Cheapest Car Insurance Quotes 2025

🚗 Compare the Cheapest Car Insurance Deals in Australia

💰 Get the Cheapest Car Insurance Quotes in Australia

Searching for cheap car insurance quotes that don’t compromise on cover? You’ve come to the right place. In Australia, the cost of car insurance can vary by hundreds of dollars depending on your vehicle, location, and driving history. Our free comparison guide helps you cut through the noise to find the best value policy and save money instantly.

Why Compare Car Insurance? (The Money-Saving Secret)

The single biggest factor in overpaying for car insurance is auto-renewal. Insurers often reward new customers with big discounts, meaning loyalty can cost you. By comparing car insurance prices every year, you ensure you’re always getting the new customer discount and the most competitive rates.

📊 Car Insurance Comparison Table: Top Australian Providers

Below is a snapshot of some of the leading Australian car insurance providers and their standout value points. Always click through to the provider for a personalised car insurance quote based on your specific details.

Insurer Key Value Proposition Typical Discounts/Incentives Cover Types URL Link
Budget Direct Consistently awarded for “Outstanding Value.” Strong for low-kilometre drivers. Up to 15% off for new policies purchased online. Low Kilometres policy discount. Comprehensive, Third Party Property, CTP (in some states). Visit Budget Direct
Bingle Simple, affordable, online-only insurance with a focus on low cost. Great for young drivers. None listed (focuses on “best price, always”). Comprehensive (2 tiers), Third Party Fire & Theft. Visit Bingle
Allianz A major global insurer offering a high level of coverage and stability. Offers online discounts and multi-policy discounts. Comprehensive, Third Party Property, CTP (in some states). Visit Allianz
AAMI Highly visible and popular Australian brand with strong market presence. New policy discounts, multi-policy discount. Comprehensive, Third Party Property, CTP (in some states). Visit AAMI
Coles Insurance Often offers competitive pricing and unique supermarket-related loyalty rewards. 15% off first year online, potential grocery shopping discounts. Comprehensive, Third Party Fire & Theft. Visit Coles Insurance
Youi Known for tailored policies based on how you use your car. Potential new customer discounts available online. Comprehensive, Third Party Property, CTP (in some states). Visit Youi

Disclaimer: The discounts and features above are general in nature and subject to change. Your individual premium will depend on your specific circumstances (car, age, location, etc.).

🧐 How to Find the ABSOLUTE Cheapest Car Insurance for You

The “cheapest” policy is different for everyone. Use these smart strategies to lower your premium:

1. Choose the Right Level of Cover

The most extensive cover is Comprehensive Car Insurance, which covers damage to your car, other people’s cars/property, and theft/fire. However, if your car is older or lower value, you can save hundreds by opting for a cheaper level:

  • Third Party Property Damage (TPPD): Covers the damage you cause to other people’s cars and property. This is the most affordable car insurance option.

  • Third Party Fire & Theft (TPF&T): Includes TPPD cover, plus cover for your car if it is stolen or damaged by fire.

2. Adjust Your Excess

The excess is the amount you pay out-of-pocket when you make a claim.

  • Higher Excess = Lower Premium: By choosing a higher voluntary excess (e.g., $1,000 instead of $600), you signal to the insurer that you are less likely to make small claims, resulting in a lower car insurance premium. Make sure you can comfortably afford the excess amount.

3. Restrict Your Drivers

If you restrict the drivers on your policy to over a certain age (e.g., drivers over 25), you can significantly reduce your risk profile and premium. This is a crucial tip for getting cheap auto insurance if you have no young drivers in your household.

4. Review Your Annual Kilometres

Many insurers, like Budget Direct and Youi, offer discounts for low annual mileage. If you work from home or use public transport, check to see if a low-kilometers policy could save you money.

❓ Frequently Asked Questions (FAQ)

Q: Is CTP the same as Comprehensive Car Insurance?

A: No. CTP (Compulsory Third Party) insurance (also known as a Green Slip in NSW) is mandatory for vehicle registration and only covers personal injuries to people involved in an accident where you are at fault. It does not cover damage to your car or other people’s property. You need an additional policy (Comprehensive or Third Party Property) for property damage cover.

Q: Do I need to get a new quote every year?

A: Yes! To ensure you secure the best car insurance deals, you should get a new quote from at least three different providers every year before your renewal date. Insurers offer their cheapest car insurance quotes to attract new customers.

Q: Which company has the cheapest car insurance?

A: The cheapest company changes constantly based on promotions and your personal details. However, online-focused insurers like Bingle and major discount brands like Budget Direct consistently rate highly for outstanding value in the Australian market.

✅ Ready to Compare and Save?

Don’t settle for your old policy. Use the links in our comparison table to check prices directly with the best value providers in Australia.

 

Other Tips

Your Money Magazine has listed Budget Car Insurance as the cheapest car insurance overall is Budget Direct Car Insurance

How to Save on your Car Insurance

  • Shop around. Can save you $100s if you get best deal. Amazing that people spend time trying to get few extra % interest but don’t shop around for car insurance.
  • Combine home, contents & car insurance. Up to 30% discount if you have them all with the same company. (State
  • Always maximise no claims discount (after 1st yr often 30% up to max 66%). Some companies offer no claims protection but remember this is only if you stay with the same company!
  • Consider getting immobiliser or alarm fitted as often get discount (check with your insurance company first)
  • Check the value of the car. May be more than it is worth.
  • Consider a higher excess (you agree to pay the first $250 instead of $100) may give you a discount.
  • Older drivers (usually over 50s) can get discount of up to 20% in some situations
  • Pay premium annually rather than monthly if you can get a lower quote or no surcharge
  • Restrict younger drivers. If you declare no one under 25 will drive the car you may get a discount.
  • Look at 3rd party, fire & theft insurance if your car isn’t worth much.

Some of the cheaper insurance providers:

Coles or Little Red Car Insurance Quote
Remember to check exactly what your insurance covers.
  • Some make you pay the excess until they get it back off the other car insurance even if you are not at fault.
  • Some don’t cover personal possessions.
  • Some don’t do new for old.
  • Some do cover new for old but only for cars under 1 year old whereas some offer it for 2 years.

Find Cheap Parking 

Brisbane Parking Guide – here

Nationwide Parking Guide here