Just Car Agreed Value Of 9000

[123456]

Hmm so my insurance has just came up for renewal ($500 lower than last year) and i've noticed that the agree value on the car is only $9000, i dont remember agreeing to $9000.. $9000 would buy a R32 Auto Non turbo with bad paint and mine is the opposite, anyway i've tried ringing and can't get through, but if i press the whole first owner out of japan good condition great engine thing will the bump it up? It's worth around 11.5 i reckon

[Mavric]

Hmm so my insurance has just came up for renewal ($500 lower than last year) and i've noticed that the agree value on the car is only $9000, i dont remember agreeing to $9000.. $9000 would buy a R32 Auto Non turbo with bad paint and mine is the opposite, anyway i've tried ringing and can't get through, but if i press the whole first owner out of japan good condition great engine thing will the bump it up? It's worth around 11.5 i reckon

you will find this is normal these days for Just cars they are good at doing this.. I had the same problem with my car dropped $1500 within 3 days with a new paint job...

Call shannons they are agreed value may cost a bit more to have a higher value but worth it if something goes wrong.

[dezz]

Its called depreciation...

If they agreed it was worth $X last year, then it has depreciated over that year to $Y this year....

if you want a higher value, you'll have to pay a higher premium.

[123456]

Well last year it was worth $9k too i think i just originally didnt notice/care they put it so low >.<

Um i don't think shannons is an option for me, i'm only 20 and i rang them when i was 18 and they told me they couldnt insure a P-Plater turbo car, is that right?

I'll ring them and hopefully they don't bump the premium up too much

[Mavric]

Yea if u ring shannons and keep calling untill someone says yes thats what id do lol

[Dahtone Racing]

Just Cars suck

they insured my N15 SSS for an agreed value of $7400

AAMI insured it for an agreed value of $14K

in short JCI sucks

[Modena]

ill need to shop around soon... im with Just Cars.

[Helio]

Just Cars suck

they insured my N15 SSS for an agreed value of $7400

AAMI insured it for an agreed value of $14K

in short JCI sucks

Thats funny because Just Car is underwritten by AAMI. You think that they would be simillar

[Dahtone Racing]

thats what i thought

but i guess not

[khunjeng]

Thats funny because Just Car is underwritten by AAMI. You think that they would be simillar

AAMI wont insure grey imports mate. Just Cars will and yes its underwritten by AAMI.

[_8OO5TED_]

you could pick up a 5spd turbo R32 GTS-t for $9K.

My guess is thats the value Just Cars considers to be the market value. A true agreed value should only be valid for the term of the insurance contract, which is usually 12mths. After that, its a new agreement. if your not happy with $9K, call them and tell them that and see what else they offer.

[Justin O]

If you think your car is worth more, call the customer relations department.

Open 8 till 8 Weekdays.

Agreed value is what we agree to insure your car for.

[cln]

something might be up, my car is insured for abit more than 11 as when i said i installed my fmic they bumped up how much its worth. Other than my fmic my car is listed as stock though.. not even a sound system :S

[ebola]

Agreed value means they insure it for what you tell them, and pay the premium to match. Of course, they have to agree, but that shouldn't be a problem if you are reasonable. There is a clear distinction between MARKET and AGREED value.

I played around with their calculator. Anything less than 10k has the same rate as 10k (9, 9.5), so I'd push the agreed value up to that (eg - same premium).

Once you state a number past 10k, they pass the risk onto your premium (Damn Actuaries)

use the online quote tool to check this youself.