[Contempt]

Guys,

Just wondering who you use for insurance?

Bit of background, bought my Z when I was 23 and have had all kinds of trouble getting insurance for it since. Most companies wouldn't touch me because I was under 30. Two years later and I still have the same problems.

I just had a chat with NRMA and looked into some basic mods: sways, cat back, headers, suspension, cold air and unichip. They have said that if I make these mods they won't insure me...

Any suggestions about insurers that take high risk policies? (If you consider someone who has had a maximum no claim bonus for 3 years and never made a claim a high risk)

 

[harryw]

This is not an area I have a great deal of knowledge in, but the only place I could suggest would be Shannon's.

My cars are always done through my business AND i'm an old prick (40)

As always

H

 

[ky350]

I'm like Harry and considered an old fart amongst my colleagues as work, despite still being in my 30's. So I use Allianz for the Z as I am a low risk old fart, but still pay $1900 - that's the priviledge associated with living in Sydney!
You may want to look into getting some insurance brokers to quote you as they deal with just about all insurance agencies.

 

[DJ777]

23 y old, $1780 trough NRMA for mu Stock Touring, but if I put any mods on it, even the air filter, the policy is void.

 

[Nuff]

Try justcar, I'm insured with them now and they seem to be ok with mods, but the excess fee is quiet high at $1100 in my case. But overall it's a better deal then I had with NRMA. Justcar allows me to modify everything, unlike NRMA.

 

[AUS350z]

:banghead: u guyz are very lucky ,i'm 18 yo i paid 4600 for the insurance and excess 1400 with the RACQ.

 

[Contempt]

[/quote]

I don't know if i'd say lucky, I had to pay nearly $3500 the first year with NRMA. That's with a 65% maximum no claim bonus and a clean accident history. I also bought a new XR8 when i was 18 so I know your pain.

You know, if studies found out that people over 50 started to have more accidents as they got older and insurers decided to charge them extra premiums to cover the risk there'd be a huge outcry about descrimination but because we're young it's perfectly socially acceptable to screw us over...

 

[mr350zed]

$1684.64 RACV stock touring and im 27.....just rang em up to inquire about getting an exhaust fitted. no problems except car must be non-turbo and abide by EPA regulations and all that jargain.

cheers :cheers:

mr350zed

 

[Nuff]

In the first year I've paid $3300 with NRMA, that's living in sydney CBD, clean driving record and 65% no claim bonus. Now I'm paying $2200 with just car, but the excess went up. I'm 27 by the way.

 

[nang3]

Im insured through HBF at $1248 per year, insured for $65K... 26 with only one not at fault accident and 2 speeding fines.

They do seem quite reasonable, i got a quote on a 2000 R34 GTR insured for $85K and they only wanted $1586, not bad for an import.

 

[scathing]

I'm going throught the NRMA. They were the only guys that would insure me when I was under 25.

I only started modding my car after I turned 25, and I called them each step of the way to confirm it was OK and had the mods registered with them so it was OK.

So if they're telling you they're not insuring it, call them back later and try again.

Of course, since some of your mods void warranty and the NRMA is very conservative, you might want to reconsider some of them. Voiding warranty means more stuff that insurance has to cover should it fail, since the OEM won't.

 

[ky350]

Originally posted by AUS350z@Mar 8 2005, 02:33 PM
:banghead:  u guyz are very lucky ,i'm 18 yo i paid 4600 for the insurance and excess 1400 with the RACQ.

AUS350z - 18yo, own a 350Z and can afford $4.6K pa for insurance - I'd say you're the lucky one.

 

[ky350]

[/quote]

You make an excellent point here.

However, my guess is that you may find that the age for increased accident rates involving elderly drivers would be > 65yo. That's why you see the sob stories on A Current Affair about the 85yo grandma whose been driving for 60 years and the RTA takes away her licence so she cannot do her shopping any more.
Well when you see how they drive - 30km/h in a 60 zone, give way to other cars that are still 100m away and cannot negotiate a roundabout to save their lives, I for one am glad that their licences are not reissued, simply because they cause accidents.

 

[coatsie]

No doubt that "old timers" lose their edge to the point where they become a danger on the roads, but I think 50 is a fair way off the mark. A couple of really good steerers spring to mind (57 yr old Jim Richards and 60 yr old Peter Brock) and, whilst it could be argued that they are professional drivers, their cognitive aptitude for what's going on around them generally would not be much different to Joe. I believe you get good and bad drivers throughout the age scales (within reason), depending on their interest and concentration levels.

What makes it so difficult for young people when insuring a car is that a few bloody idiots (and we've all seen them in their Commodores etc) write themselves and a few others off at the same time in an horrific accident. The insurers then think "****, what will someone in a sports car do?" and load the premium on suspicion. In essence, they should probably recognise that people who buy such cars are enthusiasts who love driving for what it is and are probably more switched on and aware of what's going on around them. It could be that the likes of Shannons and Vigil, who specialise in enthusiasts' cars, recognise this aspect. I have two cars insured with the latter and the premium is comparatively cheap.

Whilst necessary, does insurance ever seem fair? Possibly when you make a claim and they don't stick hurdles in front of you!!

cheers
coatsie

 

[3FIFTYZ]

Try just cars. I rang them up twice in different weeks and they quoted me differently.
1st time it was $4000 on rating 6 , then 2nd time i rang it was $2600 on rating 3! Its like you can bargin them lol
Mods are ok as long as they are legal.
But the excess is hight. $1500 i think it was.

Thats for a 21 y.o with 3 year perfect driving history.

 

[Kel]

We're with Just Cars for a second year but shopping around - paid nearly 3 grand at renewal

I'm over the 25 hurdle, and have never had a driving infringement or an at fault claim (honest!). Haven't been able to get a better price, even with a max no claim bonus for life.

Use to be with a broker but their price was even more ridiculous.
Think it could be because it's a roadster?

 

[jetpilot718]

OT but, Kel, thats a whole lot of stickers on your roadster! lol

 

[Kel]

[/quote]

LOL True, but they're temporary and only make appearances on special occasions (like Dutton Rally).

I don't *think* the insurance company knows about them :wink:

 

[hazade]

I use Geico, very reasonable rates and good service.

 

[harryw]

Never heard of them?

Perhaps they are a yank company?

As always

H