Originally posted by Sierra
My premium has jumped $160 from last year up to $949 .... and last years premium was $130 up on the year before ........ aaahhhhhhh!!!!! ...... and not only that but my supposedly "Agreed value" keeps comming down as well!!
I'm told that the 'agreed value' comes down automatically, due to 'depreciation', but that it's "only a suggested value, contact us to alter it".
Am I really so out of touch to be shocked at these prices ??????
No, do what I did and shop around.
I was wondering what you guy's and gal's have been experiencing with your insurance premiums on a similar vehicle ?
Mine's a 95 EF XR6 Manual and I'm in the over 40 age group (Yes, old .... I know :s5 ) on rating 1 on an "agreed value" policy.
I'd be curious to see if my premium figure is normal or not .... geez if it is normal I'd hate to think what you guy's with new AU's and T Series are forking out!!
You haven't told us what the agreed value is, but to give you some idea, my '00 XR6 is insured for $40,000. I'm 40 as well, have a 60% No Claim Bonus (which is the same, I believe as your L1) and, after shopping around, got my annual premium down to about $595 from an initial renewal of $908.
Look for my previous post on Insurance and you'll see the trail. Don't accept it, you can do better with reputable insurance companies. Remember that some insurance companies will quote high if they don't particularly want your business.
Check out some more restrictive policies, such as 'nominated drivers' etc etc. The less the risk to the insurance company, the less the premium (as a general rule).