Questions about car insurance

[zenny]

Hi,

Im abit confused after reading some of the previous post about car insurance. Say the other car was at fault and he has 3rd party insurance but I dont, will I still get paid? and what if I had 3rd party insurance but he doesnt.

[markCivicVti]

3rd party insurance is part of your vehicles rego and it's compulsory. You mean comprehensive.

The answer to your Qs are: Yes. Yes, just identify the driver at fault and you wont have to pay excess.

[tRipitaka]

3rd party insurance is part of your vehicles rego and it's compulsory.


not in victoria

[zenny]

I mean third party property damage insurance not the CTP where is required to get with rego. Im in NSW btw

[SiReal]

not in victoria

really? curious to know why they said CTP insurance when buying a car, as in compulsory third party insurance. e.g. honda sale days provide free CTP insurance. does that only apply to brand new vehicles?

[markCivicVti]

not in victoria

What a splendid place to live in!

That doesn't sound right...

[Zdster]

not in victoria

Correct, although it should be considering that some people are silly enough to drive without insurance. IMHO, if you own a car and drive it on the road you should have third party insurance at an absolute minimum (in fact it may even be law to have it - can someone confirm?)

[markCivicVti]

I mean third party property damage insurance not the CTP where is required to get with rego. Im in NSW btw


third party property damage insurance (almost) = comprehensive insurance.

So I think my answers still apply.

If you were at fault with third party property insurance, your insurer would fix the 'victims' car, but not yours.

[matt]

no they dont, in WA and i believe most states the CTP in ur rego is only to cover personal injury in the event of an accident. im happy to be corrected for other states tho.

if the at fault driver has 3rd party property insurance then ud be covered, thats what it for, but if they only have 3rd party then their car wont get repaired.

if u only have 3rd party coverage and u are at fault, then ur insurance company will repair the other car but not urs.

comprehensive insurance is the only coverage that will repair both parties cars.

[string]

third party property damage insurance = comprehensive insurance.

So I think my answers still apply.
No. Third Party Property is very different to comprehensive.

Compulsary Third Party - i.e. Greenslip
Third Party Property - you can claim damage to other parties in at fault accidents
Comprehensive - you can claim damage to both parties in at fault accidents, or just you if you get hit by an uninsured party

If you get hit without comprehensive, you want to hope they both; a) at least have third party property and, b) are not an arse hole.
If something like this happens, grab every witness you can straight away, and try to get them to sign something saything they are at fault (assuming they are), because whoever is at fauly will be out of pocket for their own repairs, and the majority of dickheads will try to put the blame on you so make sure you get as much evidence as possible.

If they are uninsured you'll go through HELL getting your car fixed. You'll probably just go through a lesser hell getting it fixed anyway; most of the common insurance companies these days are an absolute joke.