who drives WITHOUT insurance? poll

[Falcon Girl]

I have full comprehensive insurance... not cheap for a young student but personally, it comes down to peace of mind and knowing that I have insurance should something happen.

[XRQTOR]

Originally Posted by Heeno

and judging by what most of you have said about if you can't afford insurance don't get a car, well your basically saying all the single parents out there struggling, who can just afford a car to run their small kids around arn't aloud to have that car if they don't get insurance, hmmm i'd like to see you tell them that!

So do you think it's fair when they write off someone's pride and joy and cannot afford to pay for it, how bad off would they be then when they have to make weekly repayments for the next 75 years to cover the damage.

I dont think people care if it's in your oldies name so long as the other car is covered in the event of an accident. If they had set rates for cumpulsary third party i think it could work.

[DanielXR8]

Originally Posted by davway

ok what if you WIN a car but cant afford insurance for it? (there could be numerous reasons for not being able to afford it - money, appalling driving history, whatever).
i know in most cases if you were reasonably poor you would sell the car anyway but you would still like to drive it before hand.

If you were to do that, then you would be irresponsible.

Daniel

[MITCHAY]

Originally Posted by XRQTOR

So do you think it's fair when they write off someone's pride and joy and cannot afford to pay for it, how bad off would they be then when they have to make weekly repayments for the next 75 years to cover the damage.

I agree with what you said there.

Why should someone have to pay for their own car to be fixed when some ******** whos at fault doesnt have insurance.

Its bad enough when your not at fault that your cars damaged in the first place but then having to make a claim on your own policy because the other ***** doesnt have insurance just makes it worse.

If anyone here can say that its fair that they write off someones car and cant afford to pay for the damage id be very suprised

I can say with guarentee id rather pay insurance whether i ever make a claim or not in my life, than write off a Merc, BMW or porsche etc, and be in huge debt for the rest of my life. I know that would be more expensive than paying insurance.

[LTDHO]

Originally Posted by MITCHAY

Why should someone have to pay for their own car to be fixed when some ******** whos at fault doesnt have insurance.

Its bad enough when your not at fault that your cars damaged in the first place but then having to make a claim on your own policy because the other ***** doesnt have insurance just makes it worse.

If anyone here can say that its fair that they write off someones car and cant afford to pay for the damage id be very suprised

I can say with guarentee id rather pay insurance whether i ever make a claim or not in my life, than write off a Merc, BMW or porsche etc, and be in huge debt for the rest of my life. I know that would be more expensive than paying insurance.

I agree with you.

IMO - every car on the road sure be insured. It isn't expensive!

[Rodp]

Originally Posted by LTDHO

I agree with you.

IMO - every car on the road sure be insured. It isn't expensive!

Obviously you don't live in Sydney.

[TheSneakiness]

Originally Posted by Heeno

Well i'll let you know now, to the ones that like to have a go at people for their opinions...i couldn't give a F@$k what you have to say so don't bother.

Anyway i haven't got any insurance what so ever in my name, simply cuz it is to expensive and i need a car to get to work, otherwise i can't get there, which means no job! which means i go on the dole and take YOUR hard earned cash! i still run everything through mums name because it is cheap as **** top cover and my name is down as a driver of the vehical, so i can go out and wreck a 911 TT and walk away with a smile on my face knowing im all sweet! and i will continue to do this untill im 25 and don't get hit with outragous prices, sure i'll start off on a dodgee rating but its better then payin 1600 a year + 8 years(going by when i turned 17)= $12800 wasted just to get a cheap price on insurance.

and judging by what most of you have said about if you can't afford insurance don't get a car, well your basically saying all the single parents out there struggling, who can just afford a car to run their small kids around arn't aloud to have that car if they don't get insurance, hmmm i'd like to see you tell them that!

Ignorance is bliss, ain't it?

Even with my cruddy old 3.9L CFI EA, I still put third party fire and theft on it. How much? $20 bucks a month. Boo hoo, you can go without that extra booze/ciggies/whatever you wanna buy.

With my AU, I put full comp on it with some extra options (Hire car, accommodation). How much? $70 a month (Rating 2). I'm 21. I was put on Rating 3 when I first got full comp (last year) because of my driving experience.

