Australian car insurance quotes

The cost of insuring a vehicle in Australia follows precisely the same formula when one asks for a quote as it does in America. However, when all is said and done, the motorist will end up with a premium cost that is considerably less than U.S. rates. Some of this savings originates from the price differential between U.S. dollars and Australian dollars, but even with this taken into consideration, the bottom-line price is less.

The insurance quotation follows a familiar step-by-step series of questions about both car and driver. It typically goes like this: Start date for policy; where is vehicle parked overnight (postcode, suburb, state); type of garaging; driver's date of birth, gender; years since last claim; year Australian license obtained and type of vehicle (year, make, model, transmission type). Step 2 is a series of questions including: vehicle accessories; type of financing; installed security devices; private or business use; any No Claim Bonus (NCB) and whether or not you want restricted driver coverage or rental car coverage following an accident.

Once this information is provided, either personally or online, the quote follows. In a typical example, a quote was requested for a 2000 Volvo C70 for a car garaged in Lower Belford township in New South Wales. The comprehensive coverage features purchased included legal costs, towing, a rental car after an accident, trailer and caravan cover, emergency repairs, transportation costs, re-keying and re-coding and coverage for personal effects inside the vehicle. Claims on his policy also provided $900 for an undeclared driver, $600 for an inexperienced driver and $500 for a driver older than 75 years. Standard liability coverage. Property damage, medical coverage and theft coverage applied. The final quote came to $854.85 annually or $71.24/month AUD.

A policy with very-similar coverage in Los Angeles, California, for example would run somewhere between $1,250 and $1975.00/year USD. Even with the difference due to monetary exchange rate considered, the Australian coverage represents a significant annual savings.Australian insurance quotes from three other agencies showed little difference in the bottom-line annual cost for coverage.

Quotations for automobile insurance coverage in Australia can readily be obtained online
from numerous providers and agents. It is necessary to know where in Australia you will be living including the 4-digit postcode for that location and to have an Australian drivers license to receive coverage. A quote, however, can be obtained prior to leaving for Australia if one states that they have an Australian license on the application. This will give you a ballpark idea of what to expect when you finally arrive in the country.