holdens own car insurance

[vicarious]

as the title suggests, has any one here got it and is it any good. I have been quoted $622 for my VE SV6 ute when i get it. Apparently is goes through allianz insurance but i have done an allianz online quote and it came to around $700, and aami was close to $1000. Holdens own insurance also has a 3 years new for old replacement if the car is ever written off, and they use genuine parts and my excess is $300

So should i use the holdens own insurance?

[vecommo]

From what you have stated it sounds like a pretty good deal. I would go for it. Just read the fine print first incase there is a catch.
3 years new for old replacement sounds pretty good, most other companies only offer 12 months. How good would it be if somebody ran up your backside when the car is 2 years and 11 months old!

[RyanIAm]

At that price why not?! Sounds like an awesome deal.

[BLACKWAGON]

sounds good mate, my cousin was quoted thru ford for a 2002 xr8 ute, perfect driving record and 30yrs old---over 1200 more than gio and racv.

[vicarious]

yeah i reckon i will go for it, went to the cop shop the other day while handing in some outdated boat flares while i was there i checked the year when i reported being in a small car accident and that was back in 2001, so that is outside the 5 year good drive record:woot: so this would of reduced the yearly premium

[clubbie]

Vicarious a word of warning. Check who the actual holder of the insurance is. For example HSV insurance used to be Swann.

Secondly check what you are covered for. 3 Years new replacement might be fine if it is written off but I think you will find Allianz might cut corners with choice of repairer (theirs = cheap...yours choice = best possible).

If you get the choice of repairer and new genuine parts...then thats a top deal.

Cheers

Clubbie

BTW Think outside the square and ring a broker like Guardian Insurance - they will give you the low down on each insurance policy as they sell them all and it's free.

[Wonky]

With an SV6 you're possibly not looking at modding it which would be one reason I would never go with Holden insurance irrespective of how good it was in other respects! AAMI know all my mods which is what I want so I don't get any nasty surprises should I have to make a claim. Likewise I'm sure my local dealer is aware of most/all my mods (they're pretty obvious to anyone who knows their Holdens!) but they seem to be OK with bolt ons.

If I insured with Holden I'd again want to have all my mods noted on my policy but I'm thinking there's a fair chance that info may end up back with Holden HQ and possibly bye-bye some potential warranty claims....... :( Not worth risking for modded cars IMHO......

[05 VZ SS]

Ask Holden for a copy of the PDS, and read it cover to cover..That should answer all questions you have.. I know what your thinking, the PDS is boring to read, but it might just well save your bacon!!

[vicarious]

Vicarious a word of warning. Check who the actual holder of the insurance is. For example HSV insurance used to be Swann.

Secondly check what you are covered for. 3 Years new replacement might be fine if it is written off but I think you will find Allianz might cut corners with choice of repairer (theirs = cheap...yours choice = best possible).

If you get the choice of repairer and new genuine parts...then thats a top deal.

Cheers

Clubbie

BTW Think outside the square and ring a broker like Guardian Insurance - they will give you the low down on each insurance policy as they sell them all and it's free.


looking at the brochure, i can take the car to any repairer i want which is good i like my repair shops to be nice and tidy.

And wonky my family have been with aami for a long time with there cars and also with my previous cars, they dont alow you to take you car to your repairer. When my dad had an accident he had to take it to some backyarder repair shop miles away.

Also i just dont think aami are competitive enough, just seems people are paying for their offshoot justcars insurance.

Also wonky, i probably won't be modding the car straight away yet(when i get it this week)

[Tyre biter]

I gave 'Holden Insurance' a call the other day after receiving their mail-out inviting me to enquire about their product. I too was attracted by their new for old policy and their guarantee to use only genuine parts.

When I called, they didn't have a clue about the mail-out, nor my 'personal' invitation to call, what 's more, they didn't even know what a VE SSV was! Turns out I was talking with a young fella direct at Allianz (who obviously played with Barbie's as opposed to Matchbox as a lad). Their premium was several hundred more than NRMA and Shannons, and they had a disgraceful agreed value.

