Budget Direct Comprehensive
- Get a 15%* online discount
- 24/7 Claims
- Lifetime guarantee on repairs
- Save by restricting younger drivers
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
Our insurance experts have analysed more than 30 of Australia’s most popular car insurance policies to make it easier for you to compare and save. Our star rating is based on 2023 Finder Awards research and has been calculated using 2 major factors: price and the level of coverage the policy offers. Remember, what’s best for you will differ from person to person so it’s always best to compare many policies and always read the PDS.
Why you can trust our research
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Finder's insurance team gathered 1,100+ car insurance quotes from 37 of Australia's most popular car insurers. From there, we compared over 640 features and scored them to find our winners.
Budget Direct's comprehensive car insurance policy won this year's Finder Award for best value. Its coverage is similar to the 30+ competitors we analysed but Budget Direct is typically cheaper than all of them. According to our recent 2023 research, the average policy costs $1,004 per year. That's cheaper than 27 other insurers including QBE, Allianz and NRMA.
Then Youi could be the car insurer for you. It won this year's Finder Award for features because it covers more than other insurers but is still comparatively cheap. For example, it's the only car insurance provider out of 32 to automatically include roadside assistance with its comprehensive policy.
With the right info to hand, comparing car insurance can be quick and easy. To get an online quote, you’ll need to know:
1. Personal details. Your name, address, gender, age.
2. Driver history. This includes how many claims you’ve made; how many demerit points you have; how long you’ve held comprehensive insurance (if at all).
3. Car details. Your vehicle’s number plate, make, model and colour; any modifications or damages (if any); how the car is used (for personal or business); the estimated kilometres you’ll drive in a year; finance details, such as a car loan or lease.
4. Insurance details. What level of cover you want; what you’re willing to pay as the excess; if you’re willing to pay for optional extras, such as roadside assistance or choice of repairer.
In a cost of living crisis, it pays to compare car insurance to make sure you're not paying more than you need to. Prices can differ a lot – in fact, here's a real-life example of 2 comprehensive car insurance policies that share similar features, yet are priced $245 apart.
|Policy A||Policy B|
|Market or Agreed value||Market value (insurer decides payout figure on date of claim)||Market value (insurer decides payout figure on date of claim)|
|Hire car after theft||Yes - Up to $75/day (max 14 days)||Yes - Up to $75/day (max 14 days)|
|New car replacement||Yes - if written off in first 2 years||Yes - if written off in first 2 years|
|Roadside assistance||Optional extra (not included in this premium)||Optional extra (not included in this premium)|
|Average annual cost||$1,216||$971.72 ($244.28 less)|
Car insurance is designed to protect you financially if your car is involved in an accident, is stolen, is damaged or causes damage to another person, vehicle or property.
There are 4 levels of car insurance. Compulsory third party (CTP) insurance is mandatory in Australia. This insurance only covers injuries to other people and legal costs. However, more comprehensive policies can also pay for expenses including repairs, replacement costs and third-party damage as well.
Your car insurance coverage will vary based on the level of cover you've purchased and who the provider is. Comprehensive car insurance is the highest level of cover and may cover you for things such as damage to your own vehicle, storm damage and theft. Third-party policies may cover you for damage to someone else's vehicle but not your own. You can use the table below to understand the different levels of cover and what may be included in each.
The table below outlines the differences between the 4 types of car insurance you can get in Australia.
|Car insurance benefits||CTP/Green Slip||Third party property damage||Third party fire and theft||Comprehensive|
|Damage to your own vehicle||No||No||No||Yes|
|Damage to someone else's vehicle (third party property)||No||Yes (for example, up to $20 million)||Yes (for example, up to $20 million)||Yes (for example, up to $20 million)|
|Weather events (storm, flood, hail)||No||No||No||Yes|
|Hire car after theft||No||Sometimes optional||Sometimes optional||Yes (for example, $70 per day for 14 days)|
|Personal effects||No||No||No||Yes (for example, up to $1,000)|
|Emergency transport/accommodation||No||No||No||Yes (for example, $100 per day, $900 in total)|
|Towing||No||Sometimes optional||Sometimes optional||Yes|
|Key replacement||No||No||No||Yes (for example, up to $1,000)|
|Legal liability for injuries or death to other people||Yes||No||No||No|
|Optional extras||CTP/Green Slip||Third party property damage||Third party fire and theft||Comprehensive|
|Reduced or no windscreen excess||No||No||No||Yes|
|Roadside assistance||No||Sometimes optional||Sometimes optional||Yes|
|Choice of repairer||No||No||No||Yes||Hire car after accident||No||No||No||Yes|
This is the only level of car insurance that covers damage to your own car as well as other people's vehicles and property. Additionally, you'll be covered if your car is damaged by hail, fire or storm or if it's stolen or vandalised. It can also help pay for key replacements, a hire car if yours is stolen and more.
This covers costs if you damage someone else's vehicle or property and can pay to repair or replace your car if it's damaged by fire or stolen. However, it doesn't cover you for damage to your own car due to an accident, storm or flood.
This only covers you for costs if you damage someone else's vehicle or property. It won't cover repair costs for your car.
Often called Green Slip insurance, compulsory third party is mandatory for every registered driver in Australia. In many states, it's included in your car registration. It helps cover compensation costs, such as hospital expenses, if you kill or injure someone in a car accident. It won't cover your car or someone else's car.
If you don't use your car that often, it can be much cheaper to get pay-as-you-drive car insurance. Alternatively, some insurers, including Budget Direct, Youi and Woolworths, reward you with cheaper premiums the less you drive. For example, if you drive less than 5,000km per year, you could save over $300 annually.
If you're after a cheap car insurance policy that covers the essentials, opt for a budget insurer like Bingle. Other insurers cost more because they come with additional benefits such as cover for stolen keys, cover for personal belongings and cover for a hire car if yours is stolen.
You have to pay an excess when you make a claim. Choosing a higher excess when you get a quote will lower your car insurance premiums. However, it can make claiming for smaller events pointless – for example, if you have around $1,000 worth of damage but need to pay a $1,000 excess.
Most insurers will charge you at least $200 less if you are able to pay for the full year instead of monthly.
Finder sourced 1000+ quotes across over 30 different providers to help you compare car insurance in your state. The providers listed in the table below were the top 5 cheapest of the providers researched and reflect the estimated annual cost based on the profile used. Keep in mind, your own cost will vary depending on your personal circumstances and it's always best to compare a range of providers.
We didn't include quotes for NT and ACT because the sample size was too small.
Here's a summary of common definitions you'll see with car insurance. Plus what they actually mean to help you while you're comparing.
Learn the factors that may cause you to be considered a high-risk driver and whether you might be eligible for cover.
Compare car insurance in Sydney and get a competitive price, while finding enough protection for your needs.
Find out how pay as you drive car insurance works and the benefits of getting cover in place and who it may be suitable for.
Find out how to get your car registration transferred in Victoria.
Club 4X4 offers specialist insurance for 4WDs that offers protection both on- and off-road.
Find out how car insurance in Australia covers additional drivers.
What you need to know about insurance if you’re involved in a car accident that wasn’t your fault.
Compare policies side-by-side with our complete guide to Toyota Prado insurance.
How to stay up to date with your car insurance and avoid any hassle.
Yes, you need car insurance to protect you from expensive bills following an accident.
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