Best in the business: exceptional value car and home insurance winners revealed

Cheapest car home insurance content

Between insurance jargon, the risk of underinsurance and all the fine print, finding the best value insurance for your home and car isn’t always easy.

But each year the Mozo Experts Choice Awards take on the challenge and reveal the best value insurance policies your money can buy. This year, the experts compared 58 car insurance policies and 125 home insurance policies from 52 insurance providers, and only the top 10% of policies in each category were crowned as winners.

And now our editors have narrowed the list of Exceptional Value winners down even further, to a list of our top picks. So if you’re in need of a new insurance policy that won’t break the bank, here’s where to start:

CAR INSURANCE

Budget Direct Comprehensive Car Insurance*
Budget Direct
  • 15% online discount

  • Your choice of repairer

  • Free hail alert app

Budget Direct’s Comprehensive Car Insurance comes with new-for-old replacement, a 24/7 claims service, cover for a hire car after theft, and now it’s got a Mozo Experts Choice Award for Exceptional Value under its belt. There’s also the option to add Roadside Assistance to your cover, and to restrict the drivers covered, to help you save on your policy.

Woolworths Comprehensive Car Insurance*
Woolworths
  • Up to 10% online discount

  • Drive Less, Pay Less option

  • 24/7 claims service

If you’re 25 or over, Woolies will price match any comparable insurance quote you get, which is just the kind of value you’d expect from a Mozo Experts Choice winner. It comes with emergency cover, the option of cover for a rental car after an accident and new for old replacement in the first 24 months. Plus, with the option to cap the kilometres you drive and only pay for that much cover, this one’s perfect for infrequent drivers.

Real Insurance Pay As You Drive Car Insurance*
Real Insurance
  • Only pay for what you use

  • Up to 10% discount when you buy online

  • 24/7 claims service and emergency assistance

With Real Insurance, you can save money by opting to nominate the number of kilometres you expect to drive in a year and only pay for that! Plus, you can tailor your policy to your needs, with a range of great optional extras like roadside assistance and cover for a rental car after an accident. No wonder it took out an Award for Exceptional Value Car Insurance!

HOME INSURANCE

Budget Direct Home & Contents Insurance*
Budget Direct
  • 30% discount for buying online

  • Underinsurance protection as optional extra

  • New for old cover

Your home is probably one of the biggest financial investments you’ll ever make - and insuring it can get pretty pricey too! But with Budget Direct, a winner in the Mozo Experts Choice Exceptional Value Home & Contents category, you’ll be covered for events like fire, flood and theft, with the option of adding extra cover like flood cover and underinsurance protection to tailor your policy to your needs. Add a 30% discount for buying online and it’s hard to go past!

Youi Home & Contents Insurance*
Youi
  • Half your premium in Youi Rewards

  • Option to cover accidental loss

  • New for old replacement

Want an insurance policy that not only keeps your home safe, but also rewards you? Look no further than Youi home insurance. When you take out a policy with Youi, you’ll get access to YouiRewards, which can be used for savings on a number of things like fuel, food and flights. The policy covers your home from all manner of unfortunate events, offers optional cover for things like work tools or vet expenses and took out a Mozo Experts Choice Award for Exceptional Value Home & Contents.

* Terms, conditions, exclusions, limits and sub-limits may apply to any of the insurance products shown on the Mozo website. These terms, conditions, exclusions, limits and sub-limits could affect the level of benefits and cover available under any of the insurance products shown on the Mozo website. Please refer to the relevant Product Disclosure Statement on the provider's website for further information before making any decisions about an insurance product.

^See information about the Mozo Experts Choice Car insurance Awards

You can see the full winners list for both car insurance and home insurance by heading over to our Mozo Experts Choice hub.