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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

Name Product Roadside Assistance Accidental damage Agreed or Market Value Finder Score
Bingle Comprehensive
Market
4.5/5★★★★★
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.
Budget Direct Comprehensive
Optional
Agreed or Market
5/5★★★★★
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
Agreed or Market
5/5★★★★★
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
Agreed or Market
3.5/5★★★★★
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
5/5★★★★★
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
Agreed or Market
2.5/5★★★★★
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).
Qantas Comprehensive
Optional
Agreed or Market
5/5★★★★★
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 30,000 Qantas Points with every car insured by 30 September. 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.
RACV Comprehensive
Agreed or Market
N/A★★★★★
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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

  • 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.

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

  • 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.

Cheap car insurance quotes in VIC

ProviderAnnual costApply
Picture not described$1,156Get quote
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$726.67Get quote
Picture not described$743.33More info
Everyday Logo$788.27Get quote
Youi$807.84Get quote
RACV logo$846.91More info
ProviderAnnual costApply
Budget Direct Logo$470.38Get quote
Virgin Money$479.78More info
Bingle logo$495.70Get quote
Qantas $551.51Get quote
GIO$560.97More info
Australia post$562.28Get quote
AAMI Logo$563.09More info
Youi$587.30Get quote
Picture not described$675.16More info
Kogan insurance$676.35More info

Car insurance methodology

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FAQs

Gary Ross Hunter's headshot
Editor, Insurance & Innovations

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 730 Finder guides across topics including:
  • Health, home, life, car, pet and travel insurance
  • Managing the cost of living

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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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