Problems With Insurance

[PJDXR6t]

that's a pretty good price considering your age when I was 19 I had an ss Late model camira and that was 2100 thru racv per yr it eventually comes down now im paying 1100 a yr thru racv for my T and im 24

[2fardown]

I'm 24 and pay $804 a year through Vero Insurance.

[FastR1Red]

I'm 24 and pay $804 a year through Vero Insurance.

Definately for Vero. I pay just $36 a month,,,,,let me say that again,,,, $36/month

for my modded T.

Well it's through work... so I'm pretty happy.

Car's in for a replacement rear bumper this week and I've got a hire car organised by Vero while the cars gettin fixed. It's a commie but at least a bit of Calais luxury.

Pretty good insurer in my books.

[teeg]

lol, I havent told them anything that's happened in the recent months :$

Don't laugh too hard, my mate hadn't mentioned to his insurance company that his wife had a siezure about 5 years ago. Didn't think it was a concern as it is controlled by medication and not considered serious. Afterall insurance companies only quiz you on your driving history and the car involved which in this case was a bog stock crapadore. Earlier in the year, she had gastro which caused her medication to be in effective and she had another siezure at the wheel and put the car into a shop front and collected a few cars on the way, all up over $100000 in damage and the car insurance is now not covering as they discovered the cause of the accident was a siezure and that they didn't disclose it as a pre existing medical condition. Think again when not disclosing modifications to your car, especially if they are obvious ones such as lowering and the like. If they can screw you on things you would expect to have to disclose, just think what they will do on those you know you need to.

[Trough Lolly]

Sadly Tommo as nice a bloke as you are with your credentials many of us are disappointed that you managed to get insurance at all!

The fact you are covered doesn't make me feel any safer at all.

Dingah

and how do you know he hasnt done a defensive driving course?

what if he grew up out bush, paddock bashing since the ripe old age of 6?

be it the fact maybe you couldnt handle a car at 18 yrs old, doesnt mean he cant....

[Trough Lolly]

I am 26 and my insurance is just over $500 including mods

bastard!!

[yw84u]

I pay $1000 for a 03 xr6t and im 22 and with my 21 year old girlfriend on the policy. with jci with an excess of $1200

looking at buying a brand new f6 tornado and got a quote off the net from jci for $2755 a year, rang them the next day and got quoted $1845 also with my girlfriend on the policy as the main driver, as she will be driving it everyday. it was only $100 more a year to have her as the main driver so I thought for that I wont risk it. that is with an excess of $1400 for me and $1450 for her.

how can you get 2 quotes $900 apart from the same company?

and I have a shocking record.

2 claims, 01 & 02,

3 speeding fines, 2 > 15kmh, 1 last year 44kmh over

and driving without undu care and attention in 05.

but I have never had a licance suspention.

there are alot of factors with insurance. one of the main ones is your address and if it is parked on the street or in a garage. when I was living with my parents I had to park on the street but when I bought my own house because it was garaged my insurance droped by $500 a year

Edited 06/06/07 02:40 AM by yw84u

[TOSKA]

Hi Peoples.

Just reading through some of your replies RE Insurance.

If your under 25, make sure you disclose (inform) correctly to the Insurer. If they ask, has the vehicle been modified (and it has) tell them. Price may go up but at least you have told them. Last thing you want is them knocking back a claim because you have not disclosed the correct information.

It is more than likely if you have a serious or large claim amount on your vehicle, the claim will more than likely be investigated speaking generally. This basically means someone will look over the car (assesor who works for the Insurance company). If he sees you have upgraded the turbo, put a CAPA edit in it, sports exhaust etc and have not let the Insurer know, they are able to deny payment of claim due to....wait for it...NON disclosure. With young guys especially.

The XR6T is classed as a high performance vehicle so you will always have to pay more than a standard vehicle as far as Insurance goes.

I think $2,000 isnt a bad price for an 18 year old assuming you have never owned a car previously and have stepped into a $25,000 car. Always look for your excess structures aswell as you will often find age & inexperience excesses. For example (Basic $500 + age (under 25 $600 + (inexperience (held licence less than 2 years $1000). You dont want a basic excess of $2,000 + the extras.

Hope this helps to some degree and I havent scared anyone off.

[AzMahoony]

I think $2,000 isnt a bad price for an 18 year old assuming you have never owned a car previously and have stepped into a $25,000 car. Always look for your excess structures aswell as you will often find age & inexperience excesses. For example (Basic $500 + age (under 25 $600 + (inexperience (held licence less than 2 years $1000). You dont want a basic excess of $2,000 + the extras.

Hope this helps to some degree and I havent scared anyone off.

I pay 2,700 now. lol

New car, and I've told them the mods done to it so far.

soon as I turn 19, in july it drops by 500$

[Iconic Bionic]

Hi Peoples.

Just reading through some of your replies RE Insurance.

If your under 25, make sure you disclose (inform) correctly to the Insurer. If they ask, has the vehicle been modified (and it has) tell them. Price may go up but at least you have told them. Last thing you want is them knocking back a claim because you have not disclosed the correct information.

It is more than likely if you have a serious or large claim amount on your vehicle, the claim will more than likely be investigated speaking generally. This basically means someone will look over the car (assesor who works for the Insurance company). If he sees you have upgraded the turbo, put a CAPA edit in it, sports exhaust etc and have not let the Insurer know, they are able to deny payment of claim due to....wait for it...NON disclosure. With young guys especially.

The XR6T is classed as a high performance vehicle so you will always have to pay more than a standard vehicle as far as Insurance goes.

I think $2,000 isnt a bad price for an 18 year old assuming you have never owned a car previously and have stepped into a $25,000 car. Always look for your excess structures aswell as you will often find age & inexperience excesses. For example (Basic $500 + age (under 25 $600 + (inexperience (held licence less than 2 years $1000). You dont want a basic excess of $2,000 + the extras.

Hope this helps to some degree and I havent scared anyone off.

Thanks for the info and a pretty good first post. Perhaps tell us more about yourself someday.