:::

Best Car Insurance Australia Information

:::
 




:::

Best Car Insurance Australia Articles

:::

Auto Insurance 101

By Chris Tolamalu

Auto insurance, as the term suggests, is insurance that you can purchase for your vehicle (cars, trucks, SUVs, motorcycles, etc.). It provides protection against losses incurred as a result of vehicle accidents. While the product seems simple, there are many different types of auto insurance policies available for purchase. Depending on the policy that you choose, your coverage levels and types will vary. Broadly speaking, these are the types of auto insurance programs on the market today:

Coverage:

• ‘Comprehensive coverage’ (Comp) – This kind of insurance insures your vehicle against the cost of purchasing a new vehicle if it is stolen or destroyed in a fire.

• ‘Collision coverage’ (Coll) – This kind of insurance insures your vehicle against the cost of repairing the vehicle following an accident or the cost of purchasing a new vehicle if it is damaged in an accident beyond economic repair.

Protection:

• Personal Injury Protection (PIP) - This insures against the cost of medical expenses and lost wages related to the use, ownership or maintenance of a motor vehicle. This insurance is mandatory in some U.S. states.

• Medical Payments (MP) - insures against the cost of medical expenses for bodily injury sustained in an accident beyond any expenses that may be covered by PIP.

• Legal liability claims against the driver or owner of the vehicle following the vehicle causing damage or injury to a third party.

While ‘Liability insurance’ covers only legal liability, ‘comprehensive insurance’ covers PIP, MP, as well as legal liability. In the United States, liability insurance covers claims against the policyholder and any other operator of the insured’s vehicle. If, however, any other operators live at the same address, they must specifically be covered on the policy. For rented vehicles, most rental car companies offer insurance to cover damage to the rental vehicle.

While comprehensive insurance covers most aspects of damage which can affect the car itself or the driver, there is one risk associated with buying a new car is not covered even by comprehensive insurance – once the car is bought, there is a sharp decline in its value. During this period (immediately after a car is bought), in which the remaining car payments exceed the value of the vehicle and thus the compensation the insurer will pay for a ‘totaled’ (destroyed, or written-off) vehicle, customers may consider purchasing ‘GAP insurance’. GAP insurance was established in the early 1980's to provide protection to consumers based on buying and market trends.

Free Quote Best Car Insurance Australia


:::

Best Car Insurance Australia Featured Resources

:::


SEARCH RESULTS

Annuities: The Shocking Secrets Revealed
Discover The Shocking Secrets That Banks And Insurance Companies Don't Want You To Know.

Insurance Leads Generation
Generate Quality New Leads At A Fraction Of The Cost Of Offline Marketing.

Car Auction
From The Gov-Records.com Team!

State Car Auctions
Local Seized Cars and Real Estate Auction Listings


:::

Best Car Insurance Australia News

:::


RAC Insurance continues ?We promise to do the right thing by you? positioning in new campaign
RAC Insurance is pushing out a new campaign which continues its ?We promise to do the right thing by you? positioning introduced last year. The campaign, created by JWT Perth, sees a young dad discover his little boy?s painting fun ? all over the side of his car. RAC Insurance manager of marketing and member relationship [?] The post RAC Insurance continues ?We promise to do the right thing by ...

BEST OF THE WEEK: A sceptical journalist goes to sea with the New Zealand Navy (WITH VIDEOS!)
read more

Hertz Celebrates Three Years Of Industry-Leading Gold Plus Rewards Program
NAPLES, Fla., Sept. 2, 2014 /PRNewswire/ -- Hertz (HTZ) is celebrating the three year anniversary of its award-winning Hertz Gold Plus Rewards® customer loyalty program and unveiling enhanced member benefits. Over the past year alone, the industry-leading loyalty program earned top honors for Best Rewards Program and Best Overall Benefits from FlyerTalk.com, and the 2013 COLLOQUY Loyalty Award ...

Ratehacker: September's Best Credit Card, Bank And Home Loan Deals
In our monthly Ratehacker round-up, Jeremy Cabral from finance comparison site finder.com.au highlights recent credit card offer changes, plus the best savings accounts and home loans. More »          

The no. 1 driver of property price growth
If you cornered me and asked me ?out of all the factors that influence property prices - what is the number 1 driver of capital growth? ? I?d have to say affordability.

Who do 'free' financial planners really help - you or banks?
CONFLICTS of interest are rife in the wealth management sector and no financial advice is ever "free", according former Lismore councillor and finance journalist, David Tomlinson.

Markets Live: BHP spikes on demerger
Shares rise, posting their biggest weekly gain since February, with BHP boosted by demerger talk and Telstra rallying again.

Markets Live: BHP spikes on demerger idea
Shares march higher after Wall St gained overnight, despite ANZ falling on a soft quarterly earnings update.

Markets Live: BHP spikes on demerger plan
Shares march higher, with BHP boosted by demerger talk and Telstra rallying again, while ANZ falls after an underwhelming earnings update.

Markets Live: Aitken downgrades Telstra
Shares march higher after Wall St gained overnight, despite ANZ falling on a soft quarterly earnings update.


:::

Best Car Insurance Australia Blogs

:::



Google


 

Best Sellers from



GatorDocs

Lighting 2 Light Bulbs



Want to Link to Us?

Link to CarInsuranceHunter.com