How much do you pay for insurance?

[lukey73]

Same applies with Just Car Insurance - they state will insure any mod AS LONG AS IT'S LEGAL.

If you want to get technical, ALL insurance companies have a clause in their PDS that you vehicle has to be roadworthy. A vehicle with illegal modifications is not roadworthy....

See what i'm getting at?
I work for a big insurer and trust me, all contact for insurance companies is on recorded phone lines, if they state on the recorded phone line that they will cover the modifications, there is nothing they can do come claims time (to get out of the claim).

Me: What about my modifications?
NRMA: Don't need to list them, they just need to be all legal.
Me: Well I purchased the car a few days ago so i've got a RWC, does that mean that you will cover the vehicle with modifications?
NRMA: Yes, that is correct.

Not all phone lines to insurance companies are recorded. You need to be very careful advising of this as it is a very general comment.

When the FOS investigate make a judgement the PDS will be the overriding factor in what is and isnt covered. Also an insurer may not reject a claim for an illegal mod.it would if that mod contributed to the claim, so if you have super low suspension ( that was illegally low ) and it caused your car to bottom out and rip the exhaust off the insurer may decline a claim.

In the same scenario you had a rear ender the insurer would have no grounds to decline your claim due to the low suspension of the car if it did not contribute to the claim.

Guys premiums are great but the cover (PDS ) is what to look for. Check the agreed value is just that, some hide the fact that it is an upto in the PDS and it is up to you to make you sure. No point paying for a car to be insured X$'s when they will only pay you B$'s.

[balis0r]

I pay mine monthly, just coz it was easier for me to keep track even though you pay alittle bit extra for the convenience. It's $310 a month
I'm 21 and my ute is registered in my name and every so you can imagine I get hit with all the excesses/premium and what not being under 25 and owning a VZ SS ute

edit: I'm with AAMI, full comprehensive

[80gus]

$75 a month for a wh Satato v8, 92 Hilux both Modified, both agreed value, and a None Registered LE Monaro (layed up insurance), equals about 900 a year. I'm 30 and had 1 accident and 1 car stolen. Shannons are great.

[OMR346]

In my earlier post, i was with AAMI, at $153 a month, for $27,700 cover. I thought it was $30k, but when i got my new notice, it had gone down.

I rang Shannons earlier today, and changed over to them. $118 a month for $30k agreed value, with every mod listed.

Exhaust (extractors, hi-flo cats, cat back system)
Camshaft
OTRCAI
MAFless tune
Stall convertor
19" mags
Lowered suspension
Personalised plates
3.7:1 KAAZ LSD
Harrop diff cover

And for the misses car... VX Berlina wagon, LS1

Lowered
Mags
Exhaust
OTRCAI
MAFless tune

$72 a month for $12k cover

Defently pays to shop around

[Alister]

No, you're incorrect mate.

You can read FOS judgements on their website. I work for an insurance company and the company denied a claim due to lowered suspension not disclosed by the client. The suspension did not contribute in any way to the accident. The client took it to the FOS who considered that we would not have covered the client if the modified suspension was disclosed and that it was valid to deny the claim on the grounds on non-disclosure.


Not all phone lines to insurance companies are recorded. You need to be very careful advising of this as it is a very general comment.

When the FOS investigate make a judgement the PDS will be the overriding factor in what is and isnt covered. Also an insurer may not reject a claim for an illegal mod.it would if that mod contributed to the claim, so if you have super low suspension ( that was illegally low ) and it caused your car to bottom out and rip the exhaust off the insurer may decline a claim.

In the same scenario you had a rear ender the insurer would have no grounds to decline your claim due to the low suspension of the car if it did not contribute to the claim.

Guys premiums are great but the cover (PDS ) is what to look for. Check the agreed value is just that, some hide the fact that it is an upto in the PDS and it is up to you to make you sure. No point paying for a car to be insured X$'s when they will only pay you B$'s.

[aus_07]

22
VX SS
Never had a claim
Just Car Insurance
$1045

[Dan_LS1]

30
Shannons
VY2 Berlina usual bolt-on's, binnacles, never had a claim clean driving record $970

[drg86]

23
2007 VE SSV Ute - exhaust, tuned, lowered
No claims, no fines
Full Comp $996 NRMA insured for $36,000
$2400 excess

[Grass]

23, paying $1200 atm for a v6 2002 statesman

just got quoted $2,200 for a supercharged gto this morning. ouch. all with aami.

