NewsBite

Car-part shortages blow up insurance prices, delays

Liam WalshReporter
EmailLinkedInTwitterFacebook

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

A car-parts shortage and skyrocketing rise in home-building materials prices are helping to lift premium increases above 10 per cent for some insurance policies.

RACQ, which wrote almost a billion dollars in premiums last year, said labour shortages in some pockets were also stretching repair times.

Loading...
Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au
EmailLinkedInTwitterFacebook

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

License article

Read More

Latest In Transport

Fetching latest articles

Most Viewed In Companies

    The Australian Financial Review Magazine

    Van Cleef & Arpels managing director, Oceania, Julie To.

    BOSS Financial Review

    Life & Leisure

    Rich List

    Portelli pictured in 2023. He is reportedly weighing a sale of parts of his business.

    Original URL: https://www.afr.com/companies/transport/car-part-shortages-blow-up-insurance-prices-delays-20211118-p59a76