Ibuyeco car insurance contact number
- NSW Comprehensive Car Insurance
- Average Cost of Comprehensive Car Insurance in NSW
- NSW Comprehensive Car Insurance vs Other Levels of Cover
- Comprehensive car insurance – features CANSTAR looks for
- 2016 NSW Award Winner – Budget Direct
- What do NSW drivers want in a car insurance policy?
- NSW Road statistics
- NSW Crime Statistics
- NSW Road Weather Dangers
- External links
- Compare TESCO Car Insurance
NSW Comprehensive Car Insurance
Are you a New South Wales resident shopping around for comprehensive car insurance? You’ve come to the right place. CANSTAR compares and rates comprehensive car insurance policies available in NSW 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.
In their most recent rating in May 2016, CANSTAR rated 51 NSW policies from 46 providers. You can view the star ratings for car insurance policies available in NSW for your age and gender by hitting the compare button below.
Compare Car Insurance in NSW
Average Cost of Comprehensive Car Insurance in NSW
New Car Insurance in NSW
According to CANSTAR research in May 2016, these are the average comprehensive car insurance premiums in NSW with a new car (registered in 2014 or more recently):
|Average comprehensive car insurance premiums for NSW drivers (new car)|
|Driver profile||Annual premium|
|45+ years old||$868|
|30-44 years old||$1,007|
|Under 25 Female||$2,310|
|Under 25 Male||$2,607|
Older Car Insurance in NSW
Our researchers also calculated the average NSW comprehensive car insurance premiums for drivers who own an older car (pre-2008).
|Average comprehensive car insurance premiums for NSW drivers (older car)|
|Driver profile||Annual premium|
|45+ years old||$780|
|30-44 years old||$903|
|Under 25 Female||$2,069|
|Under 25 Male||$2,353|
NSW Comprehensive Car Insurance vs Other Levels of Cover
Like every other state and territory, NSW requires all car owners to have compulsory third party (CTP) or ‘green slip’ insurance as a bare minimum level of coverage.
This is how the coverage varies between different levels:
|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|
|Third party property|
|Third party property, fire and theft|
A comprehensive car insurance policy can give you the most peace of mind, but comprehensive coverage can vary between different providers. That’s why CANSTAR rates NSW policies on value as well as price.
Comprehensive car insurance – features CANSTAR looks for
Car insurance isn’t just about price – the cheapest car insurance policy isn’t necessarily going to give you the level of insurance cover you need. Some of the features that CANSTAR looks for when assessing the value of car insurance in NSW 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|
|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 (These are new questions this rating required for information purposes only –whether to score them and the weight to assign, if any, is to be raised next rating)|
|Customer Claims Satisfaction|
|Customer Claims Satisfaction||A survey is conducted measuring quality of service provided during claims|
You can find out more about car insurance claims satisfaction here.
In alphabetical order, these are the 46 car insurance providers that CANSTAR rates for NSW:
|1300 Insurance||1Cover Direct Insurance|
|1st for Women||AAMI|
|AI Insurance||Allianz Australia|
|APIA||Aust Seniors Insurance Agency|
|Australia Post||Bendigo Bank|
|Budget Direct||Bupa Insurance|
|Coles Insurance||Commonwealth Bank|
|Dodo Insurance||GE Money|
|HBF Financial Services||HSBC|
|Just Car Insurance||Kmart Tyre & Auto Service|
|Over Fifty Insurance||Ozicare|
|People’s Choice Credit Union||Progressive Direct|
|St.George Bank||Suncorp Bank|
2016 NSW Award Winner – Budget Direct
In the 2016 rating for Car Insurance, Budget Direct was the State Award Winner for NSW. This award recognises insurers that offer outstanding value across all the different star ratings profiles (e.g family, male 25-29 etc.) within NSW.
For 10 years running, Budget Direct is also CANSTAR’s National Award Winner.
For more information on how we do our ratings and judge our awards, read our car insurance methodology here (PDF).
What do NSW drivers want in a car insurance policy?
Based on the thousands of searches on CANSTAR’s car insurance comparison table each year, our data demonstrates that NSW drivers really appreciate policies that allow them to insure their cars at either agreed or market value. With regards to after accident care, NSW drivers strongly value a free repair service in their policy.
