ASIC report finds car insurance premiums rising significantly above inflation
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Australian Securities and Investments Commission (ASIC)
Australia
August 2026
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COMPAMIR Editorial Team
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Read our editorial policy- Earlier version 18/10/2026, 10:01:05 PM
ASIC review shows car insurance premiums rose 8% in the year to July 2025, following a 42% increase between 2019 and 2024. Insurers are failing to clearly explain the reasons for premium hikes to consumers. ASIC is taking legal action against RACQ for misleading pricing practices.
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