Car Insurance
Victoria

Whether you're living in and driving through the vibrant streets of Melbourne or residing further out in Bendigo, the Grampians or Mildura, having the right car insurance is crucial for residents of Victoria. Fortunately, comparing a range of policy quotes side by side from insurers across the country has never been easier.

What car insurance options can I choose from in Victoria?

There are four types of car insurance available in Victoria, which are:

CTP is the only car insurance policy that’s mandatory, with the other three being optional (unless you’ve taken out a car loan, in which case your lender will require you to have comprehensive car insurance). In terms of what they cover, here are the main inclusions and exclusions for each:

Victoria car insurance requirements

In Victoria, CTP insurance is called the TAC charge, which is paid to the Transport Accident Commission (TAC). You’ll pay the TAC charge when you register your vehicle, with the fee being bundled into the overall cost of registration.

You’ll also have to obtain a roadworthy certificate when re-registering your car in Victoria. This doesn’t apply to brand-new vehicles that have never been registered in any state or territory, though.

How much does car insurance cost in VIC?

The cost of car insurance is highly dependent on you and your individual risk profile, as well as the car itself. You can see in the tables below how comprehensive premium quotes can vary based on the model you’re insuring and your gender:

2025 Ford Ranger XL 2WD Two-Door Cab Chassis

Gender	Cheapest premium	Average premium	Most expensive premium
Male	$1,435	$2,273	$2,931
Female	$1,460	$2,271	$2,917

Male Female

$1,435 $1,460

$2,273 $2,271

$2,931 $2,917

2025 Toyota RAV4 GX 2WD

Gender	Cheapest premium	Average premium	Most expensive premium
Male	$1,091	$2,221	$2,978
Female	$1,113	$2,218	$2,963

Male Female

$1,091 $1,113

$2,221 $2,218

$2,978 $2,963

2022 Hyundai i20 N

Gender	Cheapest premium	Average premium	Most expensive premium
Male	$844	$1,643	$2,132
Female	$875	$1,645	$2,122

Male Female

$844 $875

$1,643 $1,645

$2,132 $2,122

2020 Mazda6 Sport

Gender	Cheapest premium	Average premium	Most expensive premium
Male	$1,150	$2,075	$2,716
Female	$1,171	$2,073	$2,703

Male Female

$1,150 $1,171

$2,075 $2,073

$2,716 $2,703

Comprehensive car insurance quotes based on a 35-year-old driver who obtained their licence at 17, has held comprehensive cover with no claims over the last five years, is employed full-time, is a homeowner and lives in Melbourne (3121), uses their car for private purposes and commuting only (business usage included in the Ford Ranger quote) and drives approximately 12,000km per year. All quotes are based on a $1,000 excess. All cars are garaged, have no modifications or non-standard accessories and have an alarm installed. Quotes obtained through Compare the Market on 18 November 2025.

Although gender-based differences in premium calculations are very minor, you can see that premiums fluctuate significantly based on your model. Another key factor determining the cost of your car insurance is your location in Victoria, which you can see with the cheapest quotes here:

2020 Toyota RAV4 GX 2WD

Location	Cheapest TPPD premium	Cheapest comprehensive premium
Melbourne	$401	$1,047
Geelong	$350	$1,079
Bendigo	$240	$1,005
Cranbourne	$461	$1,864
Ballarat	$310	$1,131
Warrnambool	$232	$938
Shepparton	$296	$1,081

Melbourne Geelong Bendigo Cranbourne Ballarat Warrnambool Shepparton

$401 $350 $240 $461 $310 $232 $296

$1,047 $1,079 $1,005 $1,864 $1,131 $938 $1,081

Comprehensive car insurance quotes based on a 35-year-old male driver who obtained their licence at 17, has held comprehensive cover with no claims over the last five years, is employed full-time, is a homeowner, uses their car for private purposes and commuting only and drives approximately 12,000km per year. All comprehensive quotes are based on a $1,000 excess and TPPD quotes on a $700 excess. All cars are garaged, have no modifications or non-standard accessories and have an alarm installed. Quotes obtained through Compare the Market on 18 November 2025.

How do I compare car insurance in VIC?

There’s plenty to consider before you buy your car insurance policy. Here are some of the key areas for you to look into when comparing offers from different insurers:

• Cost of the policy: it's crucial to consider the premium rates offered by different insurers. While coverage is essential, you shouldn’t be paying more than you need to for it.
• Policy inclusions: carefully consider what your policy’s covered events are and the level of protection offered for specific situations. Make sure you’re covered for the events that are important to you.
• Optional extras: are there optional extras that are suitable for your policy? If you don’t think you need things like windscreen repair or roadside assistance, don’t feel obligated to tack them on.
• Excess options: what size excess can you choose? The higher your excess, the less you’ll pay for car insurance, so think about how much (or how little) your insurer allows you to select.
• Signup bonuses and discounts: many insurers offer discounts for signing up online or bundling your car insurance with another policy, like home insurance. Make sure the coverage is worth it, though.
• Payment flexibility: think about whether you’re able to pay your policy annually or monthly. Some insurers will offer discounts for annual payments, so consider whether paying the lump sum is the best option for you.