Insurance - Lifted Cars
- vincentvega
- Senior Member
- Posts: 2446
- Joined: Tue Oct 04, 2005 10:00 am
- Location: Brisvegas
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Insurance - Lifted Cars
Is anyone getting a decent deal on insuring their lifted car?
I currently have full comp on my lib with AAMI. my insured value has dropped this year from 8000 to 6000, yet the premium has now gone up to $607.
Its a joke, $607 to insure a $6000 car.
Budget direct wont touch me as soon as you mention the word modified.
Shannons come in at $650 for an 8000 agreed value.
RACQ wont touch modified cars.
What are all you guys doing with your lifted rigs? I am considering going back to fire and theft, if i crash the thing I can pick up a good shell for 1000 and rebuild from there...
The most annoying part is my parents insure their brand new navara worth 40K for $400 / year. new for old replacement and everything.
I currently have full comp on my lib with AAMI. my insured value has dropped this year from 8000 to 6000, yet the premium has now gone up to $607.
Its a joke, $607 to insure a $6000 car.
Budget direct wont touch me as soon as you mention the word modified.
Shannons come in at $650 for an 8000 agreed value.
RACQ wont touch modified cars.
What are all you guys doing with your lifted rigs? I am considering going back to fire and theft, if i crash the thing I can pick up a good shell for 1000 and rebuild from there...
The most annoying part is my parents insure their brand new navara worth 40K for $400 / year. new for old replacement and everything.
brumbyrunner wrote:And just to clarify the real 4WD thing, Subarus are an unreal 4WD.
I feel sorry for ya mate.
When I first got my stock standard L, I was 19, on my p's, male, pretty much the worst combination.
It was $1,300 a year for comprehensive insurance to cover a car worth just over double that, and then the excess was around 1.1 grand. I said F that to them, could crash it with 3rd party, and pretty much buy a new one for the insurance they wanted EACH YEAR
When I first got my stock standard L, I was 19, on my p's, male, pretty much the worst combination.
It was $1,300 a year for comprehensive insurance to cover a car worth just over double that, and then the excess was around 1.1 grand. I said F that to them, could crash it with 3rd party, and pretty much buy a new one for the insurance they wanted EACH YEAR
- Gannon
- Senior Member
- Posts: 4580
- Joined: Sat Nov 05, 2005 10:00 am
- Location: Bowraville, Mid Nth Coast, NSW
yeah i was in the same boat as 'theclick'
Current rides: 2016 Mitsubishi Triton GLS & 2004 Forester X
Ongoing Project/Toy: 1987 RX Turbo EA82T, Speeduino ECU, Coil-pack ignition, 440cc Injectors, KONI adjustale front struts, Hybrid L Series/ Liberty AWD 5sp
Past rides: 92 L series turbo converted wagon, 83 Leone GL Sedan, 2004 Liberty GT Sedan & 2001 Outback
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Ongoing Project/Toy: 1987 RX Turbo EA82T, Speeduino ECU, Coil-pack ignition, 440cc Injectors, KONI adjustale front struts, Hybrid L Series/ Liberty AWD 5sp
Past rides: 92 L series turbo converted wagon, 83 Leone GL Sedan, 2004 Liberty GT Sedan & 2001 Outback
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- Captain Obvious
- General Member
- Posts: 1292
- Joined: Wed Oct 05, 2005 10:00 am
- Location: maryborough
dane im with just cars, i think its all agreed and i think i paid about 700 a year full comp not im not rating 1, the rx was with racq but it was only third party and the new about the lift and rims not the ic tho!!
[SIGPIC]http://www.ausubaru.com/forum/image.php ... 1468060434[/SIGPIC]
The 4x4: 2004 Nissan Navara d22 ZD30 dual cab.
The Wifes car: 2005 SG9 Facelift forester 2.5l auto XS
The 4x4: 2004 Nissan Navara d22 ZD30 dual cab.
The Wifes car: 2005 SG9 Facelift forester 2.5l auto XS
- AlpineRaven
- Senior Member
- Posts: 3682
- Joined: Wed Oct 19, 2005 10:00 am
- Location: Melbourne, Victoria, Australia.
for my Gen2 Liberty, AAMI knows its lifted but pays $447 a year. Policy doesnt change with and without lift.
Cheers
AP
Cheers
AP
Subarus that I have/had:
1995 Liberty "Rallye" - 5MT AWD, LSD - *written off 25/8/06 in towing accident.
1996 Liberty Wagon - SkiFX AWD 5MT D/R, Lifted.. Outback Sway Bar, 1.59:1 Low Gearing see thread: 1.59:1 in EJ Box Page
Sold at 385,000kms in July 2011.
