September 9, 2021
What will insurance costs mean for you and your family?
Insurance premiums have been rising since 2014, and the Australian Consumer Law (ACL) has been introduced.It requires insurers to offer “fair and reasonable” rates to people, with a cap of 10 per cent of the value of the policy.The ACL provides some examples of what that means: your annual car insurance premium is capped at […]
July 25, 2021
The Insurers that have a Problem
article Selective insurance, or the insurance that allows the company to charge an inflated premium based on the age of the insured, has been a major issue for some insurance companies for decades.Insurers that use selective insurance are known as “premium gougers” because they charge higher premiums for older, sicker consumers, and they use the […]
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