How much does it cost to take out car insurance in Australia? Our guide will help you calculate your insurance risk profile and how to find discounts as inflation pressures mount.

Car insurance, like other types of insurance policies, is only valid for a specified period, and typically needs to be renewed on a six-monthly or annual basis, depending on your requirements.

Car insurance rates recently began to dip across the country, but experts say they will go up again by the end of the year.

The rise in car insurance rates alone contributed half a percentage point to the overall 3.2% inflation rate last month.