car insurance merry-go-round... again...

Post by lindsay
That time of year again...
GIO sends me an sms this morning: "Hi, your renewal has been sent vie email"
Checks email and surprise surprise, it's not anywhere near what I was
expecting: $1387 I was thinking it was going to be around $1800...
But wait, there's more! (All full comp, with glass and one extra driver)
GIO last year (agreed value $60k) $1167
This year, (agreed value $50k) $1387. $220 more, 10k less. Near 20%
increase, with a 15% decrease in sum insured.
So I checked AAMI: they want $976 for $50k agreed value, glass and extra
driver.
Bye Bye, GIO. Greedy pigs. Until next year, when AMMI will jack up their
renewal, and GIO will become cheaper...

Did you take the AAMI quote to GIO?

alvey

alvey

2025-01-15 07:34:45 UTC

Did you take the AAMI quote to GIO?

alvey

Noddy

2025-01-15 09:33:18 UTC

It's a load of shit, isn't it?

--
--
--
Regards,
Noddy.

Keithr0

2025-01-15 10:09:34 UTC

My AAMI policy is 14% more expensive this year than last.

Noddy

2025-01-15 10:20:44 UTC

Post by lindsay
Bye Bye, GIO. Greedy pigs. Until next year, when AMMI will jack up
their renewal, and GIO will become cheaper...

My AAMI policy is 14% more expensive this year than last.

They go up all the time. My house & contents went up something like 37%
last year. Zero claims, but apparently the insurer had a bad year with
other people so....

--
--
--
Regards,
Noddy.

Daryl

2025-01-15 10:49:49 UTC

Post by lindsay
Bye Bye, GIO. Greedy pigs. Until next year, when AMMI will jack up
their renewal, and GIO will become cheaper...

My AAMI policy is 14% more expensive this year than last.

They go up all the time. My house & contents went up something like 37%
last year. Zero claims, but apparently the insurer had a bad year with
other people so....

Its likely that we are going to contribute to the massive insurance
payouts in Los Angeles whether we like it or not, I know that that's how
insurance works, spread the costs as much as possible but its not as if
the insurance industry isn't already one of the most profitable on the
planet.

--
Daryl

Xeno

2025-01-15 11:20:01 UTC

Post by lindsay
Bye Bye, GIO. Greedy pigs. Until next year, when AMMI will jack up
their renewal, and GIO will become cheaper...

My AAMI policy is 14% more expensive this year than last.

They go up all the time. My house & contents went up something like
37% last year. Zero claims, but apparently the insurer had a bad year
with other people so....

You have the option to not play the shared risk game!

--
Xeno

Nothing astonishes Noddy so much as common sense and plain dealing.
(with apologies to Ralph Waldo Emerson)

Noddy

2025-01-15 11:46:06 UTC

Post by Noddy
They go up all the time. My house & contents went up something like
37% last year. Zero claims, but apparently the insurer had a bad year
with other people so....

It sucks though. They're the risk takers and charge you according to the
risk you represent to them, and will happily cop the premiums and make
record profits in the good times, but when it goes pear shaped and they
cop a loss they want *you* to help pay for it.

They never share the love when they're doing okay, but they're quite
happy to share the pain with you.

--
--
--
Regards,
Noddy.

Daryl

2025-01-15 22:47:59 UTC

Post by Noddy
They go up all the time. My house & contents went up something like
37% last year. Zero claims, but apparently the insurer had a bad year
with other people so....

Its likely that we are going to contribute to the massive insurance
payouts in Los Angeles whether we like it or not, I know that that's
how insurance works, spread the costs as much as possible but its not
as if the insurance industry isn't already one of the most profitable
on the planet.

It sucks though. They're the risk takers and charge you according to the
risk you represent to them, and will happily cop the premiums and make
record profits in the good times, but when it goes pear shaped and they
cop a loss they want *you* to help pay for it.
They never share the love when they're doing okay, but they're quite
happy to share the pain with you.

Trouble is the bastards have us by the balls so they think and generally
can do what they like, Govt's don't seem or want to do anything about it
although I did read in this mornings news that the health minister is
rejecting health insurance proposed premium increases because they are
too high, health insurance is the only area where the Govt has any say
in it.

--
Daryl

Bill

2025-01-15 22:59:12 UTC

Post by Daryl
Trouble is the bastards have us by the balls so they think and generally
can do what they like, Govt's don't seem or want to do anything about it
although I did read in this mornings news that the health minister is
rejecting health insurance proposed premium increases because they are
too high, health insurance is the only area where the Govt has any say
in it.

Not as much as they used to thanks to your mob. The ALP established
Medibank so as to be able to exert pricing pressure on the cartel of
private health funds. Abbott's gov sold it off.

hth

alvey

Xeno

2025-01-16 00:20:13 UTC

Post by Noddy
They go up all the time. My house & contents went up something like
37% last year. Zero claims, but apparently the insurer had a bad year
with other people so....

Its likely that we are going to contribute to the massive insurance
payouts in Los Angeles whether we like it or not, I know that that's
how insurance works, spread the costs as much as possible but its not
as if the insurance industry isn't already one of the most profitable
on the planet.

It sucks though. They're the risk takers and charge you according to the
risk you represent to them, and will happily cop the premiums and make
record profits in the good times, but when it goes pear shaped and they
cop a loss they want *you* to help pay for it.
They never share the love when they're doing okay, but they're quite
happy to share the pain with you.

You voted liberal, you voted for small government and for business to have
free rein. You are reaping what you have sown.

____
Xeno

Noddy

2025-01-16 00:29:42 UTC

Post by Noddy
They never share the love when they're doing okay, but they're quite
happy to share the pain with you.

The various governments do with general insurance what they do with
privartised utilities. They sit back and cop a slice of the action while
letting the insurers and power companies cop all the flack. Any time a
finger is pointed at the government they throw their arms up and say
"They're private businesses. Nothing to do with us". Which is bullshit
of course. The government of the day is just as guilty as anyone else.

I just had a look at my policies. I have everything covered with
Shannons. House, contents, tools & equipment, cars, parts, machinery,
etc, etc. My annual premiums for the lot total just under 6 thousand
bucks, but on top of that is 1300 bucks in GST and Stamp Duty.

Not a bad whack, is it? GovCo gets almost 22 per cent for doing
absolutely jack shit.

--
--
--
Regards,
Noddy.

Xeno

2025-01-16 01:50:33 UTC

Post by Noddy
They never share the love when they're doing okay, but they're quite
happy to share the pain with you.

Trouble is the bastards have us by the balls so they think and
generally can do what they like, Govt's don't seem or want to do
anything about it although I did read in this mornings news that the
health minister is rejecting health insurance proposed premium
increases because they are too high, health insurance is the only area
where the Govt has any say in it.

The various governments do with general insurance what they do with
privartised utilities. They sit back and cop a slice of the action while
letting the insurers and power companies cop all the flack. Any time a
finger is pointed at the government they throw their arms up and say
"They're private businesses. Nothing to do with us". Which is bullshit
of course. The government of the day is just as guilty as anyone else.
I just had a look at my policies. I have everything covered with
Shannons. House, contents, tools & equipment, cars, parts, machinery,
etc, etc. My annual premiums for the lot total just under 6 thousand
bucks, but on top of that is 1300 bucks in GST and Stamp Duty.
Not a bad whack, is it? GovCo gets almost 22 per cent for doing
absolutely jack shit.

You voted for a government whose stated philosophy is small government
and a policy of keeping out of the way of business - you get to suck it up.

--
Xeno

Nothing astonishes Noddy so much as common sense and plain dealing.
(with apologies to Ralph Waldo Emerson)

MightyMouse

2025-01-16 06:38:39 UTC

Post by Noddy
They never share the love when they're doing okay, but they're
quite happy to share the pain with you.

Trouble is the bastards have us by the balls so they think and
generally can do what they like, Govt's don't seem or want to do
anything about it although I did read in this mornings news that the
health minister is rejecting health insurance proposed premium
increases because they are too high, health insurance is the only
area where the Govt has any say in it.

The various governments do with general insurance what they do with
privartised utilities. They sit back and cop a slice of the action
while letting the insurers and power companies cop all the flack. Any
time a finger is pointed at the government they throw their arms up
and say "They're private businesses. Nothing to do with us". Which is
bullshit of course. The government of the day is just as guilty as
anyone else.
I just had a look at my policies. I have everything covered with
Shannons. House, contents, tools & equipment, cars, parts, machinery,
etc, etc. My annual premiums for the lot total just under 6 thousand
bucks, but on top of that is 1300 bucks in GST and Stamp Duty.
Not a bad whack, is it? GovCo gets almost 22 per cent for doing
absolutely jack shit.

