What is comprehensive car insurance in Australia is the highest level of optional car insurance you can buy, covering both your car and other people's property. It sits above Compulsory Third Party insurance, which is mandatory and only covers personal injury to others, and Third Party Property Damage, which only covers damage you cause to other people's cars and property. Comprehensive car insurance covers accidental damage to your own car from at-fault accidents, including single vehicle accidents where you hit a tree, pole or wall, plus theft and attempted theft, fire, storm, hail, flood, vandalism, malicious damage, and damage caused by other drivers including uninsured drivers. It also includes Third Party Property Damage up to $20M, covering your legal liability if you damage someone else's car, building or property. Additional benefits typically include new car replacement for 2 years if your new car is a total loss, hire car after theft or not-at-fault accident for 14 to 21 days, towing costs, emergency accommodation up to $1,000 if you break down far from home, windscreen and window glass cover often with no excess, personal items in car up to $1,000, and cover for baby capsules and child seats. You choose market value, which is what your car is worth at claim time, or agreed value, which is a set amount. You choose an excess of $600 to $1,500 that you pay in a claim. About 80% of Australian drivers have comprehensive cover because it provides complete peace of mind, and it is required if you have a car loan.
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