Norwest NSW
Third Party Property Damage
You back into a parked car. A truck clips a fence. A reversing van takes out a letterbox. It's rarely serious, but it can add up quickly.
Third party property damage insurance covers the cost of damage you cause to other people's vehicles or property. It doesn't cover damage to your own vehicle.
What it can cover
- Damage to other people's vehicles
- Damage to fences, buildings and other property
- Legal costs, in some policies
What it doesn't cover
- Your own vehicle
- Injury to people. That falls under CTP and liability covers
- Intentional damage
Who it suits
- Owners of older vehicles who don't want full comprehensive
- Business owners with work vehicles, utes and vans
- Contractors who work around other people's property
Case study
An example
A delivery van reverses into a parked luxury car and causes $12,000 in damage. Third party property damage cover pays the other driver's repair bill. The van's own damage isn't covered unless the policy goes further.
Illustrative example only. Cover depends on your policy wording.
Contact us
Tell us:
We're based at Suite 2.02, 2-8 Brookhollow Ave, Norwest NSW. Call 02 8660 2305 or email admin@idealbrokers.com.au.
Ideal Insurance Brokers, Norwest NSW 2153. Ideal Brokers Pty Ltd (CAR No. 001262504 | ABN 65 623 205 952) is a Corporate Authorised Representative of Metrix Connect Pty Ltd ACN 635 286 136 as the trustee for the Metrix Connect Hybrid Trust ABN 55 742 327 931 | AFSL No. 525491. This page contains general information only and does not take into account your objectives, financial situation or needs. Read the Product Disclosure Statement before buying.
Third party property damage FAQs
No. CTP covers injury to people. This covers property.
Comprehensive already includes it.
Many policies offer $20 million or more. Expensive cars are common on the road, so don't go low.