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Virgin Money Comprehensive Car Insurance

Advertiser disclosure
Important information on terms, conditions and sub-limits
Monthly premiums available
Yes costs extra
Maximum no claim discount
Not Published
Online discount
15% discount on first year’s premium
Choice of repairer
Optional Extra

Mozo editorial review Virgin Money Comprehensive Car Insurance - last updated: 28 September 2023

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What's hot
  • 2023 Mozo Experts Choice Award winner
  • 15% buy online discount for the first year of cover
What's not
  • $600 young driver excess
  • Monthly repayments cost extra
Mozo snapshot

Are you after a low-cost car insurance policy with plenty of flexible features? Virgin Money’s comprehensive policy might just be the ticket. This 2023 Mozo Expert Choice Award winning policy is packed with coverage for your car and the items in it, plus handy inclusions if your car is involved in an accident or crime. Take all that protection and slap a few of the discounts Virgin Money offers on top and you’ve got yourself a great-value insurance policy.

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Key features

Like many comprehensive car insurance policies, this one ticks off major natural disasters, accidents and theft when covering your vehicle at an agreed upon value or at market price. You’ll also be sorted if you damage other cars or property, and can expect specific coverage for things like personal property (up to $500), baby capsules (up to $500) and trailers (up to $1,000).

After an accident, you can book in for towing (if the vehicle is unsafe to drive because of the damage) and essential repairs which Virgin Money will cover up to $500. You can also claim up to $1,000 (at $200 per-day) for travel and accommodation costs after an insurable incident. If your car is stolen or if you’re in a not-at-fault accident, you’ll be eligible for hire car cover up to 14 days (or up to $1,000). At-fault hire car cover can be included as an optional extra, but this will come at an additional cost.

There are a couple of other things which also come optionally at price bumps, like reduced excess windscreen cover and having your own choice of repairer.

Speaking of discounts – there are a few we better mention. That no claims discount can go as high as 15% of your premium if you don't make any at-fault claims for a specific number of consecutive years. And you’ll knock another 15% off your premium in the first year simply by applying for your policy online.

Who is it good for

Anyone after far-reaching cover who can take advantage of safe-driving and online discounts.

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Any catches

If you’re a young or inexperienced driver (under 21 or with less than 2 years driving history), there is an additional excess of $600. And if you want to pay your premium in monthly instalments, it’ll cost extra.


Cover information and limits in the table below correct as at 15 April 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Discounts and excesses

Yes costs extra

$550 - $1,900 (varies by state)

$600 for drivers under 21, $500 for drivers aged 21 to 24 inclusive, $600 for unlisted drivers, $500 for inexperienced drivers.

not disclosed (NSW)
not disclosed (SA)
not disclosed (ACT)
not disclosed (QLD)
not disclosed (WA)
not disclosed (VIC)
not disclosed (NT)
not disclosed (TAS)

5 years

15% discount on first year’s premium



Restricted Drivers Discount available

Service features

Optional Extra

Optional Extra


Save 15% on the first years premium when purchased online with a 21-day cooling off period. Up to 10,000 Velocity points for policies purchased by 30 September 2024.



Coverage summary

Agreed or Market

Yes - within 2 years or 40,000 kilometres of original registration, whichever comes first

Personal Effects cover in the event of a collision, theft or forced entry (up to $500)

Yes - standard excess. Option to reduce windscreen excess to $40 for an additional premium.

Up to $500

Automatic inclusion of up to $1,000 for emergency transport and accommodation (max $200 per day)

Yes - Up to 14 days, max $1,000 total.

Not at fault - Yes. At fault - Optional Extra, up to 14 days.

Yes - legal liability cover when using a substitute vehicle.

Up to $1,000 for trailer only.

Up to $1,000 if stolen.

Child seat or capsule cover in the event of a collision, theft or forced entry (up to $500)

Covered only if agreed in writing.

$5,000 within 12 months of accident.


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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