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We found an average difference of $2,643^ between two car insurance policies. How much could you save by comparing car insurance?

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Compare car insurance side-by-side and get quotes

Data indicated here is updated regularly

To compare car insurance products, simply tick the 'Compare' box on the left-hand side. This will bring up features that you can then compare with other brands. When you're ready to get a quote, just click the green 'Get Quote' button.

Name Product Roadside Assistance Accidental Damage Storm Choice of Repairer Agreed or Market Value
Budget Direct Comprehensive
Optional
Optional
Agreed or Market
Finder's summary: Awarded the 2019 Finder Award for the Best Value Car Insurance, this policy offers solid coverage at a low cost. Budget Direct’s claims service has received a 4.2/5 based on nearly 5,000 customer reviews.

Who it might be good for: People who want a comprehensive policy without breaking the bank.
QBE Comprehensive
Optional
Agreed or Market
Finder's summary: QBE is a sustainable insurance company and also Finder's Green Insurer of the Year 2020 Award winner. This policy offers the highest level of protection available from QBE including three-year new car replacement. You can also save $75 when you purchase a new comprehensive policy online. T&Cs apply.

Who it might be good for: Those that are looking for a more environmentally friendly insurance choice.
Virgin Comprehensive
Optional
Optional
Agreed or Market
Finder's summary: Finalists for the 2019 Finder Awards for Best Value Car Insurance, Virgin Comprehensive provides a good level of cover for a decent price. You'll get 15% off on your first year’s premium when you buy online and get access to its hail hero service. Plus, get a $100 e-gift card when you purchase a new policy by 30 November 2020 (T&Cs apply).

Who it might be good for: People who want a comprehensive policy that's affordable.
Qantas Comprehensive
Optional
Optional
Agreed or Market
Finder's summary: You'll be able to pick and choose how comprehensive you want your cover to be thanks to optional extras like roadside assistance, choice of your own repairer and the option of agreed or market value. Plus, you'll earn Qantas Points when you join and get access to the Qantas Wellness App.

Who it might be good for: People who love collecting frequent flyer points.
Poncho Comprehensive
Agreed
Finder's summary: Poncho works like a monthly subscription – you pay monthly and can cancel and leave at any time. You can also list multiple cars and drivers under one policy, making it ideal for families and groups living together under one household. As at November 2020, new and existing customers will receive a 30% premium reduction. T&Cs apply.

Who it might be good for: People who want their car insurance month to month.
Youi Comprehensive
Optional
Agreed or Market
Finder's summary: Youi Comprehensive Car Insurance is one of the few providers to include roadside assistance in its policy. You'll also get access to YouiRewards which gives you discounts on furniture, parking and more. Youi also has a live chat feature on its site to talk through any questions.

Who it might be good for: People over 25 who want comprehensive cover with a focus on customer service
Stella Comprehensive
Optional
Agreed or Market
Finder's summary: Stella’s a female-focused insurer. It'll cover you if your car is damaged as a result of domestic violence. It offers higher cover for baby gear than most, with up to $2,000 cover for prams, strollers and child seats. You get a free Bauer magazine subscription when you sign up and a portion of your premiums go to supporting female-led businesses.

Who it might be good for: Someone who wants a female-centred car insurance policy (it will cover men too).
Woolworths Comprehensive
Optional
Agreed or Market
Finder's summary: Woolworths catches our eye due to some unique perks like a price-beat guarantee, where it'll beat any current comparable comprehensive renewal notice if you're over 25. You'll also get 10% off your grocery shop once a month and can add roadside assistance onto your policy for just $7.35 per month.

Who it might be good for: Woolworths shoppers and those that want to take advantage of its price-beat guarantee.
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Compare up to 4 providers

Whether you're looking to switch insurers or find cover for a new car, Car Insurance Finder® helps you easily compare and find the right car insurance policy for you. Our aim is to make comparison something every Aussie does before they buy a product. So compare policy features, get a bunch of quotes, and see if you could be getting a better deal.

What is car insurance?

Car insurance is an agreement between you (the driver) and an insurer, in which you pay them a car insurance premium in exchange for them covering you in case something goes wrong. In Australia there are 4 levels of insurance. Compuslory Third Party (CTP) insurance is mandatory, and only covers injuries to other people and legal liability. If you want to cover your car or damage you might cause to other people's car, you'll need to look at extra insurance.

