Kogan, RAC and Honey were the worst offenders, raising rates by more than 30%, while only one brand lowered its quotes
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Consumer advocacy group Choice has done its homework on home and contents insurance, naming the Australian insurers with the most eye-watering price hikes in the past year.
Where the average home insurance premium has gone up by 16% in the last 12 months, Kogan, RAC and Honey’s average prices have risen by more than 30%.
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Continue reading… Kogan, RAC and Honey were the worst offenders, raising rates by more than 30%, while only one brand lowered its quotesGet our breaking news email, free app or daily news podcastConsumer advocacy group Choice has done its homework on home and contents insurance, naming the Australian insurers with the most eye-watering price hikes in the past year.Where the average home insurance premium has gone up by 16% in the last 12 months, Kogan, RAC and Honey’s average prices have risen by more than 30%.Sign up for Guardian Australia’s breaking news email Continue reading… Australia news, Insurance (Australia), Australian lifestyle, Life and style