Finding the cheapest third party car insurance Australia has to offer can save you hundreds of dollars each year. Third party property insurance is the most affordable type of car cover available, protecting you against damage you cause to other people’s vehicles and property, without the premium price tag of comprehensive policies.
With dozens of insurers competing for your business, comparing quotes can feel overwhelming. Prices vary significantly between providers, and the cheapest option for one driver might not be the best deal for another based on their age, location, and vehicle type.
At National Cover, we’re motor insurance specialists who believe solid protection shouldn’t drain your wallet. We’ve analysed the market to bring you seven of the most affordable third party options currently available, so you can make an informed choice that fits your budget and driving needs.
1. National Cover
National Cover specialises in motor insurance with a focus on competitive pricing and maximum coverage. As Australian motor insurance specialists, we’ve built our third party property policies around real-world driving needs, whether you’re using your car for private use, rideshare services, or commercial purposes. Our approach combines data-backed pricing research with transparent cover that protects you when accidents happen.
What you get with third party cover
Your National Cover third party policy covers damage you cause to other vehicles and property, including buildings, fences, and roadside infrastructure. If you’re involved in an accident where you’re at fault, the policy pays for repairs to the other party’s car and any property damage up to the policy limit. This includes legal liability for property damage claims made against you.
Beyond basic cover, you get access to our 365-day customer support team who can guide you through the claims process. We provide 24×7 towing services and help coordinate repairs through our network of approved repairers, making the experience less stressful when things go wrong.
How National Cover keeps pricing competitive
We employ ASIC-licensed analysts who research market pricing daily, ensuring our premiums stay competitive across different driver profiles and vehicle types. This smart pricing research means you’re not paying inflated rates based on outdated data or excessive profit margins.
Our price-beat guarantee backs up our commitment to offering the cheapest third party car insurance Australia drivers can find without compromising on claims support.
Flexible payment options let you spread the cost across monthly instalments or save by paying annually upfront. We also offer excess discounts when you use our preferred repairers, which can reduce your out-of-pocket costs if you need to make a claim.
Who National Cover suits best
National Cover works well for budget-conscious drivers who want reliable third party cover without unnecessary extras. If you’re a rideshare driver, taxi operator, or courier delivery driver, our specialised understanding of commercial motor insurance means you get cover tailored to how you actually use your vehicle.
The policies also suit fleet managers looking for consistent pricing across multiple vehicles and young drivers who need affordable cover while building their no-claims history. You’ll benefit most if you value transparent pricing and direct access to knowledgeable support staff.
What to watch for before you buy
Third party property insurance doesn’t cover damage to your own vehicle, so consider whether your car’s value justifies the savings. If you’re driving a newer or high-value car, you might want comprehensive cover instead.
Check the policy excess amounts carefully, as lower premiums sometimes come with higher excesses. Review what’s excluded from cover, particularly if you use your car for business purposes beyond standard commuting. Make sure the policy limits match the potential property damage costs in your area.
How to get a quote fast
Getting a National Cover quote takes about five minutes online. You’ll need your driver licence details, vehicle registration number, and basic information about how you use your car. The system generates an instant price based on your specific circumstances.
Alternatively, call our team directly on 1800 787 311 to discuss your needs and get a tailored quote over the phone. Our advisers can explain different cover options and help you understand which policy structure delivers the best value for your situation.
2. Budget Direct
Budget Direct operates as an online-only insurer, cutting out the middlemen to keep premiums lower. Their third party property insurance offers straightforward cover without the complexity of traditional insurers, making them a popular choice for drivers who want basic protection at competitive rates. The company focuses on digital efficiency, which translates into savings for policyholders.
What you get with third party cover
Budget Direct’s third party property policy covers damage you cause to other people’s vehicles and property, including parked cars, buildings, and roadside fixtures. The policy handles your legal liability for property damage up to the insured amount, protecting you from out-of-pocket expenses when you’re at fault in an accident.
