Car insurance in Australia is a service which includes coverage against damage to the insured car .Car insurance in Australia is meant to protect you and your vehicle. It helps you get back on the road after an accident, or if someone crashes into it without your consent.
What is Car insurance?
Car insurance is a type of financial protection that pays for damage to your vehicle if it’s involved in an accident with another vehicle, from other road users or from another object.
How Car insurance in Australia is necessary?
Car insurance in Australia is a necessity for every Australian residents. The car insurance is mandatory for all the people who drive or own their car, whether it’s for business purposes or for pleasure. The car insurance coverage in Australia is given by the respective state and territory governments through their automobile insurance agencies, which may be private or government owned.
Without car insurance, you might face costly charges from your insurance company if you have an accident or get a ticket due to traffic violation. This will hinder the growth of your vehicle and also making you vulnerable to robbers or thieves.
Advantages of Car insurance in Australia
The advantages of having car insurance are numerous:
1) You are protected if your vehicle is damaged or stolen. Without insurance, you may be unable to claim for repairs for minor incidents such as scratches and dents. This can also apply to major incidents such as fire damage or theft.
2) Your insurer will pay for any third party damage caused by your driving – this includes damage caused by other drivers when they rear-end you while they’re distracted or drunk!
3) Your insurer will also pay out if someone causes an accident because they were distracted or drunk behind the wheel at the time of impact with another vehicle (this doesn’t apply if they were in a hit-and-run situation).
Comprehensive Insurance Cover (CIC):
Comprehensive car insurance also covers all your cars and their parts if they are stolen. It also covers any claims from third parties such as people who are injured while driving your car or other people who may suffer an accident while driving on the road with you. Comprehensive car insurance also covers your belongings inside the vehicle so that no one gets into them when they break into your house or steal them from outside your house.