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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!

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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.

  • 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.

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

  • 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:

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