Budget Direct and Youi Insurance !

[csv8]

I got my insurance renewal and its gone up $130 ! no claims in 5 years.
I did a few quotes and found Budget Direct and Youi are the same ?
Minimum excess $1150! $40 excess on windscreen claim even if I take out the optional windscreen cover ! Agreed car value is $11850 for both? Car sales has it at $15100. RACQ its $14,000.
I rang my current insurer and they wont lower my premium.
I am going with RACQ its $100 cheaper than last years premium with my current insurer.
I rang Shannons and I dont meet their criteria. Other insurers premiums are over $1,000!
An investigation is needed into insurance companies.

[fordomatic]

This is why my daily is a cheap crap box, $14 a month for 3rd party fire and theft.

My weekenders are cheap at $48 a month with limited kms.

Everyone has to have newer cars, which is fine for those that can afford it and don't whinge about it. By the time you take into account servicing and insurance costs, it all adds up. Mine are practicially free and i've saved 10's of thousands over the last years doing it this way.

Shop around and choose a company you are comfortable with. They aren't going to be investigated so no point bleating about that.

[Citroënbender]

What part of the Shannon’s criteria was apparently not fulfilled? I’d have a crack at them on social media if they’re being silly like that.

[FTE217]

yep Insurance companies are major fraudsters nowadays more than ever before.

What is the vehicle csv8 ?

Got to say under todays price rise's 130 isn't that bad to me but I don't your situation.
I find most renewals rise's are higher what I'm dealing with also very picky what they insure.

fordo, always the wise one

[csv8]

Originally Posted by Citroënbender

What part of the Shannon’s criteria was apparently not fulfilled? I’d have a crack at them on social media if they’re being silly like that.

"Sorry, we're unable to offer you cover and your quote will not be saved

REASON

We relied on your answers to our questions to assess your application. Based on your answers, we're unable to offer insurance due to the following:

Sorry, we're unable to offer you a quote. Shannons is a specialised insurer, and our products are tailored to the needs of motoring enthusiasts with a particular attachment or interest in their vehicle. Your answers indicate that another insurer may better suit your needs.

Your quote will not be saved, however you can still contact us if you'd like to discuss why we couldn't offer you insurance."

[csv8]

Originally Posted by FTE217

yep Insurance companies are major fraudsters nowadays more than ever before.

What is the vehicle csv8 ?

Got to say under todays price rise's 130 isn't that bad to me but I don't your situation.
I find most renewals rise's are higher what I'm dealing with also very picky what they insure.

fordo, always the wise one

Its an infamous 2015 Captiva LTZ.!!

[raised by monkeys]

Originally Posted by csv8

An investigation is needed into insurance, utilities, supermarket, petrol companies.

fixed

[Franco Cozzo]

Originally Posted by fordomatic

This is why my daily is a cheap crap box, $14 a month for 3rd party fire and theft.

My weekenders are cheap at $48 a month with limited kms.

Everyone has to have newer cars, which is fine for those that can afford it and don't whinge about it. By the time you take into account servicing and insurance costs, it all adds up. Mine are practicially free and i've saved 10's of thousands over the last years doing it this way.

Shop around and choose a company you are comfortable with. They aren't going to be investigated so no point bleating about that.

Mine are all 3rd fire property damage and fire and theft, so if I stack into someone's Lamborghini I'm not paying $5/week for the next three millenia

Don't care about my own shitbox fleet about it getting damaged, just want to cover someone else's property for my negligence

[kevino]

Originally Posted by fordomatic

This is why my daily is a cheap crap box, $14 a month for 3rd party fire and theft.

My weekenders are cheap at $48 a month with limited kms.

Everyone has to have newer cars, which is fine for those that can afford it and don't whinge about it. By the time you take into account servicing and insurance costs, it all adds up. Mine are practicially free and i've saved 10's of thousands over the last years doing it this way.

Shop around and choose a company you are comfortable with. They aren't going to be investigated so no point bleating about that.

