The ins and outs of Third Party Only car insurance

Owning a car brings a sense of freedom and convenience. However, it comes with a responsibility to others, their vehicles and their property. One easy way people can meet this responsibility is by getting Third Party Only car insurance. 

In this article, we break down Third Party Only car insurance and what you can expect with this type of cover.

Understanding Third Party Only car insurance

Before we dive into the advantages, let's briefly understand what Third Party Only car insurance is. Third Party Only car insurance can cover other people’s cars and property for the damage if you cause an accident. It’s ‘for their car not yours’ insurance. Or for that fence that jumps out of nowhere.

Why get Third Party Only car insurance?

No budget freakouts: Let's say you accidentally dent someone else's car. Without insurance, the repair costs come out of your pocket. But with Third Party Only insurance, it can cover the costs for fixing someone else's ride.

“A third-party policy is the minimum insurance cover that you should have for your car, or someone else’s car that you’re using. No one can ever guarantee that they won’t cause an accident, and the financial consequences of doing so can be devastating,” says Wayne Tippet, Executive General Manager of Claims.

“Everyone on the road should consider this insurance at the very least if they don’t already have cover. Third-party policies are available on their own as an affordable, basic option.” says Wayne.

Zen driving: Nothing ruins a scenic drive like stress. With Third Party Only insurance, you can relax knowing that if you do end up in a tight spot and hit another car, you're not going to be hit with massive bills to pay for that car’s repairs.

Nice to others: Accidents can mess up more than just metal. State Third Party Only Car Insurance steps in to cover your legal liability if you accidentally damage someone else’s property or injure someone. It’s like being the good guy even when things go wrong.

Your bank account likes it: Compared to Comprehensive car insurance, Third Party Only is more budget friendly.

No headaches with claims: Dealing with paperwork after an accident is no fun. With State you can claim online through the website or app should you need to make a claim.

Optional benefits: State Third Party Only Car Insurance isn’t just one-size-fits-all. You can often spice it up with optional extras like Roadside Rescue for breakdown help or get an extra level of cover with Third Party, Fire and Theft. It’s insurance that can groove to your beat.

Bottom line

Getting Third Party Only car insurance in NZ isn’t just about ticking a box – it’s about being responsible, caring for others on the road, and keeping your wallet happy. So, before you hit the road again, think about getting that insurance buddy along on the journey. Happy driving!