Insurer that I can stick with?

[ZorroTheS]

Now for the second year in a row my insurance company has said they are not able to renew the policy on my 2018 Model S . It is Huddle Insurance this time. No reason given, only "Based on our underwriting rules, we are unable to renew your policy for the next 12 months". No claims made at all, no idea why.

Now I have to go through the whole process of reapplying - can anyone recommend an insurer that gave them good deal? I'm based in Sydney.

 

[moa999]

Probably one of the bigger ones.

Insurance is way to variable based on suburb, car, age, record etc.

But on a recent Model 3 FB page seemed like AAI (AAMI or Suncorp) and Comminsure were popular choices.

 

[paulp]

Now for the second year in a row my insurance company has said they are not able to renew the policy on my 2018 Model S . It is Huddle Insurance this time. No reason given, only "Based on our underwriting rules, we are unable to renew your policy for the next 12 months". No claims made at all, no idea why.

Now I have to go through the whole process of reapplying - can anyone recommend an insurer that gave them good deal? I'm based in Sydney.

I use a very good broker. He just sorts it out for me. Every time I’ve tested his efforts he has a better deal than I can get.
Plus at claim time, all I have to do is make a call to him, and he does all the paperwork.

 

[Hairyman]

GIO seem to be offering pretty good deals at the moment. Saved about $600 for my M3P compared with AAMI (same group I know, why is a mystery)

 

[ChrsiH314]

Still with the NRMA. Just up for annual renewal, premium up by $200 ($2,300, 5y ncd + 20% loyalty), agreed value down by $36,000 to $92,000. 2015 S85D + all optionals except hifi.

 

[T3SL4A]

I’m with Shannons. Good price and can select my repairer. Some companies won’t give you that option and that could be an issue when it comes to fix.

 

[Nuclear Fusion]

AAMI - the only company I’ve come across that provide unlimited hire car days of equivalent type (I once had a car in the panel shop for 3 months!)
Also, ensure that you cover the cost of FSD in the insurance & the current value of the car - most insurers overstate the depreciation
My 2 year old Model X is currently insured for 15% more than what I paid for it in 2018 & about 40% more than ‘market value’

 

[T3SL4A]

AAMI - the only company I’ve come across that provide unlimited hire car days of equivalent type (I once had a car in the panel shop for 3 months!)
Also, ensure that you cover the cost of FSD in the insurance & the current value of the car - most insurers overstate the depreciation
My 2 year old Model X is currently insured for 15% more than what I paid for it in 2018 & about 40% more than ‘market value’

AAMI wouldn’t let me go to a Tesla recommended repairer.

 

[Nuclear Fusion]

AAMI wouldn’t let me go to a Tesla recommended repairer.

I wonder if Tesla get kickbacks for that

 

[jamesgo]

So I looked up GIO and the amount covered was near the lower range. I put it back up to what AAMI has used and it worked out to be pretty much the same quote.

 

[RareEarth]

Our X is with Comminsure, have tested them with a claim. After I sent them dashcam footage of the incident they were very quick to give a no fault assessment, no excess payment required.
They let me use the local Tesla approved repairer. Got 2 weeks of rental car (up to $75 per day). Overall happy with them. The only slow bit was getting parts.

 

[lonewolf313]

AAMI - the only company I’ve come across that provide unlimited hire car days of equivalent type (I once had a car in the panel shop for 3 months!)
Also, ensure that you cover the cost of FSD in the insurance & the current value of the car - most insurers overstate the depreciation
My 2 year old Model X is currently insured for 15% more than what I paid for it in 2018 & about 40% more than ‘market value’

I've got an NRMA Comprehensive Plus policy which has unlimited days car hire (even if you are at fault in a collision) up to $100 per day which would get you a Hybrid Camry through AVIS or Budget Car Rentals.

 

[Shock-On-T]

Now for the second year in a row my insurance company has said they are not able to renew the policy on my 2018 Model S . It is Huddle Insurance this time. No reason given, only "Based on our underwriting rules, we are unable to renew your policy for the next 12 months". No claims made at all, no idea why.

Now I have to go through the whole process of reapplying - can anyone recommend an insurer that gave them good deal? I'm based in Sydney.

I just renewed with CommInsure as I couldn’t find anything better than their renewal offer.

 

[Shock-On-T]

Still with the NRMA. Just up for annual renewal, premium up by $200 ($2,300, 5y ncd + 20% loyalty), agreed value down by $36,000 to $92,000. 2015 S85D + all optionals except hifi.

You should check comminsure. I was quoted about $1750 with a similar agreed value.
Obviously there are other variables, but worth checking.

 

[ittah]

RACV, choice of repairer, glass cover, agreed value, coverage for under 25's (additional excess), cheaper than all others with $1000K standard excess (AAMI,GIO,Shannons, Alliance). Melbourne.
Also note new for old replacement (Alliance) - if the model not sold any longer (ie, Model 3 Performance Stealth) defaults to market value.

 

[rwpnote3]

Comminsure for 2017 100d MX agreed $135k policy for 2k pa

 

[paulp]

Quoting your insurance rates on here is really pointless. Your price is based on your driving and claim record, other nominated drivers, your suburb, your street, and your method of garaging.....plus many more attributes. Unfortunately every insurer rates these items differently, so there is no way of declaring or deciding who is the cheapest insurer in australia.

 

[rwpnote3]

Quoting your insurance rates on here is really pointless. Your price is based on your driving and claim record, other nominated drivers, your suburb, your street, and your method of garaging.....plus many more attributes. Unfortunately every insurer rates these items differently, so there is no way of declaring or deciding who is the cheapest insurer in australia.

Paul you make a valid point that comparison isn't straight forward due to so many variables but it certainly isn't pointless. To say that sharing information here in this forum is pointless is akin to saying that the forum itself is pointless.

 

[rwpnote3]

Comminsure for 2017 100d MX agreed $135k policy for 2k pa

NRMA on the other hand quoted me over 6k for the same.

 

[paulp]

Paul you make a valid point that comparison isn't straight forward due to so many variables but it certainly isn't pointless. To say that sharing information here in this forum is pointless is akin to saying that the forum itself is pointless.

Thats a fairly severe twist in what I was saying. Feel free to read it as exactly what I said, and nothing more.