You make some good points there.
But older cars tend to need more repairs and maintenance.
If you are a mechanic or mechanically handy well and good.
If you are useless mechanically like me I prefer a new car and run it say 120000kms.

[Falcon SXR8]

We are all paying for the idiots who fill their garages full of crap and park their cars on the street to get written off in the next " climate change " induced storm/flood.

My car insurance has doubled in the last 3 years. I have 3 vehicles, one on 3rd party only, and I'm about to drop the full comp on one of the others back to 3rd party only as well. I Imagine a lot of others will be doing the same with cheaper vehicles and can see the insurance company's jacking the price of 3rd party only insurance in the near future.

[Citroënbender]

My fleet has aged as I no longer see the appeal in newer vehicles. My older ones tick the boxes sufficiently and I’m not in a situation where there would be taxation benefits. I note in NSW that green slips can cost more if you only have third party insurance on a car.

My biggest discovery/disappointment has been in the thread not posted many hours before this one, re the cost to just paint a bumper. It means a lot of “us” who tote older vehicles, are likely to be chronically under-insured if we accept a nominal value proposed by the insurer. I plan to push this up and expect a solid rise in premium to follow.

Human nature is interesting; we put more time into secondary research (like which new phone to buy) than refining decisions with far greater fiscal impact.

[Jastel]

Dont forget the rampant car theft of the current generation of untouchables.
Also has anyone tried getting a panel beater, mechanic or spare parts from Ford lately...
I can see why it costs more to fix cars.

Had 2 Suncorp policies go up by $200, no claims. Go online and they offer $50 off for internet policy? FFS I am ALREADY your customer, give ME $50 off!

So rang Shannons and $350 less.

AAI owns both companies (and many others too)...go figure.

[prktkljokr]

Just be careful, you get what you pay for, I know we are all trying to save a dollar, but not all policies are equal and their PDS are all different to what they cover you for, remember when you pay the premium you are agreeing to their terms.

I have seen all sorts of shonky $#!t when it comes to what they cover and what they don't cover, if you can use your own repairer, modifications, aftermarket add on's coverage, how they come up with their market value etc, read the PDS before you hand over the $$, I know most of us don't until its too late.

[CyberWasp]

They always seem to creep up the price of renewals to see if you will pay it with out checking. Often if you get a quote from the same company online, it can be cheaper than the renewal.

[ivorya]

Try Australia POst Insurance, underwritten by QBE.

Over $1000 for my 2014 Kuga at others, $600 from here with windscreen

[EBSXR6]

From memory Budget Direct and Shannon's are part of Suncorp.
I checked Youi in the past and there were not cheap for a daily driver.

[Trevor 57]

Youi will only insure anything low risk, hence all the questions. I insured once with them, never again. They are not that cheap.

I have my old cars with Enthusiasts Motor Insurance and my other cars with Woolworths Insurance who are underwritten by Hollards. Caravan with RACV Insurance

I prefer to steer away from Australia's Insurance duopoly of Suncorp and IAG, they own most of the insurance brands in Australia

[DJM83]

Originally Posted by CyberWasp

They always seem to creep up the price of renewals to see if you will pay it with out checking. Often if you get a quote from the same company online, it can be cheaper than the renewal.

Not for me, during the flu season a few years ago when prices went bonkers. I had an agreed price on my XR6T.
If i try online i cant get it insured for anything close to what i have now. But for the most part you are correct.
My policy went up a lot more than the OP's, infact 4 times more. I did get another quote from somewhere else, i just havnt taken it up.

[Trevor 57]

Originally Posted by Jastel

Dont forget the rampant car theft of the current generation of untouchables.
Also has anyone tried getting a panel beater, mechanic or spare parts from Ford lately...
I can see why it costs more to fix cars.

Had 2 Suncorp policies go up by $200, no claims. Go online and they offer $50 off for internet policy? FFS I am ALREADY your customer, give ME $50 off!

So rang Shannons and $350 less.

AAI owns both companies (and many others too)...go figure.

