Havenât seen Lachie Neale and Jack Gunston describing their harrowing escapes north via the underhand railroad
Car insurance day today. Iâm with Suncorp. 2023 cost $979. 2024 renewal notice, $1,479! No explanation. +49%. So, I obtained a quote on the same equivalent from AAMI. Quoted price, $920.33. Changed over to AAMI. I donât understand what Suncorp are expecting from customers, just pay up? Check your bill and negotiate or at least see whatâs out there.
Yeah I think most companies go along for a year or two and then test if you read the renewals.
I had home renewal and it kept gjving me a higher premium when I used the online tool. So I put in all the same details, except used the next door neighbours address. It was 20-25% cheaper.
When I rang to check up they said it was because of the higher risk in the suburb. When I explained that I compared other houses in the street. They said it was due to a higher risk of the actual house, and that there mustâve been a claim in the last 5 years. (There hasnât been a claim ever since weâve owned it 12+ years). They then said the risk was a combination of the house, and suburbâŚsigh.
So I just simply got another insurer.
Itâs the loyalty tax. They boost your premium up by a lot every year. Every year l call up and demand they give me the join up price or l will become a new customer elsewhere. They deny there is a loyalty tax then offer me a discount because of my record.
This year they wouldnât give me a large discount because they couldnât give in consecutive years, even though l have been getting it for years.
You always have to demand a better price because they will always try and overcharge their existing customers in the hope you are too busy to question it or apply somewhere else.