Comprehensive Insurance

Surferdude · **Reply #30: July 02, 2011, 02:59:19**

Dazz, We just got our H&C renewal from RACQ. $80 increase over last year so I went in and talked to them.
They explained how the floods etc have affected their costs in the way they "spread the load across other insurers ( I knew about that so it made sense).
Anyway we talked about excess options and we've gone with a higher excess on both house and contents (we're really only concerned about total loss anyway, and are SAVING $130 (nearly a 25% drop over last year).
It'll be interesting to see how our car insurance premiums jump up when they fall due. I'm less keen to increase the excess on them.

Dazzler · **Reply #31: July 02, 2011, 04:15:57**

That is interesting Trev.. I think all the RACs do somethings together but are all separate identities?

accim · **Reply #32: July 02, 2011, 08:15:01**

Hm, I'm sure I asked this question already before, but could anyone tell me, what does your comprehensive insurance for the car, cover?

Ok, you probably have different stuff included but is the "normal car insurance" covered in that price or do you pay "normal" insurance + comprehensive insur. + let's say additional $$ for windows, lights, replacement car while your car is being fixed.. ?

beerman · **Reply #33: July 02, 2011, 09:27:21**

I also think that they smash the premiums up in the hope that you just pay them. Then if you ring up and complane or have other quotes they make 'adjustments' because you are a good customer. If you don't then all better for them...

I get an insurance broker to check each year, just to be sure (though I found out recently they are owened by Suncorp, so now I'm less keen).....I have been with AAMI for 20 years, so I give them the last right of reply.

Dazzler · **Reply #34: July 02, 2011, 11:22:40**

Quote from: accim on July 02, 2011, 08:15:01

Ok, you probably have different stuff included but is the "normal car insurance" covered in that price or do you pay "normal" insurance + comprehensive insur. + let's say additional $$ for windows, lights, replacement car while your car is being fixed.. ?

Mine covers just about everything and you only pay the excess if you are at fault in an accident. I had the option to pay a little extra for the replacement car but as we have two cars and only I work (part time) we could live with one car for a few weeks..

I think around A$500 per annum for each car with agreed value is cheap compared to many European members rates..

accim · **Reply #35: July 02, 2011, 12:26:08**

Yes, great prices. That's what I wanted to ask. Our "regular" (normal, basic) insurance is for i30 let's say $AU 600 (of course with max discount) + another AU$ 600 for comprehensive.

For your Toyota, it would probably be those prices ×2. Btw, great car. Saw it in some movie the other day and I remembered

constipated · **Reply #36: July 02, 2011, 12:31:39**

It always surprises me the variation in comprehensive insurance costs throughout Australia. You guys mustn't be in Sydney, because the cheapest comprehensive insurance I could find from the major companies was around $700 and many others were closer to $850-$900 with maximum no claim bonus.

Dazzler · **Reply #37: July 02, 2011, 13:48:08**

Quote from: constipated on July 02, 2011, 12:31:39

It always surprises me the variation in comprehensive insurance costs throughout Australia. You guys mustn't be in Sydney, because the cheapest comprehensive insurance I could find from the major companies was around $700 and many others were closer to $850-$900 with maximum no claim bonus.

Bit cheaper in Tassie because car theft is less prevalent and much less traffic so I assume they consider less risk of damage?? (It has always been that way)

(Was dirt cheap a couple of years ago)

Quote from: accim on July 02, 2011, 12:26:08

For your Toyota, it would probably be those prices ×2. Btw, great car. Saw it in some movie the other day and I remembered

Thanks m8 .. I gave a new young guy from work a lift home on Friday night.. he was really interested in the Hybrid features quietness/ power etc... so I gave him a demo just running on electric and then floored it .. he was "Gobsmacked" try that in google translator

accim · **Reply #38: July 02, 2011, 19:21:25**

Quote from: Dazzler on July 02, 2011, 13:48:08

Quote from: constipated on July 02, 2011, 12:31:39
It always surprises me the variation in comprehensive insurance costs throughout Australia. You guys mustn't be in Sydney, because the cheapest comprehensive insurance I could find from the major companies was around $700 and many others were closer to $850-$900 with maximum no claim bonus.

