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this is going to happen allot.

ASIC is capping insurance commissions to crazy low amounts to protect consumers.

this is all at the hands of lobbyists.

 

this will mean competition will go down and prices will go up. idiots.

JCI as far as I know had no relationships with dealerships etc

and they only sold insurance via the direct public = no commission.

what ASIC is doing is the 'add on' insurance commission like what an insurer pays out to a dealer or intermediary for products such as tyre and rim insurance and capping at 20% commission.

 

 

 

Done a search of pretty much all the insurance companies and there is a hand full that will cover the R33 at least. SGIC was one of the better priced ones but after a call to Shannons, they came up trumps. I am really happy on the service that they have provided, offered fantastic coverage, and at a really good price. Needless to say i will be changing to them this week.

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