If you’ve just bought a vehicle, you might be shopping around for car insurance. With many cover options available, it’s sometimes difficult to choose what kind of protection you need. Did you know that the age of your car and the way you use it can affect your premium? If you’re not sure where to start, read our guide which may assist you in determining what car insurance might work for you.
Car Insurance is a type of insurance policy you can buy to help mitigate financial costs if you are involved in a car accident. You can insure your car to protect it against damage in an accident, theft, or damage to another person’s vehicle.
Insurance may protect you in the face of an unexpected incident. If you’re driving to work one day and accidentally hit another person’s vehicle, you could be liable to pay a lot of money to cover the damage if you’re uninsured.
Compulsory Third Party Car Insurance (CTP)> is mandatory personal injury insurance for you and for anyone who is injured during an accident. It is illegal to drive a car without Compulsory Third Party Insurance. Other types of car insurance include:
Each type of car insurance offers different benefits, limits, exclusions and level of protection. Things that affect the type of Car Insurance and level of cover you might need include:
Assessing these factors should give you a clearer idea of what type of car insurance is most suitable for you.
Woolworths Insurance also offers Drive Less Pay Less cover, which is designed for cars that are driven 15,000km or less per year. It offers all the benefits of Comprehensive insurance, but you only pay for the kilometres you plan to drive.
Woolworths Car Insurance offers flexible cover options for you and your car.
Our Comprehensive car cover provides protection for damage to your car as well as other people's property.
Woolworths Drive Less Pay Less offers cover for cars that are driven 15,000km or less per year.
We cover you for all the benefits of third party property damage along with theft or attempted theft and fire.
Third Party Property Damage cover protects you if you cause damage to another person’s vehicle.
If you're 25 or over, we’ll beat any current comparable Comprehensive renewal notice
We're offering up to 15% off† your policy when you purchase online
Eligible drivers could save up to $235 with Drive Less Pay Less*
Want to learn more about Car Insurance? Take a look at some of our resources below:
# Offer may be withdrawn or varied at any time. Based on comparable Comprehensive cover. Subject to minimum premiums. Savings apply for the first year only. Terms, conditions and eligibility criteria apply. Any other available discounts applied before price beat. Please read the full terms and conditions on our website.
† Up to 15% discount consists of 3 parts: 5% first year discount, 5% off for online applicants (both of these are first year only), and up to 5% off to exclude drivers under 25. Minimum premiums may reduce savings discount. Any part, or all, of the 15% discount offer can be withdrawn at any time.
> CTP Insurance is issued by QBE Insurance (Australia) Limited ABN 78 003 191 035 for whom we act as an agent.
* Savings between $0 to $235 derived from premium comparisons between Woolworths Comprehensive cover option and Drive Less Pay Less option. Calculations based on profiles of existing Woolworths Car insurance customers who advised they drive under 15,000 km annually. Current as at 30 June 2020. Actual savings are determined by your individual circumstances, including the kilometres selected, excess chosen and other risk factors. Minimum premiums may reduce savings. Kilometres can be increased during the policy period, an additional premium is payable. In event of accident and end odometer reading exceeded, additional excess applied.
Benefits are subject to the terms and conditions including the limits and exclusions of the insurance policy. Any advice provided is general only and may not be right for you. Before you purchase this product you should carefully read the Car Insurance Product Disclosure Statement and consider the Target Market Determination to decide if it is right for you.