NAB Car Insurance

NAB performed well in the 2024 Finder Car Insurance Awards, with affordable premiums and strong policy benefits.

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NAB

Our verdict

Pros

  • NAB's premiums are 24% cheaper than average, according to Finder research
  • Generous hire car benefits of $100 if your car is stolen
  • Option to add Optional - $3,000 in cover for tools of trade

Cons

  • Drivers over 50 will likely be able to find cheaper car insurance elsewhere
  • Only covered for emergency repairs, whereas some brands offer up to $1,000
  • If you want roadside assistance, you'll have to go through a different provider

How does NAB compare with other car insurers?

We obtained quotes across a range of providers for a 30 year old male based in NSW.

5 of 5 results
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$1,117.48
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$1,434.73
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NRMA logo
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$2,166.09
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AAMI logo
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$2,075.50
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Allianz logo
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$1,917.48
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Customer reviews

Compare NAB's policies

Finder Score Accidental damage Roadside assistance Fire and theft New Vehicle Replacement Hire car after theft
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  • If your car is written off in the first 2 years
  • Up to $100 per day - Up to 30 days
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    Finder Score for car insurance

    We analyse over 30 car insurance products across insurance providers, and rate each one for price and features. We collect up to 36 quotes per product, for male and female drivers in New South Wales, Victoria, Queensland, South Australia, Tasmania and Western Australia. Quotes are collected for 20 year olds, 30 year olds and 60 year olds, assuming an excess of $850 for a 2020 Toyota Corolla 4 door sedan model, with an average 15,000 kms driven each year. We use your responses to our quiz to pair you with the closest price profile and while we are not allowed to display actual quotes, our price score aims to serve as an indicative guide to how cost competitive a product might be for you.

    Our feature score assesses each product for more than 15 features across loss and damage coverage, repairs and assistance coverage, personal items coverage and policy coverage. Features we assess include but are not limited to legal liability, essential repairs, new car replacement, car hire events, roadside assistance, agreed or market value, windscreen damage and natural disaster coverage.

    Depending on your answers to our car insurance quiz, we upweight the relevant price score or feature score to generate a dynamic Finder Score (80% weighting on the primary selection between Price or Feature). Finder Score, Price Score and Feature Score are only to be used as indicative guides and are not product recommendations.

    Read the full methodology

    NAB's third party fire & theft policy is no longer available to new customers.

    What additional cover options are available?

    NAB offers a range of customisation options so drivers can tailor their policies, including:

    • Rental car following an accident - $100 if your car is out of action following an insured accident
    • No excess windscreen claims - claim up to two repairs and one replacement each year on your windscreen, sunroof or window glass, without paying an excess
    • Tools of trade - Claim Optional - $3,000 if your properly-secured tools of trade are stolen or damaged in an insured incident

    FAQs

    Sources

    Nicola Middlemiss's headshot
    Journalist

    Nicola Middlemiss is a journalist with nearly a decade of experience in personal finance and insurance. She has contributed to Domain, Yahoo Finance, Money Magazine and Insurance Business Australia, offering in-depth insights into commercial insurance in the Australian market. Nicola holds a Bachelor’s degree in English from the University of Leeds and a Tier 1 General Insurance (General Advice) certification, which complies with ASIC standards. See full bio

    Nicola's expertise
    Nicola has written 257 Finder guides across topics including:
    • Personal finance
    • Personal insurance, including car, health, home, life, pet and travel insurance
    • Commercial business insurance

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    2 Responses

      Default Gravatar
      JacquesJune 21, 2017

      VW Touareg 2007 6 cylinders driving less 5km per year, currently on 120$ per month. I would want to pay less.

        Default GravatarFinder
        RenchJune 22, 2017Finder

        Hi Jacques,

        Thanks for your inquiry.

        Please visit this page for helpful info on how you can pay less for car insurance and where you can compare your option:
        cheap* car insurance

        Hope this information helped

        Cheers,
        Rench

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