Submitted: Friday, Apr 21, 2006 at 17:33
ThreadID: 33130 Views:4302 Replies:13 FollowUps:2
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I ordered my first 4x4 today, a Nissan Nivara ST-X diesel manual. Wont be delivered for a couple of months, however I am prepared to wait.

As I am new to 4x4's, I need some guidance from you guys when it comes to comprehensive insurance. I just did a internet enquirey with GIO(I have my current vehicle and house insured with them) and for a replacement value of 45K, they quoted $2188,00! Is this about right? I have a clear driving record with no convictions, never had a claim in 38 years of driving and I live in the rural outskirts of western Sydney.

On delivery, I will be fitting extra's like a steel bullbar/winch, canopy and a roof rack. Should I declare them at the time of the vehicles delivery, or notify the preferred insurance company, when I actually fit them to the vehicle?

Additionally, any advice or direction where I can get a cheaper quote, would be greatly appreciated.


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Reply By: Member - Paul P (Bris) - Friday, Apr 21, 2006 at 17:58

Friday, Apr 21, 2006 at 17:58

I now use an insurance broker for all my insurance (home.contents, vehicle trailer etc.) to overcome the hassle of sorting it all out myself. I find the broker fee saves me many hassles at renewal time.

I have my 4x4 comprehensivley insured. At renewal time I have found my broker always has their finger in the pie and is not backwards in changing insurance companies or informing me of new options/premium options ( as they should do). In the event of a claim I have found my broker very willing to assist.

I provided a list of modifications/accessories/additions to the vehicle to my broker. As the list grew the current insurance company has simply agreed to insure accessories up to the value of $20,000.00 additional to the vehicle insurance.

My vehicle and accessories are insured on and off the road including areas such as state forests beachs etc. Recovery costs are also covered ( in the event of an accident).

Basically I stipulated to my broker what I wanted in my insurance cover and the broker went shopping for me. I always have the option to decline my brokers recommendations and the broker always tells me if a requirement cannot be achcieved or an alternative way of achieving it.

A good insurance broker, who has your interests at heart, is the key to fare and resonable insurance rates and obtaining the coverage you want, if you do not wish to do the foot work and reading and invstigation yourself.

I am confident I pay a fare a resonable price for my insurance and with a reputable insurance company courtesy of my insurance broker.

Its the way I do my insurance.


AnswerID: 168354

Reply By: Hairy - Friday, Apr 21, 2006 at 17:58

Friday, Apr 21, 2006 at 17:58
Get a quote from "Shannons" Insurance I have a couple of Harleys and my 4wd insured with them and the were about half the price of others and one of the only mob who would touch my bikes.
As for your accessories I would let them know as you fit them, you never know what might change before you actualy get them on

AnswerID: 168355

Reply By: craig - Friday, Apr 21, 2006 at 18:05

Friday, Apr 21, 2006 at 18:05
not sure but that could be about right ?? I have a range rover insured with Gio for 25000 .. clean recored in sydney etc etc and thats about $980 ..
AnswerID: 168356

Reply By: Goona - Friday, Apr 21, 2006 at 18:11

Friday, Apr 21, 2006 at 18:11
Mate go to Suncorp. I have a 4.2 turbo patrol 2000 model and have been insuring with them since new and mine is covered everywhere even at 4wd parks not racing though and costs me $600. Driver 34 years old rating 1

AnswerID: 168358

Follow Up By: Kenell - Saturday, Apr 22, 2006 at 10:12

Saturday, Apr 22, 2006 at 10:12
Dont want to burst your bubble but GIO is the Suncorp brand in NSW. There are about 17 rating variables in an average premium quote for car ins. Comparing your premium against another means very little. Mine is insured with GIO in Vic and it is $950 but used for business. The GIO policy has benefits I have not found in others. You have the same policy.

FollowupID: 423766

Reply By: Member - Leigh (Vic) - Friday, Apr 21, 2006 at 18:44

Friday, Apr 21, 2006 at 18:44
I reckon they are ripping you off. Try a quote through the AAMI website and see how that stacks up. I like the broker idea though and might consider this next time for a more competitive set of arrangements. Congratulations though and it'll be worth the wait until delivery, especially when it's handed over!! Cheers
AnswerID: 168366

Follow Up By: macca172 - Friday, Apr 21, 2006 at 18:54

Friday, Apr 21, 2006 at 18:54
Thanks Leigh, I think I got a good deal. $43,750 on road with tub liner, towbar, snorkel and the standard plastics. Looks like a 1st August delivery. Off to the Sydney 4x4 and Caravan Show tomorrow armed with my trusty Visa card, hopefully may pick up some add on's at bargain prices.

