Third party, fire and theft car insurance

Our verdict

Budget Direct was the cheapest third party fire and theft policy on average across all major states, according to our research. In addition to cover for damage to other people's property, fire and theft, it also covers your car for damage caused by an uninsured driver, up to $5,000.

• Pros and cons

  • Cheap third party fire and theft policy.
  • You can reduce costs by restricting drivers.
  • Hire car following theft - up to $1,000, up to 14 days.

  • The 15% sign-up discount only applies for the 12 months.
  • It doesn't generally cover damage to your own car (only if an uninsured driver hits you).
  • AAMI and Virgin were around the same price in our analysis – marginally more expensive.

• Our methodology

  Our team got 199 quotes across 20 different third party fire and theft policies. We got quotes in NSW, QLD, VIC and WA. The car model we used for all quotes was a 2007 Mazda 3 Neo BK Series 2 Auto 5DR hatchback.

  We selected Budget Direct because it was the cheapest policy on average, it covers your car for damage caused by an uninsured driver, up to $5,000 and it can provide you with a hire car if yours is stolen.

  Keep in mind, while our team did extensive research, Budget Direct may not be the best value policy for you. There are lots of things that can impact the price of a policy such as where you live, your driving history, age and gender.

  Read more about our third party car insurance methodology.

Selected by Gary Ross Hunter – car insurance specialist