If you can go Pay by the Month, do it. Gives you peace of mind.

I was paranoid driving the AU around without insurance.

[brenx]

Your not doing bad only paying $70 for a modded AU. I didn't pay much less for a non-modded EL. Adding mods sees the monthly payment skyrocket and I'm rating 1. I had to search damn hard to re-insure the EL for a reasonably amount per month $47pm I think.

My O2 Mazda 5dr Hatch is $67pm.

I would have thought with my rating and age I'd be able to insurer a stock late model car for under $500. I've attempted on the XB but when they see two pages of exact details on the car they soon change their mind about wanting to insure me. They decrease the payout figure to a point thats laughable. So low you couldn't buy a decent rolling chassis. Not bad for a car that owes me (have reicepts) for well over the $30k mark. Insurance is a joke with old modded cars. I've asked insurers to insure me for around $10,000-$15,000 which is where I think is reasonable (less than 50% of $ spent). Best offer so far is $5000 insurance and I've been offered $10,000 to sell the car. Premium? $1250pa pretty bad when you know a decent XB shell is almost priceless. Took me 2 years to find.

Vigil recently stooged a mate. He didn't read the policy. He thought he was on agreed value of either $8000->10,000 for a very clean XB wagon. Payout less excess and buy back was $3500. They had the car insured for $6000 WTF? Not bad for a car that owes more than $10,000->$15,000 rough guestimate. ROFL. I'd dare say it'd be one of the cleanest XB wagons around.

If I could afford it? I'd like to start an insurance company and make loads of $ and payout very little for what a cars worth.

If it ain't stock or your not 29 or above insurance is higway robbery.

Saying everyone should be insured is very narrow minded but I personally think it's correct. I think insurance companies have a duty to insure all cars modded or not, for a reasonable premium and payout figure. Reasonable price being not more than 5-10% of cost of car/build whatever. Reasonable payout figure meaning if you put your paying out $10,000 the insured gets $10,000 and no a $ less @ fault or not.

Am I wrong assuming people insure their cars for an amount that will cover the purchase of a replacement car of the same type when written off?

[XRQTOR]

Originally Posted by Rodp

Obviously you don't live in Sydney.

19 yr old male driving a brand new Ba xr8 MKII in sydney (Capmbelltown) with 1 at fault against my name......$355o a year. No it isn't real expensive considering that'll cover my $6o,ooo car and whatever else i take out and iv'e had 1 at fault accident.

Factor out the cost of my car and thrid party shouldn't be overly expensive.

[Rodp]

Originally Posted by XRQTOR

19 yr old male driving a brand new Ba xr8 MKII in sydney (Capmbelltown) with 1 at fault against my name......$355o a year. No it isn't real expensive considering that'll cover my $6o,ooo car and whatever else i take out and iv'e had 1 at fault accident.

Factor out the cost of my car and thrid party shouldn't be overly expensive.

Maybe it's a matter of perspective. I consider that very expensive, especially when you compare it to other states. Is the car registered and insured in your name only as it also seems very cheap considering your age, it being a V8 and you've already had 1 at fault.

[MITCHAY]

Whats funny is some people who buy heaps expensive cars and then about insurance on it. I mean it doesnt take much brains to work out the more expensive the car is, the more it will cost on insurance. And being under 25 will just ad to it in any car not neccessarily modded ones. Lucky for me i dont pay it, my parents do. I still had to pay first years insurance though and i think it was $750-800.

Yes thats a lot of money (in my eyes but not to some people) but id rather pay that instead of potentially being in debt to the tune of 10s of thousands of dollars. Buying the car is the easy bit (yeah might be expensive but once youve paid for it thats it you own it).

Being able to maintain it is the killer on the wallet. If people considered if they would be able to maintain it after buying it then we wouldnt have the problems of uninsured drivers.

At the moment i will keep driving my 4cyl because i know i could afford it if i had to pay it instead of my parents. If i was to get a V8 there is no way in hell id be able to afford it hence why i dont have one.

