Compare Car Insurance New South Wales

Whether you’re after comprehensive car insurance cover with all the bells and whistles or the policy that’s kindest on your hip pocket, Mozo has rounded up car insurance options available in NSW for you to compare. 

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Car insurance comparisons on Mozo

Mozo may receive payment if you click to the website of one of the products below. Mozo does not compare the entire market, but you can see more products by clicking on the ‘See more’ button under the table.
Last updated 22 July 2024Advertiser disclosure
Important information on terms, conditions and sub-limits.
  • Comprehensive Car Insurance

    Youi like to get to know you from the very first conversation, which provides you with the opportunity to find comprehensive car insurance cover that could better suit your lifestyle and your needs. Because we’re all individuals, so we all use our cars differently from day-to-day. Youi is car insurance that’s a bit more you-shaped.

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    $400 - $2,500
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    • Comprehensive Car Insurance

      ROLLiN’ put their customers in the driver’s seat by offering great value comprehensive car insurance with no additional excess for young drivers. Zero cancellation fees, 24/7 claims support via phone and a policy paid monthly. Plus, you can list multiple cars and drivers under the one policy, as long as they fit the underwriting criteria

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      $800 Flat Excess Fee
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      • Gold Comprehensive Car Insurance

        Get award winning Car Insurance. Save 15% ^ on your first year’s premium when you purchase a new policy online. Budget Direct offers tailor-made cover, new-for-old replacement, 24/7 claims, a highly-rated claims service, and get a hire car following a theft.

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        Yes Costs Extra
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        $550 - $1,900 (varies By State)
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        • No Claim Discount
        • Online Discount Up To 15%
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      • Comprehensive Car Insurance

        Australia Post Comprehensive Car Insurance offers a broad range of coverage and includes cover for anyone who drives your vehicle. It also covers new car replacement if your recently purchased brand new car is written off within the first three years (provided it has travelled less than 60,000km). Get $100 off your first year's premium when you buy Comprehensive Car Insurance online. T&Cs apply.

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        Yes Costs Extra
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        Optional Extra
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        $500 - $2,200
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        • Online Discount $75
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      • Seniors Car Insurance

        TrueCover is run for people, not profit. TrueCover provides comprehensive cover tailored to Australians over 50 years of age. Includes roadside assistance, ambulance cover, no maximum driver age, death/funeral benefit, new car replacement and an Australian-based contact centre. Insurance not offered in NT.

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        $500 - $2,500 (varies By State)
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        Agreed

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        • Price Beat Offer Available For Eligible Drivers Over 50 Years Old Switching From A Comparable Policy With The Code ‘SENIORS’. T&Cs Apply.
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      • Comprehensive Car Insurance

        Covers damage caused in an accident, weather events, fire and theft, plus damage your car causes to other people’s vehicles and property. Choose to add on a number of optional extras. Score $115 off new online Comprehensive Car Insurance policies (T&Cs apply). $10 monthly kogan.com credit (T&Cs apply).

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        Yes Costs Extra
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        Yes, Optional Extra
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        $500 - $2,300
        Agreed or market value
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        Agreed Or Market

        Available discounts

        • Online Discount $80 Off New Online Comprehensive Car Insurance Policies.
        • $10 Monthly Kogan.com Credit For Every Month For Policy Is Active.
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      ^See information about the Mozo Experts Choice Car insurance Awards

      *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.

      Car insurance resources

      Reviews, news, tips and guides to help find the best car insurance for you.

      Comparing car insurance in NSW? Australia’s most inhabited state certainly has a lot of drivers on the road, and a lot of rules to follow. Whether you’re winding your way through the scenic Blue Mountains, trundling along gravel roads toward Broken Hill, or zipping around suburban Sydney streets, every NSW driver wants to keep their car safe and sound.