You also receive access to their claims team and a network of repairers across Australia. The policy includes hire car cover after an insured incident (up to policy limits), which helps you maintain mobility while the other party’s vehicle gets repaired. Emergency roadside assistance can be added for an additional premium.
How Budget Direct prices third party policies
Budget Direct’s online-only model removes branch overhead costs, allowing them to offer lower premiums than traditional insurers. Their pricing algorithm considers your driving history, vehicle type, and location to calculate a personalised rate. The system updates regularly based on claims data and market conditions.
By eliminating physical branches and phone-based sales, Budget Direct passes operational savings directly to customers seeking the cheapest third party car insurance Australia offers.
Who Budget Direct suits best
Budget Direct works well for tech-comfortable drivers who prefer managing their insurance online rather than through phone calls or branch visits. If you have a clean driving record and want straightforward third party cover without add-ons, their pricing model typically delivers good value.
What to watch for before you buy
Budget Direct’s digital-first approach means limited phone support compared to traditional insurers. You’ll manage most policy changes and claims through their online portal, which might not suit everyone. Review the excess structure carefully, as standard excesses can be higher than some competitors.
How to get a quote fast
Visit Budget Direct’s website and complete their online quote form, which takes roughly five minutes. You’ll need your vehicle registration and licence details. The system provides an instant quote that you can purchase immediately or save for later comparison.
3. Bingle
Bingle positions itself as Australia’s no-frills digital insurer, offering third party property cover with a simplified approach that cuts out unnecessary features. The company, backed by Suncorp Group, operates entirely online and over the phone, which reduces costs and allows them to pass savings onto policyholders. Their streamlined model appeals to drivers who want basic protection without complicated policy documents.
What you get with third party cover
Bingle’s third party property insurance covers damage you cause to other vehicles and property when you’re at fault in an accident. This includes repairs to other cars, fences, buildings, and street furniture up to your policy limit. Your legal liability for property damage claims is covered, protecting you from potentially expensive out-of-pocket costs.
The policy provides access to Bingle’s claims team and their network of approved repairers. You receive support throughout the claims process, though the experience is primarily managed through digital channels rather than face-to-face meetings.
Why Bingle can be cheaper than others
Bingle keeps premiums low by operating without physical branches or expensive call centres. Their technology platform automates much of the quoting and policy management process, reducing administrative costs that traditional insurers pass onto customers.
By focusing exclusively on essential third party cover without optional extras, Bingle often ranks among providers offering the cheapest third party car insurance Australia drivers can access online.
Who Bingle suits best
Bingle works well for digitally comfortable drivers who manage most services through apps and websites. If you prefer straightforward cover without bells and whistles and have a good driving history, their pricing model typically delivers strong value. Young drivers and budget-conscious motorists appreciate the transparent pricing structure.
What to watch for before you buy
Bingle’s digital-only approach means limited phone support compared to full-service insurers. You’ll handle policy changes and claims primarily through their online portal. Check the excess amounts carefully, as they can vary based on driver age and vehicle type.
How to get a quote fast
Visit Bingle’s website and complete their online quote form with your vehicle registration and driver details. The system generates an instant quote in approximately three minutes. You can adjust excess levels and coverage options before purchasing directly through the site.
4. AAMI
AAMI operates as one of Australia’s established insurers with a strong focus on motor insurance products. Their third party property cover combines the backing of Suncorp Group with decades of experience handling claims across Australia. The company offers flexible cover options that can be tailored to different driver needs, making them a competitive choice for motorists seeking affordable protection.
What you get with third party cover
AAMI’s third party property policy covers damage you cause to other people’s vehicles and property when you’re at fault in an accident. This includes repairs to other cars, buildings, fences, and roadside infrastructure up to your policy limit. Your legal liability for property damage claims gets covered, protecting you from significant financial exposure.
You gain access to AAMI’s national network of repairers and their claims support team. The policy includes help with claim lodgement and coordination of repairs, making the process smoother when accidents occur. Emergency roadside assistance is available as an optional extra.
