Thread: Series 3 comprehensive insurance

Just so people know, it is possible to obtain reasonably priced comprehensive insurance for a series 3 with an agreed value. Just took out comprehensive, agreed value $5000, no need for accessories to be specifically listed (so what's on the car is on the car), no issues with the engine conversion or fitment of the LPG system (a lot of insurers won't insure because of this) and no issues with it being a daily driver. Also lifetime guarantee on repairs (and lets face it - lifetime for a series 3 is a lot longer than for the average car)

The cost for a rating 1 driver in Brisbane just over $250 per annum. The 3rd party property damage, fire and theft insurance alone was going to be $160 per annum from the same insurer.

I didn't think that was too bad for the insurer, affiliated with a motoring organisation based in NSW (subtle hint!!!)

I would be pushing for repair rather than writeoff. Last time I had a roo strike in a suzuki sierra, they wrote the car off, paid me out in full but I was able to keep it and still drive/insure it. Just had to do a stat dec to say it had been repaired. Car was worth $2500, they paid me $3550 after the excess, repairs cost me under $100 to complete myself and car was back on the road the whole time just minus front bumper and nudge bar. Didn't even use any bog just a $25 set of hammer and dollys from the cheapie shop, which I then sold at my next garage sale for $50.

They tend to want to go for the path of least resistance and in this case the parts would have taken about 6 weeks to arrive during which time I would have needed a hire car etc, so the cheapest option for them was a payout. Was in a remote area with only one panel shop and their quote was over $5000 for the repair. All it needed was a repair to the guard, bonnet, grille and headlight, but they quoted on new spotties, new nudge bar and all other parts new.

Originally Posted by gromit

Do you retain ownership of the car in the event of an accident ? It's worthwhile confirming because a lot of policy's pay you out but you loose all rights to the vehicle.


Colin