Insurance - P Plater

[weairy]

That time-old question; how the hell does a 19 year old with an FG XR6 get insurance under about $1100 minimum?

I've tried all the big providers, Just Cars, AAMI, Bingle, RACV etc. to try and get some sort of decent quote, and they all came in around the $2k mark.

Best I got was through work. I work for a credit union and we sell CUNA Mutual insurance as part of it. Even then, with staff discounts and what not, still $1100, with joint policy holders (both me and my dad)....

Anyone got any suggestions?

[michael (HYPOEB]

$1100 sounds pritty good to me,Dont think your going to get any better then that mate.

[weairy]

That's what I'm thinking unfortunately... It's so stupid, because I got a quote for a 2010 model that I was going to buy until they jacked me around on price, about 4 weeks ago, and it was about $840. Now they've had a 15% price hike accross the board and they wont insure a 2009 model under $1100... =/

[michael (HYPOEB]

Yeh its abit stupid the way things work. Nice car for a p plater anyway!

[ltd_on20s]

brokers.

don't go through the usual major insurers.

try donelly's etc etc.

[GS608]

Try harder..I'm paying $1600 for a 2011 XR6 Turbo ute..19 years old, P plater, Rating 5 with NRMA

[weairy]

How the hell are you insuring an XR6T as a P Plater?

And I just got off the phone to youI, which I found absolutely hillarious:
Insurance Guy: "Ok, we can insure you forrrr.... around $804..."
Me: "That sounds ok..."
Insurance Guy: "So it works out to be $8200 a year"
Me: ".... What?"

$8,200 a YEAR. I laughed. Alot.

[GS608]

Originally Posted by weairy

How the hell are you insuring an XR6T as a P Plater?

And I just got off the phone to youI, which I found absolutely hillarious:
Insurance Guy: "Ok, we can insure you forrrr.... around $804..."
Me: "That sounds ok..."
Insurance Guy: "So it works out to be $8200 a year"
Me: ".... What?"

$8,200 a YEAR. I laughed. Alot.

Insurance companies are more than happy to insure a p plater driving a V8 or Turbo (ie more than happy to take your money)..they just won't pay the claim. Im not driving it just yet too risky..on my opens next month.

[weairy]

Ahhh, that'd explain it. Yeah, I knew that they wouldn't honour a claim for it (I actually sell insurance as part of my job)

[Lima]

$1100 is good. I'm a rating 1, 24 years old and i pay $750 for my 06 BF - looking at a quick quote online for a new XR6 and even I'm sitting around $990 a year (Major providers).

[weairy]

A tip for anyone who's getting a face-to-face quote in my situation; go joint policyholders with your parentals. Takes a huge quote down to a smaller one.

[sneaky]

^^^ and destroys your parents no claim bonus if you have a claim. a mate and his brother both made a few claims when younger and cost their parents heaps

[weairy]

Protected No-Claim bonus for the win?

[SKYeXile]

My first car i got with insurance through AMMI, it was a 3 year old VT, i adjusted my excess so it was $2000...really just covering major damage and 3rd party damage. i paid about $1000.00 a year.

[kempy311]

I wish i only payed $1100. I pay $3300 a year

[Windsor342ci]

Would u believe that in 2003 when I was on my red Ps, for an EF XR6 they wanted to charge me 8K plus!!!!

That was a freaking joke.

[|Nate]

Interesting to know considering I'll be getting a 10' - 11' FG XR6 in a couple of months time. I'm with Just car right now for my EB at $320 a year (3rd party + Fire and theft) but from some of the online quotes if I had the FG (Comprehensive) were around $2000-2500 a year. $1100 sounds bloody good to me, I hope I can find something like that D:

[weairy]

AAMI were the best price I could get at 1300 (bearing in mind that the $1100 was through work and a fairly well doctored quote).

The thing that burns me the most is I have a valid quote for a 2010 FG Xr6 with a 6sp there for 870, full comp and insured for 31k.

But I can't take it out because I've got an 09 model 5spd, hence the requote. And as a result of the floods etc. all the premiums have gone up 10-20% this week (unfortunatly I had no warning of this) to compensate. 900 + 20% = the now 1100 quote. Really bleeding.

