Insurance

[_8OO5TED_]

Which factors might these be? your No Claim Bonus will go up I presume?

[_8OO5TED_]

Mitch cause your young ill tell you how to get the cheapest insurance job in Perth..

When you car is registered on the road, get your father to go along with you when you put it over the pits, and when you pay for 1 year registration put the car under your Fathers name, so on paper it is HIS car. Or you can get your mother it doesn’t matter.  

Then all you have to do is, for them to put the car under there car insurance, and you as a driver. This scam, shouldn’t call it that, but it works, hell I my father got quoted with 15000$ cover for a 300zxtt with me as driver, 600$ with 200$ excess.

Its going to be the only way you will get respectable pricing from any firm, otherwise you will be up in the high 1000-2500$ with over a 1000$+ excess plus a fee for been under 25

Right now I am 22; got a fairly highly modified GTS-t R32 given it was built by prime garage for circuit racing. I have it under my name, with HBF, for 1150$ a year 15000$ cover [unfortunately it was all I could afford at the time I wanted $25000] with $1000 excess… They made it very clear I wasn’t allowed to let ANYONE under the age of 21 drive this vehicle and if I did It wouldn’t be insured. And only those declared as drivers on the policy may drive it for cover otherwise there’s an additional 500$ on top of the 1000$ excess.

Let me know how you go, insurance at a young age is a real Bitch but its great your going after it. It shows responsibility, in the thought.

The premium amount is based on the risk of the driver and the vehicle, if your father was quoted $600 with you as a driver, I can guarantee you were listed as a 1% driver or there abouts, and not the main driver. If you were to make a claim, and the company investigated and discovered you were the main driver, they would decline your claim.........

You cant scam the system, there is no point. Imagine if you did and paid a few years of insurance and then made a claim and your company found out you had lied, what would have been the point of paying the premium in the first place! Your only cheating yourself.

Same with mods, make sure you tell your insurance company about all the mods you have done to your car, dont hide it away, coz come claim time they will turn their back on you.

As well as driver history and speeding infringements/accidents. Disclose everything or dont expect sympathy from the Insurer come claim time...

[noise]

Which factors might these be? your No Claim Bonus will go up I presume?

No claim bonus back.

Turn 25

and also will be off my P plates.

Basically waited ages to get my licence then lost it once then fell under the new 2 year P plate rule, get off them in november.

This should drop my premium somewhat, also I think renewing a policy drops it a bit aswell.

[_8OO5TED_]

Yeah, NCB and turning 25 will make a significant difference to the premium.

[NO_RSPECT]

i know of a few SKYLINE owners who have been nicely advised that we will sue them for fraud when they were making a claim....why is it always the skyline drivers...see silvia owners...younger usually...just pay for insurance or they dont insure...skyline owners...we have big brains and can scam the system.. fine your attitude is commendable especially when there is a pending lawsuit waiting..

imagine you life falling to bits just because you wanted to save $500.

karma people

any petrol turbo vehicle is classed as performance usually...and then with differing loadings depending on the actual performance... dont forget when speaking to front line staff...thats all they are...FRONT LINE STAFF....actual underwriting is a different issue... making an assumption that insurance companies havent heard every friggin scam under the sun is naive...

very very much so..

its funny the joy we get from seeing some of the claims that have been declined due to fraudulent information...

i used to be like...hey i can rort the system...but now i really do not want to be one of the ones the system catches up to.

for those that get away...good on ya for giving the aussie battlers a chance..

dont forget the insurance market is all relative... you get cheap insurance now...then you get more expensive insurance later..cos you dont have your own no claim bonus.

more expensive now...and when you get a more speccy expensive car later...you have a no claim bonus and the benfits of being older to help bring the premiums down..

[uneekwahn]

If you have your car insurance under a parents name to make it cheaper and have yourself listed as a non-regular driver, and the insurance premium is NOT based on the age of the youngest driver and a claim is made and it is determined that you were the regular driver and had actually obtained insurance by providing false or misleading information to the insurance company you can, and more than likey will be charged with a crime.

I have been an investigator for 4 years for an insurance company, albeit health insurance, but I have seen a number of people get themselves into trouble for doing similar things.

My suggestion, as mitchy_'s, if you can't afford the car AND insurance on your own, you CAN'T afford the car.

