire car for up to 14 days following theft

  • Legal liability from an accident up to $20 million

Pay monthly at no extra cost

No

Discount available
  • Up to 5% off for seniors card discount holders
Visit provider

Provider

Australia Post

Key inclusions
  • Damage to your car caused by fire or theft

  • Hire car for up to 14 days following theft

  • Legal liability from an accident up to $30 million

Pay monthly at no extra cost

No

Discount available

No

Visit provider

Provider

Bank of Melbourne

Key inclusions
  • Fire & theft cover only available to renewing customers

  • Legal liability from an accident up to $20 million

Pay monthly at no extra cost

Yes

Discount available

No

Visit provider

Provider

BankSA

Key inclusions
  • Fire & theft cover only available to renewing customers

  • Legal liability from an accident up to $20 million

Pay monthly at no extra cost

Yes

Discount available

No

Visit provider

Provider

Bankwest

Key inclusions
  • Fire & theft cover only available to renewing customers

  • Legal liability from an accident up to $20 million

Pay monthly at no extra cost

Yes

Discount available

No

Visit provider

Provider

Bendigo Bank

Key inclusions
  • Damage to your car caused by fire or theft

  • Hire car for up to 21 days following theft

  • Legal liability from an accident up to $30 million

Pay monthly at no extra cost

Yes

Discount available
  • Pay less if you drive less than 10,000 kms per year
Visit provider

Provider

Budget Direct

Key inclusions
  • Damage to your car caused by fire or theft

  • Hire car for up to 14 days following theft

  • Legal liability from an accident up to $20 million

Pay monthly at no extra cost

No

Discount available
  • Up to 15% off your first year’s premium when you buy online
Visit provider

Provider

Bupa

Key inclusions
  • Damage to your car caused by fire or theft

  • Hire car for up to 14 days following theft

  • Legal liability from an accident up to $20 million

Pay monthly at no extra cost

No

Discount available
  • 10% discount for Bupa Health Insurance members & 15% off for Bupa Ultimate Health Insurance members
Visit provider

Provider

Coles Insurance

Key inclusions
  • Damage to your car caused by fire or theft

  • Hire car for up to 14 days following theft

  • Legal liability from an accident up to $20 million

Pay monthly at no extra cost

No

Discount available
  • Up to 15% off when you buy a policy online
Visit provider

Provider

Everyday Insurance

Key inclusions
  • Damage to your car caused by fire or theft

  • Hire car for up to 14 days following theft

  • Legal liability from an accident up to $20 million

Pay monthly at no extra cost

No

Discount available
  • Up to 10% off an in-store grocery shop per month when you buy an eligible car insurance policy
Visit provider

Provider

GIO

Key inclusions
  • Damage to your car caused by fire or theft

  • Hire car for up to 21 days following theft

  • Legal liability from an accident up to $20 million

Pay monthly at no extra cost

No

Discount available
  • Up to 10% off when you buy online & multi-policy discount
Visit provider

Provider

HSBC

Key inclusions
  • Fire & theft cover only available to renewing customers

  • Legal liability from an accident up to $20 million

Pay monthly at no extra cost

Yes

Discount available
  • Up 10% off your first year’s premium when you buy online
Visit provider

Provider

Huddle

Key inclusions
  • Damage to your car caused by fire or theft

  • Hire car for up to 10 days following theft

  • Legal liability from an accident up to $20 million

Pay monthly at no extra cost

No

Discount available
  • Up to 30% off your policy when you buy online
Visit provider

Provider

Kogan Insurance

Key inclusions
  • Damage to your car caused by fire or theft

  • Hire car for up to 14 days following theft

  • Legal liability from an accident up to $30 million

Pay monthly at no extra cost

No

Discount available
  • Get a $10 Kogan.com.au credit when you complete an eligible quote
Visit provider

Provider

NAB

Key inclusions
  • Damage to your car caused by fire or theft

  • Hire car for up to 30 days following theft

  • Legal liability from an accident up to $20 million

Pay monthly at no extra cost

No

Discount available

No

Visit provider

Provider

National Seniors

Key inclusions
  • Fire & theft cover only available to renewing customers

  • Legal liability from an accident up to $20 million

Pay monthly at no extra cost

Yes

Discount available
  • Up to 10% off your first year’s premium when you buy online
Visit provider

