Insurance renewals - maybe save some money

Joined: 29 Feb 2004 Location: Brisvagas

Got my AAMI insurance renewal yesterday - $589

Was the cheapest by a LONG way including DGA, NRMA, RACQ, BudgetDirect, TCIS, or anyone else, then I did an online quote from AAMI just for giggles.

$481 for EXACTLY the same vehicle, specs, mods and the value had RISEN $3840.

SO don't BLINDLY go and pay your insurance, check out online pricing and be sure to check AAMI.

Loyalty is worth less than just using an online system Rolling Eyes

Anyway good luck!!

Joined: 29 Jul 2007 Location: Found

I don't bother with the NRMA... they want $2600 to insure my 95 VS Commodore, AAMI is less than a quarter of that.

Joined: 23 Mar 2006 Location: Nepean

AAMI is also shit

Joined: 14 Jan 2007 Location: Melbourne

psycronic wrote:

AAMI is also shit

Correct.... The 4wd specific policies generally offer a far greater cover and give you a choice of repairer in the event of an accident rather than send you to an "AAMI prefered" repairer.

If you are in Melbourne and belong to a 4wd Club, 4wd Victoria have changed their scheme through Affinity Risk Partners and its now underwritten by Lumley. The rates are allegedly very competitive and the policy is fantastic. They will also cover agreed value to include all modifications and accessories if you are prepared to get a valuation on your truck.

Joined: 30 Jan 2007

NRMA will cover you in any offroad situation in Australia wether its public or private property a gazetted road or not, also will cover mods etc.

Remember insurance only is good value if they pay your claim and only 1 insurer pays 99%of claims no one else comes close.

NRMA cannex 5 star best value insurer 07 and 08 Smile

well thats what they say on the adds anyway

Joined: 30 Jan 2007

Froon wrote:

I don't bother with the NRMA... they want $2600 to insure my 95 VS Commodore, AAMI is less than a quarter of that.

Thats because NRMA dont want to insure you, its called pricing to a market. Why would they want to insure a car or driver with such a high claim risk it would put up the price for everyone else.

NRMA are a smart company when it comes to pricing if you are a good risk you wont get better value anywere, if you are a poor risk they will give you an overpriced quote to discourage your business.

Joined: 20 Oct 2002 Location: Greenbank

Bad JuJu wrote:

Got my AAMI insurance renewal yesterday - $589

Was the cheapest by a LONG way including DGA, NRMA, RACQ, BudgetDirect, TCIS, or anyone else, then I did an online quote from AAMI just for giggles.

$481 for EXACTLY the same vehicle, specs, mods and the value had RISEN $3840.

SO don't BLINDLY go and pay your insurance, check out online pricing and be sure to check AAMI.

Loyalty is worth less than just using an online system Rolling Eyes

Anyway good luck!!

I was once insured by AAMI on a dual cab hilux. They wiped my policy on the spot when i rang them to add a bullbar,Snorkle,rear bar and diff locks to my policy. No questions asked. They would only insure a vehicle with a maximum of 2 mods. A CD player is clased as a mod as was a UHF which were both allready on my policy.

Joined: 02 Apr 2005 Location: melbourne

I did this with RACV after I got my renewal. The new online quote was about $260 cheaper than the renewal amount!

Joined: 17 Sep 2004 Location: Melbourne

same here, when questioned they couldnt give me an answer other than "that price is for a new policy sir" and wouldn't drop the renewal price to the online+phone quoted price (RACV)

Joined: 02 Apr 2005 Location: melbourne

shakes wrote:

same here, when questioned they couldnt give me an answer other than "that price is for a new policy sir" and wouldn't drop the renewal price to the online+phone quoted price (RACV)

Yeah they made me start a new policy to get the better price, which had a speeding fine and two extra mods on it.

Joined: 29 Jul 2007 Location: Found

fourbyconvert wrote:

Froon wrote:

I don't bother with the NRMA... they want $2600 to insure my 95 VS Commodore, AAMI is less than a quarter of that.

Thats because NRMA dont want to insure you, its called pricing to a market. Why would they want to insure a car or driver with such a high claim risk it would put up the price for everyone else.

NRMA are a smart company when it comes to pricing if you are a good risk you wont get better value anywere, if you are a poor risk they will give you an overpriced quote to discourage your business.

Excuse me? I've never had an at fault accident thank you.

Joined: 25 Oct 2003 Location: Melbourne Australia

fourbyconvert wrote:

Froon wrote:

I don't bother with the NRMA... they want $2600 to insure my 95 VS Commodore, AAMI is less than a quarter of that.

Thats because NRMA dont want to insure you, its called pricing to a market. Why would they want to insure a car or driver with such a high claim risk it would put up the price for everyone else.

NRMA are a smart company when it comes to pricing if you are a good risk you wont get better value anywere, if you are a poor risk they will give you an overpriced quote to discourage your business.

Hard at work making friends online again I see.

Joined: 04 Jan 2005 Location: Brisbane

My wifes old frontea (Sold now) and my cruiser are with AAMI.

Covered anywhere in Australia as long as it isn't in a timed or trail event. And I have shite loads of mod's and extra's, all listed and they are happy to cover it.

All my cruiser mod's are covered and I have claimed twice now, (Both not a fault). First time used their assemsnt center and wasn't happy with the job done, the smash repairer tried to replace my scrub bar and side step with bent pipe and hadn't even painted it properly. I asked for a proper TJM replacement and after a inspection they replaced it that day, second time I took it to my repairer and they didn't have a problem with it. Also in the wife frontera when it was rear ended, it was repaired at my repair with no drama's at all. In fact their assessor pickup up extra stuff that my repair didn't put in because it wasn't accident related, nd told them to fix it anyway.

All up, I can't complain at the service provide by AAMI.

Joined: 29 Jul 2007 Location: Found

chimpboy wrote:

fourbyconvert wrote:

Froon wrote:

I don't bother with the NRMA... they want $2600 to insure my 95 VS Commodore, AAMI is less than a quarter of that.

Thats because NRMA dont want to insure you, its called pricing to a market. Why would they want to insure a car or driver with such a high claim risk it would put up the price for everyone else.

NRMA are a smart company when it comes to pricing if you are a good risk you wont get better value anywere, if you are a poor risk they will give you an overpriced quote to discourage your business.

Hard at work making friends online again I see.

I fed the troll didn't I?

Joined: 24 Sep 2007 Location: Sutherland Shire

i was happy with AAMI last year when my old commodore got run into by a truck, thought they did everything right by me, including paying out on the 19" rim that was damaged which they dont often do.

but then today i received a letter from them, seems i have to have a discussion with some aami bloke over the accident now..9 months after it happened..