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Why is insurance so expensive for a wrx??


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#1 Bguns99

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Posted 13 November 2017 - 09:29 PM

I've been doing some research on insurance quotes for a hawkeye wrx and the best quote I have found is $1687 annually for full comprehensive plus $850 excess if I crash. Does this seem right? What do you guys pay? Thank you!

#2 Niko

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Posted 13 November 2017 - 10:33 PM

Yeah, you under 25? Live in a neighbourhood with high car theft, prangs etc? That isn't a crazy price for a young bloke in a regularly crashed car. I am over 25 with rating 1 since 17 and still needed wife to be primary driver to bring my premium under $2000 for my 86. Even my Foz was still $1200p.a.

Welcome to corporate greed my friend.


 


#3 Liberty

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Posted 13 November 2017 - 10:38 PM

It is the norm based on exactly what Rosberg mentioned above, as well as postcode, driving history, whether or not you have had any claims before, how long you have been licenced to drive, etc. As much as they want you to get insurance, insurance companies do have to generate income too. It's a business after all.

Insurance is a rip off but when you need it, you'll always be ahead.

I can give you a quote for both Allianz and Toyota Insurance (even for non-Toyota vehicles) if you would like to compare.

Wanting to buy/looking for: single genuine STi rim, genuine STi front lip, Corazon or Zero/Sports grille and another OEM grille

Can you hook a brother up? Please contact me now. I have cash ready.

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#4 Bguns99

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Posted 13 November 2017 - 11:53 PM

Yeah was just a shock to me because my non turbo hawkeye is only a bit over $400 (insurance is in my parent's name). Looks like I'll be keeping my subie for a while, delivery boy wage life 🤙

#5 Barbbachello

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Posted 14 November 2017 - 09:00 AM

Protip: Move to the country. My insurance costs halved :)



#6 Liberty

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Posted 14 November 2017 - 09:12 AM

Protip: Move to the country. My insurance costs halved :)

 

Mine aren't far off when I move next year to the property we bought. I am paying about $140 per month and if I stay with NRMA the premium will be about the $90 per month mark. It trips me out how much of a difference there is in only 20-30 minutes between suburbs.


Wanting to buy/looking for: single genuine STi rim, genuine STi front lip, Corazon or Zero/Sports grille and another OEM grille

Can you hook a brother up? Please contact me now. I have cash ready.

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2006 Liberty MY06 3.0R SpecB wagon


#7 Jimbo

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Posted 14 November 2017 - 06:25 PM

I'm 31 and still paying about $1200p/a with Shannons, MY04 Liberty GT. In a couple of years I'd have paid the value of the car in premiums alone.

It's pretty outrageous, considering I have never made claim.


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#8 TSG

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Posted 15 November 2017 - 09:22 AM

I paid on average $900 per year with AAMI for my Liberty B4 at 23. It creeped up each year. Then I moved suburbs and it jumped to $1500, I paid the difference. So I changed insurers to NRMA the next renewal, which brought it back down to $850. I'm still with NRMA and pay roughly $850 for my late model WRX at 29. My excess was around $1000 under 25, but now at 29 its $600.

 

For your price bracket you might be able to swing a Liberty GT? Throw them into the online quotes, see what comes up. Generally they avoid the dickhead tax.



#9 Barbbachello

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Posted 15 November 2017 - 09:42 AM

Looking forward to turning 25 and getting out of the hoon bracket



#10 Niko

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Posted 15 November 2017 - 10:03 AM

Looking forward to turning 25 and getting out of the hoon bracket


27 now.


 


#11 Barbbachello

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Posted 15 November 2017 - 10:29 AM

Git :fork: d



#12 Niko

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Posted 15 November 2017 - 11:11 AM

Yup, it's a rort. The 86/BRZ is laughable in regards to insurance, after the Corolla and Camry it must the most crashed vehicle in Aus, I couldn't believe the quotes I was given.

But yours should be less now anyway, what is the value, like $5k?


 


#13 duncanm

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Posted 15 November 2017 - 11:35 AM

It creeped up each year. 

 

always shop around on renewal time. Always.

 

The bastards typically raise it in increments hoping you'll just be lazy and stay with them.

 

(almost 50, living in quiet suburbia, driving something that the insurance companies think is slow and safe (outback), living the dream of low insurance premiums :)



#14 Liberty

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Posted 15 November 2017 - 01:14 PM

Still happy to send out insurance quotes for Allianz or Toyota Insurance for you guys to compare with your current policies.

Wanting to buy/looking for: single genuine STi rim, genuine STi front lip, Corazon or Zero/Sports grille and another OEM grille

Can you hook a brother up? Please contact me now. I have cash ready.

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#15 zahmad

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Posted 15 November 2017 - 04:25 PM

Gaz, do you mind sending through the pds?

#16 Jimbo

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Posted 15 November 2017 - 08:05 PM

I did some quote surfing last night. Woolworths actually came in significantly cheaper than anyone else at just under $900pa.

Might ring Shannons and see if they can match it, if not, I'll switch.

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#17 zahmad

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Posted 15 November 2017 - 09:06 PM

Make sure you read the PDS to check what you're covered for Jimbo



#18 Niko

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Posted 15 November 2017 - 09:12 PM

Allianz and Toyota were like $3k for me.


 


#19 Liberty

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Posted 15 November 2017 - 11:19 PM

Jimbo, beware of full on budget insurances as they are cheap for a reason. Insurers like Budget Direct are poor and Coles for example are cheap at the beginning and go up as you go. They offer cheap at the beginning to suck you in.

Rosberg, send me your details to see if I can help out with your quote.

Gaz, do you mind sending through the pds?


Sure thing. I'll get it tomorrow. Send me your email in a private message.

Wanting to buy/looking for: single genuine STi rim, genuine STi front lip, Corazon or Zero/Sports grille and another OEM grille

Can you hook a brother up? Please contact me now. I have cash ready.

~

3fxl2Ca.jpg

~

2006 Liberty MY06 3.0R SpecB wagon


#20 Barbbachello

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Posted 16 November 2017 - 08:50 AM

Shannons is the only company ive found that offer priority buy back. Wont go with anyone else for that reason






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