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Car insurers put on notice as premiums soar faster than inflation | ABC NEWS


Drivers are being urged to shop around as ASIC puts car insurance companies on notice after it found motor vehicle insurance premiums have increased by 8 per cent in the year to July 2025. Business reporter Emilia Terzon says car insurance companies have blamed severe weather events, cost of vehicle parts, and taxes for the spike in premiums.

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Read more here: https://www.abc.net.au/news/2026-08-10/car-insurers-warned-rising-premiums-corporate-regulator-asic/107008124

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