I had my car insured with the same company when the Canberra fires came through in 2003. In Canberra, a suburb may not have its own postcode and it may be shared with a number of suburbs - my postcode covers 10 suburbs of which about 4 were decimated in the fires and my own suburb lost about 10 houses.
Three months after the fires I got my car insurance renewal which had gone up 60% so I went to the AAMI office, and the guy explained that even though there were no car losses in my actual suburb, because hundreds of cars had been lost in my postcode that is why the premium went up. Hmmm Ok.
I then asked him, that in the next year when there will be few claims, I can expect my following year's premium to go back down - with a real nasty smirk across his face, he said "dont be silly - once up the premiums go up they never come back down" - and he was right - the following years premium stayed up even though there were few claims in the post code.
Garry
REMLR 243
2007 Range Rover Sport TDV6
1977 FC 101
1976 Jaguar XJ12C
1973 Haflinger AP700
1971 Jaguar V12 E-Type Series 3 Roadster
1957 Series 1 88"
1957 Series 1 88" Station Wagon
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