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Recipients of this year's CANSTAR awards have been revealed.

QBE and Budget Direct tied in taking out the Outstanding Value – Car Insurance Award with this year marking Budget Direct's 10th win in a row for the category.

CANSTAR head of research Mitchell Watson said that both insurers are worthy recipients.

"Both insurers rank highly across pricing and features, providing that ideal combination of the two that we look for.

"For the tenth year in a row Budget Direct has achieved our overall outstanding value car insurance award.

“This is an incredible achievement and demonstrates the consistency of Budget Direct’s offering to Australian motorists.

"Over the years our methodology has adjusted to market changes and they have been able to maintain their high standards if not push the industry benchmarks.

“What drives their performance is that they are truly an insurer for all Australian motorists, which is shown through their competitive pricing across young to old drivers and families."

State based winners for the awards also include NRMA insurance (QLD) and SGIC (SA).

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CANSTAR has also provided a breakdown of car insurance premiums costs across Australian states.

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