FollowupID: 423676

Reply By: macca172 - Friday, Apr 21, 2006 at 18:48

Friday, Apr 21, 2006 at 18:48
Ooops, sorry guys looks like I screwed up with the data entry, mate just popped in and pointed out that the quote was based on a "rating 6' no claim bonus. It should have been a "rating 1" no claim bonus. Re entered all data again and new quote of $871 was given. Thats sounds more like the mark!
Sorry for any inconveniance...ok so Im a dummy!

AnswerID: 168368

Reply By: TJ Hach (VIC) - Friday, Apr 21, 2006 at 18:50

Friday, Apr 21, 2006 at 18:50
Macca.....$2188 sounds excessive to me, but it can depend on what city you live in and what optional extras are included ie excess removal, agreed vs market value, additional drivers etc. I have a 2005 Patrol with various bits and pieces on it and my premium is approx $600 garaged in Melbourne. Shop around, but make sure you carefully read the policy wording to be confident about what you will receive in the event of a claim before parting with your hard earned cash. It is unfortunate, but do not accept what you are told you are covered for verbally by anyone regardless of whether you find the insurer yourself or utlilise the services of a broker.

Unless it is clearly stipulated in the policy wording, or noted on on your certificate of currency you can almost guarantee it will not be covered when it comes time to claim......especially with accessories. You will probably also find that as you add bits and pieces to your vehicle it will impact upon your premium and you will be asked to pay these additional amounts pro rata.

Good luck and happy hunting.

AnswerID: 168369

Reply By: adamj1300 - Friday, Apr 21, 2006 at 19:30

Friday, Apr 21, 2006 at 19:30
i was with NRMA when i first brought my 99 gu that was 733 per yr fully compo
that was with agreed value up to 24.990

now im with dga insurance which is 570 per yr fully compo, im covered for any legal mods, 4wding (except comp racing in which im not really in to that "yet") or on the beach. but thats with market value but i was made to install either a alarm or an imobleiser!

thats 25 make with a rating 1
AnswerID: 168376

Reply By: itsdave - Friday, Apr 21, 2006 at 20:42

Friday, Apr 21, 2006 at 20:42
I'm in the process of buying an STX and have just done a quote on line with AAMI for $43900 at apremium of $511 Sounds pretty good to me.

cheers Dave
AnswerID: 168393

Reply By: Scubadiver - Friday, Apr 21, 2006 at 21:50

Friday, Apr 21, 2006 at 21:50
Just insured my new Paj for $48000 with AAMI rating one $488
AnswerID: 168405

Reply By: Eric M - Friday, Apr 21, 2006 at 23:08

Friday, Apr 21, 2006 at 23:08
Hi Macca,
I'm insured with QBE/Western Underwriters and have been for 34 years. New patrol last July, $474.00 full comprehensive insured value $53K including spots bullbar uhf. For an extra $110, all camping equipment including camera laptop gps to the value of $4,000.
I have heard a few heartaches when it comes to insurance you do have to have a goodlook around.
EricM WA
AnswerID: 168414

Reply By: Kata - Saturday, Apr 22, 2006 at 00:16

Saturday, Apr 22, 2006 at 00:16
I have recently also just had a covernote put on my 4runner SR5 LTD 1993 I am 32years old Rating 1 and i feel really ripped of if you guys are getting such great pricing on insurance.
I rang AAMI and they told me $700 even for full comp and full coverage everywhere except for racing, but when I recieved the paperwork for the policy I see nothing that stipulates offroad as I asked will it cover me in a paddock if i fall in a ditch or right it off of in a tree...i no abit harsh but was asking the question.

Who do people suggest for Insurance in Melb?

AnswerID: 168422

Reply By: Member - Troll 81 (QLD) - Saturday, Apr 22, 2006 at 08:09

Saturday, Apr 22, 2006 at 08:09

I am with a broker called TCIS and can only say good things about them, they only deal with 4x4, their claim is unlimited mods and accessories. I pay $840 a year with a good record and I am only young so you can get it much cheaper than your $5550000 you got quoted
AnswerID: 168436

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