News

Insurance blow-out a shock

Lance Rushby is one of many bemused by the large increase in insurance costs.
Lance Rushby is one of many bemused by the large increase in insurance costs. Rob Wright

WHEN Middle Boambee resident Lance Rushby opened the envelope to read the cost of his house and contents insurance for the next year, he couldn't believe his eyes.

The 82-year-old's premium had risen by $866, or more than 60%.

"I can afford to pay the insurance, so that's not my worry; the point is there's so many people who can't," he said.

"A large percentage of people would be on a pension or are self-funded retirees."

Being a resident in the home he built 30 years ago, Mr Rushby said he's been wondering why the rise in insurance premium is so large.

"Are they money-grabbing or are they in strife?" he asked.

"Financially they should be all right because their share price hasn't changed much in the past five years."

Mr Rushby is a gold card member with the NRMA and despite finding other insurers who offered cheaper quotes, he said he'll stick with his long-term insurer.

"Australia Unity was about $200 cheaper but I will stay with them (NRMA).

"They've been pretty good over a while but a 60% rise is a joke."

Has your insurance premium skyrocketed? Let us know below.

Topics:  insurance nrma premiums



A December drink sees seven drivers land in court

Coffs Clarence police have caught seven motorists over the limit at the weekend.

Seven drivers nabbed over the limit behind the wheel

Four people charged by shooting strike force

NAMBUCCA SHOOTINGS: Police release images relating to Nambucca Heads investigations.

Detectives renew appeal for information on shootings

Moonee named best beach on the mainland

Moonee Beach has been listed at number three on a list of Australia's 101 Best Beaches.

Moonee Beach at number three on list of 101 Best Beaches 2017.

Local Partners

Relief for storm affected farmers

NSW Government's announces it will provide Agriculture Natural Disaster Relief following wild storms in early August.


Man builds playground entirely out of packing tape

Artist Eric Lennartson is in the process of completing his huge tape sculpture at the Ipswich Art Gallery.

VIDEO:And here's where you can play on it.

Countdown to Woodford Folk Festival begins

ECONOMIC BOON: Woodford Folk Festival is celebrating its 30th anniversary this year.  Photo Contributed

The first larger-than-life inhabitants have stepped into Woodfordia

'I need to do what I can': 65km walk for cancer patient

Karlee Robinson is walking from Caloundra to Noosa for her cousin Aaron Parker, who has terminal brain cancer.

What do you do when someone you love has terminal brain cancer?

Hacksaw Ridge wins big in first round of AACTA Awards

Luke Bracey and Andrew Garfield in a scene from the movie Hacksaw Ridge.

THE major awards will be handed out on Wednesday night.

Paris Hilton fumes at clumsy partygoers

A reveller spilt their drink on Paris Hilton's DJ decks

Winnie Harlow isn't a role model

Winnie Harlow insists she isn't a role model.

Felicity Jones proud of Rogue One: A Star Wars Story role

Felicity Jones feels it is "important" for a woman to head Rogue One

Kiwi's plea to Ellen DeGeneres to save bakery after quake

Ellen... we need your magic.

Family had to be helicoptered out after powerful quake

Seacrest: Things are "going better" for Kim and Kanye

Ryan Seacrest says things are "going better now" for Kanye West

Banks reclaim Gladstone homes as job losses bite

LONG FALL: Property experts Heron Todd say, based on key market indicators, Gladstone is still travelling to the bottom of the market, with property prices set to get cheaper.

Property valuers say Gladstone housing market hasn't hit the bottom

The million dollar property to test Mackay's market

This Victoria St building will go to auction Tuesday and investors will be watching closely to see how much it sells for.

'High profile architect designed CBD asset' goes to auction

Chinese locked out of Australian property market

The rules are different if you're a foreigner

The buyer was from China - the trouble started right there

Morrison signs off on new affordable rental model

Australia's Treasurer Scott Morrison speaks during a press conference after a meeting of the Council of Federal Financial Relations at Parliament House in Canberra, Friday, Dec. 2, 2016.

Scott Morrison signed off on development of a new financing model

Elegant coastal living in Corindi

BEACH IN THE BACKYARD: Meander 110m from the back door to the beach.

Elegant coastal living in Corindi

Ready to SELL your property?

Post Your Ad Here!