Car insurance

[haydes55]

I know we've covered motorbike insurance and everyone has a different opinion. But what is everyone using for their car insurance?

I'm 24 (so under 25) and just put down a deposit at the dealer for a 2016 mitsubishi triton glx-r (I keep going to say gsxr....). I don't want the cheapest insurance, I want the best cover. So not even going to look at state or youi.

At the moment my bike at shit heap car are insured by protecta. But my $3000 crap bucket costs more to insure than my bike which is insured for double the car... and I'm not really sure what it covers.

Being a brand new truck I'm pretty keen to splash out on the insurance... just in case. I'm getting free roadside assistance through mitsi for 5 years, so that's not required through the insurer.

So who are you with? How is the cover?

[Flip]

3 of my cars are isured with Classic Cover with a Vero policy for low milage vehicles.

Apart from a problem with Smith and smith glass over a custom made very expensive wind screen after the canterbuy earthquakes I have been very pleased with the service.

[neels]

Have had my cars with AA insurance for a long time, compare pretty well on price and have always been really good to deal with.

[Waihou Thumper]

You can waste half your life getting quotes and juggling prices, pros and cons....
I use State, always have been good, do it online, click, pay, all sorted...
Except you cannot insure bikes online, which is wierd, but then again when I insured the DL1000 VStrom, they didn't have it in the data base :eek5:
So it is now a SV1000....:)
Got a cover letter to make sure that if something happens it is indeed covered....

[Blackbird]

We use State, they've been really good to deal with in recent years, not that we've had any claims. We have 2 cars insured with them and get some decent discounts because it's part of a total package which includes house and household contents insurance. My bike is insured with Protecta too. Protecta also give discounts for each of my IAM test passes which is very welcome.

[flashg]

Have had my cars with AA insurance for a long time, compare pretty well on price and have always been really good to deal with.


My old Mum lives in mangere bridge, Auckland. She's been with AA insurance for ever, also a member,
and never made a claim. She rang me, asking if there was cheaper insurance about, she had questioned her premiums, and was told it was high because she lived in south Auckland. I said ring around. All the major companies were cheaper, she settled with AMI and saved heaps.
So if you don't live in a GOOD area AA insurance may not be for you.
My bikes are with Vero, they are fantastic to deal with.

[neels]

My old Mum lives in mangere bridge, Auckland. She's been with AA insurance for ever, also a member,
and never made a claim. She rang me, asking if there was cheaper insurance about, she had questioned her premiums, and was told it was high because she lived in south Auckland. I said ring around. All the major companies were cheaper, she settled with AMI and saved heaps.
So if you don't live in a GOOD area AA insurance may not be for you.
My bikes are with Vero, they are fantastic to deal with.
Completely true, if I lived 200m further west, on a street where my car would be considerably more likely to be interfered by passing hooligans, the insurance would be cheaper.

It doesn't hurt to look behind the name either, IAG owns NZI, State, AMI and some others, Suncorp is behind AA Insurance, Vero, AMP, different brands of the same thing in the end.

[Gremlin]

Was with AA Insurance (as an AA member I think I got a whole $5-10 discount on premium). Sold vehicle (planning to buy another) and stopped the policy.

Came time to insure the van, nope, no recognition of my previous customer history and wanted about $1700 a year for the van (full insurance inc glass - van has a lot of that :yes:). Spoke to Youi (before the bad stories came out and only out of interest) and they were indicating about $1000, then couldn't continue because actuaries wouldn't touch my spec of van. Bullet dodged.

My boss has been a customer of AMI for a while, they've always looked after him (inc a claim via me on one of his vehicles), easy to deal with, sorted everything etc. They wanted about $1050 from memory, bugger it, as you said, don't need the very cheapest and given boss' history, easy choice.

So I've been with AMI for over a year now. They also took into account my history from AA to give a discount, and in a short while I'll have FreeB Max, which is about 60% no claims discount and on FreeB, it's for life.

[hayd3n]

ami has been great for us have been opn both side claiming and never a issue always fast efficent and good to deal with

[haydes55]

Ami are right next door to my bank, so I'll get a quote in person, cheers guys.

I got a quote from AA and they wouldn't let me insure the ute for its value, the lowest I could insure it for was $10,000 more than what I'm paying. That was about $1200/yr with my AA discount.

[awayatc]

AMI....they treated our claims promptly and fair. One stolen car got paid out even though we were technically wrong and they could have legally dodged the claim.

[Oscar]

If you're comparing insurers, you might be interested:


Insurance Australia Group - NZI / State /AMI
Suncorp - Vero / AA
Tower - demutualised 1999, listed on NZX

So the majority of retail insurers in NZ are Aussie owned.
I think YOUI is South African (but I wouldn't touch them).
There is also a new Jaapie company about to commence operations - Hollard (A- rating)

Best to check the financial rating of any insurer: http://www.rbnz.govt.nz/regulation_and_supervision/insurers/rating/

I wouldn't go with anything less than A rated.

