Car insurance doubled

John B · **June 28, 2014, 08:48:01**

Transferred my car insurance with Suncorp from my 2006 Falcon to my new i30 when I took delivery just over a month ago. As my insurance is due for renewal next month I thought I would get a quote .
Shock horror the quote is $1,158.68 that is over 100 % more than last year. They have not sent out a renewal notice yet so that may be cheaper but I am not holding my breath.I have obtained quotes from five other insurances companies online with the same cover as I have now with the same excess and they range from $465 to $831.60 ,Youi being the cheapest and Alliance the most expensive. The others are well known companies . Suncorp management can offer no reason for the increase. I have all house insurances with Suncorp and yet all the other quotes were car insurance only so there would be further discounts with them if I were to change. I have been happy with Suncorp in the three years I have been with them and I could understand a reasonable rise in cost but this seems over the top with no explanation.

Dazzler · **Reply #1: June 28, 2014, 08:50:39**

The only thing I can put it down to is...

they have seen some of your jokes on here...

John B · **Reply #2: June 28, 2014, 08:55:04**

Quote from: Dazzler on June 28, 2014, 08:50:39

The only thing I can put it down to is...

they have seen some of your jokes on here...

Cheeky bugger,in that case it should be cheaper for the free entertainment.

Doggie 1 · **Reply #3: June 28, 2014, 08:57:54**

It's an insurance company.
They will screw you because they can whenever they can.

Just Rick · **Reply #4: June 28, 2014, 09:00:19**

Quote from: Doggie 1 on June 28, 2014, 08:57:54

It's an insurance company.
They will screw you because they can whenever they can.

So exactly like any government then,they must be working together.

John B · **Reply #5: June 28, 2014, 09:04:32**

Quote from: Doggie 1 on June 28, 2014, 08:57:54

It's an insurance company.
They will screw you because they can whenever they can.

With five other companies with lower cost they won't be screwing with this little black duck. their loss.

Dazzler · **Reply #6: June 28, 2014, 09:05:28**

Quote from: John B on June 28, 2014, 08:55:04

Quote from: Dazzler on June 28, 2014, 08:50:39
The only thing I can put it down to is...

they have seen some of your jokes on here...

Cheeky bugger,in that case it should be cheaper for the free entertainment.

Only joshing I like your Jokes (I would have given you a discount)

Watch Youi, they wooed me with a low price than jacked me up 20% on my first Renewal... With RAC now...

beerman · **Reply #7: June 28, 2014, 09:06:59**

Having been a AAMI customer for decades they did the same thing to me a couple of years ago, surprise surprise they had been taken over by Suncorp.

First year I rang them and they reduced the price sharp. Second year same thing happened, and they showed no interest. Hence I am now with QBE.

I thought the idea was to push the premiums up by a bit, so you would think oh well they would all be the same, and not bother checking.....

John B · **Reply #8: June 28, 2014, 09:07:50**

Quote from: Dazzler on June 28, 2014, 09:05:28

Quote from: John B on June 28, 2014, 08:55:04
Quote from: Dazzler on June 28, 2014, 08:50:39
The only thing I can put it down to is...

they have seen some of your jokes on here...

Cheeky bugger,in that case it should be cheaper for the free entertainment.

Only joshing I like your Jokes (I would have given you a discount)

Watch Youi, they wooed me with a low price than jacked me up 20% on my first Renewal... With RAC now...

Thank's Dazzle yes Youi has already been tossed in the bin ,reviews not to good for them.

eye30 · **Reply #9: June 28, 2014, 09:08:14**

Test the market then go back to them and ask if thet will price match.

If not, goes elsewhere....

Doggie 1 · **Reply #10: June 28, 2014, 09:10:57**

AAMI

Insurance Companies

John B · **Reply #11: June 28, 2014, 09:11:08**

Quote from: Saracen on June 28, 2014, 09:08:14

Test the market then go back to them and ask if thet will price match.

If not, goes elsewhere....

Thank's Saracen, tried that hence the research on all the others.

beerman · **Reply #12: June 28, 2014, 09:11:47**

Quote from: Saracen on June 28, 2014, 09:08:14

Test the market then go back to them and ask if thet will price match.