I also enquired with them and NRMA about this 'new for old' policy. I put it to both that their risk is higher than the agreed value and I asked why can't the car's agreed value be equal to the replacement cost they face? Turns out the common theme is;

a) In the event of a total loss, 'we' can go down either road - it's up to their Claims Dept. as to which one you get, and

b) If your EXACT model is no longer available, you will default to the agreed value route. This means if a Series II is launched, you get a (lesser) pay out...

In turn I wrote to Holden to clear up some of my misgivings, and in response I got their usual crap, basically disowning any responsibility/link with Holden Insurance. IMO Holden's PR is the worst anywhere, and I reckon even Edi Amin would have issued better customer service. They (Holden) do not give a toss and their dismissive responses to anything very much depict this. It seems PR would be a really great job at Holden if it weren't for those pesky customers...

Sorry - back to topic. In any case, went with Shannons (fantastic agreed value) and the lads are happy with mods it seems. Like most things in life, if it seems too good to be true, it usually is, and I came away very dubious of the 'Holden Insurance' product. If I could, I suggest you dog a little deeper to satisfy yourself and good luck.

Cheers

[VYSSBlack]

as the title suggests, has any one here got it and is it any good. I have been quoted $622 for my VE SV6 ute when i get it. Apparently is goes through allianz insurance but i have done an allianz online quote and it came to around $700, and aami was close to $1000. Holdens own insurance also has a 3 years new for old replacement if the car is ever written off, and they use genuine parts and my excess is $300

So should i use the holdens own insurance?

Get a quote online with RAA. I found them to be excelent to deal with. They are fast and you can take the car where you want to. They are also reasonably priced.

[whitels1ss]

Get a quote online with RAA. I found them to be excelent to deal with. They are fast and you can take the car where you want to. They are also reasonably priced.

Yes give them a go, I am with them, just got my renewal for my SS $513.34
You can pay by the month with no extra charge.
I had 2 claims last year,
1st was a windscreen that got a rock hole in it,
2nd was someone ran up my rear at the traffic lights.
No excess either time,
fixed claims very promptly,
no loss of NCB (Rating 1 for life)
Cheers

[Wonky]

And wonky my family have been with aami for a long time with there cars and also with my previous cars, they dont alow you to take you car to your repairer. When my dad had an accident he had to take it to some backyarder repair shop miles away.

Also i just dont think aami are competitive enough, just seems people are paying for their offshoot justcars insurance.
Yes, I understand where you are coming from and that is my one concern with AAMI. However, I'm hoping if ever I did have to make a claim I could get it fixed where I had my rear bar resprayed which is an AAMI preferred repairer and also the place my dealer sends cars to when they need repairs. The owner has a VE GTS and appreciates such cars and is a nice guy to boot. I know the fact they are an AAMI recommended repairer doesn't mean they'd get the job but I feel confident I could work something out with him so he did. (Wishful thinking perhaps......... :confused:)

I have checked my insurance price with AAMI against other insurers a number of times and they are significantly cheaper than most and about the same as the best price I got, so no complaints from that point of view.

[Mondayitus]

as the title suggests, has any one here got it and is it any good. I have been quoted $622 for my VE SV6 ute when i get it. Apparently is goes through allianz insurance but i have done an allianz online quote and it came to around $700, and aami was close to $1000. Holdens own insurance also has a 3 years new for old replacement if the car is ever written off, and they use genuine parts and my excess is $300

So should i use the holdens own insurance?

I had no choice in insurance, I rang around for quotes... NRMA $4200 +1600 excess, JustCar $3689 + $850 excess, suncorp was the same as NRMA... This is so high because of my age, when they checked out where I lived they saw that given my age - license class asside - It IS ilegal for me to drive a V8 (or a vehicle with more then 200kw) in queensland under the age of 25. Because I cant get it insured... (its illegal to drive without insurance)

holden offered insurance for $990, not sure of the excess... and they did it and i htought that was an awesome deal and i did need it before i could drive the car off the yard so i took it...

