car insurance

8 posts

How to Choose the Cheapest Car Insurance in Australia (2019)

Getting the cheapest car insurance available solves two problems. First, if you have any kind of vehicle, you have to have insurance anyway. And second, it minimizes the cost.Because let’s face it – car insurance can be expensive.But it doesn’t have to be. And seeing as you have to pay for it anyway, it makes sense to pay as little as possible.

What Affects the Cost?

Before we start looking into ways to get the cheapest car insurance, it helps to know how companies set premiums.Your age and your gender are the two biggest factors here. The older you are and the longer you’ve been driving for the lower your premiums. But if you’re a man, you can expect to pay more than a woman.The age thing makes sense because more experience means you’re less likely to need a payout. Or at least, it usually does.But what about the gender gap?That’s because men tend to drive certain types of cars. Yes, the type of car you drive affects the cost of your insurance too! But it’s also because of risk. Women tend to drive and park more responsibly, which is a huge factor for insurance companies.But that doesn’t mean that you can’t get the cheapest car insurance just because you’re a man. Or because you’re younger, for that matter.You just need to know how to reduce costs.

Our Tips for Getting the Cheapest Car Insurance

We’ve put together a list of tips to help you get the cheapest car insurance. Keep these things in mind while comparing quotes and you’re sure to save some money.Also, take some time to read our guide on Understanding Insurance!

1. Car Size and Premium Size

The smaller and cheaper your car is, the lower your premiums will be.

2. Nominating Drivers Can Help You Get Cheaper Car Insurance (But Not Always)

Nominating a driver who is older than 25 and has a good driving record can sometimes lower costs. But be careful with nominations, because it can just as easily make things more expensive.

3. Restricted Access – No Under 25s

We’ve all been there: 17 years old and wanting to borrow mom or dad’s car for the weekend. But restricting the people allowed to drive your car can help lower your premiums. And remember – if any of the drivers are under 25, the insurance will cost more.

4. Don’t Use Your Car Much?

It can be a lot cheaper to choose “Pay As You Drive” car insurance then.

5. Self-Braking Cars Get the Cheapest Insurance

Not always true, but if you have a self-braking car, your premiums can cost 10% to 15% less.

6. Excesses

Excesses can make your car insurance cheaper or more expensive. Raising your excess limit will drop your premiums. That’s because you’ll be paying more and the insurance company will pay out less. But be careful going the co-payment route. After all, you’ll be paying more if something happens.

7. The Safety Factor

If your car has an alarm and/or immobilizer, and you keep it parked in a locked garage overnight, you’ll pay less for insurance.

8. Discounts

There are a few discount options to keep in mind when you’re looking for the cheapest car insurance.First, if you and your partner share a car and you both have good driving records, your insurance will cost less. And that’s especially true if you can ensure it under a woman’s name.Second, look for an insurance company that offers a No Claims Bonus Discount. That way, the better you drive, the more money you’ll get back.Third, if you have more than one policy with a company, then they might offer you a discount.Fourth, eco-friendly cars can sometimes qualify you for a discount.And finally, if you buy your insurance online, you can sometimes get it cheaper too.

How to Get the Cheapest Car Insurance if You’re Under 25

You probably noticed that some of the tips we shared above include being older than 25. But what if you’re under 25?Earlier, we said that it’s still possible to get good car insurance without having to pay too much. So here are some tips just for you! 

1. Choosing the Right Car for the Cheapest Car Insurance

The type of car you drive is going to be a factor in how much you pay for your insurance. So choosing the right type of car isn’t only going to save you money on the purchase price, but on your insurance premiums too.For example, don’t buy a sports car or any other type of high-performance vehicle. The more powerful your engine and the more modifications you add, the higher your premiums are going to be too. You should also check the ANCAP safety rating, how likely your type of car is to be stolen, and how much the parts cost to replace. All these things affect your premiums, so being smart about it will help you find the cheapest car insurance. 

2. Take a Defensive Driving Course and Keep a Good Driving Record

Taking a defensive driving course and having a good driving record will lower your premiums too. That’s because it shows you’re a responsible driver and less likely to need to file a claim.A good driving record takes time to build and maintain, though. So this will only help you cut costs in the long-run rather than immediately. But if you take a defensive driving course, it will help you get there quicker. 

3. Increase Your Excess

You need to be very careful with this, because the higher your excess, the more you pay out-of-pocket. But it can lower your premiums too. So choose a higher but affordable excess amount to get the cheapest car insurance.

Woolsworth Home Insurance Review

Woolsworth has been in Australia for nearly a hundred years. It’s a huge brand that has been highly successful with its services and ventures often because of its popularity. Woolsworth Home Insurance is one of the insurance products the company offers.

When you search for reviews of the company online, you’ll find a plethora of negative reviews from many different product review websites. At a glance, it’s quite staggering to see how a big name can have such a negative reputation. After all, the reviews come from actual customers and this is word of mouth from actual experiences.

