High-performance car insurance

Powerful, high-performance vehicles can benefit from the right type of car insurance.

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You could be driving a regal Mercedes, or just a Commodore car with a modified engine. Either way, your high-performance vehicle might not get everything it needs from a standard car insurance policy.

Often, standard insurers can only be convinced to cover cosmetic modifications as an extra on a policy and not ones which enhance your vehicle's performance. Read on to find out how to get the right kind of insurance for your high powered vehicle or prized sports car.

Compare standard and specialised insurance for high performance cars

Name Product Roadside Assistance Accidental Damage Storm Choice of Repairer Agreed or Market Value
Coles Comprehensive
Agreed or Market
Finder's summary: With Coles comprehensive car insurance, you could earn double flybuys points at Coles supermarkets and you can get $10 off your Coles grocery bill every time you redeem 2,000 Flybuys points. Also, get up to $200 for damaged or stolen groceries.

⭐ Current offer: Get 10% off your first year's premium when you take out a policy online. T&Cs apply.

Who it might be good for: Coles customers and Flybuys collectors.
Australia Post Comprehensive
Agreed or Market
Finder's summary: Australia Post car insurance offers comprehensive cover for things like theft, fire, new for old replacement and emergency accommodation and transport. Cover also extends to anyone who uses your car, not just you.

⭐ Current offer: Get $75 online discount + $100 gift card when you purchase by 11 July 2021. T&Cs apply.

Who it might be good for: If multiple people use the one car and you don’t want to worry about listing all drivers.
Virgin Comprehensive
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.

⭐ 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.
Budget Direct Comprehensive
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.

⭐ Current offer: Get 15% discount on first year's premium when you take out a policy online. T&Cs apply.

Who it might be good for: People who want a comprehensive policy without breaking the bank.
Bingle Comprehensive
Finder's summary:Bingle consistently comes up as one of the cheaper insurers out there. It only covers the basics. You don't get to choose your own repairer, you're not covered for personal items in the car and unless you add it as an option, you won't get a hire car if your car is stolen. But this keeps its premiums low.

Who it might be good for: Someone who wants a low-cost option that covers them for the basics.
Qantas Comprehensive
Agreed or Market
Finder's summary: You'll be able to choose how comprehensive you want your cover to be with optional extras like choice of repairer and the option of agreed or market value.

⭐ Current offer: Earn Qantas Points for joining and paying your premium. Sign up today and earn up to 20,000 Qantas Points (points awarded will be based on your premium). T&Cs and eligibility apply.

Who it might be good for: People who'd like to earn Qantas Points.
Stella Comprehensive
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.

⭐ Current offer: Get $50 cash back when you purchase online until 30 June 2021 using the code STELLA50. T&C apply.

Who it might be good for: Someone who wants a female-centred car insurance policy (it will cover men too).
Poncho Comprehensive
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.

Who it might be good for: People who want their car insurance month to month.
Huddle Black Comprehensive
Agreed or Market
Finder's summary: Huddle's black comprehensive is its cover with highest limits and exclusive benefits. It includes roadside assistance. You can also get up to $2,000 for emergency travel and accommodation and up to $30 million legal liability cover.

Who it might be good for: Someone who wants a 24/7 claims processing.
PD Comprehensive
Finder's summary: PD comprehensive car insurance policy lets you buy, manage, and start your claims process online. It includes cover for emergency repairs up to $500 and free windscreen chip repair. Ability to customise your extras cover.

⭐ Current offer: New policyholders can enjoy 15% off on their first year's premium. T&Cs apply.

Who it might be good for: Those with low claims history and the only driver.
Youi Comprehensive
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.
Real Comprehensive
Agreed or Market
Finder's summary: Real Comprehensive Car Insurance provides similar coverage to other insurers for the important stuff like looking after your car if it's stolen or you crash. They're also one of the few insurers who offer a Pay As You Drive policy, so you might be able to save big if you don't drive much.

Who it might be good for: Those that don't drive much can take advantage of their Pay As You Drive policy.
ahm Comprehensive
Finder's summary: ahm comprehensive car insurance lets you choose higher excess to reduce your premiums. Its Fixed Kilometre Plan can save you up to 30% compared to its standard comprehensive cover.

⭐ Current offer: Get up to 15% off when you purchase a new car insurance policy. T&Cs apply.

