Compare Car Insurance Victoria

Looking to save money on your comprehensive car insurance? Here at Mozo, we help you to compare some of the latest car insurance deals available in Victoria.

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Car insurance comparisons on Mozo - last updated 20 April 2024

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

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

    Available discounts

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

    QBE’s Comprehensive Car Insurance covers you for things like accident damage, fire and theft. Enjoy three year new car replacement. Get a hire car if you’re not at fault. Lifetime repair guarantee. Save $75 when you apply online.

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

    Available discounts

    • Online Discount $75
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    Details
  • 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

    Monthly premiums
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    Yes
    Choice of repairer
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    No
    Choice of excess
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    $800 Flat Excess Fee
    Agreed or market value
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    Agreed

    Available discounts

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      Details
    • 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). Save $75 on your first year's premium when you purchase Comprehensive Car Insurance online. T&C’s apply.

      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
      Compare
      Details
    • 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.

      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

        Compare
        Details

      ^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.

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

      Compare car insurance in Victoria 

      Whether you spend most of your commute time mazing through Melbourne’s CBD or cruising along the scenic route to Ballarat or Bendigo, if you live in Victoria you know the importance of having your trusty set of wheels covered by a top-notch car insurance policy.  

      Car insurance can be a confusing creature, but it is important to understand how to compare policies so that you’re grabbing the best deal you can while getting the right level of cover for your trusty mode of transport. 

      That’s why Mozo has made it super easy to compare comprehensive car insurance policies. Using the comparison table above you’ll be able to see a range of car insurance policies specifically available to Victorian drivers. Plus their brightest and most competitive features, such as discounts on offer, the flexibility to choose your repairer, levels of excess as well as how long it will take you to get a quote. 

      What types of car insurance are available in Victoria? 

      In Victoria, as in most other states and territories in Australia, there are three main types of third party car insurance.

      The most basic type is compulsory third party (CTP) insurance. As the name suggests this insurance is mandatory and in Victoria it is tied into your registration costs. It provides the driver cover for legal liability for injury or death.

      The other two types of third party car insurance are third party property insurance and third party fire and theft insurance. These are both optional and are mainly designed to cover you for damage done to someone else's car. However, neither will cover to repair or replace your car if you are responsible for an accident. These are usually cheaper than comprehensive policies.

      Comprehensive car insurance policies, on the other hand, offer the highest levels of cover. You get all the benefits of third party property cover, but your wheels are also covered for a range of circumstances, whether you’re at fault or not. These are the policies featured on Mozo in the table above. While they are pretty comprehensive, there will be variations between each one, so be sure to check the policy's PDS to know exactly when your cover will kick in and when it won't.

      How much does car insurance cost in Victoria? 

      Your car insurance premium in Victoria takes some serious calculating, but what exactly is the insurance company weighing up when putting together your quote? 

      Well, some of the things that are usually taken into account include:

      • Your age and gender: Younger male drivers are generally considered to be more of a risk to insure than older women.

      • The age and colour of your vehicle: Newer, more expensive cars cost more to cover.

      • Where you live: This includes your address in Victoria and whether your car is garaged.

      • Projected mileage: Some insurance providers offer cheaper premiums for Victorians who don’t use their cars so often. 

      With every insurance provider working through the premium equation a little differently, it is super important not to just go with the first quote you get. Instead, shop around and identify a few policies you think would suit you and get quotes from all of them. 

      How to find the cheapest car insurance in Victoria

      According to the Mozo Car Insurance Report, Victoria drivers are subject to the highest average car insurance premiums, sitting at $1,463 per annum. With such comparatively high costs in Victoria, it is no wonder people might be looking for ways to save on their car insurance. If you are a Victorian looking to trim down your premiums, some of the below tips might help you do just that: 

      Determine the type of coverage you need: What level of coverage you need is totally personal and up to you, except for the compulsory third party. What level of coverage you choose will dictate the price, with the least level of coverage generally resulting in a lower premium. However, do not only consider the price, quality of coverage is very important when looking at insurance. 

      Compare rates from multiple insurance companies: Shop around for the best rate you can find on the type of policy you decide is right for you. Mozo can help you compare Victorian car insurance policies to find the lowest rates. 

      Check for any applicable discounts: There are various discounts you can get in Victoria for car insurance including loyalty, no claims, multi-car and multi-policy discounts. 

