Insurance....merged Topic....

[Glouva1]

That's not cool.

[bossmang]

1. If anyone has any questions about insurance I might be able to help, I work for RACV..... Please no hate mail lol
   

how do I get to chose my own repairer

and

what about mods? whats the best way around this and getting them listed and all the fine print they dont tell us.

[PookeyMaster]

FF, choosing your own repairer can depend on your insurer. For example, I'm with NRMA and they have no problem with you using your own repairer as long as they aren't exorbitant with their quote. If it's reasonable it's all good. Coles don't give you a choice though for example.

As for mods, again it depends on insurer. With NRMA I've queried them and they all have to be legal (obviously, even Just Car has this requirement) but there's no set number to how many you're allowed. Their systems says yes or no depending on who you are (age and driving history) and the particular car. For example, I was told putting a Turbo on an XR6 would be a major mod on their system but upgrading the turbo in an XR6T would be 'a normal' or lower risk mod. The lowest category were things like oil coolers, trans coolers, air box/filter, etc. and they were allowed it's only once you start adding exhausts and intercoolers and stuff that they get picky.

If you want to have mods without worrying about it, just go with Just Car. At least you know they'll approve them all.

[Eezdown]

how do I get to chose my own repairer

and

what about mods? whats the best way around this and getting them listed and all the fine print they dont tell us.

RACV aren't too concerned with mods as long as they're legal, the main concern is the actual financial interest in the vehicle.... You wouldn't be able to insure a vehicle that's worth $25,000 for $50,000...... It's a matter of what you want back. So if you plan on spending $25k on mods there is very little chance you're going to recover all of that if the cars written off. As for the repairer it's always been you're own choice as long as I can remember.

[bossmang]

cheers Eezdown

[tab]

What "legal" modifications are you blokes talking about? As in everything changed has been engineered?

[Buf-Phoon]

All my mods legal or otherwise are detailed on my policy with AAMI. No mention in the fine print of illegalities

Edit. Squirters aren't listed and tune is recorded as "Chipped" apparently they have never heard of "edit" and hence do not have a specific category

[Bellato]

Basically no one would insure me with my 2008 FG XR6T at 20yo. Even tried putting the car in my old mans name and not being listed and no way would they cover.

In the end NRMA was the best option. Abotu $2500 in my name with $800 excess or $850 in my old mans (max no claim 50yo) with a $2000 excess for me) $800 for the old man, market value not agreed but given I have 19's and sunroof and fairly low kms I was told its about $25k at the moment

As young blokes have it tough lol

[aimz rokafi]

picking up my T ute on saturday!!!

the reason I decided to get one now is insurance finally became reasonable. what has shocked me is that NRMA is by far the cheapest for me. (prices rounded up to nearest $100)

NRMA; $1200

Just Car; $1600

CBA; $2400

AAMI; $2400

GIO; $3100

im 28, but ive got a clean record and ive never had an accident/made a claim.

he best quote I have is from NRMA at $1,340 for a 20 yo Male owning and driving a 2012 G6E Turbo

pretty good considering your age!

[Kosij]

I'm with nrma! 23yo insured for $19,800 I pay $89 per month and live in a high risk area so that's pretty good.... And mods covered as longs as there "roadworthy" :/