DC2R Insurance

[stoodamire]

Hey guys and girls

I was wondering is it possible to apply for insurance with the primary driver being my dad and me the secondary but the car is regoed under my name...

Thanks!

[Q_ball]

Prob easier to call ur insurance company dude.
5mins with them and ull have ur answer.

[destrukshn]

i'm pretty sure it's the same thing if your put your name as the primary, as in same price.

[stoodamire]

Called up the insurance company, answer was no.

Car must be in dad's name in order for the cheaper price, so for everyone's future reference, if you want cheaper insurance under parents name, car has to be regoed in their name..

stupid companies, looks like third party for me..

[bungsai]

get the full comp man...didnt u learn already!!!

[Zilli]

Called up the insurance company, answer was no.

Car must be in dad's name in order for the cheaper price, so for everyone's future reference, if you want cheaper insurance under parents name, car has to be regoed in their name..

stupid companies, looks like third party for me..

who you insured with mate?

the registered owner doesnt have anything to do with it, its got to do with the Policyholder.

you can insure the car under your dads name and have you as a noted driver

[JasonGilholme]

If you can't afford full comp insurance you can't afford to own that car.

[stoodamire]

who you insured with mate?

the registered owner doesnt have anything to do with it, its got to do with the Policyholder.

you can insure the car under your dads name and have you as a noted driver

I was insured with NRMA when i had my Accord.

I asked them, if the car was under my name and i wanted to put the policy under my dad's name, would it be allowed?

The lady said to me, it has to be under the person who the car is registered to.

Something about fraud or some shit..

[stoodamire]

If you can't afford full comp insurance you can't afford to own that car.

You try insuring anything under your own name if you're 18.

[JasonGilholme]

Don't talk to me about insurance.

i pay 1900 bucks a year. and i'm only 20

[marte]

hmm thats od, with racv i insured my commodore under my mums name and the cars in my dads name, and im a weekend driver. they didnt say nothing, except emphasize how it may work out cheaper if i put the insurance in my name (when having an accident)

[stoodamire]

Don't talk to me about insurance.

i pay 1900 bucks a year. and i'm only 20

there's a big jump from 1 year driving exp to 2 years.

1900 is nothing, i paid 2,000 for my Accord earlier this year.

I don't see the problem in trying to lower the costs of insurance that i pay for.

[JasonGilholme]

neither do i man. if i could get mine lower i would but i can't.

What i'm trying to say, and alot of OH members will agree with me, is that you will regret not getting full comp insurance when you crash your car and it'll end up costing you alot more.

[nugget666]

neither do i man. if i could get mine lower i would but i can't.

What i'm trying to say, and alot of OH members will agree with me, is that you will regret not getting full comp insurance when you crash your car and it'll end up costing you alot more.


Thats exactly right. insurance is the way to be. if you thyink your hard done by. try being 18 and owning a turbo import.


Insurance is there for a very valid reason.

[stoodamire]

Yeah, i know...

AAMI, Allianz wouldn't touch me

NRMA quoted me 7600, Just Cars quoted me 4962..

Might have to go with 3rd Party Fire and Theft for now...

sux0rs..

[marte]

allianz i think they make u go on 3rd party for a year then u can go for full comp.

and btw holy crap at ur prices after 3 years thats your car =O

off the top of my head theres a company i think its just insurance i hear there pretty good.

[JasonGilholme]

Are you ringing them up for a qoute or are you using the internet based ones.

The internet based ones are shit. They always overprice.

[marte]

btw i forgot to add, allianz wont give u full comp if your a first time insurer.

But if u've had insurance before (for more then 12 months) then they'd usually insurer you after getting a record check etc.

[stoodamire]

Nah, i've been calling all these places up..It's crazy

Was looking good when NRMA said 3,700 with my name as the main driver..

Till i called again just to confirm if the car was in my name would it be the same, they said the latter...

[Zilli]

thats odd stoodamire

when i worked for aami that wasnt the policy, and i now work for gio and its not the policy

CTP needs to be in the registered owners name, but not car insurance

[stoodamire]

Hmm, i'll give GIO a call and see what they say..

Thanks dude

[Zilli]

i will wanr you, we will be ridiculously expensive, (3k for me) and im 26, they will not insure an under 25, but give them a call anyway there may be another option.

im not in Motor insurance so im not completely clued up. Fell free to hit me with a PM if you need help

[chicken8]

give ryno insurance a call

1300650670

my s2000 is with them under my name for $1821

my mates DC2R is with them and its $890

[chicken8]

after you give them a call post up the price they quoted you too

[bungsai]

true youngandcool as well

$2777 is what i pay on my VTi-R, 20 years old. Imho, cant afford the insurance, cant afford the car. You should really have factored insurance into the eqn before u got it man...

EItherway, that isnt what this is about...

I am pretty sure that the car doesn't need to be in the registered owners name, however you may find with some policies, its cheaper to just put it in your name, than list you as a drive under you parents names.

Remember insurance is all up to statistics and numbers.

[Zilli]

give ryno insurance a call

1300650670

my s2000 is with them under my name for $1821

my mates DC2R is with them and its $890

who is Ryno underwritten by?

[DamienS]

who is Ryno underwritten by?

Calliden - I have my bike insured with them.

[chicken8]

the DC2R will be the shittest car they insure

majority of their customers are ferraris and porsches

my mates EK4 got rejected purely cause it was "too shit"

[chicken8]

also Ryno allows you to pay extra for the track days you go on

most insurers don't have that option.

[rykerz]

For people who live in adelaide, where RAA is based. It is easy to have your insurance policy with your parents name and you as a noted driver. Right now my dc2r insurance only cost 450ish dollar.

