this post was submitted on 08 Nov 2024
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AusFinance

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Was originally with AAMI, and noticed they had quietly dropped my covered rate to $7,500. If I was willing to pay more, I could be insured for $10,500 max. This is for a 2008 top spec Nissan 350z, which you couldn't look at for anything less than $17,000. My premiums for comprehensive were about to go up to $141 a month (despite being with them for 5 years with no claims) so I checked with Shannons, and they covered to $20,000 for $146 a month. Always pays to check how much you're covered, as if my car was written off, I'd be getting less than half it's worth. Outrageous.

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