Why many are missing out on Home & Car Insurance savings

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9Saver’s Christopher Zinn said “more and more Australians are wising up to the idea that loyalty doesn’t pay. If your provider isn’t being loyal to you, it’s time to look elsewhere.

“If you haven’t done a sense-check of your premiums there’s a chance you’re paying hundreds more than you should for cover.”

More than a third of Aussies have never switched their home or car insurance despite a new survey revealing the average person who switches insurers saves more than $200p.a.

According to an exclusive new 9Saver survey of more than 500 households:

  • 2 in 5 people have never switched their home insurance, and
  • 1 in 3 people have never switched their car insurance

But the survey also found that:

  • The average home insurance switcher reported saving $240p.a. and
  • The average car insurance switcher reported saving $205p.a.

The findings serve as a timely reminder, with more respondents due to renew their insurance in January than any other month.

9Saver.com.au is a money saving website that pulls together tips and offers mentioned across Nine’s programs and presents them in one place. It’s a destination for Australians who want to save on bills. RevTech Media earns a fee for each customer that takes up a special offer. These fees are shared with Nine.