There are no excuses for inadequate car insurance cover any more!
There is a common misconception in Australia, that the CTP or Compulsory Third Party Insurance which is part of the vehicle registration all car owners must pay for means that you do not need to purchase separate insurance. Many believe –wrongly- that CTP covers them for damage to other vehicles and public property, when in actual fact it only covers the driver of the offending vehicle for bodily damage or the death of another human being – whether it be a pedestrian, the driver of another vehicle or motor cycle, or a passenger in their own vehicle. There is no cover or compensation to their own vehicle or the vehicles or property of others, for drivers who rely solely on CTP for their vehicle insurance. Purchasing separate car insurance is essential to safeguard yourself and others from the, oftentimes extreme costs that can be associated with repairing one or more vehicles and public property, should they be involved in an accident with you.
Once upon a time, organising cheap insurance meant going direct to the bank or to an insurance company, filling out forms, getting a quote or quotes from different companies and then paying a large sum of money on the spot for insurance cover. The onset of call centres made the process much easier for the consumer, allowing the customer to arrange insurance more easily, from the comfort of their own home. Also the ability to pay for insurance on a monthly basis instead of annually in one large sum, made insurance a more accessible product for people to be able to arrange and afford.
The internet has taken the ease and accessibility of products like insurance to a whole new level, allowing customers to compare insurance products online, obtaining a quote or quotes, and arranging their policy direct from the insurer via their website. The insurance buyer is able to research and compare the cheapest deals available in Australia, and research policy inclusions in their own time and at their own pace.
This new and exciting way to purchase car insurance cover, is one of the many incentives for the consumer to buy the product. Apart from the peace of mind that almost any eventuality that may occur, is covered by your insurer and you would only have to shoulder the excess, as far as out of pocket expenses go, the consumer can feel safe in the knowledge that they were able to do their own research and find the right car insurance product for themselves and their family.
Purchasing car insurance online in Australia has never been easier than it is today, so there is no reason or excuse to rely only on CTP insurance any longer. Bite-sized manageable repayments for your car insurance cover only adds to the incentive to make the purchase. Fully comprehensive cover can be as little as $50 per month, depending on the type of car, the age of the driver and other factors. A monthly amount direct debited from your bank account is the simplest and most affordable way to get the all important comprehensive car insurance cover that your family needs.