Car Insurance

[anzai]

so my insurance is up for renewal and racv sent me a letter and basically said they are halfing the agreed value of my car from what it was last year

my dc2r is insured with them for $14000 current until 2nd of march 2012, but the agreed value will drop down to $6900 if i decide to continue my policy with them

have called them on 2 separate occasions to somewhat increase the agreed value but they won't budge...

just doesnt make any sense how a 12 year old car could depreciate by $7000 in a year

discuss!

/vent

[sleepingperformance]

I would give Just Car Insurance a call, or depending on how old you are & how clean your driving history is, try Shannon's

[Flippit]

shannons best best. $6900 i'd tell em to stick it lol!

[anzai]

i believe if you're under 25 shannons wont do business with you

[Flippit]

i believe if you're under 25 shannons wont do business with you

insure under your mum or dad and then list your self as a driver?

[dnapol]

worked out that is best. or dont list yourself as a driver. if you have an accident the excess will multiply by the ammount of the age you are. usualy for a P plater it just doubles the excess

[anzai]

unfortunately circumstances would not allow me to insure it under my parents

[Timmy_B]

i believe if you're under 25 shannons wont do business with you

Not true.
If you are under 25, have a good driver history AND can show that you are a motoring enthusiast, they can do it.

both my cars are with shannons and im 22.

[dnapol]

For the record. AAMI said agreed for dc5r 2002 was 14900

[Stephen_AUS]

For the record. AAMI said agreed for dc5r 2002 was 14900

Thats total bullshit ! I'm receiving from RACQ like Agreed Value of $21,000, I think maybe more ?

[Stephen_AUS]

Wait sorry, I have mine on Market Value, just looked at my insurance papers. But still.

[anzai]

Not true.
If you are under 25, have a good driver history AND can show that you are a motoring enthusiast, they can do it.

both my cars are with shannons and im 22.

is it insured under your name?

it clearly states on the website all drivers must be 25 years old and over.

but i will call them later just to get to the bottom of it

[sleepingperformance]

A good friend of mine is 23 & has his EVO 6 insured with Shannon's. But as stated above, if you have a clean driving record & can obviously prove you are a enthusiast, you should be right

[tinkerbell]

Thats total bullshit ! I'm receiving from RACQ like Agreed Value of $21,000, I think maybe more ?

that's what my DC2 VTiR is insured for with Shannon's...

[tinkerbell]

it clearly states on the website all drivers must be 25 years old and over.

but i will call them later just to get to the bottom of it

you need to talk them into it - convince them you are not a risk!