Stats crunched by Mozo Experts
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61Car Insurance Policies
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53Insurance Companies
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7Award Categories
A big round of applause to the 2024 winners of the Mozo Experts Choice Awards for Car Insurance. To determine which car insurance policies deliver the best value for Australian drivers, our team of expert judges assessed 61 car insurance policies.
If you’re looking for insurance coverage when you hit the road, our winners list below outlines the policies that offer the best value and is a great place to begin your search.
Standout Winners
Australia's Best Value Car Insurer
Budget Direct has once again been crowned our Value Insurance Provider of the Year. This marks six years in a row for Budget Direct has taken out one of our major awards. Their insurance policies continue to deliver low prices while maintaining solid cover limits according to our assessment and are worthy of consideration for anyone where value for money is a key consideration when purchasing car insurance.
Congratulations to:
Budget Direct
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Gold Comprehensive Car Insurance
- Agreed or Market Value
- Agreed or Market
- Choice of Repairer
- Optional Extra
Australia's Best Quality Car Insurer
NRMA Insurance has been recognised as Australia's Best Quality Car Insurer for their outstanding features and coverage in car insurance. Their dedication to providing top-tier protection is highlighted by their success in winning two prestigious car insurance quality awards. These awards were earned through their exceptional Comprehensive Car Insurance and Comprehensive Plus Car Insurance products.
Congratulations to:
NRMA Insurance
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Comprehensive Plus Car Insurance
- Agreed or Market Value
- Agreed or Market
- Choice of Repairer
- Optional Extra
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Comprehensive Car Insurance
- Agreed or Market Value
- Agreed or Market
- Choice of Repairer
- Optional Extra
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Comprehensive Basics Car Insurance
- Agreed or Market Value
- Agreed or Market
- Choice of Repairer
- No
Exceptional Value Car Insurance
For those looking for comprehensive car insurance at the lowest cost, the below winners are a great place to start your search. Our judges applied a cost assessment across more than 10,000 unique quotes and found the insurance providers that more often offered lower premiums than the competition to determine the winners outlined below.
Congratulations to:
Australia Post, Bingle, Budget Direct, ING, KOBA Insurance, NRMA Insurance, RAC, RACT, Real Insurance, and ROLLiN'
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Comprehensive Car Insurance
- Agreed or Market Value
- Agreed or Market
- Choice of Repairer
- Optional Extra
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Gold Comprehensive Car Insurance
- Agreed or Market Value
- Agreed or Market
- Choice of Repairer
- Optional Extra
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Comprehensive Car Insurance
- Agreed or Market Value
- Agreed
- Choice of Repairer
- No
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Comprehensive Car Insurance
- Agreed or Market Value
- Market
- Choice of Repairer
- No
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Comprehensive Car Insurance
- Agreed or Market Value
- Agreed or Market
- Choice of Repairer
- Optional Extra
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Comprehensive Car Insurance
- Agreed or Market Value
- Agreed
- Choice of Repairer
- No
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Comprehensive Car Insurance
- Agreed or Market Value
- Agreed or Market
- Choice of Repairer
- Optional Extra
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Comprehensive Plus Car Insurance
- Agreed or Market Value
- Agreed or Market
- Choice of Repairer
- Optional Extra
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Comprehensive Car Insurance
- Agreed or Market Value
- Agreed
- Choice of Repairer
- Yes
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Comprehensive Car Insurance
- Agreed or Market Value
- Agreed
- Choice of Repairer
- No
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Pay As You Drive Car Insurance
- Agreed or Market Value
- Agreed or Market
- Choice of Repairer
- No
Exceptional Value Young Driver Insurance
Finding a car insurance policy for drivers under 25 years old that is not only competitively priced, but that doesn’t include high excesses, can be challenging. This year our judges identified which policies most often have the best prices for young drivers.
Congratulations to:
Budget Direct, ING, NRMA Insurance, RACV, ROLLiN', and Virgin Money
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Gold Comprehensive Car Insurance
- Agreed or Market Value
- Agreed or Market
- Choice of Repairer
- Optional Extra
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Comprehensive Car Insurance
- Agreed or Market Value
- Agreed
- Choice of Repairer
- No
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Comprehensive Car Insurance
- Agreed or Market Value
- Agreed or Market
- Choice of Repairer
- Optional Extra
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Comprehensive Basic Car Insurance
- Agreed or Market Value
- Agreed or Market
- Choice of Repairer
- No
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Comprehensive Car Insurance
- Agreed or Market Value
- Agreed or Market
- Choice of Repairer
- Optional Extra
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Comprehensive Car Insurance
- Agreed or Market Value
- Agreed or Market
- Choice of Repairer
- Optional Extra
Exceptional Value Senior Driver Insurance
Our judges assessed thousands of quotes for drivers over the age of 55, and like our other Value awards, compared this against acceptable minimum cover levels to find the winning policies for this year’s awards. If you are a senior looking for comprehensive car insurance at a competitive price, the winners below are a great place to start.