Your options are third party property damage, which covers damage you cause to other people's vehicles. Third party fire and theft polices cover you for that, plus any damage from fire and theft (surprise!). Comprehensive car insurance policies cover you if you're in an accident with someone else and need your vehicle repaired or replaced. It's the only type of policy that will cover you for pretty much any event, like storms, vandalism, and car crashes.

What types of car insurance can I get in Australia?

Comprehensive

Comprehensive

If you want top cover, this is the option for you.

It covers theft, vandalism, storms, flood, hail, fire, key replacement, emergency accommodation, hire cars, accidental damage (to name a few) - plus everything that's covered by cheaper policies.


Fire and theft

Third Party Fire & Theft

This gives you that little bit extra cover against life's uncertainties. This protects you if your car is stolen, as well as covering you for fire damage.

You're also covered if your car causes damage to someone else's property. But this type of policy won't really cover you if you're in an accident with another vehicle.


Third party property

Third Party Property Damage

The most basic policy. This provides coverage for any damages you may cause to someone else's vehicle or property.

This means that if you smash into a Mercedes, you won't be paying the repair costs from your own pocket. However, it won't cover your own repair costs.


CTP

Compulsory Third Party

Commonly known as greenslip insurance, CTP is mandatory for every registered driver in Australia, and is included in your car rego in many states.

If you crash into another driver and they have to go to the hospital for injuries, CTP will cover their hospital expenses. It won't cover your car or someone else's car.

How much would you rather pay for your car insurance?

Hire Car New Car Replacement Emergency travel & repairs
Insurer A
  • Extra cost
  • Extra cost
  • Included
Insurer B
  • Included
  • Included
  • Included

We collected real quotes from 12 well known Australian car insurance brands and found that the difference in the cost of car insurance can differ by up to $41 a month, or $414 a year! Insurer A is a budget car insurer, whilst Insurer B is a household car insurance name.

Whilst Insurer A is far cheaper than Insurer B, Insurer B actually offers far more cover, giving you benefits like hire car, new car replacement and emergency travel & repairs included in the cost of the policy. Insurer A does give you the option for these features, but you'll have to pay more to get them.

These prices are just indicative of how you can't just go off the cost of car insurance - you should also take into account what you're paying for. It's a good idea to not be tied to any insurer, and instead make your decision on cost and the kind of features available, depending on what's most important to you.

Our quotes were based off a female Sydneysider born in 1980, driving a 2015 Toyota Corolla.

How to compare car insurance

1. Review your policy yearly.

The longer you stay with your insurer, the more they will reward you, right? Wrong. Some Aussie's are paying more each year, just for being loyal to their insurers. A good way to combat this is to review your policy every renewal period. If you can find a better policy somewhere else, don't hesitate to take your business there. Don't just check the cost of your policy, but also see whether you still need the same level of cover that you have now. Priorities change!

2. Don't get tied to a brand.

Don't just fall for a brand because you've seen their ads on tv. These policies might even be more expensive to offset their advertising costs! Instead, look for policies that suit you and your unique circumstances. Short on cash? It might be better for you to go for a budget insurer. Driving a brand new car? Then it's probably best to go for one of the high-end brands.

3. Compare car insurance policies.

You're probably tired of hearing this, we know, but this is probably the most important tip to getting the best car insurance deal for you. Don't rely on one website to give you your answer (even us!). Set aside 30 minutes, fill in a bunch of quotes, compare car insurance, and make your decision off that.

4. Use autofill.

Autofill is a quick and easy way to get lots of quotes for the least effort. It allows you to fill out commonly entered information in your quote form, so you're not stuck entering your details over and over again. It can be found on most browsers and makes the job of comparing so much easier.

5. Read the PDS.

We know it's daunting, but this one is crucial. Make sure you understand what you're covered for. If you've been seeing the same mechanic for 20 years only to find that a policy doesn't let you choose your own repairer, chances are it won't work out.

How much does car insurance cost?

^ When comparing policies for our 2019 Finder Awards, we found an average difference of $2,643 between two car insurance policies. One averaged out at $682 a year, the other hit a whopping average of $3,325 a year! So think you're paying too much? You could be right. Compare policies and see how much you could save.

These costs are based on an average of 36 driver profiles across 6 states in Australia. For our full methodology, head to our Finder Awards page.

For more insights on how much car insurance costs and a cost comparison between Australian companies, head to our dedicated page on car insurance costs.

