- 15% off new online purchases*
- Best Value - 2023 Finder Award winner
- Cheaper than most insurers
- Best Features - 2023 Finder Award winner
- Automatically includes roadside assistance
- Cover for collisions, weather damage and more
- The cheapest policy on Finder
- Good at covering the basics
- Flexible payment options
- Cost-effective for 20-year-olds
- No added excess for under-25s
- Flexible monthly policy
Finding the cheapest car insurance
Our insurance experts have selected a handful of cheap comprehensive car insurance options based on 2023 Finder Awards research. You can also compare third party car insurance options below.
Keep in mind, these are the insurers that typically offer the cheapest options according to our research – but your prices will differ depending on your age, driving history, the car you drive and the the state you live in.
Why you can trust our research
30+
policies analysed
1,100+
quotes gathered
250+
hours of research
Cheap car insurance
Comprehensive car insurance is the only level of cover that protects your car as well as others. On average, prices start from around $767 per year, according to Finder research.
Provider | Adjustable excess | Restricted driver option | Online sign up discount/bonuses | Agreed or market value | Price | Apply |
---|---|---|---|---|---|---|
Market | $767 | More info | ||||
Agreed | $821 | Get a quote | ||||
Agreed | $906 | More info | ||||
Both | $1,000 | More info | ||||
Both | $1,004 | Get a quote |
Best value car insurance: Budget Direct
Our verdict
Budget Direct is a great all-rounder. It's good if you want a cheap policy that's good value for money.
Cheap car insurance with lots of features: Youi
Our verdict
Youi comprehensive car insurance is a competitively priced policy that gives you a lot for your money. It's a good option if you value good customer service and want to avoid big out-of-pocket expenses. If they don't quote you a price you're happy with, give them a call. This strategy has been tried and tested by several of the Finder team.
Cheapest car insurance: Bingle
Bingle comprehensive car insurance is a very cheap option. It's almost never beaten on price. The catch? It only covers the essentials and it has an all-online customer service and claims team.
Cheap car insurance for young drivers: ROLLiN'
ROLLiN' is cheap for young drivers. It's good if you're in your 20s and you can cancel any time.
Cheap third party car insurance
Third party property damage car insurance is a cheaper alternative to comprehensive car insurance. Keep in mind though, third party policies are cheaper because they don't cover damage to your own car.
Cheap car insurance in your state
Finder sourced over 1,100 quotes based on multiple driver profiles from 30+ comprehensive policies. We've broken our research down by state. These are the cheapest policies. Keep in mind, costs differ based on your own circumstances.
Cheap comprehensive car insurance
Provider | Price | Apply |
---|---|---|
$848.87 | More info | |
$863.47 | More info | |
$1,102.26 | Get a quote | |
$1,279.73 | Get a quote | |
$1,304.49 | More info |
Cheap comprehensive car insurance
Provider | Price | Apply |
---|---|---|
$720.32 | More info | |
$729.82 | Get a quote | |
$788.34 | More info | |
$911.60 | More info | |
$921.20 | Get a quote |
Cheap comprehensive car insurance
Provider | Price | Apply |
---|---|---|
$1,034.15 | More info | |
$1,035.74 | More info | |
$1,053.82 | More info | |
$1,163.76 | Get a quote | |
$1,259.28 | More info |
Cheap comprehensive car insurance
Provider | Price | Apply |
---|---|---|
$638.88 | More info | |
$794.90 | Get a quote | |
$810.81 | More info | |
$861.08 | Get a quote | |
$873.03 | More info |
Cheap comprehensive car insurance
Provider | Price | Apply |
---|---|---|
$669.13 | More info | |
$716.70 | Get a quote | |
$815.88 | More info | |
$856.75 | Get a quote | |
$873.89 | More info |
Cheap comprehensive car insurance
Provider | Price | Apply |
---|---|---|
$623.32 | More info | |
$762.04 | Get a quote | |
$868.46 | More info | |
$874.00 | More info | |
$939.983 | Get a quote |
We didn't include quotes for NT and ACT because the sample size was too small.
Tips for finding cheap car insurance
- Compare online. Loyalty doesn't pay with car insurance – the best value policy today might be more expensive when it renews next year. Shop around and you could save hundreds of dollars.
- Restrict drivers. Choosing not to let drivers under 25 drive your car can lead to a premium saving.
- Choose a higher excess. You'll have to pay more upfront to make a claim, but taking a higher excess will lower your regular premiums.
- Pay annually. Some car insurers offer discounts if you're able to pay your annual premium upfront rather than in monthly instalments.
- Keep your car in a garage. Your car is safer if it's kept in a garage or in an off-street parking spot, so your premium should be less.
- Pay-as-you-go. If you don't use your car much, consider a pay-as-you-drive insurance policy. It can be a cheaper alternative if you drive fewer than 15,000km per year.
"When I got my renewal notice, my car insurance premium was due to increase by 21%. I got quotes from 5 other providers and then called my existing provider to let them know I was thinking of switching. They immediately knocked about $200 off the renewal cost and became the cheapest provider of those I'd researched. Not only did I get a cheaper deal, I got to stay with the insurer of my preference and didn't have to compromise on any features."
Expert tips on finding cheap car insurance
You don't always have to jump on board with a provider offering the lowest price. That's why we decided to include a value pick as well as one for cost. Take Budget Direct. They'll cover your personal belongings for up to $500 against theft or damage; plus, there's a separate benefit of $500 for child seats. Whereas Bingle only offers child seat cover. Yet overall, Bingle has more competitive pricing. Which is better, then? It really depends on your circumstances and the way you balance peace of mind against cost.
James Martin
Editor
There are some powerful price levers to pull when it comes to car insurance, including opting for a larger excess or removing cover for under-25 drivers (if you're absolutely sure none will drive your car). Just don't skimp on rental car cover...they are expensive right now and repairs, because of hugely high demand, are taking ages.
Nicole Pedersen-McKinnon
Freelance finance journalist
I like a bargain, but I also like to know I'm actually getting some decent cover in return. That's why, for me, comprehensive car insurance is worth getting over third party cover, solely because it covers damage to your own car – plus, there are still a few cheap options.
Gary Ross Hunter
Insurance and innovations editor
With the cost of living skyrocketing, looking at your car insurance could be a huge opportunity to save. We reviewed over 1,000 comprehensive car insurance quotes and found a massive difference of $1,456 between the cheapest and most expensive policy. Bottom line – if you haven't shopped around recently, this is a huge chance to save money.
Sarah Megginson
Managing editor at Finder
Insurance premiums are on the rise
PocketSmith's Global Household Spending Snapshot shows monthly spending on general insurance in September 2023 was 4% higher than September 2022, equating to a dollar value of $15. This adds up to be an annual dollar value of around $180. In a landscape where every cent counts, comparing your options is crucial.
Frequently asked questions about cheap car insurance
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Ask a question
Wanting to ask 2 questions please
Do you have motorhome insurance
Wanting to insure a holiday home that is frequented every 3 months
Hi Karen,
Finder does not currently have access to any motorhome insurance brands, butthis guide provides some information that can help you make a decision.
You can also see some options for holiday home insurance here.
Hope this helps!