Best Car Insurance

If you're a regular driver, a good car insurance policy can grant you peace of mind. With so many providers and policies on the market, dipping into the policy pool can be confusing. Use this guide for tips on how to find the best, cheapest car insurance for you, whether comprehensive or third party. Continue Reading...

157 listings

Best Car Insurance

Seniors Car Insurance
  • Award Winner 2022
  • 2021

Seniors Car Insurance

 · includes 3 listings
4.7 from 2,774 reviews

Australian Seniors Car Insurance offers 4 different cover options to help Aussies over 50 stay safe and confident on the road, whether they drive frequently or occasionally.

Helpful, attentive customer service
Competitive rates
Smooth claim process
  • Transparency
    4.6 (1,992)
  • Customer Service
    4.7 (2,070)
  • Value for Money
    4.7 (2,164)
  • Claim ApprovedYes (121) · No (5)
  • Coverage TypeComprehensive, Third Party, Fire and Theft and Third Party Property Damage
  • UnderwriterHollard
  • Legal Liability Cover Included up to $20 million
  • Roadside Assistance Optional Extra
  • Reduced or Zero Excess Windscreen CoverZero Excess Optional Extra and Not Offered
  • Choice of RepairerNot Allowed
  • Inclusions Towing Costs, Hire Car after a No Fault Accident, Hire Car after an Incident, Essential / Emergency Repairs and Emergency Transport & Accommodation
2nd Best Car Insurance
Australian Warranty Network
  • Award Winner 2022
  • 2021

Australian Warranty Network

 · includes 3 listings
4.5 from 1,043 reviews

Latest review: I am using AWN mechanical breakdown insurance since 6 years for my both BMW and Audi Q7. Couple of times I encountered mechanical issues for my both cars since I took insurance from AWN. Amazingly

  • Transparency
    4.7 (526)
  • Customer Service
    4.7 (567)
  • Value for Money
    4.7 (557)
  • Claim ApprovedYes (506) · No (5)
  • Coverage TypeMechanical Breakdown / Extended Warranty
  • UnderwriterLloyd's
  • Legal Liability Cover Not Included
  • Roadside Assistance Optional Extra
  • Reduced or Zero Excess Windscreen CoverNot Offered
  • Choice of RepairerNot Allowed
  • Inclusions Towing Costs, Hire Car after an Incident and Emergency Transport & Accommodation
3rd Best Car Insurance
Youi Car Insurance

Youi Car Insurance

 · includes 3 listings
4.1 from 6,824 reviews

Youi Car Insurance has produced many-a-happy customer, with Youi being an 2019 Award Winner in the ProductReview.com.au Awards.

  • Transparency
    3.7 (700)
  • Customer Service
    3.9 (829)
  • Value for Money
    3.7 (798)
  • Claim ApprovedYes (55) · No (17)
  • Coverage TypeComprehensive, Third Party, Fire and Theft and Third Party Property Damage
  • UnderwriterYoui
  • Legal Liability Cover Included up to $20 million
  • Roadside Assistance Included and Not Offered
  • Reduced or Zero Excess Windscreen CoverReduced Excess Optional Extra
  • Choice of RepairerOptional Extra and Not Allowed
  • Inclusions Towing Costs, Hire Car after a No Fault Accident, Hire Car after an Incident, Essential / Emergency Repairs and Emergency Transport & Accommodation
Integrity Extended Warranties

Integrity Extended Warranties

 · includes 2 listings
4.0 from 769 reviews

Latest review: I must compliment the Company on how quick they turn these warranty claims around. Good old fashiopned customer service. How good is that in this age. One week for approval. I have twice had a claim

Budget Direct Car Insurance

Budget Direct Car Insurance

 · includes 5 listings
3.9 from 7,800 reviews

Latest review: Had a hit and run car accident and because I could not give the other cars details I was hit with all the fees now budget no longer want to insure me for something that was not my

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We compared reviews on the Top 5 Most Popular Car Insurance Providers

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ahm Car Insurance

ahm Car Insurance

 · includes 3 listings
4.4 from 39 reviews

Latest review: I'm lovn ahm, love the choices in policies, easy to sort and deal with. You can get whatever you want for great prices, affordable and communication is awesome, happy I found

Presidian
4.3 from 40 reviews

Latest review: Car door actuator failed, contacted Presidian and was supplied with Repairers in the local area + Free tow within 20kms Car was Picked up on the Monday and was approved for repair by Wednesday,

Real Car Insurance

Real Car Insurance

 · includes 3 listings
3.3 from 545 reviews

Latest review: Be able to tailor for what I need, and always no hassle if unlucky enough to claim. Have been with Real for over 10 years , won't hesitate to introduce Real to anyone