[atomic1]

shop around mate i got my ute insured for agreed value of 52500 with aami they offer me new for old within the first 12 months and only use genuine parts choice of repairer the cost me just over 700 for 12 months

[planetdavo]

I find it interesting how quite a few people "value" the option of having a choice of repairer, but the truth is that most people would have really no idea of whether one shop is that much better than another, no matter how clean, modern and bright the shop may appear to be. Might be the most modern, clean shop around, but has the industry's worst colour matcher as their lead painter!
Personally, I find the quality of the parts the insurer allows to be fitted and the conditions of the lifetime warranty of greater importance. An insurer that gives you choice of repairer but then demands that shop fit second hand non ADR approved lamps or ex import, non galvanised panels for example, that are likely to rust quickly in Australia is more of a worry...

[Wonky]

Very true davo, most of the general public would have NFI on comparative quality of repairers and at best would only know that some friend or relative had a car fixed at such and such a place and it "looked good", unfortunately without having any real idea of the quality of work behind the shiny new paint.

[vicarious]

I find it interesting how quite a few people "value" the option of having a choice of repairer, but the truth is that most people would have really no idea of whether one shop is that much better than another, no matter how clean, modern and bright the shop may appear to be. Might be the most modern, clean shop around, but has the industry's worst colour matcher as their lead painter!
Personally, I find the quality of the parts the insurer allows to be fitted and the conditions of the lifetime warranty of greater importance. An insurer that gives you choice of repairer but then demands that shop fit second hand non ADR approved lamps or ex import, non galvanised panels for example, that are likely to rust quickly in Australia is more of a worry...


Thats true, as having friends in the crash repair industry i have heard some stories of what can go on in the industry. As i said earlier with the holden insurance is that they only use genuine parts in repairs and they they are guaranteeing the workmanship of the repairs.

[andrew77]

shop around mate i got my ute insured for agreed value of 52500 with aami they offer me new for old within the first 12 months and only use genuine parts choice of repairer the cost me just over 700 for 12 months

yeah go with aami mate best i could find as well!$533 per year

[uteme]

as the title suggests, has any one here got it and is it any good. I have been quoted $622 for my VE SV6 ute when i get it. Apparently is goes through allianz insurance but i have done an allianz online quote and it came to around $700, and aami was close to $1000. Holdens own insurance also has a 3 years new for old replacement if the car is ever written off, and they use genuine parts and my excess is $300

So should i use the holdens own insurance?


FINE PRINT! From my research the new for old only applies if the model is still available and if not they will pay out their value for the vehicle. Having said that they do not have to give new for old, it is assest by the insurance company and you have no say.

[vicarious]

yeah go with aami mate best i could find as well!$533 per year

how do you get it cheap, i was quoted just under $1000 for the sv6 and yours a v8 and more expensive, i am 31 and have a good driving record. I am unsure how they come up with such a different yearly premiums. Oh yeah and i did a shannons online quote and that was $1200

[HEXEM]

Just been looking at some of the figures quoted here on annual premiums.

The question from vicarious regarding why its cheaper has many factors.

1. Age
2. Driving experiance (How many years you have had a licence)
3. Number of at fault claim
4. Suspensions (Licence)
5. Vehicle under finance (Bank loan etc)
6. No Claim Bonus
7. Multi Policies etc
8. Theaft Rate (How attractive the vehicle is and how many stollen in your state).
9. This is the big one: Your Post Code - (Where you live)

There are many others such as the day you enquire compaired to 1 week later it could be cheaper or dearer.. the age of the vehicle etc etc...

Ensurance companies pretty much write their own ticket as to what it will cost you.. For my SSV sedan it costs me $890 a year, I am 40, perfect record, maximum no claim bonus for life, No finance (paid for it outright) vehicle is garaged at home with full home alarm system in garage and is garaged at work in our departments secure carpark monitored by CCTV and security patrols..

Cann't realy get much safer other than sitting in all day!! hehe..

I went from NRMA back to AAMI for the new one as NRMA wanted $1,123 to ensure it. My VTII SS cost me that with NRMA and the value was less than half... At least with AAMI if the unfortunate should happen my sister in-law owns a panel/spray shop here and are AAMI prefered so all is good..

