Unbelievable Insurance Prices

[Logzy]

Well, as the thread title may suggest. I am surprised how cheap my insurance is going to be.

I have just received quotes from both RACV and AAMI for my 2008 VW Golf GT Sport TDI DSG which should be in my driveway on Friday.

AAMI quoted $644 with a new for new 12 month replacement and $500 excess.
This price included the tinted windows, different suspension and 18" wheels as mods.

RACV quoted an amazing $470 with a 24 month new for new replacement and $500 excess. This also included all my listed mods.

I am amazed as when i rang about 4 months ago for an insurance quote it was around the $750-$800 mark.

My 2001 Clubsport, I still pay $1100 per year.

[Mischa]

lucky... try being a teenager paying for insurance lol... not fun

[STV4SYT]

Hmm, mine was $750 ish with AAMI, cheapest i could get, though i am on a rating 2 as i had a stupid at fault acco about 2 years ago.

[Greg Roles]

Mate I'm paying $750 ( monthly debit, yearly was high 6's ) to AAMI for a $500 excess with full market value replacement. Like Steve, I've had a minor prang in the Ford last year, so I'm a rating 2 level criminal.

Just wait till you go a fortnight between servo fills, the savings continue, it's amazing.

You've more good suprises yet in store mate

[mrx]

Yep my GTI is cheaper than my 5 year old naturally aspirated Subaru Impreza was - go figure!

About $800 a year in Perth, with 4 years new car replacement if written off, unlimited glass breakage, $100 excess, and no claim bonus protection. Western QBE.

[Logzy]

Yep my GTI is cheaper than my 5 year old naturally aspirated Subaru Impreza was - go figure!

About $800 a year in Perth, with 4 years new car replacement if written off, unlimited glass breakage, $100 excess, and no claim bonus protection. Western QBE.

4 years new car replacement, thats excellent.
It would be a real shame if something really bad happened to your GTI in 3.5 years.!!

[mrx]

4 years new car replacement, thats excellent.
It would be a real shame if something really bad happened to your GTI in 3.5 years.!!

That was the clincher for me, could have got cheaper insurance with RAC, but they only offer 2 years replacement.

Are you offering?!

[acdcfan]

My insurance with QBE was around 750 with 4 yrs replacement policy.....and 60% no claim bonus

[Bazzamon]

My renewal came the other day $1287.98 2007 1.9 c/line diesel ! Now thats a rip off Suncorp/GIO

[gregozedobe]

My renewal came the other day $1287.98 2007 1.9 c/line diesel ! Now thats a rip off Suncorp/GIO

Surely there has to be some contributing factors to that price ? (dodgy driver/s, license points, accident record, postcode, young driver, not garaged, zero NCB etc)

[Chardy]

30 year old male lving in Prahran Melb. Security garage at night, 1 at fault claim in 10 years (car was keyed - considered at fault) 1 speeding fine in 10 years - 2008 GTI, 1 year replacement - $1100 with RACV!!! AAMI was around $1300 and Allianz wouldnt do under 30 (im 30 on Saturday, bought car last Sept)

so stop complaining lads...

[gareth_oau]

I Just insured a newly acquired 8L S3 with RACWA, agreed value for $27k, with extensive modifications noted and agreed.

Premium was $950 with $200 excess, which i think is superb. the policy is open which means my 17 yr old son is permitted to drive also, and I just need to pay an additional $650 excess if he's to blame

[Logzy]

My renewal came the other day $1287.98 2007 1.9 c/line diesel ! Now thats a rip off Suncorp/GIO

Geez Bazza.
That one fits into the unbelievable category, only the other end of it.
Guess you wont be renewing the policy with them then.
I pay about $1100 now for a VXII 5.7l Clubsport which is modified with exhaust and engine work with RACV

[bailey78]

I pay 1260 for my R32 and consider this a bargain - (last car was 1500 per annum)

30yo, St Kilda, 1 at fault claim (a d*ickhead hit my car in a carpark and didn't leave a note), no speeding fines (touch wood)

Consider that premium a bargain for St Kilda - the area pretty much adds 500-600 bucks to any premium.

Chardy - thats a pretty good deal you have there for the GTI too - last time I checked the GTI was around 1500 for me......that was with web quotes when I was bored ****less one time at work

[THR]

$1,400 odd per year for my TDI DSG Comfortline.

Only 26 though and pretty much near the centre of Sydney (Elizabeth Bay).