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Can you fight back against insurance hikes?

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Manage episode 463406373 series 3382682
Conteúdo fornecido por Australian Broadcasting Corporation. Todo o conteúdo do podcast, incluindo episódios, gráficos e descrições de podcast, é carregado e fornecido diretamente por Australian Broadcasting Corporation ou por seu parceiro de plataforma de podcast. Se você acredita que alguém está usando seu trabalho protegido por direitos autorais sem sua permissão, siga o processo descrito aqui https://pt.player.fm/legal.

We all find the cost of insurance too high, but have you ever thought to actually fight against big hikes to your premium?

A growing number of Australians are trying just that, with limited success.

Today, national consumer affairs reporter, Michael Atkin, on why insurance costs continue to surge and how Australians are trying to force the insurance giants to justify the hikes.

Michael Atkin explains that insurance premiums have jumped 11% in the past year, following even higher increases in previous years.

He shares stories from frustrated home owners like Mark Stacey and Warren Vant, who have seen their premiums skyrocket.

The industry justifies these hikes, citing increased severe weather and inflation.

Michael Atkin says while some consumers have had success challenging their insurers through the Australian Financial Complaints Authority, many others have not been as fortunate.

Featured:

Michael Atkin, national consumer affairs reporter

Key Topics:

  • Insurance premium hikes
  • Australian Financial Complaints Authority (AFCA)
  • Natural disasters and insurance
  • Inflation and building costs
  continue reading

252 episódios

Artwork
iconCompartilhar
 
Manage episode 463406373 series 3382682
Conteúdo fornecido por Australian Broadcasting Corporation. Todo o conteúdo do podcast, incluindo episódios, gráficos e descrições de podcast, é carregado e fornecido diretamente por Australian Broadcasting Corporation ou por seu parceiro de plataforma de podcast. Se você acredita que alguém está usando seu trabalho protegido por direitos autorais sem sua permissão, siga o processo descrito aqui https://pt.player.fm/legal.

We all find the cost of insurance too high, but have you ever thought to actually fight against big hikes to your premium?

A growing number of Australians are trying just that, with limited success.

Today, national consumer affairs reporter, Michael Atkin, on why insurance costs continue to surge and how Australians are trying to force the insurance giants to justify the hikes.

Michael Atkin explains that insurance premiums have jumped 11% in the past year, following even higher increases in previous years.

He shares stories from frustrated home owners like Mark Stacey and Warren Vant, who have seen their premiums skyrocket.

The industry justifies these hikes, citing increased severe weather and inflation.

Michael Atkin says while some consumers have had success challenging their insurers through the Australian Financial Complaints Authority, many others have not been as fortunate.

Featured:

Michael Atkin, national consumer affairs reporter

Key Topics:

  • Insurance premium hikes
  • Australian Financial Complaints Authority (AFCA)
  • Natural disasters and insurance
  • Inflation and building costs
  continue reading

252 episódios

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