[hamm]

Go with NRMA, you can rasie your excess; in return lowers your yearly premium, really worth considering if your getting hammer with a huge insurance bill

[wikky]

Go with NRMA, you can rasie your excess; in return lowers your yearly premium, really worth considering if your getting hammer with a huge insurance bill

You can do this with nearly all insurers.

[ForbiddenSV300]

25
2003 VY SV8
$921 Full comp w/ rating 1 protection (1 at fault claim allowed per year)
Clean history
Just Car
$1400 excess

[nomad-kr]

Age - 25
Car - VT II Calais (modified)
Company / Cost - Shannons, $800 full comp (rating 1)

[fathershags]

Looks like i got a great deal, 24, Modified VY Calais V8 220rwkw, $550 a year comp.

Justcarinsurance, went with the big excess / low premium option, Never had an at fault accident so far so i'm up quite a few $$k already

[vtcal8]

+1,i must have spoken to the same person you did!

[Carrots]

Adelaide location:
CGU - 2006 VE Calais V6 M/Value $850 $300 excess
CGU - 2001 VU SS Fifty ($25k) $900 $300 excess
WFI - SL500 (AMG tweaked) M/V $900 $1000 excess
Assetinsure Underwriters - 2010 Porsche 911 CS - Agreed value - $1260 $1000 excess (no under 25s)

[myvyssute]

27
just got my renewal.
gio want $2627.85
09 r8 clubsport.
blacktown NSW.
its a bit steep.

[H5VT0NN3R]

Well im 22 drive a blown and cammed VZ Tonner and payed $1600 insurance last time...it would have been worse if I said it gets used for work as well.

[57NIT]

29yrs MY10 GTS for $950

[Chris_L98]

$1260 per year
41yo
MY10 SSV M6 Sportwagon
Insured with Elders for business use & agreed value including mods.

[steve101]

21 years old
2010 model ssv ute manual
22" wheels
$2200 a year with a $500 excess through elders full comp

[MJR-57T]

22 years old
2004 VY SV8 one tonner
$1450 pa
Just Car Insurance

Thats down from $2370 a year with GIO custom cars which folded at the beginning of the year

[GEN4LS2]

21 years old
08 SS UTE
$1500 full comp
Just Car

last year it was $1980 so im not complaining :D

[quityabitchn]

33
GTS
$900/year rating 1
AAMI

[ls2GTS]

18
VE GTS
$1300 pa
RAC

[voodoo ben]

17 drive a ve sv6 1200 a year

[diggo]

21
E55 AMG/VT Commy
~$4500/$800
GIO

[DTAILA]

31
my10 SSV ute
$1600 pa
Allianz


Insured for any driver. ( business vehicle )

[keith reed]

Sorry about this. 07 ve ss ute. $561 a year with aami. Might have something to do with my age.

[RABSP]

I just changet the VT Calais V8 over to Shannons.

$699.29, mainly because i am teaching my twin boys to drive in her.

Was still $198 cheaper than GIO.

funny my VE Calais-V V8 is only 750 through the leasing company.

I guess SG Fleet have some real pull.

[VYSHSV8]

Age 40

VE SS MY10
VY SV8
VX SS
With all mods listed

Shannons $1600pa $300 excess

[WE OWN 2 GEN 3s]

Renewal for my SS came in the mail today
VX SS series 2
39 and 37yo drivers
AAMI $ 549
And the wifes
VX Berlina LS1
39 and 37yo drivers
AAMI $ 401

[Dijm8]

Age:20
Car: VZ SS
$900, Full Comp
Insurer: Wes farmers

[RABSP]

Sorry I forgot the wifes:

VY II Berlina International LS1 5.7Ltr
$786.75
Budget Direct

No Drivers Under 24, that means our sons cannot learn in the car.

[Surfnturf]

45 YO
2007 HSV VE Senator
AAMI $600 per year Rating 1

Own a 03 Monaro as well $1200 per year ( go figure).

[PEAKIN]

21
VE Clubsport Manual
$900 a year full comp

[VYCLUB]

21
VE Clubsport Manual
$900 a year full comp

What insurance company is this with?

I'm 39 and pay $790 for my SSV Sportwagon.

