Updated September 28, 2026 · AssureCue Editorial Team
123Seguro vs Budget Direct
123Seguro vs Budget Direct: the differences
| Compare | 123Seguro ReviewSee alternativesSee alternatives |  Budget Direct |
|---|---|---|
| Insurance types | Auto, Home, Life, Health, Breakdown | Auto, Home, Renters, Life, Travel, Pet, Motorcycle, Breakdown, Landlord, Income protection |
| Provider type | Broker | Insurer |
| Claims channels | Online claims form, WhatsApp, Self service portal, Phone, Free legal advice | Phone, Online |
| Age range | Adults only, minors not accepted | Pet insurance: over 8 weeks old and under 9 years old at first policy |
| Premium from | Not confirmed | A$76.45 |
| Monthly payments | Not confirmed | Yes |
| Excess from | Not confirmed | A$100 |
| Cover limit | Not confirmed | AUD 12,000-25,000 per year (pet insurance annual benefit limit; Plus up to $25,000, Essential $12,000) |
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Key differences
- Budget Direct scores higher overall: 9.2 vs 9.1.
- Founded is lower at Budget Direct: 2000 vs 2010.
- 123Seguro is available in 4 more countries.
- Insurance types: only 123Seguro offers Health.
- Insurance types: only Budget Direct offers Renters, Travel, Pet.
- Claims channels: only 123Seguro offers Online claims form, WhatsApp, Self service portal.
- Claims channels: only Budget Direct offers Online.
Our verdict on each
123Seguro
123Seguro suits adults in Argentina who want car, home, life, health and breakdown cover arranged through a single broker, and the median listed price here is €8.37. It is registered with the Superintendencia de Seguros de la Nacion, and support runs on chat, email and phone.
Budget Direct
Budget Direct suits Australian households wanting one insurer across car, home, pet, travel and other cover, but its price is among the highest here. Premiums start at AUD 76.45 against a site median of €8.37, and the pet excess of AUD 100 adds to the bill.
Score breakdown
| Area | 123Seguro | Budget Direct |
|---|---|---|
| Cost | Not confirmed | 8.8Premium starts at AUD 76.45, well above the €8.37 site median, so the cost case is weak. |
| Offer | 9.7Higher | 9.4 |
| Trust | 8.7 | 9.3Higher |
Side by side, item by item
| Insurance types | 123Seguro | Budget Direct |
|---|---|---|
| Auto | Yes | Yes |
| Home | Yes | Yes |
| Renters | No | Yes |
| Life | Yes | Yes |
| Health | Yes | No |
| Travel | No | Yes |
| Pet | No | Yes |
| Motorcycle | No | Yes |
| Breakdown | Yes | Yes |
| Landlord | No | Yes |
| Income protection | No | Yes |
Which one suits you
Pick 123Seguro if offer matter most.
Pick Budget Direct if trust matter most.
Where they rank in our lists
| Ranking | 123Seguro | Budget Direct |
|---|---|---|
| Car insurance | 128 of 375 | 100 of 375 |
| Home insurance | 117 of 273 | 86 of 273 |
| Life insurance | 116 of 263 | 87 of 263 |
| Breakdown cover | 28 of 53 | 20 of 53 |
What we checked
123Seguro
- 123seguro.com.ar: 6 facts, checked September 26, 2026
- 123seguro.com: 2 facts, checked September 26, 2026
Budget Direct
- budgetdirect.com.au: 13 facts, checked September 26, 2026
Every fact side by side
| Fact | 123Seguro | Budget Direct |
|---|---|---|
| Pricing model | Not confirmed | Monthly |
| Legal entity | EURO SECURITY S.A. (CUIT 30-70805926-5) | Auto & General Services Pty Ltd |
| Headquarters | Argentina | Australia |
| Founded | 2010 | 2000Lower |
| Support channels | Chat, Email, Phone, Help centre | Phone, Email, Chat, Help centre |
Where each stands against the rest
| Fact | 123Seguro | Budget Direct | Median |
|---|---|---|---|
| Excess from | Not confirmed | A$100above the median | A$0 |
Median across 7 listed insurance providers.
