Joint submission: Options to reform the sale of add-on insurance and warranties in car yards

Our organisations strongly support ASIC’s proposal to mandate a delayed sales model for add-on insurance and warranties sold through car yards, and to improve supervision of these sales.

We have held long-standing concerns about the sale of add-on insurance and warranties in car yards evidenced through multiple ASIC reports as well as our own casework and Consumer Action’s DemandARefund.com website. We strongly believe reform is long overdue and that many of the proposals have a real potential to address the most prevalent problems if implemented.

Read the full submission here [PDF]

171023_ASICCP294Add-On_JointConsumerSub_FINAL
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