Which Insurance company are you with?

[Skoda Convert]

I've been calling around getting quotes today. I have a cover note from QBE while I shop around. I tried RAC (WA), QBE, Shannons and the Volkswagen dealer's insurance. They are all competitive with each other with some differences..

Hi Murph, Sorry to be the one to break this to you but it all maybe a wasted exercise. Not a lot of people in Australia are entirely aware that all insurers in Australia are run by or underwritten by 2 main organisations AIG being the majority holder of most insurance companies in Australia. They may list themsleves as seperate identities but they are all under the one umbrella, this is why our insurance premiums keep going up and all of them appear to be the same.

When you have a monopoly you can charge what you like without concequence.

The only win you will have is the minute detail, windscreen, hire car etc.

Good luck

[pologti18t]

It's a very strange condition. Some prick steals your car - no worries - have a hire car! The same moron steals someone else's car and drives it into your front quarter panel at 60k's - bad luck, you're on your own.

Which do you think is more likely to happen? Your car being stolen OR your car being in an accident requiring repair? The answer is obvious and its why the insurance companies give a hire car for one and not the other

You match what you need with the company. I dont need a hire car if my car needs repair... BUT Shannons doesn't charge a premium to pay by the month. Most other companies do.

I just read NRMA's site: If your vehicle is stolen, or damaged as a result of theft or attempted theft, we help to keep you on the road. We will refund you the cost of a hire car for up to 21 days.

That doesn't suggest that you get a hire car for accidental damage.

[mattyf83]

Hi Murph, Sorry to be the one to break this to you but it all maybe a wasted exercise. Not a lot of people in Australia are entirely aware that all insurers in Australia are run by or underwritten by 2 main organisations AIG being the majority holder of most insurance companies in Australia. They may list themsleves as seperate identities but they are all under the one umbrella, this is why our insurance premiums keep going up and all of them appear to be the same.

When you have a monopoly you can charge what you like without concequence.

The only win you will have is the minute detail, windscreen, hire car etc.

Good luck

AIG doesnt underwrite MV insurance in Australia

I think you mean IAG - CGU, NRMA, SGIO, RACV. I think you will find these companies are run independentley, with NRMA, SGIO and RACV servicing different areas and CGU being the commercial arm

The other main one is Suncorp Group - Suncorp, VERO, GIO, AAMI, Just car - again these are run independentley and premiums between their brands will differ. They dont compete with each other though following recent mergers will likely intergrate.

QBE is completley seperate

[elisiX]

Quotes so far for myself and my girl on a new GTI at ~$1300.

Both 27 rating 1 living in medium risk suburb in Sydney.

[isaw]

I just renewed my MKV with ammi for 770 with some listed mods (ECU, suspension, zorst), 25 (soon to be 26) carport, rating one but recent loss of licence.

Amazingly my premium went down from last year.. Go figure.

Only issue is no choice of repair, but if anything happened I'd be selling the car anyway

[GTI2708]

quite like shannons purely for tge reason that they are quite lenient with modifications and cover track days. They have good customer service in my opinion and were competivley priced.

[fuzion]

my 2psi

JustCar/AAMI cover you for modifications to you're vehicle such as chip tuning, turbo upgrade, brake upgrade, body kit, exhaust, stereo etc.

NRMA will void your coverages if the assesor deems your car modified. The PDS will tell you what they cover regarding wheels etc but to be quite honest its very minimal. So from experience over the years i would keep clear of NRMA if you intend to heavily modify your car.

If you intend just suspension, tints, towbar, sunroof and alloys go for it.

For my with the mk4, the porsche brakes, coilovers, chip, turbo, r32 bumpers etc is all covered as NRMA will not touched a chip-tuned car regardless of what they say. Deal with them everyday and know a lot of the assesors so be careful!

Regarding car hire.

Car hire is for 2 weeks max, after the 2 weeks with Thrifty its $32.50-42.50 dependant on car you chose (from getz [ecmr class] to falcon say [fcar class]) and the $9.90 liability drop from $550 to $110 (based on choice of if you take this).

For Hertz its the same sort of deal but with both Thrifty & Hertz through NRMA[CGU] you have to leave a $400 bond. And to be honest guys most cars in any damages usually take over 2 weeks to repair regardless so you're better borrowing a car of someone.

It's a handy thing to have but after spending 4 years with Thrifty i can say it doesn't benefit people that much.

Shannons require you to park the vehicle in a garage at your personal residence which for some people in the city isn't feesible which is the only downfall with them.

I got quoted $1400 for a mk6 gti (with modifications) through Just Car (age;2.

Choice of repairers regardless of what they say is up to the customer by law. ** However say you take it to a non approved repairer they will just not give you the lifetime guarantee they offer with they're own. Although if you know your repairer well such as my friends from Jade Auto Repair Centre they will look after you and make sure you're car is 100% regardless.

Shannons are probably the best to what they cover and who they will let you use to be quite honest, however they are Exxy..

Just spool for thought..

[Corey_R]

I've personally found Shannons to be just as good value as Aami.
However, AAMI and Justcar have refused to cover me and several of my friends with European cars for anywhere near the actual purchase price of the cars. Hell, when I tried to get a quote for a Mini Cooper S, the maximum they allowed was lower than the purchase of the base model without any options (not even metallic paint!). I'm not sure why you'd want to get insurance for only part of you car

[JonoB]

Golf Mk6 best insurance quotes ?

Need to take out insurance in Victoria.. any good quotes out there for a 118TSI DSG ?

[KWICKS]

These thread s are always silly - too many variable - post code, age, driving record, car, garage or not, etc, etc, etc, make comparisons almost meaningless.

[JonoB]

You are probably right.. but even with one driver such as myself, getting quotes from different people, I find huge differences between the quotes.

For my 118TSI I whipped up 3 quick quotes:

Bingle - $1073
Youi - $1046
AAMI - $586 !


(I'm rating 1, over 30, no criminal record )

[pologti18t]

You are probably right.. but even with one driver such as myself, getting quotes from different people, I find huge differences between the quotes.

For my 118TSI I whipped up 3 quick quotes:

Bingle - $1073
Youi - $1046
AAMI - $586 !


(I'm rating 1, over 30, no criminal record )

Haven't you answered your question then?

[coastie]

http://www.vwwatercooled.org.au/newforum/upload/showthread.php?t=35679&highlight=insurance

answered many times

[mattyf83]

http://www.vwwatercooled.org.au/newf...ight=insurance

answered many times

Go with AAMI, seems awfully cheap though

[JonoB]

Haven't you answered your question then?

Yep.. was on the phone hours to get those quotes, so thought I'd ask people for their suggestions but AAMI was a clear winner.