How much is car insurance?
The average comprehensive car insurance premium cost is $134 a month – but we’ve got third party policies starting from $18 a month.
![Image: Supplied Car Insurance](https://www.finder.com.au/finder-au/wp-uploads/2016/12/Car_Insurance_Supplied_1800x1000.jpg)
We researched over 30 comprehensive car insurance providers and 19 third party car insurance brands. We found the average annual car insurance premium costs:
Note: For information on how we got these quotes, see our car insurance methodology.
Average cost in Australia | New South Wales | Queensland | South Australia | Tasmania | Victoria | Western Australia | |
---|---|---|---|---|---|---|---|
Budget Direct | $992 | $1,148 | $941 | $978 | $829 | $1,180 | $880 |
Virgin | $1,057 | $1,214 | $1,013 | $1,046 | $880 | $1,254 | $934 |
Suncorp | $1,559 | $2,003 | $2,107 | $1,240 | $1,100 | $1,588 | $1,317 |
Everday | $1,552 | $1,861 | $1,356 | $1,402 | $1,218 | $2,070 | $1,403 |
Hume Bank | $959 | $900 | $1,036 | $922 | $783 | $1,280 | $831 |
ROLLiN' | $886 | $1,151 | $843 | $690 | $709 | $1,248 | $674 |
Bingle | $862 | $935 | $872 | $724 | $726 | $1,156 | $761 |
Huddle | $1,407 | $1,702 | $1,261 | $1,286 | $1,112 | $1,848 | $1,233 |
Real Insurance | $1,464 | $1,752 | $1,277 | $1,326 | $1,147 | $1,959 | $1,321 |
AAMI | $1,218 | $1,884 | $1,106 | $1,015 | $985 | $1,318 | $1,002 |
State | Cost |
---|---|
New south wales | $1,698 |
Victoria | $1,721 |
Queensland | $1,274 |
South australia | $1,233 |
Western australia | $1,242 |
Tasmania | $1,128 |
Age | Average cost |
---|---|
20 | $2,387 |
30 | $1,293 |
40 | $1,116 |
50 | $1,010 |
60 | $899 |
Brand | Cost |
---|---|
Virgin | $378.90 |
Budget Direct | $379.57 |
Bingle | $425.84 |
Qantas | $434.42 |
Australia Post | $449.69 |
Allianz | $481.65 |
Kogan | $515.04 |
AAMI | $516.02 |
NRMA | $524.56 |
GIO | $526.89 |
Why does your car insurance policy cost more than your mum's but less than what your best friend pays? The cost of car insurance is impacted by many factors, all of which are taken into account when calculating your premium. These include:
Aside from compulsory third party (CTP) insurance, which is mandatory for all Australian drivers, there are 3 levels of car insurance cover to choose from: comprehensive, third party fire and theft, and third party property damage. The policy you choose will influence the cost of cover due to:
As part of the underwriting process, the insurer will assess a number of factors about you and every other driver listed on the policy. Areas they'll examine include:
In the eyes of car insurance providers, not all cars were created equal. Some vehicles are more expensive to insure than others for several reasons, and insurers will consider the following factors when calculating your premium:
There are still plenty of other variables that can have a bearing on how much car insurance costs, including:
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