      Consider increasing your excess to lower premiums: The more you agree to pay when you need to make a claim, which is called excess, the lower your premiums are. This can help save money in your budget, but can be tough to fork out if something goes wrong and you need to make a claim. 

      Maintain a clean driving record for lower rates: Insurance companies don’t want to cover risky drivers since they will be the most likely to claim, so keep safe on the roads to help lower your premiums. 

      What features should Victoria drivers look out for in a car insurance policy?

      What you’re after is a car insurance policy that packs a punch. When it comes to features and while each policy is different, the more features stacked into one package, the wider the level of cover. Keep an eye out for:

      • Windscreen cover. Not always a standard feature on every car insurance policy, windscreen cover will cover any damage to your windscreen or any glass on your vehicle but could be accompanied by an extra excess to access this feature of your policy.

      • Choice of repairer. It is your car and you might want the luxury of sending it to a mechanic or panel beater of your choosing, if you are involved in a bingle.

      • Rental cover. While your car is at the mechanic or even worse, if it has been stolen, how will you get about? Rental cover is often an added option that could cover you in both situations, or just one ore the other.

      • Personal property. Our cars can often become a second, mobile wardrobe or a mini storage unit for our clothes, laptops or sunglasses. If that’s the case for you, keep an eye out for a generous personal property cover cap on your next comprehensive car insurance policy. 

      • Roadside assistance. So you’ve broken down and you need help, ASAP. Roadside assistance is for times just like this and while most insurance companies won’t offer this as standard, some will meet your most immediate mechanical needs for an additional premium

      What extras should I have when driving in Victoria? 

      Victoria is home to some extreme weather conditions, resulting in unfortunate natural disasters. Consider a policy that includes cover for:

      • Bushfires

      • Floods

      • Cyclones

      If you live in a metropolitan area in Victoria, like Melbourne, you might also want to consider the following cover to protect yourself: 

      • Theft

      • Personal assets 

      • Windscreen Coverage

      What's the best car insurance in Victoria? 

      When looking for a new policy, most people want to find the best car insurance in Australia to cover their rides. So, a great 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 for 2023.

      The Mozo experts analysed over 10,000 car insurance quotes to find the best value policies for the widest range of customers. Check out the methodology report for more information. 

      However, not all policies are one-size-fits-all, so it’s important to bear this in mind when comparing car insurance policies in Victoria.

      Picture of Olivia Gee
      Olivia Gee
      Money writer

      As a finance journalist, Olivia investigates insurance, banking and property. After completing a double degree in journalism and media and communications, Olivia became a lifestyle editor at Time Out Sydney and freelanced for notable publications such as Guardian Australia and SBS News. She was Mozo’s resident car insurance enthusiast until Februrary 2022, and has (ASIC RG146 Tier 2) certification to provide general insurance advice. She edited content for the Mozo Experts Choice Awards, and was also the co-host of Mozo’s podcast, The Finance Burrito.

      FAQs about car insurance in Victoria

      Will my Victorian car insurance be valid all over Australia?

      If you are involved in a car accident while on a short holiday or business trip interstate then, depending on the individual circumstances, your car insurance should cover you. Most car insurance companies will accept eligible claims, regardless of what state or territory you are in when the incident occurs.

      That said, you should check with your insurance provider on what particular rules they may have for parking your interstate. You can do this either by reading through the product disclosure statement that came with your car insurance policy, or by giving your insurance company a ring for more information. It should also be noted that while most car insurance providers operate in all states and territories, some do not. So this is also worth checking before you hit the road.

      Will car crime in Victoria affect my insurance premium?

      You might have heard that Victoria had the most amount of car thefts between September 2019 and September 2020. That’s according to the National Motor Vehicle Theft Reduction Council*.

      Now this may not sound too promising, especially considering Victoria has had the highest rate of car thefts in the country for a few years now. However, this figure is less than the 12 months between September 2018 and September 2019. It also contributes to a 19% overall decrease in car thefts in the state over the past four years. 

      It is also good to note that the car theft rate across the whole state should not have an affect on your individual car insurance premium. Rather, your insurance company will look at what the car theft rate is like in your particular area when working out your premium. So, if you reside in a small regional town where there isn’t a whole lot of auto-theft going on, then your insurance provider won’t judge you on the crime rate of the whole state.

