What insurance have you got?

[vkberlina]

Well Friday afternoon my work ute gets runup the back of.Tray is buggered, floor is bent, tailgate jammed and flattened, rear guards buckled, canopy window frame bent and ladder racks damaged.
Whilst exchanging details with the other driver I ask him the all important question have you got insurance after beating around the bush I finally get the answer of no. With costs to him look like coming to $15-20k I wouldnt want to be him right now.
So just wondering what insurance if any have you got?

cheers
Scott

[Kunu]

Nothing would be worse than hearing that 1 word from the person at fault.Dont fancy ya luck at a quick repair,just hope it dont drag on and a court case ensue!!
I used to have full comprehesive insurance + few extras through NRMA which was about $150 month, now im with Allianz and for exactly the same insurance (except 1 window replacement instead of unlimited) i now pay$79 a month..big friggin saving i must say,pays to shop around thats for sure.

[vkberlina]

Im glad I had just completely done up the brakes on the ute, discs & drums machined new pads, shoes, wheel cylinders the works else I might have been paying a bill as well

I am fortunate enough that I can arrange the money to pay for the repairs to start right away, AAMI (my insurer) will cover the 1st $3000 of repairs and persue him for the funds, I will pay the rest, then also pursue him for the difference in repair costs, lost income & other costs of the accident, doctors visit, remove & replace all stock & tools out of my ute, rental car whilst mine is being repaired. Odds are getting the money will take time I know it would take me a bit to find that kinds of money.

Scott

[scouser king]

A few months ago my mate got a very nice vx gts with full Comprehensive (RAC) and with in a week of getting it he got runup the back of by toyota camry on the way home from work.The guy in camry had no insurance at all.The RAC where very good and got the gts all fixed up and back on road and sent bill to camry driver to tune of about 8k witch he will have to pay.I have no time for people what so ever with no insurance at all.I personally think all car owners should be made to have full Comprehensive insurance by law, just like in the UK.

[Hangman]

I don't agree full comprehensive should be mandatory, but third party damage should be. I had that for years instead of comprehensive as I was just driving cheap cars as daily drivers.

I got cleaned up by a new at the time Prado in Sydney (I was at fault) and would have been ####ed if I didn't have third party cover. I'd still be paying it off.


That said, both my commys are comprehensive now and all the old Holdens I have/had have always been fully insured.

[Kieran263]

Better safe than sorry, comprehensive

[m1lky]

I won't go anything other than full. Spent 6 months trying to get an insurance company to pay out. It wasn't my fault, I had a police report saying so, but the company said they wouldn't pay out because their client hadn't admitted liability (but had paid her excess to get her car fixed)! Almost ended up in court

[nathanVY]

Comprehensive is a waste for me, at over a grand a year I'd have payed off the car's value in a few years.

3rd party fire and theft for me.

[Big_Simmo]

I only go full comp, in saying that ive only ever owned bikes before which are a hell of aloty more expensive to fix up especially if its got fairings.

Better safe than sorry

[nathanVY]

I hate the idea of insurance because you're paying top dollar for something that you may never get.

[Calaber]

Im glad I had just completely done up the brakes on the ute, discs & drums machined new pads, shoes, wheel cylinders the works else I might have been paying a bill as well

I am fortunate enough that I can arrange the money to pay for the repairs to start right away, AAMI (my insurer) will cover the 1st $3000 of repairs and persue him for the funds, I will pay the rest, then also pursue him for the difference in repair costs, lost income & other costs of the accident, doctors visit, remove & replace all stock & tools out of my ute, rental car whilst mine is being repaired. Odds are getting the money will take time I know it would take me a bit to find that kinds of money.

Scott

If I read your post correctly, you have insurance with AAMI that requires them to pay the first 3k, you pay the rest and AAMI chase him up to get your money back?

I assume that isn't a comprehensive policy? A comprehensive policy with a reputable company would pay your damages in full and pursue the "at fault" driver for their money, AND your no-claim bonus is not affected.

I'm insured with NRMA and that's how comprehensive insurance works with them. And I reckon that's exactly how it SHOULD work.

