Insurance conundrum

[BouncyNinja]

"Audi 1.8T" what model man...context is important.

A1? A3? A4? A5? A6?

Sorry, A4 2012

 

[dlk001]

Yes?

Under 25 - check
Performance vehicle (supposedly, don't look at me, go ask VW) - check
Probably just the car insured - check

They are cheating you because that does not make sense. Not even a BMW is classified as a performance vehicle by my insurances.

 

[supersunbird]

They are cheating you because that does not make sense. Not even a BMW is classified as a performance vehicle by my insurances.

Supposedly, don't look at me, go ask VW who made it a "GT".

A BMW M3 would be classed a performance vehicle. A normal one not.

 

[Lawnchairman]

Use Hippo to get a quote and then take the lowest price to Outsurance they will work out a deal for you on your budget.

 

[dlk001]

Supposedly, don't look at me, go ask VW who made it a "GT".

A BMW M3 would be classed a performance vehicle. A normal one not.

I owned E92 335i and E93 335i, and now an M4. My insurance is based on value not performance car. I've used Santam and now Hollard.

 

[FiestaST]

I owned E92 335i and E93 335i, and now an M4. My insurance is based on value not performance car. I've used Santam and now Hollard.

Out of interest what is the ~ premiums pm for an M4?

 

[DuckKnuckle]

I owned E92 335i and E93 335i, and now an M4. My insurance is based on value not performance car. I've used Santam and now Hollard.

It could be age related.

I bought my E90 325i at 22 and insurance classed it as a performance vehicle.

Under 25 - check
Performance vehicle - check
Colour: black - check

 

[ToxicBunny]

Pretty much anything above a 125cc motorbike engine is classed as a performance engine if you're under 25 these days...

 

[Old_Liver]

With a broker at the moment, I am 20 years of age, had my license for about 2 years, I have a 2010 Kia Cerato 2.0 sedan, no accident and claims history and I am paying R740 a month.

 

[dlk001]

Out of interest what is the ~ premiums pm for an M4?

2014 M4 insured for R1.3m for R2600pm. Its R2200pm plus excess waiver for R400pm.

My insurance is underwritten by Hollard through an Broker I had 2 claims on my E93 335i in last 2yrs but premiums have remained the same. The Broker is helpful vs going direct through Hollard.

 

[Rouxenator]

R1322 pm - is that just the insurance on the car?

 

[Pho3nix]

With a broker at the moment, I am 20 years of age, had my license for about 2 years, I have a 2010 Kia Cerato 2.0 sedan, no accident and claims history and I am paying R740 a month.

Broker?

 

[Old_Liver]

Broker?

Yip, as I mentioned. Next best was Hollard at around R1200pm.

 

[Brenden_E]

R1300pm!

That's nuts :O

 

[FiestaST]

R1300pm!

R1322 pm - is that just the insurance on the car?

That's nuts :O

 

[Rouxenator]

JFC! I pay R860 for both my cars at rsab.co.za (under written by M&F) and yes, I have been with them side I was 18 and had a couple of claims before I turned 25 including a two vehicle write-off.

Guess I works out having low risk cars of R105k each