      Most of the car insurance providers in Mozo’s database offer policies to NSW drivers. On the one hand, you’re spoilt for choice when it comes to finding the perfect policy for your needs. On the other hand, so many choices can be overwhelming and make it hard to know which is the right fit.

      Read on for what you need to know about car insurance in NSW. Ready to compare? Check out some NSW car insurance policy options in the table above. 

      What types of car insurance are available in NSW?

      Generally speaking, there are three main types of car insurance in NSW. These include:

      • Compulsory third-party insurance (green slip insurance). This is mandatory insurance that provides coverage for personal injuries you give to the drivers in a motor vehicle accident. CTP insurance does not provide cover for your actual vehicle.

      • Third-party insurance. This type of insurance is optional and can cover damage caused to someone else’s vehicle. Check out our third-party insurance guide to learn more about the options available.

      • Comprehensive car insurance. Finally, comprehensive car insurance is the highest level of car insurance you can get. It covers damage you might do to someone else’s car and your own.

      The right NSW car insurance policy for you will depend on your needs and financial situation. 

      Compulsory third-party insurance in NSW

      In NSW, all drivers must have compulsory third-party (CTP) insurance, or a green slip, as a minimum level of car insurance before registering a vehicle. This policy covers your legal liability if you accidentally kill or injure another driver on the road. 

      A NSW driver caught driving an uninsured vehicle can face serious legal consequences and a $1200 fine. 

      You can typically buy either a 12-month or 6-month green slip. It should be renewed at least 21 days before the registration expiry date – a requirement unique to NSW. 

      The following are licensed CTP insurance providers in NSW:

      Keep in mind CTP does not cover damage to your own vehicle, so if you’re looking for more thorough coverage to avoid a big bill from your mechanic, consider comparing comprehensive car insurance policies. 

      For more information, here’s how CTP insurance differs in each Australian state and territory.

      Comprehensive car insurance in NSW

      Comprehensive car insurance covers accidental damage to your car and the other driver’s car if you get into a motor vehicle accident. Coverage usually counts even if you are in an at-fault accident (so long as you were not doing anything illegal at the time, such as driving under the influence of drugs or alcohol). For policy exclusions, consult the product disclosure statement (PDS). 

      Plus, depending on your insurance provider, comprehensive car insurance will often also cover damage to personal items in your car or even rental vehicle. You can also tailor your comprehensive coverage with optional extras to suit your needs. These can include windscreen replacement, choice of repairer, and cover for hire car costs after an accident.

      Finally, it should be noted that comprehensive car insurance is the most expensive type of insurance you can get for your wheels. However, it could save you a lot of money in the long run, should you ever find yourself making an unexpected trip to the mechanic. 

      You can use the table above to compare comprehensive car insurance in NSW.

      How to find cheap car insurance in NSW

      Rising car insurance premiums have got many NSW drivers searching for cheaper policies. And no wonder: in 2022, a Mozo insurance report found that NSW has the second-highest car insurance premiums in Australia on average, coming in at around $1,400 a year. The only state that was more expensive was Victoria ($1,463).

      But while a cheap car insurance policy may save you a dime, it’s important to consider the advantages and disadvantages. The cheapest car insurance policy may not cover you adequately, and underinsurance can be expensive if you get into a car accident and have to pay for repairs yourself.

      Insurance premiums will also vary wildly based on your risk profile as a driver. Younger, male drivers in the cities cop higher premiums than older, female drivers in the countryside, for example. 

      Instead, it’s more important to think about insurance in terms of value, not price. A good value car insurance policy will give you enough coverage at a price point that suits you. 

      You can compare award-winning great value car insurance policies in the latest Mozo Experts Choice Car Insurance Awards

      Otherwise, here are some strategies you can take to reduce the cost of car insurance. 

      • Determine the type of coverage you need. If you’re happy just to skate by with Compulsory Third Party Insurance, that may be your cheapest option. Alternatively, you can look at comprehensive policies and compare which optional extras (if any) fit your needs and budget. 