Suncorp own Shannons, scroll down to see all their brands

Insurance Australia Group (IAG) own many of the other brands

[bangm001]

My wife was able to insure our daily drive Mazda 6 with Shannons because she has done a high performance track day and defensive driver training. Also mentioned she wants an AMG one day and they were more than happy to insure it. If your not really an enthusiast and into cars (or at least didn't convey that to them) then that may be reason why you were denied?
We also had a 'not at fault' claim done through Shannons not long ago and they were really good to deal with.

[simon varley]

if you can, look at Apia. They have constantly been cheaper for car, motorbike and household insurance, since I became eligible

[FTE217]

Originally Posted by Trevor 57

Youi will only insure anything low risk, hence all the questions. I insured once with them, never again. They are not that cheap.

I have my old cars with Enthusiasts Motor Insurance and my other cars with Woolworths Insurance who are underwritten by Hollards. Caravan with RACV Insurance

I prefer to steer away from Australia's Insurance duopoly of Suncorp and IAG, they own most of the insurance brands in Australia

Trev, interesting your take on Youi and rightly so whereas my experience and circumstance is opposite.
Having flown down to melb to buy a '21 i30N 2.0 performance coupe and drive back to Syd obviously needed full comp insurance being a company car for the son who is U25 might I add.
So not a cheap cheap car let alone insuring with a U25 we all know the added cost :( so its no low risk this case.
Well I found them pretty damn good actually for there isn't alot of companies to pick from dealing with U25 - first time ever with them.
We have over 15 company cars various policies + some privately owned so I get around alot of Insurance and renewals.
As prktkljokr read and you get what you pay for.
Had a chip screen recently, no fuss replaced.
He left it parked overnight a month + front of the girlfriends place, a Tradie driving his 5ton truck working next door scrapped the DS door panel, front gaurd, side mirror, lower skirt.
I was damn impressed by their preffered panel beater option - high end business, incl being a approved Tesla repairer.
Great job done, great contact and assistance by Youi from start to finish.

Out of most general Insurance mobs keep away from Budget, that is you get what you pay for for normally cheaper.
Never again will I insure with them.
Enthusiast tops the list for pride and joys, I shifted from Shannons long ago to Ryno.
Ryno were great as well but their boardroom changed their policies towards FPV/HSV/TSeries vehicles hence Enthusiast came to be and has grown heaps since.

[Trevor 57]

Originally Posted by bangm001

My wife was able to insure our daily drive Mazda 6 with Shannons because she has done a high performance track day and defensive driver training. Also mentioned she wants an AMG one day and they were more than happy to insure it. If your not really an enthusiast and into cars (or at least didn't convey that to them) then that may be reason why you were denied?
We also had a 'not at fault' claim done through Shannons not long ago and they were really good to deal with.

My 17.5 year old (still on 'L's') grandson just insured he 1990 Ford Maverick with Shannons, nothing to do with driving ability, they normally take your money regardless

[Trevor 57]

Originally Posted by FTE217

Trev, interesting your take on Youi and rightly so whereas my experience and circumstance is opposite.
Having flown down to melb to buy a '21 i30N 2.0 performance coupe and drive back to Syd obviously needed full comp insurance being a company car for the son who is U25 might I add.
So not a cheap cheap car let alone insuring with a U25 we all know the added cost :( so its no low risk this case.
Well I found them pretty damn good actually for there isn't alot of companies to pick from dealing with U25 - first time ever with them.
We have over 15 company cars various policies + some privately owned so I get around alot of Insurance and renewals.
As prktkljokr read and you get what you pay for.
Had a chip screen recently, no fuss replaced.
He left it parked overnight a month + front of the girlfriends place, a Tradie driving his 5ton truck working next door scrapped the DS door panel, front gaurd, side mirror, lower skirt.
I was damn impressed by their preffered panel beater option - high end business, incl being a approved Tesla repairer.
Great job done, great contact and assistance by Youi from start to finish.

