Looking for the cheapest car insurance? You’ve landed in the right place. Mozo has rounded up some of this month's top comprehensive car insurance deals from popular Australian insurers to save you time and money. Compare key policy details and discount offers before clicking to get a personalised online quote for your car.
Search promoted car insurance below. Advertiser disclosure.
Get award winning Car Insurance. Save 15% ^ on your first year’s premium when you purchase a new policy online. Budget Direct offers tailor-made cover, new-for-old replacement, 24/7 claims, a highly-rated claims service, and get a hire car following a theft.
Stella are changing the tune on car insurance, offering car made especially for women. Features include no claim reward, new car replacement, customise your policy and more. Enter your car rego and get a quick quote online.
Earn up 20,000 Qantas Points when you sign up for Qantas Car Insurance. Points awarded will be based on your premium. Get a quote to see how quickly the points add up. T&Cs apply.
Protect your journey with Virgin Car Insurance. Get 15% online discount on Comprehensive cover and receive a $100 e-Gift card* when you purchase a new eligible Virgin Car Insurance policy by 30 September, 2020 (T&C’s apply).
Easier, better, smarter car insurance. Say g’day to Poncho. They've taken the complicated out of car insurance and created a new route that's simple, u-turn free and keeps you in the driver’s seat. No cancellation fees, 24/7 online claims service and a policy that works just like a monthly subscription.
With many people driving less due to the current COVID-19 crisis, Youi are extending relief, offering new and existing clients a temporary 10% saving on car insurance premiums. Get a quote from the company that puts the people first.
Take advantage of Woolworth's Price Beat on any comparable Comprehensive renewal notice if you're over 25. Buy online and you could save up to 15% on your premium. Features Drive Less, Pay Less to reduce premiums. Get a quote today.
UbiCar provides low cost Comprehensive Car Insurance based on how YOU drive. Using technology to provide you the best pricing, based on your driving behaviour, they pass the savings directly to you. Online quote takes less than 3 minutes.
Join the 1,000’s of Australians already saving with Real Insurance. Real Insurance makes it easy to get the cover you’re after without compromising on quality. Buy online and save up to 10%.
^See information about the Mozo Experts Choice Car insurance Awards
Mozo provides general product information. We don't consider your personal objectives, financial situation or needs and we aren't recommending any specific product to you. You should make your own decision after reading the PDS or offer documentation, or seeking independent advice.
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Reviews, news, tips and guides to help find the best car insurance for you.
One of the best things about the car insurance market in Australia is that you’ve got plenty of choice. But with over 30 car insurance providers to choose from, having so many options can also make it hard to ensure when you get car insurance quotes and policy options you are comparing apples with apples.
First you need to be able to make in-depth comparisons between the insurance providers themselves and the car insurance policies they offer, taking into account the policy features and levels of cover to make sure that your set of wheels are covered for a range of events. Then you also need to make sure that the cover you opt for won’t break the bank. It is a complicated process.
Well, at least it used to be. Mozo’s car insurance policy snapshot table featured above provides an easy way to compare car insurance online. At a quick glance, you’ll be able to compare a range of must-have features like which discounts are on offer, whether you have the flexibility to choose your repairer, level of excess as well as how long it will take you to get a quote.
If you’re a super savvy researcher, you can dig that little bit deeper by hitting the ‘More Info’ button where you’ll find even more information about the events covered and extra services available. Once you’ve shortlisted the policies based on your needs, with some insurers you can click the ‘Go To Site’ button which will take you to the provider’s website where you can get a customised quote.
Mozo also has a wide range of car insurance guides on our site, so if you’re confused about the difference between market and agreed value we’ve got a guide to help or you want to know why your car insurance quotes are so expensive we suggest you read our Ultimate Car Insurance Buyers Guide.
Haven’t got the time right now? That’s ok, that’s why we’ve summarised the must-knows for you in the FAQs list below.
Car insurance might seem confusing, especially if you’re a first time insurance customer! The first thing to understand is that there are three tiers of car insurance policies ranging from CTP also known as Compulsory Third Party to comprehensive car insurance.
Compulsory third party (CTP)
Compulsory third party (CTP) is also known as a Green Slip and is required in all states, by law, when you register your vehicle. It provides the driver cover for any legal liability for injury or death for which they’re responsible and how you go about procuring your CTP insurance differs slightly based on the state or territory you live in.
Third party property car insurance
Third party property car insurance, on the other hand, is optional and covers damage to another person’s property but not to your own car if you are involved in an at-fault accident. Third party is generally cheaper than a comprehensive policy and may be right for you if your wheels aren’t worth much. Fire and theft is a popular additional option to this level of cover and will protect your car against damage caused by fire or theft but not in the event of an on-the-road accident.
Comprehensive car insurance
These are the types of policies you’ll find compared in our product tables and provide are the highest level of car insurance. Comprehensive car insurance will cover you against accidental damage to other people’s property but also to any damage to your own set of wheels, even if the accident is your fault. More so than that, depending on the individual policy, comprehensive car insurance policies will cover you for damage to personal property within your car or rental car cover as well as a host of other features.
