Tasmania Comprehensive Car Insurance

27 March 2018
Learn about car insurance in Tasmania – how much it costs and how we can help you compare policies.

Are you a Tasmanian in need of a car insurance policy? Canstar can help you choose one that suits you and your budget. Our 2017 Car Insurance Star Ratings Research cut through the clutter of products on the market to present you with policies offering outstanding value for your driver profile.In their most recent rating, Canstar rated 61 car insurance policies from 51 providers. You can view the star ratings for car insurance policies available in QLD for your age and gender by hitting the button below.



Average Cost of Comprehensive Car Insurance in Tasmania

As part of our 2017 Car Insurance Star Ratings Report, Canstar researchers worked out the average cost of car insurance for different driver profiles in each state. Tasmania was found to have the lowest average premiums in the country for a number of different profiles.

Car Insurance for new cars in Tasmania

On average, this is how much comprehensive car insurance for a new car in Tasmania (registered in 2014 or more recently) will cost for the different driver profiles:

 Car insurance for new cars in South Australia
Average comprehensive car insurance premiums for TAS drivers (new car)
Driver profile Annual premium
Family $1,624
45+ years old $568
30-44 years old $634
25-29 Female $777
25-29 Male $829
Under 25 Female $1,511
Under 25 Male $1,704
Source: Canstar, May 2016. Premiums rounded down to nearest dollar.

Car Insurance for older cars in Tasmania

Across the different driver profiles, this is how much comprehensive car insurance will cost for an older car in Tasmania (pre-2008).

Car insurance for used cars in South Australia
Average comprehensive car insurance premiums for TAS drivers (older car)
Driver profile Annual premium
Family $1,545
45+ years old $511
30-44 years old $563
25-29 Female $538
25-29 Male $570
Under 25 Female $1,333
Under 25 Male $1,512
Source: Canstar, May 2016. Premiums rounded down to nearest dollar.

Tasmania Comprehensive Car Insurance vs Other Levels of Cover

Tasmanians with registered cars are all insured by compulsory third party (CTP) insurance by the Motor Accidents Insurance Board. This provides coverage for all Tasmanians injured/killed in a motor vehicle accident, regardless of fault.

Although Tasmanian law only requires you to have CTP insurance, additional levels of cover are strongly recommended. Imagine if you crashed into someone’s Ferrari – how would you be able to pay for the damage?

For the most peace of mind, consider comprehensive coverage. This is how a typical comprehensive car insurance policy compares to the other levels of coverage:

Type Damage to your car Damage to other people’s property (e.g. other cars) Damage or loss caused by theft of your car Injuries or death to other people in an accident
Compulsory third party cross icon cross icon cross icon icon tick
Third party property cross icon icon tick cross icon cross icon
Third party property, fire and theft cross icon icon tick icon tick cross icon
Comprehensive icon tick icon tick icon tick cross icon

Reminder – comprehensive coverage usually varies between policies. The cheapest policy doesn’t always represent the best value for money. That’s why Canstar takes coverage into account when rating Tasmanian car insurance policies.

Comprehensive car insurance – features Canstar looks for

Some of the features that Canstar looks for when assessing the value of car insurance in Tasmania includes:

Policy Benefits & Options
After Accident Care Towing after accident, vehicle returned after repairs, Taxi fares covered after accident, Emergency accommodation after accident, Accident cleanup benefit/public liability cover, max
Repairs Repair for excess outlay, lifetime guarantee, choose own licenced repairer, genuine parts, help locating spare parts
Windscreen Cover No-excess windscreen claim, extra cost
Other Cover Personal effects covered in accident, Key replacement/recoding benefit if lost/damaged, Trailer/contents cover, Baby capsule/child seat cover, Death benefit.
Rental Car Rental car included – after theft/accident, additional cost, max days/cost daily for rental car
Roadside Assistance Roadside Assist offered, extra cost
Standard Company Terms
Exclusions Accidental damage, vandalism, fire/explosion, theft/attempted, hail, flood, storm, war
Company Terms Agreed/Market value, New-for-new, Same cover for substitute car
Application/Claims Process & Support
Application Process Can apply online, over phone, in branch
Claims Process Can lodge claim online, over phone, in branch, via mobile app
Support 24 hour helpline, phone assistance no of days per week/hours per day for claims/application, weather alerts
Policy Terms
Excess Options Min/Max excess, default excess in each state, nil excess, non-nominated driver excess, windscreen excess, discount for higher excess
Premiums Monthly payment, discount for additional driver age restriction, online discount, low km discount, no claims discount, multi-policy discount, discount for good driving
Eligibility Minimum/Maximum entry age
Customer Claims Satisfaction
Customer Claims Satisfaction A survey is conducted measuring quality of service provided during claims

Car Insurance Providers in Tasmania

In alphabetical order, these are the 46 car insurance providers that Canstar rates for Tasmania:

Aust Seniors Insurance Agency AUSTRALIA POST
Bendigo Bank Bingle
BOQ Budget Direct
BUPA Insurance cashback
CGU Coles Insurance
Commonwealth Bank Dodo Insurance
GE Money Guild Insurance
HBF Financial Services HSBC
Hume Bank ibuyeco
Just Car Insurance K-Mart Tyre & Auto Service
NAB National Seniors
NRMA Insurance OnePath
Over Fifty Insurance Ozicare
People’s Choice Credit Union Progressive Direct
Real Insurance St.George Bank
Suncorp Bank Virgin Money
Westpac Woolworths

Tasmania Car Crime Statistics

Some solid truths about driving in Tasmania, for your information.

How many cars? As at the 28th of February 2018, there were 613,682 motor vehicles registered in Tasmania.

  • Over 3 percent of the 18.8 million motor vehicles in Australia.

Source: ABS & Tasmanian Department of State Growth

How many road deaths? Each year, Tasmania often has the second-lowest number of road deaths in Australia, with only ACT having fewer. But relative to its population, the state has a pretty high road fatality rate.

  • There were 37 deaths on Tasmanian roads in the year ending July 2016 (2.86% of national total)
  • In terms of deaths per 100,000 that year, the rate was 7.15, which was the second highest rate in the country after NT.

Source: Commonwealth Department of Infrastructure and Regional Development 

Car Theft in Tasmania

In the 2016/17 financial year there were:

  • 1,317 motor vehicle thefts in Tasmania, an increase of 18% (205 offences) from the previous year
  • The recovery rate for the stolen vehicles has decreased to 80% from 83%
  • Residential locations were the most popular place to steal motor vehicles, with 50% of vehicles stolen. The street came in second with 31%.

Tasmanian Road Weather Dangers

Tasmania has the coldest climate in Australia and with that, icy roads can be a danger. Over the winter months, roads in southern Tasmania such as the Huon Highway and the Southern Outlet are particularly prone to black ice.

Like all the other states in the country, Tasmania can also experience severe thunderstorms, flooding, bushfires and hail:

  • Floods: In June 2016 the state was hit by the worst floods in 90 years which caused over $100 million worth of damage.
  • Thunderstorms: Storms are most common in the western and northern parts of Tasmania, but they can occur throughout the state.
  • Bushfires: The tall forests of Tasmania are a heavy fuel source for potential bushfires. These forests are usually wet, but in rare dry conditions, they can create devastating fires. The worst bushfire Tasmania ever experienced was the Black Tuesday fires of 1967. These fires ripped through Southern Tasmania and killed 62 people in one day. In 1967 Australian dollar values, the damage bill amounted to $40 million.

Compare Comprehensive Car Insurance in Tasmania

Canstar compares and rates comprehensive car insurance policies available in Tasmania by taking into account both price and features. Following in-depth analysis and assessment, Canstar gives out a star rating to the policies each year. Canstar researchers award five stars to the comprehensive car insurance policies that offer outstanding value to consumers.