[Zilli]

very interesting, ive never heard of this company

time to do some reseach

[bungsai]

just to remind you, you aren't always limited to insurance companies that are popular in your state...most insurance companies will cover you australia wide. I got a good quote from Young and Cool who are QLD based if im not mistaken?

[votek]

mines 2995 at Just cars for my dc2r

[misterpoh]

For people who live in adelaide, where RAA is based. It is easy to have your insurance policy with your parents name and you as a noted driver. Right now my dc2r insurance only cost 450ish dollar.

Thats really interesting to hear. $450 insurance for dc2r. Are you refering to full comp?

EDIT : and you are only 18 Years Old. If its third party I may believe but Full comp, I will say BS

[Spoon DA9R]

still hard to believe..i work at car insurance...even with ur parents noted on..as long as u r the youngest driver...it still cost u more..and the risk of a dc2r is higher than dc5r...my friend doing exactly wot u doing..still pay just over 1K...or...only other explaination..they've put it under Honda Integra VtiR...hahaha...so u'd better check it again dude

[misterpoh]

Vehicle: 2000 - HONDA - INTEGRA TYPE-R LIMITED EDITION 2D COUPE 5 SP MANUAL (Used)
Postcode: 3178 NCB: 1
Driver Age: 24 Youngest driver age: 24
Sum Insured: $27,000 Finance: No
Basic Excess: $750.00 Age Excess: $400.00

Annual Premium:
Base premium: $1071.55
Fire Service Levy: $0.00
Stamp duty: $117.87
GST: $112.15
Policy Fee: $50.00
Policy Fee GST: $5.00
Gross Premium: $1351.58

Special conditions: VEHICLE MUST BE KEPT IN A SECURE LOCKED GARAGE.VEHICLE MUST BE FITTED WITH AN AUSTRALIAN CERTIFIED ALARM SYSTEM. Other information: Please find your quotation details above based on the details you have nominated on your quotation request.

^^ Not a bad quote. Just the excess is a bit high but I can live with that.
Insurance company is Ryno. Full Comp and they are willing to cover all my mods.

[chicken8]

yeah ryno is really good

they have 1 free windscreen replacement per year as well

[Spoon DA9R]

1 free only?...we get unlimied a year, i've already replaced twice this year...but then increase premium the next year...

[chicken8]

yeah this is without increases in premium

[Spoon DA9R]

yeah well...unfortunately thats wot all insurance company say...well thats wot i tell cust anyway...but when it comes to renewal, any sort of claim, ANY that made the company pay for u..will increase the loading on ur policy and increase ur premium....that how insurance company bloody makes money outta us....they properly said.." it won't affect ur rating or no claim bonus..blah blah blah"

[misterpoh]

For people who live in adelaide, where RAA is based. It is easy to have your insurance policy with your parents name and you as a noted driver. Right now my dc2r insurance only cost 450ish dollar.

Any updates on that $450 insurance you have? I am keen to find out more.

[misterpoh]

For people who live in adelaide, where RAA is based. It is easy to have your insurance policy with your parents name and you as a noted driver. Right now my dc2r insurance only cost 450ish dollar.

rykerz > Any updates? My insurance is due soon and I would like to know how you manage to get $450 insurance for a DC2R. All the quotes I have gotten from other companies are over the 1k mark and thats me putting the insurance under my folks name(My folks have no accident history, no claims 30 year customer) We have all insurances with this company and their quote was no way near your $450 mark. It will be good for you to post ur info here as so all other ozhonda members can benefit from this $450 insurance.

EDIT : I saw your post http://www.ozhonda.com/forum/showthread.php?p=955021#post955021 and figured its full comprehensive you were refering to.

I received a quotation from RACV. I asked them to price match and they owned me with this statement "with every single possilbe and MAXIMUM discount even CEO discount of the company. $1090.38, even if the location they live in is the safest and never had an accident the the last 20 years...it can't be 450"

Can any adelaide boys confirm this?

[Spoon DA9R]

i think he found out he's been insuraning the wrong car...

[2002 TeGgY]

man, dc2r's are really expensive to insure. i just purchased a dc5r and insured it under my dad's name with me as a second driver for $800 a year full compo

[misterpoh]

i think he found out he's been insuraning the wrong car...

LOL..

I ran a quote online for a 1994 Honda Civic BREEZE. BREEZE !!!! Driver is 46 years old. Nil Claims for the entire driving history.

Just cars quote $660 for full comp.

Try it yourself. www.justcarinsurance.com.au

[Spoon DA9R]

LOL..

I ran a quote online for a 1994 Honda Civic BREEZE. BREEZE !!!! Driver is 46 years old. Nil Claims for the entire driving history.

Just cars quote $660 for full comp.

Try it yourself. www.justcarinsurance.com.au


haha all insurance company uses a risk value for all veh to determine the cost of premium, u'll be suprise, a 1992 EG have a higher risk value than 2000 DC2R, the risk is determine by how many claims and accidents there's been for the particular veh. I've ran a dummy quote through at where i work, value's i've put in ar:

1999 honda integra type r (cheapest type r to insure)
45y.o. female driver with 27 years of driving experiend (by stats, females are safer drivers...erm...)
vehicle kept at wheeler hill ( this is a fairly low risk suburb)
market value ( shit pay out if total lost but cheapest type of comp insurance)
discounts (now i've put the max discount any CEO of my company can legally give within the company's policy):
MAX no claim bonus for a 45 yo
15% years of insurance discount (max...again )
multi policy disount 10% ( only apply if they have home policies but i just put that in too)

result"
ANNUAL PREMIUM $1090.30 ( this is without adding a younger driver on the pol...if i add it on..it'll be about 1500 or so..at lease depending on the age of coz)

where i work..is not always cheap but even if u go to other companies...i think the lowest u can get is properly 1-200 off...maybe 300