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  • Member
  • Member For: 19y 6m 11d

Hi chaps

I was saying in another thread here I unfortunately had a low speed bump today and flattended the nose of the hood. This is the first at-fault I've ever had. Forunately minor and double as fortunate that I bumped the other car's rear mounted spare tyre (4WD) - so no damage whatsoever for them.

My insurer - GIO (Syd) gives me a protected no claim for life.

A friend said that the insurer may put my premium up. Is that right? Any experiences here?

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  • Member
  • Member For: 20y 2m 27d
  • Location: gold coast

Insurance companys can and will do whatever they like to your policy to make it suit them better.

I recently had my jetski stolen it was attached to my ute (padlocked chain) they wont pay me coz they believe I didnt have it sufficently secured, whatelse are you ment to do :censored:

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  • Member
  • Member For: 19y 6m 11d
Insurance companys can and will do whatever they like to your policy to make it suit them better.

I recently had my jetski stolen it was attached to my ute (padlocked chain) they wont pay me coz they believe I didnt have it sufficently secured, whatelse are you ment to do  :gooff:

<{POST_SNAPBACK}>

The didn't pay whatsoever? Bloody marvelous. Yeah I see what you mean. A law unto themselves.

Well it could be worse. I could be insured with NRMA. Then they would take a pic of the damage, send it to the repairer. He could quote from the photo and then fix the photo with photoshop!

Oh. And the damage to my bonnet? It's a crease. Not unlike that in your avatar. :censored:

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  • Member
  • Member For: 21y 9m 3d
  • Location: Melbourne

I have been told that this can happen. They put a levy of $x dollars to your premium for x years even though your rating stays the same. The other thing I have heard of is they increase your excess for x years and sometimes both.

I have not experienced these first hand this is just what I have been told by friends and family who have had these experiences

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  • The 'nice guy'
  • Donating Members
  • Member For: 19y 9m 18d
  • Gender: Male
  • Location: Sydney (Area around Ryde)
Insurance companys can and will do whatever they like to your policy to make it suit them better.

I recently had my jetski stolen it was attached to my ute (padlocked chain) they wont pay me coz they believe I didnt have it sufficently secured, whatelse are you ment to do  :gooff:

Name them!

Let's not let their 'we luve youse all' advertsing BS fool us. :laughing:

Personaly, in this case I agree. The least you should have done is have several security guards with automatic weapons and RPG's watching the jetski 24/7. Really. :laughing:

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  • The Best Member
  • Donating Members
  • Member For: 22y 11d
  • Gender: Male
  • Location: Adelaide
Hi chaps

I was saying in another thread here I unfortunately had a low speed bump today and flattended the nose of the hood.  This is the first at-fault I've ever had.  Forunately minor and double as fortunate that I bumped the other car's rear mounted spare tyre (4WD) - so no damage whatsoever for them.

My insurer - GIO (Syd) gives me a protected no claim for life.

A friend said that the insurer may put my premium up.  Is that right?  Any experiences here?

You can be guaranteed that they will increase your premium. The no claim bonus is just a discount applied after the premium is calculated.
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