Budget Direct Third Party Property Only
- Get a 15%* online discount
- 24/7 Claims
- Legal liability cover - up to $20m
- Uninsured driver damage cover - up to $5k
Budget Direct Third Party Property Only
Third party property car insurance covers you for damage to other people's property – for example someone else's car, home or shop. It covers only this and nothing else, up to a certain limit (commonly $20 million). This type of policy adds an additional layer of protection over the bare minimum compulsory third party insurance, and prevents you from having to be out of pocket for potentially enormous bills if you hit something expensive.
This is a step up from third party property insurance. In addition to covering you for costs if you damage someone else's property, it can pay to repair or replace your car if it's damaged by fire or stolen. However, it still doesn't cover you for damage done to your own car – only comprehensive car insurance covers you for this.
If you've opted for third party property damage car insurance over comprehensive cover, you probably just want a cheap insurer that has a good reputation. To help you find one, our insurance team collected 225+ third party property damage quotes from 20 popular providers, including those not currently available on Finder.
We've hand-picked 2 based on price, features and complaints data. Both of the picks cover you for accidental damage your car causes to other people's property, including their vehicles.
Allianz is unlikely to be beaten on price. How do we know that? Our team got 227 third party car insurance quotes across 20 popular providers. Allianz was the cheapest. On average, a policy costs $31 a month, making it cheaper than Budget Direct ($37), NRMA ($46) and AAMI ($48). It covers damage to other people's cars, has a comparatively good complaints record and anyone who drives your car is covered. The downside is that there's no cover for accidental damage to your car caused by an uninsured third party – others offer this.
Budget Direct was the second cheapest third party policy, according to our research. To be exact, it was only $5.60 more a year than Allianz. But it also covers your car for damage caused by an uninsured driver, up to $5,000. That's in addition to cover for damage to other people's property, including their vehicle, which seems like pretty great value to us.
1. Compare quotes
Most third party car insurance policies are very similar so price is an important factor. If you think you're paying too much, compare car insurance policies to find a better deal.
2. Choose a higher excess
Your insurer will offer you a lower premium in return.
3. Restrict drivers
You can get a cheaper car insurance policy by restricting your policy to drivers over a certain age.
4. Uninsured motorist damage
Some third party policies cover damage to your own car caused by an uninsured driver. The cap is usually $5,000 but will vary between insurers.
Sign-up discounts can be a good way to pay less. Just make sure the policy is still the right fit for you.
Could be good if you:
Might not be good if you:
Here's a summary of common definitions you'll see with car insurance. Plus what they actually mean to help you while you're comparing.
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