You voted for a government whose stated philosophy is small government
and a policy of keeping out of the way of business - you get to suck it up.

better than voting for a goverment that sends the country broke

--
Have a nice day!..
stay sane, be happy, and enjoy living.

alvey

2025-01-16 21:00:05 UTC

Post by Noddy
They never share the love when they're doing okay, but they're
quite happy to share the pain with you.

Trouble is the bastards have us by the balls so they think and
generally can do what they like, Govt's don't seem or want to do
anything about it although I did read in this mornings news that the
health minister is rejecting health insurance proposed premium
increases because they are too high, health insurance is the only
area where the Govt has any say in it.

The various governments do with general insurance what they do with
privartised utilities. They sit back and cop a slice of the action
while letting the insurers and power companies cop all the flack. Any
time a finger is pointed at the government they throw their arms up
and say "They're private businesses. Nothing to do with us". Which is
bullshit of course. The government of the day is just as guilty as
anyone else.
I just had a look at my policies. I have everything covered with
Shannons. House, contents, tools & equipment, cars, parts, machinery,
etc, etc. My annual premiums for the lot total just under 6 thousand
bucks, but on top of that is 1300 bucks in GST and Stamp Duty.
Not a bad whack, is it? GovCo gets almost 22 per cent for doing
absolutely jack shit.

You voted for a government whose stated philosophy is small government
and a policy of keeping out of the way of business - you get to suck it up.

better than voting for a goverment that sends the country broke

Why are you introducing a hypothetical?

alvey

Daryl

2025-01-16 02:13:31 UTC

Post by Noddy
They never share the love when they're doing okay, but they're quite
happy to share the pain with you.

Trouble is the bastards have us by the balls so they think and
generally can do what they like, Govt's don't seem or want to do
anything about it although I did read in this mornings news that the
health minister is rejecting health insurance proposed premium
increases because they are too high, health insurance is the only area
where the Govt has any say in it.

The various governments do with general insurance what they do with
privartised utilities. They sit back and cop a slice of the action while
letting the insurers and power companies cop all the flack. Any time a
finger is pointed at the government they throw their arms up and say
"They're private businesses. Nothing to do with us". Which is bullshit
of course. The government of the day is just as guilty as anyone else.
I just had a look at my policies. I have everything covered with
Shannons. House, contents, tools & equipment, cars, parts, machinery,
etc, etc. My annual premiums for the lot total just under 6 thousand
bucks, but on top of that is 1300 bucks in GST and Stamp Duty.

The numbers get scary when you add them all up, I've never added all our
insurances up but with a house and 3 cars it must be at least $4k.

Post by Noddy
Not a bad whack, is it? GovCo gets almost 22 per cent for doing
absolutely jack shit.

The old tax on a tax trick, they win we loose, such is life:-)

--
Daryl

Xeno

2025-01-16 02:17:46 UTC

Post by Noddy
They never share the love when they're doing okay, but they're quite
happy to share the pain with you.

Trouble is the bastards have us by the balls so they think and
generally can do what they like, Govt's don't seem or want to do
anything about it although I did read in this mornings news that the
health minister is rejecting health insurance proposed premium
increases because they are too high, health insurance is the only
area where the Govt has any say in it.

The various governments do with general insurance what they do with
privartised utilities. They sit back and cop a slice of the action
while letting the insurers and power companies cop all the flack. Any
time a finger is pointed at the government they throw their arms up
and say "They're private businesses. Nothing to do with us". Which is
bullshit of course. The government of the day is just as guilty as
anyone else.
I just had a look at my policies. I have everything covered with
Shannons. House, contents, tools & equipment, cars, parts, machinery,
etc, etc. My annual premiums for the lot total just under 6 thousand
bucks, but on top of that is 1300 bucks in GST and Stamp Duty.

The numbers get scary when you add them all up, I've never added all our
insurances up but with a house and 3 cars it must be at least $4k.

Thought about dumping a couple of the cars, that'd be a responsible
response. The Boxster would be a good start, in your hands it's just a
wankmobile anyway.

Post by Noddy
Not a bad whack, is it? GovCo gets almost 22 per cent for doing
absolutely jack shit.

The old tax on a tax trick, they win we loose, such is life:-)

Well, you have something *loose* up top that you could afford to *lose*.

--
Xeno

Nothing astonishes Noddy so much as common sense and plain dealing.
(with apologies to Ralph Waldo Emerson)

Clocky

2025-01-16 06:43:41 UTC

Post by Noddy
They never share the love when they're doing okay, but they're
quite happy to share the pain with you.

Trouble is the bastards have us by the balls so they think and
generally can do what they like, Govt's don't seem or want to do
anything about it although I did read in this mornings news that the
health minister is rejecting health insurance proposed premium
increases because they are too high, health insurance is the only
area where the Govt has any say in it.

The various governments do with general insurance what they do with
privartised utilities. They sit back and cop a slice of the action
while letting the insurers and power companies cop all the flack. Any
time a finger is pointed at the government they throw their arms up
and say "They're private businesses. Nothing to do with us". Which is
bullshit of course. The government of the day is just as guilty as
anyone else.
I just had a look at my policies. I have everything covered with
Shannons. House, contents, tools & equipment, cars, parts, machinery,
etc, etc. My annual premiums for the lot total just under 6 thousand
bucks, but on top of that is 1300 bucks in GST and Stamp Duty.

The numbers get scary when you add them all up, I've never added all
our insurances up but with a house and 3 cars it must be at least $4k.

Thought about dumping a couple of the cars, that'd be a responsible
response. The Boxster would be a good start, in your hands it's just a
wankmobile anyway.

The only reason he has that old German shit is so he can name drop them
into conversations as if that's supposed to impress people.

Post by Noddy
Not a bad whack, is it? GovCo gets almost 22 per cent for doing
absolutely jack shit.

The old tax on a tax trick, they win we loose, such is life:-)

Well, you have something *loose* up top that you could afford to *lose*.

--
In thread "May need to buy petrol soon" Sept 23 2021 11:15:59am
Keithr0 wrote: "He made the assertion either he proves it or he is a
proven liar."

On Sept 23 2021 3:16:29pm Keithr0 wrote:
"He asserts that the claim is true, so, if it is unproven, he is lying."

Noddy

2025-01-16 02:26:07 UTC

Post by Noddy
I just had a look at my policies. I have everything covered with
Shannons. House, contents, tools & equipment, cars, parts, machinery,
etc, etc. My annual premiums for the lot total just under 6 thousand
bucks, but on top of that is 1300 bucks in GST and Stamp Duty.

The numbers get scary when you add them all up, I've never added all our
insurances up but with a house and 3 cars it must be at least $4k.

Post by Noddy
Not a bad whack, is it? GovCo gets almost 22 per cent for doing
absolutely jack shit.

The old tax on a tax trick, they win we loose, such is life:-)

Yep. Fuck all you can do about it.

--
--
--
Regards,
Noddy.

Xeno

2025-01-16 02:37:32 UTC

The numbers get scary when you add them all up, I've never added all
our insurances up but with a house and 3 cars it must be at least $4k.

Post by Noddy
Not a bad whack, is it? GovCo gets almost 22 per cent for doing
absolutely jack shit.

The old tax on a tax trick, they win we loose, such is life:-)

Yep. Fuck all you can do about it.

You can choose to take your business elsewhere.
You can choose to change coverage details.
You can choose to have no cover.

Look at that, 3 options straight off the top off my head.

--
Xeno

Nothing astonishes Noddy so much as common sense and plain dealing.
(with apologies to Ralph Waldo Emerson)

jonz

2025-01-16 03:08:41 UTC

Post by Noddy
They never share the love when they're doing okay, but they're
quite happy to share the pain with you.

Trouble is the bastards have us by the balls so they think and
generally can do what they like, Govt's don't seem or want to do
anything about it although I did read in this mornings news that the
health minister is rejecting health insurance proposed premium
increases because they are too high, health insurance is the only
area where the Govt has any say in it.

The various governments do with general insurance what they do with
privartised utilities. They sit back and cop a slice of the action
while letting the insurers and power companies cop all the flack. Any
time a finger is pointed at the government they throw their arms up
and say "They're private businesses. Nothing to do with us". Which is
bullshit of course. The government of the day is just as guilty as
anyone else.
I just had a look at my policies. I have everything covered with
Shannons. House, contents, tools & equipment, cars, parts, machinery,
etc, etc. My annual premiums for the lot total just under 6 thousand
bucks, but on top of that is 1300 bucks in GST and Stamp Duty.

The numbers get scary when you add them all up, I've never added all
our insurances up but with a house and 3 cars it must be at least $4k.

Post by Noddy
Not a bad whack, is it? GovCo gets almost 22 per cent for doing
absolutely jack shit.