Oh and one more thing AAMI insures the car for the value you want (an agreed value), the depreciation each policy renewal only varies by a few thousand dollars. With Alliance the Agreed value is generally set, if you want to go higher you have to indicate what extras you have that makes the vehicle worth more. After the first 12 months and you get your renewal the value will drop to the Market value... I receintly had this discussion with their customer service centre.

In addition too, the other big thing to consider is what is their percentage rate of claims paid out?.. Some insurers charge you less by not paying out on genuine claims..

This has been my experiance with car insurers over 22 years... Cheers for now....

Phil

[clubbie]

I find it interesting how quite a few people "value" the option of having a choice of repairer, but the truth is that most people would have really no idea of whether one shop is that much better than another, no matter how clean, modern and bright the shop may appear to be. Might be the most modern, clean shop around, but has the industry's worst colour matcher as their lead painter!
Personally, I find the quality of the parts the insurer allows to be fitted and the conditions of the lifetime warranty of greater importance. An insurer that gives you choice of repairer but then demands that shop fit second hand non ADR approved lamps or ex import, non galvanised panels for example, that are likely to rust quickly in Australia is more of a worry...

Can't agree one bit Davo. These "few" people have some real life experiences with insurance companies like APIA (AAMI) whom shovel you of to their repairer of choice whom is the cheapest quote. I look at my dads WH stato that was repaired about 4 years ago (it's owned by another family member now) and the paint is absolutely crap (bubbled)....not matched either.
Where as my wifes car was handled through a repairer known for his work on rather more expensive vehicles (he is a perfectionist) and three years down the track you can not pick the damaged area.

Given a choice I know whom I would rather take my vehicle to:):)

Clubbie

[seldo]

as the title suggests, has any one here got it and is it any good. I have been quoted $622 for my VE SV6 ute when i get it. Apparently is goes through allianz insurance but i have done an allianz online quote and it came to around $700, and aami was close to $1000. Holdens own insurance also has a 3 years new for old replacement if the car is ever written off, and they use genuine parts and my excess is $300

So should i use the holdens own insurance?
I have a friend whose 6 month-old HiLux diesel d/cab was stolen recently from the Crown Casino and Allianze are being a real prick about it. There's absolutely nothing suss about the claim but they want copies of his phone records, bank-statements, recipts for CDs in the car, won't pay for other personal posessions in the car or partner's lap-top, and generally being very difficult. They decided they wanted all this stuff on the last day of the rental car use period, and they saying they won't honour the "new-replacent" offer either. Very dogy mob.

[Super Snake]

Im with AMMI and have agreed to a $2000 excess on claims. My premium is less and you save over the years. As long as Im not in fault it is a good saver in dollars over the years.

[planetdavo]

Can't agree one bit Davo. These "few" people have some real life experiences with insurance companies like APIA (AAMI) whom shovel you of to their repairer of choice whom is the cheapest quote. I look at my dads WH stato that was repaired about 4 years ago (it's owned by another family member now) and the paint is absolutely crap (bubbled)....not matched either.
Where as my wifes car was handled through a repairer known for his work on rather more expensive vehicles (he is a perfectionist) and three years down the track you can not pick the damaged area.

Given a choice I know whom I would rather take my vehicle to:):)

Clubbie
That's fair enough. This subject is emotive, and nearly everyone on here will have an opinion.
What I can tell you all though, is that working within the parts industry, I often get to see the "other side" of some highly recommended shops, and of some not so highly recommended shops.
The reality often does NOT meet the opinions of some.
Remember that even with a "choose your repairer" insurer, the claim STILL has to be approved by the assessor, so any requests for "special attention" toward your baby wont go far my friend....
FYI- People that are insured with AAMI, RACV etc, that have their own networks operating, can still request their car to be repaired at a shop of their choice, subject to assessor approval of the quote. Just as above!
Insurance is ALWAYS about the fine print.