Simple answer is if you cant afford the insurance dont buy the f**kn car

[XRQTOR]

Originally Posted by Rodp

Maybe it's a matter of perspective. I consider that very expensive, especially when you compare it to other states. Is the car registered and insured in your name only as it also seems very cheap considering your age, it being a V8 and you've already had 1 at fault.

Yep insured & registered in my name.

Never made a claim on the at fault but told them anyway.

I think it's a fair price considering my age, car, price, location, experience/reccord.

[LTDHO]

Originally Posted by Rodp

Obviously you don't live in Sydney.

Rod I don't, so what's it like in NSW?

Originally Posted by Brenx

If I could afford it? I'd like to start an insurance company and make loads of $ and payout very little for what a cars worth.

Unfortuneally it is very hard to pay out less than a vehicle is worth. Most people thing there car is worth more than it is!

Originally Posted by Brenx

Saying everyone should be insured is very narrow minded but I personally think it's correct. I think insurance companies have a duty to insure all cars modded or not, for a reasonable premium and payout figure. Reasonable price being not more than 5-10% of cost of car/build whatever. Reasonable payout figure meaning if you put your paying out $10,000 the insured gets $10,000 and no a $ less @ fault or not.

Premium is based on more than the vehicle value. It is based more on risk. ie type of vehicle, details of where it's kept and type od driver.
If you live in an area where cars get stolen from alot, then you will pay a higher premium.

Originally Posted by Brenx

Am I wrong assuming people insure their cars for an amount that will cover the purchase of a replacement car of the same type when written off?

Sorry that I keep quoting you but you raise good points/questions.

There is a difference between replacement and market value policies. Not everyone goes for replacement cost. Also you don't choose the market value, the insurance company does. If you want to agree to a value, that where you choose an Agreed value policy.

[Heeno]

Originally Posted by AUII_SE_Ute

Ignorance is bliss, ain't it?

Even with my cruddy old 3.9L CFI EA, I still put third party fire and theft on it. How much? $20 bucks a month. Boo hoo, you can go without that extra booze/ciggies/whatever you wanna buy.

With my AU, I put full comp on it with some extra options (Hire car, accommodation). How much? $70 a month (Rating 2). I'm 21. I was put on Rating 3 when I first got full comp (last year) because of my driving experience.

If you can go Pay by the Month, do it. Gives you peace of mind.

I was paranoid driving the AU around without insurance.

cars insured under my old girl, so i actually have top cover, get all the benifits and all i pay is 600 a year! better then a few K.

[RED_EL_XR8]

Originally Posted by brenx

...............If it ain't stock or your not 29 or above insurance is higway robbery.

Saying everyone should be insured is very narrow minded but I personally think it's correct. I think insurance companies have a duty to insure all cars modded or not, for a reasonable premium and payout figure. Reasonable price being not more than 5-10% of cost of car/build whatever. Reasonable payout figure meaning if you put your paying out $10,000 the insured gets $10,000 and no a $ less @ fault or not.

Am I wrong assuming people insure their cars for an amount that will cover the purchase of a replacement car of the same type when written off?

You cant have it both ways, if pressure was put to bear on insurance companies to insure items they saw as a greater risk. Then they would lobby with their considerable might to have such vehicles banned from the roads.. Not something any of us would like to see happen.

As for sharing the risk, many who have made few or no claims are already sharing a disproportionate amounts of the costs.

[brenx]

Thats why they call it insurance. Your supposed to be covered for everything. You'll find more people are insured that don't claim which covers the small amount of people that do claim.

[TheSneakiness]

Originally Posted by Heeno

cars insured under my old girl, so i actually have top cover, get all the benifits and all i pay is 600 a year! better then a few K.

Oh, you do have insurance. Oh.

Heh. That's good then.

[Heeno]

Originally Posted by AUII_SE_Ute

Oh, you do have insurance. Oh.

Heh. That's good then.

yea sorry i should of explained that before

[4Vman]

Originally Posted by Heeno

cars insured under my old girl, so i actually have top cover, get all the benifits and all i pay is 600 a year! better then a few K.

The only problem with that idea is you aren't acruing an insurance rating which means sooner or later you'll have to start at rating 6 ie:high premium!

