Insurance For Red P Plater

[Captain Natro]

I'm through racq, only third party and they wouldn't cover me for theft... Comprehensive for a red p player with a skyline, if u have to ask u can't afford it.

And if you have any mods ie catback forget it... Or lie lol

[badben]

bud, id have the car in your parents name and insured in your parents name and have yourself as a full-time nominated driver, Completely legal.

Not any of this part-time or once in a blue moon driver s**t

If you go full comp you'll start earning NCB so when you decide to get every thing in your name you'll come out with some NCB

Thats what i had done in my earlier years and just a few mouths ago I got the insurance on my daily transfered in my name and i went straight to a max NCB.

Jumping in the deep end with your own full comp and build your own NCB in this day in age for a young bloke is just not worth it, money wise

[evil_weevil]

Ben,

who was registered owner and who had the financial interest? you or your parents?

[badben]

my father was the registered owner and he originally had a financial interest.Until he couldnt afford the car for various reasons, so i took over the payments , then had myself changed from an occasional driver to a full-time driver . I then sort my own personal loan with better payment plan and paid out the finance company the car was with. At 19/20ish in 2005 i was never going to have the insurance in my name when it was a modified 2002 VX SS, and as my father was still going to drive here and there anyway.

Now just to clear something up, having a car registered in ones name with the appropriate authority does not make you the owner.

The bill of sale or another similar document that is signed by the buyer and seller is what deems who the owner is.

So chris what was with these investigation style questions?

[sydking]

Dont matter who owns the car... They base the premiums on the youngest driver no matter what, Your SS is not an import..... Different rules apply, Hence we can only get insurance with a select number of companies.

[badben]

import or not its a 5.7L V8, 6 speed manuel, they all go in the category high performance vehicle. At 20 i was getting offered insurance at a price of 8000+,which is them basically telling me to get f**ked.

Under my fathers name with me on full-time, it trickled down to 2209.

There is a very high percentage of people under the age 25 driving them, adding to that, they generally have a turbo or 2, so between those two alone it seemingly sets off alarm bells, hence the bulls**t prices.

Also with the term 'imports', i think it has a very loose meaning. If you compared a ADM to a JDM R32 GTR, they'd both be viewed as imports, imported in different ways, but still an import, just like all nissan's and subaru's , Basically everything is an import other then ford or holden.

The term 'import' covers a a lot of cars and therefore doesnt play any role with insurance I believe

I myself, over the last mouth or so i just purchased some, and i was asked my age, engine displacement , non-turbo or turbo(s) and the like ,normal stuff.Not is it an import

[sydking]

5L or 500L it does NOT make a difference, its not a grey import mate. Price is high because your high risk. Thats standard accross the board.

Your SS can be insured with any company in Australia if your willing to pay, Skylines can not..... There is select few that will insure them, And when they do its only ONE driver, Not in your dads name and you driving....

AAMI will not give you insurance, But there bother company Just car will.

[oweban]

Yep - I could have gotten an SS as an 18 year old, would have cost me a pretty penny - but even as a 28 year old now, some companies won't touch the Skyline.

Either way, back on topic - red P's with NA liner, enjoy bending over for the foreseeable future.

[sydking]

Yep - I could have gotten an SS as an 18 year old, would have cost me a pretty penny - but even as a 28 year old now, some companies won't touch the Skyline.

Either way, back on topic - red P's with NA liner, enjoy bending over for the foreseeable future.

LOL - Not wrong, i Was paying close to 3k a year for full comp, NA R33. Justcar.

By the looks of it, Wont be much different now, 21, twin turbo. Mods disclosed.... Time for a 3rd job me thinks.

[badben]

5L or 500L it does NOT make a difference, its not a grey import mate. Price is high because your high risk. Thats standard accross the board.

Your SS can be insured with any company in Australia if your willing to pay, Skylines can not..... There is select few that will insure them, And when they do its only ONE driver, Not in your dads name and you driving....

