Get a quote online and save 15%
Getting a car insurance estimate, or quote, is the first step towards buying a new car insurance policy.
Basically, we ask you some questions, assess the risk of insuring you and your car, and then calculate the premium we would charge you.
If you buy a Gold Comprehensive or third party insurance policy online, you’ll receive a 15% discount on your premium.
How is the cost of car insurance calculated?
There are lots of factors that can influence your premium, including:
Choose your cover
With Budget Direct, you can select one of three types of car insurance:
Compare our prices
Insurers assess and price risk differently and their premiums can vary by hundreds of dollars, so it pays to compare before you buy.
Because we don’t insure unsafe drivers, we can keep our premiums lower for safer drivers like you.
Use the Budget Direct Comparitron to see what customers in your state told us they saved, on average, by switching their car insurance to Budget Direct.
How much can I insure my car for?
With Budget Direct, you can insure your car for its market value or, in some cases, for an agreed value.
Market value is the reasonable cost to replace your vehicle with one of the same make, model, age, mileage and overall condition.
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, as long as:
- your car is less than 10 years old; and
- your vehicle has not been converted to LPG; 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.
Frequently asked questions
Is it cheaper to pay my premium annually?
Yes – by paying annually instead of in instalments (i.e. fortnightly or by the month), you’ll pay a lower premium and avoid administration fees.
Can I transfer my no-claim bonus or driving driver rating from my current insurer to Budget Direct?
Yes – as long as you supply us with proof of your current no-claim bonus (or no-claim discount, as we call it) or driver rating.
For example, you may have a renewal notice from your current insurer that shows your no-claim bonus or rating.
We’ll factor in the rating when we calculate your premium.
I don’t drive my car a lot – can I get a discount?
If you clock up less than 12,000 kilometres per year, you can request a ‘low-kilometres policy’, which entitles you to a discount on your premium.
You must tell us the odometer reading of your car within 21 days of your cover starting and also at the time of any claim.
The kilometres per year you select will be shown on your insurance certificate and in your online account.
Note that if you exceed this limit or do not provide us with your odometer reading when required, and then make a claim, you’ll have to pay an additional excess.
Car Insurance Knowledge Base
Your questions about insurance all
answered in one place.