Provider

NRMA

Key inclusions
  • Damage to your car caused by fire or theft

  • Hire car for up to 21 days following theft

  • Legal liability from an accident up to $20 million

Pay monthly at no extra cost

No

Discount available

No

Visit provider

Provider

Oceania Insurance

Key inclusions
  • Damage to your car caused by fire or theft

  • Hire car for up to 14 days following theft

  • Legal liability from an accident up to $20 million

Pay monthly at no extra cost

No

Discount available

No

Visit provider

Provider

Ozicare

Key inclusions
  • Damage to your car caused by fire or theft

  • Hire car for up to 14 days following theft

  • Legal liability from an accident up to $20 million

Pay monthly at no extra cost

No

Discount available

No

Visit provider

Provider

PD Insurance

Key inclusions
  • Damage to your car caused by fire or theft

  • Hire car for up to 14 days following theft

  • Legal liability from an accident up to $20 million

Pay monthly at no extra cost

No

Discount available

No

Visit provider

Provider

People's Choice

Key inclusions
  • Damage to your car caused by fire or theft

  • Hire car for up to 21 days following theft

  • Legal liability from an accident up to $30 million

Pay monthly at no extra cost

Yes

Discount available

No

Visit provider

Provider

Qantas Insurance

Key inclusions
  • Damage to your car caused by fire or theft

  • Hire car for up to 14 days following theft

  • Legal liability from an accident up to $20 million

Pay monthly at no extra cost

No

Discount available
  • Earn up to 30,000 Qantas Points when you switch
Visit provider

Provider

QBE

Key inclusions
  • Damage to your car caused by fire or theft

  • Hire car for up to 14 days following theft

  • Legal liability from an accident up to $30 million

Pay monthly at no extra cost

No

Discount available

No

Visit provider

Provider

RAA (South Australia only)

Key inclusions
  • Damage to your car caused by fire or theft

  • Hire car for up to 21 days following theft

  • Legal liability from an accident up to $20 million

Pay monthly at no extra cost

Yes

Discount available
  • Member benefits may apply
Visit provider

Provider

RACT (Tasmania only)

Key inclusions
  • Damage to your car caused by fire or theft

  • Hire car for up to 14 days following theft

  • Legal liability from an accident up to $20 million

Pay monthly at no extra cost

No

Discount available
  • Member benefits may apply
Visit provider

Provider

RACV (Victoria only)

Key inclusions
  • Damage to your car caused by fire or theft

  • Hire car (up to $100 per day) for unlimited days

  • Legal liability from an accident up to $20 million

Pay monthly at no extra cost

No

Discount available
  • Member benefits may apply
Visit provider

Provider

Real Insurance

Key inclusions
  • Damage to your car caused by fire or theft

  • Hire car for up to 14 days following theft

  • Legal liability from an accident up to $20 million

Pay monthly at no extra cost

No

Discount available

No

Visit provider

Provider

Rollin

Key inclusions
  • Damage to your car caused by fire or theft

  • Hire car following theft

  • Legal liability from an accident up to $20 million

Pay monthly at no extra cost

Monthly only

Discount available

No

Visit provider

Provider

St.George Bank

Key inclusions
  • Fire & theft cover only available to renewing customers

  • Legal liability from an accident up to $20 million

Pay monthly at no extra cost

Yes

Discount available

No

Visit provider

Provider

Suncorp Insurance

Key inclusions
  • Damage to your car caused by fire or theft

  • Hire car for up to 21 days following theft

  • Legal liability from an accident up to $20 million

Pay monthly at no extra cost

No

Discount available
  • Up to 10% multi-policy discount
Visit provider

Provider

TIO (Northern Territory only)

Key inclusions
  • Fire & theft cover only available to renewing customers

  • Legal liability from an accident up to $20 million

Pay monthly at no extra cost

No

Discount available

No

Visit provider

Provider

Virgin Money

Key inclusions
  • Damage to your car caused by fire or theft

  • Hire car for up to 14 days following theft

  • Legal liability from an accident up to $20 million

Pay monthly at no extra cost

No

Discount available
  • Up to 15% off your first year’s premium when you buy insurance online
Visit provider

Provider

Westpac

Key inclusions
  • Fire & theft cover only available to renewing customers

  • Legal liability from an accident up to $20 million

Pay monthly at no extra cost

Yes

Discount available

No

Visit provider

Provider

Youi

Key inclusions
  • Damage to your car caused by fire or theft

  • Hire car for up to 14 days following theft

  • Legal liability from an accident up to $20 million

Pay monthly at no extra cost

No

Discount available

No

Visit provider
ProviderKey inclusionsPay monthly at no extra costDiscount availableVisit provider

