Compulsory third party (CTP) insurance provides cover for personal injuries that were caused by motor accidents and is mandatory in Queensland. It's governed by the Motor Accident Insurance (MAI) scheme and can be purchased via private insurers including Suncorp, Allianz and QBE. In Queensland, CTP is included in your registration — if your car is registered then you already have CTP. If your car is unregistered, then you'll likely need to purchase CTP before you can register it.
Cost of CTP insurance in QLD
The cost of CTP insurance in QLD is set by the Motor Accident Insurance Commission (MAIC) and distributed through private insurers. We attmepted to source online quotes from Suncorp, Allianz & ABE. Only Suncorp returned a quote; $369.60 for each. This is accurate as of May 2024. Your own cost will differ based on the type of vehicle you drive and your eligibility for certain taxes.
Best car insurance Queensland
The best car insurance for you will depend on your personal circumstances and the level of coverage needed. For many people, the best policy for them is one that offers adequate coverage at a price they can afford. As part of the 2024 car insurance awards, Finder's car insurance experts have researched 32 popular car insurance providers in Queensland to find which policies offer the best value for money. According to this research, Budget Direct's car insurance offers the best value policy for drivers in Queensland.
Best value car insurance in Queensland: Budget Direct
What we like about Budget Direct:
Budget Direct offers comparatively low pricing for Queenslanders; we researched 32 providers and it was cheaper than 28 of them. On average, a comprehensive policy from Budget Direct costs $941 — that's over $300 cheaper than the Queensland average of $1,274.
Its comprehensive insurance offers a lot of the same features as more expensive policies. As well as covering damages to your vehicle, it covers $500 for your personal items if they're stolen from your vehicle – it pays a further $500 in cover for baby seats. It also offers new car replacement if yours is written off within the first 2 years.
While it's a cheap option, it's not the cheapest of our research. RoLLiN' and Bingle car insurance both came in cheaper.
The cheapest car insurance for you will depend on your personal circumstances and what level of cover you need.
As part of our 2024 car insurance awards, we researched 32 car insurers in Queensland to find who offers the lowest-cost comprehensive policy. This research determined RoLLiN' car insurance to be the most budget-friendly, closely followed by Bingle car insurance.
Cheap car insurer in QLD: RoLLiN'
What we like about RoLLin':
RoLLiN' offers comparatively low pricing for Queenslanders; we researched 32 providers and it was the cheapest of them all. On average, a comprehensive policy from RoLLiN' costs $843. For context, the average policy in Queensland costs around $1,274.
RoLLiN' is backed by NRMA meaning drivers have access to the whole NRMA repair network.
RoLLiN's policy is paid for monthly and each month the premium recalculates. This means it can be more or less expensive than the month prior and can be hard to budget for the longer term.
We sourced over 100 comprehensive car insurance quotes from 32 popular car insurers in Queensland to help find the cheapest car insurance policies available. Keep in mind, these quotes are based off a fictional profile and your own quote will differ based on your personal circumstances.
After 7 years with my QLD car insurance provider, I checked out quotes on Finder and found a cheaper price. Despite my years of loyalty, my current provider wouldn't offer any discounts. I switched to Budget Direct and am now saving $180/year. Loyalty may not pay, but switching sure does!
This level of car insurance covers costs if you damage someone else's vehicle or property and can pay to repair or replace your car if it's damaged by fire or stolen. However, it doesn't cover you for damage to your own car due to an accident, storm or flood.
This level of car insurance only covers you for costs if you damage someone else's vehicle or property. It won't cover repair costs for your car.
Third party car insurance costs
We sourced over 80 quotes from 16 popular car insurers in Queensland. Below is a breakdown of the pricing. Keep in mind, these quotes are based on a fictional driver and your own quote will differ. To see how we got these quotes, read our car insurance methodology.
You pay the same as buying directly from the car insurer. Better still, we regularly run exclusive deals that you won't find on any other site – plus, our tables make it easy to compare policies.
We're experts
Our team of car insurance experts have researched and rated dozens of policies as part of our Finder Awards and published 330+ guides to make it easier for you to compare.
We're independent
Unlike other comparison sites, we're not owned by an insurer. That means our opinions are our own and we work with lots of car insurance brands, making it easier for you to find a good deal.
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Since 2014, we've helped 300,000+ people find car insurance by explaining your cover options, simply and clearly. We'll never ask for your number or email. We're here to help you make a decision.
FAQs
The average cost of car insurance in QLD is $1,274 for a comprehensive policy. A third party property damage policy costs $469 on average with a fire & theft policy costing an average of $559. To understand how we got these costs, read our car insurance methodology.
Our research shows that RoLLiN' has the cheapest comprehensive car insurance in Queensland; Bingle has the cheapest third party property damage policy in QLD; and RACQ has the cheapest third party fire & theft policy in Queensland. Keep in mind, these quotes are based on a fictional profile and your own will differ.
Not anymore. NRMA used to offer CTP for Queenslanders but no longer does.
Not anymore. RACQ stopped selling CTP policies from October 2023. However, if your current CTP policy is with RACQ then you will continue to be covered for this up until that policy expires.
Peta Taylor is an associate publisher at Finder, specialising in car insurance. She's been analysing product disclosure statements and publishing articles for car insurance for over a year. Peta has a Bachelor of Communications and Media Studies with a Major in Marketing from the University of Wollongong and a Cert IV in Media Journalism. Peta is part of Finder's car insurance awards team and works alongside editorial and insights experts to bring drivers the best in car insurance products every year.
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I have just received invoice for renewal of insurance for our two family cars. (Also have house and contents insurance with same company,)
I note premium has increased 20.5% over last year`s premium. Is this reasonable? Should I seek quotes from eleswhere?
While we review car insurance options on our pages, it’s helpful to know that the best people to reach out to about your premiums increasing is an insurance broker. Aside from them acting as a middleman between the provider and consumer, they use their knowledge to shop around for car insurance deals and negotiate with insurers on your behalf.
As a friendly reminder, carefully review the Product Disclosure Statement of the product before applying. You may also contact the insurance provider should you have any questions about their policy.
Hope this helps and feel free to reach out to us again for further assistance.
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I have just received invoice for renewal of insurance for our two family cars. (Also have house and contents insurance with same company,)
I note premium has increased 20.5% over last year`s premium. Is this reasonable? Should I seek quotes from eleswhere?
Hi Alan,
Thanks for getting in touch!
While we review car insurance options on our pages, it’s helpful to know that the best people to reach out to about your premiums increasing is an insurance broker. Aside from them acting as a middleman between the provider and consumer, they use their knowledge to shop around for car insurance deals and negotiate with insurers on your behalf.
As a friendly reminder, carefully review the Product Disclosure Statement of the product before applying. You may also contact the insurance provider should you have any questions about their policy.
Hope this helps and feel free to reach out to us again for further assistance.
Best,
Nikki