Essentially Third Party, Fire and Theft insurance is the same as Third Party, insurance, except with Third Party, Fire and Theft you have the additional protection that in the event your car is vandalised, burnt as a result of engine failure or someone steels your motor vehicle you are covered.
If you are in a crash however, with 3rd party fire and theft insurance you still have to pick up the tab for repairs to your own vehicle.
Third party, fire and theft insurance benefits people who have bought a second hand car. The most expensive component when repairing your car is the cost of the labor. While the parts are easily resourced and the cost is relatively low the cost associated with labor is high. This is where third party, fire and theft insurance will cover you.
Australia has over 100 insurance companies who are all offering 3rd party fire and theft insurance.
One of the important point to note is that the premium price of 3rd party, insurance compared to third party, fire and theft insurance is not very different. And you have additional benefits of being cover if your car is burnt, vandalised or stolen. Apply for third party, fire and theft insurance.
Full Comprehensive
Additional protection in the event your car is vandalised, burnt or stolen.
3rd Party Fire & Theft
Additional protection in the event your car is vandalised, burnt or stolen.
3rd Party
Additional protection in the event your car is vandalised, burnt or stolen.
Shortfall (Gap Cover)
Additional protection in the event your car is vandalised, burnt or stolen.
Loan Protection
Additional protection in the event your car is vandalised, burnt or stolen.
Cash Benefit Insurance
Additional protection in the event your car is vandalised, burnt or stolen.
Extended Warranty
Additional protection in the event your car is vandalised, burnt or stolen.