Bit cheaper in Tassie because car theft is less prevalent and much less traffic so I assume they consider less risk of damage?? (It has always been that way) (Was dirt cheap a couple of years ago)

Quote from: accim on July 02, 2011, 12:26:08

For your Toyota, it would probably be those prices ×2. Btw, great car. Saw it in some movie the other day and I remembered
Thanks m8 .. I gave a new young guy from work a lift home on Friday night.. he was really interested in the Hybrid features quietness/ power etc... so I gave him a demo just running on electric and then floored it .. he was "Gobsmacked" try that in google translator

?

Dazzler · **Reply #39: July 02, 2011, 23:38:07**

Yep .. he looked like that but a lot younger...

2i30s · **Reply #40: July 03, 2011, 02:15:14**

Surferdude · **Reply #41: July 03, 2011, 04:37:14**

Quote from: constipated on July 02, 2011, 12:31:39

It always surprises me the variation in comprehensive insurance costs throughout Australia. You guys mustn't be in Sydney, because the cheapest comprehensive insurance I could find from the major companies was around $700 and many others were closer to $850-$900 with maximum no claim bonus.

It varies by postcode too. We were in Sydney for 14 years at postcode 2154 and there wasn't a big jump when we moved back to Qld. Some others we knew were in different postcodes and paying considerably more for similar vehicles.

Ugly Mongrel · **Reply #42: July 04, 2011, 06:09:58**

Something for the boaties

Dazzler · **Reply #43: July 04, 2011, 10:13:03**

Now that is Typical Ozzie humour for our overseas members...

unfamilia · **Reply #44: July 05, 2011, 11:12:24**

i got comp for a smidge over $700 with a secured loan and inner city melbourne. very good price.

i never go with rac variants- they price to their targeted high proit low risk suburbs at expense to the low risk high expense (payout) markets.

(i worked in insurance for a few years and know the way it works and risk calculators etc) the biggest sham of all is multi policy discounts offered by rac products.

$1900 for an i30 crdi auto in my suburb compared to the next highest $1300 then $900 and even had one under my price but didnt trust the underwirter of the policy- not the company selling it.

Its never best to shop on price, especially for insurance, you need the benefits when you need them most, not when you dont use them, so paying $50 for a windscreen and maximum ncb/rating protection cost me all up $30 more than the cheapest but through a reputable company. sure its not aami or others who offer ncb/rating one for life, but i paid for it to be protected and thats as many claims at fault in a year and its still protected.

so $280 odd for sunshine coast is about right for the ammount of i30's in that ara and risk associated with the a car in that area.

Surferdude · **Reply #45: July 11, 2011, 03:01:07**

Quote from: unfamilia on July 05, 2011, 11:12:24

so $280 odd for sunshine coast is about right for the ammount of i30's in that ara and risk associated with the a car in that area.

There are a lot of i30's in this area so does that fit with what you are saying? And I AM with RACQ and shopped around pretty heavily (one of the benefits of being semi retired). And RACQ are pretty well respected, as well as being the cheapest. Yes we got all sorts of allowances but they were on offer at other companies as well.
You can get cheaper with Youi and another budget on line mob but as far as I'm concerned they've yet to prove themselves.

unfamilia · **Reply #46: July 12, 2011, 09:50:13**

Yeah that Can be right, a large volume of similar cars in one area and low claim rate can make cheap premiums. Also you rarely find they are all insured with the same company unless the company is targeting that market. So heavily discounting there to win business at expense if other areas.

