No matter what vehicle you drive, whether you’re driving it daily, just for work, or just on weekends, it’s important to understand what car insurance is? and we need to make sure it is properly insured. According to the Motor Vehicle Census, Australia, 31 Jan 2020
There were 19.8 million registered motor vehicles as at 31 January 2020.
The national fleet increased by 1.5 per cent from 2019 to 2020.
Diesel vehicles increased to 25.6 per cent of the national fleet, up from 19.7 per cent in 2015.
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There are 19.8 million motor vehicles registered in Australia. This includes over 16 million passenger cars and commercial cars, around 3 million trucks, and more than 800,000 motorbikes, and the number is growing at a rate of 2.4% every year. Over the past 12 months, 1.12 million new cars were sold in Australia.
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Here are the list of best car insurance companies in Australia
AIG
Operating in Australia since 1957, AIG provides a range of insurance products to support their clients in business and in life, including: general property/casualty, life insurance, and retirement and financial services through our General Insurance, Life and Retirement and Investments business units. Know more about - Pay As You Drive Insurance
Geico Insurance
Geico offers low rates and a long list of discounts for driver, including high risk drivers who can't find cheap coverage elsewhere. In our independent review of car insurance rates, they are offering some of the lowest rates in many states and for many drivers. Geico's extensive bundle partner options. Their convenient website and streamlined app allow you to handle anything online, from getting a quote to filing a claim. Read about what is Pay as you Drive Insurance.
YOUI Insurance
With a variety of policies that can be tailored to your individual needs, it's surprising that thousands of Aussie's trust Youi with their car insurance. The 3 different policies used by Youi Insurance are third party property, third party fire and theft, and comprehensive. Know more about how car accidents can be detected using telematics.
Allianz Insurance
Allianz protects the things you love, providing insurance to more than 3 million local people and businesses. Personal insurance such as consumer credit insurance, businesses, transport, trades and services.
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Suncrop Insurance
While the firm was officially founded in 1996, Suncrop can trace its history back to 1902, when the Queensland Agricultural Bank opened its first branch, providing loans to rural communities. In 1916, the organisation took its first foray into insurance when the State Accident Insurance Office was established.
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If you would like to partner with Traxroot's Pay As You Drive Program and reduce premiums for your customers, contact Traxroot Insurance Telematics Team today