AAMI will not give you insurance, But there bother company Just car will.

With my recent purchase of insurance in the 32 gtr, its cost me 935p/a agreed value set at 25000 with no depreciation in value as the yrs go by, unlike most insurance companies. I'm 27y/o, I am also able to have as many nominated drivers as I like, and I can also have under 25y/o drivers on there too, thats with NRMA.

I'm guesting when you say you can only have one driver, your talking about insurance with just cars.

By far the worst and most expensive insurance company for a skyline and this is most likely why....

Suncorp metway own AAMi and Just cars and shannons and 1 or 2 others.

they have spread there wings to target the whole insurance market.

AAMI- insurance only normal cars

Just cars- high performance

Shannons- classic (although if your in a car club they'll insure any car)

Thats why aami wont insurance a skyline as they bought just cars out for that reason, to target the high performance & import market.

With AAMI being one of the big insurance companies, if they wont insure any high performance or import car they are forcing people to other insurances companies like Just Cars which target that market, At the end of it Suncorp Metway own the lot so behind AAMI , Shannons and Just Cars its all the same insurance, same underwriter, just with a different name.

Performance and driver age are the 2 biggest factors with insurance, then add the limited access to replacement parts for grey imports and you've got yourself a recipe for bulls**t quotes or no insurance at all.

When I transfered the insurance into my name with the VX SS and added my brother and father as nominated drivers with shannon's they denied a claim where my brother was involved in a 3 car incident on the M5, $17000 in damage. 11mouths , an insurance investigator , a lawyer and the insurance ombudsman later i finally got a full pay out. We couldnt understand why shannons where denying the claim, even with police reports stating someone else was at fault, We found out shannon's, who was owned and operated my a car enthusiast was sold and bought out buy Suncorp metway whos bottom line is profit.

I'd be wary of them all, as they might give a good quote but come to a claim time they will drag you through the dirt.

red P's with NA liner, like owen said 'enjoy bending over for the foreseeable future'. Your in the 18 to 25 male age group, statistics suggest your highly likely to crash your car at some point, then add a semi performance RWD import. You'd be lucky to get insured or insured at a realistic price, hence why i say have everything in your fathers name and get your self on as a full-time driver, insurance is a third of the price and thats from personal experiences

Edited November 16, 2012 by badben

[sydking]

Hmmm looks like you onto something there Ben, I might have to give NRMA a call - What about salvage rights. Mods, garage, ect ect Your age would play a big part, Im 21 so il be paying accordingly.

Still always good to compare and hear other people sides - Couple of the boys have had some bad experiences with NRMA come claims time....

[badben]

Still always good to compare and hear other people sides - Couple of the boys have had some bad experiences with NRMA come claims time....

Your age is a killer for insurance , hey you say your 21 but ya got a twin turbo. You off your greens?

Really wow, see one of the reasons I went with nrma was the ute I drive as a daily now has been in the family from new but has traded hands many times between mt father my brother and me. My father in his earlier years was a courier and had 2 at fault, 1 not at fault and my brother when he was a courier had 4 or 5 at fault and 1 not at fault and it was always fixed, and fixed with oem parts not chinese rubbish.

You've got to be firm with them as we are paying for a service but most companies seem to forget that.

Yeh mate always good to compare peoples stories,theres always going to be stories from both sides of the fence. Its also great to be able to have a conversation with people on here without it getting nasty ,

But as i've seen, just about everyone who has posted in this thread are nsw club members, hence the friendly chit chat.

i hate when you express an opinion and someone builds a wall and loads the gun n fires at ya

Edited November 16, 2012 by badben

[badben]

Yes. salvage rights come automaticly with this insurance.

Mods, yeh they are covered if you disclose them.

There was 4 or 5 big details I left out before you'll even be looked at, those being....