1st for Women

  • Damage to your car caused by fire or theft

  • Hire car for up to 14 days following theft

  • Legal liability from an accident up to $20 million

No

  • Drivers aged over 25 may be eligible for a discount

AAMI

  • Damage to your car caused by fire or theft

  • Hire car for up to 21 days following theft

  • Legal liability from an accident up to $20 million

No

  • Save $20 when you buy a car insurance policy online

AHM

  • Damage to your car caused by fire or theft

  • Hire car for up to 14 days following theft

  • Legal liability from an accident up to $20 million

No

  • AHM & Medibank health members get 10% off

ANZ

  • Damage to your car caused by fire or theft

  • Hire car after theft until your claim is settled

  • Legal liability from an accident up to $20 million

Yes

No

Apia

  • Damage to your car caused by fire or theft

  • Hire car for up to 21 days following theft

  • Legal liability from an accident up to $20 million

No

No

Australian Seniors

  • Damage to your car caused by fire or theft

  • Hire car for up to 14 days following theft

  • Legal liability from an accident up to $20 million

No

  • Up to 5% off for seniors card discount holders

Australia Post

  • Damage to your car caused by fire or theft

  • Hire car for up to 14 days following theft

  • Legal liability from an accident up to $30 million

No

No

Bank of Melbourne

  • Fire & theft cover only available to renewing customers

  • Legal liability from an accident up to $20 million

Yes

No

BankSA

  • Fire & theft cover only available to renewing customers

  • Legal liability from an accident up to $20 million

Yes

No

Bankwest

  • Fire & theft cover only available to renewing customers

  • Legal liability from an accident up to $20 million

Yes

No

Bendigo Bank

  • Damage to your car caused by fire or theft

  • Hire car for up to 21 days following theft

  • Legal liability from an accident up to $30 million

Yes

  • Pay less if you drive less than 10,000 kms per year

Budget Direct

  • Damage to your car caused by fire or theft

  • Hire car for up to 14 days following theft

  • Legal liability from an accident up to $20 million

No

  • Up to 15% off your first year’s premium when you buy online

Bupa

  • Damage to your car caused by fire or theft

  • Hire car for up to 14 days following theft

  • Legal liability from an accident up to $20 million

No

  • 10% discount for Bupa Health Insurance members & 15% off for Bupa Ultimate Health Insurance members

Coles Insurance

  • Damage to your car caused by fire or theft

  • Hire car for up to 14 days following theft

  • Legal liability from an accident up to $20 million

No

  • Up to 15% off when you buy a policy online

Everyday Insurance

  • Damage to your car caused by fire or theft

  • Hire car for up to 14 days following theft

  • Legal liability from an accident up to $20 million

No

  • Up to 10% off an in-store grocery shop per month when you buy an eligible car insurance policy

