Map of NSW

NSW Car Insurance

Your guide to getting the best car insurance for you in NSW.

Your car needs to have up-to-date insurance at all times while you’re behind the wheel. All drivers in NSW must have CTP car insurance, and most drivers also opt for extra protection.

Whether you’ve just bought a new car and need protection for it, or are looking to change your car insurance provider, this guide can walk you through getting the right car insurance in NSW.

Compare car insurance for NSW

Comprehensive car insurance is the only policy type that offers real, proper cover for your car.
Name Product New Car Replacement Pay monthly at no extra cost Choice of repairer Roadside Assistance Hire car after theft Personal effects
Optional - If your car is written off in the first 3 years
No
No
No
Optional - Up to $50 a day until your claim is settled
$0.00
Save 24% on your policy if you've been claim free for 3 years.
Yes - If your car is written off in the first 2 years or is under 40,000 km
No
Yes
Optional
Yes - Up to $1,000 (Max 14 days)
$250.00
Buy online and save 15%.
Yes - If your car is written off or stolen in the first 2 years
No
Yes
Yes
Yes - Reasonable costs (Max 14 days)
$750.00
Emergency roadside assistance included in Comprehensive policies.
Yes - If your car is written off in the first 2 years
No
No
Optional
Yes - Up to $70 per day (Max 14 days)
$500.00
Save up to 10% when you buy online.
Yes - If your car is written off in the first 2 years or is under 40,000 km
No
Yes
Optional
Yes - Up to $1,000 (Max 14 days)
$500.00
Save 15% when purchasing online. Eligible customers can earn 5,000 Velocity Frequent Flyer Points when purchasing a new policy by 31 Dec 2018. Excludes NT. T&CS apply.
Yes - If your car is written off in the first 2 years
Yes
No
No
Yes - Up to $70 per day (Max 14 days)
$500.00
Transforms your driving so it's 100% carbon neutral.
Yes - If your car is written off in the first 2 years
Yes
Yes
No
Yes - Up to $100 per day (Max 30 days)
$1,000.00
Buy online and save up to 10% on your policy.
Yes - If your car is written off in the first year or is under 20,000 km
No
No
Optional
Optional - Up to $60 per day (Max 14 days)
$500.00
Save up to 20% on car insurance when you purchase cover online.

Compare up to 4 providers

Third party fire and theft will cover you if your car is stolen or is damaged by fire. You'll also be covered for third party damages if you smash into someone else's car or property.
Name Product Agreed or Market Value Personal effects Roadside Assistance Choice of Repairer Hire car after theft
Agreed
$0
Optional
Yes
No
Buy online and save 15%.
Agreed
$750
No
Yes
Yes - Reasonable costs (Max 14 days)
Emergency roadside assistance included in Comprehensive policies.
Agreed
$500
Optional
No
Yes - Up to $70 per day (Max 14 days)
Save up to 10% when you buy online.
Agreed
$0
Optional
Yes
No
21-day money back guarantee if you change your mind and haven't made a claim.
Agreed
$0
No
No
Optional - Up to $70 per day (Max 14 days)
Transforms your driving so it's 100% carbon neutral.
Agreed
$0
No
Yes
Yes - Up to $100 per day (Max 30 days)
Save on your premium if you choose to restrict your cover to drivers aged 25 years or over.

Compare up to 4 providers

This is generally the cheapest car insurance type, but will only cover third party damages if you smash into someone else's car or property.
Name Product Agreed or Market Value Roadside Assistance Pay monthly at no extra cost Legal Liability
Market
No
No
$20,000,000
Save 24% on your policy if you've been claim free for 3 years.
Agreed
Optional
No
$20,000,000
Buy online and save 15%.
Agreed
No
No
$20,000,000
Emergency roadside assistance included in Comprehensive policies.
Agreed
Optional
No
$20,000,000
Save up to 10% when you buy online.
Agreed
Optional
No
$20,000,000
21-day money back guarantee if you change your mind and haven't made a claim.
Agreed
No
Yes
$20,000,000
Transforms your driving so it's 100% carbon neutral.
Agreed
No
Yes
$20,000,000
Save on your premium if you choose to restrict your cover to drivers aged 25 years or over.
Agreed
No
No
$20,000,000
Save up to 20% on car insurance when you purchase cover online.

