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The market size of the Car Insurance industry in Australia is $xx.xx, which is expected to grow at xx% over the next five years. The industry underwrites car insurance policies. Car insurance provides financial cover for physical damage to automobiles and bodily injuries as a result of traffic collisions. Car insurance can also protect against liability as a result of accidents.
Curious about what drives these trends? IBISWorld's Car Insurance in Australia industry coverage has got you covered.
Total value ($) and annual change from 2012 – 2030.
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The market size of the Car Insurance in Australia is $32.4bn in 2025.
The market size of the Car Insurance in Australia decreased -0.4% in 2025.
The market size of the Car Insurance in Australia has grown at a 3.0% CAGR between 2020 and 2025.
See our full analysis of the Car Insurance in Australia to understand if the industry market size is expected to grow or decline over the next five years.