The old tax on a tax trick, they win we loose, such is life:-)

¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬

Stamp duty was supposed to be 'scrapped' when GST came in.....yeah, sure!.

Daryl

2025-01-16 06:36:58 UTC

Post by Noddy
They never share the love when they're doing okay, but they're
quite happy to share the pain with you.

Trouble is the bastards have us by the balls so they think and
generally can do what they like, Govt's don't seem or want to do
anything about it although I did read in this mornings news that the
health minister is rejecting health insurance proposed premium
increases because they are too high, health insurance is the only
area where the Govt has any say in it.

The various governments do with general insurance what they do with
privartised utilities. They sit back and cop a slice of the action
while letting the insurers and power companies cop all the flack. Any
time a finger is pointed at the government they throw their arms up
and say "They're private businesses. Nothing to do with us". Which is
bullshit of course. The government of the day is just as guilty as
anyone else.
I just had a look at my policies. I have everything covered with
Shannons. House, contents, tools & equipment, cars, parts, machinery,
etc, etc. My annual premiums for the lot total just under 6 thousand
bucks, but on top of that is 1300 bucks in GST and Stamp Duty.

The numbers get scary when you add them all up, I've never added all
our insurances up but with a house and 3 cars it must be at least $4k.

Post by Noddy
Not a bad whack, is it? GovCo gets almost 22 per cent for doing
absolutely jack shit.

The old tax on a tax trick, they win we loose, such is life:-)

¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬
Stamp duty was supposed to be 'scrapped' when GST came in.....yeah, sure!.

Stamp duties are usually collected by the States and is one of their
main sources of revenue so that was never going to happen.

--
Daryl

jonz

2025-01-16 03:05:15 UTC

Post by Noddy
They never share the love when they're doing okay, but they're quite
happy to share the pain with you.

Trouble is the bastards have us by the balls so they think and
generally can do what they like, Govt's don't seem or want to do
anything about it although I did read in this mornings news that the
health minister is rejecting health insurance proposed premium
increases because they are too high, health insurance is the only
area where the Govt has any say in it.

The various governments do with general insurance what they do with
privartised utilities. They sit back and cop a slice of the action
while letting the insurers and power companies cop all the flack. Any
time a finger is pointed at the government they throw their arms up
and say "They're private businesses. Nothing to do with us". Which is
bullshit of course. The government of the day is just as guilty as
anyone else.
I just had a look at my policies. I have everything covered with
Shannons. House, contents, tools & equipment, cars, parts, machinery,
etc, etc. My annual premiums for the lot total just under 6 thousand
bucks, but on top of that is 1300 bucks in GST and Stamp Duty.
Not a bad whack, is it? GovCo gets almost 22 per cent for doing
absolutely jack shit.

¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬

I rely on the public health system, sometimes you have to 'wait' for
elective stuff!.<shrug>. As for vehicle insurance, Third party
compulsory, and third party property, for both car and bike. That`s
*all* they get out of me. ;)

Noddy

2025-01-16 03:09:30 UTC

Post by Noddy
Not a bad whack, is it? GovCo gets almost 22 per cent for doing
absolutely jack shit.

¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬
I rely on the public health system, sometimes you have to 'wait' for
elective stuff!.<shrug>. As for vehicle insurance, Third party
compulsory, and third party property, for both car and bike. That`s
*all* they get out of me. ;)

Fair enough. I know a few people who do exactly that. Some, like me,
prefer total coverage.

--
--
--
Regards,
Noddy.

jonz

2025-01-16 03:18:21 UTC

Post by Noddy
Not a bad whack, is it? GovCo gets almost 22 per cent for doing
absolutely jack shit.

¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬
I rely on the public health system, sometimes you have to 'wait'
for elective stuff!.<shrug>. As for vehicle insurance, Third party
compulsory, and third party property, for both car and bike. That`s
*all* they get out of me. ;)

Fair enough. I know a few people who do exactly that. Some, like me,
prefer total coverage.

¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬

Fair enough. In my case, Since the house was sold, and everything
divvied up, Iv`e settled for bare minimum. Not really worth paying a
premium on.😉

Daryl

2025-01-16 06:34:56 UTC

Post by Noddy
They never share the love when they're doing okay, but they're quite
happy to share the pain with you.

Trouble is the bastards have us by the balls so they think and
generally can do what they like, Govt's don't seem or want to do
anything about it although I did read in this mornings news that the
health minister is rejecting health insurance proposed premium
increases because they are too high, health insurance is the only
area where the Govt has any say in it.

The various governments do with general insurance what they do with
privartised utilities. They sit back and cop a slice of the action
while letting the insurers and power companies cop all the flack. Any
time a finger is pointed at the government they throw their arms up
and say "They're private businesses. Nothing to do with us". Which is
bullshit of course. The government of the day is just as guilty as
anyone else.
I just had a look at my policies. I have everything covered with
Shannons. House, contents, tools & equipment, cars, parts, machinery,
etc, etc. My annual premiums for the lot total just under 6 thousand
bucks, but on top of that is 1300 bucks in GST and Stamp Duty.
Not a bad whack, is it? GovCo gets almost 22 per cent for doing
absolutely jack shit.

¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬
I rely on the public health system, sometimes you have to 'wait' for
elective stuff!.<shrug>. As for vehicle insurance, Third party
compulsory, and third party property, for both car and bike. That`s
*all* they get out of me. ;)

We don't have private health insurance but all 3 cars have comprehensive
insurance which is probably a waste of money for the old Benz.
I checked how much I would save by only having TPP instead of comp and
the difference wasn't huge so I left it.
In Vic us poor old pensioners get a very good discount (50%) on car
rego/ctp, we can nominate one car each so we only pay the cost of one.
Friends in Qld only get a very small pensioner discount, do you get much
discount in NSW?

--
Daryl

MightyMouse

2025-01-16 07:09:17 UTC

Post by Noddy
They never share the love when they're doing okay, but they're
quite happy to share the pain with you.

Trouble is the bastards have us by the balls so they think and
generally can do what they like, Govt's don't seem or want to do
anything about it although I did read in this mornings news that
the health minister is rejecting health insurance proposed premium
increases because they are too high, health insurance is the only
area where the Govt has any say in it.

The various governments do with general insurance what they do with
privartised utilities. They sit back and cop a slice of the action
while letting the insurers and power companies cop all the flack.
Any time a finger is pointed at the government they throw their arms
up and say "They're private businesses. Nothing to do with us".
Which is bullshit of course. The government of the day is just as
guilty as anyone else.
I just had a look at my policies. I have everything covered with
Shannons. House, contents, tools & equipment, cars, parts,
machinery, etc, etc. My annual premiums for the lot total just under
6 thousand bucks, but on top of that is 1300 bucks in GST and Stamp
Duty.
Not a bad whack, is it? GovCo gets almost 22 per cent for doing
absolutely jack shit.

¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬
I rely on the public health system, sometimes you have to 'wait'
for elective stuff!.<shrug>. As for vehicle insurance, Third party
compulsory, and third party property, for both car and bike. That`s
*all* they get out of me. ;)

We don't have private health insurance but all 3 cars have
comprehensive insurance which is probably a waste of money for the old
Benz.
I checked how much I would save by only having TPP instead of comp and
the difference wasn't huge so I left it.
In Vic us poor old pensioners get a very good discount (50%) on car
rego/ctp, we can nominate one car each so we only pay the cost of one.
Friends in Qld only get a very small pensioner discount, do you get
much discount in NSW?

wow! Daryl is on a pension. I thought he was wealthy.. driving a Porsche
n' all

--
Have a nice day!..
stay sane, be happy, and enjoy living.

lindsay

2025-01-16 07:31:30 UTC

Post by Daryl
I checked how much I would save by only having TPP instead of comp and
the difference wasn't huge so I left it.
In Vic us poor old pensioners get a very good discount (50%) on car
rego/ctp, we can nominate one car each so we only pay the cost of one.
Friends in Qld only get a very small pensioner discount, do you get
much discount in NSW?

wow! Daryl is on a pension. I thought he was wealthy.. driving a Porsche
n' all

Probably like me. self funded retiree getting a pension from his super...

MightyMouse

2025-01-16 08:14:31 UTC

Post by Daryl
I checked how much I would save by only having TPP instead of comp
and the difference wasn't huge so I left it.
In Vic us poor old pensioners get a very good discount (50%) on car
rego/ctp, we can nominate one car each so we only pay the cost of one.
Friends in Qld only get a very small pensioner discount, do you get
much discount in NSW?

wow! Daryl is on a pension. I thought he was wealthy.. driving a
Porsche n' all

Probably like me. self funded retiree getting a pension from his super...

--
Have a nice day!..
stay sane, be happy, and enjoy living.