Who it might be good for: People who drive less than 15,000 km per year.
QBE Comprehensive
Green Company
QBE Comprehensive
Agreed or Market
Finder's summary: QBE is a sustainable insurance company and also Finder's Green Insurer of the Year 2021 award winner. This policy offers the highest level of protection available from QBE including three-year new car replacement.

⭐ Current offer: 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.
Woolworths Comprehensive
Agreed or Market
Finder's summary: Woolworths has some unique perks like a price-beat guarantee where it'll beat any current comparable comprehensive renewal notice if you're over 25. You can also get 10% off your grocery shop once a month and can add roadside assistance onto your policy for just $7.35 per month.

⭐ Current offer: Save up to 15% when you buy online. T&Cs apply.

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

Compare up to 4 providers

InsurerCover provided
Shannons Logo Image: Supplied


  • All imports
  • Classic and vintage vehicles
  • Modified cars
MB group logo Image: Supplied

MB Insurance

  • Prestige and luxury cars
  • High performance cars
Enthusiast logo Image: Supplied


  • Vintage and classic cars
  • Exotic, rare and prestige cars
  • Modified vehicles
Lumley logo Image: Supplied


  • Imported classics
  • Vintage cars and motorcycles
  • Modern classics
Famous logo Image: Supplied

Famous Insurance

  • Vintage and classic cars
  • High performance vehicles

RACQ Logo Image: Supplied

RACQ (Queensland)

  • Vintage and classic cars
  • Modified and performance cars

What high performance car insurance exists?

Cover for high-performance vehicles in Australia can typically be obtained in one of two ways. Which option you go for depends largely on your vehicle and type of driving you do.

  • Standard insurers. Some providers will cover high performance cars for either an extra on your premium for a standard comprehensive car insurance policy, or as a separate "hard to place" policy.
  • Specialist insurers. There are a number of insurers who specialise in modified vehicles and will cover a wider range of models and uses. They understand that if you've gone to the trouble of buying (and improving) your prized vehicle, you're going to want to care for it the best you possibly can.

Do you need high performance car insurance?

There are certain modifications that will almost guarantee that you'll need specialised high performance insurance or sports car insurance. These include:

  • A reprogrammed or chipped engine control unit (ECU)
  • Non standard wheel fitments that affect performance, such as custom sizes and aftermarket rims.
  • Performance exhausts
  • Lowered, raised or otherwise modified suspension (like coilovers)
  • Nonstandard brake pads, discs (ventilated and drilled/slotted) or other brake modifications
  • Nonstandard supercharged engines, nitro or hydrogen fuel equipped engines or any other engine modifications
  • Racing harnesses, bucket seats, roll bars or roll cages
  • Modifications to the transmission (such as a 2WD to 4WD conversion or gearbox retrofit)
  • Custom fuel systems (like aftermarket fuel tanks, braided lines and uprated fuel pumps).
  • Adjustments to the steering (such as a faster steering rack)

In general, standard insurers tend to cover cosmetic and luxury modifications to some extent, but if you have a modification which affects the ride, handling, power output or manufacturers original specification, standard insurance might not cut it. There are also several high performance sports car brands, like Lamborghinis and Ferraris, which standard insurers will be reluctant to cover.

Things to keep in mind with high performance car insurance

If your car sits somewhere in the middle and you're trying to decide between standard insurance and specialist insurance, consider the following benefits usually offered by specialist insurers for your high powered vehicle:

  • Salvage rights. If you end up in a crash, you have the right to keep potentially expensive damaged parts and pieces.
  • Agreed value. Standard insurers tend to cover your vehicle for market value. For prestige or high performance cars, this can be highly volatile. Specialist insurers will by default go for an agreed-upon insured value that you decide when taking out your policy.
  • Choice of repairer. This can be a big deal for your modded car. Standard insurers will generally nominate a repairer you must take your car to; specialists will allow you to take it to where it will be fixed up best. Meaning you can go to a place you trust and that perhaps focus entirely on modified/performance cars.
  • Extra replacement benefits. Many standard policies will limit replacement of your vehicle from 12 months to a couple of years. Specialists can offer longer term replacement, as well as offering it for a wider range of situations, such as motor racing.
  • Modifications cover. Standard insurers tend to limit the number of modifications they'll cover to a small number of interior or cosmetic changes. Specialists will allow a wider swathe of modifications, including performance mods, and still offer you reasonably priced cover.

Picture: Getty Images

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