Australia's cheapest car insurance? That’s tricky, but start with these award winners

Tom Watson

26 Sep 2019

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It’s with you on your daily commute, it shoulders the burden on each shopping trip and it helps you stay connected with your friends and family. That’s right, I’m talking about your car. 

Given everything that cars provide, it makes sense that many Aussies opt for a comprehensive insurance policy as a safeguard in that rare event that something goes wrong. But let’s face it, comparing car insurance policies isn’t up among the most entertaining activities. 

We have a solution for you though. 

Every year Mozo’s experts sit down and review a range of car insurance policies across Australia in order to identify the best policies around. The result? The 2019 Mozo Experts Choice Car Insurance Awards

This year our expert judges gave out awards to car insurance policies in two different categories - Exceptional Value and Exceptional Quality. 

“We understand that finding a great car insurance policy isn’t an easy, or necessarily fun, process for many Australians, which is why our awards are designed to highlight some of the leading policies on the market that provide either exceptional value or exceptional quality,” said Mozo expert judge, Peter Marshall. 

“For the Exceptional Value Awards, we assessed more than 10,000 unique quotes and matched cost against minimum cover levels in order to find the insurers that consistently offered premiums lower than the competition for a similar level of cover.” 

“While these policies may not be the absolute cheapest around, we do believe that the combination of price and features they have on offer make them the best value for many Australians.”

So which insurers impressed our judges the most? First, let’s shine the spotlight on two of the standout 2019 Mozo Experts Choice Car Insurance Award winners:

The standout car insurance winners

Promoted

Budget Direct Comprehensive Car Insurance
  • 15% online premium discount

  • Choice of repairer

  • Large choice of excess

What better place to start than with 2019 Insurer of the Year, Budget Direct! 

Budget Direct already has a stellar reputation for providing Australians with great value insurance policies, but they’ve taken it up another level, with wins across a number of categories helping secure the crown of Insurer of the Year for Car, Home and Landlord insurances. 

Mozo’s judges found that Budget Direct’s car insurance policies consistently ranked among the cheapest quotes around, while still maintaining a solid level of cover. 

That was no different for car insurance, with their Comprehensive Car Insurance policy one of just a handful of policies to take out an Exceptional Value Car Insurance Award.

Featuring a wide choice of excess ($650 - $1,850), new car replacement (if written off within one year and 20,000 km of original registration) and a 15% online discount, it's hardly shocking that Budget Direct’s Comprehensive Car Insurance policy was named a winner.

Promoted

ING Comprehensive Car Insurance
  • 15% online discount

  • New car replacement (conditions apply)

  • 24/7 claims service

ING are no strangers to the Mozo Experts Choice Awards having already picked up the major titles of 2019 Everyday Bank of The Year and Australia’s Best Bank for 2019, along with a host of other Mozo Experts Choice and Mozo People’s Choice Awards.  

It’s perhaps little surprise then that ING also delivered when it came to car insurance. 

ING’s Comprehensive Car Insurance policy was among the 2019 award winners in the Exceptional Value Car Insurance category, meaning it was judged to have been one of the best offers around when it came to weighing up price and a competitive level of cover. 

And with features like new car replacement (within two years or 40,000 kilometres of original registration), replacement keys (up to $1,000 if stolen) and a 15% online discount, you can see why ING was named a winner.

The other top performers

Budget Direct and ING weren’t alone in their success though, as both Suncorp and RAC took home 2019 Mozo Experts Choice Car Insurance Awards in the two categories on offer. 

Suncorp’s Comprehensive Advantages Car Insurance policy and RAC’s Comprehensive Car Insurance policy were the only policies to be named double winners - both taking out Exceptional Value Car Insurance and Exceptional Quality Car Insurance Awards. 

Ready to take a look at all the winners? 

Check out the full 2019 Mozo Experts Choice Car Insurance Awards winner list where you can also read through the methodology report to find out everything you need to know about how the awards were judged.

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