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NRMA $10 Per Month Third-Party Fire and Theft Motor Insurance Cover (or $120 for 12months)

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NRMA $10 Per Month Third-Party Fire and Theft Motor Insurance Cover (or $120 for 12months)
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LCovert2018 on 06/06/2020 - 10:18 nrma.com.au (1432 clicks)
Last edited 09/06/2020 - 19:52 by 1 other user

Hi All,

Long time lurker first time poster.

NRMA Insurance has announced that its Third-Party Fire and Theft Car Insurance product will be available at $10 a month for a limited period from Sunday, June 7 to Friday, 7 August 2020 (2 months promotional period).

My understanding if that under the offer you will $10 per month. The promotional rate of $10 will apply for the 12months from the date that the policy is comes into effect. You might want to check with NRMA if you can cancel anytime during the 12month without any fees and charges.

I could not find a direct link to NRMA's website with details of the offer (possibly due to the deal starting tomorrow).

If I have missed something in the post please let me know.

Cheers

Original Source: Insurance News

Automotive Car Insurance Insurance

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closed Comments

  • congo on 06/06/2020 - 10:21

    What is the catch?

    • barozgain on 06/06/2020 - 10:27

      that many people will forget to cancel after 2 months when they start charging full fees?

      Same as Ebay plus

      • Covert2018 on 06/06/2020 - 11:11

        The membership will go for 12 months but the offer of $10 per month is only available for 2 months.

        • CheapoJohnno on 06/06/2020 - 12:59

          ..edit; never mind read more closely

      • spokeless on 11/06/2020 - 13:33

        @barozgain The deal is for 12 months not 2 months. Or you can pay the $120 up front and get a 12 month policy which is what I just did.

    • djones145 on 06/06/2020 - 10:57
      +1

      The policy provides cover against damage the insured causes to another vehicle or property, and the cost of theft and fire to the insured’s vehicle up to a market value of $10,000

      not.like u can insure ur merc amg and get it all back for 10 bucks lol

    • Covert2018 on 06/06/2020 - 11:13
      +1

      Catch is that people will stay with NRMA after the 12month period and pay a higher insurance premium.

  • kronicmacstigator on 06/06/2020 - 11:06
    +3

    Their insurance 'assessors' are absolute drop kicks! My claim was absolute sheer hell on earth. This 'deal' is definitely a false economy if your car is ever stolen etc. Go with another insurer and save yourself the heartache!

  • blerk on 06/06/2020 - 11:09
    +1

    As per the article: "The two-month promotional offer, which will be the subject of a new TV campaign, applies to a 12-month policy". I don't think get 2 months cheap then opt out applies here.

    • Covert2018 on 06/06/2020 - 11:14

      You are right. You get the benefit of $10 per month for 12 months. I think you can opt-out/ cancel your membership at any time.

      • blerk on 06/06/2020 - 11:24

        So we're talking a $120 overall commitment but you can only get/start the 12 month policy within a 2 month time frame, yeah? Probably best to word the title $120 for 12 months not $10/month since month to month isn't doable.

        • aladdin on 06/06/2020 - 11:27

          Yes thats my understanding. lets see whats the actual ads say.

        • Covert2018 on 06/06/2020 - 13:40

          I have signed up today with a future start date.They did not say anything about a 12 month commitment.

          • Associatedoranglama @ NRMA Insurance on 06/06/2020 - 16:39
            +1

            @Covert2018: You have to do it when the offer is active

        • Covert2018 on 06/06/2020 - 13:45

          I have updated the title.

  • aladdin on 06/06/2020 - 11:26

    My understand is the promotion run for two months from 7/6 to 7/8 and the contract is for 12months so total $120 for third party fire and theft cover. So not 2 months $10 and the rest full price. Thats just my understanding from what i have read.

  • hashtagbargain on 06/06/2020 - 11:27
    +1

    Are all states eligible for this promo?

    • Covert2018 on 06/06/2020 - 13:41

      I know NSW is definitely covered. You might want to contact NRMA directly and ask.

    • Associatedoranglama @ NRMA Insurance on 06/06/2020 - 16:41
      +1

      Only nrma, try selecting different state and see if it changes the brand

    • Aydin on 11/06/2020 - 05:44

      Entering a VIC address takes you to RACV

  • w37hsyea on 06/06/2020 - 15:37

    Where is the link from those who said they signed already?
    Website shows no promo.

    • Covert2018 on 06/06/2020 - 18:51

      Try the nrma website tomorrow. I called them today and was able to sign up.

  • duluxe2000 on 06/06/2020 - 17:38

    Should I switch to NRMA to take advantage of the promo ? The problem is when the promo expires, the premium will go up and I can't switch back to my previous insurer either because I will lose the "loyaty" discount (whatever it is but I notice if you stay with one insurer for a while with no claim, it is often the cheapest).

    • Shikha966 on 06/06/2020 - 17:48
      +1

      I thought there is no such thing as loyalty discount.

      • w37hsyea on 06/06/2020 - 19:15

        RACV/Q have it - but it's still worthwhile getting a quote from 6+ insurers to compare.

  • whitlam on 07/06/2020 - 09:04

    It's showing on the website now but I'm still getting a ~$60 p/m quote.

    https://www.nrma.com.au/car-insurance/third-party-fire-theft…

  • Whisper Quiet on 07/06/2020 - 10:42

    Can't get it in SA,WA or NT. All other states are fine

    • Aydin on 11/06/2020 - 05:47

      Redirects to RACV if a VIC address is entered

  • 50centscheaper on 07/06/2020 - 10:55
    +1

    Thanks OP , I just changed to NRMA. The website is updated now you should see $120.

  • dorikin on 08/06/2020 - 11:33

    Awesome deal. Just cancelled my Coles policy online and signed up with NRMA. Paid $120 up front

  • Owgasm on 09/06/2020 - 19:55

    Thanks to the new post and the redirection to here..
    $10 a month. bargain.

  • ttttttt on 09/06/2020 - 20:34
    +2

    This deal deserve more attention!!! It is a real bargain

  • Owgasm on 09/06/2020 - 20:37

    So…is there any catch?
    Just don’t renew?

  • JexL on 10/06/2020 - 00:01

    Just switched my current NRMA policy to this. Fantastic price

  • mrjames on 10/06/2020 - 11:01

    Good deal! Does anyone know if NRMA will let you transfer the policy to a different car within the 12 month period?

  • Koipanda on 10/06/2020 - 21:23
    +1

    Just bought this. I only needed third party and being under 25 was a pain. This saved me close to $500

  • King Tightarse on 11/06/2020 - 10:36

    So this cannot be used in Victoria?

  • spokeless on 11/06/2020 - 13:28

    I just switched to this deal. I had already purchased 3rd Party Property from NRMA recently for about $300 but cancelled that, got a pro-rata refund and took this deal which includes Fire and Theft as well. I'll probably drop back to the lower level of cover next year as it will be much more expensive to renew.

  • samkenny on 11/06/2020 - 22:31

    Shite, was about to make my first post. Guess I'm not cut out to scour the internet got deals to share.

  • pluto on 13/06/2020 - 03:52

    Is this valid for VIC? I am being re-directed to RACV.

  • Meovel on 18/06/2020 - 21:04

    Does multi-policy hold discount stack?

    • Meovel on 18/06/2020 - 21:09

      Ok T&C term 8 excluded it.

  • Aesir5 on 24/07/2020 - 16:16

    This is a great bargain, saved almost $300 and NRMA offer insurance for cars on car share apps.

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