Thread: Lazy Tax

$382.75 is the value - right?

I have a similar situation.


I have 2 x P38s on the road, one due for rego in June, the other July. Both Green Slips (compulsory 3rd party) are with GIO but the June car is roughly $300 cheaper than the July car.


Do an online quote with GIO, the July car comes down $300.
Looks like I'll be doing a new policy rather than a renewal this year.

Buy it now does always seem a bit steep

Scouse - I've never renewed a policy as I've found my "renewal" to always be the most expensive option. I've even called up to get a discount on renewal for them to say no, but a new policy with same company comes in much cheaper.

Originally Posted by LRDan

I've never renewed a policy as I've found my "renewal" to always be the most expensive option. I've even called up to get a discount on renewal for them to say no, but a new policy with same company comes in much cheaper.

Hmmm - that's really interesting. I might have a look at that myself.

Originally Posted by LRDan

Scouse - I've never renewed a policy as I've found my "renewal" to always be the most expensive option. I've even called up to get a discount on renewal for them to say no, but a new policy with same company comes in much cheaper.

I've always checked & have found the odd $ or 2 difference but never as much as $300 before.

Insurance companies seem to be behind the 8 ball on this one. Years ago before the internet you would have just paid up. Now, some people (myself included) check EVERY insurance renewal on the net and 9 time out of 10 you can save bucks by looking around. Insurance Companies don't seem to realise it is easy to check their quotes nowadays, or they are gambling on most of their customers being lazy and just paying up.

There is no loyalty from insurance companies to their customers and I do not offer them any loyalty in return.

Originally Posted by Scouse

I've always checked & have found the odd $ or 2 difference but never as much as $300 before.

I nearly fell off my chair when I got the renewal notice, to then nearly fall off it again when I rang another mob

Ausfree - Exactly what I do and encourage everyone I know to do the same. I'd prefer to save a few hundred bucks a year to spend an hour doing up a few quotes on the net.

The ABC program 'The Checkout' did a story on the issue some time back and concluded that you get paid to walk. The lazy renewers pay extra.
Just watch out that your'e getting the cover you want.
Don.