If you are an enthusiastic driver who enjoys road trips, international car insurance is mandatory for you. As you explore new roads to new places, insuring your car also comes as a safety measure. Here are some pointers to broaden your mind on international vehicle insurance.
Regardless of where you live, most car insurance providers will offer two to three different policies which you can choose from; the compulsory third party, third party fire & theft car insurance and comprehensive insurance. In Australia and other countries, it is a legal requirement for drivers to have a ctp or third party liability insurance before using any road.
When you plan to travel overseas, you can opt to borrow or rent a car. If you will be on the road for some few days, one way to get a cover for medical expenses, rental car excess or personal liability is through your travel insurance provider. Therefore, it is essential to read your policy disclosure statement and check with your insurer for what you will be covered.
If you rent a car overseas, you can get insurance through the rental company. This may, however, cost you some little extra to the price of the car rental. If this is well with you, you can also consider rental car excess insurance through the entity and include it with your travel insurance to cut the cost of your excess in case of an accident.
Knowing that you can enjoy driving your car overseas and still be insured is reassuring. In other instances where you plan to take your vehicle with you abroad, international car insurance policies can be available through Australian Automobile Association affiliates. However, when you import your car from Australia, the global insurance policy will be valid for a limited period. This is as long as you are allowed to maintain your Australian license plate as a visitor.
