Compare Third Party Car Insurance From 50+ Providers

  • Compare third party car insurance policies from popular providers in Australia
  • Third party car insurance is available with comprehensive car insurance or as a standalone cover
Third party car insurance
Third party car insurance

In our third party car property insurance guide:

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Third party property car insurance comparison

The table below shows a selection of car insurance providers offering third party property cover, 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
  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $5,000

Option to add fire & theft cover

Yes

Pay monthly at no extra cost

No

Discount available
  • Drivers over 25 may be eligible for a discount
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Provider

AAMI

Key inclusions
  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $5,000

Option to add fire & theft cover

Yes

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
  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $3,000

Option to add fire & theft cover

Yes

Pay monthly at no extra cost

No

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

Allianz

Key inclusions
  • Cover for damage to other people's car or property up to $20 million
Option to add fire & theft cover

No

Pay monthly at no extra cost

Yes

Discount available

No

Visit provider

Provider

ANZ

Key inclusions
  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $5,000

Option to add fire & theft cover

Yes

Pay monthly at no extra cost

Yes

Discount available

No

Visit provider

Provider

Apia

Key inclusions
  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $5,000

Option to add fire & theft cover

Yes

Pay monthly at no extra cost

No

Discount available

No

Visit provider

Provider

Australian Seniors

Key inclusions
  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $3,000

Option to add fire & theft cover

Yes

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
  • Cover for damage to other people's car or property up to $30 million

  • Cover for uninsured motorist damage of up to $5,000

Option to add fire & theft cover

Yes

Pay monthly at no extra cost

No

Discount available

No

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Provider

Bank of Melbourne

Key inclusions
  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $5,000

Option to add fire & theft cover

Yes

Pay monthly at no extra cost

Yes

Discount available

No

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Provider

BankSA

Key inclusions
  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $5,000

Option to add fire & theft cover

Yes

Pay monthly at no extra cost

Yes

Discount available

No

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Provider

Bankwest

Key inclusions
  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $5,000

Option to add fire & theft cover

Yes

Pay monthly at no extra cost

Yes

Discount available

No

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Provider

Bendigo Bank

Key inclusions
  • Cover for damage to other people's car or property up to $30 million

  • Cover for uninsured motorist damage of up to $5,000

Option to add fire & theft cover

Yes

Pay monthly at no extra cost

Yes

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

Beyond Bank

Key inclusions
  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $5,000

Option to add fire & theft cover

No

Pay monthly at no extra cost

No

Discount available

No

Visit provider

Provider

Bingle

Key inclusions
  • Cover for damage to other people's car or property up to $20 million
Option to add fire & theft cover

No

Pay monthly at no extra cost

No

Discount available

No

Visit provider

Provider

Budget Direct

Key inclusions
  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $5,000

Option to add fire & theft cover

Yes

Pay monthly at no extra cost

No

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

Bupa

Key inclusions
  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $3,000

Option to add fire & theft cover

Yes

Pay monthly at no extra cost

No

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

Carpeesh

Key inclusions
  • Cover for damage to other people's car or property up to $20 million
Option to add fire & theft cover

No

Pay monthly at no extra cost

No

Discount available

No

Visit provider

Provider

Coles Insurance

Key inclusions
  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $3,000

Option to add fire & theft cover

Yes

Pay monthly at no extra cost

No

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

Commonwealth Bank

Key inclusions
  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $3,000

Option to add fire & theft cover

No

Pay monthly at no extra cost

Yes

Discount available
  • Up to 10% off when you buy a policy online
Visit provider

Provider

Everyday Insurance

Key inclusions
  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $3,000

Option to add fire & theft cover

Yes

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
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Provider

GIO

Key inclusions
  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $5,000

Option to add fire & theft cover

Yes

Pay monthly at no extra cost

No

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

Provider

Goulburn Murray Credit Union (GMCU)

Key inclusions
  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $5,000

Option to add fire & theft cover

No

Pay monthly at no extra cost

No

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

HSBC

Key inclusions
  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $5,000 (third party fire & theft insurance only)

