Car Insurance Quotes

Budget Direct offers three types of car insurance:

• Comprehensive covers the loss of, or damage to, your vehicle due to an accident (regardless of who's at fault), vandalism, fire, weather, and theft. It also covers damage caused by your vehicle to other people's property (e.g. their car and home).
• Third Party Property Only covers damage caused by your vehicle to other people's property (e.g. their car and home). It does not cover damage to your vehicle (unless it's damaged in a no-fault accident with an uninsured driver, in which case you have limited cover).
• Third Party Property, Fire and Theft provides the same protection as Third Party Property Only plus cover for loss or damage to your vehicle if it's stolen or catches fire.

The type of cover you have is shown on your car Insurance Certificate.

By not insuring unsafe drivers, we can keep our car insurance premiums low for safer drivers like you.

Depending on the type of car insurance you choose, there are a number of ways you can reduce your premium even further, namely:

• Select the right level of cover. Do you need comprehensive cover for your car, or would third party property insurance be enough?

• Set a driver-age restriction. You can get a lower premium by restricting your policy to drivers over a certain age (21+, 25+, 30+, 40+, 50+).

• Increase your excess. If you're comprehensively insured and you increase your Basic Excess, we'll reduce your premium.

• Maintain a good driving record. For each claim-free year, you'll receive a no claim discount (NCD) on your premium; the NCD is capped at 5+ years, at which point we'll give you a Rating 1.

With Budget Direct, you can insure your car for its market value or, in some cases, for an agreed value.

Market value is the value of the car at the time of the loss or damage, taking into account factors such as reasonable cost to replace your car with one of the same make, model, age, kilometres travelled mileage and overall condition. We may use local market prices, recognised industry publications or other sources to determine the market value.

To get an idea of what your car may be worth, search for it in the Red Book or on car sales websites.

Please note that the prices provided by these sites are only meant to be a guide. Your car's market value will be determined by us at the time of the loss or damage.

Agreed value is the amount we agree to insure your car for. We may offer you an agreed value, provided:

• your car is less than 10 years old; and

• your car has not been converted to LPG; and

• the car has no pre-existing damage; and

• the agreed value is within an acceptable range of the market value.

The value for which your car is covered is shown on your Insurance Certificate and in your online account.

A car insurance excess is the fixed amount you pay towards a claim.

Depending on the circumstances of the incident that led to your claim, you may have to pay more than one excess: your Basic Excess plus any additional excesses that apply.

For example, if someone under the age of 21 causes an accident while driving your car, you'll have to pay your Basic Excess (let's assume it's $600) plus an additional excess of $600 due to the driver's age.

It means that if the damage bill was $5,000, you would pay $1,200 and we would pay $3,800. 

On top of that, an additional excess of $500 would also apply if the driver who caused the accident hasn't held their full or open Australian licence for two or more years.

This means if both of these excesses were applied to a damage bill of $5,000, you would pay $1,700 and we would pay $3,300

Your Basic Excess and the additional excesses are shown on your Insurance Certificate.

If you make a claim, we'll tell you which excesses apply and when and how to pay them.

You won't have to pay an excess if the accident is deemed a no-fault accident.