How does Finder compare car insurance?

Don't like flicking through fine print? Got better things to do than check if a car insurer offers roadside assist? We're here to help you Find Better.

At Finder we do all the heavy lifting for you. We spend countless hours looking through policy documents so you don't have to and highlight the important policy features in a table so you can compare policies side-by-side. We choose to compare car insurance features as we believe that the value of your policy is more important than the cost. Features we look at include:

  • Roadside assist
  • Accidental damage
  • Storm cover
  • Choice of repairer
  • Agreed or market value
  • And more

Compare car insurance quotes

While Finder doesn't have the facilities in place right now to provide car insurance quotes, we can help you narrow down your search by showing you which insurers offer the features that are important to you. And unlike many other comparators who only provide quotes or compare car insurance policies from insurers they have a relationship with, Finder provides an unbiased comparison of car insurers both inside and outside of our panel.

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Car insurance FAQs

Who offers car insurance?

What other guides does Finder have on car insurance?

Am I covered?

Will I be covered for driving off-road?

Some insurance policies will provide coverage for your vehicle if you are driving off-road, but you should check with your insurance company and always take safety precautions.

Are learner drivers covered under my insurance?

Generally, learner drivers will be included under your insurance. However, they may have to pay a larger excess if they have an accident. Remember, a fully-licensed driver must be in the passenger seat as an instructor, whenever a learner driver is in control of a vehicle.

Does car insurance cover all types of vehicle?

No. Some insurance companies will not provide coverage for certain vehicles. Common exclusions are; commuter buses, imported vehicles, rally cars, hearses, tractors, beach buggies, and vintage cars. If you aren't sure whether your vehicle is covered, contact the insurance company directly.

Can I tow a caravan on my car insurance?

As long as your caravan is roadworthy, it's covered by the registered towing vehicle's Compulsory Third Party (CTP) insurance

Am I covered if I have an accident while drunk?

No. Your insurance will be void if you have an accident while drunk or under the influence of drugs. Your claim may also be denied if you are taking prescription medication that impairs your ability to drive.

Will my insurance cover me to drive other cars?

No. Your car insurance won't cover you if you drive another person's vehicle. It only applies to the car listed on the insurance policy.

Does my car insurance cover rental cars?

No. Car hire companies will typically offer insurance which covers their vehicles, but your standard car insurance policy will not cover you if you damage a hire car while driving it.

Will my insurance cover for tools of trade?

Probably not. Most insurance companies will not cover tools of trade under a car insurance policy.

What happens if?

What happens if my car is a write-off?

If your vehicle is too damaged to repair, you will receive the amount covered or the agreed value. Some comprehensive policies will replace your car with a new vehicle, if your car was declared a write-off within the first two years of its first registration.

What happens if my car is stolen?

If you have comprehensive car insurance or third party fire and theft insurance, you will be covered if your car is stolen. However, some insurance policies enforce a waiting clause on stolen vehicles.

This gives the police time to recover your car. If your car is recovered with damage from theft, only a comprehensive insurance policy will pay out.

What if I want to modify my vehicle or make alterations?

If you intend to alter your vehicle so it's different from the standard model, you'll have to contact your insurance company and provide a list of the alterations, along with their monetary value.

What happens if another person lodges a claim against me?

If you receive a letter from someone claiming you're responsible for damage, do not respond but contact your insurance company immediately.

If you're present when an incident happens, exchange insurance details with the other driver - including name, insurance company, phone number and vehicle information. Do not admit fault and do not promise to cover any damage.

Get in touch with your insurance company as soon as possible, and let them know what happened, so they can help you with the process.

Will my insurance premiums go up if I make a claim?

It's highly likely your premiums will go up if you make a claim on your car insurance policy.

Understanding your policy

Will my policy renew automatically?

If you pay your premiums every month, the insurance company will continue to draw payment from your account on a regular basis.

However, if you pay your premium as an annual lump sum, your insurance company will typically contact you at least two weeks before the expiration date of your policy, with details about how you can renew.

How can I pay for a policy?

Usually, you can pay for car insurance on a monthly or annual basis. If you choose to pay monthly, your premium may be higher than if you'd paid a yearly lump sum.

How do excesses work?