[|Nate]

Ah okay, well I haven't tried AAMI yet, will do that now, but for quote on a 2010 or 2011 FG XR6 6sp Manual it's been around the same $2kish area for me.

[martyk54]

Originally Posted by 5.0

Try harder..I'm paying $1600 for a 2011 XR6 Turbo ute..19 years old, P plater, Rating 5 with NRMA

I'm not up with the current laws regarding what 'P' platers can drive but how is an XR6T legal for a 'P' plater?? If it is legal there's no point in having restrictions at all... you probably wouldn't find a more dangerous 'new' car for a youngster than an XR6T ute.

This is probably a good place for the Government to start in stopping the growing number of deaths occurring among young, inexperienced, poor drivers. From memory, when I was a 'P' plater(late 90s / early 00s) you weren't legal in a V8 or turbo.

[|Nate]

He is legally allowed to own the car, just not drive it. Unless you're in W.A I think (?)

I also don't think you should change the topic to young deaths on the roads, we are discussing insurance here good sir.

[creative]

Originally Posted by martyk54

I'm not up with the current laws regarding what 'P' platers can drive but how is an XR6T legal for a 'P' plater?? If it is legal there's no point in having restrictions at all... you probably wouldn't find a more dangerous 'new' car for a youngster than an XR6T ute.

This is probably a good place for the Government to start in stopping the growing number of deaths occurring among young, inexperienced, poor drivers. From memory, when I was a 'P' plater(late 90s / early 00s) you weren't legal in a V8 or turbo.

didnt read his reply did ya?

[Ben73]

1100 is great for a P plater in a new car. Take it and run, you wont get any better. If you do get any better, tell us where!!

[Foylema]

I paid $1453 a year with Just Car for my 09 FG XR6 Turbo and im 20 and on p plates

[sneaky]

Originally Posted by weairy

Protected No-Claim bonus for the win?

ah good point. don't know if you could protect them when i was younger..

back on topic, my sister pays $3000 to insure a $20k toyota yaris on her p's.. so $1100 for a xr6 isn't so bad

[mistermxer]

the only insurance i have on my falcon is the $50 bull bar on the front. been driving it 3 years now. hit 5 kangaroos, 3 birds and and someone reverse into the front of my car, and all i've had to to and straighten and re-weld (when old mate tried to drive over my car) and replace a head light lens from one Roo.. Only thing to bring my car to a halt (for the time being) is an engine bay fire, where the $40 fire extinguisher saved the majority of stuff from being destroyed. $100 to get that car home, and $200 to get another car home to wreck and fix mine.

all up insurance & repairs for me for three years has cost like $600

but then again i don't drive a $35,000 car, i called AAMI for a quote on a $12,500 2005 falcon and they wanted $2,400 for comprehensive for a year....

[Franco Cozzo]

Pfft, it was $2500 a year for my WS Fiesta when I turned 18, my LV TDCI Focus was $2200

Then $1779 now with Just Car.

So I'd be happy with $2K lol especially for a "Sports" model Falcon.

Originally Posted by mistermxer

the only insurance i have on my falcon is the $50 bull bar on the front. been driving it 3 years now. hit 5 kangaroos, 3 birds and and someone reverse into the front of my car, and all i've had to to and straighten and re-weld (when old mate tried to drive over my car) and replace a head light lens from one Roo.. Only thing to bring my car to a halt (for the time being) is an engine bay fire, where the $40 fire extinguisher saved the majority of stuff from being destroyed. $100 to get that car home, and $200 to get another car home to wreck and fix mine.

all up insurance & repairs for me for three years has cost like $600

but then again i don't drive a $35,000 car, i called AAMI for a quote on a $12,500 2005 falcon and they wanted $2,400 for comprehensive for a year....

Then you hit someones Lexus LS600 and end up having to pay for their $250,000 car because you don't have insurance.

[mistermxer]

i have TPPD

[Ben73]

Originally Posted by Big Damo

Then you hit someones Lexus LS600 and end up having to pay for their $250,000 car because you don't have insurance.

I thought all cars had to have 3rd party before they are registered.

[weairy]

Well, I just signed my insurance up today.
19 year old P Plater, no insurance history, 2009 FG XR6, 5spd auto.
$720 a year, full comprehensive.
Only catches are; Dad is on the policy as a Rating 1 driver & my basic excess is $1000 + $350 for Under-25 driver.