      • Compare rates from multiple insurance companies. No two car insurance providers will cover you the same way, so get as many free quotes as possible to get an idea of what value is available to you.

      • Check for any applicable discounts. Don’t drive as much? Have a good driving history? Happy to take out combined insurance? See if you can sign up for any discounts for your car insurance policy, such as an online discount, multi-policy discount, or loyalty discount.

      • Consider increasing your excess to lower premiums. By opting for a higher car insurance excess, you agree to take on more of the financial risk of every claim. This can lower your premium. 

      • Maintain a clean driving record. Safer drivers often get rewarded with no-claims discounts, which can significantly cut the cost of your policy.

      • Take into account the make, model, and year of your car. Your car’s age, make, model, and even colour can all affect the likelihood of an accident, which affects your premium. See our car insurance report for more information. 

      • Research insurance costs before buying a new car. Since a lot of your car insurance costs can be impacted by your specific vehicle, it’s good to research how much it could cost before settling on a set of wheels. 

      • Regularly review your policy and coverage annually. Complacency with your car insurance will probably get you slapped with a loyalty tax. Don’t let your policy tick over – regularly compare your coverage and premium to ensure you’re getting the best deal. 

      What features should NSW drivers look for in car insurance?

      Car insurance can come with a wide variety of coverage options to tailor your policy to your specific needs. While everyone is different, here are some items NSW drivers may want to look for when comparing car insurance policies. 

      • Coverage options. You will need compulsory third-party insurance as a minimum, but if you want coverage for damage to your own vehicle, you may want to look at comprehensive car insurance policies.

      • Specific hazards for your area. If you’re in a part of NSW that often floods, it might be worth looking for car insurance that offers comprehensive flood protection. The same goes if there’s a high theft rate or if you live near bushland with a fire risk. 

      • Reasonable limits and excesses. Read the PDS to get across what sub-limits and excesses you need to know with a specific policy.

      • Good customer service and easy claims process. How does the car insurance provider fare with customers? Read the reviews, or seek out award-winners, like the 2023 Mozo People’s Choice Awards car insurance recipients.

      • Competitive pricing and good discounts. Because car insurance premiums vary so much between providers and drivers, it’s a good idea to get a few quotes so you can see what’s available for your situation. And look for those discounts!

      • Clear and understandable policy terms and conditions. The PDS might not always be a good read, but plenty of car insurance companies go the extra mile to make this important document fun, engaging, and useful. 

      What extras should I have when driving in NSW?

      NSW is a vast and beautiful state, with many different roads, drivers, and hazards to insure. So what should NSW drivers prioritise in a policy? It depends, especially if you live in regional vs. metropolitan areas. 

      Regional NSW drivers face many unique risks on the road. For example, it may be worth looking for a policy that includes accommodation and transport costs if you have a motor accident in a remote location. Animal strike coverage may also be important if you’re likely to hit a kangaroo while driving at night. 

      Drivers in regional NSW may also want to investigate optional extras that cover natural disasters, such as:

      • Bushfires

      • Floods

      • Hail.

      Metropolitan NSW isn’t sheltered from natural disasters, but their frequency may not make coverage a necessity. Instead, NSW city drivers may want to look out for:

      • Good theft coverage. 

      • Pay-as-you-go insurance, if you don’t drive that often. 

      • Third-party damage insurance, since there are more cars on the roads in cities. 

      Young drivers in NSW may also want to check out policies that specifically offer value to them. 

      How much does NSW car insurance cost?

      In 2022, Mozo found that NSW drivers on average pay $1400 every year on their car insurance policy. However, your car insurance premium can vary based on your:

      • Location. Drivers in cities may pay more for car insurance than country drivers. 

      • Age. Older drivers tend to pay less for car insurance than younger drivers. 

      • Driving history. Safer drivers pay lower car insurance premiums than dangerous ones who make multiple claims on their policy.

