Insurance agreed value increase

[Lex]

NRMA bumped agreed value for my car . I dont think it's worth that much. Should I reduce it and save on premium ?







2016 SS - Black ed. , Auto , 65 000km. Pretty tidy

What price difference is it?

 

[figjam]

Should I reduce it and save on premium ?

I would take the increased agreed value. The asking price of cars are already starting to decrease, so take it while you can, just in case..
Convert the increased premium to cups of take-away coffee per month for relevance.

 

[Ron Burgundy]

What price difference is it?

Less than last year's premium. That's first.

About $1650

 

[Lex]

Less than last year's premium. That's first.

About $1650

I'd keep the higher coverage. Especially if cheaper than last year.

 

[greenacc]

Unless they jacked the price up then take it. That will help in future years when they start dropping it down again.

 

[kleanphil]

They kept mine at $60,100 agreed but jacked the price up to $1520 from $1277 apparently most of that was government charges

 

[Forg]

They kept mine at $60,100 agreed but jacked the price up to $1520 from $1277 apparently most of that was government charges

I have major doubts about the government-charges thingy ...

 

[chrisp]

Unless they jacked the price up then take it. That will help in future years when they start dropping it down again.

What they said

 

[chrisp]

NRMA bumped agreed value for my car . I dont think it's worth that much. Should I reduce it and save on premium ?







2016 SS - Black ed. , Auto , 65 000km. Pretty tidy

You’re slowly getting closer and closer to the Redline that you didn’t buy!

 

[Ron Burgundy]

You’re slowly getting closer and closer to the Redline that you didn’t buy!

We all know that Ron edition is worth more than any redline. This car is like my 3rd child. Perfect or nothing...