Find answers to common questions about your car insurance quote, pricing, and how to get the best value from National Cover.
1. How to Lower Your Price
There are several ways you can reduce the cost of your car insurance premium. Here are some practical tips to help you save money while maintaining appropriate coverage:
💰 Choose Minimum Agreed Value
Instead of selecting market value, choose the minimum agreed value for your vehicle. This sets a fixed payout amount and typically results in a lower premium compared to market value coverage.
✂️ Remove Optional Extras
Consider removing optional coverage features you may not need, such as hire car coverage and roadside assistance. These extras add to your premium but may be unnecessary if you have alternative arrangements.
🔄 Increase Excess with Cashback
Increase your policy excess and request excess cashback. This means the policy excess appears high (lowering your premium), but your actual out-of-pocket excess at claim time is significantly reduced through the cashback arrangement.
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Pro Tip
Combining these strategies can result in significant savings. Contact our team to discuss which options are best suited to your situation and coverage needs.
Our betterQuote system is designed to save customers up to 25% off a competing quote. If you have a comparable quote from another provider, we’ll work to beat it.
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How betterQuote Works
To qualify for our price match guarantee, the competing quote must be comparable to our quote in terms of key factors. We will assess your competing quote and work to provide you with a better price where possible.
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What Makes a Quote Comparable?
For a quote to be considered comparable, it must match on the following criteria:
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Vehicle Usage
Same usage type (rideshare, courier, private, etc.)
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Address
Same garaging location
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Driver Age
Same age of drivers covered
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Coverage Level
Similar coverage and excess
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Terms and Conditions
The competing quote must be from an Australian licensed insurer or authorised representative.
The quote must be current and valid (issued within the last 30 days).
You must provide written evidence of the competing quote (screenshot, PDF, or email confirmation).
The competing quote must be for the same vehicle, same drivers, same address, and same usage type.
Coverage levels, excess amounts, and optional features must be comparable.
The betterQuote discount of up to 25% is applied at our discretion based on the comparability assessment.
National Cover reserves the right to decline a price match request if the quotes are not sufficiently comparable.
This offer cannot be combined with other promotional offers or discounts.
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Important: The betterQuote price match is subject to underwriting approval and policy eligibility. Not all quotes will qualify for the full 25% discount.
Our goal is to deliver you a Winning Quote – a price that represents genuine value and gives you confidence in your insurance decision.
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Why a Winning Quote is Difficult
Delivering a Winning Quote is challenging for several reasons:
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Too High
If the quote is too high, there is no point sending it – you’ll simply go elsewhere, and we’ve wasted your time.
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Too Low
If the quote is too low, our ability to continue sending winning quotes to customers becomes diminished – the business becomes unsustainable.
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Unpredictable Expectations
We cannot reliably collect expectations from customers as to what price they expect to pay, because the prices customers provide may not be anchored in reality or current market conditions.
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Our Market Research
We have completed a comprehensive review of the Australian market for car insurance to find policies with coverage that responds to what customers require. This research informs our pricing and ensures we can offer competitive quotes across different vehicle usages and circumstances.
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General Advice Warning
The provision of any quote is subject to our General Advice Warning. We do not make any representations about whether the quote is appropriate for your specific circumstances. You should consider your own objectives, financial situation, and needs before making any decision.
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Our Step-by-Step Process for a Winning Quote
1
Maintain a Research Database
We retain a large research database of prices across the Australian car insurance market to understand current pricing trends and benchmarks.
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Ask About Your Pricing Preferences
We ask customers about their pricing preferences to understand what factors matter most to them (premium amount, excess levels, coverage options).
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Deliver Quotes Based on Benchmarks
We deliver quotes which we assess as a winning quote based on benchmarks like Quote to Value Ratio and other market indicators.
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Negotiate to Deliver a Final Winning Quote
We work with customers to negotiate outcomes and deliver a final winning quotation by adjusting factors such as coverage levels, excess amounts, and other policy features.
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Have Questions About Your Quote?
If you have questions about your quote or would like to discuss options to adjust your premium, please contact our team. We’re here to help you find the right coverage at the right price.
