Insurance in Australia is generally divided into three, the life insurance, the health insurance and the general insurance.

Life insurance guarantees a designated amount of money to a beneficiary upon the death of a person who was insured while health insurance provides for coverage for a visit to the doctor, medicine, emergency room, medical expenses or hospital stay. General insurance on the other hand is the non-life insurance that normally includes homeowners and automobile policies where payments are provided to the owner depending on the loss that may occur. It is also called property and casualty insurance or non-life insurance. An example of which is car insurance.

To compare car insurance in Australia, one has to first understand that car insurance in Australia is classified into three types, the compulsory third party insurance, the third party property insurance and the comprehensive insurance policy. Car insurance quotes greatly depend on the type of insurance that one would want to have.

Car insurance comparison is the normal trend among Australians as its insurance market in general is a sophisticated one and well developed because they always look for the best insurance that fit their needs. Considering the number of car insurance companies around this is wise.

The simplest form of car insurance Australia is the compulsory third party insurance or the Greenslip insurance which covers only the personal injuries of crash victims. This basic car insurance is compulsory among all Australian registered cars.

Third party property insurance is a car insurance that pays for the damages that one has caused to another person’s car or property. It does not cover the repair of the car of the person who caused the accident or damage.

Comprehensive insurance policy is a car insurance that combines the coverage of the two car insurance types that were mentioned above. As such, this type of comprehensive car insurance is the most expensive in terms of car insurance comparison.