Insurance Scheme

I have a 2002 guIII 3.0 & I am with tcis, currently no modefications and my invoice was $786 and they put me onto hotline insurance and that was in April.
A lot of the problems with other companies is that once you say you have this mod or that mod they don`t want to know you.
TIM

You also want to check the wording of the policies with the other companies in terms of what they cover off-road.

I'm with AAMI and they apparently cover all 'marked' roads, so if you're offroad and the road appears on a map you're supposedly covered. I'll be doing a lot of ringing around for my next renewal as well, as I'd prefer a bit more peace of mind when 4WDing.

Hi Ari,

I am going through the same exercise, my existing policy is underwritten by CGU and I have been advised that they will not cover me with my proposed 2" suspension lift. I also found out that I am not insured for use of 4WD in State forests or National Parks, Stockton Beach, fire trails, 4WD Club trips etc.

Have looked at policies that specifically state ( in writing ) that they cover 4WD for offroad use and found that all the premiums have jumped up quite a lot.

I have a 1998 GU Patrol ST4500 ( GU I ) I have rating one / 60% no claim, have had for 2 years, no accidents in last 3 years. Presently have no modifications, a few of the usual accessories, CB, Dual Batteries, Electric Brake Control etc.

TCIS quoted $ 1126 for 29K Agreed Value ( Underwriter Allianz ) and was advised that the premium would need to be reviewed if I go ahead with 2" lift. They used to use CGU as the main underwriter and CGU has pulled back, they will no longer cover modified vehicles, even 2" lift or less. Now each vehicle is assessed as an individual and the underwriter chosen will depend on the level of modifications etc. This also impacts on the time to get quotes from TCIS,mine took over a week, also took 2 days to get answers on any changes.

Australian 4WD Insurance quoted $ 1168 for Market value of approx. 33K ( Underwriter is NZI/CGU ) no problems with 2" lift being fitted. I was told to just advise them when I have 2" suspension lift fitted, premium will remain the same.
I don't know how long this will last as the underwriter NZI is owned by CGU, don't think it will be long before they also need to change underwriters, hence prmiums will change.

Bushtrack 4x4 Policy from OAMPS ( was Kenyon ) quoted $ 1096 for Market value of approx. 33.5K. Underwriter not specified. Will not except 2" lift, must be less than 2". Also advised that I will need engineers certificate and that a lane change test would need to be performed at my expense even for less than 2" lift. They are presently negotiating with other underwriters and that may change the requirement for lane change test and may also allow 2" lift or higher, but at present they will only quote for stock suspension, each modification must be agreed to and the premium will be adjusted accordingly, assuming they will allow the modifications.

Please keep me informed of your progress, greatly interested in your findings.
As others have mentioned, check the fine print about what sort of offroad coverage the other policies have, most have dodged the question when I have asked, certainly could not get anything in writing.

As my present policy expires at the end of the month I am still trying to find the best option.

Regards,
Mark

Ari

try allianze (spelling?) i have my 99 GU insured with them as i wont touch TCIS again for simular reasons.
Allianze insured it for 45k ( agreed) at a cost of $575 fixed no claim, TCIS would only go 35K and were $1050.
Beware if you ever need to claim though TCIS they are very Fu@$$n slow, to took 7 weeks for my claim to go through and i know one person that had too wait 6 mths.

PS i only have a 2" lift (wink wink)

How about everyone bombard the 4wd association in their state with these queries.. EVERYONE on EVERY list is bitching about it, but nothing is being done to HELP US!!!!

The 4wd association are "supposed" to be lookin after us, and if this is looking after us, Hitler wasnt such a bad bloke compared really..

Im going to bring this up at our club meeting tonight with our insurance officer.

Other insurance companies, I would be VERY weary and read the fine print, or even seek lawyer to read the fine print to make sure your covered where you think you are..

Ari, you have always had to be in a 4wd club to use TCIS anyway..

YMMV

CGU now owned by NRMA. My gu11 is insured with NRMA agreed value 49,230 premium $1031 2in lift + ussual accessaries , take on any road or trackRegards Bob
3 Weeks till Gulf trip

2001 100 series GXL 4.5 no lift, market value, Alloy bull, Mags, rear sun shade, (wifes taxi) Business Insurance Allianz; premium 31/12/02 - 31/12/03 $582.00 stamp duty $70.42, gst $58.20 = $710.62.

Richard

From Ken Bradley TCIS Director!
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I think his 5-15% is in dream land
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Bruce,

Thanks for copying me in.

As I have not maintained my connection to the chat page - at least I can't find it, I would appreciate you inserting the following or giving me details on how to myself.

Majority of insurers will NOT cover vehicles with lift kits 2" or over.

If insuring without telling them, you have no cover.

90% of TCIS clients are seeing increases in the vicinity of 5 % - 15% per year, standard for private motor.

All are covered for agreed value.

Balance, depending on home base, age and a number of other factors are experiencing higher premiums.

We make no apology for requesting people be members of the 4WD Assoc and affiliated clubs - that's what the facility is all about.

Mr Palsson was invited to ring us to discuss options, invitation stands.
Regards

Ken Bradey
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Hi guys
My insurance is up for renewal, so this discussion is very relevant to me.
I am currently with AAMI but for peace of mind contacted TCIS to get "specialised" 4WD cover. They quoted approx $100 more than AAMI, but after reading the "terms and condition " brocure from Allianz I realised that they are the same as AAMI.
So, what is the deal here?? are we being played for suckers or what!!!

Interesting stuff (after 15 posts); I was going to go with TCIS but can't abide paper so stuck with NRMA, did it over the phone in 5 minutes, and got a $300pa bill only for my $30k camper (car is separate, but also with NRMA so I got the 60% no-claims) WITH offroad cover (although in view of others's commenst, I will have to check what they mean about 'offroad') . . .
from:
The Welshmun & The Witch
setting off in 2004

Ari, sorry to change topic but I don't know how to find email addresses. How does your beast handle the 285's? Do you tow at all?

My email is hills1@iinet.net.au to save filling the post with irrelevant material.

Cheers.

Sorry to be daft but what is TCIS?So many places to go!
So much work to do :0(