Car Insurance Prices Soared Without Explanation | Australia News

Car insurance premiums jumped 8% last year—on top of a 42% surge since 2019—yet insurers aren’t explaining why, leaving customers in the dark. Two-thirds renew without comparing options, but nearly one in three who shop around land a better deal. ASIC says insurers are failing to meet transparency standards, even as they take RACQ to court over misleading pricing. The government is pushing for clearer premium notices, and insurers blame rising repair costs and supply chains—but experts urge listeners to challenge renewals: you might save big. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/db2f582ae42cbeb1