[rb26dett]

I have comprehensive and declare EVERYTHING I have done to the 3 cars.

My misses just had her insurance cancelled because she did not declare that she had a sub in the boot, so now she is paying for her accident.

[nathanVY]

I have comprehensive and declare EVERYTHING I have done to the 3 cars.

My misses just had her insurance cancelled because she did not declare that she had a sub in the boot, so now she is paying for her accident.

You're joking.... That's shocking what difference would a sub in the boot make! Lucky I have all mods declared

[monkeys437]

I had Full comp for my l67 VS stato but when the market value dropped to about 4grand I went for 3rd party which is 400bucks now that im old and wise.

[ari666]

insurance is a waste of time and money. there are so many loopholes that can sting you. you end up paying for most or the repair bill anyway for a minor bingle. then they have the cheek to write-off cars with minor damage like hail stone dents, or broken-into door locks and ignitions, and have the GALL to give you just enough money back to NOT be able to afford a replacement car.

my neighbours sub forrester got hail damage, he took it in to be assesed, they pretty much confiscated it and gave him 10k, when he owed 11k... and the car was fine. just needed 2k worth of paint and panel.

THEN i had a mate driving a twin turbo supra on his p's... gets rear ended while parked at lights, TOTALLY not his fault, insurance of the other car refused to pay cos' he was driving a car past his power/weight ratio.

3rd party is all thats needed. the rest is a huge joke.

[nathanVY]

yeah I agree, with the guy on his p's though that's completely legitimate. guarantee in every insurer's terms and conditions it will say you must be licensed to drive the car.

if it's too powerful then your probation license isn't going to cut it.

[ari666]

yeah but the insurance company KNEW he was on p's, and KNEW the car they were insuring was twin turbo and agreed to cover him.

lets leave out the fact he wasnt even moving when it happened.

[nathanVY]

Yes agree lol. Bastards they are. If you really want to rely on your insurance company don't modify your car.

even then, you'd be lucky.

[monkeys437]

Personally I think 3rd party insurance should be compulsory the same way rego is. Of course insurance companys try to get out of paying out in some circumstances but its fairly rare and your still better off having it than not.

[Calaber]

Interesting that it's all the young guys with comparitively low valued cars who think that comprehensive insurance is a waste of money. Probably is, given the value of the cars but wait until you're a bit older and wiser and drive something worth a few bucks. When that shit-head in his clapped out VR with no insurance clouts your pride and joy, you'll be thankful you have comprehensive insurance.

Ari - anybody can quote instances where people got "dudded' by insurers. Whose fault is it if someone you know owes more on his car than it's worth or insured for? Not the insurers. And if your mate with the Supra had been insured, they would have done the fighting for him. Even though he was driving a vehicle outside his restrictions, they would have paid out, IF he was insured with a reputable company, then pursued the other driver.

[nathanVY]

Interesting that it's all the young guys with comparitively low valued cars who think that comprehensive insurance is a waste of money. Probably is, given the value of the cars but wait until you're a bit older and wiser and drive something worth a few bucks. When that shit-head in his clapped out VR with no insurance clouts your pride and joy, you'll be thankful you have comprehensive insurance.

Yep, purely because I would have paid my car's value off in a year or two. If I was driving say a VE calais then there would be no question about comprehensive insurance.

[Hangman]

^^Yep that's what I said as well, I didn't bother with comprehensive cause my cars weren't worth much. Always had third party though.

[ute boy]

im 17 and on my red P's for comprehensive because it will count me $3500 evan know they will only cover me for 3k cause thats what i payed for it.
so 3rd party fire and theft for now untill i have something worth getting comprehensive

yes 3rd party should be conpoulsry same with the green slip

[m1lky]

Minimum 3rd party should be law to drive. Just like having rego and a license

[Luke V8]

.. personally think all car owners should be made to have full Comprehensive insurance by law, just like in the UK.

Fully Comp insurance isn't required by law in the UK. As a minimum all you need is 3rd party fire & theft!