Insurance Rort..Not happy NRMA

[DougM]

Hi to all....

I justy wanted to vent my anger at my insurance company....The NRMA.....They sent us a renewal for my wife's car (AU3 Forte Wagon) with an increase in premium of nearly $400.........WTF???? Nearly 50% increase..

Get this, 65% protected NCB discount = $1831.39
20% years of Ins. Discount = $834.82
Multipolicy Discount = 521.76
Total discounts = $3187.97

Premium = $1138.98 For an agreed value of $11,600

That's nearly 10% value of the car AFTER all their discounts......

Are these people for real?????? My XR8 is only slightly more to insure through Shannons.....

I rang Shannon's and they gave me an excess price of $826 plus an $85 discount on my XR8 premium.....The agreed value was less at $10,000 but that only comes into play if the car's a total loss.....

When I rang NRMA the lady I sopke to said that she could not really explain why it had gone up so much but all insurance companies are increasing premiums and that they have had many new clients complaining about their previous insurer so in the end "it all balances out"!!! For who????????? Certainly not me.....What a way to treat loyal customers.......

The NRMA also said that they will not price match!!!! Thay also charge extra for pay by the month which some other don't so the price is even higher again!!!

I'll be checking my other policies now too and probably change them also.....

I hope there are some NRMA managers reading this.....NOT HAPPY....

SHOP AROUND GOOD PEOPLE!!!!!! I used to wonder about the term "grumpy old man" but I'm certainly seeing where it comes about lately....These big corporations/Govt. just keep bending us over every day........