Insurance - Suncorp

[Guest Pearman]

Hi Guys,

I know insurance has been a hot topic on this forum.

I'm looking into buying/leasing a 98 R34 GTT.

My quote from Suncorp was Approx $2700 with $1000 excess.

I couldn't beleave it!!

I'm 34, been driving for years, rating 1 for years!

The Questions,

- I've read a number of threads about guys paying $800 - $1000 for suncorp insurance. What's the catch? How/Why so cheap?

- Those with cheap insurnace (if there is such a thing!), when did you take out the policy? Is the high price something new??

BTW, Suncorp only recognised 1 model skyline - GTR, hense the $2700 (even after I explained that there was a big difference in model/value)

Any info,

Thanks

PEARMAN

[Guest MRE]

Ring again and speak to someone else.

BTW, Suncorp only recognised 1 model skyline - GTR, hense the $2700 (even after I explained that there was a big difference in model/value)

Does not sound right.

[Guest Boxhead]

it doesnt sound correct about the only recognising one skyline...

but also factor in that your talking abuot a r34 here, not an r32 or r33. the r34 is worth a bit more money if they need to replace it

[Guest Pearman]

Hi Boxhead,

I hear what you are saying, but we are still only talking about 5-10k difference between an R33 and R34.

I told them the approx purchasde price will be 35k - not 80-100K for a R34 GTR!!

Thanks

[Willo]

Suncorp quoted me $1600 for a R33 GTR. Unfortunately I had too many modifications so they wouldn't cover me.

Keep in mind location when looking for insurance. Some suburbs are considerably more expensive than others. I live in backwards hickville so theft isn't as much of an issue.

[002 NVS]

Try a differant insurance company.

Such as www.youngandcool.com.au

I can't remember the others...

[alistern]

When I was looking for insurance I even had one person in suncorp tell me they didn't cover imports, I would recomend at least 3 quotes from them to get an idea of how much.

[Jay95R33]

SunCorp are moving away from insuring Imports. It may be their way of doing it??

I have just today changed my insurance over from SunCorp to Famous.

My renewal from SunCorp this year was $1580, and through Famous I got it for $1200 with unlimited mods (as long as they are legal and you tell them about them).

My advice would be to ring Famous and see what they can do for you. If your a finalcial member of SAU they will give you a reductionas well.

Incentive to be a member of SAU hay

J

[Guest Boxhead]

jay - we cant be a financial member yet because qld isnt that well along yet...

[Jay95R33]

Boxhead - Ahhh, sorry, I didn't realise that QLD aren't set up yet

I always thought you bananna benders were a bit slow

j/k

[giz01]

Mate has 300ZXTT with Wesfarmers Dalgety insurance think its

$500 or $600year for $25000 value?

[hungry6]

i got a few cars with suncorp and it's who u talk to there and if they have a vested interest in your business also. i got a skyline with them fairly lightly modded and it's under 1k and also a 2.7 twinturbo audi value over 150k wait for it $1475. So replacement cost is only part of the equation they look at, just try again after a few days.good luck.

[rs73]

My insurance renewal from JustCar was just quoted a bit over $2200 (rating 3, VIC northern suburb, car R33 GTS-t).

[surreal]

AON Risk Services (brokers).

By far and away the best quote I got from anywhere and no nasty fine print. They are not as small and dodgy as they sound, they specialise in commercial insurance.

BTW 33t, rating 1, average risk suburb in Brisbane = way less than a grand with a couple hundred for the excess.

[Guest Pearman]

Thanks for the tips!

By the look of things, I still need to hunt around!

I was surprised that some of the smaller, more 'specialised' places quoted about the same as NRMA. Even one of the insurers that has had a major rap on this forum.

surreal, do you know who is underwriting AON?? This deal sounds very good!

Anyone here leasing their vehicle? Any difference getting insurnace to cover this type of finance?

pearman

[chaos]

Originally posted by 002 NVS

Try a differant insurance company.

Such as www.youngandcool.com.au

I can't remember the others...

young and cool have quite a few restrictions, such as very little mods you have to have an alarm and immobiliser, if you dont they wont consider you. you have to park your car in a driveway during night time

this company is for the younger drivers (hence the name)

[slip]

boxhead - you live in NSW. Join SAU NSW.

QLD is coming along just fine.

[Nismo_Boy]

*Sniff* I smell a ownage.

[Guest Boxhead]

no slip, i think ill stay in qld for no other reason then pissing you off

[Shell]

Originally posted by Pearman

surreal, do you know who is underwriting AON?? This deal sounds very good!

pearman, my ex had a car insured by AON, mainly cos his dad was involved in the company...

but anyway...I don't know who they are underwrited by, but they split up the insurance bill via a number of different companies....and just looking at his last insurance bill I'm looking at right now, it has: CGU Insurance, Royal and Sun Alliance, Suncorp Metway, Allianz Australia...

so I think you are in good hands with AON