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Compare third party car insurance

Our researchers gathered 200+ third party property damage quotes from 20 different insurers to help you compare your options.

Budget Direct Third Party Property Only

Budget Direct Third Party Property Only logo image
Promoted
  • Get a 15%* online discount
  • 24/7 Claims
  • Legal liability cover - up to $20m
  • Uninsured driver damage cover - up to $5k
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*First year's premium for a new policy. T&Cs apply.

Third party property damage car insurance comparison

1 - 6 of 6
Name Product Accidental damage Damage To Other People's Car Fire and theft Roadside Assistance Legal Liability
Budget Direct Third Party Property Only
Optional add-on
$20,000,000
⭐ Current offer: Save 15% on your first year's premium when you purchase a new policy online. T&Cs apply.

Who it might be good for: Drivers who only want cover for damage to another person’s vehicle and up to 15% off your first year.
Youi Third Party Property Damage
$20,000,000
⭐ Current offer: Covered up to $5,000 for accidental damage to your car caused by an uninsured third party.

Who it might be good for: Drivers who want a reliable insurer. It was the 2022 Insurer of the Year for Customer Satisfaction.
QBE Third Party Property Damage
Optional
$30,000,000
Who it might be good for: Drivers who want a relatively cheap policy and a more environmentally-friendly brand – QBE was the 2022 Finder Green award winner.
Bingle Third Party Property Damage
$20,000,000
Who it might be good for: Drivers who want a cheap policy and cover for damage to other people’s vehicles (but not your own car). It can also cover rideshare drivers.
Qantas Third Party Property Only
Optional add-on
Up to $20,000,000
Earn Qantas Points when you sign up. T&Cs apply.
Kogan Third Party Property Damage
Optional
$30,000,000
⭐ Current offer: Policyholders are entitled to $10 off Kogan.com per month on purchases over $100.

Who it might be good for: Drivers who want a no-frills policy with some legal liability cover and up to $5,000 for damage caused by an uninsured driver. Keep an eye out for a gift voucher if you buy online.
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What does third party property damage car insurance cover?

Third party

Third party property car insurance

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.

third party, fire and theft

Third party, fire and theft car insurance

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.

Our picks

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.

Why you can trust our research

20 third party car insurance policies analysed

225+ prices gathered

100+ hours of research

Great for price: Allianz third party property damage car insurance

Allianz car insurance logo

Our verdict

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.

Gary Ross Hunter
Selected by Gary Ross Hunter – car insurance specialist
More info

Great for value: Budget Direct third party property damage car insurance

Budget Direct car insurance

Our verdict

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.

Gary Ross Hunter
Selected by Gary Ross Hunter – car insurance specialist
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How to find the best third party coverage for you

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.

Pro tip: "To find the best deal, be really clear on the cover you want and compare 4–5 different options", says Finder's head of editorial Sarah Megginson.

2. Choose a higher excess

Your insurer will offer you a lower premium in return.

Pro tip: We researched 20 third party policies. Allianz, Budget Direct and Virgin were the 3 cheapest and come with variable excess options.

3. Restrict drivers

You can get a cheaper car insurance policy by restricting your policy to drivers over a certain age.

Pro tip: Budget Direct has the biggest range of age restriction options of any major insurer: 21+, 25+, 30+, 40+ or 50+.

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.

Pro tip: Insurers including Budget Direct, Youi, QBE and Kogan all offer this feature. Bingle and Allianz do not.

5. Discounts

Sign-up discounts can be a good way to pay less. Just make sure the policy is still the right fit for you.

Pro tip: 39% of Aussies auto-renew their car insurance. Insurers often jack prices up significantly after the first year. To save, compare every 12 months.

Is third party car insurance worth it?

Could be good if you:

  • Have a low-value car. For example, if it's worth under $10,000. Sometimes it is not economically viable to insure for comprehensive, especially for lower value cars, or drivers with a higher excess (usually younger drivers).
  • It's all you can afford right now. Our research shows third party is more than half the price of a comprehensive policy.
  • Want more than the bare minimum (CTP) which only covers injuries to people. "I like knowing I'm covered for the costs of their repairs" says finance specialist Nicole Pedersen-McKinnon, "Even if I collide with a Maserati".

Might not be good if you:

  • Own an expensive car. You could be thousands out of pocket if it was damaged.
  • Rely on your car. Could you afford to replace it if was written off?
  • Live in a high-risk area, e.g theft or weather events – in which case, consider third party fire & theft or comprehensive insurance instead.

Frequently asked questions

Car insurance: Key terms to know

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.

More guides on Finder

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4 Responses

    Default Gravatar
    RyanSeptember 19, 2023

    Hello, I have an at fault claim from nearly 4 years ago, a driving under the influence of drugs charge for which I lost my licence for 6 months approx 3 years ago plus I have a criminal record for drug charges… Can you help me weed through the options, if any, available to me to take out a policy?

    Default Gravatar
    DANMay 26, 2023

    I’m interested in looking at car insurance which allows for some rideshare work. Can you provide a list?

      AvatarFinder
      JamesJune 6, 2023Finder

      Hi Dan,

      Thanks for the message. You can head to our guide to rideshare insurance here. More than a dozen providers offer some coverage for rideshare drivers.

      Best,

      James

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