Finding affordable car insurance can be a challenging task, especially for drivers with past accidents on their record. In Australia, insurance companies often view a history of accidents as a risk factor, which can lead to higher premiums. However, several insurance providers cater to those with blemished driving histories and offer competitive policies that won’t break the bank.
Below, we discuss some of the cheapest car insurance options available for drivers with accidents in Australia, along with tips for securing the best possible rates.
1. Budget Direct
Budget Direct is known for providing affordable car insurance options for high-risk drivers. They offer a range of coverage types, including third-party and comprehensive insurance. Their competitive pricing, along with various discounts for safe driving post-accident, make them a viable choice for those looking for budget-friendly options.
2. Youi
Youi is another insurance provider that offers flexible policies tailored for drivers with a history of accidents. They provide personalised premiums based on individual driving habits, which can result in better rates for diligent drivers. Their comprehensive coverage options also include roadside assistance and rental car reimbursements, making them a worthwhile option.
3. AAMI
AAMI is a popular choice for many Australian drivers, including those with accident histories. They offer a range of policies that can be customised to fit specific needs and budgets. AAMI has a strong customer service reputation and often provides discounts for policy bundling, which can help reduce overall costs.
4. NRMA Insurance
NRMA offers tailored car insurance options for drivers with claims on their records. They provide comprehensive policies and a discount for multi-policy holders. Their user-friendly online platform makes it easy for users to compare prices and customize their coverage, which can lead to affordable rates for drivers with past incidents.
5. Coles Car Insurance
Coles Car Insurance provides coverage options that cater to drivers who may have been in accidents before. They are known for their competitive pricing and extensive coverage options, including a lifetime guarantee for repairs using specified repairers. They may also offer discounts if you have a Coles Rewards card, which adds extra value.
Tips for Reducing Car Insurance Costs
Beyond selecting an affordable insurance provider, there are several strategies to help lower car insurance costs:
- Increase your excess: Opting for a higher excess can lower your premium, but be sure to choose an amount you can afford in the event of a claim.
- Consider usage-based insurance: Policies that monitor driving habits can reward safe driving, thus potentially reducing premium costs.
- Take advantage of discounts: Many insurers offer discounts for bundling policies or for completing defensive driving courses.
- Compare providers: Use online comparison tools to review different policies and premiums, ensuring you find the best deal for your situation.
- Review your coverage: Evaluate what coverage you truly need to avoid overpaying for unnecessary extras.
Securing affordable car insurance in Australia as a driver with past accidents doesn't have to be an uphill battle. By exploring different providers and implementing cost-saving strategies, you can find a policy that meets your needs without straining your budget.
Always remember to read the fine print of any insurance policy to understand the coverage details and exclusions properly. With a bit of research and patience, you can drive confidently knowing you have the right protection at an affordable price.