Daryl

2025-01-16 08:37:21 UTC

Post by Daryl
I checked how much I would save by only having TPP instead of comp
and the difference wasn't huge so I left it.
In Vic us poor old pensioners get a very good discount (50%) on car
rego/ctp, we can nominate one car each so we only pay the cost of one.
Friends in Qld only get a very small pensioner discount, do you get
much discount in NSW?

wow! Daryl is on a pension. I thought he was wealthy.. driving a
Porsche n' all

Probably like me. self funded retiree getting a pension from his super...

Nope, not when the State Govt literally stole a huge chunk of my money,
now the Feds pay me.
Not too badly off, own everything, zero debts and enough super and
savings to cover any shortfall from the pension.
Zero power bills from very big solar system help, haven't had a power
bill in 5yrs, doing all my own car maintenance also saves a lot as a
does having a new house with little or no maintenance.
Porsche's aren't really that expensive to own if you don't drive them a
lot, at the current rate of less than 4000k pa it should outlast me:-)

--
Daryl

Xeno

2025-01-16 10:44:19 UTC

Post by Daryl
I checked how much I would save by only having TPP instead of comp
and the difference wasn't huge so I left it.
In Vic us poor old pensioners get a very good discount (50%) on car
rego/ctp, we can nominate one car each so we only pay the cost of one.
Friends in Qld only get a very small pensioner discount, do you get
much discount in NSW?

wow! Daryl is on a pension. I thought he was wealthy.. driving a
Porsche n' all

Probably like me. self funded retiree getting a pension from his super...

Nope, not when the State Govt literally stole a huge chunk of my money,

Well, that was fair! You thieving cleaning contractors were ripping off
the state government.

Post by Daryl
now the Feds pay me.

My, how well you took care of your future!

Post by Daryl
Not too badly off, own everything, zero debts and enough super and
savings to cover any shortfall from the pension.
Zero power bills from very big solar system help, haven't had a power
bill in 5yrs, doing all my own car maintenance also saves a lot as a
does having a new house with little or no maintenance.
Porsche's aren't really that expensive to own if you don't drive them a
lot, at the current rate of less than 4000k pa it should outlast me:-)

Ah well, the Porsche is only an ego trip for you, visual evidence of
your mid-life crisis. And if you don't drive them a lot, they don't
break down quite as much. LOL

--
Xeno

Nothing astonishes Noddy so much as common sense and plain dealing.
(with apologies to Ralph Waldo Emerson)

jonz

2025-01-16 07:35:45 UTC

Post by Noddy
They never share the love when they're doing okay, but they're
quite happy to share the pain with you.

Trouble is the bastards have us by the balls so they think and
generally can do what they like, Govt's don't seem or want to do
anything about it although I did read in this mornings news that
the health minister is rejecting health insurance proposed premium
increases because they are too high, health insurance is the only
area where the Govt has any say in it.

The various governments do with general insurance what they do with
privartised utilities. They sit back and cop a slice of the action
while letting the insurers and power companies cop all the flack.
Any time a finger is pointed at the government they throw their
arms up and say "They're private businesses. Nothing to do with
us". Which is bullshit of course. The government of the day is just
as guilty as anyone else.
I just had a look at my policies. I have everything covered with
Shannons. House, contents, tools & equipment, cars, parts,
machinery, etc, etc. My annual premiums for the lot total just
under 6 thousand bucks, but on top of that is 1300 bucks in GST and
Stamp Duty.
Not a bad whack, is it? GovCo gets almost 22 per cent for doing
absolutely jack shit.

¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬
I rely on the public health system, sometimes you have to 'wait'
for elective stuff!.<shrug>. As for vehicle insurance, Third party
compulsory, and third party property, for both car and bike. That`s
*all* they get out of me. ;)

We don't have private health insurance but all 3 cars have
comprehensive insurance which is probably a waste of money for the
old Benz.
I checked how much I would save by only having TPP instead of comp
and the difference wasn't huge so I left it.
In Vic us poor old pensioners get a very good discount (50%) on car
rego/ctp, we can nominate one car each so we only pay the cost of one.
Friends in Qld only get a very small pensioner discount, do you get
much discount in NSW?

wow! Daryl is on a pension. I thought he was wealthy.. driving a
Porsche n' all

¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬

Well, cunt of the day award goes to snagglepuss,

Xeno

2025-01-16 10:50:27 UTC

Post by Noddy
They never share the love when they're doing okay, but they're
quite happy to share the pain with you.

Trouble is the bastards have us by the balls so they think and
generally can do what they like, Govt's don't seem or want to do
anything about it although I did read in this mornings news that
the health minister is rejecting health insurance proposed premium
increases because they are too high, health insurance is the only
area where the Govt has any say in it.

The various governments do with general insurance what they do with
privartised utilities. They sit back and cop a slice of the action
while letting the insurers and power companies cop all the flack.
Any time a finger is pointed at the government they throw their arms
up and say "They're private businesses. Nothing to do with us".
Which is bullshit of course. The government of the day is just as
guilty as anyone else.
I just had a look at my policies. I have everything covered with
Shannons. House, contents, tools & equipment, cars, parts,
machinery, etc, etc. My annual premiums for the lot total just under
6 thousand bucks, but on top of that is 1300 bucks in GST and Stamp
Duty.
Not a bad whack, is it? GovCo gets almost 22 per cent for doing
absolutely jack shit.

¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬
I rely on the public health system, sometimes you have to 'wait'
for elective stuff!.<shrug>. As for vehicle insurance, Third party
compulsory, and third party property, for both car and bike. That`s
*all* they get out of me. ;)

We don't have private health insurance but all 3 cars have
comprehensive insurance which is probably a waste of money for the old
Benz.
I checked how much I would save by only having TPP instead of comp and
the difference wasn't huge so I left it.
In Vic us poor old pensioners get a very good discount (50%) on car
rego/ctp, we can nominate one car each so we only pay the cost of one.
Friends in Qld only get a very small pensioner discount, do you get
much discount in NSW?

wow! Daryl is on a pension. I thought he was wealthy.. driving a Porsche
n' all

Well, that's what happens when you don't adequately prepare for
retirement and have no clue how to run a business. And his Porsche is
old and at the nadir of its depreciation. Ditto his Benz.

--
Xeno

Nothing astonishes Noddy so much as common sense and plain dealing.
(with apologies to Ralph Waldo Emerson)

jonz

2025-01-16 07:21:34 UTC

Post by Noddy
They never share the love when they're doing okay, but they're
quite happy to share the pain with you.

Trouble is the bastards have us by the balls so they think and
generally can do what they like, Govt's don't seem or want to do
anything about it although I did read in this mornings news that
the health minister is rejecting health insurance proposed premium
increases because they are too high, health insurance is the only
area where the Govt has any say in it.

The various governments do with general insurance what they do with
privartised utilities. They sit back and cop a slice of the action
while letting the insurers and power companies cop all the flack.
Any time a finger is pointed at the government they throw their arms
up and say "They're private businesses. Nothing to do with us".
Which is bullshit of course. The government of the day is just as
guilty as anyone else.
I just had a look at my policies. I have everything covered with
Shannons. House, contents, tools & equipment, cars, parts,
machinery, etc, etc. My annual premiums for the lot total just under
6 thousand bucks, but on top of that is 1300 bucks in GST and Stamp
Duty.
Not a bad whack, is it? GovCo gets almost 22 per cent for doing
absolutely jack shit.

¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬
I rely on the public health system, sometimes you have to 'wait'
for elective stuff!.<shrug>. As for vehicle insurance, Third party
compulsory, and third party property, for both car and bike. That`s
*all* they get out of me. ;)

¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬

hmmm, that might be worth checking!.

Post by Daryl
In Vic us poor old pensioners get a very good discount (50%) on car
rego/ctp, we can nominate one car each so we only pay the cost of one.
Friends in Qld only get a very small pensioner discount, do you get
much discount in NSW?

¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬

Only get the Rego component, of one car.! (Just me here.) The third
party, we pay all of. was $513 for the jeep last year. However,, premium
is $*364* GST 36.47 *and* a *fund levy *of $112.62 ?????? Accident
compensation levy. Stung about three times on that one. 🙁

My T/P is with NRMA, which proves cover for injured *at fault* driver
in a prang. A freebie? I hope I don`t use. The bike is all on me. But it
dosen`t hurt too much coz I`ve got it on six monthly renewal.

MightyMouse

2025-01-16 06:59:02 UTC

Post by Noddy
They never share the love when they're doing okay, but they're
quite happy to share the pain with you.

Trouble is the bastards have us by the balls so they think and
generally can do what they like, Govt's don't seem or want to do
anything about it although I did read in this mornings news that the
health minister is rejecting health insurance proposed premium
increases because they are too high, health insurance is the only
area where the Govt has any say in it.

