Insurance

[youngsta]

Just wondering who would be the best company to go with for my Toyota Supra 1994 RZ

Running a bit low on cash after just buying the car so I cant pay the full 12 month cost of Just Car Insurance and would prefer something by the month.. any help would be appreciated.. thank you.

I am in postcode 5114

Rating 4 Driver

18 years old

[AZZA]

Personally mate im sick of the whole insurance thing and am highly considering not to worry about comprehensive anyway. As you pay them s*#t loads of money and then when you have a problem all they try to do is get out of it and slug you another 800 to 1500 excess because of your age or your rating and then when you have an acident your rating is stuffed again. What im planing on doing is putting the money awat that i would have spent on insurance and if there is an acident that is my fault then i will have the money to pay for it.

However all this considered i currently have insurance through elders for GTS-t and its costing me 900 so maby its something you can look into.

Hope you have success with it mate.

[vange]

when i got my first 33 i was quoted $3500 at 20yo. i said get lost and just got 3rd party, and like azza said, full comp at that amount isnt worth it, might as well pay 4 damage urself...im with just car $1100 rating 2 22yo...dunno if they do monthly...some guys in adelaide do it, deluxe was telling me...ill find out

[HR-32]

yeah doesnt matter which insurance company you choose, you will be paying a sh@#load!

18 years of age, turbo , 6 cylinder, coupe, possibly jap import!

If you go for insurance just in your name then yeah...............how about being a part driver on your parent's insurance??

[pkblade]

Just Car is generally the cheapest coz u pay upfront but, yeah their excess is ridiculous for U/25s. Ur premiums & excess wont really get any lower till ur over 21.

You might want to try Famous Car Insurance, pretty sure they offer instalment plans.

[Nightcrawler]

under no circumstances should anyone ever drive without 3rd party property at the least, or preferably full comprehensive insurance. I strongly think the government should make it the law. If you have an accident things are always much worse if you don't have an insurance company doing the running around for you.

Best option might be to try the 'Mum or Dad shared policy' where you might have to fib a bit and say they drive it 51% of the time.

No matter what, it is just not worth not having insurance. Sorry but Azza's idea is nonsense - you never know when you are going to have an accident, and imagine how crap your life would be for many years if you ran up the back of someone tomorrow and wrote both cars off. I don't think you could comprehend the pain you would feel.

[Tangles]

LOL

Try Shannons, pay by month option.

[vange]

we got a work van only valued 6k, and was parked at front of our office 1 nite by mistake, had no insurance cos never drive it, and the 1 night left on the street, a guy hit it at 60kmh. total damage = 5k which is a write off...and this guy had no insurance as well...not even 3rd party...so now owes us a 6k van and his car is written off too......moral of story: get 3rd party at least

[Silver bullet]

You've got to look at the odds here

What is the risk? What are the chances of having an accident, what is your car worth, are you shit behind the wheel?

If you are going to pay $2,500/pa with a $1500 excess on a car worth $12,000, Then you would have to have an accident in the first year with more than $4000 damage before it's worth it. In your second year if you have an accident your accident would have to do $6500 damage to break even and so on. In this scenario I would put my money in the bank and get 3rd party property insurance.

If your car is worth around 30K and the comprehensive insurance costs around $500/pa, get full comp

If you don't choose to have full comp, you must get 3rd party property insurance, unless you are in a position to replace a $100,000+ car you might crash into.

Insure what you can't afford to loose

Edited March 7, 2006 by Silver bullet

[Nightcrawler]

sort of true, except what when you borrow say $10,000 to buy the car with say $100 per week repayments, then write it off the 2nd time you drive it due to slippery roads, than have to keep making $100 per week repayments and can't afford another car, so walk for 2 years.

Don't insure if you don't mind walking everywhere

[chops]

5114 is not a favoured post code by insurers for theft risk either, so expect to pay a little more than average based on that fact.

[Silver bullet]

The moral of the story is

If you can't afford the insurance, buy a toyota corolla

[Deluxe]

The moral of the story is

If you can't afford the insurance, buy a toyota corolla

Hey hey ease up on the Corolla buddy........ I have a 79 KE55 i drive as my daily(to keep the Km's down on the Line) and i have that insured as well as my Skyline thru Shannons, Full Comp obviously on the Skyline and 3rd Party on the Corolla. Insureance is a bitch but hey if your car is stolen and and burnt out(like my Bro in Laws Audi) then you will get some cash back in Full Comp! You might still loose out but at least your not loosing out all of it!

Edited March 8, 2006 by Deluxe

[Tangles]

sort of true, except what when you borrow say $10,000 to buy the car with say $100 per week repayments, then write it off the 2nd time you drive it due to slippery roads, than have to keep making $100 per week repayments and can't afford another car, so walk for 2 years.

Don't insure if you don't mind walking everywhere

If you've borrowed money from a Lending Institution, then it is generally stipulated within the policy that if you've borrowed the money from said L.I. to puchase a vehilce or property then comprehensive insurance is a must.

[Nightcrawler]

true, but what if you borrowed the $$ from your old man

[Tangles]

true, but what if you borrowed the $$ from your old man

I know, thought that as I wrote.... but if youve borrowed from friend/family then you owe it to them to be able to cover the debt, again comp insurance is the go in that situation.

[Deluxe]

what about Personal Loans? they don't need insurance for vehicles! Hell they don't even need to know what your buying.....LOL

[Whiplash]

You've got to look at the odds here

What is the risk? What are the chances of having an accident, what is your car worth, are you shit behind the wheel?

Its not me that I am worried about, have you seen some of the idiots out on the road.

[Faircall01]

hey man,

I just recently bought a r32 GTR..... and got all my insurance through just cars, they charged me $2100.00

and an $1800 excess.... but if you are going to get a nice car you gotta have insurance.

anything could happen on the road ive nearly been hit twice by people who wernt paying attention to what they were doing....

[KISIN]

got my R33 gtst s2 3 weeks ago $900 comprahensive with RAA $1500 excess.

Edited March 8, 2006 by KISIN