Congratulations to:
AAMI, Apia, Bingle, Budget Direct, GIO, and KOBA Insurance
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Gold Comprehensive Car Insurance
- Agreed or Market Value
- Agreed or Market
- Choice of Repairer
- Optional Extra
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Comprehensive Car Insurance
- Agreed or Market Value
- Agreed
- Choice of Repairer
- No
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Comprehensive Car Insurance
- Agreed or Market Value
- Agreed or Market
- Choice of Repairer
- Yes
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Comprehensive Car Insurance
- Agreed or Market Value
- Market
- Choice of Repairer
- No
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Comprehensive Car Insurance
- Agreed or Market Value
- Agreed or Market
- Choice of Repairer
- No
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Comprehensive Car Insurance
- Agreed or Market Value
- Agreed or Market
- Choice of Repairer
- No
Exceptional Value EV Insurance
As the electric car market continues to evolve, we’ve carried out an extensive cost assessment by analysing hundreds of quotes specifically for electric vehicles. This evaluation allows us to identify the best insurance options available. Below is a list of the winners in this category, showcasing those that offer the most competitive value for electric car owners.
Congratulations to:
Bingle, NAB, RACT, and Westpac
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Comprehensive Cover
- Agreed or Market Value
- Agreed or Market
- Choice of Repairer
- Yes
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Comprehensive Insurance
- Agreed or Market Value
- Agreed or Market
- Choice of Repairer
- Yes
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Comprehensive Car Insurance
- Agreed or Market Value
- Market
- Choice of Repairer
- No
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Comprehensive Car Insurance
- Agreed or Market Value
- Agreed
- Choice of Repairer
- No
Exceptional Quality Car Insurance
For this award, we take into account how well the car insurance policy scores on a range of factors including choice of excess, choice of rental car during repairs, and personal property cover. Of the 61 policies assessed, we found these to offer the most generous levels of cover.
Congratulations to:
GIO, NRMA Insurance, RAA, RAC, RACV, and Suncorp
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Comprehensive Advantages Car Insurance
- Agreed or Market Value
- Agreed or Market
- Choice of Repairer
- Yes
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Platinum Car Insurance
- Agreed or Market Value
- Agreed or Market
- Choice of Repairer
- Yes
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Comprehensive Car Insurance
- Agreed or Market Value
- Agreed or Market
- Choice of Repairer
- Optional Extra
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Comprehensive Plus Car Insurance
- Agreed or Market Value
- Agreed or Market
- Choice of Repairer
- Optional Extra
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Premium Comprehensive Car Insurance
- Agreed or Market Value
- Agreed or Market
- Choice of Repairer
- Yes
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Comprehensive Car Insurance
- Agreed or Market Value
- Agreed
- Choice of Repairer
- Yes
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Complete Care Car Insurance
- Agreed or Market Value
- Agreed or Market
- Choice of Repairer
- Yes
What are the Mozo Experts Choice Awards?
Now in their eleventh year, the Mozo Experts Choice Awards present an opportunity to recognise products in the market we believe offer great value to Australians.
For the 2024 Car Insurance awards, our Experts assessed 61 car insurance policies head to head.
“Car insurance can be a large expense for households particularly when several members of a household own a vehicle,” said Peter Marshall, Mozo Experts Choice Awards judge.
“Whether your priority is to get insurance at the lowest cost, or you’d prefer to have the comfort of the most generous levels of cover, whether you are older, younger, or don’t drive very far, we’ve done the research to find policies that should be on your shortlist.”
For full details on how we crunched the numbers, the awards criteria and how we determined the winners, see the 2024 Mozo Experts Choice Awards for Car Insurance methodology report.
Our Expert Judges
We couldn’t have a name like the Mozo Experts Choice Awards without a dedicated and experienced team of product data analysts at the helm. Combined they have decades of experience behind them. Meet them below.
FAQs
What’s the Judging Criteria for the Mozo Experts Choice Awards?
Running since 2014, the Mozo Experts Choice Awards recognise products that deliver exceptional value or benefits to consumers. See our 2024 Mozo Experts Choice Awards for Car Insurance methodology report for detailed information on how we performed product comparisons and determined the final winners for 2024.
Did you compare all car insurance providers in the market for these awards?
In carrying out the Mozo Experts Choice Awards for Car Insurance 2024, we compared 61 car insurance policies to find our results.
Any provider we review must be available at the time of our analysis and any offers included must be available to the general public on the provider’s website.
How do I find the cheapest car insurance policy?
A great place to start is by checking out the winners in the Exceptional Value categories. Our experts analysed the pricing and product data and determined these as the insurance policies offering the broadest range of insurance features at the most affordable price point when compared to similar products.
It’s important to understand that several factors go into determining the cost of car insurance, such as your driving history, location and vehicle make and model. So, you’ll still need to compare features and options to find a policy that is right for you and then get quotes to check prices.
Who are the Mozo Experts?
The Mozo Experts Choice Awards are overseen by AJ Duncanson and Peter Marshall. AJ is Mozo’s Data Director, a data scientist and actuary who has worked in financial services and product comparison for over 30 years. Peter has been in the industry even longer, and as Mozo's Financial Services Specialist he contributes to the team of analysts that gather information and compare products every day, and oversees the calculations and data quality used for producing the Mozo Experts Choice Awards.
I work for a winning provider, how do we promote our win?
Please get in touch with us to discuss by email should you have any queries.