Huddle Car Insurance

Huddle Car Insurance

 · includes 2 listings
3.3 from 195 reviews

Latest review: Huddle black insurance covered me fully and claim process was easy and i was given choice of repairer, Work done exceeded my expectations, Lewis from Huddle insurance helped me on all steps, Highly

eric insurance

eric insurance

 · includes 4 listings
3.2 from 152 reviews

Latest review: Attempted to contact Eric Insurance on multiple occasions. I never get to speak to a real person and I request a call back. I never get a call back. All I want to do is update my direct debit

Enthusiast Motor Insurance

Enthusiast Motor Insurance

 · includes 2 listings
3.6 from 19 reviews

Latest review: My husband and I had been told about Enthusiast Motor Insurance through a car club we just joined for our Classic cars. As our policy was due for renewal I thought I would give them a try. What a

Woolworths Car Insurance

Woolworths Car Insurance

 · includes 3 listings
2.4 from 953 reviews

The scores for Woolworths Car insurance in specific areas were roughly even, with value for money receiving 2.6 stars, customer service at 2.5 stars, timeliness at 2.6 stars, and transparency coming in at 2.6 stars.

SGIO Car Insurance

SGIO Car Insurance

 · includes 5 listings
2.5 from 270 reviews

Latest review: My cover was agreed value, monthly payments of 150 , i made numerous calls asking for my cover to increase , was told its the highest , but never told market value was the cover to have costing 100 a

Allianz Car Insurance

Allianz Car Insurance

 · includes 4 listings
2.3 from 927 reviews

Latest review: Do not insure with Allianz. Firstly, their online services are Rubbish, I had 5 policies with and could not get a single one to show online. Secondly their phone support, after 45 minutes of call

SGIC Car Insurance

SGIC Car Insurance

 · includes 6 listings
2.3 from 165 reviews

Latest review: While they got on with organising the repair of my car, when it came to getting the cost of the hire car reimbursed, which was part of the insurance I pay for, I spent 3 hours on the phone trying to

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RAC Car Insurance

RAC Car Insurance

 · includes 4 listings
2.2 from 220 reviews

Latest review: My car got broken in. My bag was stolen with car keys in its. Claim refused to pay for key replacement due to negligence. My car was fully locked and was forced entry with window was smashed.

Shannons Car Insurance

Shannons Car Insurance

 · includes 2 listings
2.2 from 244 reviews

Latest review: Long story short, my car was damaged at no fault of my own, at a car wash. Nearly every panel was damaged. They rejected my claim . Assessor called and didnt want to hear from me what happened. Didnt

Suncorp Motor Insurance

Suncorp Motor Insurance

 · includes 4 listings
2.1 from 227 reviews

Latest review: Worst service imaginable - makes Centrelink and Telstra look like saints !! Avoid avoid avoid this insurance company at all costs and choose a company that will value your loyalty and money as

APIA Car Insurance

APIA Car Insurance

 · includes 3 listings
2.1 from 191 reviews

Latest review: Absolutely disgusted in how this company treats its customers. For a company that is targeting pensioners they should be shut down immediately. They underinsure pensioners to seem cheaper. Make total

GIO Car Insurance

GIO Car Insurance

 · includes 5 listings
2.0 from 285 reviews

Latest review: GIO you should hire more accessors so that your clients don't have to wait over a month just for assessment. Ridiculous! Focus on customer care and quick turnaround time. I wasn't expecting this lag

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Should I get car insurance?

Weighing up car insurance

Car insurance may seem like a hefty expense. This can be especially true if you’re a young or a new driver, or pay your car insurance premium in one lump sum.

However unexpcted accidents do happen, and unless you can afford to pay for repairing another driver’s car outright - which can cost thousands - a good car insurance policy can save you from paying through the nose.

There are budget providers along with the better-known household names of insurance companies. You can also opt for a more affordable type of policy rather than comprehensive car insurance, which is pricier. With such a wide selection of policies and companies on the market, you're bound to find something that suits you.

Types of Car Insurance

CTP or green slip: The Compulsory One · See All

Short for Compulsory Third Party Insurance, this is the mandatory insurance you must purchase before you’re legally allowed to register a car. In NSW, you need to independently select and buy your CTP, compared to other states in Australia, where it’s included in the cost of your registration.

Having CTP car insurance means that if you get into an accident and the other driver sustains injuries, you won’t be held liable. Also, it will cover hospital expenses for the other party. It covers personal injury only. Your green slip won’t cover damage caused to property – namely, your car or another person’s car.

In NSW, there are five licensed greenslip providers to choose from: AAMI, Allianz, GIO, NRMA Insurance and QBE. In Canberra, there are four providers: NRMA, GIO, AAMI and APIA. In South Australia, there are also four: AAMI, Allianz, QBE and SGIC.

CTP Insurance is included in the cost of registration for the following states and territories: Victoria, Queensland, Western Australia, Tasmania and the Northern Territory.

Third Party Property Damage Insurance: The lowest level of optional cover · See All

Not to be confused with Compulsory Third Party, this is the most basic level of optional cover. Third Party Property Damage insures against damage caused to another vehicle, by you. It doesn’t protect you against theft or damage caused to your car.

