Car insurance has risen 47% since 2018

  • On average, Australians pay $1,472 per year for car insurance. 
  • The cost of car insurance has risen significantly. Mozo found Australians pay 13% more than they did in the 2022 car insurance report, and 47% more since 2018. 
  • Victorian and NSW drivers pay the most on average, while Tasmanian and Western Australian drivers pay the least for car insurance.
  • Cars get cheaper to insure as they age, but the cost drops significantly for cars older than 10 years.
  • Green cars are the…

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