It's people who do these types of things that cause the problems in the first place. Why do you think premiums go up? No, it's not because the companies are greedy, it's usually because of the following:

General inflation

Expensive parts (usually imports because the parts usually need to be sourced from Japan)

Dickheads committing fraud

I would strongly suggest that in the event you ARE committing fraud, or have misled your insurance company into charging you a lower premium through non-disclosure or blatant lying, that you:

1. Rectify it immediately because a criminal conviction at any age can severley stuff up the rest of your life.

2. Don't go admitting it on public forums.

Jason.

[mitchy_]

exactly jason... the insurance may be cheaper... initially. but in the event you need to make a claim, you may have just paid all that insurance to make a failed claim, and repairs come out of your own pocket...

when i bought the car, i was given a list of every mod + detail of the car, right down to the % of brake pads left, and i just gave that list to the insurance company. that way i know my insurance is (from what i can see) not going to have any problems

[re2]

This is how we use to do it, I have my car in my own name, and it is listed under a high performance, when they asked for a list of aftermarket parts on the policy, I asked him to explain, the guy on the phone said, pretty much he wants to know what I want covered on the policy. In other words, if something happen, and the policy states the intercooler system is worth 800$ then the insurance will allocate $800 to a replacement. If something that wasn’t speculated on the policy, they won’t replace it. Only to what would be stock.

[32vspecII]

tehnically there will be all these clauses in your policy that states if the car is modified without telling them they dont have to pay out etc etc . but personally ive never informed the insurance company of mods unless I want them to cover it . if its totalled and you loose 5k in mods atleast you got most of your cash back

anyway im with hbf , i had a 02 200sx 28k value 700$ per year max NCB 27 years old

i had the policy 2 days and my better half drove it into a tree . 8k damage . hbf were quite happy to pay .

now ive got a r33 gtst sedan 95 15k value about 600$ per year

[32vspecII]

oh yea , my specified repairer who i knew friend of the family , great job , no corners cut. having said that it wasnt a huge amount of damage , it doesnt take much to rack up 8ks worth of panels on a s15

[Daniel_]

Just the thread I was looking for.

Looks like Perths insurance rates alot more reasonable than other places in the country, was almost scared off by the figures in some of the insurance threads

Only thing to factor in now is where to get a tiptronic r34 coupe for around 25k

[_8OO5TED_]

Vic and NSW are quite expensive, the rest of the country is relatively cheap compared to WA, this based on Metro areas of course....

As for picking up a R34 Gt-t auto, Have you looked into importing one? Should get a clean example for that value quite easily if you bought from an auction through a broker.

I can recommend Autoworx in Wangara, they are bringing in s R33 GTS25t sedan for me now. Paul is great up there.

[re2]

Brokers ... I am more than willing to give the contacts and all the information he will ever need as in documentations, for importing a car under SEVS, for FREE.

[danh]

i hav $3,780, just cars, first yr of insurance under own name, 20yrs old, one at fault accident last yr.

R32 GTR $26,500 aggreed value

east sydney

[danh]

oh yeah, TELL THEM ALL YOUR MODS!

and excess in worst case scenario is $2900

[noise]

almost 4k insurance! lol mate thats insanity!

[danh]

not as insane as no insurance

i HATE insurance

but as someone previously noted, 'if you cant afford the car and insurance, then you cant afford the car'

its the lesser of two evils

[_8OO5TED_]

Sydney premiums are usually higher than Perth also, most of us should be lucky people like Just Cars will offer insurance as none of your mainstream insurers will offer cover on a highly modifed grey import to a 20yo with previous at fault claims....

[danh]

yeh exacto mondo!

it should drop at least 1k next yr though so that will be good

[Daniel_]

23 with no claims or convictions and driving since 2000.

For yearly insurance on an auto 98 r34 GTT coupe at $25k

HBF: $1250 with $300 excess. Unlimited windscreens a hire car etc and no restrictions on parking or anything

Just Cars: $975 with $600 excess ($300 basic + $300 22-25 year old)

Think just cars might also have an extra $400 excess but the emails at home and can't remember what it's for.

hmm tough choice.

edit: no convictions not multiple ones

edit2: the extra $400 excess is actually $700 and i's for some endorsement