Top NSW car insurance policies on Canstar's database

ELISE DONALDSON
See some of the top-rated car insurance policies in New South Wales (NSW) according to Canstar’s Car Insurance Star Ratings.

NSW is home to some of the most breathtaking road trips Australia has to offer. From the luscious valleys and rainforests of the Blue Mountains, to the winding coastal Grand Pacific Drive and snowy roads of the Kosciuszko Alpine Way – there is much to experience, but also potential road hazards to be aware of.

Comprehensive car insurance may help to cover your car from the financial effects of potential damage or loss caused by accidents, weather events and theft. The tables below showcase some of the top-rated car insurance policies on Canstar’s database for drivers in NSW, broken down by age profile.

See some of the best car insurance policies for:

In this article:

Car insurance policies for young (under 25) drivers in NSW

Car insurance premiums are largely determined based on the likelihood that the insurer would have to pay a claim to the insured. Therefore, younger drivers will tend to have higher premiums as they are statistically more likely to be involved in an accident and make a claim. For example, according to the NSW Transport Department, crashes that involve younger drivers (aged under 26 years) account for almost a quarter of annual road fatalities in the state, despite this group making up only about 15% of all licence holders.

Faced with typically higher premiums for car insurance, it’s important for young drivers to research their options carefully to find a good-value policy.

Male drivers under 25

The comparison table below displays some of the policies currently available on Canstar’s database for an under-25-year-old male seeking cover in NSW without cover for an extra driver under 25. Results are sorted by Star Rating (highest to lowest) followed by provider name (alphabetical) and features links direct to the providers’ websites. Use Canstar’s car insurance comparison selector to view a wider range of policies.

Female drivers under 25

The comparison table below displays some of the policies currently available on Canstar’s database for an under-25-year-old female seeking cover in NSW without cover for an extra driver under 25. Results are sorted by Star Rating (highest to lowest) followed by provider name (alphabetical) and features links direct to the providers’ websites. Use Canstar’s car insurance comparison selector to view a wider range of policies.

Car insurance policies for 25-29 year-old NSW drivers

If you are aged 25-29, you will often pay lower car insurance premiums than those under the age of 25 because you will tend to have more experience behind the wheel and are statistically considered a safer driver.

The table below provides a snapshot of some of the top-rated car insurance policies on Canstar’s database for those aged 25-29 in NSW.

The comparison table below displays some of the policies currently available on Canstar’s database for a 25-29 year old seeking cover in NSW without cover for an extra driver under 25. Results are sorted by Star Rating (highest to lowest) followed by provider name (alphabetical) and features links direct to the providers’ websites. Use Canstar’s car insurance comparison selector to view a wider range of policies.

Car insurance policies for 30-49 year-old NSW drivers

Drivers aged 30-49 will generally have cheaper car insurance premiums than those under 30 as they tend to have more experience on the road.

The table below provides a snapshot of some of the top-rated car insurance policies on Canstar’s database for those aged 30-49 in NSW.

The comparison table below displays some of the policies currently available on Canstar’s database for a 30-49 year old seeking cover in NSW without cover for an extra driver under 25. Results are sorted by Star Rating (highest to lowest) followed by provider name (alphabetical) and features links direct to the providers’ websites. Use Canstar’s car insurance comparison selector to view a wider range of policies.

Car insurance policies for NSW drivers aged 50-59

People between the ages of 50 and 59 may enjoy even cheaper car insurance premiums than younger drivers due to their often greater wealth of driving experience, which statistically makes them a lower risk of needing to make a claim.

The table below provides a snapshot of some of the top-rated car insurance policies on Canstar’s database for those aged 50-59 in NSW.

The comparison table below displays some of the policies currently available on Canstar’s database for a 50-59 year old seeking cover in NSW without cover for an extra driver under 25. Results are sorted by Star Rating (highest to lowest) followed by provider name (alphabetical) and features links direct to the providers’ websites. Use Canstar’s car insurance comparison selector to view a wider range of policies.

Car insurance policies for senior drivers in NSW

There are often a number of restrictions placed on senior drivers that vary depending on where you live. In NS, people aged between 75 and 84 need to complete a medical assessment every year to keep their licence. When they turn 85 they must also complete a practical driving assessment every two years, or drive under a restricted licence (restrictions might include only being allowed to drive a certain distance from their home or at certain times of the day).

The table below provides a snapshot of some of the top-rated car insurance policies on Canstar’s database for those aged 60 and above in NSW.

The comparison table below displays some of the policies currently available on Canstar’s database for a 60+ year old seeking cover in NSW without cover for an extra driver under 25. Results are sorted by Star Rating (highest to lowest) followed by provider name (alphabetical) and features links direct to the providers’ websites. Use Canstar’s car insurance comparison selector to view a wider range of policies.

How much does car insurance cost in NSW?

In addition to age and driving experience, where you live can have an impact on how much you pay for car insurance. Drivers in NSW, along with those in Victoria, can expect to pay more on average in premiums for their car insurance than anywhere else in Australia, according to Canstar’s research.

Some other factors that may affect the cost of your premiums include:

  • the type of car you are looking to insure
  • where your car is parked
  • how often and how far you drive it
  • your nominated excess.

Car insurance premiums can also vary significantly between insurers so it can be worth shopping around and getting a number of quotes to compare your options.

Compulsory Third Party (CTP) insurance for NSW

Like every other state and territory across Australia, NSW requires car owners to purchase Compulsory Third Party (CTP) insurance before they register their vehicle. According to the NSW Government, CTP insurance (also known as ‘Green Slip’ insurance) covers NSW drivers for the compensation costs of another person’s injuries or their death incurred in a car accident. Residents in NSW have the option of choosing a provider for CTP insurance, whereas in some other states this insurance is included as a part of car registration.

The Motor Accident Injuries Act 2017 (NSW) was implemented on 1 December 2017, bringing a ‘no-fault’ CTP scheme with it. This means anyone who sustains a severe injury from a road traffic crash involving a registered vehicle in NSW will be eligible for lifetime treatment, care and support, regardless of fault (unless the injured person is deemed at fault and charged with or convicted of a serious driving offence).

While CTP or Green Slip insurance will cover the costs of those injured in an accident, it will not cover the cost of damaged vehicles or property. For cover of your vehicle and any third party property, you will need to consider other forms of car insurance.

Cover image source: Taras Vyshnya (Shutterstock)


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