Issues with getting an insurance evaluation

[Burto]

Im currently with HBF on my GTSt and they are really good (and more importantly, cheap), got a quote for a GTR insured for $40000 is only around the $2G mark.

Anyhow, thats not the problem, because i imported my car it requires an evaluation done by a guy the insurance company recommended, i explained to this guy how the car was an N1 and how limited numbers were made blah blah... anyhow he reckons $30G to maybe $35G?

Reckons once i get it registered it may go up to $38 depending what i do to it. The exhaust system alone is worth probably up near $6G! Anyhow enough whinging, anyone had any experience with this and know how to get the evaluation amount higher? Theres no point insuring it for $40-45 if i total it or it gets stolen and the company turns around and says... ah we only evaluated that car at $30G.

[PHATR32]

did ya try just cars? they quoted me 2k on my r32 gtr, at an agreed value of $30,000

steve

[Burto]

No, im fairly happy with HBF as they have a very low excess (I think $450 or 650). I might give just cars a call, what was their excess? Was the 32 getting imported, as thats where i ran into trouble, you have to prove how much the car is worth.

[PHATR32]

yeah its still getting importet, although they didnt ask me to prove the cars worthyness.

cant remeber the excess.

steve

[skyzerr33]

just don't change the computer or HBF want cover the car.

[Burto]

You serious? Cause the plan is to fit a Power FC. It doesn't matter much as i'll be over east in a couple of months and HBF wont insure you over there so will have to change policies. I sent a quote to Just Cars telling them the deal, see what they offer regarding insurance

[raasclaat]

you pay a bit more for just cars, but you will get the cover that you are after.

Mods and Full value.

You cant be too impressed with HBF if they wont listen to your stated value of the car

[Burto]

Hey, well it hasn't gotten to HBF yet, still waiting to get the car finished, may have issues with the modifications. Just got a quote from just cars, they're actually cheaper, $1700 to insure for $40000. I'd probably up that amount to say $55000 if they're going to include the mods. ANyhow the excess is the thing. Standard: $300 Under 25: $300, Policy excess: $1000, mags: $700, Mods: $400, Theft: $1000. Means if my rims and tyres were stolen (value $5000 max), then i'm up for $3700 in excesses plus take a hit for my NCB.. i might give them a call and get some more info

[Burto]

Well just got off the phone with Just Cars, seems pretty good.

Agreed Value: $44000

If i run into a tree: $2000 excess

If the car is stolen: $2700 excess

If the wheels are damaged: Extra $1000

Waiting for Famous to get back to me.

[Burto]

Well famous got back by email...

They said just to try just cars or young and cool... looks like just cars will win out.

[NO_RSPECT]

hahaha HBF dont have a company they recommend as they cant do that cos they arent affiliated with any car valuers.. so whoever you were talking to has sent you on a goose chase.. WE DO NOT RECOMMEND ANYONE AS A COMPANY... personal recommendations on the other hand are fair enuff.

go to somewhere that imports them and get a valuation from them, like C-red or Extreme Machines or Autoworx etc.

get them to do a full value.. you will find your premium wont go up by much at all for the higher sum insured..

also be very careful when dodging insurance in parents names etc. or anything along those lines.. had a few dodgies already and you gotta be careful when claiming

better not to dodge at all.

anyways go get a valuation from someone WHO KNOWS WHAT THESE CARS ARE WORTH PARTICULARLY A GTR N1

how did you get ones of these anyways.. good catch

[Burto]

Hey Riaz,

Yeah ive decided to give HBF the arse, they recommended a bloke to do the evaluation, he didn't really have an idea even when i explained about it being a limited edition version of the GTR ($30-35G).

As for dodging them up the whole thing is legit. I have a 60%NCB and its all in my name, when i first was after an import a few years back the insurance place said to get my own bonus up as they said that those cars (skylines, zx's etc) were flagged and the accidents investigated.

As for getting the N1, was browsing the japanese auctions for about 4 months looking for a grade 4 or better GTR V-spec in black with a few "compliance friendly" mods when an N1 popped up, few phone calls and i put the bid in but didn't expect to get it, in the end got it for less than some of the standard v-specs i'd been bidding on. Whats better is it turns up with a huge stainless turbo back exhaust, stainless manifold, HID lights and a few other goodies that weren't on the auction sheet, made getting it complied more tricky though.