Option to add fire & theft cover

Yes

Pay monthly at no extra cost

Yes

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

Huddle

Key inclusions
  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $3,000

Option to add fire & theft cover

Yes

Pay monthly at no extra cost

No

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

Hume Bank

Key inclusions
  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $5,000

Option to add fire & theft cover

No

Pay monthly at no extra cost

Yes

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

ING

Key inclusions
  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $5,000

Option to add fire & theft cover

No

Pay monthly at no extra cost

No

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

Kogan Insurance

Key inclusions
  • Cover for damage to other people's car or property up to $30 million

  • Cover for uninsured motorist damage of up to $5,000

Option to add fire & theft cover

Yes

Pay monthly at no extra cost

No

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

NAB

Key inclusions
  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $5,000

Option to add fire & theft cover

Yes

Pay monthly at no extra cost

No

Discount available

No

Visit provider

Provider

National Seniors

Key inclusions
  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $5,000

Option to add fire & theft cover

Yes (only available to existing customers)

Pay monthly at no extra cost

Yes

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

NRMA

Key inclusions
  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $5,000

Option to add fire & theft cover

Yes

Pay monthly at no extra cost

No

Discount available

No

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Provider

Oceania Insurance

Key inclusions
  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $5,000

Option to add fire & theft cover

Yes

Pay monthly at no extra cost

No

Discount available

No

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Provider

Over Fifty Insurance

Key inclusions
  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $5,000

Option to add fire & theft cover

No

Pay monthly at no extra cost

Yes

Discount available
  • Up to 10% off your first year’s premium when you buy comprehensive car insurance online
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Provider

Ozicare

Key inclusions
  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $5,000

Option to add fire & theft cover

Yes

Pay monthly at no extra cost

No

Discount available

No

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Provider

PD Insurance

Key inclusions
  • Cover for damage to other people's car or property up to $20 million
Option to add fire & theft cover

Yes

Pay monthly at no extra cost

No

Discount available

No

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Provider

People's Choice

Key inclusions
  • Cover for damage to other people's car or property up to $30 million

  • Cover for uninsured motorist damage of up to $5,000

Option to add fire & theft cover

Yes

Pay monthly at no extra cost

Yes

Discount available

No

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Provider

Qantas Insurance

Key inclusions
  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $5,000

Option to add fire & theft cover

Yes

Pay monthly at no extra cost

No

Discount available
  • Earn Qantas Points for car safety
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Provider

QBE

Key inclusions
  • Cover for damage to other people's car or property up to $30 million

  • Cover for uninsured motorist damage of up to $5,000

Option to add fire & theft cover

Yes

Pay monthly at no extra cost

No

Discount available

No

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Provider

RAA (South Australia only)

Key inclusions
  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $3,000

Option to add fire & theft cover

Yes

Pay monthly at no extra cost

Yes

Discount available
  • Member benefits may apply
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Provider

RACQ (Queensland only)

Key inclusions
  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $5,000

Option to add fire & theft cover

No

Pay monthly at no extra cost

No

Discount available
  • Member benefits may apply
Visit provider

Provider

RACT (Tasmania only)

Key inclusions
  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $5,000

Option to add fire & theft cover

Yes

Pay monthly at no extra cost

No

Discount available
  • Member benefits may apply
Visit provider

Provider

RACV (Victoria only)

Key inclusions
  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $5,000

Option to add fire & theft cover

Yes

Pay monthly at no extra cost

No

Discount available
  • Member benefits may apply
Visit provider

Provider

Real Insurance

Key inclusions
  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $3,000

Option to add fire & theft cover

Yes

Pay monthly at no extra cost

No

Discount available

No

Visit provider

Provider

Rollin

Key inclusions
  • Cover for damage to other people's car or property up to $20 million
Option to add fire & theft cover

Yes

Pay monthly at no extra cost

Monthly only

Discount available

No

Visit provider

Provider

St.George Bank

Key inclusions
  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $5,000

Option to add fire & theft cover

Yes (only available to existing customers)

