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Compare car insurance Victoria

We sourced 180+ quotes from 30+ policies to help you find the right car insurance in VIC.

Compare car insurance in Victoria

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.

1 - 10 of 41
Name Product Roadside assistance Accidental damage Storm Choice of repairer Agreed or Market Value
Budget Direct Comprehensive
Optional
Optional
Agreed or Market
Finder's summary: The 2024 winner of our Best Value Car Insurance award. It's cheaper than most, plus you can lower costs by adding age restrictions.

⭐ Current offer: 15% off your first year's premium when you take out a policy online. T&Cs apply.

Who it might be good for: Anyone who wants a good value policy.
Youi Comprehensive
Optional
Agreed or Market
Finder's summary: The 2023 winner of our Best Features Car Insurance award. Plus, it's one of the only insurers to automatically include roadside assistance.

Who it might be good for: Those who want good customer service with lots of inclusions.
Australia Post Comprehensive
Optional
Agreed or Market
Finder's summary: Covers a little more than other insurers. You don’t need to pay an excess for windscreen repairs and cover applies to anyone who uses your car.

⭐ Current offer: Get $75 off your first year's comprehensive car insurance premium when you buy online. T&Cs apply.

Who it might be good for: Multiple people using one car.
ROLLiN' Comprehensive
Agreed
Finder's summary: One of the most cost-effective insurers for under 25s, according to Finder research, with no aged-based excess.

Who it might be good for: Young drivers looking to keep costs down and anyone who’d like to get more flexibility from their car insurance.
QBE Comprehensive
Green Company
QBE Comprehensive
Optional
Agreed or Market
Finder's summary: Our best-rated Car Insurer for Customer Satisfaction in 2021/2022 and Green Insurer for the last 3 years.

⭐ Current offer: Save $75 when you purchase a new comprehensive policy online. T&Cs apply.

Who it might be good for: Those who want a trustworthy insurer and more cover than other brands, such as 3-year new car replacement (e.g. they'll give you money for a new car for up to 3 years if yours is written off).
Bingle Comprehensive
Market
Finder's summary: Our data shows it’s the cheapest comprehensive policy. It just covers the basics such as damage to your car, theft and storms – it doesn’t go in for add-ons and extras.

Who it might be good for: Those wanting a low-cost, no-frills policy.
Qantas Comprehensive
Optional
Optional
Agreed or Market
Finder's summary: You need car insurance so why not get one that lets you earn Qantas Points? It's good value too (it's underwritten by the same insurer as Budget Direct).

⭐ Current offer: Earn up to 20,000 Qantas Points with every Qantas Car Insurance policy you take out by 22 April. T&Cs apply.

Who it might be good for: People who want more bang for their buck with Qantas Points.
Budget Direct Third Party Property, Fire and Theft
Optional
Market
Save 15% on your first year's premium when you purchase a new policy online. T&Cs apply.
Youi Third Party Fire and Theft
Optional
Agreed or Market
Up to $20 million legal liability cover and 24/7 claims team.
Qantas Third Party Property, Fire and Theft
Optional
Market
Earn Qantas Points when you sign up. T&Cs apply.
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Top pick for price: Bingle

Bingle car insurance logo

What we like about Bingle:

  • Bingle typically offers the cheapest comprehensive car insurance in Victoria, according to the 2023 Finder Awards research. Out of the 30+ insurers we researched, it had an average cost of $1,034. That's $643 less per year than average.
  • It covers you for damage to your own car including fires, theft, floods and accidents, as well as accidental damage to other people's cars and property.
  • Look elsewhere if you want lots of inclusions. Bingle is cheap because it doesn't go in for extra inclusions such as new for old car replacement, hire car cover and windscreen damage replacement.
  • Bingle is online-only and has received some negative customer reviews for poor customer service and communication.
Get a quote

Top pick for value: Hume Bank

Hume Bank Logo

What we like about Hume Bank:

  • Its comprehensive policy came third-place in the Finder Awards for value nationally and first place in Victoria. Our rating system is based on a split of price and features.
  • Hume Bank's policies are issued by Allianz – one of Australia's most well-known and trusted insurers. Its comprehensive policy covers the essentials, including accidental damage and weather events. It also lets you choose your own repairer.
  • It's not the cheapest policy. Budget Direct, Bingle and ROLLiN' are typically cheaper.
  • Look elsewhere if you want roadside assistance. Hume Bank doesn't offer this automatically.
More info

Who has the best car insurance in Victoria?

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.

Who has the cheapest car insurance in Victoria?

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.

BrandPriceApply
Bingle logo$1034Get a quote
Koba$1036More info
AAMI$1054More info
Budget Direct car insurance$1164Get a quote
GIO$1259More info

How much does VIC car insurance cost?

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.