While a comprehensive policy is the most expensive policy option, they can still be made affordable through a range of discounts, sign on offers, and clever shopping around to make sure you’re paying for the things you want and don’t need.
The cost of a comprehensive car insurance policy can change pretty significantly depending on who is asking for the quote and you might be wondering what exactly the insurer is weighing up when calculating your projected premium. Every car insurer uses a different formulae so you never can tell what it is exactly which determines the cost but some of the known factors include:
How heavily some of these factors weigh in the insurer’s calculations really depends on the insurance company. So with each insurer putting a different price tag on your policy, it is super important to shop around and not just go with the first quote you get! The Mozo team have conducted several car insurance mystery shops over the years and always found that there is a big difference in price between insurers.
There are a range of discounts that are up for grabs so that you can reduce your premium. Each insurer and car insurance policy is different, but across the market you could see the following discounts being offered.
Some providers don’t just cover your vehicle needs but also operate in home insurance or life insurance and will reward you with discounts depending on the amount of policies you take out with them.
Insurers are moving online nowadays, and therefore some policies will be slashed if you take them out online rather than in person at a branch.
If you can guarantee that there won’t be many drivers or restrict the age of the drivers listed on your policy, you could also be up for a discount on your premium.
If your parents have a car insurance policy with the same provider, you may be able to nab a discount on your own policy which is handy if you’re a first time car insurance customer. You might even be able to get a no-claims discount if you have been listed on your parent’s insurance policy and not made a claim.
If you’ve held the same policy for a number of years, some car insurance providers will offer you a discount when it comes to renewal time and if they don’t, you should ask for one!
An increasingly popular discount in the car insurance market is to reward customers who choose an eco-friendly vehicle. If your car is fuel efficient or a green electric car, look out for policies that will slash your premium thanks to your environmentally-conscious ways.
The ‘excess’ is the amount of money you’ll have to pay your insurer upfront if you make a claim. Most car insurers offer you the option to choose your own excess level or give you a certain degree of leeway, at least. If you choose a really high excess, your premium will be cheaper but you’ll also need to pay a higher amount to access your coverage.
There are some basic excesses you might be required to pay including:
Car insurance policies are a little like snowflakes, no one policy is the same as the next. Some may come with features as standard, while others will require you to opt in. Generally speaking the more feature-rich your policy is the more expensive it will be but some of the standard features to consider include:
We hope that this is just useful background info, but it’s important you know what to do after you’ve been in an accident and how to go about making a claim.
You’re going to need to have a few things on hand so that the claims
process runs as smoothly as possible. First of all, you’ll have to know
the details of the accident including:
When it comes time to lodge your claim, the great thing is that the majority of insurers are riding the digital wave and will allow you to lodge, and keep track, of your claim online. But if you prefer to keep it old-school you can just as easily call your car insurance provider up. Some are available via phone 24/7 so that you can make a claim whenever you want.
When you make a claim on your insurance, you’ll have to pay your insurance excess upfront before any repair work begins on your car. Some other expenses to be aware of after a claim could include an increase in premium the following year, or if it was an at fault accident a possible hit to your hard-earned no claims bonus.
When you take out car insurance for your car, motorbike or 4WD, your insurer will base the cost of the insurance on the state in which the car is registered, as well as your permanent address. If you drive interstate for a holiday or short-term period, your car insurance will be valid if you are in an accident. It is a good idea if you are planning on spending a lot of time away from your registered address that you first check with your insurer to find out if they have any limits on the number of days you can be out of the state and still be covered.
Most car insurance companies operate Australia-wide, but if you are looking to compare car insurance policies for providers in your state, Mozo has listed the providers that are available, including:
Want to save on your comprehensive car insurance policy? Well here is one way to do exactly that! A ‘no claims bonus’ is a discount that is applied to car insurance policyholders who have a clean track record and haven’t made any claims against their car insurance. In Australia there are different tiers of discount that apply depending on how long you’ve kept a claims-free history, but this amount can reach as high as 70% of your premium with some providers. The good news is that the no claims period that you’ve built up with one insurer, in most cases, can be transferred to another but keep in mind you might not be offered the same rate of discount.
When comparing comprehensive car insurance online, you’re bound to come across the terms “market value” and “agreed value”. While we have a dedicated guide to help you understand the difference, they can be summed up simply by saying that market value is the amount your car would fetch on the open market while agreed value is a predetermined amount that you agree to insure your car for with your insurer.
These figures become important in the case you want to make a claim or your car is written off in an accident or insured event.
If you car is deemed a write-off, your comprehensive car insurance policy will step in and either pay out your sum insured amount or pay for the purchase of a new car, minus your excess amount.
A car is considered to be a write off when the costs to repair the damage outweighs the value of the vehicle and this will be determined by your insurer’s assessors.
If you’ve recently kitted your car out with a sweet stereo system or aftermarket sunroof, you have the choice of insuring your car for these additions or not. If you don’t upgrade your comprehensive insurance and you find yourself in an accident then your car insurer may deny your claim if the modification wasn’t listed on your policy.
