Welcome to Just Commodores, a site specifically designed for all people who share the same passion as yourself.

New Posts Contact us

Just Commodores Forum Community

It takes just a moment to join our fantastic community

Register

insurance what a prick

bones308

New Member
Joined
Oct 19, 2011
Messages
108
Reaction score
0
Points
0
Location
melbourne
Members Ride
vts 1999 V6
argeed value on a vt s 1999 V6 ($7500 low Kms) not at fault , car is write off, GIO will deduct 7 months of payments from this amount plus keep 11 months of Vic rego!!!!!!!

check your policy
 

inSight

New Member
Joined
Jun 8, 2013
Messages
136
Reaction score
0
Points
0
Age
32
Location
Australia
Members Ride
Series 1 VX
Yeah I have heard of this before. Insurance companies will do everything in their power to make sure you get the least amount or no payout unless the cost of doing so is greater than the benefits they receive.

Comprehensive insurance for my 2000 VX V6 is over $1600. I'm not even going to bother with it. Just settled for Third Party Fire and Theft for around $400.
 

ProbablyRaging

Drop Bass, Not Bombs.
Joined
Jun 2, 2013
Messages
134
Reaction score
1
Points
18
Location
FUNK, Uptown
Members Ride
Vroom Vroom Car
Im with Bingle, I didnt do a great amount of research but I did a little, I also spoke to a family lawer and she said that Bingle's PDF seems legit and up to date ect.. Obviously not as much cover as NRMA but for my 2002 VX V6 I'm covered for $6,200, $80p/month, $1,500 for at fault claims for under 25's, $500-$800 for over 25's ect.. I dont recommend Bingle if you have the money to go with NRMA or a big name insurance company but for the price Bingle offers they cover the basics.
 

uniacidz

Harden the Frak Up
Joined
Dec 13, 2011
Messages
2,267
Reaction score
180
Points
63
Location
Sideneee
Members Ride
VE Berlina
Sounds like OP paid per month so it's normal to deduct the remaining balance

As for rego, should get it back from the Vic roads once paperwork sent to OP that car is a writeoff

That's what happened to me in NSW anyway under aami.

Sounds normal to me



Sent from my HTC Aria using Tapatalk II.IV.X
 

James_aitchison

New Member
Joined
Jun 10, 2012
Messages
98
Reaction score
0
Points
0
Location
Old Bar, NSW
Members Ride
VX Series II S Pac 3.6L V6
I just wrote off my 2002 S Pac, Pay Under 25 Male Excess. Regardless of being on policy and had to pay bigger premiums. Market Valued at $5k, 1 month rego.
With coles insurance
 

jmouse

New Member
Joined
Mar 14, 2013
Messages
3
Reaction score
0
Points
0
Location
Melbourne
Members Ride
VE Calais
argeed value on a vt s 1999 V6 ($7500 low Kms) not at fault , car is write off, GIO will deduct 7 months of payments from this amount plus keep 11 months of Vic rego!!!!!!!

check your policy

Ring Vic Roads and cancel the rego asp IE Monday morning!

When you get your letter saying the vehicle is a write off:
Write a letter to Vic Roads with the rego, your license number, address etc
and ask for a refund, enclose the letter re the write off and send it in.
The insurance company does not do it immediately and you get in first.
I have done it twice and both times successfully and the insurance
company will not get a cent of the refund.
Also I have found Vic Roads to be very helpful over the phone as
well as writing to them. They only need your cancellation and the
letter that states it is a write off.
Don't forget to photo copy the pages you send in.

If you don't understand PM me as you are talking about many hundreds of dollars.

cheers Andrew.
 

OllieTwo

New Member
Joined
Aug 19, 2009
Messages
16
Reaction score
0
Points
0
Location
Embracing the pineapple
Members Ride
2010 VE SS Ute
Sounds like OP paid per month so it's normal to deduct the remaining balance

As for rego, should get it back from the Vic roads once paperwork sent to OP that car is a writeoff

That's what happened to me in NSW anyway under aami.

Sounds normal to me



Sent from my HTC Aria using Tapatalk II.IV.X

That's what happened to me when my 2000 VX Calais was written off - had an agreed value of $8k, then had the remaining year's worth of premium deducted.

Rego was a separate issue with SA Motor Reg.. once I had the total loss paperwork just took that in with the plates and got a refund on the remaining rego.
 

Jesterarts

Your freedom ends where mine begins
Joined
Nov 22, 2005
Messages
3,817
Reaction score
103
Points
48
Age
36
Location
Victoria
Members Ride
2010 Nissan X-Trail ST-L
GIO PDS said:
Deductions from your total loss claim
When we pay you for a total loss claim we will deduct:
- and excess or unpaid premium including any unpaid instalments in the period of insurance if you pay your premium monthly;
- any unused registration and compulsory third party (CTP) insurance that you are entitled to if your vehicle is registered in NSW. You can obtain these refunds from the NSW RTA.

This suggests they can only take the rego if your car is registered in NSW.

If not, ring Vicroads and cancel your rego. Get refund.

Having said that, read your PDS to ensure you are not insured under a different PDS
 

mr calais 5.0

New Member
Joined
Jun 7, 2011
Messages
1,723
Reaction score
1
Points
0
Location
victoria
Members Ride
vy s 2003
We have my vy s and the wife's 2005 carnival with alainanze for 113 full cover a month.. The wife has crashed the carnival 2 times in 5 years and still on rating 1
 
Top