The various governments do with general insurance what they do with
privartised utilities. They sit back and cop a slice of the action
while letting the insurers and power companies cop all the flack. Any
time a finger is pointed at the government they throw their arms up
and say "They're private businesses. Nothing to do with us". Which is
bullshit of course. The government of the day is just as guilty as
anyone else.
I just had a look at my policies. I have everything covered with
Shannons. House, contents, tools & equipment, cars, parts, machinery,
etc, etc. My annual premiums for the lot total just under 6 thousand
bucks, but on top of that is 1300 bucks in GST and Stamp Duty.
Not a bad whack, is it? GovCo gets almost 22 per cent for doing
absolutely jack shit.

¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬
I rely on the public health system, sometimes you have to 'wait' for
elective stuff!.<shrug>. As for vehicle insurance, Third party
compulsory, and third party property, for both car and bike. That`s
*all* they get out of me. ;)

that's a good idea if you have old cars that aren't worth much, but not
realistic with newer modern cars when a fairly small accident can mean a
write off

--
Have a nice day!..
stay sane, be happy, and enjoy living.

jonz

2025-01-16 07:33:16 UTC

Post by Noddy
They never share the love when they're doing okay, but they're
quite happy to share the pain with you.

Trouble is the bastards have us by the balls so they think and
generally can do what they like, Govt's don't seem or want to do
anything about it although I did read in this mornings news that
the health minister is rejecting health insurance proposed premium
increases because they are too high, health insurance is the only
area where the Govt has any say in it.

The various governments do with general insurance what they do with
privartised utilities. They sit back and cop a slice of the action
while letting the insurers and power companies cop all the flack.
Any time a finger is pointed at the government they throw their arms
up and say "They're private businesses. Nothing to do with us".
Which is bullshit of course. The government of the day is just as
guilty as anyone else.
I just had a look at my policies. I have everything covered with
Shannons. House, contents, tools & equipment, cars, parts,
machinery, etc, etc. My annual premiums for the lot total just under
6 thousand bucks, but on top of that is 1300 bucks in GST and Stamp
Duty.
Not a bad whack, is it? GovCo gets almost 22 per cent for doing
absolutely jack shit.

¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬
I rely on the public health system, sometimes you have to 'wait' for
elective stuff!.<shrug>. As for vehicle insurance, Third party
compulsory, and third party property, for both car and bike. That`s
*all* they get out of me. ;)

that's a good idea if you have old cars that aren't worth much, but
not realistic with newer modern cars when a fairly small accident can
mean a write off

¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬

Well, I`ll be.......Whodathunkit!.😮😉 I See that here all the time
(Towing) Just another reason to *not* buy new doncha think.?

Noddy

2025-01-15 11:45:41 UTC

Post by Noddy
They go up all the time. My house & contents went up something like
37% last year. Zero claims, but apparently the insurer had a bad year
with other people so....

--
--
--
Regards,
Noddy.

Xeno

2025-01-15 11:03:23 UTC

Post by lindsay
Bye Bye, GIO. Greedy pigs. Until next year, when AMMI will jack up
their renewal, and GIO will become cheaper...

My AAMI policy is 14% more expensive this year than last.

They go up all the time. My house & contents went up something like 37%
last year. Zero claims, but apparently the insurer had a bad year with
other people so....

Obviously you do not understand the underlying concepts of insurance.

Insurance is best exemplified as *shared risk, shared pain*.

You ain't seen nuthin' yet!

--
Xeno

Nothing astonishes Noddy so much as common sense and plain dealing.
(with apologies to Ralph Waldo Emerson)

Keithr0

2025-01-15 11:32:18 UTC

Post by lindsay
Bye Bye, GIO. Greedy pigs. Until next year, when AMMI will jack up
their renewal, and GIO will become cheaper...

My AAMI policy is 14% more expensive this year than last.

They go up all the time. My house & contents went up something like 37%
last year. Zero claims, but apparently the insurer had a bad year with
other people so....

Our H & C is up 12%

Clocky

2025-01-16 01:06:39 UTC

Post by lindsay
Bye Bye, GIO. Greedy pigs. Until next year, when AMMI will jack up
their renewal, and GIO will become cheaper...

My AAMI policy is 14% more expensive this year than last.

They go up all the time. My house & contents went up something like
37% last year. Zero claims, but apparently the insurer had a bad year
with other people so....

Our H & C is up 12%

About the same here.

lindsay

2025-01-16 07:53:15 UTC

Post by lindsay
So I checked AAMI: they want $976 for $50k agreed value, glass and
extra driver.
Bye Bye, GIO. Greedy pigs. Until next year, when AMMI will jack up
their renewal, and GIO will become cheaper...

My AAMI policy is 14% more expensive this year than last.

It's a see-saw here... one year, it's GIO, next AAMI is cheaper, then
the following year, AAMI increase their premiums by $100's of dollars,
and so it's back to GIO again, until the following year where GIO
increase their prices..

eg: GIO AAMI
2021 1200*
2022 1500 1350*
2023 1125* 1724
2024 1167* (unknown)
2025 1387 976*

(Having allsorts with chunderbird at the mo...)

Daryl

2025-01-16 08:49:46 UTC

My AAMI policy is 14% more expensive this year than last.

It's a see-saw here... one year, it's GIO, next AAMI is cheaper, then
the following year, AAMI increase their premiums by $100's of dollars,
and so it's back to GIO again, until the following year where GIO
increase their prices..
eg:    GIO     AAMI
2021   1200*
2022   1500    1350*
2023   1125*    1724
2024   1167*   (unknown)
2025   1387    976*
(Having allsorts with chunderbird at the mo...)

You made me look up what we pay for 3 cars.
Total $3271.32 PA pain monthly so an average of $1090.44 per car which
isn't a lot different to yours and all 3 are worth less money than yours.

--
Daryl

Xeno

2025-01-16 10:38:16 UTC

Post by Daryl
You made me look up what we pay for 3 cars.
Total $3271.32 PA pain monthly so an average of $1090.44 per car which
isn't a lot different to yours and all 3 are worth less money than yours.

Your insurance premium is related to the cost of repairing such cars.
Premium cars still attract premium repair bills even when their value
has reached its nadir. That's why the *smart money* buys the cars *new*
on lease and dump them after the first few years and their value has
plummeted. Most don't even pay out the leases, they want shed of the car.

--
Xeno

Nothing astonishes Noddy so much as common sense and plain dealing.
(with apologies to Ralph Waldo Emerson)

MightyMouse

2025-01-16 11:12:06 UTC

Post by Daryl
You made me look up what we pay for 3 cars.
Total $3271.32 PA pain monthly so an average of $1090.44 per car
which isn't a lot different to yours and all 3 are worth less money
than yours.

Your insurance premium is related to the cost of repairing such cars.
Premium cars still attract premium repair bills even when their value
has reached its nadir. That's why the *smart money* buys the cars
*new* on lease and dump them after the first few years and their value
has plummeted. Most don't even pay out the leases, they want shed of
the car.

yep. insurance premiums are based on the type and age of the vehicle,
typical repair costs, the location it's kept at, the age and experience
of the driver(s), and claims history

--
Have a nice day!..
stay sane, be happy, and enjoy living.

Noddy

2025-01-16 13:44:54 UTC

Post by Xeno
Your insurance premium is related to the cost of repairing such cars.
Premium cars still attract premium repair bills even when their value
has reached its nadir. That's why the *smart money* buys the cars
*new* on lease and dump them after the first few years and their value
has plummeted. Most don't even pay out the leases, they want shed of
the car.

yep. insurance premiums are based on the type and age of the vehicle,
typical repair costs, the location it's kept at, the age and experience
of the driver(s), and claims history

Hey Felix? If you want to see some interesting back pedalling, ask your
mental mate how come that if the "smart money" buys new cars on lease,
why does he insist that the wife & I buy out cars on lease in a
derogatory sense?

Ask him. I dare ya :)

--
--
--
Regards,
Noddy.

