How much private insurance costs in Australia depends on type, but for private health insurance for Australian residents, cost is $100 to $250 per month for single, $200 to $400 for couple, $300 to $700 for family per month for hospital plus extras, with government rebate reducing cost by 24% to 33% depending on income, and Lifetime Health Cover loading adding 2% per year after 31 if no hospital cover. For example, basic hospital $100 to $150 per month single, Bronze $150 to $200, Silver $200 to $300, Gold $250 to $400 single with $500 excess. For family, Gold $450 to $750 per month with $500 excess. For private health insurance extras alone $50 to $100 per month single, $70 to $150 family. For private car insurance comprehensive, average $800 to $1,500 per year single car. For private home building and contents insurance, average $1,800 to $2,500 per year for house. For private life insurance, $30 to $80 per month for $500K cover for 30-year-old. For private income protection, $50 to $150 per month. For Overseas Visitor private health insurance for tourists, $40 to $150 per month single. So private insurance cost varies, but private health insurance $100 to $250 single, $300 to $700 family, car $800 to $1,500 per year, home $1,800 to $2,500 per year, with rebates and excess affecting final premium.
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