An excess is the amount you are required to pay towards every claim you lodge. Generally, there are five types of excess that might apply to your car insurance policy:

  • Basic excess - The amount you are required to pay towards a claim
  • Voluntary excess - You can opt to set a larger excess to make your premiums cheaper
  • Age excess - Often, your insurance company will set a larger excess for young drivers
  • Inexperience excess - If you haven't held a licence for very long, you may have to pay a larger excess
  • Undeclared young driver excess - A larger excess may apply if someone under 25 is responsible for a claim, but isn't listed on the policy

If the insurance company agrees that you were not to blame for the accident, and you are able to offer the details of the driver who was at fault, you may have your access waived.

What does 'amount covered' mean?

The amount covered is the maximum sum an insurance company will pay for the damage or loss of your vehicle.This amount includes the entire value of the vehicle, alterations and accessories, as well as GST.

How can I cancel my car insurance?

In most cases, a car insurance policy can be cancelled by calling the insurance company or by sending in a written cancellation. Generally, if you cancel your policy outside the cooling off period, you'll receive a refund for the portion of your premium that has not yet expired.

Don't let the savings stop with your car insurance. If you purchased your car using a car loan, you could compare car loan refinancing options to save more. If you are researching and haven't purchased a vehicle yet, check out our car reviews section.

Read more on this topic

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56 Responses

  1. Default Gravatar
    AndyAugust 26, 2020

    Hello,

    I have heard some horror stories regarding car insurance companies not covering cars for theft if they leave their electronic keys in a portable steel coded safe attached to or in the vicinity of their vehicles whilst enjoying water sports.

    I have even heard one of the insurance companies who you have recommended here will advise customers they are covered when taking out the policy only to reject their claims if it happens.

    How can customers be better protected against these sorts of actions and be better informed?

    Cheers
    Andy

    • Avatarfinder Customer Care
      JoshuaAugust 27, 2020Staff

      Hi Andy!

      Thanks so much for getting in touch. Thanks for bringing this to our attention – it’s definitely a tricky one.

      A good start is always reading and understanding the terms and conditions of their policy. Many insurers will have a clause about where you can keep your keys as an agreement for getting cover.

      For example, Budget Direct state in their conditions of cover that “you or the person in charge or control of the car, lock the car, activate any required security devices and remove all keys from within, on, or in the immediate vicinity of the car when it is left unattended for any period of time.”

      This one is tough as there seems to be a bit of grey area in terms of what’s considered to be in the immediate vicinity of the car, which might be what’s leading to these issues.

      As an immediate fix, you might consider getting a little waterproof bag and keeping it on you – it’s definitely not ideal but it’s better than getting a claim potentially rejected.

      We’ll also endeavour to check through our content (especially our watersports and boating guides) and make sure these risks are clearer so customers are aware of these risks.

      Thanks so much, Andy. If you have other questions, please let me know.

      Regards,
      Joshua

  2. Default Gravatar
    lyleMarch 14, 2019

    to match Mi.S.O.S. 30day temporary auto. license plate,can i buy only 30 days of auto. insurance????

    • Default Gravatar
      NikkiMarch 15, 2019

      Hi Lyle,

      Thanks for getting in touch! You can get car insurance for only 30 days however there isn’t a specific policy that offers this. What you can do, however, is take out a normal car insurance policy, choose to pay monthly, then just cancel your policy when you don’t need it anymore. The cancellation fee for many car insurance policies sits around $40.

      Keep in mind that if you make a claim, you’ll probably need to pay out the rest of the years premiums before your claim is processed.

      I hope this helps!

      Best,
      Nikki

  3. Default Gravatar
    GavinDecember 18, 2018

    If you car is stolen and not recovered how long is it before the insurance company has to settle the claim
    thanks

    • Avatarfinder Customer Care
      MayDecember 20, 2018Staff

      Hi Gavin,

      Thanks for your question.

      The turn around time for your car insurance claim (for a stolen car) would actually vary depending on your insurer and how fast you would also gather the documents required for the claim. Foremost, you would need a police report. Pertinent insurance form should also be filled. Best to directly check your insurer to confirm the processing the time. There’s a guide on this page about how you can process a car insurance claim which might be useful.

      Hope this has helped.

      Cheers,
      May

  4. Default Gravatar
    SuzanneAugust 23, 2018

    Hi,

    My Partner has just recently got his full licence. When he was on a provisional licence he had a temporary suspension due to racking up points from a minor speeding ticket (10km over the limit) and being caught on his phone while driving, because he was provisional he had limited points and got suspended for 3 months. Now he has a full licence, the ban was 6 months or more ago – is he able to get insurance now as a full licence driver with a minor record?