[caspernz]

AMI for us, past 10 years or so, house, contents, cars. Bike thru Kiwibike. Yes we've had claims thru AMI, no problems. Premiums seem fair when I've shopped around.

[RGVforme]

AA insure had the cheapest house/car insure combo around.
Was with state for years but their prices just kept going up every year.

Have not used YOUI to claim for the bike yet but their Prices for Learners are pretty good When the AA flat refused to cover me on my 6L

[Oscar]

AA insure had the cheapest house/car insure combo around.
Was with state for years but their prices just kept going up every year.

Have not used YOUI to claim for the bike yet but their Prices for Learners are pretty good When the AA flat refused to cover me on my 6L

If you insure based on price, you will probably get the service you paid for...

[Gremlin]

I got a quote from AA and they wouldn't let me insure the ute for its value, the lowest I could insure it for was $10,000 more than what I'm paying. That was about $1200/yr with my AA discount.
Are you getting some sort of killer deal on the vehicle though? You don't want to underinsure it, then can't replace it if shit happens.

AMI dropped the van's value for year 2 and I pushed it up again, as I can't buy that spec for those dollars, etc.

[haydes55]

Are you getting some sort of killer deal on the vehicle though? You don't want to underinsure it, then can't replace it if shit happens.

AMI dropped the van's value for year 2 and I pushed it up again, as I can't buy that spec for those dollars, etc.

$45,120 RRP* +ORC, AA won't let it get insured for under $41,000, I'm paying $31,000 drive away. Should I insure it for RRP?

I've never owned a new vehicle before. The newest vehicle I've ever owned is my 2009 motorbike.

[Moi]

$45,120 RRP* +ORC, AA won't let it get insured for under $41,000, I'm paying $31,000 drive away. Should I insure it for RRP?

Yes.

You're getting a great deal but you need to consider the "what if..." scenario...

What if the first weekend you have it parked and some dipstick drives into it and writes it off?

You have to go and buy another vehicle and if you were to buy the exact same one... what would you have to pay for it? $31,000 or $45,000?

[Madness]

I've found AMI good to deal with with a couple of vehicle (her indoors likes to prang her car) claims in recent years.

[Ender EnZed]

What if the first weekend you have it parked and some dipstick drives into it and writes it off?

You have to go and buy another vehicle and if you were to buy the exact same one... what would you have to pay for it? $31,000 or $45,000?

That'd be fine since Mitsubishi has them on sale until the 31st of March.
(http://www.mmnz.co.nz/triton/glx-r/)


$45,120 RRP* +ORC, AA won't let it get insured for under $41,000, I'm paying $31,000 drive away. Should I insure it for RRP?

I've never owned a new vehicle before. The newest vehicle I've ever owned is my 2009 motorbike.

If you did need to make a claim and they consider the market value of a used 2016 Triton GLX-R, presumably that's going to be less than the price you paid for it. Unless you think you're going to be able to sell for a profit in 6 months.

Unless it's an agreed value policy then the value you insure it for is just the upper limit on what they'll pay out. There's no point paying higher premiums to raise that number above the vehicle's market value.

[rambaldi]

Completely true, if I lived 200m further west, on a street where my car would be considerably more likely to be interfered by passing hooligans, the insurance would be cheaper.

It doesn't hurt to look behind the name either, IAG owns NZI, State, AMI and some others, Suncorp is behind AA Insurance, Vero, AMP, different brands of the same thing in the end.

It is worth checking the price with all the onsellers. I managed to save a couple hundy on my contents insurance with basically the same policy from the same company by doing it through a reseller rather than directly. Talked to the same lady on the phone even.

[haydes55]

AMI was very reasonable for their prices, about $750/year. I'll be going through them when the ute arrives.

[boman]

A.M.I. have been great to deal with. Never a hassle.

[JimO]

do Mitsi have a inhouse insurance, i know Toyota and Honda do, may get a gooder rate

[Swoop]

Thank fuck you bought a Triton.
The amount of faggots in ford ranger's that don't know how to cunting well drive, is staggering at the moment.

Have fraud had a sale, targetting the mentally handicapped, recently?

[haydes55]

Thank fuck you bought a Triton.
The amount of faggots in ford ranger's that don't know how to cunting well drive, is staggering at the moment.

Have fraud had a sale, targetting the mentally handicapped, recently?
It was either $50,000 for a ranger or $30,000 for a Triton. I can't see an extra $20,000 for what is still just a ute.