Jump to content
SAU Community

Recommended Posts

A while back someone posted a thread about R34 GTR insurance and how much everyone was paying for it (http://www.skylinesaustralia.com/forums/topic/360051-r34-gtr-insurance/page__p__6374995#entry6374995). At the time I was paying around 1900 for my premium with just car (originally 2500 but brought premium down to increase excess) for a 24 year old male with a 2001 v-spec II some mods agreed value of 65k living in mebourne. Just recently I recieved my new policy and my premium went up to $3700 p.a! My initial reaction was W#TF@! this must be wrong or some seriously bad joke, so I called up just car and to my dismay it was anything but that. My driving history, claims history, location etc is all the same. Nothing on my end has changed yet somehow, for some reason, my premium almost doubled. While I was in utter disbelief hurling a flurry of abuse at them on the phone they told me that it had gone up as a result of the christmas hail storm in melbourne and all of the claims that resulted, as well as the flooding in queensland last year. Surely that can't be right, that's too much of an increase. Has anyone else's R34 GTR premium gone up this much? I'm considering contacting the ACCC or ombudsman....

Link to comment
https://www.sau.com.au/forums/topic/405792-r34-insurance-joke/
Share on other sites

definetely take up some action, and yes let both insititutions know whats going on maybe some room for legal action. Least they arent blaming the carbon tax they know if they do that ACCC would be so far up their Ass.

Edited by starwarz

Even if they lost during those unfortunate incidents they shouldn't be taking it out on us a year later. I wonder if the standard commodore insurance has gone up that much, no way the bogans can afford that. Looks like there will be heaps of uninsured cars on the road this year.

My quote from "Lumley's SV" was $1000 less than with the other two "S" & "JC" that insure grey imports.

National Ph: 133578

A panelbeater at my church yesterday said that Lumleys are easy to deal with too.

You can PM me for my premium and sum insured.

Sometimes though, a low risk suburb one year, can become a high risk suburb the next. And that's just one variable.

Did you insure any further modifications on the vehicle ??

I just recieved my renewal policy and ended up saving $8 -_- I was sure I'd get at least $100 off from my previous policy as Ive moved from the 18-21 bracket in this renewal term but clearly not..

I just said something on this topic over here - http://www.skylinesaustralia.com/forums/topic/405420-v35-insurance-drama/page__view__findpost__p__6466038 - I think it will happen to everybody (ie 50%+ premium increase) at Just as their premiums come due....

My quote from "Lumley's SV" was $1000 less than with the other two "S" & "JC" that insure grey imports.

National Ph: 133578

A panelbeater at my church yesterday said that Lumleys are easy to deal with too.

You can PM me for my premium and sum insured.

Sometimes though, a low risk suburb one year, can become a high risk suburb the next. And that's just one variable.

I tried to get a quote from LSV but they said they don't insure anyone under 25 years old, was told to come back next year.

I was with HBF last yr and they covered me for 60k with premium of $1000. However they are not doing imports anymore so the cheapest i could find was with Shannon's, covered for 60k and 2.2k premium

I just said something on this topic over here - http://www.skylinesa...ost__p__6466038 - I think it will happen to everybody (ie 50%+ premium increase) at Just as their premiums come due....

Yep so its hit you too. I just can't swallow that pill. A 50% increase in a premium which is already exorbitant is just plain ridiculous. I gave shannons a call and they said they dont usually help out in such situations but they would this time, however the premium they gave me was still above 3k. Lumley's sounds like a great option however I too haven't hit 25 yet.

wow... hope its not like that for the gt-t's

Turned 25 this year & my insurance has gone down to $550ish from $950 & I jumped up from rating 3 directly to 1. :yes:

Good thing I drive an R33; the "common corolla" of the Skyline world.

The flood story has been the standard excuse here in Qld for massive home insurance premium increases too.

There's no doubt they check the postcode and then apply a % factor.

Suncorp denied such activity yet I live in Gympie's postcode, and it's well known for the Mary to wet some shops in town.

But it would need the ice caps to melt before my house flooded.

Same for my sister who lives on the top of a mountain in Rocky, yet her premiums went through the roof.

I did have a win when I confronted Suncorp however, told them to review the increase or all my business was walking.

Had a return email on Sunday night showing an extremely modest increase.

Im starting to think just fire and theft is the way to go.

Far to many varibles and reasons they may not pay out in these imports.

Also seeing as ive just done an engine conversion, and just about everything eles, Just car seemed to count them all as a mod.

asking me the value of them all.....if i remeber corectly i was quoted $4200 pa for comp

Edited by sydking

bottom line is you just have to shop around- if possible.

Insurance companies can and will change their prices at any time.

Bottom line is that u are a 24yr old driving a modified 34 GTR. U were already putting urself in dangerous territory with that and only having one available insurer (im pretty sure u said that).

U might find that JustCar worked that out and now know that they are your only option. (Market monoploy=$).

Otherwise, i know alot of insurance premiums across a range of products are going up, Ur not the only one...

Hmmmm i see somone making alot of money insuring imports in the next couple years if this keeps up

Anyone in the industry here?

That's what I'm thinking too. Ok, sure as a general sweeping statment, import cars might be at a higher risk of crash/theft/claims etc, but how much higher? Enough to justify paying a horrendous premium of $2600, then that being overly inflated to $3700? Its BS and we all know it. Like jjman said, they do have a monoply in the market and are exploiting it for all its worth. If decent competition came along they would have a very good chance of making something of it....

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now


  • Similar Content

  • Latest Posts

    • Yeh I think i'll message an old contact i had for ages that manages his own tyre shop now.. n tell him what i want n work with him before ordering..  Got this 17x9 +30 Driftteks on 245/45/17 PSR Drag Radials on the rear.. They fit well - for your reference in future - Rear guards  have been lipped in & minimal to non flaring of the rear Gaurds.    
    • If only it were that easy! I also needed to remove seats, shocks, brake calipers, send my car through a fence, and use measuring and ended up guessing because I didn't remove seats, shocks and brake calipers. It can be hard sometimes Can be a little more complex than 'just measure' if you want to truly measure the entire wheel through all of it's suspension travel. But if you aren't going for every last mm then yeah, you can check the space you currently have and guesstimate.
    • If you own a car, and it has wheels on it, and you know the offset of those wheels, and you have a measuring device, you have everything you need to work out if other wheels will fit.
    • Will this fit? but they are staggered set - RAYS 57DR SEMI GLOSS BLACK 18x8.5 +37 | 18x9.5 +38 5-114.3 STAGGERED SET   or If no go could just get a set 4's wheels of 18x8.5 +37 5-114.3 - would i run 8.5's 235s up front n 245's at the back if I do?   Thanks.        
    • Put a clamp on your return line. I have a feeling it's sucking air, and introducing bubbles to your fuel. With a lot of fuel, less problematic. I'd honestly be redoing all the lines in the tank and clamps on everything.   Also, you've given two different answers to the same question: Asked if being followed by the police you could get down to use the whole tank, you said yes you could, so long as you keep off boost. However, you then followed this up that free revving, it would also cause the issues. I'm doubting free revving is enough to make any noticeable boost on what is likely a decent sized turbo.   So now I have to ask, can you actually drive it lightly and use all the fuel, or does it break up even free revving? Also, have you put a fuel pressure gauge on it? Can you hear the pump change noise at all when you're having this issue?
×
×
  • Create New...