ahm car insurance review

ahm offers a decent level of coverage but might not suit drivers on a tighter budget.

4.2 ★★★★★ (54 reviews) Write a review
ahm

Our verdict

Pros

  • Up to $1,000 covered for locks and keys. Some providers only cover up to $500.
  • With lots of customisation options, drivers can tailor cover to suit their needs
  • If you have low mileage, ahm's Pay As You Drive Cover could save you up to 30%

Cons

  • Of the 30 car insurance policies we compared, ahm's was more expensive than most
  • Up to $500 covered for personal items - some providers offer up to $1,000
  • There's no option to extend hire car cover after an at-fault accident

How does ahm compare with other car insurers?

ahm's comprehensive car insurance sits around the middle of the pack. Its pricing excludes it from being a cheap car insurer yet it limits remain lower than some higher-end car insurance providers.

Features

Product FCI Finder Score Choice of repairer New Car Replacement Roadside assistance Hail, storm and flood damage
Finder Score
Optional
  • If your car is written off in the first 2 years or is under 40,000kms
  • Optional
    Summary: The 2024 winner of our Best Value Car Insurance award. It's cheaper than most, plus you can lower costs by adding age restrictions.

    ⭐ Current offer: 15% off your first year's premium when you take out a policy online. T&Cs apply.

    Who it might be good for: Anyone who wants a good value policy.
    ahm logo
    Finder Score
  • If your car is written off in the first 2 years
  • Optional
    Summary: Its "pay as you drive" cover can save you up to 30% compared to its standard comprehensive cover. There's also no excess to pay if you hit a Kanga or other animal.

    Who it might be good for: Rural drivers and those who drive less than 15,000 km a year.
    NRMA logo
    Finder Score
    Optional
  • If your car is written off in the first 2 years
  • Optional
    AAMI logo
    Finder Score
  • If your car is written off or stolen in the first 2 years
  • Optional
    Summary: AAMI's comprehensive policy includes cover for legal modifications and accessories and up to $20 million cover for damage to other people's property. Optional extras like windscreen and window glass cover is also available.

    ⭐ Current offers: Save $50 when you buy a new comprehensive car insurance policy online. T&Cs apply.

    Who it might be good for: Safe drivers can benefit from the AAMI Safe Driver Rewards® program.
    Allianz  logo
    Finder Score
  • If your car is written off or stolen in the first 2 years
  • Finder’s summary: Allianz is good if you want agreed value (this lets you agree on an amount to cover your car for. For a big insurer, it also has a strong customer service record.

    Who it might be good for: Anyone who wants good customer service and agreed value cover.
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    Price

    Cost research for the 2024 Finder Awards found that, on average, ahm's comprehensive car insurance policies cost $1,469 a year. That's $106 higher than the industry average of $1,362.

    The below table is based on quotes from a fictional driver and your own quotes will differ.

    Keep in mind, the best car insurance for you may depend on more than just price.

    InsurerNSWQLDSATASVICWAAustralia averageApply
    ahm logo
    $1,783
    $1,305
    $1,344
    $1,162
    $1,931
    $1,289
    $1,469
    $1,148
    $941
    $978
    $829
    $1,180
    $880
    $992
    youi
    $1,640
    $1,307
    $1,087
    $1,155
    $1,599
    $1,363
    $1,359
    NRMA logo
    $2,027
    $1,154
    $1,038
    $1,004
    N/A
    $1,034
    $1,043
    AAMI
    $1,884
    $1,106
    $1,015
    $985
    $1,318
    $1,002
    $1,218

    About our car insurance methodology

    Compare ahm's policies

    Product FCI
    Accidental damage
    Roadside assistance
    Fire and theft
    New Car Replacement
    Hire car after theft
    ahm logo
    Optional
  • If your car is written off in the first 2 years
  • Up to $70 per day - Up to 14 days
  • Summary: Its "pay as you drive" cover can save you up to 30% compared to its standard comprehensive cover. There's also no excess to pay if you hit a Kanga or other animal.

    Who it might be good for: Rural drivers and those who drive less than 15,000 km a year.
    ahm logo
    Optional
    Optional
  • Optional add-on
    People who want to add roadside assistance and a flexible excess option (which can help lower your premium). It only covers up to $3,000 if your vehicle is damaged by an uninsured driver at fault who you can identify.
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    What additional cover options are available?

    Ahm offers a broad range of optional add ons that allow drivers to customise their policies to better suit their specific needs. They include -

    • Pay as you drive cover - Cheaper cover for drivers who don't drive frequently, or far
    • Roadside assistance - A 24/7 recovery service to help get back you back on the road
    • Hire car - Add on a hire car if you ever claim for theft or damage to your vehicle
    • Kanga cover - ahm will repair or replace your car, excess free, for one animal collision a year
    • Sports gear cover - Up to $3,000 to cover sports equipment while it's in or on your car
    • Excess free windscreen - Get your windscreen repaired or replaced, excess free, once a year

    FAQs

    Compare other products from ahm

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    Journalist

    Nicola Middlemiss is a journalist with nearly a decade of experience in personal finance and insurance. She has contributed to Domain, Yahoo Finance, Money Magazine and Insurance Business Australia, offering in-depth insights into commercial insurance in the Australian market. Nicola holds a Bachelor’s degree in English from the University of Leeds and a Tier 1 General Insurance (General Advice) certification, which complies with ASIC standards. See full bio

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