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The price of car insurance is based on several factors, including the likelihood of a claim being made on your policy in the future.

There are several factors considered when calculating premiums including:

  • pricing factors, for example: the value of your vehicle, the age, make, and model of your vehicle, where your vehicle is kept, and what it is used for. Your premium is also affected by the age, driving experience and claims history of the drivers, 
  • policy options,
  • minimum and maximum premium amounts,
  • government charges, such as Goods and Service Tax and stamp duty, and
  • any discounts you may be eligible for.

This is not an exhaustive list of our pricing factors and we may add or remove factors at any time. 

To find out more about how your premium is calculated, have a look at the relevant Product Disclosure Statement (PDS).

The best way to understand how much your insurance will cost is to get a quote.