And don’t think that all modifications will result in an increase insurance premium. Some modifications like an alarm system, could result in a premium saving.
It is also worth checking with your insurer prior to making modifications to make sure that it won’t void your car insurance. The last thing you want is to get your car detailed and find out that the insurer has a policy against insuring cars with a matt black paint job.
Most car insurance policy quotes are worked on an annual basis. And while you will have the option to pay your insurance policy in full at the time of signing up for cover, the insurer might offer the option to pay for the cost in monthly instalments. With some insurers, this feature is offered at no extra cost, while others will include a slight premium to give you the flexibility to pay it on a monthly basis.
If you do opt for the monthly feature, it is a good idea to sign up for a direct debit as this means that you don’t always have to remember your repayment date, and you can rest easy knowing that your car will be covered. There's be nothing worse than going to make a claim only to find out that you’ve missed a payment and voided your insurance!
The simple answer is yes, you can have a learner driver listed on your car insurance policy.
Now depending on what insurer you’re with, your child may or may not already be automatically covered. Of course if they’re not, you will have to make sure you update your policy either online or over the phone to include them.
If you’re not sure whether your policy covers learner drivers, the safest thing to do is check. You can either give your insurance provider a quick call or read through the Product Disclosure Statement that comes with your insurance.
It should also be noted that if you update your car insurance policy, you may have to pay another excess, this could be a learner driver excess, a young driver excess, an inexperienced driver excess or an undeclared driver excess.
One more thing to be mindful of, is that if your child has their own car, it might be a good idea to get it insured in their name sooner rather than later. That way they can start building up a no-claims bonus. For full details, check out our full guide on learner drivers insurance.
You won’t necessarily have to take out your own car insurance policy once you get your provisional licence or Ps unless you are purchasing your own car that is registered in your own name. If you’re under 25 you can usually stay on your parent’s insurance policy if you are driving a family car.
Young driver car insurance will probably be more expensive. This is because car insurers typically take into account how much driving experience you have when determining the cost of your premium. Insurers will take into account that, statistically, younger drivers are more likely to have accidents than older drivers.
One good thing about opting for your own car insurance policy, rather than just being included on your parent’s, is that you’ll be able to start building up your no claims bonus policy discount. This is a discount you’ll be entitled to, if you don’t make any claims throughout the year.
Of course you could just as easily lose it, if you or another driver cause an accident or if you are both equally to blame.
Budget Direct sent a text to say that they would be direct debiting my account to renew my policy with no price attached. I thought it was unprofessional so I called and found that my insurance had gone up by a whopping 30% due to the fires and floods in Queensland even though I was nowhere near either. I felt like I was being scammed, I was disgusted that they didn't even have the courtesy to let customers know that their premium had been increased. I'm now a happy RACQ customer.
Read full reviewBudget Direct sent a text to say that they would be direct debiting my account to renew my policy with no price attached. I thought it was unprofessional so I called and found that my insurance had gone up by a whopping 30% due to the fires and floods in Queensland even though I was nowhere near either. I felt like I was being scammed, I was disgusted that they didn't even have the courtesy to let customers know that their premium had been increased. I'm now a happy RACQ customer.
Budget Direct will not cover your vehicle if you use a steel key safe lock box to store your car key whilst at the beach or car sharing. If your car is stolen or broken into and you use one of these security devices they will reject your claim, even though Budget Direct representatives advise you that you are covered at point of sale for these situations. This amounts to significant misleading sales practice and is in direct contravention of section 18 of the Australian Consumer Law relating to misleading and deceptive conduct. Our car was stolen 3 months ago and after initially being told you will get paid out for our loss they changed their mind and blamed me for the theft! So what did I do wrong! I locked my car key in a steel coded security device whilst at the beach. A practice endorsed by the police as the safest option and a method Budget Direct representatives advise as being acceptable when taking out a policy.
Read full reviewBudget Direct will not cover your vehicle if you use a steel key safe lock box to store your car key whilst at the beach or car sharing. If your car is stolen or broken into and you use one of these security devices they will reject your claim, even though Budget Direct representatives advise you that you are covered at point of sale for these situations. This amounts to significant misleading sales practice and is in direct contravention of section 18 of the Australian Consumer Law relating to misleading and deceptive conduct. Our car was stolen 3 months ago and after initially being told you will get paid out for our loss they changed their mind and blamed me for the theft! So what did I do wrong! I locked my car key in a steel coded security device whilst at the beach. A practice endorsed by the police as the safest option and a method Budget Direct representatives advise as being acceptable when taking out a policy.
They had no interest in getting my car back to me anytime soon. Bad customer service and many phone calls. I was ignored several times and would not recommend this to anyone looking for an insurance company that cares.
Read full reviewThey had no interest in getting my car back to me anytime soon. Bad customer service and many phone calls. I was ignored several times and would not recommend this to anyone looking for an insurance company that cares.
