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You might prefer to do your grocery shopping at one over the other, but who offers the better car insurance? To make your decision easier, we've put together a list of features to see who offers the best car insurance policy for you.
What's the difference between Coles and Everyday car insurance?
With Everyday car insurance, you'll receive $50 per day for up to 14 days for a car hire if your car is stolen, while Coles will pay $75 per day for the same length of time. Both offer hire car after an accident as an optional benefit.
Everyday also has a 'Drive Less Pay Less' car insurance policy tailored to part-time drivers. If you drive less than 15,000km a year, you can qualify for comprehensive car insurance but with a lower premium.
If you have a good driving record, then Coles might be the more suitable provider for you. They offer a no claims discount to drivers with a good insurance record and no at-fault claim. Coles also provide $200 grocery replacement cover, while Everyday do not.
How do the brands compare?
Coles Comprehensive
Everyday Comprehensive
Underwriter
Insurance Australia Limited (IAL)
The Hollard Insurance Company Pty Ltd
Accidental Damage
Damage to other people's car
Bonuses
10% online discount
10% off your monthly grocery shop. T&Cs apply.
Roadside assistance
Optional
Optional
Agreed or market value
Agreed or Market
Agreed or Market
Choice of repairer
Legal liability
$20,000,000
Yes - $20,000,000
Fire and theft
Storm
Flood
Hire car after theft
Yes - Up to $75 per day (Max 14 days)
Yes - Up to $50 per day - (Max 14 days)
Hire car after no fault accident
Optional - Up to $50 per day
Hire car after at fault accident
Optional - Up to $75 per day (Max 14 days)
Optional - Up to $50 per day - Up to maximum hire period shown on the Certificate of Insurance
Emergency repairs
Yes - $500
Yes - $500
Emergency travel and accommodation costs
$500
Yes - $500
New car replacement
2 years
2 years
Personal effects/property
$500
$500
Locks and keys replacement
$1,000
Yes - $1,000
Emergency repairs
Towing
Trailer cover
$1,000
$1,000
Important
Limits, exclusions and terms and conditions apply. Read the Product Disclosure Statement.
Limits, exclusions and terms and conditions apply. Read the Product Disclosure Statement.
Both Coles and Everyday offer very similar levels of coverage. For instance, both offer a $500 benefit for personal property, $1,000 for trailer and caravan cover, $500 for emergency travel and accommodation costs, $500 for emergency repairs and $1,000 for locks and key replacement. The only small, $5 difference is in their daily allowance for car hire after theft.
What companies does each underwriter work with?
Coles is underwritten by Insurance Australia Limited (IAL), the largest general insurance company in Australia and New Zealand. IAL underwrite almost $12 billion of premium per year. Everyday, on the other hand, is underwritten by the Hollard Insurance Company Pty Ltd. Hollard are a global insurer originally based in South Africa. They now provide insurance in Europe, India, China, Australia and New Zealand.
Why you can trust Finder's car insurance experts
We're free
You pay the same as buying directly from the car insurer. Better still, we regularly run exclusive deals that you won't find on any other site – plus, our tables make it easy to compare policies.
We're experts
Our team of car insurance experts have researched and rated dozens of policies as part of our Finder Awards and published 330+ guides to make it easier for you to compare.
We're independent
Unlike other comparison sites, we're not owned by an insurer. That means our opinions are our own and we work with lots of car insurance brands, making it easier for you to find a good deal.
We're here to help
Since 2014, we've helped 300,000+ people find car insurance by explaining your cover options, simply and clearly. We'll never ask for your number or email. We're here to help you make a decision.
Gary Ross Hunter is 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, news.com.au, The Telegraph, Explore Travel and Escape. Gary holds a Kaplan Tier 1 General Insurance (General Advice) certification and a Kaplan Tier 1 Generic Knowledge certification which meets the requirements of ASIC Regulatory Guide 146 (RG146).
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