Insure your vehicles.

**Owl** · 29th September 2008, 06:08

I used to be pretty slack about insurance in my younger days, but I've changed my tune with age.
I also work in the repair industry and I've seen repair costs hike.
A classic example would be an X5 BMW with what appears to be relatively minor damage. A new front guard, door required and scuffed wheel. Total repair cost exceeded $20,000 and the door trim with airbags alone costing $7000.

Not hard to cause a very bad day!

**Mom** · 29th September 2008, 06:42

Young fella that worked for us, and who parked his car outside of our house every morning got a phone call from the police one morning asking if he knew where his car was. He said outside number 63, the cop said no, inside number 86!

Yep, his car had taken off down the hill and parked itself inside a once was lovely brick and tile home

Thankfully no body was in the way of this runaway car. He had no insurance, the cops did not charge him, but boy did the house owners insurance company persue him big time.

Third party insurance is a minimum, I wont allow my kids to drive/ride anything without it.

**PeteMun** · 29th September 2008, 06:47

Ok you did it i just rang them now $500 you cost me

cheers though i guess

**slofox** · 29th September 2008, 07:37

When I bought my latest cage I insisted the vendor chuck in a three year mechanical insurance policy....which they duly did. Had the transmission play up and need fixing - $3500 worth...my share? $125.00 excess.......glad of that warranty....

**sinfull** · 29th September 2008, 08:03

Be interested to know if there are any policies out there that insure the rider/driver no matter what he rides/drives 3rd party ?
Know my full cover on the 3 bikes will change next yr
a/ not worth insuring the scorp for more than 3rd party as the eccess for H riding it is near half value (but still cheaper under my name)
b/ only insured both triples with full so i can lend one out to mates for a ride, but none of the slack pricks have a licence ! Could have saved near 600 notes lol

**Blossom** · 29th September 2008, 08:36

I agree..
After all the penny saving and hardwork to get the bikes, there is no way in hades I would not have them insured. If we couldn't afford to get them insured then we would not be buying them in the first place.
Same goes for the brick with 4 wheels.

**Mully** · 29th September 2008, 08:45

S'funny. I was discussing insurance with MDU just yesterday. I think he likened it to paying tax. No-one wants to have to pay it, but you feel obligated to have it.

**The Pastor** · 29th September 2008, 08:45

Originally Posted by slofox

When I bought my latest cage I insisted the vendor chuck in a three year mechanical insurance policy....which they duly did. Had the transmission play up and need fixing - $3500 worth...my share? $125.00 excess.......glad of that warranty....

lol, you're covered by the consumer grantees act mate no need for that warentee

**imdying** · 29th September 2008, 09:04

Originally Posted by renegade master

lol, you're covered by the consumer grantees act mate no need for that warentee

Only if he brought it new, compulsory warranty on a secondhand vehicle from a dealer is only a month (or is that 3 months? I forget...).

**Blossom** · 29th September 2008, 09:06

Originally Posted by imdying

Only if he brought it new, compulsory warranty on a secondhand vehicle from a dealer is only a month (or is that 3 months? I forget...).

I believe its 3mths. At least thats what we have been told.

**NOMIS** · 29th September 2008, 09:13

IM insured, everything.. life,health, contents and car/bike

**Tank** · 29th September 2008, 09:30

Its one of those things that is a pain and you wish you could do without it - but its cheap when you need it.

In the last 2 years - Ive claimed:

$2500 for my upstairs amplifier.
$25k (guess - based on cost of doing the bedrooms not on insurance) of carpet
$5000 (approx) for a kitchen bench.

But most importantly my father was taken ill and told to have an operation (quad bypass) and told that he probably would not last 2 weeks without it.

Waiting list for public was 6 months - regardless of them confirming he would not last that long.

Thanks to being insured - he was operated on 3 days later (and he actually had an attack the morning of the operation).

Insurance saved his life!

**The Pastor** · 29th September 2008, 09:55

Originally Posted by imdying

Only if he brought it new, compulsory warranty on a secondhand vehicle from a dealer is only a month (or is that 3 months? I forget...).

nah consumer garantees act covers 2nd hand stuff as well, its a big hassle tho

**slofox** · 29th September 2008, 09:59

Originally Posted by renegade master

lol, you're covered by the consumer grantees act mate no need for that warentee

Not if it happens fifteen months down the track I'm not.....

**HenryDorsetCase** · 29th September 2008, 10:00

Originally Posted by Big Dave

At least for the damage they can cause. You should at least have 3rd party cover in place before you put the key in the ignition.

Seriously. Give up beer, or women or whatever - and find the premium. It could save you your future.

what inspired this gem o' wisdom?

not that I don't agree, I just need backstory or I feel............. unfulfilled.