Woolsworth Home Insurance Policies

Home insurance is a deathly important thing to have. After all, you do practically everything at home. Your loved ones live there and that’s where you keep your valuables. Just like a lot of home insurance companies in Australia and around the world, Woolsworth offers building insurance, content insurance and a combination of the two. It has developed a reputation for offering very affordable deals when you start out with them. But as a lot of customers point out, the yearly cost can and will increase. This isn’t secret information and will be something that you can find in your policy.

Both building and content insurance cover you for a range of things which include acts of nature like storms, flooding, fire or earthquakes. You can get the best value out of your policy if you get the combined Building and Contents Insurance. If you purchase the combined policy online, you can get 30% off on your premiums.

Contents Insurance Policy

Getting a Woolsworth policy that covers your contents can give you peace of mind. Should an insured event take place, you can easily get a replacement. But, there are a few things that aren’t covered by this policy. Any gas or electric appliance does not get replaced. TVs damaged by fire cannot be claimed under this policy. Your refrigerator doesn’t get covered if it’s damaged in a flood.

Likewise, any plant or animal does not get covered by this insurance. Restoration of a prized garden that was ruined by an earthquake or gale-force winds will sadly have to come out of your own pockets. Pets that are truly irreplaceable, can only be covered by a pet insurance policy.

Additionally, comprehensive contents insurance covers damage to items in transit to your new home within Australia.

Building Insurance Policy

Your property needs to meet a minimum requirement before it can be defined as a home by Woolworth. It needs to be fully enclosed with a roof, you’re able to lock it up, and it actually needs to be used for domestic purposes. It can include fixtures or improvements within the property as well as a garage. The coverage even extends to your lawn and plants in your lawn to some extent.

Consider anything that you can move around to not be covered by home insurance. This includes above ground pools and spas, caravans and trailers.

Home Insurance Claim Issues

It is often easy to dismiss complaints as the words of a very vocal minority. Woolsworth Home insurance is a big business that has hundreds of thousands of customers that avail of their product. The people that make negative reviews, however, are probably less than 500 people. On the other side of that argument is the consideration that an overwhelming majority are negative reviews.

On Product Review Australia, Woolsworth Home Insurance only has a combined 48 reviews that give it 4 or 5 stars. As of writing, there are 137 reviews that give it 1 or 2 stars. This means that a staggering 73% of reviews are negative.

Woolsworth might not have an image problem, but this certainly isn’t good for the home insurance division of their company.

The majority of the complaints are almost always about claims. Let’s face it, that’s the only time you’ll complain about your insurer unless you’re complaining about how much you’re paying.

When you read about how long it takes the company to organize repair or replacement, it doesn’t fill you with a lot of confidence. Unfortunately, this is a harsh reality for claims big and small.

Looking at poor reviews needs to be taken with a grain of salt. There are reviews with very legitimate concerns where an issue has dragged on for months. But there are also reviews where expectations are not managed. You have the right to complain if you feel cheated, but some deals have caveats.

Addressing Concerns

Woolworth’s customer service team works hard to get in touch with each person who contacts them.  This includes emails, chats and phone calls. For each concern, there’s always a response from the team that tries to be as helpful as possible.

Customers may think differently about how effective the customer service and claims team is, but this brings something else to light. They’re probably understaffed and cannot respond as effectively as they should.

Conclusion

You cannot decide on home insurance by weighing the value of a deal alone. Woolsworth Home Insurance presents a very attractive package, especially with its combined home and contents policy. Reviews and experiences of real customers influence a good decision, but it can be tricky.

Woolworth’s policies feature a lot of positive benefits with a range of options. Before jumping in, look deeper into the fine print of the policy. Determine if it’s the right plan for yourself.

Most insurance reviews you will see will come from a group of people who have made claims. Strong emotions embody part of their decision to write negative reviews and you will hardly find people who give positive feedback.

Woolworth should improve on several things before it can get a strong recommendation from its customers. Their customer service and claims teams need to grow to meet the demands of their clients. Customers may not get slow responses on the first contact, but it seems like follow-ups are slow. Long call queues mean, more team members need to pick up those phones.

At the end of the day, only a better performance prevents unhappy customers from writing bad reviews.

Budget Direct Car Insurance Review 2019

The policy you can get from Budget Direct Car Insurance is one of the best you can get on the market. It has won multiple awards highlighting exactly why they are the best in the business. They’ve won Canstar’s Outstanding Value Car award 12 years in a row and Money Direct’s Insurer of the year 2010, 2015, 2017 and 2018. It’s no accident that they’re on top and stays on top.

Budget Direct offers value products further adjusted to reward better drivers with a lower premium. With some of their customers reportedly, saving up to $215, it’s definitely worth checking out.