If not, goes elsewhere....

Why bother, you have practically done all the work to switch when you get the price. Switch and teach them a real lesson.

beerman · **Reply #13: June 28, 2014, 09:14:14**

Quote from: John B on June 28, 2014, 09:11:08

Quote from: Saracen on June 28, 2014, 09:08:14
Test the market then go back to them and ask if thet will price match.

If not, goes elsewhere....

Thank's Saracen, tried that hence the research on all the others.

It used to be about the music with them...Then Suncorp bought them...

John B · **Reply #14: June 28, 2014, 09:15:04**

Quote from: John B on June 28, 2014, 09:07:50

Quote from: Dazzler on June 28, 2014, 09:05:28
Quote from: John B on June 28, 2014, 08:55:04
Quote from: Dazzler on June 28, 2014, 08:50:39
The only thing I can put it down to is...

they have seen some of your jokes on here...

Cheeky bugger,in that case it should be cheaper for the free entertainment.

Only joshing I like your Jokes (I would have given you a discount)

Watch Youi, they wooed me with a low price than jacked me up 20% on my first Renewal... With RAC now...

Thank's Dazzle yes Youi has already been tossed in the bin ,reviews not to good for them.

Should have mentioned RACQ are looking good, was with RAA in S.A for years but thought I would give Suncorp a go when I moved here seeing they were for Queensland.

Just Rick · **Reply #15: June 28, 2014, 10:01:27**

We have everything with QBE(for over fifteen years now),we get quite a discount,love their car insurance as well,unlimited glass breakage,which suits me to a tee,Cyril's had four windscreens in three years,Bruce is up for one now,had a chip repaired some time ago but the bloke did say it could crack still and he was right,when the crack gets big enough I'll get it changed

Surferdude · **Reply #16: June 28, 2014, 10:58:02**

We're with RACQ. Two cars - my 130 and my wife's Corolla are together way less than your Suncorp quote. Just over $800.
But we also have our house and contents insurance with them and my wife is a Gold Member and we get a Seniors' discount.
We were with Suncorp before we moved to Sydney and they were by far the cheapest (1993). But at that stage they weren't in NSW and we went to AAMI. Only changed to RACQ about 5 years ago when AAMI started getting too expensive.

CraigB · **Reply #17: June 28, 2014, 11:23:26**

I found Allianz the cheapest, no one else could match their price... $528 full comprehensive with unlimited all glass cover and no claim bonus protection plus 3 years new car replacement.

Dazzler · **Reply #18: June 28, 2014, 11:28:34**

Quote from: CraigB on June 28, 2014, 11:23:26

I found Allianz the cheapest, no one else could match their price... $528 full comprehensive with unlimited all glass cover and no claim bonus protection plus 3 years new car replacement.

Just be careful you don't do too many mods on your i30 though.. We were with them when we had our 2008 i30. They refused to insure me when I put a sports exhaust on it! So we swapped to a broker (who was an agent for them) and ended up paying roughly the same...

They are quite picky who or what they will ensure (which keeps their premiums down I guess!)

CraigB · **Reply #19: June 28, 2014, 11:37:17**

Quote from: Dazzler on June 28, 2014, 11:28:34

Quote from: CraigB on June 28, 2014, 11:23:26
I found Allianz the cheapest, no one else could match their price... $528 full comprehensive with unlimited all glass cover and no claim bonus protection plus 3 years new car replacement.

Just be careful you don't do too many mods on your i30 though.. We were with them when we had our 2008 i30. They refused to insure me when I put a sports exhaust on it! So we swapped to a broker (who was an agent for them) and ended up paying roughly the same...

They are quite picky who or what they will ensure (which keeps their premiums down I guess!)

That's strange they refused you, I did ask them about whether they would cover mods they I my do in the future such as spoiler kits - lowering - and exhaust and she said it wouldn't be a problem, if they did have a change of face then I'd change over to Shannons as their quote was only $30 more.

Dazzler · **Reply #20: June 28, 2014, 11:41:52**

Quote from: CraigB on June 28, 2014, 11:37:17

Quote from: Dazzler on June 28, 2014, 11:28:34
Quote from: CraigB on June 28, 2014, 11:23:26
I found Allianz the cheapest, no one else could match their price... $528 full comprehensive with unlimited all glass cover and no claim bonus protection plus 3 years new car replacement.

