Yesterday I spent quite a bit of time playing the “Online Quote” game for car insurance – and I was a bit shocked as to the variation between the various companies.
Q: Does anyone have any intell on how these systems work?
Firstly I thought I would utilise one of those “comparison” websites that advertises on TV – but it wouldn’t even accept 2014 as a model year (oh well – move onto the individual quote game).
I sought quotes from 9 companies and I fed in the exact same details into every system (drivers, history, garaging, use, etc). Interestingly there must be an alignment between some of the companies – as their systems were identical (just with a different logo and colour scheme).
My quotes ranged from $514pa, $604, $733, $770, $819, $841, $1006, $1,222 to my personal favourite: $1,337pa – all for similar Excess rates.
Now I am not trying to “name-and-shame” companies – but my curiosity wants to know how the back-end systems can be that different in their workings…
I would love any info from ‘people in the know’.
If you’re looking for more information on fixing your car, you might like to read our articles on the best panel beaters & smash repairers and the best windscreen repair and replacement services in Canberra.