Justcar Insurance - Low Agreed Values

[chops]

Just Cars said they would insure it but wouldn't pay it out if I have an accident because the mods are not "road legal" in SA.

And your current isurance company will probably do the same if they get a chance.

Edited August 21, 2007 by chops

[kralster]

They put my agreed value up on my r34 one year. It went up to 33 grand from 30.

[ecenshu]

What is with the low agreed values on the cars, even with modifications added on? I just got quoted $15000 for my GTR. You can't even get one imported for that much!

[whatsisname]

If you have a good driving record, aren't too young (they will NOT insure under 20yrs) and are a dedicated enthusiast then I would be giving Ryno Insurance a look.

www.rynoinsurance.com.au

They are much like Shannons in that they cater to the enthusiast market, however, I have found them to be much better priced without suffering a lack of quality of service, options, or coverage - and their underwriter has recently posted better figures than Shannons (ie they are as safe as any insurance company can be).

As I posted earlier in this thread, I have agreed value of $38,000 (modified '94 R33 GTS25t), specific modifications are list in my policy, free windscreen coverage, my choice of repairer (any one I want), pay by the month with zero extra charges, and my premium is just over $900*

* Note: I'm 34yrs old and have 'low use' noted on my policy (I do under 5,000klms per year - if that).

I know of a few people that have had to make a claim on their Ryno policy... and not one complaint.

[KISIN]

I rang JC 4 times and got 4 different figures..and they vary quite a bit...In the end ended up going with them because no1 else would insure me.

[Elliotws]

yeah i paid 19 000 for my r33 gts-s series 1. just car insured me for 12 900. my mods alone would be worth 30g's new. i got a quote for a pretty much standard series 2 1997 and they were going to insure me for 17 200. i guess i will have to be extra carefull not to write it off

[Hillzy]

just cars doesn't seem to make much sense then, my 93 r33 gtst agreed value is $15,000. dunno how that 95 skyline is only agreed @ $10,000. I've only got a few mods aswell, been with just cars for 3+ years and haven't had any major probs.

Well I'm definately going to ring them now. Maybe because I'm a youngen they think they can take advantage of me?

[Trav33]

I need to get out of JustCar, my 95 33 is agreed at only 10k and they can't do any better!!!

If I ring them and tell them I want it valued higher and threaten to change companies will they raise it?

I'm going to ring around too when i get a chance.

If you speak to a customer service operator, and you arn't happy with the agreed value, try asking to speak to their supervisor to see if they can do something better!

[DC_GTST]

Strange... i have a R32 and the agreed value is 13,100... which to me is about right.....

[Howie]

I gave Just Car a call and renegotiated my agreed value, they were happy to meet me half way.. so i guess that ain't too bad.

[Madaz]

^^ which was and now

[Howie]

21k, now 24k

edit : they won't cover you full price for mods, usually a percentage.

Edited August 22, 2007 by Howie

[shamus]

What is with the low agreed values on the cars, even with modifications added on? I just got quoted $15000 for my GTR. You can't even get one imported for that much!

http://www.carsales.com.au/used-cars/priva...matchallpartial

[Howie]

http://www.carsales.com.au/used-cars/priva...matchallpartial

Nice! an R32 GTR with a Mitsubishi 6A12G MIVEC V6 engine LOL

[Fishpaste~]

lol, last time i checked GTRs didnt have mitsubishi FTO written across their rear end.... hang on, dont we drive nissans?!?!? =D car sales ftl!! =P

edit: damn, someone beat me to it =(

Edited August 22, 2007 by Fishpaste~

[Madaz]

^^ and FWD ftl also