Third Party Property Insurance

Third Party Property will protect you against financial loss arising from any damage you may cause to the property of another; for example, damage to another car, a fence or a traffic light.

It is the cheapest form of voluntary insurance you can buy. Often it is chosen by the owner of an older car that does not have a high market value.

Remember, it protects you against claims from other people, but it will NOT cover theft or pay the repair bills for any damage to your own car. free2go recommends that vehicle purchasers obtain at least Third Party Property on their vehicle.

Third Party Property - Fire and Theft Insurance

This is an extension of the Third Party Property Damage policy. It costs a little more, but it gives you added protection by way of cover against damage or loss of your car caused by fire, and loss of your car caused by theft.

Further information

RACQ Insurance Website.

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