There are mainly 3 types of car insurance offered throughout Australia. These are Comprehensive, Third Party Property, and Third Party Fire and Theft car insurance. Compulsory Third Party (CTP) is an additional product only offered in NSW.

It can be tempting to pick the more complete and expensive plan, but that might not be the best.

Budget Direct Car Insurance with the Most Benefits

This policy covers loss or accidental damage to your car no matter who caused it. This also protects you from weather damage, fire, theft, and vandalism. Additionally, accidental damage your car causes to other’s property is covered by this insurance.

It provides the most features and benefits for your vehicle, so it is the most expensive choice. Selecting this gets you the benefit of a replacement car and a hire car following a no-fault accident. Choose this for the peace of mind of very secure coverage. You spend more on it, but you definitely get what you’re paying for.

Third-Party Property Car Insurance

This offers a little less coverage as the previous policy. You are covered when your car causes accidental damage to property, but not your own vehicle in most cases. This plan has many fewer features than a comprehensive plan but is more budget-friendly.

Budget Direct Car Insurance finds ways to reward more careful drivers. A prudent planner is aware of the condition of their car and the environment they drive-in. Safeguard yourself from conditions that could set fire to your car. At the same time, know the risks of parking your car. Are you in a safe neighborhood? Is there a high chance of car theft?

People planning ahead can definitely make the most out of this product. So this is definitely a good choice for prudent drivers looking to save.

Additionally, it is probably not wise about pursuing a more expensive premium if you know that your car has a low market value. Regular payments may eventually surpass the cost of getting a new car after damaged from an accident.

Third-Party, Fire and Theft Car Policy

The coverage included in this policy mostly has the same conditions as Third Party Property Insurance. You get the added benefit of protection from fire damage or theft. You still don’t get cover for damage in a crash!

It is a good mid-range offer if you want slightly more coverage than third-party property car insurance. Fire and theft are very real risks to protect yourself against. But, it is also important to remember that this does not cover theft of items in the car.

You should think of choosing this option for a little more security.

Budget Direct Car Insurance Discounts

Budget Direct car insurance also provides a way to save on your premium by adding some restrictions to your policy. Each of the insurance types gives the option of Driver-age Restriction for a discount. It means that you may limit the age of people driving your car to 21+, 25+, 30+, 40+, or 50+. No other car insurance provider makes this available to customers.

You can also pursue a Low Kilometre discount. It just means that you can get a discount on your premium if your car travels less than 12,000 km a year. Obviously quite good if you don’t drive so often.

Lastly, increasing your basic excess and not making a claim for a year can give you further discounts. You can receive a no-claim discount that stacks for up to five years of making no claims. Just remember that you can only get these discounts if you’ve taken the comprehensive plan.

Availing these discounts can also be done even when you have already started your policy with Budget Direct Car Insurance. It’s easy to see how being a more responsible driver rewards you.

CTP Car Insurance

Compulsory Third Party Car Insurance is exactly that. The law requires that all vehicles in Australia are covered for the liability of injuring or killing another person. You can’t drive on the road or register your car if you don’t have this. Budget Direct Car Insurance is only able to provide this plan in NSW and you can learn more about it on their website.

Budget Direct Car Insurance Exclusions

Remember that car insurance isn’t mainly about protecting your car, but protecting you from liability. You can read on and on about the many benefits of comprehensive car insurance, but extra features are not always worth it. Be a responsible driver. Study the fine print and know your coverage with certainty.

Be aware of who drives your vehicle and include them in your coverage. If you allow someone who’s not covered by your insurance to drive your car, then you’ve just set yourself up for a fall. While a comprehensive package gives protection from most accidents, you forfeit the claim if you’ve been irresponsible with your car.

Conclusion

There isn’t much left to say about how good Budget Direct is. Before selecting a plan that is best suited for you, manage your expectations. Going for a more expensive comprehensive plan with additional benefits fits a person with an expensive car to protect.

At the same time, you should not quickly choose the cheapest plan available when you know that you have bigger needs. Getting into an accident that you share responsibility in does not mean your plan covers repairs to your vehicle. Manage your expectations and make a reasonable choice. Rest assured, that you will be in good hands.

CIL Insurance for Caravans: 2019 Review

CIL Insurance fills a gap that many of us tend to forget exists. Rather than offering insurance for traditional homes and vehicles, the company has made a name for itself doing the opposite.

Caravans, camper trailers, and motorhomes aren’t what most people would consider the norm. But for many others, these and other RVs are exactly that. And just because their homes have wheels and their wheels are their homes, that doesn’t mean they don’t need insurance too.

In fact, you might say they need insurance just as much as everyone else, if not more.

That’s where CIL Insurance comes in.

CIL Insurance Options

Because they recognize that caravanning isn’t just a holiday option for some, CIL Insurance focuses on providing comprehensive cover.

