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Contents insurance up 33% for us. Is this common? (self.newzealand)

submitted 11 months ago by sylverstream to c/newzealand

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We've got contents insurance with AA and from next year we'll be paying 33% more. We have had 2 claims for a different policy this year, one at fault, one not, and they said it wouldn't impact our premiums. Is this common for everyone? I understand it goes up because of all the floods, but 33% is very significant.

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[–] sylverstream 2 points 11 months ago

Yeah the excess would be fine with us as well. My experience with smaller claims is that it's quick and easy, had 2 claims <$3k and they were approved quickly.

The current damage to our car is roughly $20k so that's a different story.