Third Party Fire And Theft, Are You Really Covered?

[matteh33]

Hey. So i was thinking about buying a r33 gts-t. If i go 3rd party fire and theft, and i am over power to weight ratio being a P Plater, and i have a crash; Am i still covered even being over power to weight? Last thing i want to do is run into a new merc and not be covered. Just car insurance was the mob im thinking about.

Any answer's would really help. Thanks

[inark]

well... you would probably be best asking the insurance company... its really at their discretion because i know plenty of people that have had claims covered regardless of them being on their Ps however if they want to they can screw you over.

YOU have to determine if you want to take the risk... if u cant afford full cover and if you know its illegal then you shouldnt buy the car. Get a 32 in the mean time til your off your Ps (under the P:W) and by then R34s will be cheaper and u can get one of them instead.... win win

[Sass]

when paul had his car on the lease it was covered for any driver, we thought sweet, i had a fang here and there - read the fine print 'any driver driving the car illegally is not covered' - i was on my p's and with power to weight, i stopped driving it till i got off my p's!

[Jackie]

All i can say is dont be silly, GET FULL COMP!!!

Its not worth insuring a skyline under 3rd party. I know people who had their skylines insured under 3rd party and they had an accident where they were in the wrong and that was it, they ended up either selling the parts off to get some money back or paying out of their own pocket to get it all fixed up.

[Sass]

i didnt wanna start out by saying it, but i agree with jackie, dont risk stacking it and not being covered

[Ruffels]

well a few members on the forums now have had crashes in thier R33's on their P's and been paid out with thier full comp insurance .... i have yet to hear of an insurance company not paying someone out for being a highpowered car.. but thats not to say it wont happen...

2 of my friends have been told by police that they are driving a highpowered vehicle and its illegal... so cops are really starting to clue on!

[Bec]

OK the thing about insurance companies is if you are breaking the law, your insurance 'can' become void.

Ie. You could be drunk, speeding, driving a car you shouldnt be driving, pretty much anything illegal.

Any of these things 'can' be gorunds for an insurance company not paying out. It will be up to the discreation of the insurance company whether they pay you or not.

Might be worth a phone call to them - with a hypothetical scenario.

[Jackie]

lol yeh im pretty straight forward when it comes to insurance Sarah.

But if i had 3rd party when i had my accident i would have been stuffed and had no car no money, NOTHING.

But seriously matteh33 accidents are called accidents for a reason. Things never happen when you expect it and can sometimes be unpreventable.

[Sass]

exactly jax, ive been bought up thinking accidents happen, cover your arse pretty much

even though my family is fairly tight with the $$$, its not something we dont mind spending the money on becuase we know it can come back and bite us!

[adznight]

Bec, what you should of said is that if you break the law they WILL find out. Insurance companies hate to pay out so will look at all avenues to avoid payment on a claim.

[khunjeng]

recently I smashed my R33 into a pole in the wet...the damage bill was around the 10k mark and my excess on full comp. was about $800. damn good deal I reckon.

I understand that if ur under 25 the premium is crazy...few doods in my FTO club under 25 r paying like 3k pa -OMFG who would bother??

anyway u need 3rd party at the least...and if ur doing anything that is not within their/vic roads rules u risk being voided...

if u can't afford the full comp. find a car with decent full comp and wait until u can...its crazy seeing people paying 3k a year for their insurance just cos they are under 25. another thing if ur record is bad or if u get caught doing somthing illegal you will pay the price with excessive premiums even when u r 30

[AlexCim]

stagea had third party, full stop.

didnt go for fire/theft as they would pay me 3k for a 30k car

full comp was uhh, 3.9 if i remember correctly after telling them about all the mods. This was with shannons and JCI was more like 4.5k.

[RCHOO]

Hey. So i was thinking about buying a r33 gts-t. If i go 3rd party fire and theft, and i am over power to weight ratio being a P Plater, and i have a crash; Am i still covered even being over power to weight? Last thing i want to do is run into a new merc and not be covered. Just car insurance was the mob im thinking about.

Any answer's would really help. Thanks

Well i would say read all the fine print...

You would find they would let you take out the 3rd party on Ps

But i would say they would not pay out for the other car if you had a smash

If your car cought fire in the drive yeah

Had it stolen Yeah

Smash in to another car they wont want to know you .

Because you should not of been on the road