That means their insurance plan for caravans includes cover for both loss and damage. And there are a number of other benefits too, such as a new for a new replacement if your caravan is written off within two years of opening your policy.

On top of this, CIL Insurance also offers up to $20 million in legal liability and the option of extending your cover to include your annexe. Clients also have the premium option for hire use, as well as transport by rail, road, and sea.

But that’s not all. When signing up for caravan insurance with CIL, you can also choose between the Australia-wide or on-site options.

The latter might offer lower premium without compromising on cover. But there is a slight trade-off at play. With on-site cover, your caravan is only insured while it’s in its specified location.

What’s Included in Your Cover?

Here’s a quick look at everything that CIL insurance for caravans includes. This is the same for Australia-wide and on-site, with a few differences that we’ll point out for you.

  • Accidental loss and/or damage to your caravan or its contents. This includes accidents, hail, fires, floods, malicious damage, storms, and theft. In the case of on-site cover, it also includes any tropical and free-standing roofs or garden sheds.
  • Legal liability for up to $20 million. This is for the caravan itself and for personal legal liability. However, you do need to be living in your caravan at the time of the accident for the personal liability payout!
  • If you suffer a total loss, CIL insurance will replace your new caravan. But this is only for the first two years.
  • Repairing or replacing your electrical motor after it burns out.
  • Up to $500 in emergency repairs.
  • You’ll also enjoy a lifetime guarantee on all authorized repairs.
  • The insurance policy also covers any removal and replacement costs for you.
  • Flood damages are eligible for a maximum payout of $300.
  • If you’re living in your caravan permanently, then you can get up to $2,000 for temporary accommodation if anything happens. However, if you’re only living in it temporarily (or not at all), it’s only $500.  For the on-site cover, you do have to be living in your caravan.
  • CIL Insurance pays up to $5,000 for removing debris.
  • Finally, your tools and spare parts are also insured for up to $250.

CIL Insurance Additional Options

There are also a few extras that you can add onto your caravan insurance policy. Let’s take a look at what they are:

  • Annexe Cover. This is a really great offer by CIL Insurance, as most of their competitors don’t include annexe cover in their policies. If you do decide to use this add-on, then your annexe enjoys the same cover as your caravan does. But you do need to be using your annexe to be eligible for some of the claims.
  • Increased-contents Cover. The normal comprehensive cover only ensures your caravan’s contents for up to $1,000. So if you have anything in your caravan that’s worth more than that, you can choose to include this add-on.
  • Hire-use Cover. Let’s face it, not everyone is going to be hiring their caravan’s out for friends or strangers to use! But if you don’t live in your caravan permanently and what to use it to make some passive income, then the hire-use cover ensures your caravan and its contents while someone else is renting it from you.
  • Transport Cover. It’s easy for something to go wrong while you’re transporting your caravan by rail, road, or sea. And that’s what the transport cover add-on is there for!
  • Horse-float Cover. Last on our list of add-ons is the horse-float cover. With this option, you can choose to ensure your hoarse-float instead of a caravan.

Possible Excesses

The higher your excesses, the lower your premiums. But there are a few excesses that you might need to pay no matter what.

  1. Basic Excess. This one’s obvious – you’re going to need to pay for a portion of any claims you make.
  2. Transportation Excess. If you do decide to get the transport cover add-on, then you’ll need to pay a basic excess on any claims you make during transportation.
  3. Hire-use Excess. The same is true for any claims you make while leasing your caravan to someone else. And of course, you do need to have the hire-use cover add-on for your policy with CIL Insurance!
  4. Age Excess. This is something that affects your premiums too: having a driver who’s 16 to 24 years old. Premiums are always a little higher in this case, but you’ll also need to pay an age excess if that driver was behind the wheel when an accident happens.
  5. Inexperienced Driver Excess. This one isn’t as clear right away, but it’s very simple. If a person driving your caravan is older than 25, you won’t need to pay the age excess. But if their driving license is less than 2 years old, then you’ll have to pay an inexperienced driver excess instead.
  6. Off-road Excess. Accidents tend to happen easier when you take your caravan off-road. If something happens while you’re on a dirt road, a road that isn’t sealed, or on the beach, you’ll pay an off-road excess.
  7. Underwriting Excess. This is another one that usually affects your premiums too. Your driving history and claims history can sometimes mean that you also need to pay an underwriting excess.

On the plus side, CIL Insurance sometimes waives the excess. But this only happens if it’s another driver that causes the accident.

8 Best Alternatives to Dodo Car Insurance in Australia

The Dodo car insurance company declared on 29 March 2018 that it would no longer provide the car insurance service. The news was a shock to the existing customers. The company backed its all insurance-related operations. It also stated to focus only on the core products. However, the existing customers get the full 1-year cover even after the company ceased its insurance operation.

