Mozo reveals the best car insurance policies of 2018 for car lovers

We get it- your car is your baby. If anything happens to it, you’re not going to be happy about coughing up your hard earned bucks to repair it. That’s where Mozo’s Experts Choice Car Insurance Awards come into play, revealing the best policies on the market so you can stress less knowing you’ve got great cover in case of an accident.

Mozo’s judges have spent months pitting 58 policies from 49 insurers against each other to find you the best deal for your money.

“Whether Australian drivers are looking for a policy that’s low-cost, or something with loads of great features, the Mozo Experts Choice Awards are designed to hand that over on a silver platter,” said Mozo Data Manager, Peter Marshall.

“By going with the right car insurance policy, Australians are saving both money and time worrying about what they’re covered for every time they get behind the wheel.”

Marshall also points out that the awards may be especially necessary when it comes to  car insurance policies because the highly personalised nature of quotes means it’s not always easy to find the best option.

“What Australian drivers might not consider is the extent to which their car insurance premium is dependent on their personal situation, making comparing policies really time consuming,” said Marshall.

“The awards do some of the legwork for Australians by giving them a starting point of some of the best options on the insurance market.”

Exceptional Value and Quality Car Insurance

To Qualify for a Mozo Experts Choice Exceptional Value Car Insurance Award, winners had to be among the cheapest policies for the benefits included.

Insurer of the year, Suncorp, took out two awards in this category, and other winners included Bendigo Bank, Beyond Bank, Budget Direct, Real Insurance, Woolworths, Youi and RAC, all taking out one gong apiece.

“It’s becoming more and more expensive to insure your car, and Australians on a tight budget need to be able to find policies that are giving them both great features and excellent value without driving them to bankruptcy,” said Marshall.

The Exceptional Quality Car Insurance Award winners were based on the extent of cover on features such as:

• Rental car availability after accidents or theft
• 24/7 phone claims
• Your choice of repairer
• Windscreen damage excess
• Choice of agreed or market value
• New car replacement

Other features were also considered but held less weight in the overall decision. The Mozo Experts Choice Exceptional Quality Awards also took into account an insurers history of disputes and customer survey results.

GIO, Suncorp, NRMA, RAA and RACV all took out awards for their Exceptional Quality policies.  

“Car owners who want the very best coverage for their vehicle and aren’t too worried about the price tag can feel confident that the winners in the Exceptional Quality category will deliver premium cover,” said Marshall.

For the full list of winners and winning policies, check out the Mozo 2018 Experts Choice Car, Home and Landlords Insurance Awards. Want even more choice? Our car insurance comparison tool might be just the place to look, helping you to compare policies offering great features.