    Thanks.

    • Avatarfinder Customer Care
      JoshuaAugust 28, 2018Staff

      Hi Suzanne,

      Thanks for getting in touch with finder. I hope all is well with you. :)

      Yes, your partner can still obtain an insurance policy even if he has a minor record. However, your partner might be considered as a high-risk driver. Depending on the insurer, there are different categories being used to determine the level of risk for each driver.

      Your category will affect your premiums, and your category is generally determined by a combination of risk factors, which can both raise and lower your premiums by different amounts. It can be a good idea to get a solid understanding of the factors affecting car insurance premiums, so you can easily pick out ways to reduce your costs.

      You may want to read our guide entitled High-risk car insurance to learn more.

      I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.

      Have a wonderful day!

      Cheers,
      Joshua

  5. Default Gravatar
    JaneJune 7, 2018

    How do i get this app to work? Stupid I know but i want quotes for comprehensive insurance for my Toyota Aurion.

    • Default Gravatar
      JoelJune 7, 2018

      Hi Jane,

      Thanks for leaving a question on finder.

      finder does not have a native mobile or computer app. You can browse and see comparison directly from your browser by going to finder.com.au. If you are looking for comprehensive insurance, please go HERE to compare and read our guide.

      Cheers,
      Joel

  6. Default Gravatar
    SydntooliMay 31, 2018

    I have an automatic Honda Jazz, with the 1.3 litre engine, 8 years old. Cheapest quote for comprehensive insurance?

    • Avatarfinder Customer Care
      JhezMay 31, 2018Staff

      Hello Sydntooli,

      Thank you for your comment.

      Comprehensive car insurance provides the highest level of protection for your vehicle. I am unable to predict which insurer gives the cheapest quotes because there are many factors affecting the cost of your car insurance. You may want to read our guide and tips about comprehensive car insurance. There are direct insurers in our panel that you may contact and check the quotes from. They can provide you quotes according to the status of your car and other factors.

      Regards,
      Jhezelyn

  7. Default Gravatar
    lucyFebruary 7, 2018

    Please advise an insurance company that provides car insurance for uber seats

    • Avatarfinder Customer Care
      JonathanFebruary 26, 2018Staff

      Hi Lucy, thanks for your inquiry.

      Please compare rideshare insurance options on this page.

      Best,

      Jonathan

  8. Default Gravatar
    KarenOctober 16, 2017

    Hi! I chauffeur for a WA company & use their vehicles. I have signed a contract stating that in an event of an accident, I will have to pay $1000.00 excess. I was told that I can reduce the excess if I take out an insurance cover?

    Could you suggest which company(ies) that would be able to assist me, please?

    Thank you

    • Default Gravatar
      DanielleOctober 19, 2017

      Hi Karen,

      Thank for your enquiry.

      Whilst we cannot recommend or suggest a specific insurer for you, since your preference and requirements may vary, however, you may check out this page for a comparison and guide to car insurance excess.

      Please compare your options from the selection of various insurers and options then click the green ‘Get Quote’ button to request for a quote from your preferred insurer.

      I hope this helps.

      Cheers,
      Danielle

  9. Default Gravatar
    nicJune 7, 2017

    I forgot to renew my insurance and now my car has been stolen 3 weeks after my due date. Is there a grace period or something to help the situation or am I simply not covered?

    • Default Gravatar
      JonathanJune 7, 2017

      Hi Nic!

      Thanks for the comment.

      Some insurers may have a cooling off period on their policies and if you take it, they may be able to refund all your premiums but it still means you are not covered.

      You can contact your insurer about their policy on this matter.

      Hope this helps.

      Cheers,
      Jonathan

  10. Default Gravatar
    HannaApril 11, 2016

    I am not able to find any insurer that will insure me because of my claims history- 2 in 2013 and 1 this year. I was suggested to check findaninsurer but have tried 5-6 providers with no luck. Can you suggest any insurance providers that accept customers with previous claims?

    • Avatarfinder Customer Care
      RichardApril 11, 2016Staff

      Hi Hanna,

      Thanks for your question. finder.com.au is a comparison service and we are not permitted to provide our users with personalised financial advice or make product recommendations. I am unaware of any car insurers that specifically offer cover for people with claims history.

      All the best,
      Richard

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