Cheap Car Insurance Guide - get the best quote for you!
Not all drivers are the same and no one car insurance policy will be the best fit for everyone, even if it is the cheapest quote. Just moving to a different suburb makes a difference to which policy will suit you. This is where the CANSTAR CANNEX car insurance profiles come in handy. If you're looking for the cheapest or best car insurance quote that suits your driving profile, consider the following.In order to make a short list of insurance products that may suit you, first decide which driver profile best matches you. Then simply go to the driver profile in the state you live to find CANSTAR CANNEX star rated products and their average premiums. We have identified eight unique driver profiles that reflect the majority of the spectrum of drivers (see below). Each profile has different expectations of their car insurance policy and so the car insurance star ratings assigns different importance to fees and features for each profile. We also selected two cars for each profile that we considered were the most representative of the likely vehicles being driven. Not everyone will slot neatly into one of the driver profiles listed below. There are bound to be those few drivers who fall outside a category, for any number of reasons. Driving profiles may not suit you if:
Car Insurance ProfilesYoung Drivers – Male under 25, Female under 25For drivers at the entry point of car insurance, we took a realistic approach and set the car's value at under $27,000. We gave driver ratings of 4 and included one speeding ticket received within the last 12 months. From a car insurance point of view, the sex of young drivers can make a difference, with young males deemed a bigger risk, according to road crash statistics.Male Driver – mid-to-late 20s, Female Driver – mid-to-late 20sAn accident-free driving record means these drivers, aged 25 to 29, have progressed to a rating 1. For our profile, we put this driver behind the wheel of a medium-priced car, valued under $35,000. As no-one under 25 will be driving this car, it’s ideal if looking for a standard comprehensive policy with no extras. The difference in sex, while not as crucial as in the young, first-time drivers, is nevertheless of significance to some car insurance companies.Driver – over 30As there are no young drivers to be considered with this profile, this male or female benefits further from competitive prices. The driver in this profile qualifies for the full no-claim bonus and saves even more on annual premiums by covering minor incidents with his or her own money. The value of the car driven is under $45,000.Executive Car Driver – over 30No kids, at least not of driving age, and more disposable income mean this driver can afford a more expensive and desirable car. Sure, the car costs extra to insure but this driver qualifies for the full no-claim bonus. For our profile, we have selected the market value of the car driven by the car connoisseur to range from $45,000 to $75,000.Family – with at least one young driverThe stereotypical family consists of mum, dad and perhaps a son and daughter who are both aged under 25. The family wishes to insure a car, valued at under $45,000, for the entire household to drive.Mature Drivers – over 60These long-time drivers are looking for a hassle-free policy which provides a few more features to make their lives easier, should they have to make a claim. Their car is valued at under $40,000 and there are no young drivers to complicate matters.Car Insurance ... |
Australia | New Zealand
Star Ratings - Car Insurance
- New South Wales (PDF)
- Victoria (PDF)
- Queensland (PDF)
- South Australia (PDF)
- Western Australia (PDF)
- Tasmania (PDF)
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Articles - Car Insurance
Best Value Car Insurance: Budget Direct does it again |
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Proving just how fiercely competitive the car insurance market is, AAMI, Budget Direct and Commonwealth Bank have retained the top honours nationally in our latest car insurance star ratings. |
Market Value or Agreed Value - what's the difference? |
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When applying for car insurance, or just getting an online car insurance quote, should you request agreed value, or market value? There are a few things to consider in answering this question. |
Car Insurance Guide - which profile are you? |
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Not all drivers are the same and no one car insurance policy will be the best fit for everyone, even if it is the cheapest quote. But by using Star Ratings you can find the best rated car insurance policies for you. |
Car Theft - statistics & guide to car theft insurance |
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Driver complacency is the car thief's greatest friend. Many car owners without car theft insurance cling to long-held myths like it will never happen to me, or no-one would want to steal my old bomb. |
Car Insurance Claims History - Are you born with bad driving genes? |
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Motorists with colourful claims histories or licences showing traffic demerit points may not be completely responsible for their track records. If you've had trouble obtaining cheap car insurance in the past, a recent study may interest you. |
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