- Cheapest comprehensive cover according to Finder Awards
- Good if you want cheap cover for the essentials
- Cover for damage to car, fire, theft and more
According to 2023 Finder Awards research, the average cost of a comprehensive car insurance policy in Victoria is $1,677. Keep in mind, this is an average cost based on a number of different driver profiles with VIC based postcodes. Your cost will differ based on your personal circumstances such as age, gender, car, location and driving history.
According to the 2023 Finder Awards, the best comprehensive car insurance in Victoria is Hume Bank and Bingle. Hume Bank came out on top in our value category. Bingle was the the cheapest policy on average.
To get the average cost, we got 180+ quotes from over 30 car insurance providers. We also rated 20 different car insurance features such as storm damage, flood cover, towing, windscreen damage and key replacement.
Keep in mind, we only looked at comprehensive car insurance policies as part of the Finder Awards. Remember, what's best for you will differ from person to person so it's always best to do your research.
The cheapest comprehensive car insurance in Victoria is Bingle, according to 2023 Finder Awards research. Out of the 30+ insurers, it had an average cost of $1,034 per year. That's $643 less per year than average. Our methodology only looked at comprehensive car insurance policies.
|$1034||Get a quote|
|$1164||Get a quote|
The average cost of comprehensive car insurance in Victoria was $1,677 per year, according to 2023 Finder Awards research.
This was the average of 186 quotes across 31 insurers for a 2018 Toyota Corolla Ascent 4 Door Sedan. However, prices differ a lot depending on your age. For example, a policy for a 20-year old male cost an average of $2,646 per year.
Your prices will differ too but our extensive research can give you an idea of how much you might pay. Factors such as the car you own, your driving history, age and where you park at night also impact your premiums.
In Victoria, you pay for your rego and CTP together. The Transport Accident Commission (TAC) is the only insurer under the scheme so you can't shop around for different insurers.
|Car insurance benefits||CTP/Green Slip||Third party property damage||Third party fire and theft||Comprehensive|
|Damage to your own vehicle||No||No||No||Yes|
|Damage to someone else's vehicle (third party property)||No||Yes (for example, up to $20 million)||Yes (for example, up to $20 million)||Yes (for example, up to $20 million)|
|Weather events (storm, flood, hail)||No||No||No||Yes|
|Hire car after theft||No||Sometimes optional||Sometimes optional||Yes (for example, $70 per day for 14 days)|
|Personal effects||No||No||No||Yes (for example, up to $1,000)|
|Emergency transport/accommodation||No||No||No||Yes (for example, $100 per day, $900 in total)|
|Towing||No||Sometimes optional||Sometimes optional||Yes|
|Key replacement||No||No||No||Yes (for example, up to $1,000)|
|Legal liability for injuries or death to other people||Yes||No||No||No|
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