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Relief on the horizon? S&P Global forecasts slower rise in insurance premiums for Aussies
Great news for Australians managing their budgets, as S&P Global predicts a slowdown in the rise of insurance premiums.
Read MoreGreat news for Australians managing their budgets, as S&P Global predicts a slowdown in the rise of insurance premiums.
Read MoreWhen designing insurance for specific age demographics - like P platers or seniors - many car insurance companies seem to take a pretty generic approach: take a standard policy, tweak a few features around the edges, and rebadge it as a brand new targeted product.
Read MoreIt’s exciting times for Australian EV owners as KOBA officially launches its dedicated EV car insurance policy. The insurance marks a significant milestone for the EV community, and while it’s only available for Tesla’s now, it’s set to expand to other models soon.
Read MoreIn an effort to reduce emissions and fuel consumption, Australia is set to introduce the New Vehicle Efficiency Standard (NVES) from 1 January 2025. This move aims to lower the nation’s carbon footprint and make driving more cost-effective by ensuring that the mix of new vehicles sold in Australia meets specific, increasingly stringent CO2 emissions targets.
Read MoreEaster is the perfect time to hit those Aussie roads. It’s that sweet spot where the temperature cools, but summer hasn't quite left, giving you a bit more daylight before the clocks roll back.
Read MoreDespite rising expenses and a cost of living crisis, many Australian drivers surprisingly think it will cost them nearly 28% less to run their cars in 2023 than it did the year prior.
Read MoreJust as we predicted, March 2024 is big news for EV owners in Australia, with KOBA set to launch the country's first dedicated EV insurance policy next month. This is a game-changer, because it means that EV owners will no longer be shoehorned into car insurance policies that weren’t necessarily designed with their specific needs in mind.
Read MoreIn a recent adjustment that underscores the ongoing cost-of-living challenges, the Australian fuel excise has increased, pushing petrol prices higher once again. This change is part of the government's routine practice of adjusting the excise in line with the Consumer Price Index (CPI), a review that occurs biannually.
Read MoreCar insurance, an industry often seen as stable and predictable, is experiencing a quiet revolution with the emergence of 'pay as you drive' (PAYD) policies. A form of usage-Based Insurance (UBI), PAYD suggests a straightforward concept: your insurance costs align directly with your actual driving distance.
Read More2024 is shaping up to be a fascinating year for car insurance, with different players using different strategies to capture the attention of drivers across Australia. What strategy will win out?
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