Hi all,
Was wanting some help with recommendations for a new insurer to insure my car.
I received my renewal document from close this morning and it has increased by 50% from last year…. $1080 to now $1560
I have had no accidents or excess claims for over 3 years now, so don't know why there has been such a big jump in price.
Any help with be greatly appreciated!
QBE, AAMI, CGU
All cheaper than Coles at the moment.. thanks
Shop around to get a better price. Go back to your current insurer and ask them to explain such a large price increase. I have noticed a jump in all my insurances however wen I get quotes from other companies I find I am better off staying with my current insurer.
Youi should skip certain insurers 😀😉
It’s because the emergency services levy is back on insurance policies in nsw after the govt backflip.
My ESL for comprehensive insurance is only $7.36 - hardly breaking the bank.
Its the old trick of punishing people who auto renew.
Mine jumped $150 with no accidents too! When i asked why the lady mentioned new "laws" and keeping up with current times. ok? She then proceeded to offer me a $50 discount on my policy and I told her to just issue me with a separation certificate. Came at a good time as my company offered me a car so up yours AAMI
Mine jumped from 850 to 1350 - not just the renewing insurer, but consistently across the board!
Always, always, always call your insurer at renewal time and ask for a reassessment of your premium - Insurers all play the game of increasing premiums, some slightly, others by ridiculous margins, probably in the hope people will just pay them without thinking.
Also use a comparison website to get some other quotes - shoot a cheaper premium and get them to match it, if they wont then jump ship. Insurance companies deserve no loyalty, same with Telco's, energy suppliers and the like. I jump whenever it is worth it to me.
I received my renewal document from close this morning and it has increased by 50% from last year…. $1080 to now $1560
Call them up and ask for the old rate. They'll mostly roll over and give you that or a heavy discount.
just jump on line and get some quotes.
coles,
woolworths
progressive.
etc.