Need third party car insurance? Consider a policy from Budget Direct.
If you're mainly concerned about the potential damage your vehicle could cause to someone else's property, it might be worthwhile to consider a third party car insurance policy from Budget Direct.
What does Budget Third Party Car Insurance cover?
Budget Direct Third Party, Fire and Theft Insurance offers the following benefits:
- Fire and theft cover. If your car is stolen or catches fire, your policy provides cover for the resulting loss or damage. Cover is provided for your car up to a maximum market value of $20,000.
- Hire car after theft. If your car is stolen, Budget Direct Third Party, Fire and Theft Insurance provides up to $1,000 cover for the cost of a hire car for up to 14 days. This is designed to help you keep moving even when your own vehicle is out of action.
- Recovery, towing and storage costs. If your car is unsafe to drive after catching fire or after being stolen and recovered, your policy covers the cost of recovery, towing and storage of your vehicle.
- Up to $20 million legal liability cover. If you’re held legally liable when your car causes accidental damage to someone else’s property, Budget Direct provides up to $20 million of legal liability cover.
- Up to $3,000 cover for uninsured motorist damage. If you’re involved in a no-fault accident with an uninsured motorist, the insurer provides $3,000 cover for any loss or damage to your car.
- Recovery, towing and storage costs. These costs are also covered if you’re involved in a no-fault accident with an uninsured motorist and the damage your car suffers means that it is unsafe to drive.
|Benefit||Third Party Property||Third Party Fire & Theft|
|Legal liability cover|
|Approved legal costs|
|Damage caused by uninsured drivers|
|Damage caused by fire|
|Loss or damage caused by theft|
|Hire car after theft|
|Lifetime guarantee on authorised repaires|
What additional options should I consider?
- Restricted drivers. If you want to save money on your Budget Direct Third Party Car Insurance premiums, you can restrict cover under your policy to drivers who are over a certain age. You can restrict cover to drivers over the age of 21, 25, 30 or 40 to receive a reduced premium, but this means you will not receive any cover if your vehicle is being driven by anyone under the restricted age limit.
Who is eligible for Budget Third Party Car Insurance?
Budget Direct Third Party Car Insurance is designed for cars with a lower market value which may not be worth insuring under Comprehensive Cover. It covers your vehicle for liability and some loss or damage incurred in Australia only.
However, there are some situations and circumstances when you will not be eligible for cover, such as if:
- It is used to carry passengers or other people’s goods for payment
- It is used to provide driving tuition for payment
- You hire your car to other people
Check the PDS for the full conditions of cover and to decide whether Budget Direct Third Party Car Insurance is right for you.
Are there any exclusions to be aware of?
Your Budget Third Party Car Insurance claim will not be paid if:
- Your car was being driven by any household member not listed on your certificate of insurance
- Your car was being driven by anyone specifically excluded from cover
- It is for loss or damage arising from the attempted theft of your vehicle
- It is for loss or damage caused by storm, flood, vandalism and accidental damage (these events are covered by comprehensive car insurance)
- Your car was being used for any unlawful purpose
- Your car was being used in racing, trials or rallies
- Your car was being used in connection with the motor trade (except for repairing or servicing)
- Your car was being used to carry passengers or other people’s goods for payment
- Your car was being driven by someone under the influence of alcohol or drugs
- Your car was being driven in an unsafe, unroadworthy or overloaded condition
- Your car was being used to carry explosive, flammable or toxic goods either unlawfully or for business purposes
- You don’t go with the car when it is shown for sale and it is stolen
- It is for tyre damage caused by punctures, bursts or cuts
- The person driving your vehicle did not stay at the scene of an accident when they were required by law to do so
- It is for any reduction in the value of your car following repair
- It is for any consequential loss
- It is caused by wear and tear, abuse, corrosion, rust or depreciation
- It is caused by mechanical, structural or electrical malfunction, breakdown or failure
- It arises due to an incident that occurs outside Australia
- It is for loss, damage or liability that is deliberately caused by any insured person, or anyone acting on their behalf
- It is caused by the lawful repossession or confiscation of your vehicle
- Your car has been modified without the insurer’s agreement
- It arises because you use the wrong type of fuel
What other things should I be aware of?
21-day cooling-off period
Budget Direct Third Party Property Insurance and Third Party Property, Fire and Theft Insurance policies both come with a 21-day cooling-off period. This means that if you change your mind about cover and cancel your policy within the first 21 days, you will be eligible for a full refund.
24/7 claims service
Budget Direct offers a convenient and quick claims process. If you need to make a claim under your policy, you can do so 24 hours a day, 7 days a week. Claims can be made online or over the phone.
Budget Direct Third Party Car Insurance is underwritten by Auto & General Insurance Company Limited. Auto & General has been underwriting insurance products in Australia since 2000 and internationally it looks after almost 7 million policies and writes more than AUD$2 billion in premiums annually.
Flexible premium payment options
The premiums for your Budget Direct Third Party Car Insurance can be paid annually or in instalments. You can by your premium by setting up a direct debit from your nominated bank account or credit card, or online via PayPal. You can pay fortnightly, monthly or annually, but paying fortnightly or monthly will incur an additional fee.
The excess is the amount you are required to pay towards your claim. The basic excesses applies to all claims, but you can vary your excess amount if you would like to adjust your premium. An additional excess will also apply in any of the following situations:
- Your car was being driven by someone under 21 years of age
- Your car was being driven by someone aged 21 to 24 (inclusive)
- The driver of your car had not held a full Australian licence for at least two years
- Your car was being driven by someone not listed as a driver on your certificate of insurance
Choose your own repairer
If you have someone in mind to repair your vehicle, Budget Direct gives you the freedom to choose your own repairer.
Lifetime repair guarantee
The insurer guarantees all authorised repairs to your vehicle for as long as you own the car. This guarantee covers the spare parts and workmanship.