3rd Party Insurance

As 3rd party insurance the cheapest and most basic form of insurance cover it is important you know what you are really covered for.

What is 3rd party insurance?

By having 3rd party insurance the insured diver is protected against a demand for the cost of accidental damage to another’s property.

Competitive 3rd party insurance quote

It is definitely worth your while getting a quick 3rd party insurance quote.

Natloans has full accreditation with some of the largest insurance companies in Australia. Our highly trained staff will find the best solution to meet your needs.

How does 3rd party insurance work?

By insuring yourself with 3rd party insurance, if the brakes aren’t what they used to be and your 10 year old magna rear ends a new Mercedes E Class you won't have to fork out thousands of dollars to pay for the repairs to the other car because you have 3rd party insurance.

When you are insured with 3rd party insurance you have liability cover for damage to the other people’s car or property. Usually 3rd party insurance ranges between $5 million and $20 million depending on the underwriter.

Compulsory third party insurance is what you pay as part of your registration fees which covers you against any injury or medical claims if you are at fault in an accident. Like it says, it is compulsory and you don’t have any choice in paying this but it does make sence to have 3rd party insurance.

It all sounds fairly simple but with over 100 insurance companies offering comprehensive automotive coverage in Australia, there is a vast difference in what is covered, conditions of repair and replacement and extra features not to mention premiums from one policy to the next.

You can apply for a free 3rd party insurance quote today. Happy safe motoring.