Car yard insurance sham exposed – how Australians can get money back
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The game is up for car yards and insurance companies who’ve been ripping Australians off, according to Consumer Action Law Centre.
Tag: CCI
Junk insurance victims fight back as ASIC report damns industry
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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 urged to fight back against junk insurance and demand over $70m in refunds: Consumer Action
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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.
“Consumer Action Law Centre want refunds for worthless car loan insurance refunds, gap insurance”
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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.