Best suited to drivers who:

Don’t want to foot the bill for someone else’s car repairs from their own pocket, and
Would prefer an insurance option significantly cheaper than comprehensive cover, and
Aren’t too concerned about their own car, as it’s not covered under this policy. This might be suited to drivers with cheaper, older cars they’re not sentimentally attached to - with the exception of vintage cars, which are usually expensive to insure.

Third party property, fire and theft insurance: The next best thing after comprehensive cover · See All

This level includes everything provided by Third Party Property Damage Insurance. It additionally covers you if your car is stolen or burned. In limited cases, third party property, fire and theft insurance can cover you if you aren’t at fault and your car incurs damage caused by an uninsured driver.

Best suited to drivers who:

Want a higher level of cover than Third Party Property Damage Insurance, but can’t quite afford comprehensive car insurance.
Are concerned about the safety of their car, either due to location or time of day, it's parked.
Are interested in Third Party Property Damage cover, but are also seeking a baseline level of protection for their own car.

Comprehensive Car Insurance - The All Rounder · See All

As the top level of car insurance, a comprehensive policy offers the most protection for your car. It will cover you for everything included in the other two optional policies, and more.

This commonly includes: intentional or accidental damage to property (your car and another person’s car, regardless of fault), loss or theft of your car, vandalism, weather events such as storms, floods, fire and hail, and in some cases hire cars and emergency accommodation (The specific inclusions and exclusions will depend on your unique policy).

It's worth getting comprehensive car insurance if:

You prefer to protect your car and wallet from the widest range of possible misfortunes that could happen.
You're prepared to pay a little more than you would with another insurance type - comprehensive is the most expensive cover for your car.

Tips for comparing car insurance

Be clear on your excess.

While it may be tempting to automatically select the cheapest car insurance policy, this isn’t necessarily the best financial decision. Lower-cost premiums equate to a higher excess, sometimes upwards of $850. If, in the event of an at-fault accident, you won’t be able to afford this expense in one hit, consider a higher premium.

Read the Product Disclosure Statement, or PDS.

Let's face it - the majority of these are a bit long and boring. But having an informed understanding of the terms of your policy is worth it and can save you unwelcome surprises in the future. A portion of 1 star reviews of car insurance policies on ProductReview.com.au involved pain points that could have been avoided if the PDS had initially been carefully assessed.

A PDS should explain your excess and spell out in detail what you are entitled to claim under the policy. This includes any add-ons you have opted for. It should also cover policy exclusions, information about claiming, as well as contractual information about a cooling off period or policy cancellation.

Don’t be afraid to shop around.

Compare, compare, compare. You don’t even need to pick up a phone; simply fill out online car insurance quote forms from a variety of companies. Compare both the cost and quality of cover as outlined in the PDS. Selecting a car insurance policy shouldn’t be a rush decision, as it can have considerable financial impacts down the line.

Review your policy annually

While it can be extremely tempting to click ‘Renew Now’ when you receive an email about your car insurance policy's imminent expiration, you'll most likely be paying more than you need to.

Often insurers make their renewing customers pay more than new customers. After a year with an insurer, first-time customer discounts no longer apply, and insurers unfortunately don’t apply discounts for customer loyalty.

As a result, the ‘Renew now’ option has been dubbed as ‘the lazy tax’ incurred for not shopping around. It might not be as convenient as clicking a button, but you’re much more likely to find a better deal.

Look for discounts

If you’re asking ‘How can I get the cheapest car insurance?’ keeping an eye out for discounts is one of the best ways.

This is particularly the case if have an automatically higher premium due to your demographic (for example you're a male under 25) or your circumstances (for example, you're the driver of a European, sports or vintage car). As a general rule of thumb, if the annual amount you pay for car insurance is higher than 10% of your car’s value, you’re paying too much.

Discounts can be applied for:

  • Restricting the number of drivers using your car
  • Restricting the age of people driving your car (e.g. no under 25s)
  • Restricting the number of kilometres you drive using the vehicle, sometimes known as a ‘pay-as-your-drive’ discount
  • Making no claims for a certain number of years – referred to as the 'no claims discount' or 'safe driver bonus'
  • Taking out additional policies with the insurer – known as a ‘multi policy discount.'

Conversely, if you prefer extra features or protection in your car insurance that’s also available - either as part of the policy package, or as an optional add-on for an extra cost.

Included Benefits or Optional Extras can include:

Thanks for reading, we hope that this guide helps you choose the best car insurance policy for you, so you can enjoy driving your car confidently, knowing it is protected.

Disclaimer: The information on this website is for general information only. It should not be taken as constituting professional advice from the website owner - ProductReview.com.au. ProductReview.com.au is not a financial adviser. You should consider seeking independent legal, financial, taxation or other advice to check how the website information relates to your unique circumstances. ProductReview.com.au is not liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on, the information provided directly or indirectly, by use of this website.