Inconsistency Of Insurance Quotes...

[Phil Megroin]

Hey,

As i am in the process of renewing my insurance premium, i have been trying to shop around for some decent quotes.

After doing my research on the various jap import forums it seems as though insurance companies (namely Just Cars) give out somewhat "arbitrary" or "random" quotes.

Now i use this term loosely because i'm sure its based on some criteria..

But i am 19, 93 R32 GTST with usual mods - exhaust, pod, kit, EBC, lowered and boost guage..

I am also on a rating 4 NCB which is 30% and my renewal has been quoted at $2941. Whats the go with this?

I've read around where others are driving similar cars (R33's or the like) same age, same details.. have theirs for under 2K.

So in light of this i decided to ring Just Cars again and ask for a quote (posing as a new customer) with the same car. Got quoted 3002.

To me, it seems as though as long as i'm willing to call heaps and get a whole bucketload of quotes i'll eventually get a reasonable one.

[RellikZephyr]

DAMN! thats expensive!

im 23 and own a R32 Gtr and insurance for me is only $1200 (just car insurance)

with the mods, exhaust, dump pipes, pod filters, twin plate clutch, triple core radiator, coil over suspension and stereo (under $500, just new headunit)

only thing i needed for them to insure me was 2 point immobiliser, of which i have a alarm and 3 point immobiliser

rang the first time got quoted $1400 then rang again to confirm for WHEN i got the car and it went down to $1300 then rang again to actually GET insurance and went down again to $1200

so hmmm i would keep ringing around if i were you

OH and they automatically gave me a rating 1 (i was on rating 4 with last insurance company) and even gave me the option of rating 1 for life (for $50 I TOOK IT)

Good Luck

RellikZephyr

Edited October 26, 2005 by RellikZephyr

[Boostzor]

So u gave them EXACTLY the same details? something as simple as a post code can change the quote u know.

[RellikZephyr]

each time i rang back yes i gave them EXACTILY same details

i was SURE i did this as i didnt want them ever saying Oh wait but you didnt mention that when you got your insurance so we cant give you your money

i MADE SURE of it

RellikZephyr

[Phil Megroin]

RellikZypher - yeah i know its damn expensive.. i have no idea how others get such cheap premiums..

Mines very lightly modded and i have a clean driving record...

Boostzor - Yep when i called back i even omitted a detail... I didnt tell them i also had a boost guage.. and this seemed to increase the premium? .. go figure..

Well i guess i'll keep calling back then.. Any tips on gettin a lower quote?

Do you guys declare EVERYTHING on to the insurers? Even piddly little things.. like boost guages or tinted windows? I mean obivously its the moral thing to do.. but how will they know otherwise?

[RellikZephyr]

yes i tell them everything but not for the moral thing but to make sure they fix EVERYTHING on my car in the event of a bad thing (touch wood and dont wanna name it may jinx me) if i have paid for it on my car if i break it i wanna make sure they fix it back to the way it was and nothing less

RellikZephyr

[Boostzor]

I think its probably a case of the person on the phone having to "class" what you are telling them.

So u say u have a pillar guage and they are like "hmmm what would that come under ill put it as...ummmm undercarriage"

Remember call centre ppl have high turnover rates so you are never going to get the same level of trianing with each person you call.

Ive done the same test with a life insurance company and had the same result too.

U could always keep calling and try ure luck, make sure u get the quote number though

[Phil Megroin]

Yep i have a good 3 weeks before i need to renew so i shall keep calling em..

Just hope i dont get the same person twice who recognises me...

[xRHETTx]

Do the online quote an see what you get...

And im pretty sure rating 4 is only 20% NCB.

You must live somewhere like Sydney?

[BL01]

I'm pretty sure in insurance companies, the 'agent' you talk to on the phone earns a commission off you. Try calling them up again and again and see what qoutes can they give you. It shouldn't vary that much to be honest. I had an R33 GTST S2 with exhaust, fmic and 18", i was qouted with $1140 when i was 21.

