Budget Direct car insurance comparisons for August 2022 – Mozo

Here are the top best Budget direct car insurance voted by readers and compiled and edited by our team, let’s find out

Who is Budget Direct insurance?

While ‘budget’ is in its name, Budget Direct doesn’t skimp on quality. The provider simply aims to provide comprehensive cover at an accessible price point. Alongside its award-winning car insurance, Budget Direct also offers home & contents cover, travel, life and pet insurance.

The organisation insures drivers across Australia and also has outposts in the UK, South Africa and Singapore.

What does Budget Direct car insurance cover?

Budget Direct offers cheap car insurance for motorists who want third party property cover (plus fire and theft) as well as wallet-friendly comprehensive options.

If you’re taking out a comprehensive car insurance policy with Budget Direct, there’s a wide range of standard features. This includes cover for:

  • Damage caused by natural disasters like storms, hail, flooding or fire
  • Malicious damage and theft
  • Accidental damages
  • Up to $20 million of legal liability cover for damaging other vehicles/property
  • New-for-old car replacement (if it’s under 2 years old and driven less than 40,000km)
  • Stolen or lost key replacement
  • Personal property and baby seat cover
  • Hire car following a no fault accident or theft

How is my car insurance premium calculated at Budget Direct?

Most car insurance premiums are calculated on the likelihood of you making a claim. The more likely you are to claim, the higher your premium will be.

But how does an insurance company know if you are likely to make a claim? They base it mostly on details about your past as a driver, what kind of car you’re insuring and other demographic factors. Details that might affect your Budget Direct insurance premium include:

  • The make, model, age, value and even colour of the car
  • Special features such as a sunroof, special paint jobs or electric doors
  • Where you live
  • Where your car is kept (in a garage versus on the street)
  • How often you drive your car
  • Your age, driving experience and gender
  • Who drives the car

What discounts are available with Budget Direct?

Discounts can make a huge difference in what you’re paying for your car insurance policy. With Budget Direct, you can access a 15% discount on the first yearly premium when you buy online, and you can also build up a no claims discount. How much your no claims discount is worth will depend on which state you live in and how long you’re insured through Budget Direct without making a claim.

There’s also the option to choose a low kilometre policy with Budget Direct. This means you could score a premium reduction if you drive less than 12,000km a year.

What does Budget Direct car insurance cover in an emergency?

Your Budget Direct car insurance policy includes cover for alternate transport and accommodation in case of an emergency, plus towing of the vehicle. There are dollar limits for this coverage, so check your Product Disclosure Statement (PDS).

Also remember roadside assistance is an extra you would have to opt into, and your cover does not extend to any emergency repairs you have done without an assessment. So if your car is damaged, make sure you contact Budget Direct before going ahead with any repairs to be sure costs will be covered by your insurance.

How do I make a car insurance claim with Budget Direct?

To make a claim on your Budget Direct car insurance, you can either call or go online and lodge a claims form. To make sure the process goes as smoothly as possible, try to have a few key details on hand, including:

  • Your car insurance policy number
  • Details about the accident (time, date, location, contact details of other people involved and any witnesses)
  • Photos of the accident, damages and the condition of the road at the time
  • A policy report, if applicable

If you’re a little frazzled after the accident, here’s a checklist of the information you should ask for from other drivers involved in the incident and any witnesses:

  • name
  • address
  • phone number
  • email address
  • licence number
  • insurance company
  • registration number of their vehicle

Budget Direct car insurance FAQs

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