Pay monthly at no extra cost

Yes

Discount available

No

Visit provider

Provider

Suncorp

Key inclusions
  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $5,000

Option to add fire & theft cover

Yes

Pay monthly at no extra cost

No

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

Provider

TIO (Northern Territory only)

Key inclusions
  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $5,00

Option to add fire & theft cover

Yes

Pay monthly at no extra cost

No

Discount available

No

Visit provider

Provider

Virgin Money

Key inclusions
  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $5,000

Option to add fire & theft cover

Yes

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
  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $5,000

Option to add fire & theft cover

Yes (only available to existing customers)

Pay monthly at no extra cost

Yes

Discount available

No

Visit provider

Provider

Youi

Key inclusions
  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $5,000

Option to add fire & theft cover

Yes

Pay monthly at no extra cost

No

Discount available

No

Visit provider
ProviderKey inclusionsOption to add fire & theft coverPay monthly at no extra costDiscount availableVisit provider

1st for Women

  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $5,000

Yes

No

  • Drivers over 25 may be eligible for a discount

AAMI

  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $5,000

Yes

No

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

AHM

  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $3,000

Yes

No

  • AHM & Medibank health members get 10% off

Allianz

  • Cover for damage to other people's car or property up to $20 million

No

Yes

No

ANZ

  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $5,000

Yes

Yes

No

Apia

  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $5,000

Yes

No

No

Australian Seniors

  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $3,000

Yes

No

  • Up to 5% off for seniors card discount holders

Australia Post

  • Cover for damage to other people's car or property up to $30 million

  • Cover for uninsured motorist damage of up to $5,000

Yes

No

No

Bank of Melbourne

  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $5,000

Yes

Yes

No

BankSA

  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $5,000

Yes

Yes

No

Bankwest

  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $5,000

Yes

Yes

No

Bendigo Bank

  • Cover for damage to other people's car or property up to $30 million

  • Cover for uninsured motorist damage of up to $5,000

Yes

Yes

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

Beyond Bank

  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $5,000

No

No

No

Bingle

  • Cover for damage to other people's car or property up to $20 million

No

No

No

Budget Direct

  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $5,000

Yes

No

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

Bupa

  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $3,000

Yes

No

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

Carpeesh

  • Cover for damage to other people's car or property up to $20 million

No

No

No

Coles Insurance

  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $3,000

Yes

No

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

Commonwealth Bank

  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $3,000

No

Yes

  • Up to 10% off when you buy a policy online

Everyday Insurance

  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $3,000

Yes

No

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

GIO

  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $5,000

Yes

No

  • Up to 10% online & multi-policy discount

Goulburn Murray Credit Union (GMCU)

  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $5,000

No

No

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

HSBC

  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $5,000 (third party fire & theft insurance only)

Yes

Yes

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

Huddle

  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $3,000

Yes

No

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

Hume Bank

  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $5,000

No

Yes

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

ING

  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $5,000

No

No

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

Kogan Insurance

  • Cover for damage to other people's car or property up to $30 million

  • Cover for uninsured motorist damage of up to $5,000

Yes

No

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

NAB

  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $5,000

Yes

No

No

National Seniors

  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $5,000

Yes (only available to existing customers)

Yes

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

NRMA

  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $5,000

Yes

No

No

Oceania Insurance

  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $5,000

Yes

No

No

Over Fifty Insurance

  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $5,000

No

Yes

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

Ozicare

  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $5,000

Yes

No

No

PD Insurance

  • Cover for damage to other people's car or property up to $20 million

Yes

No

No

People's Choice

  • Cover for damage to other people's car or property up to $30 million

  • Cover for uninsured motorist damage of up to $5,000

Yes

Yes

No

Qantas Insurance

  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $5,000

Yes

No

  • Earn Qantas Points for car safety

QBE

  • Cover for damage to other people's car or property up to $30 million

  • Cover for uninsured motorist damage of up to $5,000

Yes

No

No

RAA (South Australia only)

