What’s the biggest mistake people make when buying car insurance in Victoria? Let’s help others avoid it! As car insurance is very important if you own a car in Victoria, Australia. It doesn’t matter whether you live in Melbourne, Geelong, Ballarat or another part of Victoria, insurance helps protect you from big costs if your car gets damaged, stolen, or involved in an accident.
In Victoria, you must have Compulsory Third Party (CTP) insurance to drive legally. However, CTP insurance only covers injuries to people, not damage to cars.
That’s why many people buy extra insurance, such as:
- Comprehensive Insurance – It covers damage to your car and others’ property.
- Third-Party Property Damage Insurance – It covers damage to others’ property but not your car.
- Third-Party, Fire & Theft Insurance – It covers third-party property damage and protects your car if it is stolen or damaged by fire.
There are many auto insurance providers in Victoria, and each one has different prices and benefits. Some focus on cheap car insurance, while others provide premium coverage with roadside assistance.
In this blog, we will compare the top 10 auto insurance companies in Victoria for 2025. Whether you need affordable insurance, full coverage or extra benefits, this guide will help you find the right plan.
1. Budget Direct Auto Insurance Victoria– Best for Low Prices
Why Choose Budget Direct?
- One of the cheapest car insurance options in Victoria.
- Fast claims process and great customer service.
- Offers many discounts.
Budget Direct is one of the most affordable car insurance providers in Victoria. They offer cheap but reliable insurance for those who want to save money. Their policies include comprehensive and third-party car insurance, so customers can choose what suits them best.
Many customers like Budget Direct because of its quick claims process and low premiums.
2. AAMI Car Coverage Victoria – Best for Full Protection
Why Choose AAMI?
- It covers many risks, including theft, fire and natural disasters.
- Great choice for people who want full protection.
- Includes free roadside assistance.
AAMI is one of the most trusted car insurance companies in Victoria. Their comprehensive car insurance covers many situations, from accidents to natural disasters.
AAMI is not the cheapest but provides extra benefits like roadside assistance at no additional cost.
3. Bingle – Best for Online Insurance In Victoria
Why Choose Bingle?
- 100% online, making it easy to manage.
- It is one of the cheapest auto insurance options in Victoria.
- Fast and simple claims process.
Bingle is perfect for people who prefer online car insurance. Their website is easy to use, and they allow customers to change their policy anytime.
Because Bingle operates online, they save costs and pass those savings to customers by offering cheaper premiums.
4. Youi – Best for Custom Plans In Victoria
Why Choose Youi?
- Prices based on your driving habits.
- Good discounts for safe drivers.
- Friendly customer service.
Youi is different from other car coverage providers in Victoria because they personalize insurance based on how you drive. If you drive safely and don’t use your car a lot, Youi may offer cheaper prices.
This insurance is great for people who want a policy made just for them.
5. RACV – Best Auto Insurance for Victoria Residents
Why Choose RACV?
- Made especially for people in Victoria.
- Includes roadside assistance.
- Offers discounts to members.
RACV is one of the most trusted car insurance providers in Victoria. It focuses on local drivers and offers extra perks, such as travel and accommodation discounts for members.
Many Victorians choose RACV because of its great service and strong reputation.
6. Allianz – Best for Insuring Multiple Cars In Victoria
Why Choose Allianz?
- Offers discounts if you insure more than one car.
- Provides comprehensive and third-party options.
- Trusted worldwide.
Allianz is great for families or businesses that need insurance for more than one car. They offer discounts for multiple vehicles and have a strong reputation for handling claims quickly.
If you need good coverage and a company with a global presence, Allianz is a good choice.
7. NRMA – Best Car Insurance for Roadside Help in Victoria
Why Choose NRMA?
- 24/7 roadside assistance included.
- Offers many types of car insurance.
- Discounts for long-term customers.
NRMA is a great option for people who want comprehensive car insurance Victoria with roadside help. Their policies include emergency repairs and accommodation if your car breaks down far from home.
NRMA is one of the best auto insurance companies in Victoria if you want extra security while driving.
8. Coles Car Insurance Victoria – Best for Supermarket Shoppers
Why Choose Coles Car Insurance?
- Discounts for Coles loyalty members.
- Affordable insurance.
- Easy online claims process.
Coles offers cheap auto insurance in Victoria, making it a great budget-friendly option. If you shop at Coles, you can also earn Flybuys points, which can be used for discounts on groceries and fuel.
If you are looking for affordable auto insurance in Victoria and shop at Coles often, this is a good choice.
9. Woolworths Car Insurance Victoria – Best for Cashback Rewards
Why Choose Woolworths?
- Cashback rewards when you shop at Woolworths.
- Flexible payment options.
- Ideal for families with multiple cars.
Woolworths Car Insurance is great for people who want to save money on everyday shopping while getting good car insurance. Customers can earn discounts on groceries and fuel at Woolworths Petrol stations.
Here is a complete comparison of Woolworths car insurance with other providers in Australia. This is a budget-friendly car insurance Victoria option with extra perks.
10. GIO – Best for Coverage Of Expensive Cars In Vistoria
Why Choose GIO?
- Good coverage for luxury cars.
- Offers agreed or market value options.
- Quick claims process.
GIO is great for people who own expensive cars and need high coverage limits. If you have a luxury car, this is one of the best insurance providers in Victoria to ensure you are fully covered.
How to Choose the Best Car Insurance in Victoria
Before choosing auto insurance in Victoria, consider:
- Price – Is it affordable but still provides good coverage?
- Coverage – Do you need comprehensive or third-party insurance?
- Extras – Does it include roadside assistance or rental car cover?
- Customer Service – Is it easy to make claims and contact support?
To find the best car insurance in Victoria, compare different policies and check for discounts.
Final Thoughts:
Choosing the best auto insurance in Victoria can be confusing because there are many options. Whether you want cheap car insurance, full protection, or extra benefits, the top companies listed in this guide provide great choices.
Before picking an insurance provider, take time to compare policies and read reviews. Some insurers offer online tools that show quotes side by side, making it easier to decide.
No matter which insurance you choose, having auto insurance in Victoria gives you peace of mind and financial security. Drive safely and stay insured! 🚗💨
🏆 Which car insurance company do you trust the most in Victoria? Share your experience with us in the below comment section!