So, are you now looking for the best alternatives to Dodo Car insurance? Are you in mayhem because of the sudden announcement of Dodo? If yes, then this post will surely help you with this. Read along and know about the best alternatives to Dodo car insurance.

Alternatives to Dodo Car Insurance

If you are a car owner in Australia, then you must be knowing that getting car insurance is an easy task. Besides, people often confuse to choose between all the insurance providers available in the country. So, to help you with this, we have compiled a list of the top 8 best car insurance companies in Australia.

1. Budget Direct

With a number of awards and recognition under the arcade, Budget Direct deserves to be the topper on our list. The company has grabbed the Money magazine winner 2019 award for the cheapest car insurance. It also got the Canstar 2007-18 awards for the outstanding values. The company has served over 1.5 million customers in Australia.

Budget direct offers both comprehensive and third party car insurance. It offers tailor-made cover by restricting the driver’s age. The customer gets the lifetime guarantee on the authorized repair of an owned car.

Also, the company offers a “New-for-old-replacement” exclusive facility for two years old cars. It also pays the toying charges if the car has met with an accident. Budget direct also offers ‘hire car facility’ for 15 days under certain conditions.

2. YOUI

If you are looking for a reliable car insurance company with good protection, YOUI is the right choice. Under the comprehensive car cover, YOUI car insurance offers to cover theft, fire, accident, storm, flood, and earthquake. It also provides emergency accommodation, transport, and repair under specific conditions.

The customers can hire a car for 14 days under comprehensive, third party fire, and theft policy. Customers also get toying facilities under certain conditions. In the comprehensive car insurance, YOUI is one of the best alternatives for Dodo car insurance.

3. Bingle

The winner of the Canstar award for the outstanding value provider, Bingle is third in our top 8 list. It also won the cheap car award for continuous 3 years from Money Magazine. Like the other two insurance providers discussed above, Bingle also provides comprehensive and third party property damage.

Because of the online operations, getting a Bingle car insurance is easy. The company is true to its name. With the 24% huge discount to the claim free drivers of the last 3 years, the company proves itself the cheapest. Bingle is a part of the famous Suncorp Group. But, Bingle does not cover roadside accidents or the choice of cover.

4. Virgin Money

Compared to Dodo car insurance, Virgin money is also a good choice. It also covers both comprehensive car insurance and third party cover. Additionally, it offers customized covers based on the need of the driver.

With a 15% discount to the online insurance buyers, it is also one of the cheapest car insurance companies in Australia. Yet, with the optional roadside accident and choice of repairer facility, the company is lacking behind a little.

5. Allianz Car Insurance

Like its business counterparts, Allianz also offers a comprehensive and third party property damage insurance along with CTP. It offers 15% weaver to the first year premium on comprehensive car insurance if bought online. The insurer also gets the roadside accidents cover.

The customer service is the strength of the Allianz. The company is famous for easy claim and settlement.

Dodo Car Insurance

6. CGU

One of the oldest insurance companies of Australia, CGU had to be on my list. As a good alternative to Dodo car insurance, CGU offers three types of car insurance. Apart from the comprehensive and third party property damage, it also offers third party fire and theft cover.

The award-winning services of CGU have multiple benefits. It offers discounts on the premium to the non-claim bonus every year. The company also covers up to $30 million liability cover.

7. Real Car Insurance

Real also offers comprehensive car insurance, third-party property damage and third-party property, fire, and theft. The customers get a 10% discount if they buy car insurance online. Because of the good services and value for money, the company has won the Gold trusted service award 2019 by Feefo.

The company offers flexible payment options to its customers. It doesn’t have the assessment centers and uses every day repairers. The ‘pay as you drive’ cover allows the customers to get discounts on the limited kilometer drive per year.

8. GIO

GIO offers a detail comprehensive car cover. It covers accidental loss and damage against fire, storm, theft, or similar events. The company provides $20 million legal liability along with towing and storage under certain conditions.

The company also proffers the platinum comprehensive cover. Under this, the company covers the insurance of windscreen and window glass cover as the extra benefits.

How to Compare Car Insurance Services?

Before buying car insurance, it is significant to compare the services of various service providers. Here are a few parameters on which you can compare the services:

  • The premium of the insurance
  • The benefits of each insurance like the clauses of the company in case of damage.
  • Is the insurance company offer legal liability or not?
  • Claim settlement statistics
  • The online reviews of the existing costumers
  • The towing services, rental car services, and storage in case of an accident.

Bottom Line:

Dodo car insurance was one of the premium car insurance companies in Australia. However, other car insurance companies also offer the same services. Before buying car insurance, it is necessary to check online. Comparing the car insurance providers saves your time and money. Additionally, the companies propose many discounts from time to time for the customers.

Who does not like to save money and get better services? Next time before buying car insurance services in Australia, check our list and get the best car insurance at your rate.