      • Vehicle type. Sporty or expensive vehicles can cost more to repair, but so can electric vehicles and recently new cars. Flash vehicles are also more likely to get stolen, so they cop higher car insurance premiums. 

      • Level of coverage and excess. The more car insurance coverage you have, the more you will pay. A low insurance excess can also drive up your premium. 

      While some of these factors are out of your control, things like a clean driving record and investing in a sound, easily insured vehicle can all be good tactics for lowering the cost of car insurance. 

      How do I find the best car insurance in NSW?

      When looking for Australia’s best car insurance, a good place to start is by checking out the winners in the Exceptional Value and Exceptional Quality categories in the latest Mozo Experts Choice Car Insurance Awards. Our experts analysed pricing and product data and determined that these policies offer some of the best price, range, and features in the market.

      However, not all customers are looking for the same thing when it comes to car insurance, so it’s important to bear this in mind when comparing car insurance policies in NSW.

      Picture of Evlin DuBose
      Evlin DuBose
      RG146
      Senior Money Writer
      Evlin is RG146 certified for Generic Knowledge and has become a leading voice in finance news since joining Mozo two years ago. She is regularly featured in Google's Top Stories alongside major publications like News.com.au and Yahoo Finance, and seasoned journalists. Despite being in the industry for just two years, she is Mozo's go-to writer for all things RBA and her research has been referenced by the Victorian Government. With a Bachelor of Communications degree from UTS, where she won the Dean's Merit Award and acted as the Director of Student Publications.

      FAQS about NSW car insurance

      What car insurance is required for NSW?

      Compulsory third-party insurance (CTP, or a ‘green slip’) is required to register any vehicle in NSW. 

      What information do I need for a car insurance quote in NSW?

      You will need to know your vehicle’s make, model, and age to get a car insurance quote in NSW. You may also need to provide details about the drivers on the policy (type of licence, licence number, driving history, age, location, gender, etc.) and how the car will be driven (average yearly distance and where it’s parked at night). 

      Will my NSW insurance be valid all over Australia?

      NSW compulsory-third party insurance should be valid all over Australia. If you move interstate and need a new rego, you may be required to switch to a state-approved provider. Victoria, for example, has specific rules about who can sell CTP. For road trips, however, your basic level of coverage should be enough. 

      What is the most common type of car insurance claim in NSW?

      According to a 2018 AAMI car insurance report, the most common type of insurance claim in NSW is an at-fault collision (26.6% of claims), followed closely by a not-at-fault collision (25.75%).

      How does a car insurance excess work in NSW? 

      A car insurance excess is money you agree to pay when filing a claim. Some comprehensive car insurance policies let you set your excess: the higher the excess, the lower your premium. 

      Should I choose market value or agreed value for NSW car insurance?

      Your vehicle’s market value is the amount your car is worth if you sold it now; your agreed value is a dollar figure you and your car insurance provider agree on when you take out your policy. Which number you pick affects how much you can get paid if your car is written off. Agreed value can sometimes be a better number if you bought your car with a car loan, as the value will depreciate and you will need enough to pay off the loan balance. This will depend on your situation, however. 

      When do I need to pay my car insurance premium in NSW?

      Most premiums can either be paid monthly or yearly. If you choose to pay monthly, some car insurance providers may charge extra for the convenience. You should always pay your premium on time since forgetting to pay could create a lapse in your coverage. If you have an accident when you’re uninsured, you won’t get anything back from your policy. 

      How does a no-claims bonus work in NSW?

      A no-claims bonus rewards NSW drivers with a clean driving record who don’t make claims on their car insurance policies. You can sometimes transfer your no-claims period from one insurance provider to another if you’re switching policies, though the discount may vary between providers. 

      How does car theft in NSW affect car insurance premiums?

      If you live in a part of NSW with a high auto-theft rate, your car insurance provider will consider this when working out your premium. Parking your vehicle safely and securely at night, such as in a garage, can alleviate some of the risk. 

