Things that you rate!

[Brodlach]

The original engagement ring purchased for $89 when we engaged as money was very tight had a stone lost from it about 3 years ago. On Sunday morning I told her we were off to West Lakes for a few things, one of them was a new ring that she could select. One, I had no idea what to buy as she's not a girly girl with rings and jewelry and, two, I didn't want to under spend and look tight. I got one right, two I misunderstood her taste. $$$

Haha my wife just took her engagement ring in as it has also lost a small diamond. She comes home, $1500 to get it replaced


She’s says don’t buy me a Valentine’s Day present or a present for our 26th anniversary in March. Bloody oath I won’t.

[amber_fluid]

The original engagement ring purchased for $89 when we engaged as money was very tight had a stone lost from it about 3 years ago. On Sunday morning I told her we were off to West Lakes for a few things, one of them was a new ring that she could select. One, I had no idea what to buy as she's not a girly girl with rings and jewelry and, two, I didn't want to under spend and look tight. I got one right, two I misunderstood her taste. $$$

Haha my wife just took her engagement ring in as it has also lost a small diamond. She comes home, $1500 to get it replaced


She’s says don’t buy me a Valentine’s Day present or a present for our 26th anniversary in March. Bloody oath I won’t.

Tell her if she keeps that up, you’ll trade her in!

[Dutchy]

The original engagement ring purchased for $89 when we engaged as money was very tight had a stone lost from it about 3 years ago. On Sunday morning I told her we were off to West Lakes for a few things, one of them was a new ring that she could select. One, I had no idea what to buy as she's not a girly girl with rings and jewelry and, two, I didn't want to under spend and look tight. I got one right, two I misunderstood her taste. $$$

Haha my wife just took her engagement ring in as it has also lost a small diamond. She comes home, $1500 to get it replaced


She’s says don’t buy me a Valentine’s Day present or a present for our 26th anniversary in March. Bloody oath I won’t.

Insurance?

Congrats Boon

[Brodlach]

Didn’t think about insurance, would it be worth it? They’d raise the premiums I’m sure

[Dutchy]

Didn’t think about insurance, would it be worth it? They’d raise the premiums I’m sure

We have claimed before for something similar, might be worth a phone call, it was pretty easy due to us being long term clients and hardly every claiming.

On a similar note when my MIL passed my wife got her wedding ring, we were in shock when we got it valued and of course had to specifically insure it, up goes the premiums $60 per month

[Footy Chick]

Didn’t think about insurance, would it be worth it? They’d raise the premiums I’m sure

Premiums dont rise because you've made a claim

Premiums rise because EVERYBODY makes a claims (ie, weather events etc)- it's not personal.

[MW]

Didn’t think about insurance, would it be worth it? They’d raise the premiums I’m sure

Premiums dont rise because you've made a claim

Premiums rise because EVERYBODY makes a claims (ie, weather events etc)- it's not personal.

I had a large claim on my home in 2023, and I can tell you premiums do indeed rise because you've made a claim...

[Brodlach]

I always thought that was the case but FC would know better than all of us.


What I would like to know is how car premiums rise significantly for cars that devalue every year?

[MW]

I always thought that was the case but FC would know better than all of us.


What I would like to know is how car premiums rise significantly for cars that devalue every year?

They told me it was not the case but it was over double the premium from 12 months ago...

[Brodlach]

I always thought that was the case but FC would know better than all of us.


What I would like to know is how car premiums rise significantly for cars that devalue every year?

They told me it was not the case but it was over double the premium from 12 months ago...

Jeepers

[amber_fluid]

Didn’t think about insurance, would it be worth it? They’d raise the premiums I’m sure

Premiums dont rise because you've made a claim

Premiums rise because EVERYBODY makes a claims (ie, weather events etc)- it's not personal.

I had a large claim on my home in 2023, and I can tell you premiums do indeed rise because you've made a claim...

Could be coincidental.
Floods, house prices rising all contribute as well.
Mine went up heaps as well and I didn’t make a claim.
Not double though as that’s crazy

[Booney]

I love the old "act of God" clause. If you believe that theory / imagination then EVERY THING is an act of God.

[amber_fluid]

I love the old "act of God" clause. If you believe that theory / imagination then EVERY THING is an act of God.

Insurance is the biggest rip off ever UNTIL you need to use it.

[Jimmy_041]

I always thought that was the case but FC would know better than all of us.


What I would like to know is how car premiums rise significantly for cars that devalue every year?

They told me it was not the case but it was over double the premium from 12 months ago...

No claim bonus?

Your rating might have dropped - I buy protected NCB so it doesn't
Your rating should be on your renewal

Motor and HH insurance premiums are increasing because insurers make no profit on those portfolio and the cost of repairs and parts have sky rocketed over the past 4 years

[gadj1976]

I always thought that was the case but FC would know better than all of us.


What I would like to know is how car premiums rise significantly for cars that devalue every year?

Because depreciation and replacement parts are mutually exclusive.

Cars depreciate because less people may want that type of car in future (ie, European cars are notorious for this) or are more expensive to begin with (luxury tax?).

From a premium perspective, parts are more difficult to come by, maybe they have to be imported and then labour to fix those cars is harder to find and more expensive? Maybe they are more prone to faults or being stolen?

[Footy Chick]

Didn’t think about insurance, would it be worth it? They’d raise the premiums I’m sure

Premiums dont rise because you've made a claim

Premiums rise because EVERYBODY makes a claims (ie, weather events etc)- it's not personal.

I had a large claim on my home in 2023, and I can tell you premiums do indeed rise because you've made a claim...

MW, a big chunk of SA had large claims in 22/23 and moreso across Australia - hence the blanket 30% minimum rise across the board with most insurers

But hey, what would I know?

[Footy Chick]

I always thought that was the case but FC would know better than all of us.


What I would like to know is how car premiums rise significantly for cars that devalue every year?

Because depreciation and replacement parts are mutually exclusive.

Cars depreciate because less people may want that type of car in future (ie, European cars are notorious for this) or are more expensive to begin with (luxury tax?).

From a premium perspective, parts are more difficult to come by, maybe they have to be imported and then labour to fix those cars is harder to find and more expensive? Maybe they are more prone to faults or being stolen?

What he said


- You may also find that insured values have increased for various cars this year, just due to the market still not being completely settled after COVID.

For example, i can get more for my car now at 6 years old, than what I paid for it.

That's Toyotas though.

[Vamos]

A late morning walk on the beach, free the peach!

[Lightning McQueen]

MW, a big chunk of SA had large claims in 22/23 and moreso across Australia - hence the blanket 30% minimum rise across the board with most insurers

But hey, what would I know?

One of my cars insurance rose around 25% last year yet the other about 2%, both with NRMA (who are shit btw, I’ve rang/chat lined/emailed them at least 15 times to try and access my policy online.

[Jim05]

Travel insurance has gone through the roof too.
Heading to Norway and some other parts of Europe for a month in a few weeks time and sheesh I know Covid hit and yada, yada, yada but it’s a fair whack up on previous policies we have had and we travel a lot