NSW usage of the features filter on CANSTAR’s car insurance comparison table between 1st January 2016 to the 10th of September 2016:
- Agreed or market value: 30.13%
- Pay monthly at no extra cost: 19.76%
- Roadside Assistance: 14.55%
- Cover for unnamed drivers: 12.65%
- Reduction for driver’s age: 11.71%
- 24 hour help line: 6.27%
- Extra cost for roadside assist: 4.28%
|Agreed or market value||The policy allows the driver to insure their car at either agreed or market value.|
|Pay monthly at no extra cost||The premium can be paid in monthly installments without costing you more than it would if you were paying it annually.|
|Cover for unnamed drivers||The insurance covers drivers of the vehicle that aren’t named on the policy.|
|Reduction for driver’s age||The policy allows holders to reduce the premium by putting an age restriction on who’s insured to drive the car.|
|24 hour help line||The insurance provider has someone to speak to over the phone at any time of the day.|
NSW usage of the after accident care filter on CANSTAR’s car insurance comparison table between 4th January 2016 to the 15th of July 2016:
After Accident Care:
- Free repair service: 40.20%
- Can lodge claim online: 30.95%
- Emergency repairs available: 28.55%
|Free repair service||Other than the excess payment, there’s no cost for repair when you make a claim.|
|Can lodge claim online||A claim on the policy can be made over the internet through the provider’s website/app.|
|Emergency repairs available||The policy allows immediate repairs to be made to the car (up to a certain cost) to help you get home or to a service station.|
NSW Road statistics
The below statistics were sourced from the Australian Bureau of Statistics and Transport for NSW:
- How many cars? New South Wales is the state with the most registered motor vehicles. There’s around 5.4 million of them registered in the state (as at 31 January 2016), which makes up for almost 30 percent of the 18.4 million motor vehicles in Australia.
- How many road deaths? With so many cars, NSW also often has the most road deaths in the country. In the year ending July 2016, there were 391 fatalities on NSW roads – representing over 30 percent of the total fatalities around the country (1,292).
- Road fatality factors: Out of the 359 fatal crashes in NSW during the 12 months ending August 2016, 158 were associated with speeding (44 percent), 67 with fatigue (18.7 percent), and 51 with alcohol (14.2 percent).
- Mobile phone usage: According to a 2015 CANSTAR Blue survey, 26% of NSW drivers admit to texting while driving. 14% admit to using social media while driving. 31% have made/received a phone call (without hands free) while driving. (Source: CANSTAR Blue)
- Crash hotspots: There were 18,818 casualties on NSW roads in the year ending July 2016. By RMS Region, this was where they took place:
|RMS Region||12 Months Ending Jul, 2016|
NSW Crime Statistics
The price of the premium you pay for car insurance is influenced by a range of factors. Obviously, the higher the likelihood of you making a claim, the higher your premium will be.
A high crime rate in your suburb, for example, can result in a higher premium.
According to the NSW Bureau of Crime Statistics and Research (BOSCAR), there were 13,198 incidents of motor vehicle theft in NSW during the year to June 2016.
These were the worst hit areas:
|5 Worst NSW Areas for Car Theft By Count (Year to June 2016)|
|LGA||Number of recorded incidents|
|5 Worst NSW Areas for Car Theft By Rate (Year to June 2016)|
|LGA||Rate per 100,000 population|
Theft from vehicle
BOSCAR stats also show that there were 39,848 incidents of theft from a motor vehicle across NSW in the year to June 2016.
These were the worst hit areas:
|5 Worst NSW Areas for Theft From Vehicle By Count (Year to June 2016)|
|LGA||Number of recorded incidents|
|5 Worst NSW Areas for Theft From Vehicle By Rate (Year to June 2016)|
|LGA||Rate per 100,000 population|
NOTE: A car insurance policy usually won’t cover the items stolen from your vehicle but it may cover any damage to the vehicle if it was broken into.
NSW Road Weather Dangers
While you’re less likely to experience a tropical cyclone in NSW than Queensland or the Northern Territory, NSW is still quite prone to severe hailstorms and flash flooding. In the alpine regions, such as the Snowy Mountains, snow and ice can also pose a danger on the roads. Bushfires are also a threat throughout the state. All of these weather hazards could damage or write-off your car.
In terms of insured losses, the costliest natural disaster in Australian history actually took place in NSW. This was the devastating 1999 Sydney hailstorm which had insurance losses of over $1.7 billion. In 2011 the Insurance Council of Australia said that if this event was to impact present society the losses would be around $4.3 billion.
According to Budget Direct, the top three hail hotspots in NSW for the 2013/2014 storm season were Armidale, Port Macquarie and Coffs Harbour. Armidale was also ranked as the top hail hotspot in Australia, with Port Macquarie second and Coffs Harbour fourth. In these areas you might expect to pay higher car insurance premiums.
Most comprehensive NSW car insurance policies will cover loss or damage to your vehicle as a result of hail, storm, flood and fire, but be sure to check the PDS.
Compare Car Insurance Policies in NSW
Written by: Dominic Beattie
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|Industry||Finance and insurance|
|Key people||Douw Steyn (founder)|
|Number of employees||3,000|
BGL Group is a financial services company based in Orton Southgate, Peterborough, England. Its main lines of business are vehicle and home insurance, with a range of supplementary products such as breakdown cover, legal protection and personal accident cover. In 2013 it added life insurance through the Beagle Street brand.
