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Insurance. It is that time of the year again.

Discussion in 'Australia & New Zealand' started by Dborn, Nov 21, 2018.

  1. meloccom

    meloccom Moderator Aus/NZ

    Joined:
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    1,675
    Location:
    Sydney Australia
    PM sent.
    Last year when I was having my car detailed, there was a smash repairer across the road with a Model X.
    It hade been side swiped and the Falcon wing door was twisted and the front door damaged.
    My guy, the Detailer, so not the smash repairer himself, understood that it was close to a wright off.
     
  2. Vegas

    Vegas Member

    Joined:
    May 6, 2016
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    106
    Location:
    Brisbane, Australia
    For those that are interested, I just renewed the insurance for my 2015 P90 D with Suncorp. Suncorp finally have updated their system to include the P90 D model - prior to this it was labelled a P 80 5D ‘with extras’?

    Full comprehensive cover and ‘new for old’ applies for the life of the vehicle. Windscreen and window glass covered plus unlimited hire car, if required. Garaged in Brisbane off street.

    Excess - $1800; Cost $2321.
     
  3. Dilz

    Dilz Member

    Joined:
    Nov 9, 2018
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    Melbourne
    I just called them...

    Agreed value to $200K, excess is $2300, total yearly cost is $12680.

    WOW

    just to be clear, i'm 36, no accidents, wife is 34, no accidents. can't believe the price....We are in Vic, but i don't think that would explain the $10,0000 price difference.
     
  4. Vegas

    Vegas Member

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    That's insane. Happy to PM you more deets if u need.

    Good luck
     
    • Like x 1
  5. paulp

    paulp Member

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    Adelaide, Australia
    Your suburb’s car theft history, and how you garage the car at night will both have a significant premium impact.
     
  6. mrpseudonym

    mrpseudonym Member

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    Location:
    Sydney
    That’s the “we don’t want your business price”. Not worth even continuing a conversation with them. And frankly for that price no on on this forum should talk to them. This Tesla insurance thing is getting a little out of hand.
     
    • Like x 1
  7. cynix

    cynix Member

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    And also your suburb's median wealth/income. Sometimes more affluent suburbs pay a higher premium simply because they think you can afford it.
     
  8. Dilz

    Dilz Member

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    Definetely not my suburb then. Lol.... I've only seen 1 other Telsa (a MX) over the past 5 years here....
     
  9. paulp

    paulp Member

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    Maybe thats because the locals all know tesla’s get stolen in your suburb
     
    • Funny x 1
  10. Dborn

    Dborn Confirmed

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    OK. Have finally settled on AAMI. They are allowing 120000 value but will go up to 134000 for my car. 2300 XS, all the extras unlimited car hire, choice of insurer, windscreen towing NCB protection all for just under 2000. I could have got it less by upping the XS.
    The only one much cheaper was Budget direct, but they pulled out when they heard it was a signature car and would not even allow me to waive the colour paint and leather. They would otherwise have been a market value up to 97000 odd for an all in premium of 1250.
    Nobody else seems to want our business, not Suncorp, Marsh advantage (Tesla insurance, actually QBE) or Allianz. (My broker). All
    ridiculous at 3500 plus. Nor NRMA or CGU (same underwriter).
    As has been pointed out above, there are actually very few underwriters, and it is mostly branding which differentiates the mobs.
    It is like green slips. I believe one company is chosen each to bear the risk for that year and the others simply price them selves out of the market.
     
  11. cynix

    cynix Member

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    Speaking of insurance, Redbook's extended warranty insurance quote has dropped from $2,xxx down to $1,200 for 2015 P85D. I wonder if the coverage has changed?
     
  12. ACDCENERGY

    ACDCENERGY New Member

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    Location:
    Toowoomba
    Mine was $2036 new for old 3 year, $200k agreed cover . $500 excess. QBE. 2018 model S100D
     
  13. ShockOnT

    ShockOnT ⚡️⚡️⚡️⚡️⚡️

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    I’ve gone just over 80,000km with my 2016 S75D.

    Technically it’s too late to get the extended warranty from redbook, but I’m wondering how they know what my odometer shows when I purchase the insurance?

    I’m starting to regret not getting it, and wondering if I can stealthily just get it. It’s mkre for peace of mind than anything, as I hear the consumer law will probably cover me for next few years either way.
     
  14. PJF000

    PJF000 Member

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    Australia
    You may still be able to get it. From memory I think you can still be ok, but costs more. You need to read their PDS.
    When I read it it just sounded like they had too many ways to refuse a claim.
    I figured on probabilities, it is a waste of money.
     
  15. Dilz

    Dilz Member

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    Melbourne
    I just checked. if you have a car that is less than 5 years old, and less than 125Kms you can get the cover.
     
  16. paulp

    paulp Member

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    I’ve asked tesla for odometer readings on past dates on several occasions. I presume they would never providenthat to a 3rd party though.....
     
  17. NeverFollow

    NeverFollow Member

    Joined:
    Aug 9, 2010
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    Does anyone was able to get a discount for anti-theft discovery?

    Tesla provides this service included with the "Wifi and Mobile Connectivity"
    but insurrances request a copy of a subscription such as BMW Connect.

    The only Tesla document showing it is the Monroney window sticker.
     
  18. srwx

    srwx "perf_config": "P1"

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    Location:
    Ballarat, Australia
    QBE seem dodgy to me now, back in July this year coming up to my renewal they sent me this instead of a renewal:

    forcing me to find a new insurer (which turned out fine, RACV were cheaper with better options) but clearly they weren't honest and now I want to know why.
     
  19. ShockOnT

    ShockOnT ⚡️⚡️⚡️⚡️⚡️

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    Is your car more expensive than my S75D? Maybe they are pulling out of anything over a certain price?
    I can understand they decided to quit the prestige market, but then strange they insured me in Oct.
     
  20. srwx

    srwx "perf_config": "P1"

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    If it is it'd only be by a few thousand (it's also a S75D), so nowhere near P100DL territory :)

    It's made even more weird when we all know QBE underwrite Tesla's own offering.
     

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