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Post Info TOPIC: Has anybody had any contact with NM INSURANCE (Australian Caravan Insurance)
Brodie Allen


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Has anybody had any contact with NM INSURANCE (Australian Caravan Insurance)
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Just stumbled across these people looking for alternative to QBE with whom I

have been with van and cars for years - but for no seeming reason van

insurance went from $700-odd to $1800 for $60,000 with 5months lay-up. (!!!!!).

 

They have a specialty division for Jayco vans - I first thought that it might

have been a Jayco sob but awaiting a quote.

 

B



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Rodsvan


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I have no experience with the above company but a word of caution about insurers. For us, the priority when getting insurance, is how the provider performs when a claim is made. It's great to have cheaper insurance, but you don't want to end up fighting for months because the insurance provider unfairly denies your claim or drags the process out. If you have a look on productreview.com.au you can see how insurers rate. It's better to have a read of some of the individual reviews so you can see where customers have actually made a claim (too many are by people who are happy with the price but haven't had to make a claim). The reviews regarding the highest-advertising (on TV) insurer make for interesting reading......

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Are We Lost


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Posts: 1231
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A good point Rodsvan. What I like to check are the statistics on the number of claims actually paid vs denied ...as long as there are at least a hundred or more reviews.

The numbers for caravan insurance are a bit low for confidence in accuracy, but for example with car insurance:

NRMA
Claims approved        234
Claims denied           130

Percentage denied    36%


Australian Seniors
Claims approved       136
Claims denied              7

Percentage denied      5%

The claim resolution time also shows huge differences.

 



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Brodie Allen


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Good stuff Rod and Are we There?

The NRMA "the Motorist's Friend" run the rip-off dearest parks about.


B

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littledick


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Had our 18 month old van insured with NRMA for the past few years including previous vans. Just put it up $350 from last year to $1700 for $80,000.

Now with Allianze, $1439 for $80,000.wink

Dick.



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