- 1 History
- 2 Today
- 3 Notes
- 4 References
- 5 External links
The company was founded in 1992 by Douw Steyn as the Budget Insurance Company, an underwriter. Budget Insurance Services was founded in 1997 and the following year Budget Insurance Company ceased underwriting and became an intermediary business, marketing policies underwritten by a panel of insurers. In 1999 it acquired Arnott Century, and changed its name to Budget Retail. The group acquired Dial Direct and Bennetts in 2001. In 2002 it launched an affinity business,[clarification needed] called Junction which was a major contributor to its growth through partners such as Post Office, M&S Money, Bradford & Bingley, and Yes Insurance.
In 2003, the company launched its own uninsured loss recovery business, ACM ULR, and in the same year it ran a PR and marketing campaign for Bennetts, helping to establish the bike insurer as a leading brand in the UK market. In 2004, Budget was noted as providing the most competitive home insurance, and the cheapest motor insurance cover.
The company opened its Cape Town Contact Centre in 2004, set up Comparethemarket.com as a complimentary service in 2005, and sold Budget Retail in 2006. In July 2007 the company changed its name to BGL Group, launching an eco-friendly car insurance site, ibuyeco.co.uk, and relaunching the comparethemarket.com insurance price comparison site.
The year 2009 saw the creation of comparethemeerkat.com – online meerkat comparison website as part of a spoof advertising campaign featuring a CGI meerkat character named Aleksandr Orlov. French price comparison sites LesFurets.com and CreditMieux.com were acquired in 2010, and Dutch site Verzekeringssite.nl was acquired in 2012. The latter was rebranded as hoyhoy.nl in 2014.
In 2013, BGL group launched Beagle Street, the first online only life insurer in the UK.
In 2015, Bennetts was sold to Saga Group .
The group's main company name is BISL Limited which was founded in 1996 - trading under the names of Budget, Dial Direct, Bennetts, Junction, ACM ULR, Fusion (no connection with the UK commercial insurer of the same name, established in 2001), and Comparethemarket.com.
The group has a formal commitment to support national, local and employee-nominated causes, and ensures that its people are actively encouraged to support charities and other community initiatives.
- ^ http://www.bglgroup.co.uk/about.php
- ^ Jones, Rupert (21 February 2004). "It pays to shop for home cover". The Guardian. Retrieved 2012-09-14.
- ^ Brignall, Miles (24 July 2004). "Motor cover on a tight Budget". The Guardian. Retrieved 2012-09-14.
- ^ https://archive.is/20140821021150/https://www.opencompany.co.uk/company/03231094/bisl-limited. Archived from the original on 2014-08-21. Missing or empty |title= (help)
- ^ http://www.bglgroup.co.uk/csr.php
- The History of Budget
- Budget Group Case Study
- Official website
Compare TESCO Car Insurance
With Tesco Bank Car Insurance you can choose from different types of cover, each with their own features, costs and benefits, which means that you can choose the right level of car cover to suit you. Compare car insurance or use the other car insurance quote services to ensure you are getting the best car insurance deal for you. Tesco offers:
- Tesco Bank Car Insurance – this policy offers comprehensive cover plus a selection of extra benefits such as personal possessions cover and windscreen cover
You can also get the following benefits when you buy Tesco car insurance:
- Guaranteed discount for Clubcard members when you get a car insurance quote online
- You could get a discount on your car insurance if you use the Tesco Drive + Reward app
- No claims discount if applicable, in addition to your Clubcard discount
- Uninsured Driver Promise - Cover comes with peace of mind that if your car is hit by an uninsured driver, you won't be penalised for it. As soon as Tesco validate the details of the incident (including the other vehicle's make, model and registration number), your no claims discount will be reinstated and your excess will be refunded to you
- Use your Clubcard vouchers to pay for your car insurance premium (subject to terms and conditions)
- 24-hour accident helpline open 7 days a week
- Medical expenses - Will pay up to £100 per injured passenger if involved in an accident
- Personal possession cover - covered up to £200 if damaged following an accident
- Windscreen cover - cover for the cost of replacing a broken or chipped window and cover for damage to paintwork caused by the chipped glass.
- In car entertainment cover - includes stereo, satellite navigation, telephone and entertainment equipment permanently fitted to the car
- A courtesy car to keep you moving if your own car needs repairs following a claim to keep you the move (exclusions apply) - for an additional premium an upgraded courtesy car option is available.
- UK cover extended to EU for up to 90 days
- Replacement child car seats - if seat is fitted in the car at the time of an accident
- The option to protect no claims discount of 4 years or more
- Up to £100,000 Motor Legal Protection. Terms and conditions apply
- Personal Accident cover - Provides up to £5,000 compensation for serious injury to you or your partner whilst travelling in the car
- The option to protect your car and house keys - cover provided if your keys are stolen but also if you lose your keys or lock them inside your car.
- The option to add RAC breakdown cover to your car insurance policy - 4 levels of breakdown cover available
- Specialist insurance for young drivers – get a smart box fitted in your car and you could benefit from cheaper car insurance by demonstrating that you’re a careful driver
Compare more low cost car insurance deals using the table above, get a free quote, or apply online.