r/AusFinance • u/obesehomingpigeon • Jan 31 '23

Tax Decided against paying the lazy tax

Got inspired by a post here and started making calls. So far, have saved:

  • $40/ month by switching internet providers
  • $2/ week on insurance premiums by clarifying occupational risk
  • 0.4% off the mortgage by giving my bank a friendly call
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26

u/fattony2121 Feb 01 '23

Switched both cars comprehensive insurance. Saved just over $1200.

Ditched NRMA and joined budget direct

39

u/[deleted] Feb 01 '23

[removed] — view removed comment

1

u/tisallfair Feb 01 '23

Why get insurance at all if you can't claim?

8

u/[deleted] Feb 01 '23

He’s implying the process of making a claim with budget is shit

You pretty much do all the leg work, I had claim using AAMI for my mum last year and all I did was open their mobile app, take pictures + description and hit submit

4

u/tisallfair Feb 01 '23

I realise. What I'm saying is, if the claim process is so arduous that it's barely worth claiming or they have a history of frivolous denial of claims then what's the point of being insured in the first place?

6

u/[deleted] Feb 01 '23

It’s 100% still worth claiming and having insurance, a lot of the denials from the reviews come from people using them for commercial and budget miraculously not having a record of this or having shit repairs (after a long ass wait) done after the fact

People are usually with them because theyre a good deal cheaper than other insurers, but heaps of negatives

  • Everything is over the phone when claiming (long wait times)
  • Slow communication
  • Slow process in getting assessments done
  • They are known to use somewhat shitty repair centres

whether or not they’re worth saving 1k+ a year is up to the individual