Insurance

[mozzzy_2000]

I realise this may be a personal & private issue but I was wondering what other forum members here are paying for the insurance of their Polo GTI?

I am insured with Lumley. I am 38, have an excess of $200 and my insurance for the next year just came in at $660. I was wondering how that shapes up with everyone else? Anyone willing to share what they're currently paying?

Cheers

[Timbo]

Before you start another thread, it's handy to search. There's at least 10 previous threads with "insurance" in the title, in the Polo sub-forum

[mozzzy_2000]

Before you start another thread, it's handy to search. There's at least 10 previous threads with "insurance" in the title, in the Polo sub-forum

Oh ok Tim. With all due respects I did do a search because I knew you guys would jump on me buy I couldn't bring up anything specific to insurance premiums. Lots of threads mentioning insurance but fairly non-specific. Care to point me in the right direction?
cheers

[Blitzen]

Here are some...

http://www.vwwatercooled.org.au/newforum/upload/showthread.php?t=18199&highlight=Polo+insurance

http://www.vwwatercooled.org.au/newforum/upload/showthread.php?t=19225&highlight=Polo+insurance

http://www.vwwatercooled.org.au/newforum/upload/showthread.php?t=13275&highlight=TIO

[Gti Dave]

Hi mate, I'm 27, insured with AAMI and paid around $900 full comprehensive covering, forge tip, ecu tune, FMIC intercooler and other after market pipes and hoses. Excess is currently $550 I think (off the top of my head).

So I reckon your insurance premium is really cheap especially with excess of only $200 bucks. If only mine were that cheap

Hope this helps.

[Spec83]

I am 25 in Brisbane, Raiting 1 for life and pay $560 with NRMA for agreed value, hire car and full glass cover... Excess is around the $400 mark I think

[gareth_oau]

if you guys are going to compare premiums, then you need to advise the value the car is covered for, and if its market or agreed. these are 2 variables that have big impacts on premiums

[Spec83]

Mines agreed value - $22,500

[mozzzy_2000]

Here are some...

http://www.vwwatercooled.org.au/newforum/upload/showthread.php?t=18199&highlight=Polo+insurance

http://www.vwwatercooled.org.au/newforum/upload/showthread.php?t=19225&highlight=Polo+insurance

http://www.vwwatercooled.org.au/newf...&highlight=TIO

Thanks Blitzen. Obviously I am not quite so "search" savy as the rest! Appologies.

Anyway very true, I guess the value is significant to the calculation. Mine is also agreed value of $25400. Although technically they came up with that figure not me.
So I guess my premium sounds about right then. Still pretty dear tho none the less.

[gareth_oau]

Ive posted this elsewhere, but a tip for you all, if you are buying a new car.

"Agreed Value" policies cost around 20% more than an identical, "Market Value" policy, however, most are willing to pay the extra premium for peace of mind.

However, if you are buying a new car, most policies have a 'new for old' replacement clause, usually for 1, 2 or even 3 years.

If this is the case, then it is only necessary to buy market value policy, whilst the new for old period is valid (saving yourself 20% p.a for that period), and then convert to an 'agreed value' policy, after the new for old period has expired.

[Blitzen]

Thanks Blitzen. Obviously I am not quite so "search" savy as the rest! Appologies.

Hahahahaha...No worries man. I just typed in 'Polo Insurance' into the search bar, and they were the 3 most relevant threads for what you were after...About 25 pages of threads came up though.