Buying a car

6 ways to save on car insurance

29 April 2024

A car insurance policy can help to provide you and your car with cover when you're on the road, but it doesn't have to cost you the earth to do so. You can make great savings on your car insurance premium in a number of simple ways. Explore 6 of these ways below.

1. Buy car insurance online and save

With Suncorp Comprehensive Car Insurance you can get a $50 discount when you purchase your policy online#. And with three levels of cover to choose from, you can choose what suits you and your budget best.

If you're looking for a more basic level of car insurance cover, Suncorp's Third Party Car Insurance offers a $20 discount when you purchase online#. So if you'd like the reassurance of knowing you're covered for liability for loss or damage your car causes to another person's vehicle or property, third party cover might be right for you^.

2. Adjust your excess and save

With Suncorp Comprehensive Car Insurance, a range of voluntary excess offered is between $100 and $900, and choosing a higher excess can help reduce your premium.

3. Drive less and save

If you commute to work via public transport or bicycle, only use your car a couple of days a week, or only have to drive to the next suburb for work, then chances are you'll drive fewer than 10,000km a year. If this is the case, you may be eligible for a reduced premium with Suncorp Comprehensive Car Insurance. After all, you're going to be on the road a lot less, so why should you pay the same as everyone else?

4. Keep it in the family and save

If you're under 25 years old and your parent also has Suncorp Comprehensive Car Insurance, you can receive 10% off your own comprehensive premium. Although, this means you have to deal with being "car insurance buddies" with your mum or dad, saving on your premium probably makes it worth it.

5. Drive safely and save

A safer road is a better road for all drivers. And Suncorp Insurance believes safe drivers should be rewarded. With Claims Free Driver Rewards, each year you continuously insure your car with us under a comprehensive policy without making an excess payable claim, we will reward you with a Claims Free Driver Rewards credit on the next renewal of your policy for that car. The longer you insure your car with Suncorp Comprehensive Car Insurance, the percentage of the reward increases.

Claims Free Driver Rewards credit is determined using the status of claim(s) on your policy when we calculate your renewal premium. See Additional Information Guide for details.

6. Combine and save

If you combine 3 or more paid eligible policies with Suncorp Insurance, you could qualify for a 15% multi-policy discount on each policy – it's as easy as combining your Suncorp home, contents, and car insurance.

Suncorp Insurance offers a multi-policy discount when you combine any 3 or more eligible policies with us. Since you have to get CTP as part of your rego anyway, you could consider Suncorp’s CTP Insurance policy as it counts as one of the eligible policies, but the premium for it cannot be discounted due to government regulations. Conditions apply *.

If it's important to you, it matters to us, and we know that saving is one of those things. Every dollar you save on your car insurance policy can be put toward the fun things in life, like saving for a holiday. Get a Suncorp Car Insurance quote online now and cover you and your car from the unexpected. If you'd like to find out more about how you can save with Suncorp, call us today on 13 11 55.

#Offer available only for the purchase of a new eligible policy of insurance issued by AAI Limited ABN 48 005 297 807 AFSL 230859 trading as Suncorp Insurance. Discount will be applied upon purchase of the new eligible policy of insurance and subtracted from the price of the premium. If you’re eligible for more than one discount, we apply any subsequent discount to the already discounted premium (usually before adding taxes and charges).

^ Third Party Car Insurance is an optional insurance policy which provides cover for damage to other people's property. This product is not a Compulsory Third Party (CTP) or green slip insurance which is compulsory insurance.

* Combine any 3 or more eligible policies with Suncorp Insurance and we’ll reward you with a 15% Multi Policy Discount. Eligible policies are Suncorp Home, Contents, Landlord, Car, Motorcycle, Caravan (including trailer), Motorhome and Boat insurance. Suncorp CTP insurance counts as an eligible policy, but can’t be discounted due to Queensland legislation. Discount does not apply to Suncorp Roadside Assist, Suncorp Insurance Home Assist and Excess-free Glass optional covers. Taxes and charges are not discounted. View full terms and conditions.

If you’re eligible for more than one discount, we apply any subsequent discount to the already discounted premium (generally before adding taxes and charges).

Insurance is issued by AAI Limited ABN 48 005 297 807 trading as Suncorp Insurance. Read the relevant Product Disclosure Statement before buying this insurance. Target Market Determination also available. This advice has been prepared without taking into account your particular objectives, financial situations or needs, so you should consider whether it is appropriate for you before acting on it.