Compulsory third party insurance in VIC

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.

What's included in car insurance in Victoria?

Car insurance benefitsCTP/Green SlipThird party property damageThird party fire and theftComprehensive
Damage to your own vehicleNoNoNoYes
Damage to someone else's vehicle (third party property)NoYes (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)NoNoNoYes
TheftNoNoYesYes
Hire car after theftNoSometimes optionalSometimes optionalYes (for example, $70 per day for 14 days)
FireNoNoYesYes
Personal effectsNoNoNoYes (for example, up to $1,000)
Emergency transport/accommodationNoNoNoYes (for example, $100 per day, $900 in total)
TowingNoSometimes optionalSometimes optionalYes
Key replacementNoNoNoYes (for example, up to $1,000)
Death benefitNoYesYesYes
Legal liability for injuries or death to other peopleYesNoNoNo

Expert's take: How to find cheap car insurance in VIC

The simplest way to save on your car insurance is to compare a range of quotes – ideally at least 4. Don't just let your policy renew automatically. Insurers tend to increase prices every year so it's definitely worth shopping around. In the recent Finder Awards for example, we found a difference of $1,456 between the cheapest and most expensive comprehensive car insurance policy.

Why you can trust Finder's car insurance experts

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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.

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8 Responses

    Default Gravatar
    suApril 18, 2018

    I moved 1 street, same suburb, car insurance advised additional $150 and $130 for each car payable for remaining 6 and 8 months of premium. I asked why this happens when in same suburb, reply was number of claims for actual address taken into account. I am being insured as the driver with my own unblemished history, not past tenants of a property, why is more than suburb considered? or is this just discrimination for rental property as cannot control what other drivers claim or how they drive?

      Default Gravatar
      NikkiApril 18, 2018

      Hi Su

      Hi there, this is Nikki. Welcome to finder – the leading comparison website & general information service built to give you advice in your buying decision needs. How are you doing today?

      I’m sorry to hear about this. I can see your frustration. As much as we want to assist you on this, you’d have to check the terms and conditions on your insurance policy as this may suggest if your address would affect any claims / payables in premiums.

      Please note that we’re a product comparison website and we hold no affiliation with any company we feature on our site. We provide general information on products to assist you in your buying decision process hence we cannot recommend product / service that is rightfully fit for you.

      Hope this helps! Feel free to message us anytime should you have further questions.

      Cheers,
      Nikki

    Default Gravatar
    PeterJune 25, 2017

    I’m looking at buying comprehensive car insurance for my 23yo daughter – car previously insured in my name – I’m finding the quotes from Bingle to be $200-$400 cheaper that other insurance companies.
    Am I missing something or are they really that much cheaper?

      AvatarFinder
      RenchJune 25, 2017Finder

      Hi Peter,

      Thanks for reaching out to us. Please note that we are not affiliated with any company we feature on our site and so we can only offer you general advice.

      You can check these pages also for helpful information and you may compare your options:

      Please click the name of your preferred insurance to find out the details. You may then select the “Get Quote” button to direct you to their official site and get a quote from them.

      Hope this information helped.

      Best regards,
      Rench

      Default Gravatar
      PeterJune 25, 2017

      Hi,
      I think you misunderstood my question. I have done all the comparisons and obtained quotes and as best as i can, i have tried to apply the same criteria to each quote. They are all much the same price, between $1100 and $1400 with the exception of Bingle. The Bingle quote, depending in the variable excess, is around $830 – $950, roughly $200-$400 cheaper than the others.
      I have been through the pds for Bingle and it appears to be no different to the other companies so i was wondering, with your experience, whether you know of any reason why Bingle is substantially cheaper?

      Thanks,
      Peter

      AvatarFinder
      RenchJune 25, 2017Finder

      Hi Peter,

      Thank you for clarifying that.

      I understand. Bingle car insurance is issued by AAI Limited, which is part of the Suncorp Group. They are one of the company car insurances that we feature on our site. There is no need to worry. The fact that they are cheaper than others, that is one of their plus points to car insurance seekers. You may check more info on these page reviews:

      Be sure to read through the terms, conditions, and features of the policies you’re interested to ensure you’re getting the right one for you.

      I hope this helps.

      Best regards,
      Rench

    Default Gravatar
    MandyMarch 22, 2017

    I love all the options displayed but looking for comprehensive with road side assistance in all states. Can I have this as an add on option?

      AvatarFinder
      ZubairMarch 27, 2017Finder

      Hi Mandy,

      finder.com.au is a comparison and information service and not actually an insurer.

      The table on our comprehensive car insurance page lists some of the insurers in our panel who provide cover for 24/7 roadside assistance.

      You can also get in touch with your chosen insurer directly and confirm if they can provide the cover you’re looking for.

      All the best,
      Zubair

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