HIH Car Insurance Review
Our HIH car insurance review found that the HIH Insurance Group closed in 2001 due to financial problems. The failure of HIH Insurance is a good reason why you should do your research about any car insurance company before getting a policy with them. If you're looking for a car insurance company, use our free tool below and compare hundreds of top-rated insurance companies. Enter your ZIP code below and get started.
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UPDATED: Oct 1, 2020
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- HIH Car Insurance was founded in 1968
- They were the second largest insurance company in Australia
- HIH closed in 2001 due to financial problems
This HIH Car Insurance Review will talk about a company that is no longer in service.
HIH Insurance was started in 1968 and became the second largest insurance company in Australia. It began to have financial problems and collapsed in 2001.
Since HIH Insurance no longer offers insurance policies, if you are looking for car insurance you can enter your zip code above to compare car insurance quotes today!
The HIH Insurance Group was made up of a large number of car insurance companies, and other insurance providers. There were about 240, and eight companies were licensed and incorporated in Australia.
For mailing addresses or phone numbers for the companies, you can go to the HIH website and find the information there.
A Royal Commission was formed to investigate the reasons for the failure of HIH Insurance. Their report was released to the public in April 2003 and they also put a lot of information on its website for the public to see.
A Scheme of Arrangement was put together for eight of the companies to pay their creditors.
The failure of HIH is a good reason why you should do your research about any car insurance company before getting a policy with them.
If you would like to compare car insurance quotes in your area, just enter your zip code below to get started for FREE!