Jump to content
SAU Community

Insurance Scheme


t5iv
 Share

Recommended Posts

Considering that there seems to be considerable debate about insurers at present, thought that now would be a good time to show you guys a little side project that I've been working on.

Australian Reliance are an Insurance Broker who are interested in helping us 'bulk-buy' insurance.

The plan is essentially to have our own special plan with a large national underwriter.

What we are trying to secure is:

  • Our preferred repair shop (maybe 2) in Brisbane
  • Financial Advantage - Costing less for members
  • Cover for legal modifications
  • Support with bringing parts from Japland when required
  • Potential track day cover for a higher excess

What we need to take to them is numbers. How many people would be interested? What sort of costs are we looking at?

Essentially, this is just an expression of interest. If you're sick and tired of getting shafted by your current insurer, this could very well be a way out.

An insurer like Shannons or LSV can piss off one person and get away with it. But if they are aware that shafting one results in losing 100 customers, they'll think again.

If you'd like to explore this further, please jot down:

  • Rough Age
  • Rough Annual Premium
  • Rough Excess
  • Any mods covered
  • Any extra perks

If you don't want this info to be public, either PM myself or Miss-R34.

Cheers people!

Link to comment
Share on other sites

  • Replies 49
  • Created
  • Last Reply

Top Posters In This Topic

We're looking at overall value for money. So if it still costs the same, then what additional benefits are there? choice of repairer, cover for mods etc.

The first step is to gather info (keeping it private) and chat with the broker who can liaise with underwriters. Can't guarantee anything - but we want a better deal for all involved.

Link to comment
Share on other sites

  • 2 weeks later...
  • 3 weeks later...

Becareful with the excess as I found out Justcar was hitting me 3 excesses for the past 2yrs I was with them.

Car: 1995 R33 GTR V-Spec N1

Just Car

Insured: $25k> (forgot)

Type: Full Comprehensive

Premium: approx $1000 PA

Excess: $1500 (standard), $1000 (thief), $1000 (special vehicle)

So if my car was stolen I'd have to fork out $3.5k for excess. I have no idea wtf is special vehicle excess.

NRMA 1st Year

Insured: approx $25k

Type: Full Comprehensive

Premium: approx $1100 PA

Excess: $500 or $600, forgot (standard)

NRMA 2st Year (quote for renewal)

Insured: approx $20500

Type: Full Comprehensive

Premium: approx $1250 PA

Excess: $500 or $600, forgot (standard)

Shannon (current)

Insured: approx $30k

Type: Full Comprehensive

Premium: approx $1750 PA (paid monthly $145)

Excess: $500 or $600, forgot (standard)

Shannon doesnt even wannt touch me for the first 3yrs of ownership due to the car being my first car and my only car (even though our family got 2 cars in total). I end up paying more for premium because Shannon's a lot easier to deal with from reviews.

Link to comment
Share on other sites

No one will insure me for comprehensive :(, they wouldn't even cover me for theft as its a highly stolen vehicle. I'm only covered for fire and third party

I'm 20

... Have an "extensively" modified r33 and insurance companies hate me lol

Link to comment
Share on other sites

  • 2 weeks later...

G'day, I'm with Just Car for my Full Comprehensive Insurance (1998 R34 GT-T) but now I'm doing some homework & looking at other potential options. Below is the details I received from Just Car for my annual insurance renewal / anniversary as well as the details after a follow up call to them re adding my recent car mods to the policy...

My Age: >25

Car setup on original insurance policy: Mag wheels $1,500 & stereo head unit $100

  • Annual Premium: $931.92 ($77.66 / month)
  • Excess: $600 (Standard & not 100% sure if any other excess applies like theft or special vehicle as per Brandon's post above)
  • Any extra perks: none not even a reach around...
  • Agreed Value: $13,800

Car setup on current insurance policy: Mag wheels $1,500, stereo system $2,800 & CES exhaust $2,100

  • Annual Premium: $1,096.92 ($91.41 / month)
  • Excess: $600 (Standard & not 100% sure if any other excess applies like theft or special vehicle as per Brandon's post above)
  • Any extra perks: still no reach around...
  • Agreed Value: $15,270

I would luv to hear what other viable options exist in today's current market place & if any1 has any feed back regarding my policies above, cheers fellas :cheers:

Link to comment
Share on other sites

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
 Share




  • Similar Content

  • Latest Posts

    • While going through data logs late last week, I spotted a small issue with my WMI. My WMI starts to progressively inject at 11psi of boost. I'm using a 25psi cut in pressure switch on my WMI as an added safety and if the curve is linear, I should hit that 25psi on my WMI system around 13-14psi of boost.  As per my data logs, my WMI pressure switch only activates around 19psi of boost. This is causing my non WMI 4D map to trim for WMI. I'm presuming this is caused by the mechanical switch response time, injection curve not being linear or both.  I ordered a 2-10psi adjustable cut in pressure switch which should correct this. If this doesn't resolve it before my dyno appointment on Friday, I'll just remove the pressure switch temporarily and more than likely replace it with a pressure transmitter afterwards.    BTW Speedtek has yet to refund me.
    • Yep PETG (Polyethylene terephthalate glycol), my 'go to' plastic, printed to precisely how long I wanted 🙂, about a finger length ha ha. I would usually grind up something but since I've got the printer I thought I might give it a try and it worked beautifully ^_^b So with regards to torque, there's a little bit of science behind the orientation of the print, fill density, fill pattern and number of external perimeters which can increase the strength dramatically, but you still need to work within the constraints of the material and the orientation of the model for sure. I certainly wouldn't be making a breaker bar out of plastic, but this little bugger is very strong for it's size that's for sure.
    • This is the part I was unprepared for. I mean, thinking about it now, the first day I collected my car from the importer someone posted a photo of it on the highway to an online JDM page which my friend then sent me. I drove straight to the office to pick up some things and was immediately swarmed by about ten college kids -  "how much power" "why no wing" etc. The next couple times I went out I didn't really notice anything, there was a "why no wing" at a service area at some point. Then during the fourth time out driving at the Nurburgring I got the "do a drift" - the bastard cut it out in this clip. The title in itself is a red flag. As you may have guessed, I am not a fan of the attention. This leads me to wondering what to do with the car in the future; I'll see how this year goes and it may be garaged, which it mostly is already, or maybe even sent back to Japan  to also be garaged and driven occasionally on visits. Fortunately my daily is as interesting as drying paint.   
    • I couldn't get this to work right, New clean IACV, coolant seems to flow and solenoid functions, but again as soon as I plug it in the idle raises, I ran the car for a good 1/2 hour messing around with various things it, no vac leaks. At one point with the IACV plugged in I was able with the adjustment in the side of IACV turned all the way in get it idle down a little to around 1000, but no lower, and it would surge, I unplugged the IACV engine rpms drop to about 350, turned the adjustment about 3 turns in , set idle to around 800 rpms' and it idles smooth. I set the idle stop screw abut the same so it cant drop below under load. the engine starts, restarts, with no load or with a load seems to run fine. I will have to leave it like this for now as I cant get it to function correctly with the IACV plugged in. One other thing I discovered that might be the reason for some of the issues, the engine in the car is a RB25det neo from a Stagea along with the Stagea ECU. so alot of wiring, plumbing etc that is typically there in a R34 is not. 
×
×
  • Create New...