Car insurance VIC

We sourced 31 car insurance providers in Victoria to help you compare costs and find the best car insurance for your needs. 

Compare car insurance VIC

Product FCI Finder Score Roadside Assistance Accidental damage Agreed or Market Value
Finder Score
Agreed or Market
Summary: One of the only insurers to automatically include roadside assistance. It also won 12 out of the 22 categories in Finder's 2024 customer satisfaction awards.

Winner of 12 out of the 22 categories in Finder's 2024 customer satisfaction awards. Yes, that many.
Finder Score
Optional
Agreed or Market
Summary: Coles Comprehensive Car Insurance includes the benefits you’d expect, plus features like grocery replacement (up to $200 if damaged or stolen. T&C’s apply). You’ll also collect 2 Flybuys points for every $1 you spend at Coles when you link your Flybuys (max cap, exclusions and eligible purchases apply).

⭐ Current offer: Save 15% off your first year’s premium when you take out a new Coles Car Insurance policy online. T&Cs apply.

Who it might be good for: Those who want great quality cover and more rewards with Flybuys.
Finder Score
Optional
Agreed or Market
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.
Finder Score
Agreed
Summary: ALDI's comprehensive insurance policy covers your car for an agreed value and a variety of policy benefits.

Who it might be good for: Ideal for those seeking competitive coverage limits, though other products may have higher limits.
Finder Score
Agreed or Market
Summary: This goes further than most insurers. You get up to 2k for stolen keys, roadside assistance and rental car excess cover (for car rentals in Australia).

Who it might be good for: Those who want top cover for their car.
QBE Comprehensive
Green Company
QBE logo
Finder Score
Agreed or Market
Summary: Finder's 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).
Finder Score
Agreed
Summary: One of the most cost-effective insurers for under 25s, according to Finder research, with no aged-based excess.

⭐ Current offer: Get 10% off the base premium for the first 2 consecutive monthly policies and up to a 15% potential monthly discount from your 3rd month for being a safer driver. Minimum premiums may apply. T&Cs apply. Learn More.

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.
Finder Score
Optional
Agreed or Market
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 40,000 Qantas Points with every car insured by 29 January. Plus save 15% on your 1st year’s premium when you purchase online. T&Cs apply.

Who it might be good for: People who want more bang for their buck with Qantas Points.
loading

Finder Score for car insurance

We analyse over 100 car insurance products and rate each one on price and features. What we get out the other end is a nice round number between 1 and 10 to help you start comparing.

To make sure we're comparing apples with apples, we collect quotes for 8 different personas, then work out the value of 19 different car insurance features. Our team then does some fancy maths to get the Finder Score, taking both price and features into account.

Read the full Finder Score methodology

CTP insurance VIC

In Victoria, Compulsory Third Party is included with your rego. It's called the transport accident charge and it appears on the 'Registration Renewal Notice' VicRoads sends out.

The CTP insurance covers you for the injury or death caused by your vehicle to another person.

Make sure you renew your rego prior to the expiration date each year to ensure you are covered.

Best car insurance Victoria

As part of the 2024 car insurance awards, Finder's experts researched 31 popular car insurance providers in Victoria to find which policy offers the best value for money.

According to our research, Budget Direct offers the best value policy for drivers in Victoria.

Keep in mind, the best car insurance for you will depend on your personal circumstances and the level of cover you need. The top pick below should be used as a guide only.

Best value car insurance in Victoria: Budget Direct

Budget Direct car insurance
Best value car insurance 2023

What we like about Budget Direct

  • It's cheap. The average policy costs $1180 a year, according to our research – $540 less than average.
  • Very similar level of cover to other major insurers such as NRMA and Allianz.
  • Customers rate it highly. It scored 4.32/5 in the Finder Customer Satisfaction awards and other popular review websites.
  • Bingle was cheaper in the 2024 awards but doesn't cover as much
  • $500 limit for stolen or damaged personal items. AAMI's is $1,000.
  • Its product disclosure statement (PDS) is split over 2 documents which makes for unnecessary admin.
Get a quote

"I switched to Woolworths from another provider when I moved from NSW to Victoria. I was super happy with the product. They offered a great service at a decent price. In particular, I liked that they based the quote on mileage. Given I don’t do a lot of miles, I was able to secure a great rate. "

Harry A
Finder crew member

Cheap car insurance Victoria

Research from Finder's 2024 car insurance awards found Bingle car insurance to be the most budget-friendly car insurance for drivers in VIC.

Cheap car insurer in VIC: Bingle

Bingle car insurance logo

What we like about Bingle

  • Typically the cheapest comprehensive car insurer in Victoria according to our awards.
  • Our research showed it cost $565 less than the average comprehensive policy.
  • Covers accidental loss or damage to your car, including theft and weather events.
  • It's online only. Some customers have complained they're difficult to contact.
  • Not as many inclusions as other comprehensive plans e.g. no new for old car replacement.
  • You can't choose your own mechanic to fix your car.
More info

Cheap car insurance quotes in VIC

ProviderAnnual costApply
Picture not described$1,156More info
Budget Direct Logo$1,180Get quote
Rollin' car insurance$1,248Get quote
Virgin Money$1,254More info
Hume Bank Logo$1,280More info
AAMI$1,318More info
St. George$1,322More info
Westpac insurance$1,322More info
Qantas $1,333Get quote
Ozicare Logo$1,360More info

Car insurance methodology

Third party car insurance in VIC

  • Third party property car insurance. This covers you if you damage someone else's car or property. It doesn't cover repair costs for your car. It could be good if you have a cheap car and can afford to replace it if it was written off.
  • Third party, fire and theft car insurance. This does the same as third party, plus covers you for fire and theft. It doesn't cover repair costs for your car. It might be a good option if comprehensive cover is too expensive.

Third party car insurance costs

We sourced over 80 quotes from 15 popular car insurance providers in Victoria. Below is a breakdown of the pricing. Keep in mind, these quotes are based on a fictional driver and your own costs will differ.

ProviderAnnual costApply
AAMI Logo$569.74More info
GIO$570.54More info
Budget Direct Logo$579.57Get quote
Virgin Money$591.17More info
Qantas $672.16Get quote
Australia post$726.67More info
Picture not described$743.33More info
Everyday Logo$788.27More info
Youi$807.84Get quote
RACV logo$846.91More info
ProviderAnnual costApply
Budget Direct Logo$470.38Get quote
Virgin Money$479.78More info
Bingle logo$495.70More info
Qantas $551.51Get quote
GIO$560.97More info
Australia post$562.28More info
AAMI Logo$563.09More info
Youi$587.30Get quote
Picture not described$675.16More info
Kogan insurance$676.35More info

Car insurance methodology

FAQs

Gary Ross Hunter's headshot
Editor, Insurance

Gary Ross Hunter was an editor at Finder, specialising in insurance. He’s been writing about life, travel, home, car, pet and health insurance for over 6 years and regularly appears as an insurance expert in publications including The Sydney Morning Herald, The Guardian and news.com.au. Gary holds a Kaplan Tier 2 General Advice General Insurance certification which meets the requirements of ASIC Regulatory Guide 146 (RG146). See full bio

Gary Ross's expertise
Gary Ross has written 645 Finder guides across topics including:
  • Health, home, life, car, pet and travel insurance
  • Managing the cost of living

More guides on Finder

Ask a question

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms Of Service and Finder Group Privacy & Cookies Policy.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

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

Go to site