It's up to you how you want to insure your car, but you are
required by law to have a minimum level.
Types of car insurance
Compulsory third party ('third
This level of insurance is the compulsory
minimum, which you are required to pay along with your vehicle
registration. It covers only the cost of personal injury to other
people if you are at fault in an accident (medical bills, for
Third party property damage ('third party
This level of insurance covers the cost of any damage you cause to
someone else's vehicle or property (e.g. repairs to a car, bike or
Third party property damage, fire and theft ('fire and
This offers the same over as third party property insurance, but
also includes the cost of fire damage and replacement of your
vehicle if stolen.
Full cover motor vehicle
Comprehensive insurance offers the greatest financial protection,
covering the cost of most things that can happen to your vehicle
and to other parties involved. Costs and conditions vary between
insurance companies and policies.
Car Insurance companies
There are many car insurance companies to choose from –
comparing the different policies can save you money and help you
find insurance that suits your situation. All state automobile
clubs (NRMA, RACV, RACQ, RAASA, RACWA, RACT and AANT) offer vehicle
insurance – some even offer reduced insurance rates to members.