Insurance for the mustang

[sammyz]

Got a quote from racv, with 625 excess, premium is 2198 per year. That's with glass cover and no mods. Seems a bit expensive compared with prices you guys are getting....might have to shop around.

Sponsored

 

[sammyz]

Just did an online quote with AAMI, came up with exactly the same price.

Learnt a big lesson though, the biggest factor they take into account is where you live.

I changed my address to my parents address and the quote went down from 2200 to 1100. Maybe i should move? lol

 

[ssb]

I'm not sure which insurer, but a guy at work got a similar saving when he tried his neighbour's address (yes, one house away)!

Apparently sometimes they seem to blacklist places... he wasn't able to get any love when he mentioned that he'd moved in there recently, so he just went with a different insurer.

 

[Melbnut]

Christ! Where so you live!!

 

[ssb]

Detroit

 

[sammyz]

Thomastown.......funnily enough, i got that quote over the phone with racv, today I did an online quote on racv website and got a quote for $1600!!! What the f.
Details were the same as what I provided on the phone

 

[Bushranger]

I had only recently re insured my VX SS holden with GIO ($380) and and transferred the Mustang onto that policy instead of cancelling it. I was charged an extra $440 for the remainder of the term (45 weeks). So I would say this would equate to around $850 for a full year.
I did take a high excess of $1200 because I have never had to claim in 41 years.

 

[Camokaze]

I took High Excess Option with AAMI and my Annual Premium is $881.35 for 12 Months Comprehensive

Amount Covered:​

$69,990
.
see Below for Mod restrictions and excess

Your car is safe, undamaged, and in roadworthy

condition​

•​

​

​

​

Your car is used primarily for Private use​

•​

​

​

​

Your car is driven approximately 20,000 kilometres per
year​

•​

​

​

​

Your car does not have custom paint, nitro or hydrogen
fuel, aftermarket petrol turbo charger and/or​

supercharger, a roll bar a roll cage or racing harness

You may be able to reduce your premium if you choose a
higher excess.​

Standard Excess:​

$1,225​

Plus Flexi-Premiums​

​

​

​

® Excess:​

$1,550​

Additional Excesses:​

You will have to pay the following excesses in addition, if
they apply to the circumstances of your claim:
Drivers under 25 years, listed: $400
Drivers under 25 years, unlisted: $1,400
Drivers 25 years and over and licensed under
2 years, listed:
$400
Drivers 25 years and over and licensed under
2 years, unlisted:​

$1,400

 

[peterdee]

Best price I've received is $1116 with BudgetDirect, with $950 excess
Most other prices are around the $1,400-$1,500 mark, with youi a standout at $3,000.

WTF, how are you guys getting prices under $1k?

 

[Camokaze]

Do AAMI Quote Online is $100 cheaper than calling them

 

[Yeah Nah]

Thomastown.......funnily enough

There will be two in that area soon sammyz, we can be going for coffee and cake

 

[Camokaze]

Mmmmmmm Cake

 

[Vinno]

Best price I've received is $1116 with BudgetDirect, with $950 excess
Most other prices are around the $1,400-$1,500 mark, with youi a standout at $3,000.

WTF, how are you guys getting prices under $1k?

Age maybe? Either that or location.

I've only done an online quote with NRMA and it was $845.00 with a $1,000.00 excess. I'm 53 and my wife is 50 so that probably helps. I will try Shannons when it is close to coming as they were cheaper for My RS Focus than any other. The good thing now with NRMA is you can nominate the km's you will do in 5,000km increments which they never did before. Less time on the road means less risk for them.

 

[Drewbo]

I amended my NRMA policy from market value to agreed value of $63800.

The annual premium rose from $985 to $1148 with a $650 basic excess.

 

[Yeah Nah]

Would the price be cheaper if the vehicle would not be a daily driver, never driven in the wet with a maximum of 5000 kms per year?

Sponsored