132tsi Insurance Agreed Value

[FlyTSI]

Hi all,

We are currently getting comprehensive insurance quotes for 132tsi with all options and have found the maximum agreed value offered by insurance companies is more than 10% less than the RRP (even with options selected on quote). I was just wondering if anyone else has noticed this and/or if I am missing something e.g. it does't include GST. I enquired with one of the insurance companies but they couldn't provide an answer.

Appreciate if anyone can provide more information or experiences.

Thanks Fly

[ian]

I had a new for old policy with GIO but when i moved to QLD , Suncorp refused to carry on with the policy and it lapsed to a normal agreed value policy,

[Errol1098]

A new car has a lot of government charges in the cost like Stamp Duty, GST. I'm with NRMA new for old policy to cover that aspect.

[Grugly]

A new car has a lot of government charges in the cost like Stamp Duty, GST. I'm with NRMA new for old policy to cover that aspect.

Yep, I went with new for old so agreed value was not required.

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[FlyTSI]

A new car has a lot of government charges in the cost like Stamp Duty, GST. I'm with NRMA new for old policy to cover that aspect.

Thanks. I notice a lot of companies offer new for old but was unsure how this fits in with market value/agreed value. I assume it reverts to your selected option after the new for old period has expired.