Author Topic: insurance (Read 7610 times)

rick ross the boss · « **on:** February 01, 2009, 09:45:02 pm »

i know this will be ballpark but.. have a stab at the annual price for insuring:

66' mustang coupe, 23k
19 year old
pretty much daily driver
blue paint in good nick with cream interior
289 c.i. V8
lost my licence for 3 months a year ago for speeding
stored behind locked steel electronic gates in a driveway but no garage roof
will be off my p's in less than a year though

any guesses would be appreciated as i'd kind of like a clue, even just to the nearest grand

cheers lads and ladettes

rick ross the boss · « **Reply #1 on:** February 01, 2009, 09:45:46 pm »

writing it all down like that somehow makes it look even more expensive :-

HEVEN67 · « **Reply #2 on:** February 01, 2009, 09:47:36 pm »

Let me take a guess, Nope no one will insure you! Sorry!;]

Bllett · « **Reply #3 on:** February 01, 2009, 09:55:59 pm »

have u tried LSV and told them ur a club member

IGALOP · « **Reply #4 on:** February 01, 2009, 10:57:14 pm »

Not a big chance with LSV or Shannons I would have thought.
If they do look at it possibly $2000+, but this is a guess only.

65pony · « **Reply #5 on:** February 02, 2009, 10:33:13 am »

hey mate i'm in the same boat! 19, green P's and a 65 coupe.

I had a mate of mine who heads up the insurance part of a big financial company look into it for me and their was no1 that would look at full comprehensive for me OZ wide!

best option is to put it in ur dad's name and u as the elected driver, 80/20 split. It is a risk doing it that way as they can void if they find you drive it more than your insured too! easiest way is to stay friends with your neighbours so that if they ask questions they get the right answers :(

just car's would be the cheapest by far!

mayb wen i'm 25 they might give me a look! but for now 3rd party will hav to do!

rick ross the boss · « **Reply #6 on:** February 02, 2009, 11:13:52 am »

so the guesses are around 2k? i would have said 4 so thats good to hear, i wont third party it though f#%$ that haha.. it might have to sit in my garage for a year ;] but i doubt thats going to happen :(

anyone else got any guesses?

cheers

65pony · « **Reply #7 on:** February 02, 2009, 11:44:56 am »

let me know if you find a company that will insure you :(

HEVEN67 · « **Reply #8 on:** February 02, 2009, 12:47:01 pm »

I reckon 65pony is on the money!

65pony · « **Reply #9 on:** February 04, 2009, 09:41:09 am »

any luck mate??

Troy_H · « **Reply #10 on:** February 04, 2009, 01:56:46 pm »

i would have estimated $4k.

I had a an ED XR6 when I was 21 so I know the pain insurance is for under 30's. I was 'only' paying $2100 p.a. 10 years ago. Insurance companies seem to have got progressively steered away from the younger driver market and as such provide high premiums to cover their risk and also drive the customers away until they are older, problem is they all do that now. They dont seem to cater for people who are younger and actually care about the car they drive and drive them carefully.

Just cars have always catered for the modified / grey import market and this may be worth a try.

Depending on your financial situation, it may be cheaper to buy a junker insured with 3rd party only to drive day to day and try and insure the pony for limited / weekend use. Its a sad state of affairs but I wouldnt consider anything exotic / modified under 30 these days. Insurance is just too pricey.

Frank70 · « **Reply #11 on:** February 04, 2009, 02:44:02 pm »

I just sent your initial email to a friend whose son works for Just Cars insurance.

Lets see what they say ...

