Browse Forums General Discussion 1 Dec 07, 2009 6:52 pm H1-ers Just got a lovely xmas present from my insurance company...my $620 premium has gone to $970... Merry Fracking Christmas... ...no change in coverage conditions or increase in contents beyond CPI...straw poll at work suggests that other people have had their premiums go up similarly...apparently due to the fires, GFC, and whatever the freakin' hell else they can blame etc... Anyone else have a similar increase... I'll do the old ring around and threaten to leave but I think a 50% increase is a bit rich!.... And here's another emoticon for good measure. Cheers, Mike mmm....donuts Homer Simpson 1956- Links: Site Costs Ready Reckoner | H1 Addiction Medical Advice | Château TDL: The Backyard Re: OMFG! Home Insurance Premium 50% Increase 2Dec 07, 2009 7:04 pm You pulled out the OMFG.... and multiple . This is serious..... I've been shopping around for the new house..... the variation is quite. But nowhere that cost to be honest... I was expecting a premium due to us being so close to where the fires went through. Are you planning on naming and shaming? Sorry... felt the need to up the emoticons to keep up... I leave you to fend for yourself, figure things out yourself. Terrence Malick Re: OMFG! Home Insurance Premium 50% Increase 3Dec 07, 2009 7:07 pm Hi there, Yes most have increased but that does seem a lot. I thought the figure was around 20%. You'd better shop around but make sure you are comparing apples with apples. Harribeka Re: OMFG! Home Insurance Premium 50% Increase 4Dec 07, 2009 7:45 pm Ours has just been renewed and we didn't even notice an increase, so it must have been insignificant. I know it varies a lot depending on location. We got a decrease in our car insurance when we moved here, apparently it's a lower risk than where we were previously living ....300m away. Can you contact APRA and have a whinge? They're supposed to regulate insurance companies and so on. If the premium rise is unjustified, surely they can do something. Or maybe they're just another toothless tiger... Re: OMFG! Home Insurance Premium 50% Increase 5Dec 07, 2009 7:57 pm Mine went down $200 when I moved but then I went from inner city to barely in the metro 'A bottle of wine contains more philosophy than all the books in the world.' Louis Pasteur Vegie garden: viewtopic.php?f=19&t=27637&start=0 My Backyard Adventure Re: OMFG! Home Insurance Premium 50% Increase 6Dec 07, 2009 10:48 pm joles Are you planning on naming and shaming? NAming and shAmMIng would be beneath me.... lisanne Mine went down $200 when I moved but then I went from inner city to barely in the metro Mine went down a bit when we moved here... kek Can you contact APRA and have a whinge? They're supposed to regulate insurance companies and so on. If the premium rise is unjustified, surely they can do something. Or maybe they're just another toothless tiger... For a moment I thought you meant API... ...I'm only 41...I think I may do the old shop and threaten...car insurance is with them as well. harribeka I thought the figure was around 20%. You'd better shop around but make sure you are comparing apples with apples. Oh joy...insurance policy disclaimers...but I know what you mean.... mmm....donuts Homer Simpson 1956- Links: Site Costs Ready Reckoner | H1 Addiction Medical Advice | Château TDL: The Backyard Re: OMFG! Home Insurance Premium 50% Increase 8Dec 10, 2009 12:58 am i work for an insurance company and have noticed that Melb and Sydney have both increased. guessing its the insurance company trying to recope their losses from the QLD floods, Melb fires etc costs get passed on along the line somewhere Harrisdale backyard finally done! Re: OMFG! Home Insurance Premium 50% Increase 9Dec 10, 2009 1:07 am You know what the best thing about Insurance companies is tho... its so bl00dy easy to leave them!! Thankfully So i'd suggest that if you don't like what you're paying (and i'd hate a giant increase also!!!) then its easy to change to a better deal viewtopic.php?f=31&t=22766 - my build thread! Time waits for no man. Unless that man is Chuck Norris. Re: OMFG! Home Insurance Premium 50% Increase 10Dec 10, 2009 1:15 am Get another quote, ring them and tell them to reduce the increase or you will walk. If they dont, tell them you will be in touch to cancel when you have organised another provider. Adrian B Re: OMFG! Home Insurance Premium 50% Increase 11Dec 10, 2009 8:51 am Thanks guys...currently preparing munitions for a quote based assault on the call centre. mmm....donuts Homer Simpson 1956- Links: Site Costs Ready Reckoner | H1 Addiction Medical Advice | Château TDL: The Backyard Re: OMFG! Home Insurance Premium 50% Increase 12Dec 10, 2009 8:57 am If you are going to ring around, I have my insurance through these guys http://www.insurancehouse.com.au it's underwritten by QBE and they are sensational. 'A bottle of wine contains more philosophy than all the books in the world.' Louis Pasteur Vegie garden: viewtopic.php?f=19&t=27637&start=0 My Backyard Adventure 1 1790 Just to makea point about this, an approach that some people have found sucessful in negotiating these rises down, Is to provide some workings to the builder, specifying… 4 64451 Fair Trading can issue orders to rectify and complete but once the matter goes to NCAT these orders are automatically vacated. You will have to terminate contract and sue… 21 25261 |