GIO

  • Damage to your car caused by fire or theft

  • Hire car for up to 21 days following theft

  • Legal liability from an accident up to $20 million

No

  • Up to 10% off when you buy online & multi-policy discount

HSBC

  • Fire & theft cover only available to renewing customers

  • Legal liability from an accident up to $20 million

Yes

  • Up 10% off your first year’s premium when you buy online

Huddle

  • Damage to your car caused by fire or theft

  • Hire car for up to 10 days following theft

  • Legal liability from an accident up to $20 million

No

  • Up to 30% off your policy when you buy online

Kogan Insurance

  • Damage to your car caused by fire or theft

  • Hire car for up to 14 days following theft

  • Legal liability from an accident up to $30 million

No

  • Get a $10 Kogan.com.au credit when you complete an eligible quote

NAB

  • Damage to your car caused by fire or theft

  • Hire car for up to 30 days following theft

  • Legal liability from an accident up to $20 million

No

No

National Seniors

  • Fire & theft cover only available to renewing customers

  • Legal liability from an accident up to $20 million

Yes

  • Up to 10% off your first year’s premium when you buy online

NRMA

  • Damage to your car caused by fire or theft

  • Hire car for up to 21 days following theft

  • Legal liability from an accident up to $20 million

No

No

Oceania Insurance

  • Damage to your car caused by fire or theft

  • Hire car for up to 14 days following theft

  • Legal liability from an accident up to $20 million

No

No

Ozicare

  • Damage to your car caused by fire or theft

  • Hire car for up to 14 days following theft

  • Legal liability from an accident up to $20 million

No

No

PD Insurance

  • Damage to your car caused by fire or theft

  • Hire car for up to 14 days following theft

  • Legal liability from an accident up to $20 million

No

No

People's Choice

  • Damage to your car caused by fire or theft

  • Hire car for up to 21 days following theft

  • Legal liability from an accident up to $30 million

Yes

No

Qantas Insurance

  • Damage to your car caused by fire or theft

  • Hire car for up to 14 days following theft

  • Legal liability from an accident up to $20 million

No

  • Earn up to 30,000 Qantas Points when you switch

QBE

  • Damage to your car caused by fire or theft

  • Hire car for up to 14 days following theft

  • Legal liability from an accident up to $30 million

No

No

RAA (South Australia only)

  • Damage to your car caused by fire or theft

  • Hire car for up to 21 days following theft

  • Legal liability from an accident up to $20 million

Yes

  • Member benefits may apply

RACT (Tasmania only)

  • Damage to your car caused by fire or theft

  • Hire car for up to 14 days following theft

  • Legal liability from an accident up to $20 million

No

  • Member benefits may apply

RACV (Victoria only)

  • Damage to your car caused by fire or theft

  • Hire car (up to $100 per day) for unlimited days

  • Legal liability from an accident up to $20 million

No

  • Member benefits may apply

Real Insurance

  • Damage to your car caused by fire or theft

  • Hire car for up to 14 days following theft

  • Legal liability from an accident up to $20 million

No

No

Rollin

  • Damage to your car caused by fire or theft

  • Hire car following theft

  • Legal liability from an accident up to $20 million

Monthly only

No

St.George Bank

  • Fire & theft cover only available to renewing customers

  • Legal liability from an accident up to $20 million

Yes

No

Suncorp Insurance

  • Damage to your car caused by fire or theft

  • Hire car for up to 21 days following theft

  • Legal liability from an accident up to $20 million

No

  • Up to 10% multi-policy discount

TIO (Northern Territory only)

  • Fire & theft cover only available to renewing customers

  • Legal liability from an accident up to $20 million

No

No

Virgin Money

  • Damage to your car caused by fire or theft

  • Hire car for up to 14 days following theft

  • Legal liability from an accident up to $20 million

No

  • Up to 15% off your first year’s premium when you buy insurance online

Westpac

  • Fire & theft cover only available to renewing customers

  • Legal liability from an accident up to $20 million

Yes

No

Youi

  • Damage to your car caused by fire or theft

  • Hire car for up to 14 days following theft

  • Legal liability from an accident up to $20 million

No

No

Please note: This is an overview of what each of these providers shown offers based on a selection of key features advertised. It’s not a full list of what the policies offer or exclude. We recommend getting a personalised quote and checking the Product Disclosure Statement (PDS) and Target Market Determination (TMD) for the policy to understand what is and isn’t covered and what limits, sub-limits, exclusions, terms and conditions apply before deciding if the product is suitable for you. While this is an extensive list of car insurance providers in Australia offering third party fire and theft cover, we cannot guarantee that all providers are shown.

What is third party fire & theft car insurance?

Third party fire and theft car insurance is usually included in comprehensive policies or available as an optional extra to third party property only car insurance. It covers your car if it’s stolen, or damaged by fire or theft, plus damage you cause to other people’s property (up to the value shown on your Insurance Certificate). You’re also generally covered if you have a crash with an uninsured driver.

It’s sometimes referred to as ‘fire and theft protection’, which is a higher level of coverage than third party property car insurance (which only covers damage to another vehicle or property you might be liable for, and incidents involving uninsured drivers).

Fire and theft cover comes at an extra premium on top of the cost of a third party property only policy.

Keep in mind that third party car insurance does not cover accidental damage to your own car or property. For that, you’ll need a higher level of car insurance, namely comprehensive car insurance.

What’s covered by third party fire & theft car insurance?

Third party fire and theft car insurance provides the standard benefits of a third party property only policy, plus additional cover for:

  • Loss or damage to your car caused by fire (including bushfires in some cases), theft or attempted theft
  • A hire car if your vehicle is stolen or damaged in a fire or theft incident
  • Personal property in your car (optional)
  • Towing costs if your car is stolen or damaged in a fire or theft
  • Damage to your vehicle by uninsured drivers at fault

There are general inclusions in third party fire and theft car insurance policies. Individual policies may vary, so it's important to check the insurer’s Product Disclosure Statement (PDS) for the full list of inclusions and benefits.

