NRMA Insurance Announces Reduced Premiums for New Cars

NRMA Insurance is driving increased competition in the Queensland motor insurance market with reduced premiums for cars less than four years old.

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We've challenged the marketplace in a number of ways in recent years, and will continue to champion competition for Queensland drivers

(PRWEB) November 20, 2009

Car Insurance provider NRMA Insurance is driving increased competition in the Queensland motor insurance market with reduced premiums for cars less than four years old.

Around one in four Queensland drivers* could benefit from a comprehensive car insurance premium price drop of up to 15 per cent for cars manufactured from 2006 to 2009.

NRMA Insurance spokesperson Sue Hawkins said the continued competitive car insurance landscape was good news for consumers.

"We've challenged the marketplace in a number of ways in recent years, and will continue to champion competition for Queensland drivers," she said.

"Every driver's car insurance premium is different, based on a range of factors, including the car itself but the average saving for our customers with new cars is around $100."

NRMA Insurance is also making life easier for new car buyers with an online tool to help find the safest car.

The website recommends cars in each class based on three safety criteria: the latest ANCAP crash tests results; head restraint design; and whether the car has (at least) optional Electronic Stability Control (ESC).

"Our research** shows about one in five Queensland divers puts safety first when shopping for new wheels," Mrs Hawkins said.

"Hopefully this new tool makes it easier for consumers to consider and compare key safety features and make an informed choice about their next new car."

NRMA Insurance also offers these top tips for new car buyers taking out car insurance:

you can save on your premium by opting for a higher excess
bundle with your home insurance to get a multi-policy discount
get an additional discount with NRMA Insurance for cars that are fitted with ESC or are NRMA Insurance recognised fuel-efficient models.

To check the results and find the safest cars in each class, visit NRMA Car Safety. The website will continue to be updated as new cars are released.

For insurance savings, drivers of 2006-2009 model cars should phone 132 132.

*Current Queensland vehicle registrations as recorded by the National Motor Vehicle Theft Reduction Council CARS Database ** Survey of 2100 Australian households carried out by Pure Profile for NRMA Insurance, September 2009

When making decisions about the product you should consider the Product Disclosure Statement available from NRMA Insurance. In some instances the price reduction may be offset by changes to other rating factors such as location and type of vehicle which could mean that some customers will not receive the full reduction. On existing policies, discounts apply from the date of next renewal.

About NRMA Insurance

NRMA Insurance provides car insurance quotes, home insurance, motorcycle insurance, travel insurance and more in Queensland.

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