Third party property damage insurance

Jack91 · 27-04-2008, 08:33 PM

Hello all,

I just did a quote through the AAMI website, and it says it costs $195 a year for a 17 year old male? Is this right? The excess for my age and sex though are $700 so I suppose. Can anyone recommend any cheaper agencies that cover tasmania aswell? I dont need cover for my car, just that it will be used during the day for work purposes and it's one less thing for me to stress about. Thanks

Kryton · 27-04-2008, 08:37 PM

make sure its fire and theft as well.
you do realise that if your car is crashed, it will not be fixed?

Jack91 · 27-04-2008, 08:41 PM

Why do I need fire and theft? The basis of it is: I've got access to other cars if worst thing happened. I just wouldnt want to have to buy myself another car aswell as paying to fix someone elses. I've seen small dents that cost $5k to fix on new cars, that's 5 times what my car owes me.

Daymoe · 27-04-2008, 08:43 PM

Woah thats cheap as, i was looking at a 1996 EF Falcon GLi factory 5 speed and it said $495 a year for 3rd party fire and theft i think it was. My dad pays $500 for full comp on his car. So unfair.

Jack91 · 27-04-2008, 08:45 PM

Quote:

Originally Posted by 90sFTW

Woah thats cheap as, i was looking at a 1996 EF Falcon GLi factory 5 speed and it said $495 a year for 3rd party fire and theft i think it was. My dad pays $500 for full comp on his car. So unfair.

Yeah, it's understandable though. All the VN driving teenage hoons on the mainland are to blame.

asusdragon · 27-04-2008, 08:53 PM

yeh i would say $195 would be bout right, but yeah your excess will be huge something like $1000 you will have a $250ish excess plus then a inexperiend driver excess. with the fire and theft only some company will do it now and only if the vechile is less then like $5000 i think. otherwise they just tell you to get comp

Jack91 · 27-04-2008, 08:54 PM

So it is $195/year then?

Yaw · 27-04-2008, 09:12 PM

You realise that an age excess is in addition to the standard excess. But yeah sounds about right.

Yaw · 27-04-2008, 09:13 PM

Quote:

Originally Posted by asusdragon

yeh i would say $195 would be bout right, but yeah your excess will be huge something like $1000 you will have a $250ish excess plus then a inexperiend driver excess. with the fire and theft only some company will do it now and only if the vechile is less then like $5000 i think. otherwise they just tell you to get comp

I once insured a 2005 porche boxter for third party fire and theft....I made sure the owner knew the most the policy would pay out for fire or theft was $5000.00 and he still wanted it.