Third Party Property Only car insurance

No – Third Party Property insurance is optional. 

Third Party Property insurance covers the cost of damage to someone else’s vehicle or property – but it’s not a legal requirement. 

Compulsory Third Party (CTP) insurance – also known as a Green Slip in New South Wales – is legally required in every Australian state and territory. It covers injuries or fatalities caused to other people in a car accident.4

Looking for CTP in SA, or for NSW CTP ‘Green Slip’ insurance? We’ve got you covered.

No – it only covers damage to other people’s property, not your own.  

However, Youi’s Third Party Property policy includes limited cover for damage to your car if an uninsured driver is at fault.¹ You may be eligible for up to $5,000 – after excess – if an uninsured driver damages your car and is at fault.¹ You’ll need to provide the other driver’s name and phone number, as well as one of the following – address, driver’s licence number or the registration number of their vehicle – when you make a claim.

Third Party Property Only might be more affordable – but it covers less risk. 

It’s designed to cover the damage you cause to other people’s cars or property. It does not cover your own vehicle – unless you’re hit by an uninsured driver and meet certain conditions.¹

Comprehensive car insurance offers broader coverage, including damage to your own car and events such as accidents – whether you’re at fault or not – intentional damage, hail damage, some natural disasters, storms, fire, theft and more.^5,6

No. Compulsory Third Party (CTP) insurance covers injuries or fatalities caused to other people in a car accident. It’s legally required in every Australian state and territory.⁴

Third Party Property insurance is optional rather than mandatory and covers damage to someone else’s vehicle or property in an accident that’s your fault.

To calculate the cost of Third Party Property car insurance, insurers – including Youi – look at a range of factors. These may include your age, driving history and any accrued demerit points; where you live and where the car is parked; the type, age and value of the car; and any previous claims or incidents.

You can read more on the factors that can impact your car insurance premium or how much car insurance costs. Or, for an accurate price of Third Party Property insurance, consider starting a quote with Youi.

At Youi, you can make a claim under your Third Party Property Only car insurance policy using our app or online claims portal any time of day or night, or by phoning us on 13 YOUI (9684).

Yes – most Third Party Property insurance claims require you to pay an excess.

The excess amount will be the combined total of the basic excess and any other applicable excess. If you’re insured with Youi, these amounts will be listed on your policy schedule.

For more details, read our PDS or dive into everything you need to know about car insurance excess.

It depends whose fault the accident was. If you weren’t at fault and someone else caused the accident, they may be liable for any damage to your car.

On the other hand, if the accident was your fault, you may be liable for covering the cost of any damage caused to someone else’s car or property.

Our Third Party Property car insurance covers up to $20 million in legal liability if an accident that’s your fault causes damage to a third party’s property or vehicle.⁷

Yes – learner drivers are covered with Youi, as long as they’re supervised by a fully licensed driver.

However, any claim involving a learner driver may attract a higher excess, depending on your policy and the learner driver's age. Always check your policy schedule to confirm who is covered and what excess applies.

Driving with a learner? Read our guide on preparing your car for a learner driver.

While Third Party Property Only car insurance only covers damage to other people’s property, Youi’s Third Party Property policy does include limited cover if your car is damaged in an accident where an uninsured driver is completely at fault.¹

If you can provide us with the required details, including the other driver’s name and phone number, as well as one of the following – address, driver’s licence number or the registration number of their vehicle – we’ll cover up to $5,000 of damage to your car after excess.¹

If someone claims you caused damage to their vehicle or property, and you have a policy with Youi:

1. Contact us and lodge a claim.
2. Don’t admit fault or make any agreements directly.
3. Once your claim is accepted, we’ll handle communication with the other party and cover damage up to your policy’s limit.

Bear in mind that admitting fault too early may impact your claim.