Pros and cons
123Seguro
Pros
- A single broker handles several lines, auto, home and life, for car, home, life, health and breakdown.
- Support runs on chat, email and phone, and auto claims can start through online claims form, WhatsApp and self service portal.
- The median listed price here is €8.37, with a lower quartile of €2.92 and an upper quartile of €29.72.
Cons
- Cover is for adults only: Adults only, minors not accepted, so a policy cannot sit in a child's name.
- Pet, travel and motorcycle cover is not among the lines listed, which are auto, home and life, so those must be arranged elsewhere.
Budget Direct
Pros
- One insurer covers auto, home and renters
- Monthly payments are available, so cash flow is easier to manage
- Support runs on phone, email and chat
Cons
- Premium of AUD 76.45 sits far above the €8.37 site median
- Claims run on phone and online, a narrower route than the phone, email and chat listed for general support
- Pet cover is capped at AUD 12,000-25,000 per year (pet insurance annual benefit limit; Plus up to $25,000, Essential $12,000) per year
Who each suits
123Seguro
Who it suits
- Adults in Argentina arranging car, home, life, health or breakdown cover through a single broker.
- People who want a choice of route on a claim, since online claims form, WhatsApp and self service portal spans an online form, WhatsApp, a self-service portal, phone and free legal advice.
- Shoppers who want several lines in a single place, with auto, home and life on offer.
Who should look elsewhere
- Minors, because Adults only, minors not accepted rules out a policy for a child.
- Anyone set on travel or gadget cover: EuroAsia Insurance lists auto, home and travel, so that pairing is worth a look.
- Households wanting pet, motorcycle or travel in a single place: Good Sam Insurance Agency lists auto, home and renters.
Budget Direct
Who it suits
- Australian households bundling car, home and pet policies
- Pet owners whose pet is within a minimum age and under a maximum age at first policy
- People who want monthly payments to spread the cost
Who should look elsewhere
- Cheap-first shoppers, since AUD 76.45 is well above the €8.37 site median
- People who want to claim by email or chat, as claims run on phone and online only
- Owners of older pets, outside the age range for a first policy
Current offers
Budget Direct
Current offer
Discount code
15% Online Discount on first year's premium (car, home, motorcycle, pet, travel): 15%
New policy purchased or quoted online, first year only, no renewal, for policies quoted on or after 20 August 2026
Source, checked September 26, 2026
Discount code
Combined Discount on new combined Home and Contents policy: up to 15%
Home Building and Contents bought in a single transaction, first year only
Source, checked September 26, 2026
Discount code
Standalone Roadside Assistance online discount: 15%
First year's membership on a new Standalone Roadside Assistance membership purchased or quoted online; not when added to a car insurance policy
Source, checked September 26, 2026
Bonus
Life Insurance $100 eGift card: AUD 100
Eligible life policies with total annualised premium of at least $400 at issue, held 90 days with three months' premiums paid; promotion 8 July 2026 to 31 December 2026; one per customer
Source, checked September 26, 2026
Country by country
| Country | 123Seguro | Budget Direct |
|---|---|---|
| Argentina | Yes | No |
| Australia | No | Yes |
| Brazil | Yes | No |
| Chile | Yes | No |
| Colombia | Yes | No |
| Mexico | Yes | No |
Questions about each
123Seguro
What kind of company is 123Seguro?+
It is a broker, not the underwriter, and its provider type is broker. An insurer named on your quote is the party that carries the risk and pays the claim, so the insurer behind each quote matters as much as the broker.
What will cover cost me?+
The median listed price here is €8.37, with a lower quartile of €2.92 and an upper quartile of €29.72. In the car ranking the median sits at €8.72 and the spread runs from €3.90 to €3,431.08, so the vehicle and the driver move the price most.
Budget Direct
What does Budget Direct cost as a starting premium?+
Premiums start at AUD 76.45. That is a high starting point, sitting well above the €8.37 median across the site. The pet policy also carries an excess starting at AUD 100, which adds to what a claim costs you.
Who is behind Budget Direct and is it regulated?+
The insurer is Auto & General Services Pty Ltd, an insurer based in Australia and trading since 2000. In Australia it is licensed by the Australian Securities and Investments Commission under licence 360138.