2007 Liberty BP Wagon, 2.5i automatic
1995 Liberty "Rallye" - 5MT AWD, LSD - *written off 25/8/06 in towing accident.
1996 Liberty Wagon - SkiFX AWD 5MT D/R, Lifted.. Outback Sway Bar, 1.59:1 Low Gearing see thread: 1.59:1 in EJ Box Page
Sold at 385,000kms in July 2011.
2007 Liberty BP Wagon, 2.5i automatic
- Suby Wan Kenobi
- General Member
- Posts: 1914
- Joined: Tue Oct 04, 2005 10:00 am
- Location: Sunny Godwin Beach Qld
- Outback bloke
- Senior Member
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- Joined: Fri Sep 30, 2005 10:00 am
- Location: Morayfield - Queensland
- Contact:
- Thalass
- Junior Member
- Posts: 473
- Joined: Sat Nov 03, 2007 12:21 am
- Location: North Bay, Ontario, Canada
You're complaining about six hundred bucks? When I got my first car (stock '84 Touring Wagon) I was quoted over two grand! When I got my Outback, and I was a little bit older, I managed to get it down to 1500 at one place - then next lowest being 1800ish.
Of course that was NSW.
Anyway, I can't help you with insurance prices. I only have the basic 3rd party at the moment, and it'll probably stay that way untill I'm at least 30.
Of course that was NSW.
Anyway, I can't help you with insurance prices. I only have the basic 3rd party at the moment, and it'll probably stay that way untill I'm at least 30.
- vincentvega
- Senior Member
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- Location: Brisvegas
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- sven '2'
- General Member
- Posts: 1357
- Joined: Sun Oct 14, 2007 5:45 pm
- Location: Adelaide, South Australia
Hmmmmm,
watch A#*% (and others) if you actually like your car and value the quality of repair - your pa premium is not indicitive of the 'true' cost, if indeed you CAN access your insurance.
Pay more pa - worth should if/when you need it.
Indugle me for a mo...
Do you have choice of repairer? Or would you be happy with the damage on your loved sube captured as a jpeg file and emailed to every crash repairer on 'their' books, with the LOWEST quote winning?
All while you enjoy the 'free' taxi from their easy to find asessment centre?
More expensive cars (Mercs, BMWs etc) used to be placed on a tray top and driven around seeking the cheapest quote
THE number question 4WDwers have to ask yourselves, am i covered off road?? When you ring up and the telephonist on $12 / hr + commission and he/she says "yes"...stop and consider.
Now sports fans, define for me 'off road' - read the fine print of your policy.
Are you covered on a marked track / roads only - what if you are on a beach with NO markings - are you covered? What if your car needs to be recovered from an unmarked shortcut between two marked tracks?
And this is B4 mods!
Insurance is purely a risk based industry - min the risks (and payouts) = increased profits.
My advice?
1. Write to your insurance company, and ask the following question to be answered in writing, on letterhead.
"am I covered on umarked tracks / roads?"
2. choice of repairer - do you value this relationship?
3. disclosure. disclosure. disclosure. Write to them, advising them of every mod, update as you do, and ask for acknowlegement IN WRITING.
4. Shannons...only way to go (but still ask the Qs...)
5. <30 years of age - bad luck!!
6. Think about extra cover form camping equipment.
Just trust me on this advice. I do not work for Shannons!
Sven
watch A#*% (and others) if you actually like your car and value the quality of repair - your pa premium is not indicitive of the 'true' cost, if indeed you CAN access your insurance.
Pay more pa - worth should if/when you need it.
Indugle me for a mo...
Do you have choice of repairer? Or would you be happy with the damage on your loved sube captured as a jpeg file and emailed to every crash repairer on 'their' books, with the LOWEST quote winning?
All while you enjoy the 'free' taxi from their easy to find asessment centre?
More expensive cars (Mercs, BMWs etc) used to be placed on a tray top and driven around seeking the cheapest quote
THE number question 4WDwers have to ask yourselves, am i covered off road?? When you ring up and the telephonist on $12 / hr + commission and he/she says "yes"...stop and consider.
Now sports fans, define for me 'off road' - read the fine print of your policy.
Are you covered on a marked track / roads only - what if you are on a beach with NO markings - are you covered? What if your car needs to be recovered from an unmarked shortcut between two marked tracks?
And this is B4 mods!
Insurance is purely a risk based industry - min the risks (and payouts) = increased profits.
My advice?
1. Write to your insurance company, and ask the following question to be answered in writing, on letterhead.
"am I covered on umarked tracks / roads?"
