Ovens Valley One Nation candidate James Rouel said the policy was about removing unnecessary government charges from everyday household expenses.
“Families are already paying enough to insure their homes, belongings and cars,” he said.
“Why on earth should the government take another 10 per cent on top of that?”
Under Victoria's current system, home, contents and car insurance attract a 10 per cent duty, calculated on the premium including GST ― for a household paying $3000, the additional tax is $300.
Mr Rouel said the policy would benefit households across the electorate, from families insuring their homes to renters protecting their belongings.
“In regional Victoria, having a car isn’t a luxury; it’s how we get to work, take the kids to school and sport, and get to appointments,” he said.
“When you’re living in communities where bushfires and floods are real risks, protecting your home and belongings is incredibly important.”
Mr Rouel said he understood the pressure of rising household expenses, having spent more than four years working directly with regional families experiencing financial hardship.
“Removing this tax won’t fix every cost-of-living problem, but it’s one less government charge families have to find money for every year,” he said.