Car owners should challenge insurers on steep price hikes and ‘call their bluff’, Asic says

Regulator finds many insurers raising premiums faster than inflation and advises customers to ask for better deals Get our breaking news email, free app or daily news podcast Car owners should challenge motor insurers over steep premium hikes, the corporate regulator advises,…

The corporate regulator ASIC has taken aim at major car insurers, finding the companies are not explaining why customers' premiums are rising faster than inflation.