Quote Originally Posted by Min988 View Post
AAMI just increased my premium for this year! from 780 to 929! I don't even know what for :S, shopping for quotes has all car insurance premiums increased or something?!
The drastic price range might be caused by increase in claims in your general area, overall cost of insurance has risen (i.e. government taxes and stamp duty and rise of cost to do business), increase of claims involving your type of car or your age, recooping cost from major disasters, depending on your age and gender there are fluctuations in pricing index. This is assuming that all else has stayed the same like your garage location, claim history and also licencing history.

Keep inmind that AAMI is apart of suncorp and includes brands like Suncorp and GIO which took a major beatting over the last 6mths with 2 major floods in qld, 1 major flood in northen nsw, bushfires in VIC and a few hale storms in the mix, so this would have a dramatic effect on the insurance industry in general.