Victorians pay more in car insurance, finds Mozo research

Female couple sit in front of laptop, looking at car insurance.

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.

Car insurance premiums differ dramatically by state

While Victorians pay the most for car insurance, it was discovered that their neighbours across the pond pay the least. In fact, with an average yearly premium of $752, Tasmanian drivers pay around $200 less than the rest of the country. Plus $429 less than Victorian drivers, who pay an average of $1,181.

Check out the table below to find out how insurance premiums in your state stack up against the national average.

Graphic image showing average car insurance premiums by state

Shopping around could save Aussies money

Besides the difference between average car insurance premiums for each state, Mozo also found a significant gap between the most and least expensive premium quotes from different insurers.

In Victoria, the difference between the most and least expensive car insurance quotes for the same customer was a huge $1,168. This suggests that Aussies could save a heap of dollars, simply by gathering and comparing quotes from multiple insurers.

Where to start

You could start your research by checking out the winners of Mozo’s 2020 Experts Choice Awards for Car Insurance. These awards are conducted each year to determine which insurers are offering Aussies Exceptional Value and Exceptional Quality on car insurance policies.

Or if you are keen to get the ball rolling, why not take a look at the comprehensive car insurance policies below, or research further at our Victoria car insurance hub.

Compare comprehensive car insurance - rates updated daily

Search promoted car insurance below. Advertiser disclosure. Important information on terms, conditions and sub-limits.
  • Gold Comprehensive Car Insurance

    Monthly premiums
    Calendar icon
    Yes Costs Extra
    Choice of repairer
    tools icon
    Optional Extra
    Choice of excess
    coins icon
    $550 - $1,900 (varies By State)
    Agreed or market value
    Car coin icon
    Agreed Or Market

    Available discounts

    • No Claim Discount
    • Online Discount Up To 15%
    Details
  • Comprehensive Car Insurance

    Monthly premiums
    Calendar icon
    Yes Costs Extra
    Choice of repairer
    tools icon
    Optional Extra
    Choice of excess
    coins icon
    $300 - $2,550
    Agreed or market value
    Car coin icon
    Agreed Or Market

    Available discounts

    • Online Discount $75
    Details
  • Comprehensive Car Insurance

    Monthly premiums
    Calendar icon
    Yes
    Choice of repairer
    tools icon
    No
    Choice of excess
    coins icon
    $800 Flat Excess Fee
    Agreed or market value
    Car coin icon
    Agreed

    Available discounts

      Details
    • Comprehensive Car Insurance

      Monthly premiums
      Calendar icon
      Yes Costs Extra
      Choice of repairer
      tools icon
      Optional Extra
      Choice of excess
      coins icon
      $500 - $2,200
      Agreed or market value
      Car coin icon
      Agreed Or Market

      Available discounts

      • Online Discount $75
      Details
    • Comprehensive Car Insurance

      Monthly premiums
      Calendar icon
      Yes Costs Extra
      Choice of repairer
      tools icon
      Optional Extra
      Choice of excess
      coins icon
      $400 - $2,500
      Agreed or market value
      Car coin icon
      Agreed Or Market

      Available discounts

      * 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 and the Target Market Determination 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