Insuring properties and vehicles is getting more expensive, with premiums outpacing inflation. (Dave Hunt/AAP PHOTOS)Insuring properties and vehicles is getting more expensive, with premiums outpacing inflation. (Dave Hunt/AAP PHOTOS) Credit: AAPAustralians are paying more for insurance, with premiums growing almost twice as fast as the price of other goods and services, the nation's biggest insurer says. "Insurance inflation is different from CPI (economy-wide inflation), and it's running at a different clip," Suncorp chief executive Steve Johnson said. The total of all the premiums Suncorp charged in the year to June 30 was $15.42 billion, up 2.7 per cent.