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Hume Bank Car Insurance Review

Hume Bank won the 2024 Finder Car Insurance Award for features because it covers more than other car insurers but is still comparatively affordable. It was also highly commended in the value category.

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Our verdict

Pros

  • Its comprehensive policy came first-place in the Finder Awards for features and second-place for value.
  • Its policies are issued by Allianz – one of Australia's most well-known and trusted insurers.
  • Its comprehensive policy covers the essentials (accidental damage, weather events) plus lets you choose your own repairer.

Cons

  • You may be able to get a cheaper policy elsewhere e.g. Budget Direct or AAMI.
  • Look elsewhere if you want roadside assistance – Hume Bank doesn't offer this.
  • Like most insurers, you'll need to pay extra to remove the basic excess for windscreen replacement or repairs.

Congratulations, Hume!

Hume received the following awards in the 2024 Product Awards:

  • 'Car Insurance - Features' - Winner
  • 'Car Insurance - Value' - Highly Commended
  • 'Car Insurance - Low Cost' - Highly Commended
Full list of 2024 winners

How does Hume Bank compare with other car insurers?

As part of our 2024 car insurance awards, we compared 814 features and got over 1,800 quotes across 35+ comprehensive car insurance policies. Here's how Hume Bank performed next to other insurers.

Features

Hume Bank's comprehensive option covers a little more than budget brands. For example, you get to choose your own repairer and up to $1,000 towards personal items in your car that are stolen or destroyed.

Name Product Choice of repairer New Car Replacement Roadside assistance Hail, storm and flood damage
Hume Bank Comprehensive
  • If your car is written off in the first 2 years
  • Finder's summary: Hume's highest level of cover includes up to $500 for emergency repairs, up to $1,000 for re-keying/re-coding stolen keys, 14 days temporary cover on replacement vehicle, and more.

    ⭐ Current offer: Save up to 10% on your first year’s premium when you buy a new comprehensive car insurance policy online. T&Cs apply.

    Who it might be good for: People prepared to name specific drivers on their policy for lower premiums.
    Budget Direct Comprehensive
    Optional
  • If your car is written off in the first 2 years or 40,000 km
  • Optional
    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
  • If your car is written off or stolen in the first 2 years
  • 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.
    ROLLiN' Comprehensive
  • If your car is a total loss as a result of a covered event and has less than 15,000kms on the odometer
  • 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.
    Bingle Comprehensive
    Optional add-on
    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.
    Virgin Comprehensive
    Optional
  • If your car is written off in the first 2 years or is under 40,000 km
  • Optional
    Finder's summary: Finalists for the 2021 Finder Awards for Best Car Insurance - Value in VIC, QLD, SA, WA and TAS, Virgin Comprehensive provides a good level of cover for a decent price.

    ⭐ Current offer: Get 15% off on your first year’s premium when you purchase a new eligible comprehensive car insurance online. T&Cs apply.

    Who it might be good for: People who'd like to manage their policy online 24/7.
    Allianz Comprehensive
  • If your car is written off or stolen in the first 2 years
  • Finder’s summary: Allianz is good if you want agreed value (this lets you agree on an amount to cover your car for). For a big insurer, it also has a strong customer service record.

    Who it might be good for: Anyone who wants good customer service and agreed value cover.
    NRMA Comprehensive
    Optional
  • If your car is written off in the first 2 years
  • Optional
    AAMI Comprehensive Car Insurance
  • If your car is written off or stolen in the first 2 years
  • Optional
    Finder's summary: AAMI's comprehensive policy includes cover for legal modifications and accessories and up to $20 million cover for damage to other people's property. Optional extras like windscreen and window glass cover is also available.

    ⭐ Current offers: Save $50 when you buy a new comprehensive car insurance policy online. T&Cs apply.

    Who it might be good for: Safe drivers can benefit from the AAMI Safe Driver Rewards® program.
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    Price

    Hume Bank's comprehensive car insurance policy was one of the cheapest of those we analysed. Here's how it stacks up against some of Australia's most popular car insurers. Keep in mind car insurance prices are based on multiple factors such as where you live, your age and the car you drive – so costs may differ for you.

    InsurerNSWQLDSATASVICWAAustralia averageApply
    Hume bank logo$900$1,036$922$783$1,280$831$959More info
    AAMI$1,884$1,106$1,015$985$1,318$1,002$1,218More info
    Budget Direct Logo$1,148$941$978$829$1,180$880$992Get quote
    Nab Logo$1,079$1,138$948$880$1,469$932$1,074More info
    NRMA logo$2,027$1,154$1,038$1,004N/A$1,034$1,043More info
    Suncorp$2,003$2,107$1,240$1,100$1,588$1,317$1,559More info

    About our car insurance methodology

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