Mikey

2025-01-16 21:10:45 UTC

Post by Xeno
Your insurance premium is related to the cost of repairing such cars.
Premium cars still attract premium repair bills even when their value
has reached its nadir. That's why the *smart money* buys the cars
*new* on lease and dump them after the first few years and their
value has plummeted. Most don't even pay out the leases, they want
shed of the car.

yep. insurance premiums are based on the type and age of the vehicle,
typical repair costs, the location it's kept at, the age and
experience of the driver(s), and claims history

"I dare ya"? Does your age vary like your height? You sound like a six
year old.
And why can't you ask him yourself? Oh yeah. It's because you're a
cowardly blowhard.

alvey

Daryl

2025-01-16 22:53:53 UTC

Post by Xeno
Your insurance premium is related to the cost of repairing such cars.
Premium cars still attract premium repair bills even when their value
has reached its nadir. That's why the *smart money* buys the cars
*new* on lease and dump them after the first few years and their
value has plummeted. Most don't even pay out the leases, they want
shed of the car.

yep. insurance premiums are based on the type and age of the vehicle,
typical repair costs, the location it's kept at, the age and
experience of the driver(s), and claims history

The cost of an insurance premium is no way based on cost of repairs,
more likely based on the likelihood based on stats of it having a crash
and the likely severity of that crash, in other words the perceived risk.
My Porsche is actually cheaper to insure (same insurer) than my wife's
Golf despite the Porsche being worth approx double the Golf.
Benz is the cheapest to insure but its not worth much so very likely
even a very minor claim would write it off, cheaper to pay me out than
fix it.

--
Daryl

MightyMouse

2025-01-17 00:55:45 UTC

Post by Xeno
Your insurance premium is related to the cost of repairing such
cars. Premium cars still attract premium repair bills even when
their value has reached its nadir. That's why the *smart money*
buys the cars *new* on lease and dump them after the first few
years and their value has plummeted. Most don't even pay out the
leases, they want shed of the car.

yep. insurance premiums are based on the type and age of the
vehicle, typical repair costs, the location it's kept at, the age
and experience of the driver(s), and claims history

Hey Felix? If you want to see some interesting back pedalling, ask
your mental mate how come that if the "smart money" buys new cars on
lease, why does he insist that the wife & I buy out cars on lease in
a derogatory sense?
Ask him. I dare ya :)

The cost of an insurance premium is no way based on cost of repairs,

The cost of repairs is but *one* of the factors that the actuaries
take into account when assessing premiums. See Felix's list above

yes

and even that is not comprehensive. Take the BMW i3, damn expensive
for parts, damn expensive to repair, insurance premiums through the
roof. If your car has only 2 airbags it will be *much cheaper* than a
car equipped with 7. Yes, in accidents, airbags are a *cost of
repair*. Just go to any wrecking yard, you'll see cars with what
appears to be minimal exterior damage. But then you notice 4 or 5
airbags have deployed. That tells you it was a reasonable impact crash
*and* that there is likely hidden damage - ie. bent chassis. The
airbags alone can be in excess of $5k each to replace.

Post by Daryl
more likely based on the likelihood based on stats of it having a crash

So you don't know? Riggghhhhttt!!! Thought as much, just plucking
arguments out of your arse.

Post by Daryl
and the likely severity of that crash, in other words the perceived risk.

Insurance premiums are not based on *perceived risk*. The actuaries
*calculate* the risk, and therefore the cost, based on a range of
*statistical data*. What's more, they even base those calculations
based on *future risk* based on climate and natural disaster data (ie.
floods). IOW, they are already factoring *climate change* into those
statistics - whether you believe in climate change or not.

yep

Post by Daryl
My Porsche is actually cheaper to insure (same insurer) than my
wife's Golf despite the Porsche being worth approx double the Golf.
Benz is the cheapest to insure but its not worth much so very likely
even a very minor claim would write it off, cheaper to pay me out
than fix it.

When you're at the very bottom end of the insurance market, and
driving mostly fully depreciated cars, you're not going to notice much
difference as even the smallest bingle will write them off based on
their heavily depreciated value. The repair equation therefore forms
much less of an actuarial factor.

exactly right

--
Have a nice day!..
stay sane, be happy, and enjoy living.

Noddy

2025-01-17 02:34:54 UTC

The cost of repairs is but *one* of the factors that the actuaries
take into account when assessing premiums. See Felix's list above

yes

Nope. The cost of repairs has fuck all to do with calculating premiums.
The value of the car and the statistical likelihood of it either being
in an accident or stolen are what determine premium prices.

Repair costs cannot be anticipated *before* any accident takes place,
and only factor into the equation *after* a car has been damaged which
affects the decision to either repair the car or write it off.

--
--
--
Regards,
Noddy.

Xeno

2025-01-17 02:54:47 UTC

The cost of repairs is but *one* of the factors that the actuaries
take into account when assessing premiums. See Felix's list above

yes

Nope. The cost of repairs has fuck all to do with calculating premiums.
The value of the car and the statistical likelihood of it either being
in an accident or stolen are what determine premium prices.
Repair costs cannot be anticipated *before* any accident takes place,
and only factor into the equation *after* a car has been damaged which
affects the decision to either repair the car or write it off.

Every car that has an accident and is written off or repaired *before*
you insure yours provides *statistical information* which is used by
insurance actuaries to determine risk and, therefore, costs. You really
haven't a clue, eh? Way above your pay grade. FFS, arithmetic was way
above your pay grade.

--
Xeno

Nothing astonishes Noddy so much as common sense and plain dealing.
(with apologies to Ralph Waldo Emerson)

Mighty Mouse

2025-01-17 05:30:59 UTC

The cost of repairs is but *one* of the factors that the actuaries
take into account when assessing premiums. See Felix's list above

yes

Nope. The cost of repairs has fuck all to do with calculating
premiums. The value of the car and the statistical likelihood of it
either being in an accident or stolen are what determine premium prices.
Repair costs cannot be anticipated *before* any accident takes place,
and only factor into the equation *after* a car has been damaged
which affects the decision to either repair the car or write it off.

yep, that's how it works

Post by Xeno
You really haven't a clue, eh? Way above your pay grade. FFS,
arithmetic was way above your pay grade.

goes without saying

--
Have a nice day!

jonz

2025-01-17 06:42:58 UTC

Post by Mighty Mouse

The cost of repairs is but *one* of the factors that the actuaries
take into account when assessing premiums. See Felix's list above

yes

Nope. The cost of repairs has fuck all to do with calculating
premiums. The value of the car and the statistical likelihood of it
either being in an accident or stolen are what determine premium prices.
Repair costs cannot be anticipated *before* any accident takes
place, and only factor into the equation *after* a car has been
damaged which affects the decision to either repair the car or write
it off.

yep, that's how it works

Post by Xeno
You really haven't a clue, eh? Way above your pay grade. FFS,
arithmetic was way above your pay grade.

goes without saying

¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬

Lies, Damn lies, and **Statistics**!😉😕 😂

Noddy

2025-01-17 02:30:18 UTC

Post by Xeno
Your insurance premium is related to the cost of repairing such
cars. Premium cars still attract premium repair bills even when
their value has reached its nadir. That's why the *smart money* buys
the cars *new* on lease and dump them after the first few years and
their value has plummeted. Most don't even pay out the leases, they
want shed of the car.

yep. insurance premiums are based on the type and age of the vehicle,
typical repair costs, the location it's kept at, the age and
experience of the driver(s), and claims history

Hey Felix? If you want to see some interesting back pedalling, ask
your mental mate how come that if the "smart money" buys new cars on
lease, why does he insist that the wife & I buy out cars on lease in a
derogatory sense?
Ask him. I dare ya :)

Yep.

Post by Daryl
My Porsche is actually cheaper to insure (same insurer) than my wife's
Golf despite the Porsche being worth approx double the Golf.
Benz is the cheapest to insure but its not worth much so very likely
even a very minor claim would write it off, cheaper to pay me out than
fix it.

These days they write cars off pretty easily. In the case of your Benz
if you were unfortunate enough to have a minor prang and they decided to
write if off (which they would do for just about anything) you could
elect to keep the car and repair it as it's over 15 years old and
wouldn't be placed on the written off vehicle register.

--
--
--
Regards,
Noddy.

Daryl

2025-01-17 02:50:46 UTC

Post by Xeno
Your insurance premium is related to the cost of repairing such
cars. Premium cars still attract premium repair bills even when
their value has reached its nadir. That's why the *smart money*
buys the cars *new* on lease and dump them after the first few
years and their value has plummeted. Most don't even pay out the
leases, they want shed of the car.

yep. insurance premiums are based on the type and age of the
vehicle, typical repair costs, the location it's kept at, the age
and experience of the driver(s), and claims history

Hey Felix? If you want to see some interesting back pedalling, ask
your mental mate how come that if the "smart money" buys new cars on
lease, why does he insist that the wife & I buy out cars on lease in
a derogatory sense?
Ask him. I dare ya :)

Yep.

Post by Daryl
My Porsche is actually cheaper to insure (same insurer) than my wife's
Golf despite the Porsche being worth approx double the Golf.
Benz is the cheapest to insure but its not worth much so very likely
even a very minor claim would write it off, cheaper to pay me out than
fix it.

That's pretty much what I would do if it wasn't too badly damaged.
Helps that I know an excellent panel beater.