[Heeno]

Originally Posted by 4Vman

The only problem with that idea is you aren't acruing an insurance rating which means sooner or later you'll have to start at rating 6 ie:high premium!

yea i know i realise that and when that time comes ( when im 25) it will be a hell of alot cheaper starting out, then if i was to start now and pay extremely high amounts of money for insurance. and right now $600 for top cover, for a 19yo is a hell of alot better then payin 2-3k. thats just the way i look at it.

[Rodp]

Originally Posted by LTDHO

Rod I don't, so what's it like in NSW?

Bloody expensive.

I've seen others complain about having to pay $800pa for a GT in other states when I pay $1800 for an XR8 in Sydney.

When I'm thinking of getting a new car, I shop for insurance before I shop for a car. I had a VQ Statesman about 7 years ago now and the renewal for my premium came in at $7000 after it was stolen that period.

If an 18yr male old wanted to insure a TE50 in my suburb, it would cost ~$11,000pa.

While I agree with your point that all drivers should have insurance (even if it is third party) it's not neccessarily cheap. It depends on where you live.

[347Stroker]

The way I see it is that if you dont have insurance, it reinforces an old saying,

JUST GOES TO SHOW YOU DONT NEED A LONG NECK TO BE A GOOSE.....

[EL_futuraistic]

I cant seriously believe how many ppl either dont have insurance, or think its a good idea not too.

I used to work with a few guys who also thought it was a good idea not to pay insurance, "saving them money"..........If you have so much money that u can afford to pay out for a written off C55 Mercedes or Porsche 911 turbo, then u have enough money and sense to pay $800 a year to save you $300,000 in the long run.

I will join the linch mob in saying "IF U CANT AFFORD THE INSURANCE, U CANT AFFORD THE CAR SO GET OFF OUR ROADS"

[GT290]

Originally Posted by EL_futuraistic

I cant seriously believe how many ppl either dont have insurance, or think its a good idea not too.

I used to work with a few guys who also thought it was a good idea not to pay insurance, "saving them money"..........If you have so much money that u can afford to pay out for a written off C55 Mercedes or Porsche 911 turbo, then u have enough money and sense to pay $800 a year to save you $300,000 in the long run.

I will join the linch mob in saying "IF U CANT AFFORD THE INSURANCE, U CANT AFFORD THE CAR SO GET OFF OUR ROADS"

I second that.

[Electric]

I bought a 3 year old Nissan Pulsar for $2200 a few years ago from a bloke at work.

He could not afford to repair the minor front damage it had sustained, when hit an old Dato, that then spun over the median strip and totalled an oncoming brand new Magna.

The bloke was uninsured and had to pay $3k for the Dato and another $34k for the Magna, so had no money to fix his girlfiends Pulsar, so I bought it for what the pannel beater offered him because he needed the money.

That was almost 10 years ago, with the money he has now, he drives a 1970's Landcruiser.

I too will join the linch mob in saying "IF U CANT AFFORD THE INSURANCE, U CANT AFFORD THE CAR SO GET OFF OUR ROADS"

[gozza]

i know the importance of insurance
crashed my dads outback into a parked laser..took out a fence and slammed the outback into a tree warping the chassis....2 written off vehicles and property damage to an uninsured 17 y/o equals major pain....thankfully i was insured to drive it...still had a 2k excess tho..but ended in smiles cos the payout was 10k more than the trading in price he was gonna get for a h6

[Matto_84]

Im aged nearly 21. For my EL which is relatively stock on a rating 2 I cant get anything Less on Full comp for about $1700.. In the last 3 years of driving I have only had one very minor accident which was paid in cash and I have never made a claim. Insurance is a , and simply im not gonner cut my premium down and have to pay $2000 on a excess if I have a major accident. So I have been forced onto 3rd party fire and theft.. which only costs $325..

Never be without it any insurance - full comp for me! Especially after a crap heap datto without insurance a few yrs ago decided to change into the right lane when I was already in it and pushed me up onto the medium strip after totalling my left front guard.

Sounds like dattos are prang magnets, hey Electric!!??

[Electric]

Originally Posted by matto76

Sounds like dattos are prang magnets, hey Electric!!??

Naah must be all smashed by now.