Insurance - expensive for 206cc? Comments?

ms_lise · Post by **ms_lise** » Thu Jan 06, 2005 9:17 am

After shopping for insurance quotes for the car on the way, I've begun to realise it's going to cost me a fair bit.

Have you guys got any suggestions for a company to try? Who do you insure through? I realise it's a convertible, but surely it can't make it THAT more expensive? It's only a 1.6lt engine.

Suggestions? Anyone else think the insurance is pretty expensive?

T_J · Post by **T_J** » Thu Jan 06, 2005 10:08 am

I use Prudential. There website is www.pru.co.uk and they offer 5% if you take the insurance online.

I have a 1.6s

Dan · Post by **Dan** » Thu Jan 06, 2005 10:10 am

i have a 1.6l and am insured with http://www.elephant.co.uk , it was the cheapest at Â£1600

but go to http://www.confused.com they will search atleast 20 insurance companies for you and give you the cheapest... easy peasy

gmanz · Post by **gmanz** » Thu Jan 06, 2005 10:17 am

i'm insured thru nrma and it cost me about $2500.... at 45% no claim....

gmanz · Post by **gmanz** » Thu Jan 06, 2005 10:21 am

TRY WWW.JUSTCARINSURANCE.COM.AU or shannon insurance..... if aami accepts u can try adjusting so your excess is higher and your premium is lower

Steven · Post by **Steven** » Thu Jan 06, 2005 12:02 pm

I have a 2.0L CC - I'm insured with NRMA - cost me $567.81

That's the price you get if you're over 25 AND you have your greenslip with them AND your house contents AND you don't live in Sydney!

Steve

ms_lise · Post by **ms_lise** » Thu Jan 06, 2005 1:46 pm

$506? Lucky

Thanks for the UK tips but unfortunately they wont help too much here in Australia!

And thanks, I have checked out Just Cars, but not sure of them as an insurer... and AAMI wont give me a go yet.

Oh well, it's all worth it!

MR2SLY · Post by **MR2SLY** » Thu Jan 06, 2005 2:04 pm

I'm insured through NRMA. It's expensive, but at least they have the option to pay monthly .... which makes it a bit easier on the wallet.

Ed_shek · Post by **Ed_shek** » Thu Jan 06, 2005 2:14 pm

Try

www.lloydstsbinsurance.co.uk

I've been with these for 4 years and they've always been the cheapest for me! Even with my 6 penalty points.

ms_lise · Post by **ms_lise** » Fri Jan 07, 2005 12:04 am

Just in case this helps anyone:

I found Just Cars to be the cheapest, but they dont offer choice of repairer, and they are one payment up front.

CGU (www.cgu.com.au) are the next cheapest (for me), have good features ie choice of repairer, new car replacement for 2-3 years and pay by the month for no extra cost. Thay also don't load the premium if you have finance on the car. They were cheaper than NRMA and NRMA charges extra to pay by the month.

Steven · Post by **Steven** » Fri Jan 07, 2005 9:19 am

Just in case this helps anyone:

CGU (www.cgu.com.au) are the next cheapest (for me), have good features ie choice of repairer, new car replacement for 2-3 years and pay by the month for no extra cost. Thay also don't load the premium if you have finance on the car. They were cheaper than NRMA and NRMA charges extra to pay by the month.

Which is interesting because both NRMA Insurance and CGU are part of the same company - IAG Australia. Shows that it pays to shop around eh?

I'm curious what sort of prices you're being quoted - I hadn't realised it cost so much for some drivers. And to think I thought nearly $600 was expensive

I guess living in Wagga Wagga has at least ONE plus.

Steve

ms_lise · Post by **ms_lise** » Sat Jan 08, 2005 1:44 pm

Steve,

The quotes on the pug for me have ranged from $1300 with just cars to $2700 with swann (interestingly, part of CGU!) to AAMI not insuring me till I'm 25.. and thats private, if I go to business use (which I will have to soon) it adds about another $300-400pa.

Hope this info makes you feel very lucky

Diablo · Post by **Diablo** » Sat Jan 08, 2005 1:59 pm

Btw, do not desapir.....age is not the only parameter considered . They also consider the suburbs. E.g. in Sydney some suburbs are charged at a higher rate, even if the vehicle would be parked in a lock-up garage. That's an insurance industry that has total control over the markets !!

Huu · Post by **Huu** » Sun Jan 09, 2005 5:55 am

Steve,

The quotes on the pug for me have ranged from $1300 with just cars to $2700 with swann (interestingly, part of CGU!) to AAMI not insuring me till I'm 25.. and thats private, if I go to business use (which I will have to soon) it adds about another $300-400pa.

Hope this info makes you feel very lucky

$1300 is very cheap considering you are under 25. I was with NRMA 206CC 1.6 Auto at $1900pa with 50% No claim, over 25 in Sydney moderate risk area.

ms_lise · Post by **ms_lise** » Sun Jan 09, 2005 7:07 am

Thanks for all the input guys, I didnt mean for it to sound like I was whinging, after all, it's part of a decision to buy a car, so thats my choice.

I was just surprised, but I will be happy to pay it because the car will be awesome