--
Daryl

Xeno

2025-01-17 03:11:13 UTC

Post by Noddy
These days they write cars off pretty easily. In the case of your
Benz if you were unfortunate enough to have a minor prang and they
decided to write if off (which they would do for just about anything)
you could elect to keep the car and repair it as it's over 15 years
old and wouldn't be placed on the written off vehicle register.

That's pretty much what I would do if it wasn't too badly damaged.
Helps that I know an excellent panel beater.

That's what I did with my Mum's old Getz after some woman drove out of a
carpark without looking and ran into Mum's driver's side door. The
insurance company paid out pretty well based on the fact that the car
had only done 31k km's or so, but thanks to the skilful photography of
the panel beater who took the photos for the insurer to assess online,
they never saw the hail damage, keyed paint or faded plastics it had
when apportioning a market value.
Hopefully he enjoyed his slab :)

Lying comes naturally to you, doesn't it Darren? Every single
opportunity that presents itself, you lie! That's sad.

--
Xeno

Nothing astonishes Noddy so much as common sense and plain dealing.
(with apologies to Ralph Waldo Emerson)

Daryl

2025-01-17 04:47:36 UTC

That's pretty much what I would do if it wasn't too badly damaged.
Helps that I know an excellent panel beater.

LOL.

--
Daryl

Xeno

2025-01-17 05:38:26 UTC

Post by Xeno
Your insurance premium is related to the cost of repairing such
cars. Premium cars still attract premium repair bills even when
their value has reached its nadir. That's why the *smart money*
buys the cars *new* on lease and dump them after the first few
years and their value has plummeted. Most don't even pay out the
leases, they want shed of the car.

yep. insurance premiums are based on the type and age of the
vehicle, typical repair costs, the location it's kept at, the age
and experience of the driver(s), and claims history

Hey Felix? If you want to see some interesting back pedalling, ask
your mental mate how come that if the "smart money" buys new cars
on lease, why does he insist that the wife & I buy out cars on
lease in a derogatory sense?
Ask him. I dare ya :)

Yep.

These days they write cars off pretty easily. In the case of your
Benz if you were unfortunate enough to have a minor prang and they
decided to write if off (which they would do for just about anything)
you could elect to keep the car and repair it as it's over 15 years
old and wouldn't be placed on the written off vehicle register.

That's pretty much what I would do if it wasn't too badly damaged.
Helps that I know an excellent panel beater.

Does anybody actually beat panels these days rather than just replace them?

Yes, still happens. The issue is that some exterior panels are
structural and made of steels that can not/should not be repaired. Up to
the beater to determine which these are.

--
Xeno

Nothing astonishes Noddy so much as common sense and plain dealing.
(with apologies to Ralph Waldo Emerson)

Daryl

2025-01-17 06:51:22 UTC

That's pretty much what I would do if it wasn't too badly damaged.
Helps that I know an excellent panel beater.

Does anybody actually beat panels these days rather than just replace them?

Depends on what needs repairing, if its an easily unbolted part such as
a front fender then most likely replaced but rear quarter panels that
don't unbolt would be repaired on the car if it wasn't severely damaged.
Highly skilled people do still exist in the panel beating trade but its
seems to be up to the insurance companies whether or not they get to use
those skills.

--
Daryl

Noddy

2025-01-17 09:55:43 UTC

Post by Daryl
That's pretty much what I would do if it wasn't too badly damaged.
Helps that I know an excellent panel beater.

Does anybody actually beat panels these days rather than just replace them?

I do, but then I've got plenty of time to do so. Panel "beaters" just
want cars in and out as quickly as possible, and as such very little
actually gets repaired.

--
--
--
Regards,
Noddy.

Xeno

2025-01-17 11:10:25 UTC

Post by Daryl
That's pretty much what I would do if it wasn't too badly damaged.
Helps that I know an excellent panel beater.

Does anybody actually beat panels these days rather than just replace them?

I do, but then I've got plenty of time to do so. Panel "beaters" just
want cars in and out as quickly as possible, and as such very little
actually gets repaired.

Not quite. Panel beating operations are *constrained* by the insurance
companies or, more to the point, what insurance companies will pay to
get a vehicle repaired. The vehicle will be "repaired" but it will be to
the standard that the insurance company will pay for.

--
Xeno

Nothing astonishes Noddy so much as common sense and plain dealing.
(with apologies to Ralph Waldo Emerson)

Noddy

2025-01-17 02:56:11 UTC

Post by Noddy
These days they write cars off pretty easily. In the case of your Benz
if you were unfortunate enough to have a minor prang and they decided
to write if off (which they would do for just about anything) you
could elect to keep the car and repair it as it's over 15 years old
and wouldn't be placed on the written off vehicle register.

That's pretty much what I would do if it wasn't too badly damaged.
Helps that I know an excellent panel beater.

--
--
--
Regards,
Noddy.

Keithr0

2025-01-17 05:26:44 UTC

Post by Xeno
Your insurance premium is related to the cost of repairing such
cars. Premium cars still attract premium repair bills even when
their value has reached its nadir. That's why the *smart money*
buys the cars *new* on lease and dump them after the first few
years and their value has plummeted. Most don't even pay out the
leases, they want shed of the car.

yep. insurance premiums are based on the type and age of the
vehicle, typical repair costs, the location it's kept at, the age
and experience of the driver(s), and claims history

Hey Felix? If you want to see some interesting back pedalling, ask
your mental mate how come that if the "smart money" buys new cars on
lease, why does he insist that the wife & I buy out cars on lease in
a derogatory sense?
Ask him. I dare ya :)

Yep.

These days they write cars off pretty easily. In the case of your Benz
if you were unfortunate enough to have a minor prang and they decided
to write if off (which they would do for just about anything) you
could elect to keep the car and repair it as it's over 15 years old
and wouldn't be placed on the written off vehicle register.

That's pretty much what I would do if it wasn't too badly damaged.
Helps that I know an excellent panel beater.

Does anybody actually beat panels these days rather than just replace them?

Daryl

2025-01-17 06:43:22 UTC

Post by Xeno
Your insurance premium is related to the cost of repairing such
cars. Premium cars still attract premium repair bills even when
their value has reached its nadir. That's why the *smart money*
buys the cars *new* on lease and dump them after the first few
years and their value has plummeted. Most don't even pay out the
leases, they want shed of the car.

yep. insurance premiums are based on the type and age of the
vehicle, typical repair costs, the location it's kept at, the age
and experience of the driver(s), and claims history

Hey Felix? If you want to see some interesting back pedalling, ask
your mental mate how come that if the "smart money" buys new cars on
lease, why does he insist that the wife & I buy out cars on lease in
a derogatory sense?
Ask him. I dare ya :)

Yep.

These days they write cars off pretty easily. In the case of your Benz
if you were unfortunate enough to have a minor prang and they decided
to write if off (which they would do for just about anything) you
could elect to keep the car and repair it as it's over 15 years old
and wouldn't be placed on the written off vehicle register.

¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬
Dunno about Vic. but up here there are two categories, Repairable write
off, and Statutory write off, Repairable just that. Stat. parts only.

Same down here, possibly its the same nationally.

--
Daryl

jonz

2025-01-17 07:50:57 UTC

Post by Xeno
Your insurance premium is related to the cost of repairing such
cars. Premium cars still attract premium repair bills even when
their value has reached its nadir. That's why the *smart money*
buys the cars *new* on lease and dump them after the first few
years and their value has plummeted. Most don't even pay out the
leases, they want shed of the car.

yep. insurance premiums are based on the type and age of the
vehicle, typical repair costs, the location it's kept at, the age
and experience of the driver(s), and claims history

Hey Felix? If you want to see some interesting back pedalling, ask
your mental mate how come that if the "smart money" buys new cars
on lease, why does he insist that the wife & I buy out cars on
lease in a derogatory sense?
Ask him. I dare ya :)

Yep.

Post by Daryl
My Porsche is actually cheaper to insure (same insurer) than my
wife's Golf despite the Porsche being worth approx double the Golf.
Benz is the cheapest to insure but its not worth much so very
likely even a very minor claim would write it off, cheaper to pay
me out than fix it.

These days they write cars off pretty easily. In the case of your
Benz if you were unfortunate enough to have a minor prang and they
decided to write if off (which they would do for just about
anything) you could elect to keep the car and repair it as it's over
15 years old and wouldn't be placed on the written off vehicle
register.

¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬
Dunno about Vic. but up here there are two categories, Repairable
write off, and Statutory write off, Repairable just that. Stat. parts
only.

Same down here, possibly its the same nationally.

¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬

Probably is. And a level playing field is a good thing. However, some of
the cars we`ve had here as stat. W/O`s, would make you wonder.?

