So I live in Sydney and I've had the pleasure of owning a Beautiful R34 GTT for the past two years after importing it from Japan. Love her to Bits!
But Unfortunately living in Sydney means paying and arm and a leg for insurance just to be able to drive my baby around.
Now I've found plenty of posts/topics on here about what everyone pays for their Insurance BUT they don't live in Sydney! Mostly Perth Adelaide Brisbane etc and their annual premiums seem extremly afforadable compared to what i have to pay.
So Im just wondering what other Sydney people pay for the R34's Insurance and if there are any other insurance companies out there that could offer me a better deal that i haven't heard of yet?
I'm currently insured with Shannon's and just got my renewal. $2200 premium and a $600 excess with an agreed value of $23500. Agreed Value dropped down from the agreed $30000 last year so firstly im not real impressed with that! Especially since the premium only dropped $200.. is that normal?? Loss of $6500 = $200 less?
By the time Green slip and Rego are payed I'm up for about $3000+ each year!
So I'm 26 Years old and I remember back when i was a teenager wishing I could hurry up and get past 25 so that I could afford to insure/purchase a nice car. I finally get here and find that the over 25 = cheaper insurance deal has now risen to 30 year olds and above. I bet by the time I get to 30 it will have risen to 40 L
Ive got a Clean record except for two minor speeding fines in the past 5 years. Have had my Licence for about 10 years and have NEVER made a claim.
I usually keep in a locked garage day and night and don't drive her all that often. E.g. Some nights after work, some weekends etc. More than twice a month but less than twice a week... usually.
Current Mods listed on my insurance with Shannon's:
Arc Front Mount Intercooler
Full Apexi exhaust
D5r 18inch Alloys
Eastbear Body Kit
Slotted Rotors
Apexi Pod Filter
Excedy Clutch
Rsr SportsI Suspension/lowered
East Bear Carbon Fibre Bonnett
HKS Blow Off Valve
Head unit, splits, amps, subs etc
I have a Immobiliser/alarm with sim card that text's and calls me when the alarm goes off.
Now I've rang a few companies and got the following quotes (well the ones that would even consider touching me in Sydney with an R34)
Just Car insurance: $2200 premium with $600 excess. All mods Listed. (Same as my Shannon's renewal) If I was to raise my excess to $1400 then my premium would drop to about $1600-$1700. Not too bad but at the same time if something does happen then I'm up for $1400 bucks! Plus from friends and on here I've herd they can sometimes be difficult to get them to pay out.
Shannon's insurance: As stated above $2200 with $600 excess. All Mods Listed. No choice to increase the excess tho. Advantage is that from what I've herd that are the best at what they do and no one has had problems making claims. Big Plus!
Famous insurance: Have recently changed their policies to only allow over 30 years olds L Talked to the guy on the phone for a bit and had I been over 30 for a standard r34 he estimated about $1600 - $1800. But i didn't mention any mods so could possibly be more.
Dawes: $1600 premium, $750 excess with all mods listed. Sounds good right! WRONG.. there is a special clause that says that my car HAS to be parked in my lock up garage between 10pm and 5am. Thats what they call "Overnight" If its parked anywhere else between those hours and something happens it isn't covered. E.g. 10:30pm I drop into a mates place or park at a servo or even perhaps macca's and some fool drives into my car or its gets stolen and I'm F**ked. I'm not about to take that risk especially since i occasionally drive and stay at mates places and or to my parents place 5 hours away and can't exactly get back to my garage every night.
Suncorp: About $3000 premium $2000 excess. Only insure to market value which is sweet FA compared to what I think she is worth.
Lumley Special Vehicles: Don't insure Skylines anymore – only classic cars.
Young and Cool: Now Famous Insurance – see above
Ryno insurance: Wont insure Skylines
Prestige Car Insurance: Now Lumley Special Vehicles – see above
Unique Car Insurance: Now Lumley Special Vehicles – see above
Street Tech Modified Vehicle Insurance: Lost underwriter so no longer doing insurance.
AAMI, NRMA, and all the other normal car insurance companies either won't touch a Skyline or expect 4000+ and only insure for market value.. didn't even try explaining it had mods. And get this NRMA valued the car at $9000 WTF????
Are there any insurance brokers that want to take up the challenge? I've heard they can get insurance from companies that the normal public cant?
Ideally I would be happy for insurance with my agreed value for around $1600-$1800 mark but after the many hours I've already spent looking into this I'm thinking I'm just going to have to bite the bullet and pay.
So now I'm curious to see what everyone else in Sydney with an R34 pays???
BTW, these two sites gave me a lot of ideas for companies to try.. even though these lists are extremely outdated that did point me in the direction of some companies I had never heard of.
http://www.importdriver.com.au/insurance.htm
http://www.prestigemotorsport.com.au/modul...rticle.php?t=35