  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $3,000

Yes

Yes

  • Member benefits may apply

RACQ (Queensland only)

  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $5,000

No

No

  • Member benefits may apply

RACT (Tasmania only)

  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $5,000

Yes

No

  • Member benefits may apply

RACV (Victoria only)

  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $5,000

Yes

No

  • Member benefits may apply

Real Insurance

  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $3,000

Yes

No

No

Rollin

  • Cover for damage to other people's car or property up to $20 million

Yes

Monthly only

No

St.George Bank

  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $5,000

Yes (only available to existing customers)

Yes

No

Suncorp

  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $5,000

Yes

No

  • Up to 10% multi-policy discount

TIO (Northern Territory only)

  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $5,00

Yes

No

No

Virgin Money

  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $5,000

Yes

No

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

Westpac

  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $5,000

Yes (only available to existing customers)

Yes

No

Youi

  • Cover for damage to other people's car or property up to $20 million

  • Cover for uninsured motorist damage of up to $5,000

Yes

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 third party car insurance providers in Australia, we cannot guarantee that all providers are shown.

What is third party car insurance?

Third party car insurance or third party liability insurance is typically included as part of comprehensive car insurance policies, or available as a standalone policy. It covers your legal liability for loss or damage to someone else’s car or property caused by your vehicle.

It’s different from Compulsory Third Party (CTP) insurance which is compulsory for all vehicles registered in Australia.

Third party car insurance doesn’t cover accidental damage to your own car or property. For that, you’ll need a higher level of car insurance.

What’s covered by third party car insurance?

Third party car insurance is available in two levels of cover:

1. Third party property only

Third party car insurance (also known as third party property only) covers:

  • Your legal liability for loss or damage to other people's vehicles and property in an accident if you’re at fault
  • Associated legal costs from any ensuing court proceedings (if any)
  • Damage to your car or property caused by an insured driver at fault
  • Third party property damage caused by caravans and trailers towed by your car.

2. Third party property, fire and theft (optional upgrade)

Third party property, fire and theft is an optional higher level of cover that provides all the benefits of third party property only, plus additional cover for:

  • Loss or damage to your car caused by fire, theft or attempted theft
  • A hire car if your vehicle is stolen or damaged in a fire or theft incident
  • Towing costs if your car is stolen or damaged in a fire or theft
  • Costs for vehicle debris removal from the accident site

Including fire and theft cover comes at an additional premium beyond what you’ll pay for a third party property only policy.

What’s not covered by third party car insurance?

  • Accidental damage to your own car if you’re at fault (this is typically covered under comprehensive policies)
  • Windscreen, sunroof or glass damage as a result of an accident
  • Injuries to you or other people (this is covered under CTP insurance)
  • Storm, hail, flood or other weather-related damage
  • Damage or theft of personal effects in your car
  • Emergency repairs and hire costs

Refer to the insurer’s Product Disclosure Statement (PDS) for the full list of inclusions and exclusions.

How much does third party car insurance cost?

The cost of third party car insurance will depend on several factors including:

  • Your level of cover: Your policy cost will vary depending on whether it’s included in comprehensive car insurance or purchased as a standalone cover.
  • Optional extras: You will generally pay an additional premium if you choose to add fire and theft cover to your policy.
  • Your policy excess: Increasing your excess can lower your premium and vice versa. Most insurers allow you to adjust your excess to increase or decrease your premium.
  • Your age: Young drivers under 25 generally pay a higher car insurance premium as they’re statistically more likely to have a road accident than experienced drivers. You may also pay an additional premium if you have a learner driver listed on your policy.
  • Your driving history: You may pay a higher premium if you’ve made recent claims for at-fault accidents. Some policies offer a no-claim bonus to drivers who haven’t made an at-fault claim in the last 3-5 years.
  • Your car’s age, make and model: Car insurance premiums also vary depending on your car's make, model, age and condition. For example, a newer car would typically cost the insurer more to replace than an older vehicle; therefore, you may pay a higher premium.
  • Where your car is usually parked: You’ll generally pay a lower premium if your car is parked in a secure spot like a garage or within the boundary of your property instead of on the street or in a public car park. This would only impact your comprehensive cover costs as third party property only doesn't offer benefits for theft or weather damage.
  • Your choice of provider: The cost of third party car insurance will vary between providers as they assess risk differently and have their own underwriting guidelines. It’s important to compare various cover options from before deciding on a policy.