They were more expensive, difficult to deal with and VERY patronising on the phone. I tried to insure my house with them, they told me they wouldn't insure it as I was in a flood area, so I asked them why they insured my son's house in the next street over, they couldn't answer me

Originally Posted by FTE217

Out of most general Insurance mobs keep away from Budget, that is you get what you pay for for normally cheaper.
Never again will I insure with them.
Enthusiast tops the list for pride and joys, I shifted from Shannons long ago to Ryno.
Ryno were great as well but their boardroom changed their policies towards FPV/HSV/TSeries vehicles hence Enthusiast came to be and has grown heaps since.

I found Enthusiast's great to deal, I have all 3 of my club rego cars insured with them on one policy which was a saving, valued for much more than Shannons would insure them for. I read poth PDS's and couldn't see a whole of difference. Hollards is a big insurer. Shannons tried to tell me that my 1966 XP Hardtop in fairly original condition was only worth $40k, I asked them to go and find me a replacement for mine in the same condition for $40K, they couldn't answer, that was the death knock. With Enthusiast's you are not insured if a person who is not nominated on the policy is driving. With old cars that is easy to deal with, I think (and I stand corrected) that Shannon's have gone the same way.

[FTE217]

Yer Trevor Enthusiasts are great and importantly for my 2 Falcons agreed value there hasn’t been any argument infact they are higher value than I expect getting away with whereas that’s why I left Shannon’s many many years ago.
They always dropped them renewal time and I had to contest them and played hard ball.

Now mentioning House Ins with Youi that an entirely different compared to talking cars Insurance.
Therefore not surprised - my recent house issues have been a battle mentioning Hollards - Real Insurance.
My wife and I have been battling a claim we made last bloody Nov that has finally been resolved just this week fighting their Trade Inspection negligence.
We have been with them for over 10yrs re House, been a nightmare.


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[Citroënbender]

How do our products, mutual responsibilities and pricing compare with the European market? Curious; not a loaded question.

[Trevor 57]

Originally Posted by FTE217

Now mentioning House Ins with Youi that an entirely different compared to talking cars Insurance.
Therefore not surprised - my recent house issues have been a battle mentioning Hollards - Real Insurance.
My wife and I have been battling a claim we made last bloody Nov that has finally been resolved just this week fighting their Trade Inspection negligence.
We have been with them for over 10yrs re House, been a nightmare.

We were with AAMI (part of the Suncorp group) for years and years (like 20). We had some ground movement of our garage on a fence line caused by our neighbours when they built, nothing to do with drought or floods, purely because their plumber dug a deep trench right alongside our garages footings, over time the ground on their side dried, shrunk etc and caused our wall to lean over requiring a shyte load of underpinning work to straighten it. AAMI wouldn't touch it, despite me having an engineers report on what caused it, they wouldn't move on the 'ground movement' thing. So no more Suncporp's business insurance again, they can go **** themselves

[FTE217]

Yer it’s far worse re house Insurance and they are playing hard ball even more today due to the many natural disasters last 5yrs or so.
They have made a fortune and having had to pay out more than they like the recent times are making it more difficult for smaller claims.
Having gone back and forth for so long and proven the negligence they came to party and now have offered a estimate pay out Or take it further legally.
Now you what time and cost will involve going legal will cost the little muppets like us.
If it was 30k up yer I probably would consider the long game but we’re talking 15k or so.
It peeevs us off but I think we will accept take the offer and move on but come renewal bye bye !


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[Trevor 57]

Originally Posted by FTE217

Yer it’s far worse re house Insurance and they are playing hard ball even more today due to the many natural disasters last 5yrs or so.
They have made a fortune and having had to pay out more than they like the recent times are making it more difficult for smaller claims

that was the problem with my claim, it came after the 2010/2011 Qld floods and they had copped a whacking. I told them that is why they rejected the claim, they weren't happy with me saying it

[Jastel]

Originally Posted by Trevor 57

Suncorp own Shannons, scroll down to see all their brands

Insurance Australia Group (IAG) own many of the other brands

Yes...I literally said that...