[Phil Megroin]

xRHETTx - i'm pretty sure rating 4 is 30%.. coz rating 6 is 0, rating 5 is 20%..

BL01 - hmmm if thats the case then i'll keep calling back to see how i go.

[_8OO5TED_]

PM sent Phil Megroin......

[Kaz200]

I hope your tinted windows are a legal tint caus its a very easy way for them to get out of paying a claim.

Aren't EBC's illegal? Also another way for them to take your money but not pay a claim.

The only mods they cover are LEGAL mods and they do have a device they put over the windows to check the tint. If you have illegal mods<>driving an UNRW car they won't give you squat unless the cars stolen and never recovered (& unless of course you listed the illegal mods on the policy).

Anyhow I imagine that quote is about right for someone with a rating 4. Are you sure the others your age didn't have a higher rating?

[bLiNk]

A friend and I where discussing this a while back. First we got a quote for my postcode. Then with exacly the same details we got a quote for his postcode. The price literally doubled for my postcode simply because its 50 min closer to the city than his. That was with justcars. It really must be all about location location. Guess that explains some of the price variations but it still seems fairly random.

[Kaz200]

yep our insurance went up when we moved due to the postcode (both with shannons and just cars) but also went down due to more secure parking.. so in the end even with a more expensive postcode it was a little bit cheaper.

[FOG35]

i got quoted $2093 (justcars) for a gts-t r32 with $2000 wheels, 3" exhaust, tint, body kit, lowered suspension and im 18 with no penilties. i recon i got a pretty good quote.

Edited October 27, 2005 by arh32

[leech_]

I'm pretty sure in insurance companies, the 'agent' you talk to on the phone earns a commission off you. Try calling them up again and again and see what qoutes can they give you. It shouldn't vary that much to be honest. I had an R33 GTST S2 with exhaust, fmic and 18", i was qouted with $1140 when i was 21.

<{POST_SNAPBACK}>

are you sure of that not saying you are a liar but i am 22 with the same mods well maybe on or two more, perfect driving record and rating 1 and i am paying like $1700

[_8OO5TED_]

Hey,

As i am in the process of renewing my insurance premium, i have been trying to shop around for some decent quotes.

After doing my research on the various jap import forums it seems as though insurance companies (namely Just Cars) give out somewhat "arbitrary" or "random" quotes.

Now i use this term loosely because i'm sure its based on some criteria..

But i am 19, 93 R32 GTST with usual mods - exhaust, pod, kit, EBC, lowered and boost guage..

I am also on a rating 4 NCB which is 30% and my renewal has been quoted at $2941. Whats the go with this?

I've read around where others are driving similar cars (R33's or the like) same age, same details.. have theirs for under 2K.

So in light of this i decided to ring Just Cars again and ask for a quote (posing as a new customer) with the same car. Got quoted 3002.

To me, it seems as though as long as i'm willing to call heaps and get a whole bucketload of quotes i'll eventually get a reasonable one.

<{POST_SNAPBACK}>

Hope I could help ya out dude

[StageZilla]

1997 stagea rb25det auto - $1150

1997 stagea with rb26 and manual $1200

thats from just cars for 22 year old, very good driving record, and 60% no claims.

couldnt believe its only $50 more for a rb26, just shows they dont have a clue

note: both qoutes the car was valued at $20K

Edited November 1, 2005 by StageZilla

[jake32]

1997 stagea rb25det auto - $1150

1997 stagea with rb26 and manual $1200

thats from just cars for 22 year old, very good driving record, and 60% no claims.

couldnt believe its only $50 more for a rb26, just shows they dont have a clue 

note: both qoutes the car was valued at $20K

<{POST_SNAPBACK}>

my stagea is with them.. brisbane $ 1300@ 50k...friend in sydney city same car ..same value..same ncb...same insurance company ..his is $2400...

postcode has a lot to do with premiums on these sort of cars