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Thread: Insuring a MK1?

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  1. #1
    Join Date
    Aug 2009
    Location
    Victoria
    Posts
    1,788

    Insuring a MK1?

    If you guys don't think it's too private to share, how much is insurance for your MK1?
    More so wanting to hear from the people with working shtbombs like mine.

    I'm probably only going to get third party insurance, as any accident would probably write my car off anyway, and full comprehensive insurance would cost me both arms and possibly one leg too, as it does for most cars for me.

    I have a few red crosses next to my name on the cops database, so my premium's are ridiculous.
    I'm hoping I can get Third Party Insurance for <$400.

    So, if you don't mind...
    1. Who insures you?
    2. What's your premium/Full Comp or 3rd Party?
    3. Agreed value/market value/other bonuses?
    4. Excess? (age & disqualified in my case)

    Thanks.

  2. #2
    Join Date
    Oct 2005
    Location
    Nowra, NSW
    Posts
    1,642
    My current daily is on third party with fire/theft through allianz it is like $32 a month and i'm under 25 but with a clean record. They actually wouldn't insure it for full comprehensive as its over 25 years old, which might be something a lot of the insurers do now?
    76 MkI 3 door - daily drive/project - 1.8 5speed
    76 MkI 3 door swallowtail - 16v track car
    76 MkI 3 door "long term" project

  3. #3
    Join Date
    Jul 2007
    Location
    Launceston
    Posts
    714
    Users Country Flag
    1. Shannons
    2. $180 3rd party or $700 full comp
    3. $2500
    4. $300 + $1500 under 25

    That was when i had it insured, and i am a girl and it was when i was 23... Never lost my licence so this probably wont help you...

    I've found Shannons a bit exxy but they're really good, you just say what mods you've done and they don't ask any more questions like other insurers i.e. i put mags on my car (end of story with shannons) other insurer wants to know size, width etc etc etc.

  4. #4
    Join Date
    Aug 2009
    Location
    Victoria
    Posts
    1,788
    Thread Starter
    RACV insures my 1968 Mercedes for about $660 a year, which is pretty amazing given my record.

    I want to pay it for the year as I already have enough monthly bills.

  5. #5
    Join Date
    Aug 2009
    Location
    Victoria
    Posts
    1,788
    Thread Starter
    Quote Originally Posted by Stephy View Post
    1. Shannons
    2. $180 3rd party or $700 full comp
    3. $2500
    4. $300 + $1500 under 25

    That was when i had it insured, and i am a girl and it was when i was 23... Never lost my licence so this probably wont help you...

    I've found Shannons a bit exxy but they're really good, you just say what mods you've done and they don't ask any more questions like other insurers i.e. i put mags on my car (end of story with shannons) other insurer wants to know size, width etc etc etc.
    Your circumstances are a bit different, but the underage excess is the killer there. With RACV it's only $900 as far as I know. I think they introduced a $1000 disqualified driver excess too, which makes my excess $2300 I think.

  6. #6
    Join Date
    Jul 2007
    Location
    Launceston
    Posts
    714
    Users Country Flag

    If it makes you feel any better, it costs me $1200 a year to insure the GTR with a $500 excess... And i'm still a girl, and i'm now over 25...

    The $1500 was for under 25 unlisted driver i think... Sorry should have said that, go online and do a quote at the Shannons website... Can't hurt...

  7. #7
    Join Date
    Aug 2009
    Location
    Victoria
    Posts
    1,788
    Thread Starter
    I hate doing those bloody insurance quotes!
    Haha no, $1200 doesn't make me feel any better! I looked up insurance for my VR6 when I first bought it and it was over $3000 a year with the majority of companies I got quotes from.

  8. #8
    Join Date
    Jul 2007
    Location
    Launceston
    Posts
    714
    Users Country Flag
    Holy cowwww - it costs $680 for mine! Why so much, it's a 4 door NA VW hatch?! How can it be so much!?

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