How dumb are insurance companies?

Joined: 02 Aug 2003 Location: Croydon, Victoria

I received my car insurance renewal notice from AAMI in the mail recently.

By logging into their web page and taking out a new policy instead of renewing the existing policy I saved $36. All details are exactly the same including the sum insured.

go figure Rolling Eyes

edit - no the disco is not insured with AAMI, it's for my jetta

Joined: 15 Nov 2002 Location: Driving my GU in Melbourne

I think they are factoring on how dumb their clients are as most wouldn't do what you did

Joined: 09 Mar 2004 Location: queensland

typical

rung up foxtel the other day told them to take it away . same sort of thing happened

Joined: 15 Nov 2002 Location: Driving my GU in Melbourne

most places will offer better introductory offers than prices for current members

Posted: Thu Aug 28, 2008 4:01 pm

grimbo wrote:

most places will offer better introductory offers than prices for current members

Funny that... It's how you get more clients. Very Happy

Joined: 14 Jan 2007 Location: Melbourne

Do you think you are being a bit stereotypical to class all insurance companies as "dumb" due to your isolated experience with AAMI?

Joined: 13 Jun 2005 Location: Riverina

T_Diesel wrote:

Do you think you are being a bit stereotypical to class all insurance companies as "dumb" due to your isolated experience with AAMI?

Well, its common knowledge that all insurance companies do 'dumb' things.

But they keep making millions every year. So they aren't really that dumb

Joined: 14 Oct 2005 Location: Around Hornsby

AAMI hey, just wait till you make a claim, then we'll see who the dumb one is (no offence intended just dislike AAMi)

Joined: 17 Sep 2004 Location: Melbourne

T_Diesel wrote:

Do you think you are being a bit stereotypical to class all insurance companies as "dumb" due to your isolated experience with AAMI?

both RACV and just car's have done this to me.

Joined: 27 Nov 2002 Location: Lost in Melbourne.

TRobbo wrote:

I received my car insurance renewal notice from AAMI in the mail recently.

By logging into their web page and taking out a new policy instead of renewing the existing policy I saved $36. All details are exactly the same including the sum insured.

go figure Rolling Eyes

same thing happens every year. i thought it was common knowledge to do this..?

Joined: 19 Jan 2005 Location: townsville

was it worth the $36 for the time wasted to take out a new one?

or is it more a case of i'm just trying to stick it to them? so i can brag about it on the net?

Joined: 13 Jun 2005 Location: Riverina

brad-chevlux wrote:

was it worth the $36 for the time wasted to take out a new one?

or is it more a case of i'm just trying to stick it to them? so i can brag about it on the net?

It takes about 10mins to do your insurance online, if your slow at using a computer. So unless you get paid $216 per hour, and you have to take time off work to fill it in. Then yes, it's worth it.

Joined: 02 Apr 2005 Location: melbourne

I saved just over $200 by doing this with RACV last year, and that was after adding a speeding fine!

Joined: 14 Jan 2007 Location: Melbourne

Banks are better for this sort of thing. The NAB offered me $12,500 at 0.0% for six months when I rang them to close a Visa account. The $12,500 was juggled through another financial institution and ended up back in the NAB earning me interest at 7.5%!

Joined: 02 Aug 2003 Location: Croydon, Victoria

brad-chevlux wrote:

was it worth the $36 for the time wasted to take out a new one?

or is it more a case of i'm just trying to stick it to them? so i can brag about it on the net?

It was more as a matter of curiosity and once I had the quote why not. Besides who doesn't check to make sure they are getting a good deal from their insurer each year?

Joined: 27 Sep 2007 Location: Townsville

How many people do they screw over on write offs? No they aren't the dumb ones...

Joined: 06 Apr 2007 Location: Cambridge Park

At least with AAMI you can talk to a person right away when you call them...

That is worth every cent!