Club 4X4 - Insurance for 4X4 Enthusiasts

[rainsey]

Hi,

Please don't think that I'm out just to bag your company, that is not the case. I dislike ALL insurance companies equally. It is the nature of all vehicle insurance in this country that rubs me the wrong way. Sell a product for the highest price possible, while being exposed to the least possible risk, and with the greatest possibility of declining the claim. Indirectly, that statement is the creed of all insurance.

The American vehicle insurance is a much better and fairer method ... insure the driver, not the vehicle. Unfortunately, that will never happen in Australia because of our much smaller population of possible policy holders and the need to acquire more revenue for our excessive amount of insurance providers. This is why many companies see the Asian market as the next "goldmine".

Anyway ...... your message. "price is important, but there should always be a balance where you understand the coverage as well".

Price IS extremely important to the prospective policy holder, as is understanding the coverage, but reading the "fine print" or PDS ( policy disclosure statement ) is CRITICAL. You will discover that nearly all standard vehicle policies have the same "exclusions" ( non-disclosure, roadworthy requirement, existing damages, previous claims ...ect.... )

A number of insurance companies are now claiming to be better than others because they cover all your accessories. Don't be fooled, you will be indirectly paying for it. I would rather pay to replace any stolen accessories than "inflate" the policy cost. All company's have done their homework and know the statistics of total vehicle loss against stolen accessory claims. They will always be in front.

In conclusion ........

IMO, cost is the only difference between all of them. So, after checking everything's equal, go for the cheapest price.


* Note : This is my personal opinion only and not intended to defame any particular company or individual.

To a degree I do agree with the comments as this is systemic across all insurance, not just motor vehicle, but, having been looking at insurance for a very highly modified vehicle I can honestly state that cost is not the only difference.

My biggest issue with insurance companies is not so much the accessories Perse' but rather things such as driving and coverage on non gazetteed roads. I do a lot this type of driving and from what I can understand, Club 4x4 do this type of coverage.

I have no allegiance to any insurance company but just as a comparison, I have had my Patrol GU 3l insured with a major Insurance company until I did an engine conversion. My previous insurance was for $26K, my new insurance is $62K. The base price with Club 4x4 came in about $100 more. By the time I added a few add one I think the premium came in at about $150 / year more.

I finally think Club 4x4 might actually be the first customer focused insurance company out there. Albeit they obviously have an under writer that sets the ultimate price but for bang for buck, I struggle to see anyone better for a highly modified vehicle that is typically outside the square.

Kindest regards
Rainey



Sent from my iPad using Tapatalk HD