Bingle Car Insurance Review 2019

Car insurance is an essential need for every car owner. No matter what part of the world you drive, you must have car insurance. In Australia also, a plethora of car insurance service providers are active. Today let us discuss Bingle Car Insurance. Before moving to the Bingle car insurance review, let me clear the basic facts about car insurance.

What is Car Insurance?

Car insurance or auto insurance is a contract between the car owner and the insurance provider. According to the contract, the insurance provider will cover the monetary loss of the car. In return, the car owner has to pay the insurance premium for a certain period.

Car insurance covers the monetary loss against all the unavoidable risk to the car. It includes accident cover, theft, property damage, and other subsequent liabilities. Almost in every country, car insurance is a must for the car owner by law.

Why Do I Need Car Insurance?

Insurance provides monetary security against unpredictable instances. Since the events are unpredictable, it is impossible to know the loss beforehand. When the losses are short, it is easy to bear the expense. What if, the loss is huge and beyond your financial capacity?

At those crucial times, car insurance comes in handy. It is the assurance that even in a disaster, the car owner needs not to worry about the money. The car insurance companies are there to bear the monetary losses.

Why Do I Need the Bingle Car Insurance Review?

As I said, in the market there are numerous car insurance companies. Alone in Australia, domestic motor insurance covers the largest segment of the general insurance category. With so many companies, it is necessary to understand the pros and cons of every car insurance provider.

The Bingle car insurance review helps you to understand the benefits and effects of car insurance. You also get to know the need for having the Bingle car insurance against other insurance providers.

Bingle Car Insurance Review:

Bingle is the part of the famous Suncorp Group in Australia. With many awards and prizes in its arcade for the cheapest and valuable car insurance packages, it is a premium brand.

Bingle provides online insurance. It is hassle-free, easy to buy, and famous for the fastest online claim. As one of the most affordable car insurance companies in Australia, Bingle offers exclusive facilities to its customers.

Features of Bingle Car Insurance:

  • Bingle provides both comprehensive and third party property car insurance.
  • It has won 2017, and 2018 Money Magazine’s best of the best car award in the cheapest car segment.
  • Additionally, Bingle is also the winner of the 2017 Canstar Outstanding Value in Car Insurance.
  • The 2017 MOZO Experts choice for Low-Cost Car Insurance Award also went to Bingle.
  • Bingle operates online and has no sales centers and support. This reduces the costing of the company and hence it provides low-cost car insurance.
  • The car insurance policy is simple and streamlined. It saves both your time and money.
  • Bingle awards drivers with a good drive history. If a driver has not claimed the insurance for the last 3 years, Bingle offers a 24% discount on the policy.
  • It has round the clock claim service. So even in the odd hours, you can claim the insurance for the car.
  • According to 41% of people in Australia, Bingle car insurance costs $1.60 or less a day.

What Are the Comprehensive and Third-party Car Policies of Bingle?

Bingle Car Insurance Review

While doing the Bingle car insurance review, it is necessary to talk about the two main features of Bingle. The third-party property damage policy covers the monetary loss when you damage someone else’s property. The comprehensive policy covers fire, theft, and nasty damage with other added benefits.

Comprehensive Car Insurance by Bingle:

In comprehensive insurance, Bingle covers any accidental loss or damage to your car. The damage can be an accident, storm, theft, fire, hail or any malicious damage. Additionally, it also includes towing, storage cost, and emergency accommodation.

Policy Features:

  • Bingle car insurance covers all kinds of accidental damage. It also covers damages because of natural disasters, theft, and malicious damage.
  • It covers towing and storage costs in an emergency.
  • Bingle also covers emergency travel, accommodation cost and repairing of the vehicle.
  • The car owner can get the optional covers for windscreen and window glass.
  • The company also covers up to $20 million in legal liabilities.
  • In Bingle, the claim process is online and easy
  • The company offers a lifetime repair guarantee.
  • Car owners can choose flexible premium payment options.
  • Bingle offers the cooling-off periods for 21-days

Third-Party Property Damage Insurance by Bingle:

Third-Party Property damage means by accident when you damage the other’s property by your car.

Policy Features:

  • The company covers up to $20 million of legal liability.
  • The claim process is easy and online.
  • Also, the cooling-off period is for 21 days.
  • The car owners get the flexible premium payment option.

Should I Pay Excess for the Bingle Car Insurance Policy?

Yes, in some cases, the car owner has to pay excess for the Bingle car insurance. Here are the cases.

  • The standard excess depends upon the city you live in. It applies to all claims and costs range from $650 to $795.
  • If the driver, at the time of the accident, is under 25 years of age, the age excess applies. The excess amount is $600 and it is in addition to the standard excess.
  • If a driver, at the time of the accident, is not the listed driver on your policy, you need to pay an extra $1,950. This is applicable to an unlisted household member or unlisted regular driver excess.