What’s not covered by third party fire & theft car insurance?

  • Accidental damage to your own car if you’re at fault (this is typically covered under comprehensive policies)
  • Hire car after an accident
  • Storm, hail, flood or other weather-related damage
  • Injuries to you or others (third-party injuries are covered under CTP insurance)
  • Windscreen, sunroof or glass damage as a result of an accident
  • Emergency repairs and hire costs

Refer to the insurer’s PDS for the full list exclusions, limits and conditions.

Example of third party fire & theft car insurance policy benefits vs other car insurance

This table shows what’s generally included under each level of car insurance, but inclusions will vary depending on your individual policy and insurer. Check your insurer’s PDS for the full list of inclusions, limits, sub-limits and conditions of cover.

Benefits

Choice of market value or agreed value

Comprehensive car insurance

Yes

Third party property, fire & theft

No

Third party property only

No

Benefits

Damage to other people’s property

Comprehensive car insurance

Yes

Third party property, fire & theft

Yes

Third party property only

Yes

Benefits

Essential repairs

Comprehensive car insurance

Yes

Third party property, fire & theft

No

Third party property only

No

Benefits

Emergency transport & accommodation

Comprehensive car insurance

Yes

Third party property, fire & theft

No

Third party property only

No

Benefits

Hire car following theft

Comprehensive car insurance

Yes

Third party property, fire & theft

Yes

Third party property only

No

Benefits

Hire car after an accident

Comprehensive car insurance

Yes (optional)

Third party property, fire & theft

No

Third party property only

No

Benefits

New car replacement

Comprehensive car insurance

Yes

Third party property, fire & theft

No

Third party property only

No

Benefits

Personal effects replacement

Comprehensive car insurance

Yes

Third party property, fire & theft

Optional in some policies

Third party property only

No

Benefits

Repair guarantee

Comprehensive car insurance

Yes

Third party property, fire & theft

Yes

Third party property only

Yes

Benefits

Replacement of keys

Comprehensive car insurance

Yes

Third party property, fire & theft

No

Third party property only

No

Benefits

Towing costs

Comprehensive car insurance

Yes

Third party property, fire & theft

Yes

Third party property only

No

Benefits

Trailer

Comprehensive car insurance

Yes

Third party property, fire & theft

No

Third party property only

No

Benefits

Damage to your vehicle caused by an uninsured motorist

Comprehensive car insurance

Yes

Third party property, fire & theft

Yes

Third party property only

Yes

BenefitsComprehensive car insuranceThird party property, fire & theftThird party property only

Choice of market value or agreed value

Yes

No

No

Damage to other people’s property

Yes

Yes

Yes

Essential repairs

Yes

No

No

Emergency transport & accommodation

Yes

No

No

Hire car following theft

Yes

Yes

No

Hire car after an accident

Yes (optional)

No

No

New car replacement

Yes

No

No

Personal effects replacement

Yes

Optional in some policies

No

Repair guarantee

Yes

Yes

Yes

Replacement of keys

Yes

No

No

Towing costs

Yes

Yes

No

Trailer

Yes

No

No

Damage to your vehicle caused by an uninsured motorist

Yes

Yes

Yes

Source: Suncorp Insurance & AAMI.

How much does third party fire & theft car insurance cost?

The cost of third party fire and theft car insurance will depend on several factors, including:

  • Your level of cover: The cost of your policy will vary depending on whether it’s included in comprehensive car insurance or purchased as an add-on to third party property only cover.
  • Your policy excess: Increasing your car insurance excess can lower your premium and vice versa. Most insurers allow you to adjust your excess to increase or decrease your premium. You may be able to choose different excess tiers, depending on your policy.
  • Your age: Young drivers under 25 are statistically more likely to have a road accident than experienced drivers, according to Transport and Main Roads (QLD). This means they will generally pay a higher car insurance premium for the added risk to the insurer.
  • Your driving history: You may pay a higher premium if you’ve made recent claims for at-fault accidents. Some policies reward ‘safe drivers’ each year they don’t make an at-fault claim on their policy (usually up to a maximum of five years). This is known as a no-claim bonus.
  • Your car’s age, make and model: Car insurance premiums also vary depending on your car's make, model, age and condition. For example, an older Toyota Camry will cost less to insure than a brand-new hybrid model, according to sample quotes obtained by Money.com.au.
  • Where your car is usually parked: You’ll generally pay a lower premium if your car is parked in a garage or under a carport on your property instead of on the street, where it could more easily get broken into or stolen.
  • Your choice of insurer: The cost of third party fire and theft car insurance can vary between providers due to variations in their risk assessment methods and underwriting guidelines. It’s important to compare cover options from various insurers before deciding on a policy.