Just be careful you don't do too many mods on your i30 though.. We were with them when we had our 2008 i30. They refused to insure me when I put a sports exhaust on it! So we swapped to a broker (who was an agent for them) and ended up paying roughly the same...

They are quite picky who or what they will ensure (which keeps their premiums down I guess!)
That's strange they refused you, I did ask them about whether they would cover mods they I my do in the future such as spoiler kits - lowering - and exhaust and she said it wouldn't be a problem, if they did have a change of face then I'd change over to Shannons as their quote was only $30 more.

This was 5 or 6 years ago, just get the OK before you do each mod...

Lakes · **Reply #21: June 28, 2014, 11:47:05**

ilike NRMA but it's really IAG.

A lot of people tell me Shannons are the cheapest but i think Suncorp own them too.

Coles insurance cheap too.

I won't use Alliance

rustynutz · **Reply #22: June 28, 2014, 11:55:25**

Have you tried Apia, John? I find them to be pretty good....

CraigB · **Reply #23: June 28, 2014, 12:02:34**

Quote from: Dazzler on June 28, 2014, 11:41:52

just get the OK before you do each mod...

Allianz covered my HSV with more mods than I could list and a stroker motor so it shouldn't be an issue, it mostly comes down to driver and accident history as that will determine whether they class you as a liability to them.

If and when I do a mod... if they didn't like it then to bad for them as they'll be the one's losing a customer, Shannons will cover absolutely everything and anything as my old Mini Clubman that I used for hill climb events was insured through them

John B · **Reply #24: June 28, 2014, 12:25:25**

Quote from: rustynutz on June 28, 2014, 11:55:25

Have you tried Apia, John? I find them to be pretty good....

Thanks Rusty, did get a quote from them they were midway on cost from the others.

Surferdude · **Reply #25: June 28, 2014, 12:37:47**

Quote from: John B on June 28, 2014, 12:25:25

Quote from: rustynutz on June 28, 2014, 11:55:25
Have you tried Apia, John? I find them to be pretty good....

Thanks Rusty, did get a quote from them they were midway on cost from the others.

APIA is owned by Suncorp.

Dazzler · **Reply #26: June 28, 2014, 22:16:08**

Quote from: CraigB on June 28, 2014, 12:02:34

Quote from: Dazzler on June 28, 2014, 11:41:52
just get the OK before you do each mod...
Allianz covered my HSV with more mods than I could list and a stroker motor so it shouldn't be an issue, it mostly comes down to driver and accident history as that will determine whether they class you as a liability to them.

That was the stupid part.. Two drivers in their early 50's with clean driving licences and many years of accident free motoring..

Anyway, found a way around it...

Doggie 1 · **Reply #27: June 29, 2014, 02:11:50**

Quote from: Surferdude on June 28, 2014, 12:37:47

Quote from: John B on June 28, 2014, 12:25:25
Quote from: rustynutz on June 28, 2014, 11:55:25
Have you tried Apia, John? I find them to be pretty good....

Thanks Rusty, did get a quote from them they were midway on cost from the others.
APIA is owned by Suncorp.

And they don't like paying out on claims.
Only had two claims with them over several years and they refused to pay both.

rustynutz · **Reply #28: June 29, 2014, 03:02:25**

You hear horror stories about all the insurance companies...

All I know is that I've been able to negotiate my cover and premiums and they've been quite reasonable to talk to.
Never had a claim so can't comment as to how they payout...

Surferdude · **Reply #29: June 29, 2014, 04:54:33**

Insurance is a necessary evil in my opinion.
You pay it and hope you never have to use it.

But you can't blame them for the premiums they charge. They are a business and as such can charge whatever they like. That's free enterprise. The second part of that is that we DO have some choice as to who to go with.

I would be really pissed if I was with one of the majors and they refused to pay out on some technicality, as in (I think) Doggie's case. And I sure wouldn't just roll over and cop it.

But, as I say, business is business. They're there to make money for their investors/ owners and try to keep their customers happy at the least cost to themselves.

Did you see what I did there?