Conclusion:

Bingle car insurance review helps you to understand the features and benefits of the insurance cover. Car insurance in Australia is easy and has many added benefits. So, next time, when you need to buy car insurance, our Bingle car insurance review will surely help you.

Eric Insurance Review 2019: Friendlier Car Insurance?

Insurance is a business that’s all about care, but industry leaders are large and often faceless entities. Eric Insurance claims to be an all Australian company deeply connected to its roots. They understand the needs of the average person and engage them on achievable terms. So in essence, they are not a soulless conglomerate that’s out to take advantage of you. However, they’re not a young naive upstart.

Eric insurance is the re-branded Avea insurance merged with Swann Insurance. Both companies are experienced and solid names in the world of car and motorcycle insurance. As it is its own underwriter, they have a certain degree of freedom in how they function as a company.

Looking at their packages, you can decide if they have benefits at a cost that’s best for you. Even though they are in a focused market, competition is certainly formidable. Other big names like Budget Direct have set a standard in the industry and can sell for less. With that being said, consider that price and benefits aren’t everything. A good reputation can go a long way. After all, would you go with an insurance company that makes you jump through hoops for a claim only to deny you?

Website

Right off the bat we see a very different car insurance website. The look is definitely something you would see on a fashion, photography or even self-help website. It deviates from the usual look of a regular insurance website which is refreshing and annoying in it’s own way. Where can I get a quote and how much are your products worth? Right away you can’t get information that you would rather know right away.

So, what does this mean? Majority of insurance companies are able to give you an idea of the cost and benefits of their product on their front page. Eric Insurance does not have this kind of approach. Instead, they introduce their company philosophy via a lovely animated video. It highlights how they are different innovative thinkers and affirming that their goal is not to be a corporate giant. In addition, they want to establish a reputation of delivering quality products, customer service and long relationships.

However, the lack of functionality on their website prevents new customers from setting up and buying a policy from them online. All of the policy is there to see, but to make a purchase and get an initial quote, you need to contact someone first. Because there’s a lack of automation, you will have a harder time making a price comparison.

On the other hand, their approach means that there’s someone you can talk to before making a decision. You can discuss your needs more specifically and then make a purchase through an agent. And because Eric insurance has a lot of products you can choose from, it will definitely help.

Eric Insurance Products

While many insurance providers offer products with reduced benefits, Eric goes the other way. Their Comprehensive Cover package includes key features usually found in high premium policies. The following below is a list of items on top of a basic cover.

  • Replacement of New Vehicle
  • Emergency Travel
  • Essential Repairs
  • Hire Car After Theft
  • Keys and Locks
  • Funeral Benefit
  • Personal Property
  • Towing
  • Trailer
  • Transit Cover
  • Transfer of Vehicle

There are more than just a few interesting additions to a usual package. One that is quick to gravitate towards is replacement and repair. Repair and replacement is what most people expect from a comprehensive policy. In this case, Eric Insurance has the same level of standard when it comes to amount covered. They already include theft, fire and accident damage to their comprehensive option and automatically give you the best option possible.

Funeral benefit is an option that’s not usually found with other providers. The $2000 dollar limit can definitely help with funeral costs, but other insurance products are better suited. It’s a bit strange to include this in a car insurance plan, especially when it doesn’t add that much value overall.

Specific Need Products

If you look at the comprehensive insurance plans of other companies, you can see that Eric’s is not so different. They offer a little bit of extra value and benefits, but that’s about it. Eric Insurance shines through the other products it offers that cater to specific needs. You cannot usually find these products from other providers and they help protect people that financed their car.

Eric Insurance takes into account that comprehensive does not really protect everything. Your situation changes when an accident happens. But that’s not the only thing that can change. Getting sick or losing your job makes it that much more difficult to catch up on car payments. Eric addresses the problem with four products. They are Loan Termination Insurance, Total Assist Insurance, GAP insurance, and Financial Protection Insurance.

Although each one meets a specific need, they target your own finances. Very few, if any other, car insurance company covers your own vehicle related loan. Look at your car from a financial stand point. You use it everyday, but it also devalues. You might never get in a car accident, but it will get older. With age comes more risk. And in the event of a Total Loss, you will have a hard time getting a new car without a little financial aid. Eric helps bridge that gap.

Why choose Eric Insurance?

You can get mixed feelings from the products Eric offers. And you can even say that it might be too costly. The products do cover a lot, but that only means a higher premium. Your monthly costs will go up for some savings down the line. What are the things you can weigh?

On the positive side, it’s definitely comprehensive. You will pay for value and you will get value. In most cases, that’s really a good deal. At a time when things are financially difficult, Eric will have you covered.

On the other hand, you might be paying for services you won’t actually need. Always remember that budget is always a major factor and you don’t need to be greedy for value.

