Problem with insurance

[silviaz]

So I been shopping around for insurance and the agreed market value is complete bullshit. On average a 3.5k valuation for a Nissan Silvia that sells for at LEAST 8k on auction regardless of the condition. Just looking to get opinions if anyone here thinks 3rd party is worth it, cause comprehensive doesn't seem to be. i tried also Shannon's but because under 26, premium was off the charts, worse than any other insurer.

[GTSBoy]

Unless you go with Shannons or Enthusiast or equivalent, proper agreed value is pretty much not an option.

[PranK]

Yeah, seems not much has changed since I was under 26.

Basically, you want the other car covered as it could be a Pagani and you want as much back after that as possible. Usually, the second part left you with only half the funds needed.

Not sure if they are still around, but SAU members used to get a good deal with Famous Insurance. 

[silviaz]

looks like yous are right. The other problem is car theft for this sort of car. I heard gps trackers are good but also hear they get stolen quite alot even with some of them in there.

[PranK]

Did you reach out to Famous Insurance? 

https://famousinsurance.com.au/?gclid=Cj0KCQiAkePyBRCEARIsAMy5Scsns3m0QVLtR8qgScnxwrfC4UfdTQ6Bf6Ws7kDC6VZYMzMh6xNiBPgaAtPmEALw_wcB

[silviaz]

4 hours ago, PranK said:

Did you reach out to Famous Insurance? 

https://famousinsurance.com.au/?gclid=Cj0KCQiAkePyBRCEARIsAMy5Scsns3m0QVLtR8qgScnxwrfC4UfdTQ6Bf6Ws7kDC6VZYMzMh6xNiBPgaAtPmEALw_wcB

Yeah they cant insure if your under 30.

[vabbs]

So I been shopping around for insurance and therefore the agreed market price is complete bullshit. on the average a 3.5k valuation for a Nissan Silvia that sells for a minimum of 8k on auction no matter the condition. Just looking to urge opinions if anyone here thinks 3rd party is worthwhile , cause comprehensive doesn't seem to be. i attempted also Shannon's but because under 26, premium was off the charts, worse than the other insurer.

 

[Ben C34]

What is
The link.

I shall not click it, I will report it

 

[Tardo]

I just ditched Famous for my MspecNur after they jacked my premium up 53%! Peter said their underwriter blindsided them end of Feb. I told him price hikes like that would put them out of business. Got a good deal from Shannons in the end.

[Duncan]

Check out Lumley as well. My experience with Shannons is they were great with taking premiums, not so fair and reasonable with paying claims which I kind of thought was the point of insurance...