Are they all the same spec and transmission too? Eg all manual sx and yours auto slx. Same goes deisel and petrol, hatch vs sedan. They can all affect premium ultimately. Same as gender and age. The risk engines are endless, especially if you then factor in accessories and modifications. But computers do it all, but learning the engine parameters if you can helps understand when you leave the business

Surferdude · **Reply #47: July 12, 2011, 09:59:23**

Quote from: unfamilia on July 12, 2011, 09:50:13

Yeah that Can be right, a large volume of similar cars in one area and low claim rate can make cheap premiums. Also you rarely find they are all insured with the same company unless the company is targeting that market. So heavily discounting there to win business at expense if other areas.

Are they all the same spec and transmission too? Eg all manual sx and yours auto slx. Same goes deisel and petrol, hatch vs sedan. They can all affect premium ultimately. Same as gender and age. The risk engines are endless, especially if you then factor in accessories and modifications. But computers do it all, but learning the engine parameters if you can helps understand when you leave the business

I can't speak for the MOB with each company but there seems to be a pretty fair spread of engine and drive train options as well as a wide age bracket.

unfamilia · **Reply #48: July 12, 2011, 12:45:46**

sure they are not all hire cars up there, heaps at all the car rental places here.

either way it work out well for your insurance.
im waiting anohter yr or 2 of depreciation and move it back to shannons.

Surferdude · **Reply #49: July 12, 2011, 22:45:09**

Quote from: unfamilia on July 12, 2011, 12:45:46

sure they are not all hire cars up there, heaps at all the car rental places here.

either way it work out well for your insurance.
im waiting anohter yr or 2 of depreciation and move it back to shannons.

Pretty sure. Most hire cars have a sticker on th eback window which gives them away.
Plenty of Getz hire cars get(z)ing around

There are a lot of government owned i30's around. esp in Brisbane but I imagine they would be self insured and not come into the figures.

Dazzler · **Reply #50: July 12, 2011, 22:58:35**

Quote from: surferdude on July 12, 2011, 22:45:09

Pretty sure. Most hire cars have a sticker on th eback window which gives them away.
Plenty of Getz hire cars get(z)ing around

I used to like it when they had an obvious Autorent Hertz sticker or something on the back so some people gave you courtesy for being a tourist ... but a lot of them now (down here anyway) just have a very small barcode sticker on the back window which is barely visible.

Ultralights · **Reply #51: July 13, 2011, 04:26:29**

Inner city Sutherland shire, between 30 and 40 yr old driver, max 60% no claim locked in, and nevr an at fault accident, cheapest quote, $910, max was $1490. ahhhh Sydney, the City of the al time rippoff because we can..

unfamilia · **Reply #52: July 13, 2011, 20:48:45**

At least your taking it like a man, between 30-40years old

Dazzler · **Reply #53: July 13, 2011, 22:39:51**

Quote from: unfamilia on July 13, 2011, 20:48:45

At least your taking it like a man, between 30-40years old

Lakes · **Reply #54: July 15, 2011, 22:22:22**

Well, cost me $850 for compehencive with Betsy on last renewal.
then I got the New i30 SLX CRDi and when i was getting a bank cheque to go and pay. the girl asked if i had insurance, as they do that there & could do a great price. so i said ok & she gives me full cover on " Crystal "the new SLX CRDi for $498. so happy.

Dazzler · **Reply #55: July 15, 2011, 22:35:18**

That's great John (for Sydney)

I mentioned earlier in the thread that I have commited to go with RACT on both our cars from later this month at a bit over $1000 all up after combo discounts etc.. and a $400 excess.. Bit dearer than I had hoped but as I said talking Agreed value and excellent glass cover..

Anyway, got another email regarding Coles insurance so decided to get quotes just in case they were heaps cheaper but for the same cover on the Hybrid ($37K agreed value) and only one windscreen per annum it was around $500 with $500 excess

AND when I tried to get a quote on Trish's CW it was + so much for this and + so much for that and they would only let me go to $22K agreed value not $24K as nominated with RACT. Then when I put that it had a spoiler and alloys etc.. it said please ring us ...

(so I decided not worth bothering as was looking like it was going to be close to the RACT figure with slighly higher excess and lesser agreed value on Trish's car