Budget Direct vs NRMA Car Insurance

Budget Direct and NRMA policies offer plenty of benefits - but which provider is best for you?

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Budget Direct and NRMA car insurance might have lots of reasons to sign up with them, but our guide is here to help you easily identify the features that matter to you.

In terms of savings, Budget Direct offers affordable comprehensive coverage that includes driver-age restrictions and low kilometres discounts to help lower your premiums. NRMA, on the other hand, are a well-known brand that includes services such as 'tools of trade' cover and hire car following an incident. They've also got a reputable roadside assistance service.

What differences are there between Budget Direct car insurance and NRMA?

Here are some of the main differences between Budget Direct car insurance and NRMA car insurance:

  • NRMA's top tier policy comes with a hire car for more scenarios. If you have NRMA's comprehensive plus policy, you'll get a hire car if an incident occurs, which includes a not at fault collision or crash and after theft or attempted theft. While a hire car following theft is covered with Budget Direct's comprehensive policy, accident hire car is an optional extra.
  • Personal items are covered, with caveats for both. NRMA will pay up to $1000 in total to repair or replace your personal items if they're stolen from your car. Excluded items include mobiles phones and cash. Budget Direct does not specify that mobile phones are excluded. They will cover you for up to $500 and also up to $500 for child seats or capsules while in the car. Baby seat replacement is covered separately under 'baby capsules and child seats' with NRMA.
  • Tradespeople might consider NRMA. 'Tools of trade' cover can be found with both NRMA comprehensive policies, with up to $1,500 for certain items. This is excluded from Budget Direct's comprehensive policy.
  • NRMA gives more emergency assistance. NRMA can organise accommodation and a hire car for you or make travel arrangements if you are more than 100km away. Budget Direct don't state how they'll cover you for this.

How do both brands compare?

NRMA logo

NRMA Comprehensive

Budget direct logo

Budget Direct Comprehensive

About the providerThe National Roads and Motorists' Association (NRMA) is an Australian organisation offering roadside assistance, car servicing, International Driving Permits, insurance and more in NSW and the ACT.Budget Direct has been in insurance since 2000 and has covered over 3 million Australians since then. They keep their prices low by providing restrictions on high risk drivers.
UnderwriterIAG (Insurance Australia Group)Auto & General Insurance Company Limited
State servedNew South Wales, Queensland, Australian Capital Territory and Tasmania.Australia wide
Products availableComprehensive Plus, Comprehensive, Third Party Property, Fire and Theft, Third Party Property OnlyComprehensive, Third Party Property, Fire and Theft, Third Party Property Only
Damage to car
Theft or attempted theft
Hire car after theftUp to $75 a day for a hire car for up to 21 days
Emergency repairs$800$200/day
Emergency travel and accommodation costsNot stated$200/day
New car replacement
Personal property$1000$500
Grocery replacement cover
Locks and keys replacement$1,000$1,000
Trailer and caravan cover$1,000$1,000
Roadside assistanceOptionalOptional
No claim discount
Pay in full discount
More infoGet quote

*Brands may differ in benefits so always read the product disclosure statement (PDS) to see what suits you best.

What benefits do Budget Direct and NRMA car insurance offer?

Both Budget Direct and NRMA offer several benefits with their car insurance policies. Listed below are some of the main perks:

  • Driver-age restriction. To lower your premiums as much as possible, Budget Direct allow you to restrict your policy to drivers over a certain age, including drivers aged 21+, 25+, 30+, 40+ or 50+.
  • Low kilometres policy. If you travel less than 12,000km a year in your car, Budget Direct will lower your premium.
  • No excess for glass damage. Both NRMA and Budget Direct allow you to add an option to avoid paying an excess when you claim for glass damage (like your windscreen) only.
  • No Claim Bonus protection. With NRMA, you can add an option that allows you to make one claim per year that's your fault without reducing your No Claim Bonus.
  • New car replacement. If you purchased a new car and it becomes a total loss in less than 2 years, Budget Direct and NRMA will replace it with a new car wherever possible. This also applies to Budget Direct policies if your car has been driven 40,000 km or less. They will also both pay the first 12 months of registration.
  • Online Discounts. There's 15% off when you sign up online with Budget Direct.
  • Hail alert service. Budget Direct provides a hail alert service called Hail Hero which is available when you sign up to any policy.

Who is the underwriter for NRMA and Budget Direct?

NRMA is underwritten by IAG (Insurance Australia Group). IAG's businesses underwrite nearly $12 billion of premium per annum. CGU, SGIO, SGIC, Swann Insurance and WFI (Australia); and NZI, State, AMI and Lumley Insurance (New Zealand) are also part of IAG's portfolio. They also operate in Malaysia and India and were given a 'AA-' rating for Insurer Financial Strength by Standard & Poor's.

Budget Direct's car insurance policies are underwritten by Auto & General Insurance Company Limited. They are part of the international BHL group who provide insurance for brands including ING, Virgin, Aus Post and Ozicare.

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