When it comes to car insurance, Victorians pay on average $229 more than the rest of Australia. That’s according to Mozo’s 2020 Car Insurance Report. The same report also revealed that 74% of drivers in the garden state are using their wheels less than this time last year.
While motorbikes and cars share the road, there are a few differences to take into account when choosing an insurance policy to suit each kind of vehicle.Some are more obvious – like having no windshield on a bike meaning you won’t need windscreen cover – while others might be harder to pinpoint. To make sure you choose the right policy for your set of wheels, be they a pair of two or four, here are some of the traits motorcycle and car insurance policies share, as well as key differences.
Car insurance can be a tricky business, with all the policy details needing a fine-toothed comb. Sometimes it’s best to hash things out with a few mates, so please consider our anecdotal offerings below to be in a similar vein. Here, five members of the Mozo Editorial Team suggest their preferred type of car insurance, or at least the aspects of the policy they can’t do without.
Whether you’re a homeowner, car owner, or have an investment property or two up your sleeve, knowing your property is covered will give you the peace of mind should the unexpected occur. But where does one start when looking for a policy that gives you the cover you need at a price that won’t break the bank? Well, a good place to begin your search is with the winners of the Mozo Experts Choice Awards for car, home and landlord insurance.“Insurance is one of those things you don't really want to have to pay for it until you need it, but if something happens and you can make a claim it can make a massive difference to how well you recover from a bad situation”, Mozo Expert, Peter Marshall said.“It is important to make sure you understand what a policy does (and does not) cover to get the right insurance for your situation. Mozo analysis has found that even policies with similar levels of cover can have vastly different prices. Our awards are a great place to start for anyone looking for a new insurance policy as we compare both cover levels and prices to find those that we believe offer the best value overall” Peter Marshall concluded.This year’s Mozo Experts Choice Awards for Car, Home and Landlord Insurance were split into two categories: Exceptional Value and Exceptional Quality. To determine the winners, the Mozo experts compared over 160 policies from all three categories to determine the winners.Who was crowned Exceptional Value Insurer of the Year?For Car, Home and Landlord Insurance, Budget Direct was crowned Best Value Insurer of the Year for the second year running. Not only do Budget Direct offer Aussies competitively priced policies across the board, but their commitment to quality and innovation have made them a front-runner in the insurance market for over 20 years.
Car insurance report quick facts:
COVID-19 has really been a game changer when it comes to driving. Many people may now require a private way to get around, or might be rethinking the need for their car during lockdown.World Car-Free Day rolls in on September 22 this year, encouraging motorists to give up their wheels for the day to minimise air pollution. It’s one of many initiatives linked to drivers reducing their carbon footprints, but it brings up a couple of other questions, too. Firstly, can Aussies live without their cars in the post-pandemic world? And then for the more financially astute drivers: how much does owning a car cost and are there any cheaper alternatives?
When it comes to insurance, the T&Cs on what you might or might not be covered for, could all be thrown out the (car) window if you do something illegal.
Numerous studies show that more young people are putting off learning to drive. For instance, in a 2019 report, Charting Transport revealed that licence ownership for 20 to 24-year-olds had declined considerably in Victoria and New South Wales.
The refreshing floral scents and balmy nights of spring are like road trip fuel, especially since international excursions are off the table right now.Are you planning on filling up the old station wagon and becoming your own tour guide? You’ll want to tick a few boring-but-essential items off your holiday check list first. Making sure you’ve got the right car insurance for your road trip should be a top priority.Once the itinerary is sorted, check your comprehensive car insurance policy to find answers to these questions which might pop up on a road trip.
Around 80% of Aussies are now concerned about the impacts of climate change, that’s according to a 2019 report from The Australia Research Institute.