I need to know....

[Brodlach]

Lights off now.

You, of anybody, should know how long 71 seconds is

Doesn’t take long

[Vamos]

Anyone else get a massive hike in their car insurance? I'm with AAMI and it's gone from $60 p/m to $100 p/m, did some online quotes and $100 p/m seems across the board.

[saintal]

Anyone else get a massive hike in their car insurance? I'm with AAMI and it's gone from $60 p/m to $100 p/m, did some online quotes and $100 p/m seems across the board.

Yep noticed a huge jump in car and also home/contents insurance when mine were up for renewal recently. Shopped around but all were fairly comparable.

[Wedgie]

Not looking forward to getting my renewal which is due in the next week or two now.

[amber_fluid]

Anyone else get a massive hike in their car insurance? I'm with AAMI and it's gone from $60 p/m to $100 p/m, did some online quotes and $100 p/m seems across the board.

Seems excessive for a VB Commodore

[DOC]

Anyone else get a massive hike in their car insurance? I'm with AAMI and it's gone from $60 p/m to $100 p/m, did some online quotes and $100 p/m seems across the board.

I was with AAMI for a long period until I had an accident and needed the car repaired. Found out that many crash repairers will not do AAMI jobs as they force repairers to source second hand parts and do things like only spray the part of the car being repaired which can leave you with a 2 tone car.

[locky801]

Not looking forward to getting my renewal which is due in the next week or two now.

Like everything, everything has gone through the roof EXCEPT our wages

[Vamos]

Anyone else get a massive hike in their car insurance? I'm with AAMI and it's gone from $60 p/m to $100 p/m, did some online quotes and $100 p/m seems across the board.

Seems excessive for a VB Commodore

Never got to drive one of those, Mum downgraded to a Camira by the time I could drive.

[Vamos]

Anyone else get a massive hike in their car insurance? I'm with AAMI and it's gone from $60 p/m to $100 p/m, did some online quotes and $100 p/m seems across the board.

I was with AAMI for a long period until I had an accident and needed the car repaired. Found out that many crash repairers will not do AAMI jobs as they force repairers to source second hand parts and do things like only spray the part of the car being repaired which can leave you with a 2 tone car.

Didn't have an issue when the wife decided she'd take on a trolley bay, car was only 6 months old from new
I did have to take it up to Holden Hill though.

[DOC]

6 months old you will get new.

Holden Hill not quite adj Port Adelaide.

[Vamos]

6 months old you will get new.

Holden Hill not quite adj Port Adelaide.

No insurance mob would replace a car for a bit of skin off the knee I'd imagine.

[DOC]

I meant new parts etc.

[Jimmy_041]

I just got my MV renewal - up 12%

[Spargo]

I just got my MV renewal - up 12%

My van insurance renewal went up 31%, I have 3 different brokers now doing some searching for me.

[Footy Chick]

Anyone else get a massive hike in their car insurance? I'm with AAMI and it's gone from $60 p/m to $100 p/m, did some online quotes and $100 p/m seems across the board.

It's across the board, our standard increase is around 30% from the previous year. Pretty much no one hasw been spared.

Thank mother nature for that, when you pay out $100 million in claims from a 10 min hailstorm, and then another X million dollars in flood claims, premiums are going to soar, regardless of whether you have personally claimed or not.

The pricing increases are being driven by global factors and are affecting the entire insurance industry.

These industry-wide premium increases are being driven by a range of external factors, including COVID-related supply chain delays, extreme weather events (e.g.: October 2021 SA Hailstorm, QLD and NSW floods, SA Bushfires, etc) and significant increases to reinsurance costs across Australia.

Insurance companies are required to have their own insurance which is called re-insurance. When major events occur (like hailstorms and floods etc) Insurance companies will often claim on that insurance and both companies will jointly cover the costs. The reinsurance company then charges consumer insurance companies, the amounts they need to cover hundreds of millions of dollars of claims.

[Footy Chick]

Anyone else get a massive hike in their car insurance? I'm with AAMI and it's gone from $60 p/m to $100 p/m, did some online quotes and $100 p/m seems across the board.

Seems excessive for a VB Commodore

Not really, everyone thinks their Commys are worth millions now that Holden is dead

[Footy Chick]

Anyone else get a massive hike in their car insurance? I'm with AAMI and it's gone from $60 p/m to $100 p/m, did some online quotes and $100 p/m seems across the board.

I was with AAMI for a long period until I had an accident and needed the car repaired. Found out that many crash repairers will not do AAMI jobs as they force repairers to source second hand parts and do things like only spray the part of the car being repaired which can leave you with a 2 tone car.

Didn't have an issue when the wife decided she'd take on a trolley bay, car was only 6 months old from new
I did have to take it up to Holden Hill though.

OMG, you left the peninsula?

[amber_fluid]

Anyone else get a massive hike in their car insurance? I'm with AAMI and it's gone from $60 p/m to $100 p/m, did some online quotes and $100 p/m seems across the board.

I was with AAMI for a long period until I had an accident and needed the car repaired. Found out that many crash repairers will not do AAMI jobs as they force repairers to source second hand parts and do things like only spray the part of the car being repaired which can leave you with a 2 tone car.

Didn't have an issue when the wife decided she'd take on a trolley bay, car was only 6 months old from new
I did have to take it up to Holden Hill though.

OMG, you left the peninsula?

Thank god for Google maps!

[amber_fluid]

Anyone else get a massive hike in their car insurance? I'm with AAMI and it's gone from $60 p/m to $100 p/m, did some online quotes and $100 p/m seems across the board.

It's across the board, our standard increase is around 30% from the previous year. Pretty much no one hasw been spared.

Thank mother nature for that, when you pay out $100 million in claims from a 10 min hailstorm, and then another X million dollars in flood claims, premiums are going to soar, regardless of whether you have personally claimed or not.

The pricing increases are being driven by global factors and are affecting the entire insurance industry.

These industry-wide premium increases are being driven by a range of external factors, including COVID-related supply chain delays, extreme weather events (e.g.: October 2021 SA Hailstorm, QLD and NSW floods, SA Bushfires, etc) and significant increases to reinsurance costs across Australia.

Insurance companies are required to have their own insurance which is called re-insurance. When major events occur (like hailstorms and floods etc) Insurance companies will often claim on that insurance and both companies will jointly cover the costs. The reinsurance company then charges consumer insurance companies, the amounts they need to cover hundreds of millions of dollars of claims.

Don’t we pay insurance to cover us against all the things you’ve mentioned above?
Why then when they happen, do we have to pay more?
Surely that was already factored into our insurance cost’s previously.

[Booney]

Feeling sorry for insurance companies would be like feeling sorry for bookies. Not happening.