From outback adventures to beach-hopping holidays, a road trip is a great way to see some parts of Australia that you might otherwise miss. And what better time to explore the great downunder than the October long weekend?
While the rate at which insurance premiums are rising has slowed a bit, don’t let that fool you—prices are still steep.
Insurance is all about risk. When taking out car insurance, your risk as a customer is assessed based on factors including the kind of car you drive, your driving record, insurance claims history, and a number of statistical demographic details.
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Great news for Australians managing their budgets, as S&P Global predicts a slowdown in the rise of insurance premiums .
It's not just Tesla anymore; with a range of new EV models from brands like Polestar, BYD, BMW, Hyundai, Lexus, and plenty of others hitting the roads, it's clear that the demand for EVs in Australia is growing.
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It’s exciting times for Australian EV owners as KOBA officially launches its dedicated EV car insurance policy. The insurance marks a significant milestone for the EV community, and while it’s only available for Tesla’s now, it’s set to expand to other models soon.
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In an effort to reduce emissions and fuel consumption, Australia is set to introduce the New Vehicle Efficiency Standard (NVES) from 1 January 2025. This move aims to lower the nation’s carbon footprint and make driving more cost-effective by ensuring that the mix of new vehicles sold in Australia meets specific, increasingly stringent CO2 emissions targets.
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2024 is shaping up to be a fascinating year for car insurance, with different players using different strategies to capture the attention of drivers across Australia. What strategy will win out?
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Despite rising expenses and a cost of living crisis, many Australian drivers surprisingly think it will cost them nearly 28% less to run their cars in 2023 than it did the year prior.
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Just as we predicted, March 2024 is big news for EV owners in Australia, with KOBA set to launch the country's first dedicated EV insurance policy next month. This is a game-changer, because it means that EV owners will no longer be shoehorned into car insurance policies that weren’t necessarily designed with their specific needs in mind.