When it comes to finding the best car insurance in Australia, we’ve done extensive research on over 30 policies and narrowed the selection down to a few top picks based on their value, features, and benefits. Here are our recommendations:
Best Price: Budget Direct
- Enjoy 15% discount on online purchases.
- Winner of the 2023 Finder Award for Best Value.
- Offers competitive rates compared to most other insurers.
Best features: Youi
- Winner of the 2023 Finder Award for Best Features.
- Automatic roadside assistance is included as a standard feature.
- Provides coverage for collision, weather damage, and more.
Young Drivers: ROLLiN’
- Cost-effective option for 20-year-olds.
- No additional surcharge for drivers under 25 years of age.
- Offers flexible monthly policy options.
Cheap price: Bingle
- The cheapest policy listed on Finder.
- Provides good coverage for essential needs.
- Offers flexible payment options.
Finding the best car insurance:
We understand that everyone’s needs are different, so we conducted thorough research based on the 2023 Finder Awards, customer surveys, and data from the Australian Financial Complaints Authority (AFCA). It’s important to note that we only considered comprehensive car insurance policies because they cover damage to your own vehicle. To find the best policy for you, we recommend doing your own research.
Best for the price: Budget Direct comprehensive car insurance
- Budget Direct was awarded the 2023 Finder Award for Best Value Car Insurance for offering comparable coverage at low cost.
- The average cost of the policy is $1,004 per year, cheaper than 27 other insurers including QBE, Allianz, and NRMA.
- It offers similar coverage to more expensive insurers, including coverage for damage to your car, third-party property damage, and stolen personal items coverage and replacement for a new car within the first 2 years. .
- Budget Direct’s premiums are consistently lower than the average in every state.
Best for Features: Youi comprehensive car insurance
- Youi won the 2023 Finder Car Insurance Award for Best Features.
- It automatically includes roadside assistance with its comprehensive policy, setting it apart from other insurers.
- Youi provides coverage for accidental damage, theft, towing expenses and new car replacement within the first 2 years.
- Although it offers competitive rates, Youi requires you to speak to a representative over the phone to purchase a policy, which may not be convenient for those who prefer the online process.
Finder’s Best Choice for Young Drivers: Rollin’
- ROLLiN’ offers the most cost-effective comprehensive car insurance premiums for children with an average age of 20 years.
- There are no extra charges based on age. Drivers pay an additional $800 per registered driver (unregistered drivers lose more than $3,000).
- ROLLiN’ provides agreed value cover, ensuring the value of the insured car, particularly useful for modified vehicles.
Finder’s Best Choice for Young Drivers: Rollin’
- ROLLiN’ offers the most cost-effective comprehensive car insurance premiums for children with an average age of 20 years.
- There are no extra charges based on age. Drivers pay an additional $800 per registered driver (unregistered drivers lose more than $3,000).
- ROLLiN’ provides agreed value cover, ensuring the value of the insured car, particularly useful for modified vehicles.
