'Not a good idea': Economist warns Australians of 'getting out' of insurance
'Not a good idea': Economist warns Australians of 'getting out' of insurance
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@user-pk9fm4zh1g Says:
Buy milk and bread or pay assurance..? Car assurance expensive house assurance very expensive.. I stop paying all my assurance. In 20 years I will save 40.000$…
@mrchuckington6260 Says:
Ok we will stop eating our caviar and lobster to keep our insurance
@johnoneill1011 Says:
The increasing number of Australians living in strata title buildings in major cities can't opt out of building insurance, because owners' corporations will always insure the building, usually via a strata manager.
@johnoneill1011 Says:
Governments encourage home owners to drop building insurance. Witness the bushfire victims where insurers spent years fighting claimants. Meanwhile governments contributed to rebuilding the homes of the uninsured.
@leevan2332 Says:
Yeah my life insurance is out of control thinking we will reduce it or cancel it all together ...Having to think about taking out a personal loan to do one year of life insurance is not viable!
@davidcruse6589 Says:
Yep and government's can't keep out of your pockets All interested rates on homes cars Then insurance on cars and medical which all gone up as well People just dont have the money to pay it My rates went up $400 this term $200 last year and water sewerage all go up as well On top of food fuel electricity clothes while more unemployed almost a million Which is about what he's brought in migration so most havent got jobs but burdens then
@MusiCatsKing Says:
Not only is insurance a waste of money, but is a legalized scam. The fraudsters never pay out anyway. I've never had insurance - never will.
@murrayslee911 Says:
Relevant issue private health insurance almost unaffordable for families.
@rapscallion9333 Says:
Labor= high debt, inflation, spending ,immigration, waste and therefore , pain.
@St.Thomas-er9iu Says:
Common fools on the journey to hell... St.Thomas
@mariociaramellano7509 Says:
Inflation moves the money from the pocket of small people into the coffers of big banks and financial services, what’s not to like to those who make decisions?
@maxrockatanksyOG Says:
We pay $576/ Month under RACQ for home & contents (double story brick on 2.5 acres). I havent been able to understand why it costs so damn much, and many other insurers are much cheaper (suncorp quoted $776/ month). Everything in this country is a damn joke...
@user-zh5ri2fx8t Says:
Rising insurance costs are the least of our worries. The cost of living is going to continue to go higher and higher for many reasons (food, water, energy, petrol, rates, interest rates, etc.). Forget the official inflation rate - it's a fudge. The real inflation rate is much higher. So, what's the answer? The usual one - a reset as a result of a deep recession or depression.
@connorduke4619 Says:
The financial advisor is a Taurus, the zodiac sign best at budgeting,
@connorduke4619 Says:
So how are those Net Zero energy policies working out for you Australia?
@WeveGotBush Says:
They just drain you take take take.
@leonie563 Says:
Be careful no insurance doesnt void the mortgage at the Bank. Get some advice first from Accountants etc. Theres also the Bushfire a nd Flood Maps outthere, so might be worth downsizing to an area where insurance was less.
@BelieveAllMen Says:
Insurance, cocaine, what's the diff'? They both make you feel better.
@ricky6864 Says:
Seems like insurance companies have banded together and all raising their prices and rorting the citizens with albos blessing
@daveo3122 Says:
Pay insurance or eat. I know which way I'd go.

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