Daryl

2025-01-17 08:03:58 UTC

Post by Xeno
Your insurance premium is related to the cost of repairing such
cars. Premium cars still attract premium repair bills even when
their value has reached its nadir. That's why the *smart money*
buys the cars *new* on lease and dump them after the first few
years and their value has plummeted. Most don't even pay out the
leases, they want shed of the car.

yep. insurance premiums are based on the type and age of the
vehicle, typical repair costs, the location it's kept at, the age
and experience of the driver(s), and claims history

Hey Felix? If you want to see some interesting back pedalling, ask
your mental mate how come that if the "smart money" buys new cars
on lease, why does he insist that the wife & I buy out cars on
lease in a derogatory sense?
Ask him. I dare ya :)

Yep.

Post by Daryl
My Porsche is actually cheaper to insure (same insurer) than my
wife's Golf despite the Porsche being worth approx double the Golf.
Benz is the cheapest to insure but its not worth much so very
likely even a very minor claim would write it off, cheaper to pay
me out than fix it.

These days they write cars off pretty easily. In the case of your
Benz if you were unfortunate enough to have a minor prang and they
decided to write if off (which they would do for just about
anything) you could elect to keep the car and repair it as it's over
15 years old and wouldn't be placed on the written off vehicle
register.

¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬
Dunno about Vic. but up here there are two categories, Repairable
write off, and Statutory write off, Repairable just that. Stat. parts
only.

Same down here, possibly its the same nationally.

¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬
Probably is. And a level playing field is a good thing. However, some of
the cars we`ve had here as stat. W/O`s, would make you wonder.?

Certainly does, seen plenty that could be repaired that are stat wo.
Mates son bought a Toyota 86 with less than 40k km for $17k because it
was a stat wo, supposedly had hail and water damage and engine didn't
run too well.
Hail damage was almost invisible, couldn't find any water damage and new
set of spark plugs fixed the engine.
He stripped out the interior and used it as a track car, none of us
could find any reason for it being a stat wo.

--
Daryl

Noddy

2025-01-17 09:52:57 UTC

Post by Daryl
The cost of an insurance premium is no way based on cost of repairs,
more likely based on the likelihood based on stats of it having a
crash and the likely severity of that crash, in other words the
perceived risk.

Yep.

These days they write cars off pretty easily. In the case of your Benz
if you were unfortunate enough to have a minor prang and they decided
to write if off (which they would do for just about anything) you
could elect to keep the car and repair it as it's over 15 years old
and wouldn't be placed on the written off vehicle register.

¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬
Dunno about Vic. but up here there are two categories, Repairable write
off, and Statutory write off, Repairable just that. Stat. parts only.

Yeah, same here, but the written off vehicle register only caters for
vehicles up to 15 years old. After that they can be written off without
being classified in either way, and no record of them being damaged is
recorded against their chassis number.

--
--
--
Regards,
Noddy.

Xeno

2025-01-17 00:34:38 UTC

Post by Xeno
Your insurance premium is related to the cost of repairing such
cars. Premium cars still attract premium repair bills even when
their value has reached its nadir. That's why the *smart money* buys
the cars *new* on lease and dump them after the first few years and
their value has plummeted. Most don't even pay out the leases, they
want shed of the car.

yep. insurance premiums are based on the type and age of the vehicle,
typical repair costs, the location it's kept at, the age and
experience of the driver(s), and claims history

Hey Felix? If you want to see some interesting back pedalling, ask
your mental mate how come that if the "smart money" buys new cars on
lease, why does he insist that the wife & I buy out cars on lease in a
derogatory sense?
Ask him. I dare ya :)

The cost of an insurance premium is no way based on cost of repairs,

The cost of repairs is but *one* of the factors that the actuaries take
into account when assessing premiums. See Felix's list above and even
that is not comprehensive. Take the BMW i3, damn expensive for parts,
damn expensive to repair, insurance premiums through the roof. If your
car has only 2 airbags it will be *much cheaper* than a car equipped
with 7. Yes, in accidents, airbags are a *cost of repair*. Just go to
any wrecking yard, you'll see cars with what appears to be minimal
exterior damage. But then you notice 4 or 5 airbags have deployed. That
tells you it was a reasonable impact crash *and* that there is likely
hidden damage - ie. bent chassis. The airbags alone can be in excess of
$5k each to replace.

Post by Daryl
more likely based on the likelihood based on stats of it having a crash

So you don't know? Riggghhhhttt!!! Thought as much, just plucking
arguments out of your arse.

Post by Daryl
and the likely severity of that crash, in other words the perceived risk.

Insurance premiums are not based on *perceived risk*. The actuaries
*calculate* the risk, and therefore the cost, based on a range of
*statistical data*. What's more, they even base those calculations based
on *future risk* based on climate and natural disaster data (ie.
floods). IOW, they are already factoring *climate change* into those
statistics - whether you believe in climate change or not.

Post by Daryl
My Porsche is actually cheaper to insure (same insurer) than my wife's
Golf despite the Porsche being worth approx double the Golf.
Benz is the cheapest to insure but its not worth much so very likely
even a very minor claim would write it off, cheaper to pay me out than
fix it.

When you're at the very bottom end of the insurance market, and driving
mostly fully depreciated cars, you're not going to notice much
difference as even the smallest bingle will write them off based on
their heavily depreciated value. The repair equation therefore forms
much less of an actuarial factor.

--
Xeno

Nothing astonishes Noddy so much as common sense and plain dealing.
(with apologies to Ralph Waldo Emerson)

Xeno

2025-01-17 01:16:21 UTC

Post by Xeno
Your insurance premium is related to the cost of repairing such cars.
Premium cars still attract premium repair bills even when their value
has reached its nadir. That's why the *smart money* buys the cars
*new* on lease and dump them after the first few years and their
value has plummeted. Most don't even pay out the leases, they want
shed of the car.

yep. insurance premiums are based on the type and age of the vehicle,
typical repair costs, the location it's kept at, the age and
experience of the driver(s), and claims history

Hey *no-balls*, what's the problem with asking me directly? No one in
their right mind believes you have killfiled me.

For the record, when it came to leasing cars, I *never* included you in
that. You see, you don't work for someone, you pretend to work for
yourself in your shed, and your only income would be Centrelink or your
wife's earnings.
Your wife, OTOH, works for the Victorian Government. Assuming she's on a
decent income and paying a high tax rate, it would be *logical* for her
to salary sacrifice into super and car leasing. Given she turns her cars
over in what would appear to be a typical lease term, it's a fairly safe
assumption she has more clues on finance than you and leases her cars.

So, I am not making that assumption in a derogatory sense to your wife,
I'm assuming she has more of a clue on matters fiscal than you - or has
access to decent financial advisors through her work. When I worked with
the State Government, I utilised the financial services of the
government and the teachers union - and they all promoted salary
sacrifice into super and/or car leasing for tax savings, especially
considering we were on the top tax bracket back then.

So, when I say the *smart money* buys new cars on lease, I am not
referring to *you*. I've seen your *ideas* on matters financial and
smart they most definitely aren't. Given your wife was smart enough to
pass high school and smart enough to indulge in tertiary study, I've
assumed she is, at a minimum, smart enough to engage the services of a
financial advisor. You, on the other hand, haven't a clue.

--
Xeno

Nothing astonishes Noddy so much as common sense and plain dealing.
(with apologies to Ralph Waldo Emerson)

Daryl

2025-01-15 10:56:04 UTC

Shopping around every year is all you can really do.
We were with AAMI for many years and were happy with them till the last
claim, possibly due to unfortunate timing having an accident just before
Christmas but our car was off the road for 3ths, panel beater most
likely the problem as much as the insurer but neither seemed to be in
all that much of a hurry.
Seems all too much like pot luck, sometimes you win, sometimes you don't.
The Porsche and the Golf are now with Shannons simply because they are
the only insurer that does a real agreed value.

--
Daryl

Noddy

2025-01-15 11:42:15 UTC

Post by Daryl
Shopping around every year is all you can really do.
We were with AAMI for many years and were happy with them till the last
claim, possibly due to unfortunate timing having an accident just before
Christmas but our car was off the road for 3ths, panel beater most
likely the problem as much as the insurer but neither seemed to be in
all that much of a hurry.
Seems all too much like pot luck, sometimes you win, sometimes you don't.
The Porsche and the Golf are now with Shannons simply because they are
the only insurer that does a real agreed value.

Yeah, I have everything with Shannons, and as much as I think they're
expensive they're not as bad as some others. I'm currently paying 1300
bucks for Ranger for agreed value full comp with glass breakage cover,
but an online quote with AAMI returned a figure of just under 2 grand.

--
--
--
Regards,
Noddy.

MightyMouse

2025-01-15 07:20:02 UTC