Eric Insurance coverage would be best for you if your car is an asset in your everyday life that is steadily losing value. If you think they’re offering a policy that’s best for you, then go get in touch with them.

SGIO Car Insurance: 2019 Review

If you live in Western Australia and have a car, then SGIO car insurance is going to be your best friend.

The company was founded in 1926 and has been helping clients for several decades now. So right off the bat, you already know that SGIO is an insurance firm with experience!

But let’s face it: when you’re looking for insurance, the experience isn’t usually the first thing you think about. Most people are looking to save money by choosing the cheapest car insurance. However, looking at the price tag first is a dangerous game. Instead, you want to pay attention to how much cover that price tag offers you.

The good news is that SGIO car insurance gives you the best of both. You can enjoy comprehensive cover without having to spend an arm and a leg!

SGIO Car Insurance Options

It’s always great to have options, right?

SGIO understands that value and offers clients 2 great options for car insurance:

  1. SGIO Comprehensive; and
  2. SGIO Comprehensive Plus

The first option is the most popular in Perth according to SGIO’s website, and we can see why! SGIO Comprehensive earns its name. By comparison, SGIO Comprehensive Plus has just 2 added benefits: if you’re in an accident, you can enjoy hired help valued at up to $95/day. And you also get excess-free glass, sunroof, and windshield cover.

But every other benefit offered by Comprehensive Plus is also included in SGIO Comprehensive. So for the rest of this review, we’ll be focusing on the first option.

What Do I Get With SGIO Comprehensive?

Before we move on, it’s going to be worth your while to know exactly what type of cover SGIO Comprehensive Car Insurance is offering.

First on the list of benefits is new for a new replacement. What this means is that if your car gets written off in the first 2 years after you buy it, you’ll get a new one.

And if your car gets stolen, SGIO will pay up to $65/day for you to hire a car for a maximum of 21 days. This can really help you to not let the theft of your car affect your life too much.

SGIO car insurance also covers you for accidental damage, collisions and crashes, vandalism, fire, severe weather, and theft. That’s quite a lot of cover all in one!

But that’s not all. If you decide to do any modifications or accessories on your car, then SGIO will cover them for you as well. There is the caveat that there needs to be an agreed-upon value, which will be the limit of your cover. But it’s definitely a great deal.

And finally, you’ll enjoy a lifetime guarantee on all workmanship. All you need to do to get this benefit is to make sure SGIO authorizes all repairs beforehand.

Pros

SGIO car insurance has quite a few pros that make it the best option for residents of Western Australia.

Of course, the sheer number of features included in the policy is a major pro. And because clients can choose their own excess, it doesn’t have to be expensive at all. In fact, SGIO allows you to lower your premium by setting an excess anywhere from $0 up to $2,000.

Because of the agreed value that every policy also includes, you’ll always know exactly what payout to expect if your car is stolen or written off. And as long as SGIO authorizes the repair, you’ll also be free to use any repair service you prefer.

But what really sets SGIO car insurance ahead of most competitors is the way they help you save. There are a lot of discounts available with the Comprehensive plan.

For example, you’ll immediately save $100 if you apply online. And as an added benefit, it’s very easy to do so!

There are also other types of insurance policies that SGIO offers. So if you don’t only need to get car insurance, SGIO is a great option. That’s because you’ll get an extra 10% discount for opening multiple policies with them.

And if you have a clean driving record with minimal claims, then SGIO will qualify you for a no-claims bonus. This can amount to as much as 65% in savings! And if you choose to pay your premiums as an annual lump sum, then you’ll get even more discounts.

Last, but not least, SGIO car insurance is also well-known for its quick and easy handling of claims and payouts. Customer satisfaction is very high, with a score of 7.8 out of 10 stars in customer reviews on Mozo.

Cons

Of course, nothing is perfect, and SGIO car insurance is no exception.

Some of SGIO’s customers aren’t so happy with the 10% price increase from a few years ago. But considering all the benefits included, as well as market inflations, most feel that the increase was very fair.

One thing that does get some negative attention though is the way repairs are sometimes handled. Some customers complain that they get their cars back with lumps of paint on the body. And others say that not all of the damaged parts are replaced.

However, this is largely offset by the fact that you can choose where to have your repairs done.

Finally, you should know that there is one catch to the great price tag. If you have a family member under the age of 25, then it’s better to list them as a driver. This does push your premiums up to a little, which is normal. But if you don’t list them, there is a $1,250 excess charge.

SGIO Car Insurance Conclusion

There’s no doubt that SGIO offers a great car insurance policy for those who live in Western Australia. So much so that it’s actually a pity they aren’t available everywhere in the country!

It’s no wonder that the company has such a positive public opinion. The vast majority of their clients clearly appreciate the fantastic service SGIO provides.

As always, it’s a good idea to carefully read their Product Disclosure Statement. After all, the best policy for one person isn’t necessarily the best policy for someone else.