Cheers,
FRank.

rick ross the boss · « **Reply #12 on:** February 04, 2009, 03:57:13 pm »

oh cheers lads, really helpful and most appreciated!! :(

rick ross the boss · « **Reply #13 on:** February 04, 2009, 04:01:51 pm »

oh ps im definately getting a stang no matter what, lol, i dont give a f%^# about what the insurance companies think even if i have to keep it in the garage for a year or only drive it once or twice a week i'd do it.. its just a big shame as i'd rather cruise around in it every day and enjoy it :_ maybe ill get a bomb and drive the stang on weekends or something if comprehensive is over 3 or 4 grand a year

usa289 · « **Reply #14 on:** February 04, 2009, 06:45:48 pm »

Hey Rick the boss,

Have you made any calls to insurance companys and if so, how did you go? Any prepared to offer you insurance?

USA289

Frank70 · « **Reply #15 on:** February 05, 2009, 07:00:45 am »

Rick,

Bad news sorry, here is what my friend at Just Cars said :

"I cant really help much with the pricing, we use a computer program and its all automatically calculated, and unfortunately just cars doesnt insure anything over 30 years old. His only option would be to try shannons, but again that wouldnt help him much because they dont insure drivers under 25. Insurance companies will insure p platers on any car unless it has an age limit put in place, so we are able to insure p platers with turbos and v8s"

Cheers,
Frank.

Troy_H · « **Reply #16 on:** February 05, 2009, 08:14:33 am »

a broker might be able to organise limited use cover at a reasonable price.
Club rego is another option if you get stuck, that way the insurer only would provide cover on orgnaised runs and for theft or fire. This way you could save on rego, insurance and still get to run it on occasion.

Insurance under a parent and you as a nominated driver may be the way to go.

Hope you find someone to cover you.

65pony · « **Reply #17 on:** February 05, 2009, 11:57:54 am »

yeah just cars only brought that 30 year rule in within the last couple of months, i had to renew a old quote with them for it to go through the system.

I just finished some work for my broker mate and got him to call one of his contacts in NRMA, even with a friend high up in that company we couldn't push it through.

Under you parents name would be the only option otha than club rego.

Frank70 · « **Reply #18 on:** February 05, 2009, 02:45:02 pm »

Buy and Dynacorn shell or turnkey car !

Aren't they considered to be a 'new' car ?

Cheers,
Frank.

Frank70 · « **Reply #19 on:** February 07, 2009, 01:09:08 pm »

Quote

Originally posted by rick ross the boss
oh ps im definately getting a stang no matter what, lol, i dont give a f%^# about what the insurance companies think even if i have to keep it in the garage for a year or only drive it once or twice a week i'd do it.. its just a big shame as i'd rather cruise around in it every day and enjoy it :_ maybe ill get a bomb and drive the stang on weekends or something if comprehensive is over 3 or 4 grand a year

Rick.

My mate at Just cars email me to say :

"Technically we could cover the mustang, but only for third party. Tell him to give just car a call."

So see how you go.

Cheers,
Frank.

rick ross the boss · « **Reply #20 on:** February 07, 2009, 01:15:19 pm »

cheers everybody and thanks for putting in so much effort Frank70, im in the process of ringing around so ill post the results when they surface.

thanks again

rick ross the boss · « **Reply #21 on:** March 16, 2009, 10:08:44 pm »

BUMP

FINALLY GOT AROUND TO ARRANGING INSURANCE TODAY

$332 ANNUAL PREMIUM FOR COMPREHENSIVE BABYYYYYYYYYYYYYYYYYYY

GIO GO GO GO!!!!!!!!!!!!!!!!!!!!!!!!!

:+:+:+:+:+:+:+:+:+:+:+:+:+:+:+:+

stangLover · « **Reply #22 on:** March 17, 2009, 09:51:37 am »

I would of liked to hear what LSV would of quoted, but never mind, good stuff, you're laughing.

rick ross the boss · « **Reply #23 on:** March 17, 2009, 10:13:02 am »

LSV doesn't insure under 25's though and im 19 so i couldn't have it under my own name/couldnt start to get my own driving record. is there anyone else i could call though that might have a competitive price and no anti-under-25's rule? just in the interest of shopping around?

michael

insurance

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Author Topic: insurance (Read 7610 times)