Compare the cost of third party fire & theft car insurance from popular insurers in Australia

Third party fire and theft cover can cost between $35-55 per month, based on analysis of a selection of quotes obtained by Money.com.au. The quotes show it’s more expensive than third party property only cover, but the difference in cost can vary significantly between providers. This table shows the cost of third party fire and theft car insurance from selected providers compared to third party property only. Cost comparison is based on quotes obtained from specified insurers for a 30-year old female in QLD driving a 2019 Mitsubishi ASX (private use), with no previous claims and no driver under 25 on the policy. Prices shown are for this scenario only and are not necessarily indicative of what you may pay.

Insurer

Youi

Third party property, fire and theft (monthly premium)

$34.74

Third party property only (monthly premium)

$24.56

Insurer

AAMI

Third party property, fire and theft (monthly premium)

$33.06

Third party property only (monthly premium)

$31.66

Insurer

Suncorp Insurance

Third party property, fire and theft (monthly premium)

$38.38

Third party property only (monthly premium)

$35.49

Insurer

QBE

Third party property, fire and theft (monthly premium)

$52.80

Third party property only (monthly premium)

$34.12

InsurerThird party property, fire and theft (monthly premium)Third party property only (monthly premium)

Youi

$34.74

$24.56

AAMI

$33.06

$31.66

Suncorp Insurance

$38.38

$35.49

QBE

$52.80

$34.12

Quotes obtained on 8 January 2024.

How to save money on third party fire & theft car insurance

1

Increase your excess

Most insurers allow you to increase your excess (the sum you must contribute towards a claim) to reduce your premium and vice versa. A higher excess means you'll pay more if you make a claim, but it lowers your monthly or annual premiums.

2

Pay your premium annually if possible

Some insurers offer a discount when you pay your premium annually rather than in monthly instalments. Others allow you to pay your premium monthly at no extra cost.

3

Drop any optional extras you don’t need

Some third party fire and theft policies come with optional extras like choice of repairer or personal effects cover for the contents in your car in the event of a theft. Consider whether you may use the add-ons you pay for and remove any you don’t need or want. Keep in mind that many insurers don’t offer optional extras with third party fire and theft policies.

4

Bundle your insurance policies

It’s possible to get third party fire and theft cover through a comprehensive policy. This option is typically more expensive but may offer better overall value in some situations as it covers more risks. In addition, comprehensive policies may be eligible for a multi-policy discount (where you combine multiple insurance policies under the same insurer) and other incentives that a third party fire and theft policy by itself may not be.

5

Buy your car insurance online

Some insurers offer a discount when you buy a car insurance policy directly via their website. For example, Budget Direct offers 15% off your first year’s premium when you buy a comprehensive policy or third party cover online.

6

Compare car insurers & policies

When in doubt, you can complete an online quote with various insurers to compare their prices, benefits and any incentives they offer. For example, Rollin doesn’t charge an additional excess for drivers under 25, while Qantas Insurance allows you to earn Qantas Points for car safety.

What’s the difference between third party fire & theft and third party property only?

Third party property only car insurance only covers your liability for damage you cause to other people's cars or property and incidents involving uninsured drivers. Meanwhile, third party fire and theft provides all the benefits of third party property only, and also gives you protection if your car gets stolen or damaged because of attempted theft or fire.

What’s the difference between third party fire & theft and CTP?

Third party fire and theft car insurance is an optional cover for accidental damage to other people's property and for damage to your car from fire and theft. It does not cover personal injuries or death.

On the other hand, Compulsory Third Party Insurance (CTP) insurance is mandatory in all states and territories of Australia, as it covers your liability if you or anyone driving your car kills or injures someone on the road.

Does third party fire & theft car insurance have an excess?

Yes, you may have to pay a basic excess (an out-of-pocket sum) if you claim on your third party fire and theft car insurance policy. It will depend on the circumstances of the incident, such as if you were at fault. You may pay an additional age excess if someone under 25 listed on your policy was responsible for the claim, according to NRMA. Fire and theft inclusions aren’t age-dependent.

Written by

Megan Birot Money.com.au writer

Senior Finance Writer

Megan Birot

Reviewed by

Sean Callery Editor Money.com.au

Editor

Sean Callery

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