A cost comparison across 13 different car insurance providers has highlighted that only one, Real Insurance, did not increase their premiums for monthly payments. The independent cost comparison covers three different quotes and shows that, on average, Australian consumers are paying nine percent more by opting for monthly premiums with all other car insurance providers on the market. The cost comparison shows that the increase on premiums if paid monthly can range anywhere from one to 17 percent depending on the insurance provider. Said Real Insurance CEO Clive Mendes:  “With...

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Heed the QLD Government warnings and create an evacuation plan, if unable to evacuate please follow the tips below to stay safe. How to stay safe in a Cyclone per the Queensland SES: • Stay in the strongest room of your house:- Ground level (Only if your home is more than 4 meters above sea level if near coast) This should be a room that has as many walls between you and outside as possible. Small and enclosed room with little furniture and few windows. Tape and lock windows Close shutters and curtains • If you building starts to break apart:- ...

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With so many floods hitting communities around Australia in recent months, it’s good to know what to do if your home is affected.Once the waters recede, the real work begins. No matter how keen you are to get started, the most important thing is to stay safe. Then you can take practical steps to get your home back to normal – and make your insurance claim as easy as possible.Here’s a quick AFTER THE FLOOD checklist: Ventilate your home to avoid mould build-up Check your home for any structural damage before moving back in Watch out for snakes and other anima...

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Unfortunately, due to the severe flooding in your state, a temporary embargo has been put in place on new insurance business. This means we cannot make any changes to current policies or issue any new policies in the state of Queensland.But rest assured, we are still here to offer real help to our Queensland customers, and the embargo is due to be lifted shortly.If you have any questions about your policy and flood cover, please first refer to your relevant PDS, which you can find by clicking here.

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Roger Grobler, Real Insurance chairman, on the Australian insurance industry. Written for the Australian Financial Review, 24 September 2010.Cloudy with a chance of severe change, is an apt description of the forecast for the Australian insurance industry today.  There are four reasons why there is turbulence ahead, and to better understand, one needs to examine the insurance “weather patterns” over the past 10 years.  In 2000, Australians could choose from a number of companies if they wanted to insure their homes and cars. However, as a result of the ratio...

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