[matygeenz]

27 $990 aami modified 08 ssv ute

[MyCat-cc]

39 clean history for 10yrs + no at fault claims.
2008 VE SSV, lowered, 20" supersports, towkit, vcm cai + tune, exhaust, uhf cb.
$1250 via Shannons for agreed value $45K ($500 excess).

Dontcha just love Sydney prices, I wish we had the sub $1K Vic prices :bawl:

[STod.]

Male, 21 years old.
Have lost my licence (demerit points).
HSV VZ GTO.
$1400 premium, $3000 excess.
Just Car Insurance.

[nate698]

male ,21.
vy ss harrop charged
informed of all mods
$1050

fully comprehesive .. through shannons

my supercharged 6 was insured for $1525
in my dads name through shannons ....

figure that out

[Beepa]

39yo...never had insurance...drive work trucks mostly..only had 1 'accident'(cant turn right in a multi lane roundabout in qld dumbass)..so to me thats no 'accidents'..$653 full comp. with RACQ...was quoted between 720 to 950 by others...my 1994 cruiser troopy was quoted at 1634 until i woke up and smelled the coffee..now 722...(never had insurance cause all my 4x4's only come out to go off road or on road to get there...vx ss lives on the road and the way it drives has the potential to cause damage...lol)

[belly]

38 yr old, Eastern Suburbs Melbourne.
07 VE Calais V 6L
Shannons at $980 per annum. ALL mods listed, ie: Harrop Blower, Cam, Wheels, Heads, Exhaust, Suspension etc etc
I must admit I was suprised as I was paying this for my Maloo which had a few mods, but wasn't blown, the bloke I bought the VE from told me he never insured it cause he didn't think he could with the blower and other mods, one phone call, and I don't need to worry about where I park it, guard dogs, shotguns etc.. lol

[SSVWagon]

31, Melbourne Eastern Suburbs male, clean licence, 09.5 SSV Sportwagon A6 with no mods (yet), RACV with multi policy discount about $1,100 per year.

Shannons and Just Car quoted around $1,300, and many companies including Youi wouldn't even quote me !

[DanV]

25 Male, Melb
Clean driving history
09 VE Maloo Lowered & Catback
$1800 Just Cars
Shannons quoted $3200 only yesterday

[dimmo]

'04 VZ SS
Informed of all mods,
NRMA
Insured for 25K

$3750.

Informed of loss of license.

[keith reed]

Insured my clubsport yesterday with aami. $777 with windscreen replacement.
Just over $200 dearer than my 2007 ve ss ute. ???

[conchie]

35 Male, Melb burbs
2 reported accidents
10 VE SSV Wagon
$873 AAMI
This was by far the best i found

[RABSP]

mine are in Narre Warren and are garaged.

The area you live in will have an effect too.

[SSideways]

G'day all, 1st post here!...

WOW. Can't believe the diff in SYD vs rest of AUS. What a rip!

Bought on Satdee a brand new VE SSV. Manual. 20's etc.

Did all the usual online quotes, Budget Direct that always have a cheap and nasty offerring won't insure me, and the rest were ranging from $1,900 to $2,600. CRIKEY. And these are all with all the boxes ticked like higher excess, min 30yo drivers, and just market value. :spew:

From reading this thread I just did a AAMI quote and can get it to around $1,356.00 again with very high excess and all that jazz.

Any other help / suggestions? Wifes car, her and I both 31yo with unblemished record max NCB no claims and car is kept driveway or LUG.

[RABSP]

G'day all, 1st post here!...

WOW. Can't believe the diff in SYD vs rest of AUS. What a rip!

Bought on Satdee a brand new VE SSV. Manual. 20's etc.

Did all the usual online quotes, Budget Direct that always have a cheap and nasty offerring won't insure me, and the rest were ranging from $1,900 to $2,600. CRIKEY. And these are all with all the boxes ticked like higher excess, min 30yo drivers, and just market value. :spew:

From reading this thread I just did a AAMI quote and can get it to around $1,356.00 again with very high excess and all that jazz.

Any other help / suggestions? Wifes car, her and I both 31yo with unblemished record max NCB no claims and car is kept driveway or LUG.

Did you call Shannons, they actually rang me back on Friday offering to reduce the premium if i insured another car, i said i would when they cam up.

If you have more then one car to insure, give them a call.

[grandpa spec]

19, Male, QLD
Clean history
03 VY SV8
$1776

[Moderators]

This thread is now closed it has a continuation thread 139656HERE