      Will accident statistics in NSW affect my car insurance costs?

      Some car insurance providers will consider rates of motor vehicle accidents in your local area when calculating your car insurance premium, along with other factors like your age, gender, and driving history. For tips on staying safe on the roads, head over to Transport for NSW.

      How do I make a claim on my car insurance in NSW?

      Your car insurance claim process will depend on your car insurance provider. Usually, you will be required to submit paperwork and include your policy details, any witness statements or police reports, mechanic quotes or receipts, photo evidence, the date/time/location of the incident, and the other driver’s insurance/licence/contact details, if applicable. Filing online can often be the easiest way to lodge your claim. 

      Is there special car insurance for specific makes or models?

      You don't necessarily need a tailored car insurance policy for particular car types, but there could be policies or levels of insurance which suit your ride better.

      We've broken down the numbers for some popular cars so you can better understand the insurance costs associated with them:

      Car Insurance Reviews

      AAMI Comprehensive Car Insurance
      Overall 9/10
      Great company with great products and services

      I had recently joined AAMI when I was involved in an accident. The process to log and finalise theClaim was very good. I would recommend AAMI as a trustworthy company with great products and services

      Read full review

      I had recently joined AAMI when I was involved in an accident. The process to log and finalise theClaim was very good. I would recommend AAMI as a trustworthy company with great products and services

      Value for money
      8/10
      Policy coverage
      8/10
      Customer service
      10/10
      Claims handling
      10/10
      Trust
      8/10
      Less
      Ken, Victoria, reviewed 13 days ago
      ahm Car Insurance
      Overall 9/10
      ahm Is The Best Value For Money, Cover & Ease

      I love ahm! I have Car and Health Insurance with them and because I have both I have a discount too! They also offer a youth discount which is great! I use the pay as you go (set kms per year) option for my car insurance which is perfect for me since I only pay for how much I drive and I’m fully covered. Compared to other insurances, this one was the best in value and price. I know young drivers are penalised more because of their inexperience, but being 24 with no accidents in six years of driving I’m glad that ahm can recognise that, and treat me fairly. Their customer service is amazing, their app and website are easy to use and navigate, and they have lots of information sheets that you can read through. Everything is clear, concise, and easy to understand for the regular person with no legal jargon. I truly have no complaints - only that price could be nonexistent lol but it’s already way cheaper than any competitor and insurance is kind of a necessity.

      Read full review

      I love ahm! I have Car and Health Insurance with them and because I have both I have a discount too! They also offer a youth discount which is great! I use the pay as you go (set kms per year) option for my car insurance which is perfect for me since I only pay for how much I drive and I’m fully covered. Compared to other insurances, this one was the best in value and price. I know young drivers are penalised more because of their inexperience, but being 24 with no accidents in six years of driving I’m glad that ahm can recognise that, and treat me fairly. Their customer service is amazing, their app and website are easy to use and navigate, and they have lots of information sheets that you can read through. Everything is clear, concise, and easy to understand for the regular person with no legal jargon. I truly have no complaints - only that price could be nonexistent lol but it’s already way cheaper than any competitor and insurance is kind of a necessity.

      Value for money
      10/10
      Policy coverage
      10/10
      Customer service
      10/10
      Trust
      9/10
      Less
      Stephanie, Victoria, reviewed 13 days ago
      Youi Comprehensive Car Insurance
      Overall 9/10
      Excellent service and competitive price.

      So friendly on the phone and so easy to access help. Provide help to cut your fees. Excellent service. Excellent. And competitive price.

      Read full review

      So friendly on the phone and so easy to access help. Provide help to cut your fees. Excellent service. Excellent. And competitive price.

      Value for money
      9/10
      Policy coverage
      9/10
      Customer service
      9/10
      Claims handling
      9/10
      Trust
      9/10
      Less
      Elisabeth, New South Wales, reviewed 13 days ago

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