AAMI Third Party Property Fire And Theft

What is AAMI Third Party Property Fire and Theft?

AAMI Third Party Property Fire and Theft is a form of car insurance offered by the Australian insurer known as AAMI. This type of insurance covers you for any damage you cause to another person's property with your vehicle, as well as any fire or theft related claims. It provides you with a greater level of protection than Third Party Property Damage insurance, as it includes additional cover for fire, theft and malicious damage. This type of insurance is often seen as a middle ground between Third Party Property Damage and Comprehensive insurance, as it provides a more extensive level of cover but is usually more affordable than Comprehensive.

What does AAMI Third Party Property Fire and Theft cover?

AAMI Third Party Property Fire and Theft covers the cost of any damage you cause to another person's vehicle or property with your own vehicle. It also provides cover for any damage to your vehicle caused by fire, theft or malicious damage. This type of insurance does not cover any damage caused to your own vehicle by an accident. It also does not cover any damage caused to your vehicle by general wear and tear, or if you are at fault in an accident.

Who is AAMI Third Party Property Fire and Theft suitable for?

AAMI Third Party Property Fire and Theft is suitable for anyone who wants a higher level of cover than Third Party Property Damage insurance, but doesn't want the added expense of Comprehensive insurance. It is particularly useful for those who are on a tight budget and cannot afford the high premiums of Comprehensive insurance. It is also ideal for those who do not drive frequently and want to keep their premiums down.

What are the benefits of AAMI Third Party Property Fire and Theft?

The main benefit of AAMI Third Party Property Fire and Theft is that it provides a greater level of cover than Third Party Property Damage insurance without the added expense of Comprehensive insurance. It also covers you for any damage caused to your own vehicle by fire, theft or malicious damage, whereas Third Party Property Damage does not. This type of insurance is usually much more affordable than Comprehensive, so it is ideal for those on a tight budget.

What are the drawbacks of AAMI Third Party Property Fire and Theft?

The main drawback of AAMI Third Party Property Fire and Theft is that it does not cover any damage to your own vehicle caused by an accident. It also does not cover any damage caused to your vehicle by general wear and tear, or if you are at fault in an accident. This means that if you are in an accident and it is found to be your fault, you will not be covered. Additionally, this type of insurance does not provide cover for any additional extras such as windscreen cover, towing, or rental car cover.

Conclusion

AAMI Third Party Property Fire and Theft is a great type of insurance for those who want a higher level of cover than Third Party Property Damage but don't want the added expense of Comprehensive insurance. It provides cover for any damage caused to another person's property with your vehicle, as well as any fire, theft or malicious damage to your own vehicle. However, it does not cover any damage to your own vehicle caused by an accident, or any additional extras such as windscreen cover, towing or rental car cover.