We check our car insurance policy as per the renewal and also being a new customer on their websites. We often find that the policies vary in price compared to the renewal, or the agreed/market valuations are different.
This year we renewed our car insurance as a new customer with the same company rather than automatically renewing the previous policy. It was slightly better for us as a new customer we could achieve a better agreed value with the policy cost being similar. Fortunately their system didn’t recognise the number plate as a existing policy, and allowed a new policy to be taken out. We also got numerous reminders about the old policy expiring, even after we took out the new policy. ‘Looks like the left hand doesn’t communicate with the right hand’.
It is worth doing it for RACQ to see what their policy cost would have been as a new customer - to see if there was any difference. You may need to do this without applying any member discounts (entering your membership number) and this may link it to the old policy. The membership discount should be the same for old and new policies.
