What is motor insurance?
Motor insurance can cover your motor vehicle against accidental damage and theft. It can also protect you from the financial costs of repairing or replacing another person’s vehicle caused by an accident where you’re at fault. With a motor insurance policy, you can choose to insure your car for an agreed amount, or for the market value of your vehicle- up to $150,000. Above $150,000 will be considered on referral

While 99% of Australians claim to be safe road users, 71% admit to breaking road laws".
Australian Road Safety Foundation, 2022

Who should consider it?
If your car is damaged in an accident or stolen, comprehensive motor insurance pays for repairs to your vehicle – or replacement costs if your car is written off. Third party property damage (TPPD) insurance – covers the costs you may be liable to pay if you are at fault and damage someone else’s car. Third Party Property Damage insurance can be purchased as part of a comprehensive cover or as a standalone policy. However, if you only have standalone cover, there's no cover for any damage to your own car.

What usually isn't covered?
Each policy is different, but generally you won’t be covered if the vehicle is:

Being driven by an unlicensed driver unless you did not know that the driver was unlicenced.
Being driven by you or any other person while under the influence of any drug or alcohol unless you did not know that the driver was affected.
Being used in any motor sport or time trial.

Exclusions, the excess you need to pay, and limits of liability can vary greatly depending on the nature of the product you are purchasing, the associated risk and the insurer