Compare up to 4 providers

NSW car insurance in three steps

  • Choose your damage cover. Choose the type of car insurance damage cover that suits your needs.
  • Compare and buy online. Once you’ve found the right policy, compare it with other options and buy online for more discounts as well as to save time and hassle.

What type of car insurance can I get in New South Wales?

All cars need CTP insurance, and you should also choose a liability and damage policy.

Getting CTP insurance in NSW

CTP insurance in NSW, also known as a Green Slip, covers the cost of injuries sustained in road accidents. There are six different CTP insurers to choose from in NSW, and each sets their prices differently.

  • 6- or 12-month insurance period. You can choose either a 6-month or a 12-month insurance period to better manage the costs.
  • No difference in cover. All insurers will offer the same required cover, so you can compare by price alone.
  • The cheapest Green Slips. Find the cheapest Green Slip by getting a quote from each insurer and choosing the lowest price.

Once you have a CTP insurance policy, you are insured for personal injuries on the road. Next, you can pick the type of car damage cover that suits your needs.

Personal liability and car damage insurance

There are three additional types of car insurance to choose from. Find the cover that’s right for you by balancing cost and protection.

Third party propertyThird party property, fire and theftComprehensive
Personal liabilityYesYesYes
Protection for your carNoCover for fire damage and theftComprehensive protection from many forms of damage
  • Personal liability: This is the cost of damage you may cause to other cars or to a person’s property because of an accident. Third party property car insurance policies deliver cost-effective, personal-liability-only cover.
  • Protection for your car: Different policies will protect your car from different types of damage. A third party fire and theft policy covers you from these two common hazards as well as delivering personal liability cover. Comprehensive car insurance protects you from many different types of damage, and also includes personal liability cover.

How much does car insurance cost in NSW?

No matter where you are in the country, the cost of car insurance is determined by the same, or very similar, factors. The more likely you are to get into an accident, have your car stolen, or make a car insurance claim, the higher your car insurance premiums will be.

  • New South Wales is one of the most expensive states in Australia for car insurance, thanks to crowded roads and above-average theft rates. This means it is particularly important to look for cheap car insurance in NSW.

Rounded average annual cost of comprehensive car insurance for newer vehicles in NSW

StateAverage Monthly Cost
New South Wales$160.54
Victoria$161.86
Queensland$113.68
South Australia$118.39
Western Australia$107.25
Tasmania$127.51
Average$132.34
  • Stamp duty: Different financial services are taxed at different levels around Australia. This is known as stamp duty and can raise the price of financial products. In NSW, the stamp duty for car insurance is set at 5%.

New South Wales car thefts

According to the National Motor Vehicle Theft Reduction Council (NMVTRC) in 2017, 12,216 vehicle thefts took place in New South Wales. This was a 2.6% increase compared with 2016. NSW accounts for 23.1% of the total national thefts.

The worst vehicle crime spot in NSW is the city of Blacktown (805 vehicles stolen). The city experienced a 9.8% surge in crime. The next worst-hit areas are Central Coast (674), Canterbury-Bankstown (614), Lake Macquarie (484) and Penrith (481).

The most stolen vehicle was the 2006-2013 Holden Commodore VE (218 stolen). Next came the 2005-2011 Toyota Hilux, with 196 taken and the 2012-2015 Hilux model accounted for 149. The most stolen price range was cars worth under $5,000.

Motorcycle theft increased in NSW to 1,673.

Friday's between 16:00 and 19:59 are the most likely times for your car to be taken. The next riskiest time is Saturday evening between the hours of 20:00 and 23:59. 612 owners had their vehicle stolen during this time.


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Andrew Munro

Andrew writes for finder.com, comparing products, writing guides and looking for new ways to help people make smart decisions. He's a fan of insurance, business news and cryptocurrency.

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