Where AAMI pricing can work in your favour
AAMI offers multi-policy discounts when you bundle car insurance with other products like home or contents cover. Their loyalty program rewards long-term customers with reduced premiums over time, and safe driving can earn you further discounts on renewal.
By combining bundling discounts with loyalty rewards, AAMI can deliver competitive pricing that rivals other providers offering the cheapest third party car insurance Australia motorists compare.
Who AAMI suits best
AAMI works well for existing Suncorp customers who want to consolidate their insurance policies and access bundling benefits. If you value established claims support and prefer dealing with a recognizable brand, their service model provides peace of mind alongside competitive pricing.
What to watch for before you buy
AAMI’s base premiums can be higher than online-only insurers before discounts apply. You need to qualify for bundling or loyalty discounts to access their most competitive rates. Review the excess structure carefully, as standard excesses vary based on driver age and vehicle type.
How to get a quote fast
Visit AAMI’s website and complete their online quote form with your vehicle and driver details. The system generates a quote in approximately five minutes. You can also call their team on 13 22 44 to discuss your needs and receive a personalized quote over the phone.
5. Youi
Youi takes a personalised approach to motor insurance by assessing individual risk factors rather than relying solely on broad demographic categories. Their third party property policies reflect this philosophy, with premiums calculated based on detailed questions about your specific circumstances, driving habits, and vehicle usage. The company operates through a phone-based model where consultants build quotes during conversations with customers.
What you get with third party cover
Youi’s third party property insurance covers damage you cause to other vehicles and property when you’re at fault in an accident. This includes repairs to other cars, buildings, fences, and street infrastructure up to your policy limit. Your legal liability for property damage claims gets protected, shielding you from potentially substantial out-of-pocket expenses.
The policy provides access to Youi’s claims support team and their network of approved repairers across Australia. You receive guidance throughout the claims process, with consultants available to answer questions and coordinate repairs. Optional extras like roadside assistance can be added to your policy for additional coverage.
How Youi’s personalised pricing works
Youi asks detailed questions during the quote process to build a risk profile specific to your situation. Factors like where you park overnight, your annual mileage, and security features on your vehicle all influence your premium. This approach can result in lower rates for drivers who demonstrate lower risk factors.
By tailoring premiums to individual circumstances rather than broad categories, Youi sometimes offers rates that compete with the cheapest third party car insurance Australia drivers can find through traditional insurers.
Who Youi suits best
Youi works well for careful drivers with good records who can demonstrate low-risk behaviours through the detailed assessment process. If you have secure parking, drive moderate distances annually, and maintain your vehicle well, the personalised pricing model often delivers competitive rates.
What to watch for before you buy
Youi’s phone-based quoting takes longer than instant online quotes from digital insurers. You’ll need to allocate 15 to 20 minutes for the initial consultation. Premiums can vary significantly based on how you answer assessment questions, so accuracy matters when providing information.
How to get a quote fast
Call Youi on 13 26 88 to start the quote process with one of their consultants. You’ll need your driver licence details, vehicle registration, and information about your driving habits ready. The consultant walks you through their assessment questions and provides a quote at the end of the call.
6. Allianz
Allianz brings global insurance expertise to the Australian market with a strong focus on motor insurance products. Their third party property cover combines the resources of an international insurer with local claims handling across Australia. The company offers competitive pricing alongside a range of discount options that can reduce your premium significantly if you meet certain criteria.
What you get with third party cover
Allianz’s third party property policy covers damage you cause to other people’s vehicles and property when you’re at fault in an accident. This includes repairs to other cars, buildings, fences, and roadside fixtures up to your policy limit. Your legal liability for property damage claims gets covered, protecting you from substantial financial exposure if things go wrong.
You receive access to Allianz’s nationwide network of repairers and their experienced claims team. The policy includes support throughout the claims process, with consultants available to guide you through lodgement and repair coordination. Emergency roadside assistance is available as an optional extra that can be added to your base policy.
