EconomyAustralian regulator tells car owners to challenge steep insurance hikes

Australia’s corporate regulator is urging car owners to push back against sharp increases in motor insurance premiums and seek better offers. The Australian Securities and Investments Commission found that many insurers were lifting prices faster than inflation. Its review of eight insurers found none adequately explained how premiums were calculated or why prices had changed in quote and renewal documents. The regulator advised customers to challenge insurers rather than simply accept the increases.

motor insurancepremium hikesconsumer rightsAustralia

TThe Guardian★★★☆☆2026-08-10 14:01Original