1. You have to already have a full comp insurance policy on a daily driver

2. The car needs to be 15yrs or older

3. You have to pay in full, no monthly payments

4. Limited to 9000km/yr

5. Car has to be garaged

So there is some conditions for this specialty insurance.

[sydking]

Your age is a killer for insurance , hey you say your 21 but ya got a twin turbo. You off your greens?

Really wow, see one of the reasons I went with nrma was the ute I drive as a daily now has been in the family from new but has traded hands many times between mt father my brother and me. My father in his earlier years was a courier and had 2 at fault, 1 not at fault and my brother when he was a courier had 4 or 5 at fault and 1 not at fault and it was always fixed, and fixed with oem parts not chinese rubbish.

You've got to be firm with them as we are paying for a service but most companies seem to forget that.

Yeh mate always good to compare peoples stories,theres always going to be stories from both sides of the fence. Its also great to be able to have a conversation with people on here without it getting nasty ,

But as i've seen, just about everyone who has posted in this thread are nsw club members, hence the friendly chit chat.

i hate when you express an opinion and someone builds a wall and loads the gun n fires at ya

Get full license on the 29th November - Im about a year behind in getting them as i got my P's late.

That's another thing with our cars - Like you stated, They used OEM parts to fix the repairs on your ole boys claims. That's more then fine when its a local car with plenty of new cheap parts. But trying sourcing new parts from Nissan or Japan for fix a wrecked Skyline, you'd seriously be up for thousands for a front bar and a few other bits a pieces let alone a big accident. Hence more often then not its a write off. Then they stuff you around with the salvage of parts if your not careful.

Also agreed, Nothing better then a Civil conversation when opinions are flowing.

[sydking]

Yes. salvage rights come automaticly with this insurance.

Mods, yeh they are covered if you disclose them.

There was 4 or 5 big details I left out before you'll even be looked at, those being....

1. You have to already have a full comp insurance policy on a daily driver

2. The car needs to be 15yrs or older

3. You have to pay in full, no monthly payments

4. Limited to 9000km/yr

5. Car has to be garaged

So there is some conditions for this specialty insurance.

So full comp on another car? Family members count? or full comp on the same car then switched over to NRMA.

The rest sounds good to me, My car is a 97 make so just on 15 years now.

[badben]

nah the daily has to be your car with nrma full comp in your name so the skyline or whatever needs to be your 2nd car.

I'll elaborate on that 15yr rule too.

As quotes from there pds "Under this policy,we cover > classic vehicles- which are vehicles 15 years of age or more and recognised by us as a collectable vehicle"

[sydking]

nah the daily has to be your car with nrma full comp in your name so the skyline or whatever needs to be your 2nd car.

I'll elaborate on that 15yr rule too.

As quotes from there pds "Under this policy,we cover > classic vehicles- which are vehicles 15 years of age or more and recognised by us as a collectable vehicle"

Always a catch huh - Il call Monday morning and pick there brains

[evil_weevil]

Ben,

Quite a few people here work in the industry that's all.

One thing, don't have to be in a car club with Shannon's. Just have to 'prove' you are an enthusiast when they screen you at the beginning of a quote.

All I can suggest for people looking for insurance...

- read pds. Front to back. Read all exclusions not just benefits

- shop around. Market is full of insurers

- use a broker. They have access to other insurers public doesnt

- ask questions on mods and drivers and potentional younger drivers than you

- ask about fitting more mods

- define agreed value and market value

That's all I'll suggest

[MBS206]

I was reading this waiting on you to chime back in Chubbs. Also waiting for Corinne to chime in... LOL

[badben]

With the shannons and car club membership, I can only speculate but I'd suggest that must of gone out the window when Suncorp Metway took over. As i said earlier in my personal experience, they think bottom line, profits! so i suppose they didn't wanted to excluded potential customers.

Chris totally agree mate, nothings better then shopping around. Even better, is having car enthusiast's like yourself in the industry, to give out helpful opinions

Edited November 16, 2012 by badben