Insurance

[Dborn]

ok, so I am due for renewal on my 3 year old car. What quotes have folks been getting lately? Sig S 85. Best comprehensive that I have seen so far with $1450 excess has been $2394 with AAMI. Tesla insurance this year is fractionally cheaper but without the same benefits.

 

[Mark E]

NRMA in Sydney - $1600 for agreed value of $153k... I was annoyed that it went up $300 from last year

 

[raynewman]

Mine's a three year old S85 - $900 from YOUI with $1500 excess.

 

[wpapua]

Sig S 85, Feb. 2015. Shannons $813.50. $1600 Excess. Rural City garaged.

 

[Dborn]

NRMA in Sydney - $1600 for agreed value of $153k... I was annoyed that it went up $300 from last year

WOW!!! My quote from NRMA is $2582, $1500 excess, and insured value of 128578!! Garaged in safe area of Sydney. AND, I have other policies with them! When did you get your quote?

 

[Dborn]

Sig S 85, Feb. 2015. Shannons $813.50. $1600 Excess. Rural City garaged.

Are you a motor sport enthusiast? They would not even quote me since I am not.

 

[Dborn]

Mine's a three year old S85 - $900 from YOUI with $1500 excess.

I was with them the first year, but last year went with Tesla insurance. (QBE.) I found them very pushy and in your face. Have they improved?

 

[raynewman]

I was with them the first year, but last year went with Tesla insurance. (QBE.) I found them very pushy and in your face. Have they improved?

Not too bad; haven't claimed on that policy but did on another car with no problem. They do like to ring up a lot tho; I prefer to use email and the web.

 

[wpapua]

Are you a motor sport enthusiast? They would not even quote me since I am not.

Had been with them for many years, with a classic 1962 Citroen iD19, now sold, to purchase 2 door handles on the fantastic Model S ! Agreed Value $156,529.

 

[Dborn]

Youi just quoted me $2850! Must be something in the Sydney air!

 

[baillies]

Youi just quoted me $2850! Must be something in the Sydney air!

Maybe try a quote under another name at a different address? (Relative) they could factor the value of your house into your ability to pay a higher premium.

 

[Shock-On-T]

I noticed that InsureMyTesla was underwritten by QBE, and when I got a quote from QBE it was cheaper than InsureMyTesla.
I also got agreed value rather than market value, which is much better (higher payout if totaled/stolen).
Annual was $1,953.71 for a 2016 S75D for agreed value of $128,000.00 with excess $3100.

I always take a big excess, because I get insurance to protect against major financial pain, not a few grand.

 

[Dborn]

I noticed that InsureMyTesla was underwritten by QBE, and when I got a quote from QBE it was cheaper than InsureMyTesla.
I also got agreed value rather than market value, which is much better (higher payout if totaled/stolen).
Annual was $1,953.71 for a 2016 S75D for agreed value of $128,000.00 with excess $3100.

I always take a big excess, because I get insurance to protect against major financial pain, not a few grand.

You are right, a lot cheaper than all the others. However maximum agreed value was 102900. Much lower than the others. Will now need to think about this. Premium was under 2k, $650 excess.

 

[Shock-On-T]

You are right, a lot cheaper than all the others. However maximum agreed value was 102900. Much lower than the others. Will now need to think about this. Premium was under 2k, $650 excess.

That's a good price with such a low excess.
I could have dropped the premium by choosing a lower agreed value, but it was only about $100 less for about $10,000 less agreed value.
Mind you, the odds of totaling the car are pretty low.

 

[dogphlap]

$1578.00 AAMI $<2000 excess Model S 70D September 2015. Includes windscreen.

 

[Dborn]

$1578.00 AAMI $<2000 excess Model S 70D September 2015. Includes windscreen.

Where do you live? Location is obviously very material in these quotes.

 

[PJF000]

Location can be a big factor. City was circa 15% more than close regional for me

 

[Mark E]

Had another look at my NRMA renewal, $1650 on my 2014 delivered S85, agreed value $156k, $1000 excess. Garaged in Sydney metro area, no drivers under 6 years experience and I'm over 50. It's gone up by $600 since 2014 - my first premium was $1050.

 

[dogphlap]

Where do you live? Location is obviously very material in these quotes.

Sorrey I've taken so long to reply. I live at Boondall 4034 not far from the entertainment centre.

 

[meloccom]

Just renewed my NRMA comprehensive insurance on my 2014 Model S 85, garaged in Potts Point agreed value still $153,000 what I paid for it. Premium $1,442.10 at $2000 excess.
I have 9 long term policies with the NRMA including contiguous comprehensive on my car since 1986.
I used to work for NRMA and they were just introducing multi policy and years of insurance premium factors. It seems now they can have a significant impact on the premium.
I'm often told I'm mad to not shop around but when I check I generally find the renewal to be at least competitive if not always the cheapest.