Bora 4motion insurance cost

[djorkboy]

So my new 01 Bora 4motion is costing me $33 a fortnight (about $850 a year) for comprehensive +no excess on window replacement and maximum no claim bonus protection for life.

Of course it is totally stock. I don't plan to mess with the engine at all but would like to lower it a touch and put some 17" or 18" wheels on.

How much more can I expect to pay for insurance once I start modifying it? Is there a decent insurer that doesn't look unkindly on modified cars?

With previous cars I have not mentioned modifications to the insurer but I was probably risking them refusing to pay in some cases if I had been in an accident.

[dylan8]

I use RACV, as long car is legal and I list all the modifications they are happy, they dont however cover the modifications, just the car using said mods.
Costs me ~$800 for full comp i think including wheels, lowering and sounds system and both my dad and I as drivers.
Im 22 if that makes any difference?

[djorkboy]

Thanks for that info, I guess I just assumed the insurance cost would rise as the modifications were made, never considered they would just cover the car minus the mods.

[Blitzen]

Although I don't have a Bora, I have found that some insurers have no problems with mods... I pay $880 a year for my Polo GTI with all mods covered, and mine is pretty modified too (wheels, lowered, chipped, aftermarket engine parts... I am insured with AAMI, and they have been great to deal with.

[dylan8]

I use RACV, as long car is legal and I list all the modifications they are happy, they dont however cover the modifications, just the car using said mods.
Costs me ~$800 for full comp i think including wheels, lowering and sounds system and both my dad and I as drivers.
Im 22 if that makes any difference?

hmmm actually im down to $700 this year! BEST!

[Dr Haldex]

I just re-insured my Bora 4mo with Youi... $440

it mostly sits in the garage during the week and I'm an old fart with a reasonable driving history...that explains the cheaper rate.

[Back Door Shenanigans.]

Dam all you people mines around 1.3k and that's with a about 3k excess It also managed to go up last year somehow?

[djorkboy]

Wow, ....just Wow!! $1300 for insurance and a $3000 excess, that is incredible.

Did you run down an Insurance company executive or something?

I would start shopping around, surely you could do better than that.

I have an extra $200 excess (on top of the regular $600 excess) as a secondary driver on the policy for my wife's Subaru because I have had 3 speeding fines in the last 3 years, but with the same company the Bora has a normal excess with me as the main driver.

I have been really happy with QBE, especially the way they let you pay fortnightly and nominate which day of the fortnight you want to pay. I was with GIO before and they were good but they wanted to slap me with a $600 "punitive excess" when I got my license back after losing it for 9 months (this really makes me sound like a bad driver but all up we are talking about less than 10 speeding fines in the last 24 years, just quite a few close together) so I switched to NRMA who would increase my no claim bonus every year but would claw back any savings by increasing the base cost by about 30% more than the savings from the increased no claim bonus.

NRMA fought really hard when I tried to cancel too, they spent an hour on the phone telling me why I should stick with them before I demanded they cancel the policy immediately or I would call the Dept of Fair Trading, they even escalated it to a supervisor who called me back and went at me for another 10 minutes.

[balkanac]

$1300 does seem a lot! How old are you?
I pay $900 or so per year for my R32 (about $80 a month) with all mods covered incl the stereo and the radar detector and my missus is covered too, and she just turned 25.
Shop around mate, im sure you can get a better price
Im with RAC

[governor22]

dylan, how the #$&(@* do you get $700 ??? I'm 22 as well and AAMI was going to charge me $1800 (parked in driveway in canberra with a total value car around $11,500)...

what's the secret?

[trickysimon]

$100 a month for me with AAMI and I'm 20.

[Back Door Shenanigans.]

dylan, how the #$&(@* do you get $700 ??? I'm 22 as well and AAMI was going to charge me $1800 (parked in driveway in canberra with a total value car around $11,500)...

what's the secret?

Good to see im not the only one getting shafted.

Wow, ....just Wow!! $1300 for insurance and a $3000 excess, that is incredible.

Did you run down an Insurance company executive or something?

I would start shopping around, surely you could do better than that.

Im 19, cars insured for 16.5k with AAMI and the max excess i could choose (Covers itself as long as i don't crash in the first two years) It is actually the best deal i could find, with one of the company's being very generous and offering me 6.5k a year

The stupid thing went up last year despite no claims and better rating.

[dylan8]

dylan, how the #$&(@* do you get $700 ??? I'm 22 as well and AAMI was going to charge me $1800 (parked in driveway in canberra with a total value car around $11,500)...

what's the secret?

dunno? I also have a speeding fine, defect, and hoon warning against my name (all with this car)
first year when i was 18 it was like 1100 or something, 19 dropped to 800, 20 went up to 900 (when i added the mods), and since then has slowly come down. I live in/right next to the ghetto and park in a open carport. excess etc is all normal ~$600-700. so not sure why its so low.

[governor22]

when they ask on AAMI page:

"how many Licence suspensions, cancellations or disqualifications in last 3 years"...

I've had 3 speeding fines in last 3 years, so this would be 3 ?

But the first 2 fines I got on my NSW licence, and the last one on my ACT licence. Does this matter?

The first one I got in July 2008 and not sure if it's actually within the last 3 years... any way I can find this out on My RTA website even though I'm not with RTA anymore?

[Back Door Shenanigans.]

when they ask on AAMI page:

"how many Licence suspensions, cancellations or disqualifications in last 3 years"...

I've had 3 speeding fines in last 3 years, so this would be 3 ?

But the first 2 fines I got on my NSW licence, and the last one on my ACT licence. Does this matter?

The first one I got in July 2008 and not sure if it's actually within the last 3 years... any way I can find this out on My RTA website even though I'm not with RTA anymore?

Wow hardcore speeding if they each got your licence suspended. It's only worried about suspensions cancellations and disqualifications not speeding tickets.