[CATACK]

The best insurance i have seen is E CAR, i have a ve ss and im a rating 1, it cost me 440 a year with a 400 excess... Cant get any better

www.ecarinsurance.com.au

[Super Snake]

The best insurance i have seen is E CAR, i have a ve ss and im a rating 1, it cost me 440 a year with a 400 excess... Cant get any better

www.ecarinsurance.com.au


Tried getting a quote for my Monaro.....declined !
I am a rating 1 driver with no insurance claims in my life since I was 18yrs of age.

Decline: Modifications
Due to underwriting considerations we are unable to offer insurance based on the information provided.
Decline Code: 50

No major mods apart the boot spoiler, tinted windows and lock nuts.

[Wonky]

Tried getting a quote for my Monaro.....declined !
I am a rating 1 driver with no insurance claims in my life since I was 18yrs of age.

Decline: Modifications
Due to underwriting considerations we are unable to offer insurance based on the information provided.
Decline Code: 50

No major mods apart the boot spoiler, tinted windows and lock nuts.

:shock: Bad luck for ablett in that case given he's written various threads on exhaust mods etc. Makes it bloody expensive insurance even at $400 pa if all they're going to do when you make a claim is look at your car and say "You're kidding aren't you? :confused: :nutkick:"

I thought it was too good to be true and even have a window open on http://www.ecarinsurance.com.au/ to try a quote myself when I finish on here, so thanks, you've saved me the trouble! :thumbsup:

I had already downloaded their PDS (Product Disclosure Statement) but apart from one oblique reference it didn't mention modifications that I could find or suggest that cars with them wouldn't be able to be insured.

[Tyre biter]

...so any requests for "special attention" toward your baby wont go far my friend

No argument PD but I have been 'looked after' in the past by my preferred repairer. Simply a friend owns a terrific smash repairer in Belconnen (Canberra) and after I bent my VT some years ago it went to him for a sleep-over.

In any case, there were extremely minor issues with the rear end and my friend passed on to the assessor that I was somewhat fastidious towards my Commodores. The result was a meeting with the assessor who told me that because I was somewhat of an enthusiast, he'd approve an entire new rear suspension subframe assembly and later when things still were a mm or so out, chucked in a castor adjustment kit.

Anyways, one should remember that whilst many folk don't know or appreciate what goes on inside some repairers (and I agree that many do not), but it is perhaps it is more the convienience of the location they covert when selecting a policy that offers choice of repairer?

Cheers,

[VZSSTT]

NRMA For me based on price alone VZ SS AAMI Quoted $3700, NRMA Is $1200 i am 24 sucks either way tho

[bsbozzy]

NRMA For me based on price alone VZ SS AAMI Quoted $3700, NRMA Is $1200 i am 24 sucks either way tho

99 VT S, i seem to be stuck at 1600-1900 no matter where i go.....

[planetdavo]

No argument PD but I have been 'looked after' in the past by my preferred repairer.

In any case, there were extremely minor issues with the rear end and my friend passed on to the assessor that I was somewhat fastidious towards my Commodores. The result was a meeting with the assessor who told me that because I was somewhat of an enthusiast, he'd approve an entire new rear suspension subframe assembly and later when things still were a mm or so out, chucked in a castor adjustment kit.

Nice to hear a good news story for a change.
I suspect the "generous" assessor was your saviour, and another assessor may not have been so generous, but good news anyway.

[xploit]

My god Holden Insurance..

No thanks there bad enough with warranty.

"Erm, see you were too far over the white line when you got T boned putting the ownus on you.. sorry not covered under warranty.. i mean.. not covered under insurance.. VOID"

haha.

But no seriously, good luck.

[CATACK]

Tried getting a quote for my Monaro.....declined !
I am a rating 1 driver with no insurance claims in my life since I was 18yrs of age.

Decline: Modifications
Due to underwriting considerations we are unable to offer insurance based on the information provided.
Decline Code: 50

No major mods apart the boot spoiler, tinted windows and lock nuts.

I told them everything i have done, which isit that much lol, and i dont have a problem at all....

[WOMBIE]

Getting insurance is a hit and miss affair....always has been and always will be!