The Australian Automobile Association has published its annual report and it has revealed some surprises.
One of the biggest ones is that of the number of auto insurance claims lodged.
The association says it has heard from consumers who have not received any coverage from their car insurance provider.
“It’s really concerning for us,” the association’s managing director Peter Rolf said.
“There are some consumers that have not been insured in a while, and they’ve received their first claim from their insurer.”
Mr Rolf says some consumers have been waiting years for coverage, while others are just not paying the full amount.
“The issue is that many consumers are not aware of what their coverage is and that means there’s a mismatch between the amount of coverage they’ve got versus the amount they’re actually entitled to,” he said.
He says it’s likely that some people who are not covered are also getting an inflated premium for their car.
“We’ve heard from people that say, ‘Oh my gosh, I’ve got no car insurance, I have to pay £50 a year.'”
He says he’s hearing from people who were insured when they had car accidents, but when their vehicle broke down and the insurer did not renew their coverage, they are still owed money.
“That’s a really serious situation, we know there’s been quite a bit of confusion in the marketplace and that’s what this report is about.”
He says consumers are in a bit the predicament of trying to work out how much coverage they really need, but there is no way to tell what they should do next.
“What we’ve been hearing from consumers is they’re not aware that they are entitled to coverage,” he explained.
“In some cases it’s just not being covered at all.”
What’s the difference between car insurance and a life insurance policy?
A car insurance policy is a type of life insurance which pays out when the owner of a vehicle dies.
If you own a car, you have an interest in the vehicle that you drive, and that interest can be earned by a policyholder.
A car policy is paid in instalments and it’s also known as a car loan, car insurance or car insurance loan.
There are various types of car insurance policies, and it can be a life, accident or property policy.
A life insurance is a life policy, but it’s usually paid in the form of a loan.
A car loan is a loan which pays for the cost of the vehicle.
You can buy car insurance on your own, or if you’re a member of a company, you can apply to buy car loan insurance.
In most cases, a car insurance plan is not for a lifetime.
But it’s worth paying attention to what type of car you’re buying, and what kind of insurance it offers.
Auto insurance policies will cover you if the vehicle you’re driving is damaged or stolen, or you have any other type of damage.
For example, if you have a broken windshield or broken airbags, or are driving a vehicle with a faulty suspension, or any other kind of damage to the vehicle, your insurance policy could be suspended.
It’s also worth checking your policy to see if you need additional insurance for these types of incidents.
Insurance companies will also take any other damage into account when determining what to pay.
What is car insurance?
Auto insurance is also known in the UK as life, car or property insurance, and is a policy that provides cover for a vehicle owner’s insurance.
Some insurers offer a life and property policy, while other companies cover a combination of insurance types.
Your car insurance is based on a number of factors, such as: how badly the vehicle is damaged, and how long you’ve owned itThe cost of your car insurance will also be determined by how badly you have damaged it and how much you owe.
If you’re looking for more information on how to choose the right car insurance insurance, you may want to visit our car insurance guide.
Topics:insurance,business-economics-and-finance,business,car-insurance-and_insurance_policy,australia,united-states