How Allianz pricing and discounts work
Allianz offers multiple discount opportunities that can lower your premium significantly. You can access savings through multi-policy bundling, no-claims bonuses, and discounts for vehicles with approved security features. Their loyalty program rewards long-term customers with reduced rates over time.
By stacking available discounts, Allianz can deliver rates that compete effectively with the cheapest third party car insurance Australia drivers compare across major insurers.
Who Allianz suits best
Allianz works well for discount-eligible drivers who can maximize their savings through bundling or loyalty benefits. If you have a clean driving record and want the backing of an established global insurer, their service model provides reliability alongside competitive pricing.
What to watch for before you buy
Allianz’s base premiums can be higher than digital insurers before discounts apply. You need to qualify for available discounts to access their most competitive rates. Review the excess structure carefully, as standard excesses vary based on driver age and vehicle characteristics.
How to get a quote fast
Visit Allianz’s website and complete their online quote form with your vehicle registration and driver details. The system generates a quote in approximately five minutes. You can also call their team on 13 22 64 to discuss discount eligibility and receive a personalized quote over the phone.
7. Compare the Market
Compare the Market operates as one of Australia’s leading comparison platforms, letting you view multiple third party property insurance quotes in one place. The service partners with various insurers to display their pricing side by side, making it easier to identify competitive rates without visiting each provider’s website individually. This aggregator model saves time when you’re hunting for affordable cover.
What you can compare and what you can’t
Compare the Market shows you quotes from partnered insurers only, which means you won’t see every available option in the Australian market. The platform displays premiums, excess amounts, and basic policy features from participating providers, allowing you to compare pricing structures at a glance.
You can’t compare the quality of claims handling or customer service through the platform, as these factors don’t appear in quote comparisons. Some insurers, including certain digital-only providers, don’t participate in comparison sites at all, so you’ll need to check their websites separately for complete market coverage.
How to use comparisons to find a cheaper premium
Enter your details once and Compare the Market generates quotes from multiple insurers simultaneously. You can adjust excess levels and coverage options to see how changes affect your premium across different providers. This side-by-side view helps you identify which insurers offer the cheapest third party car insurance Australia drivers can access for your specific circumstances.
By comparing multiple quotes at once, you can quickly spot pricing differences that might save you hundreds of dollars annually without compromising essential cover.
Who comparison sites suit best
Comparison platforms work well for time-poor drivers who want to review multiple options quickly. If you’re comfortable making decisions based on premium cost and basic policy features, the streamlined comparison process delivers value. First-time insurance buyers appreciate the educational content that explains different coverage types.
What to watch for before you buy
Compare the Market earns commissions from insurers, which can influence which providers appear prominently in results. The platform might not display every available discount, particularly loyalty or bundling offers that insurers reserve for direct purchases.
How to compare quotes efficiently
Complete Compare the Market’s online form with your vehicle registration and driver details. The system generates quotes in approximately three minutes from participating insurers. Review the comparison table carefully, noting excess amounts and coverage limits alongside premiums before clicking through to purchase from your chosen provider.
Final checklist before you buy
You’ve reviewed seven providers offering competitive third party property cover, and now it’s time to make your final decision. Before you commit to a policy, check the excess amounts carefully, as lower premiums sometimes come with higher out-of-pocket costs when you claim. Confirm the policy limits match the potential property damage costs in your area, particularly if you drive in urban environments with expensive vehicles and infrastructure.
Compare what’s actually covered beyond the basics. Some insurers include hire car cover or legal support at no extra cost, while others charge for these features. Review the claims process for each provider, as a cheap premium means little if you face hassles when you need to claim.
Ready to secure affordable protection that doesn’t compromise on service? Get a quote from National Cover and discover how our price-beat guarantee and expert claims support deliver the cheapest third party car insurance Australia drivers need without sacrificing quality. Our team can provide a tailored quote in minutes.
