Third Party Property Damage Motor Insurance

Is Third Party Property Damage Motor Insurance right for you?

Third Party Property Damage Motor Insurance covers your legal liability for loss or damage to someone else’s property caused by a motor vehicle accident that’s partly or fully your fault.

Comprehensive or Third Party Property Damage Motor Insurance?

Allianz Comprehensive Motor Insurance covers your vehicle, plus damage you cause to other people’s vehicles or property. If you’re looking for cover for fire, theft, accidents, malicious damage and legal liability, you might like to consider Comprehensive Motor Insurance.

Allianz Third Party Property Damage Motor Insurance doesn’t cover your vehicle. It covers your legal liability if you destroy or damage someone else’s vehicle or property during a motor vehicle accident that’s partly or fully your fault.

Third Party Property Damage insurance features

This is a summary only. For information on what’s covered and what’s not covered and the standard terms, conditions, limits and exclusions of cover, see the relevant Product Disclosure Statement

Included benefits

Not included

What is Third Party Property Damage Motor Insurance?

Third Party Property Damage (TPPD) Motor Insurance covers damage you cause to other people's vehicles and property while using your vehicle. This includes the cost of the damage and reasonable approved legal costs arising from a covered accident. 
 
TPPD Motor Insurance doesn’t cover damage caused to your own vehicle, fire, theft, or injury you cause to other people.

If you want to cover your vehicle from accidental loss or damage, you might consider Comprehensive Motor Insurance.
For more information on Third Party Property Damage Motor Insurance, see the relevant PDS

Does Allianz Third Party Property Damage Insurance have an excess?

Yes, if you lodge a claim on your Third Party Property Damage Motor Insurance policy you’ll have to pay an excess. Check your policy schedule to see any applicable excesses.

What’s the difference between Allianz Third Party Property Damage Motor Insurance and Compulsory Third Party cover?

You can’t register a vehicle in Australia without Compulsory Third Party (CTP) insurance, also known as a Green Slip in NSW. When driving your vehicle, CTP covers your liability for injuries you or other drivers of your vehicle cause to other road users. CTP insurance doesn’t cover damage to property.
 
Allianz Third Party Property Damage Motor Insurance provides you with cover for loss or damage you cause to other people’s vehicles or property, while using your vehicle.  
Neither CTP Insurance nor Third Party Property Damage Motor Insurance covers damage to your own vehicle.