2. choice of repairer - do you value this relationship?
3. disclosure. disclosure. disclosure. Write to them, advising them of every mod, update as you do, and ask for acknowlegement IN WRITING.
4. Shannons...only way to go (but still ask the Qs...)
5. <30 years of age - bad luck!!
6. Think about extra cover form camping equipment.
Just trust me on this advice. I do not work for Shannons!
Sven
73 Yamaha DT3 250
08 Ford BF wagon - LPG FTMFW
14 Toyota Kluger - goodness!
08 Ford BF wagon - LPG FTMFW
14 Toyota Kluger - goodness!
mate i am with racq for both cars and they know all the mods that have been done to the l seriesand they were happy to insure me after aami wiped me when i told them that i had a lift kit put in the l series.
i am a rating 1 for life $400 excess and the l series is even covered for off road damage
as for a jpeg being sent to all repaires hahaha i get snapshots sent here without my knowledge for the littlist thing for the enjoyment, laughter and ribbing of my peers
i am a rating 1 for life $400 excess and the l series is even covered for off road damage
as for a jpeg being sent to all repaires hahaha i get snapshots sent here without my knowledge for the littlist thing for the enjoyment, laughter and ribbing of my peers
89 L series 14"rims 27x8½" tyres, 2" lift kit,
EJ 22 motor,
EJ 22 motor,
- sven '2'
- General Member
- Posts: 1357
- Joined: Sun Oct 14, 2007 5:45 pm
- Location: Adelaide, South Australia
not the actual sending of the images, but to properly quote a job you need to see the car...by quoting from photos or video footage, quotes are often inaccurate. By inaccurate they are mostly under = poorer result for you.
My advice is make sure the mods are listed on your policy document and you are covered for 'off road'
My advice is make sure the mods are listed on your policy document and you are covered for 'off road'
73 Yamaha DT3 250
08 Ford BF wagon - LPG FTMFW
14 Toyota Kluger - goodness!
08 Ford BF wagon - LPG FTMFW
14 Toyota Kluger - goodness!
- AlpineRaven
- Senior Member
- Posts: 3682
- Joined: Wed Oct 19, 2005 10:00 am
- Location: Melbourne, Victoria, Australia.
Another thing... blame to local car thefts or high rating of car accidents in area which would explain why insurance would be higher than what it should... that is another thing. My car is registered and insured at my parents house because its $500 cheaper to do so...
Cheers
AP
Cheers
AP
Subarus that I have/had:
1995 Liberty "Rallye" - 5MT AWD, LSD - *written off 25/8/06 in towing accident.
1996 Liberty Wagon - SkiFX AWD 5MT D/R, Lifted.. Outback Sway Bar, 1.59:1 Low Gearing see thread: 1.59:1 in EJ Box Page
Sold at 385,000kms in July 2011.
2007 Liberty BP Wagon, 2.5i automatic
1995 Liberty "Rallye" - 5MT AWD, LSD - *written off 25/8/06 in towing accident.
1996 Liberty Wagon - SkiFX AWD 5MT D/R, Lifted.. Outback Sway Bar, 1.59:1 Low Gearing see thread: 1.59:1 in EJ Box Page
Sold at 385,000kms in July 2011.
2007 Liberty BP Wagon, 2.5i automatic
- vincentvega
- Senior Member
- Posts: 2446
- Joined: Tue Oct 04, 2005 10:00 am
- Location: Brisvegas
- Contact:
- sven '2'
- General Member
- Posts: 1357
- Joined: Sun Oct 14, 2007 5:45 pm
- Location: Adelaide, South Australia
After a claim, the first thing any insurance company will do is look for an out...that is, false infromation or the technical term 'failure to disclose'. READ YOUR FINE PRINT - it will state it is up to the customer to inform the company of all mods, deatils, drivers, traffic offences etc etcsven '2' wrote:
Insurance is purely a risk based industry - min the risks (and payouts) = increased profits.
Sven
failure to do so may void your policy - does not matter you have paid up policy in full - it is your responsability to disclose.
The thing is with small claims like subies, unless audited, you may well get away with it - unless a third party is involved. So hit a 325i with your 6 inch lifted EJed 82 brumby that has not been complicanced, nor declared, and see how you go
73 Yamaha DT3 250
08 Ford BF wagon - LPG FTMFW
14 Toyota Kluger - goodness!
08 Ford BF wagon - LPG FTMFW
14 Toyota Kluger - goodness!
- subybrumby
- Junior Member
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- Joined: Thu Jun 28, 2007 5:03 pm
- Location: Toowoomba