Third party car insurance cost comparison among popular providers in Australia

Standalone third party car insurance can cost between $25-55 per month, based on analysis of a selection of quotes obtained by Money.com.au. It’s one of the cheapest types of car insurance available. This is an example showing the cost difference of third party car insurance from selected providers and is not an indication of how much you would pay. Cost comparison is based on quotes obtained from specified providers for a 30-year old female driver in QLD driving a 2019 Mitsubishi ASX (private use), with no previous claims and no driver under 25 on the policy.

Insurance provider

Youi

Third party property only (monthly premium)

$24.56

Third party property, fire and theft (monthly premium)

$34.74

Insurance provider

AAMI

Third party property only (monthly premium)

$31.66

Third party property, fire and theft (monthly premium)

$33.06

Insurance provider

Suncorp Insurance

Third party property only (monthly premium)

$35.49

Third party property, fire and theft (monthly premium)

$38.38

Insurance provider

QBE

Third party property only (monthly premium)

$34.12

Third party property, fire and theft (monthly premium)

$52.80

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

Youi

$24.56

$34.74

AAMI

$31.66

$33.06

Suncorp Insurance

$35.49

$38.38

QBE

$34.12

$52.80

Quotes obtained on 3 January 2024.

How to save money on third party car insurance

1

Increase your excess

Most insurers allow you to increase your excess to reduce your premium. A higher excess means you'll pay more if you make a claim but less in monthly/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

Review your insurance policy

Consider whether you really need a standalone third party car insurance or if your comprehensive car insurance already has adequate legal liability coverage. Ensure your policy includes cover for damage caused by an uninsured driver as not all do.

4

Buy your car insurance online

Some insurers offer a discount when you buy a comprehensive car insurance policy (with third party property cover included) directly via their website.

What’s the difference between third party car insurance and CTP?

Third party car insurance only covers the policyholder for the cost of damage they cause to other people's vehicles or property in an accident. It does not cover your liability for injuries to third parties.

On the other hand, Compulsory Third Party Insurance (CTP), also known as Green Slip Insurance in New South Wales, covers your liability and that of anyone else who drives your vehicle for third party injuries or death in a crash involving your vehicle. It does not cover accidental damage to other people's property.

What’s the difference between third party car insurance and comprehensive car insurance?

Third party car insurance only covers damage you cause to someone else’s vehicle and property. On the other hand, comprehensive car insurance provides cover for a wider range of insured events, including loss or damage to your own car in an accident (regardless of who’s at fault) and car damage from theft and weather events like fire, hail, and storms.

Comprehensive car insurance offers additional benefits and features that are not available with any other level of cover, including new for old replacement if your car is written off in an accident or stolen or the choice of replacement for market value or agreed value.

Example of third party car insurance policy benefits vs other car insurance

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 after an accident

Comprehensive car insurance

Yes (optional)

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

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

No

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

Uninsured motorist damage

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 after an accident

Yes (optional)

No

No

Hire car following theft

Yes

Yes

No

New car replacement

Yes

No

No

Personal effects replacement

Yes

No

No

Repair guarantee

Yes

Yes

Yes

Replacement of keys

Yes

No

No

Towing costs

Yes

Yes

No

Trailer

Yes

No

No

Uninsured motorist damage

Yes

Yes

Yes

Source: Suncorp Insurance & AAMI.

Does third party car insurance have an excess?

Yes, you may have to pay an excess (an out-of-pocket sum) if you claim under your third party car insurance policy. It will depend on the circumstances of the incident and which driver was at fault. You may pay a basic excess on top of any other excess applicable with your comprehensive car insurance (if you have a separate policy), according to Youi.

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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