      Plus, there are plenty of other things that will come into play when working out your premium. For instance, where you park your car could make a difference. If you lock your car away in a garage where it is less likely to be stolen, then your premium may be lower. Or, if you keep it parked on the street, then your insurance premium may be higher. 

      What are the most common types of car insurance claims in Victoria?

      According to Suncorp at-fault collisions were the most common types of car insurance claims in Victoria in 2019^^. These made up 29.24% of claims that year and were closely followed by not-at-fault collisions and single car collisions.

      This is not too out of the ordinary, considering at-fault claims were the leading type of claim in most states and territories.

      What car insurance is required in Victoria?

      As is the case all over Australia, in Victoria you must have compulsory third party car insurance to legally drive in the state. In Victoria CTP insurance is administered by the Transport Accident Commission (TAC). The charge will be included in your VicRoads registration and will appear as either a ‘TAC Premium’ or a ‘TAC Charge’.

      Whether you choose to also take out either third party property insurance or comprehensive car insurance is entirely up to you. Factors that may sway your decision are your financial situation, what the value of your car is and where you live. Remember that third party property insurance provides liability for if you cause damage to someone else’s vehicle. You can increase your third party insurance with fire and theft cover, this will protect your vehicle if it is damaged as a result of fire or theft. If you want your car to be protected in the event of an accident, you will have to take out comprehensive car insurance. 

      Is my car covered for fire damage in Victoria?

      If you have third party fire and theft insurance or comprehensive car insurance, then your vehicle should be covered for fire damage in Victoria. Of course every insurance policy is different, so it is a good idea to check the exact definition of ‘fire’ and ‘fire damage’ in your PDS. That is the product disclosure statement that goes with your car insurance policy.

      What do I need for a car insurance quote in Victoria?

      When gathering Victoria car insurance quotes, it’s always a good idea to have a few bits and bobs handy. Information you might want to have with you includes:

      • Personal information. Insurance providers will usually ask for your name, address and contact details.

      • Detailed information about your wheels. This includes what make and model your car is. How old it is and what the registration number is.

      • Your driving licence. Your licence number and how long you have held it for.

      • Where you usually park. Generally, cars that are locked up tight in a garage have a lower risk of being stolen. So your insurance company will want to know where you park your vehicle.

      • Driving history. You will have to declare any incidents or accidents you may have had in the past few years.

      • How far you drive. It only follows that the more you use your car, the more likely you are to have some sort of incident. So, to give you a quote, insurance companies will ask you how many kilometres per year you usually drive.

      Other things providers may ask you about include when you last made a claim, what it was for, and who usually drives your car. 

      Car Insurance Reviews

      Shannons Comprehensive Motor Vehicle Insurance
      Overall 3/10
      Insurance

      Never had insurance before would be able to deal with it

      Read full review

      Never had insurance before would be able to deal with it

      Value for money
      4/10
      Policy coverage
      4/10
      Customer service
      4/10
      Claims handling
      4/10
      Trust
      5/10
      Less
      Steven, New South Wales, reviewed 18 days ago
      QBE Comprehensive Car Insurance
      Overall 8/10
      Great price

      Originally paid $530 for my first policy. Incredible!! AFter making a claim my 2nd year was over $1000. Not sure if the hike was because of the claim and or just general price increase. Still, $1000 is pretty good. My claim was smooth. Will stay with QBE.

      Read full review

      Originally paid $530 for my first policy. Incredible!! AFter making a claim my 2nd year was over $1000. Not sure if the hike was because of the claim and or just general price increase. Still, $1000 is pretty good. My claim was smooth. Will stay with QBE.

      Value for money
      10/10
      Policy coverage
      10/10
      Customer service
      10/10
      Claims handling
      10/10
      Trust
      10/10
      Less
      Rachel, Queensland, reviewed 18 days ago
      Budget Direct Car Insurance
      Overall 6/10
      Worth changing too

      I was stuck on GIO for years but when I compared Budget Direct, I haven't saved a thousand of dollars but $60 savings will do under the current hardships me n my family r having, evey dollar counts atm

      Read full review

      I was stuck on GIO for years but when I compared Budget Direct, I haven't saved a thousand of dollars but $60 savings will do under the current hardships me n my family r having, evey dollar counts atm

      Value for money
      6/10
      Policy coverage
      6/10
      Customer service
      7/10
      Claims handling
      6/10
      Trust
      6/10
      Less
      Kate, New South Wales, reviewed 23 days ago

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