Sussing out insurance for P platers...

[InfernalTyrant]

I'm going to pick up my new car on Saturday so I've been looking up insurance prices. Being a male, having had my license under a year, and the type of car makes my only plausible option to get the vehicle registered in Mum's name and put myself as a listed driver, otherwise the premium is up to $6000 with another couple thousand in excess. If I have the insurance under Mum's name, but the car is registered in my name, will this be a problem?

Cheers, Chris.

[Dansedgli]

Likely.

What car is it?

[InfernalTyrant]

AU XR6 ute.

[InfernalTyrant]

lulz

[Jake]

Something doesn't sound right? maybe talk to them in person.

According to some sites I've looked at, I can get a BF MK II XR-6 turbo insured for $75 a week, $19,500 cover, which adds up to $3600 a year, and a $2000 excess. I'm 19 and I'm on my P's, and lost my licence once as well..

I haven't actually got insurance yet, so I'd probably get denied if I ever called up and asked for it lol.


Try raising your excess.

[TAXI]

youi is way overpriced they want 5g a year for my xr6t, where sgic are $900

[InfernalTyrant]

Got a quote from RACV, $150 a month and $1500 excess. Doesn't seem like a bad option.

[67rce]

It's probably about right. Hell, my AU XR8 was going to be $3500/yr when I was 22, hence I only had 3rd party. Try shopping around the major companies, I got full comp on my NC for $502/year with my driving record listed, along with all mods listed just by shopping around.

[Jake]

I just tried sgic, which re-directed me to NRMA because I'm in NSW, for a P-plater to insure a BF MK II XR-6 Turbo;

Comprehensive
$1,699 pa
Comprehensive Insurance
Full coverage for your car
Covers other cars or property you might damage
Agreed value: $22,900
Basic excess: $800


EDIT: Maybe its to do with your location?

[InfernalTyrant]

Would've thought a small country town in the sticks would be good from an insurer's point of view?

[Parfrey]

Get it registered in your mums name too? Then have you listed as a driver..

I can't understand why some people pay 2-3g a year for full comp on cars that are worth 10g or so..

[InfernalTyrant]

If the insurance company finds out that it's actually my car though, which would not be hard at all, they wouldn't pay out.

[Hayden]

My AU xr6 was quoted as 2.5k full comp, with a value of 10k from AAMI. They seemed to be the cheapest, and the area I lived in at the time was deemed as a high risk area.