The game is up for car yards and insurance companies who’ve been ripping Australians off, according to Consumer Action Law Centre.
Australians sold junk insurance are demanding their money back as ASIC releases a damning report into the atrocious value and shocking sales practices at car yards. The ASIC “A market that is failing consumers: The sale of add-on insurance through car dealers” report says: – Over 3 years, the claims payout ratio was only 9 […]
Australians could be due for over $70m* worth of refunds each year for insurance and warranty products they don’t even know they’ve bought.
AT LEAST $350 million of worthless car loan insurance has been sold to consumers — often without their knowledge — and there’s a push to get the money back.