REP 492 A market that is failing consumers: The sale of add-on insurance through car dealers

Released 12 September 2016

This report presents ASIC’s findings on the sale of add-on insurance through car dealers. Our findings are based on data collected from seven general insurers who issue add-on insurance products.

Our review suggests that add-on insurance sold through this distribution channel represents poor value for consumers and is designed and sold in a way that may not meet consumers’ needs.

Download the report | Read the media release

Infographic - dealers' commissions vs successful consumer claims

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Asic Addoninsurance Infographic Reduced

 

Last updated: 11/05/2017 09:27